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Marketcraft - Steven K. Vogel

Marketcraft

How Governments Make Markets Work

(Autor)

Buch | Hardcover
200 Seiten
2018
Oxford University Press Inc (Verlag)
978-0-19-069985-7 (ISBN)
CHF 58,55 inkl. MwSt
Marketcraft argues that markets do not arise spontaneously but rather are crafted by individuals, firms, and most of all by governments. Thus "marketcraft" represents a core function of government comparable to statecraft. Vogel systematically reviews the implications of this argument, critiquing prevalent schools of thought and presenting innovative lessons for policy.
Modern-day markets do not arise spontaneously or evolve naturally. Rather they are crafted by individuals, firms, and most of all, by governments. Thus "marketcraft" represents a core function of government comparable to statecraft and requires considerable artistry to govern markets effectively. Just as real-world statecraft can be masterful or muddled, so it is with marketcraft.

In Marketcraft, Steven Vogel builds his argument upon the recognition that all markets are crafted then systematically explores the implications for analysis and policy. In modern societies, there is no such thing as a free market. Markets are institutions, and contemporary markets are all heavily regulated. The "free market revolution" that began in the 1980s did not see a deregulation of markets, but rather a re-regulation. Vogel looks at a wide range of policy issues to support this concept, focusing in particular on the US and Japan. He examines how the US, the "freest" market economy, is actually among the most heavily regulated advanced economies, while Japan's effort to liberalize its economy counterintuitively expanded the government's role in practice.

Marketcraft demonstrates that market institutions need government to function, and in increasingly complex economies, governance itself must feature equally complex policy tools if it is to meet the task. In our era-and despite what anti-government ideologues contend-governmental officials, regardless of party affiliation, should be trained in marketcraft just as much as in statecraft.

Steven K. Vogel is the Il Han New Professor of Asian Studies and a Professor of Political Science at the University of California, Berkeley. He specializes in the political economy of the advanced industrialized nations, especially Japan. He is the author of Japan Remodeled: How Government and Industry Are Reforming Japanese Capitalism (2006) and Freer Markets, More Rules: Regulatory Reform in Advanced Industrial Countries (1996). He has worked as a reporter for the Japan Times and as a freelance journalist in France. He has taught previously at the University of California, Irvine and Harvard University. He has a B.A. from Princeton University and a Ph.D. in Political Science from the University of California, Berkeley.

ACKNOWLEDGEMENTS
CHAPTER ONE: The Marketcraft Thesis
CHAPTER TWO: The Elements of Marketcraft
CHAPTER THREE: Marketcraft American Style: Why the World's "Freest" Market Economy is the Most Governed
CHAPTER FOUR: Marketcraft Japanese Style:Why It Is So Hard to Craft a Liberal Market Economy
CHAPTER FIVE: Marketcraft in Theory and Practice
REFERENCES

Erscheinungsdatum
Verlagsort New York
Sprache englisch
Maße 239 x 163 mm
Gewicht 431 g
Themenwelt Recht / Steuern EU / Internationales Recht
Sozialwissenschaften Politik / Verwaltung Politische Theorie
Sozialwissenschaften Politik / Verwaltung Staat / Verwaltung
Wirtschaft Volkswirtschaftslehre Wirtschaftspolitik
ISBN-10 0-19-069985-X / 019069985X
ISBN-13 978-0-19-069985-7 / 9780190699857
Zustand Neuware
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