Political markets Cover Image

Politička tržišta
Political markets

Author(s): Miroslav Prokopijević
Subject(s): Politics / Political Sciences, Politics, Government/Political systems, Electoral systems, Political behavior, Politics and society, Comparative politics
Published by: CeSID
Keywords: political markets; democracy; incentives; institutional design; political competition
Summary/Abstract: The introduction critiques the idealistic view of the state and its actors, arguing instead for a realistic approach that acknowledges the risks of abuse and calls for institutional safeguards to minimize them. It presents the concept of "political markets," where politicians act like sellers and voters like buyers, making political behavior comparable to economic behavior despite some differences. The author emphasizes the importance of competitive and open political systems for ensuring democratic legitimacy and effectiveness, as monopolies in politics, like in economics, lead to inefficiency and loss of freedom.

  • Print-ISBN-10: 86-83491-20-x
  • Page Count: 72
  • Publication Year: 2002
  • Language: Serbian
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