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Taking corporate personhood as a starting point, Persons of the Market observes the complex historical entanglement of Christian theology and liberal capitalism to shed new
light on their seemingly odd marriage in contemporary American politics. Author Kevin Musgrave highlights the ways that theories of corporate and human personhood have long been and remain bound together by examining four case studies: the U.S. Supreme Court’s 1886 Santa Clara decision, the role of early twentieth-century advertisers in endowing corporations with souls, Justice Lewis Powell Jr.’s eponymous memo of 1971, and the arc of the conservative movement from Ronald Reagan to Donald Trump. Tracing this rhetorical history of the extension and attribution of personhood to the corporate form illustrates how the corporation has for many increasingly become a normative model or ideal to which human persons should aspire. In closing, the book offers preliminary ideas about how we might fashion a more democratic and humane understanding of what it means to be a person.

Underlying all the contributions to this volume is the understanding that both political and economic considerations affect environmental outcomes. Political decisions largely determine the feasible uses of natural resources by defining and enforcing fundamental property rights and entitlements over matters with environmental consequences. By determining the rules of the game, political decisions determine the extent to which humanity is empowered to transform the world, the processes used, and the waste products remaining. Environmental policies and thereby environmental outcomes emerge from a complex political process that accommodates a variety of conflicting interests. The essays in this volume examine the links between politics and economic interdependencies, using the modern tools of economics and public choice. Each essay develops a balanced and generally positive analysis of a particular environmental policy area ranging from international treaties on global warming to EPA regulations regarding pesticide usage. Contributors use a variety of mathematical and statistical methods to examine policy formation in such policy areas as global warming, wildlife management, undersea oil rights, and the location of NIMBYs. The volume will be of interest to those who study environmental policy from the perspectives of economics, political science, public policy, and environmental studies.

Two key features of the remarkable economic growth in the newly industrializing countries of East Asia over the last quarter of a century are the role of exports of manufactured goods as the engine of this growth and the importance of the United States as a market for these exports. Political Economy of U.S.-Taiwan Trade analyzes the nature of the political and economic interactions, both domestic and international, which evolved between Taiwan and the United States in a manner that has enabled this growth to occur. In analyzing the various cooperative and conflicting trade policies pursued by the two countries over the last fifty years, the authors utilize a broad political economy framework. They first describe the nature and evolution of trade between Taiwan and the United States and discuss the major economic and political groups and institutions that shape trade policies in the two countries. In doing so, the role that trade has played both in Taiwan's development policies and in the international economic and political policies of the United States in the post-World War II period is analyzed. The various restrictions imposed by each country on the other's exports are examined, and the efforts to reduce these trade barriers are then discussed in detail. Particular attention is given to the series of bilateral negotiations in which the United States has used its dominant economic and political power to force Taiwan to open a number of its internal markets. The book will be of interest to both economists and political scientists specializing in international economics and international political relations. Area specialists focusing on the Far East will also find the book helpful. Robert E. Baldwin is Hilldale Professor of Economics, University of Wisconsin. Tain-Jy Chen is Research Fellow, Chung-Hua Institution for Economic Research. Douglas Nelson is Associate Professor of Economics, Tulane University. This title was formally part of the Studies in International Trade Policy Series, now called Studies in International Economics.

Politicized Property analyzes the under-researched phenomenon of renationalization—the return of previously privatized firms to state ownership. Highlighting the evolving relationship between political parties and firms, the book demonstrates that renationalization of newly privatized firms is influenced by varying patterns of their embeddedness in political and ownership networks operating within the context of political and institutional uncertainty. These ownership reversals underpin the construction of new political and social orders and have far-reaching consequences for democratic governance. By placing renationalization at the center of postcommunist transformation, Miloš Resimić also links it to contemporary processes of democratic backsliding.

Using Serbia as a case study, Resimić tests the argument with an original administrative dataset tracking political affiliations and ownership structures of 125 strategic Serbian firms privatized through tender sale, complemented by in-depth case studies and interviews with oligarchs, politicians, and bureaucrats. Tracing over a decade of political and ownership ties among strategic Serbian firms, the book uncovers the micro-level foundations of renationalization. To demonstrate that these dynamics are observable across the postcommunist world and beyond, comparative chapters extend the analysis to Hungary under Viktor Orbán, Poland, Montenegro, and Argentina, showing that reversals of privatization are integral to the political economy of postcommunist capitalism.

Discusses the policies, practices and outcomes of privatization in six transition economies: the Czech Republic, Hungary, Poland, Russia, Slovenia and Ukraine, paying particular attention to cross-country differences and to interrelations between the processes of privatisation and the political transition from communism to a new system.The analysis is restricted to the privatisation in those fields where its methods have been strongly different from privatisations in advanced market economies and where differences of privatisation principles and techniques among our six countries were also rather various. This is basically the privatisation of middle-sized and large enterprises, not including banks, non-bank financial companies, natural monopolies and agricultural entities.

To fully understand New Jersey in the 2020s and beyond, it is crucial to understand its ever-changing population. This book examines the twenty-first century demographic trends that are reshaping the state now and will continue to do so in the future. But trend analysis requires a deep historical context. Present-day New Jersey is the result of a long demographic and economic journey that has taken place over centuries, constantly influenced by national and global forces. This book provides a detailed examination of this journey.  The result is present-day New Jersey.
 
The authors also highlight key trends that will continue to transform the state: domestic migration out of the state and immigration into it; increasing diversity; slower overall population growth; contracting fertility; the household revolution and changing living arrangements; generational disruptions; and suburbanization versus re-urbanization. All of these factors help place in context the result of the 2020 decennial U.S. Census.

While the book focuses on New Jersey, the Garden State is a template of demographic, economic, social, and other forces characterizing the United States in the twenty-first century.

Following the end of World War II in 1945, the Chinese Communist Party (CCP) spent the next three decades carrying out agrarian reform among nearly one-third of the world’s peasants. This book presents a new perspective on the first step of this reform, when the CCP helped redistribute over 40 million hectares of land to over three hundred million impoverished peasants in the nationwide land reform movement. This land reform, the founding myth of the People’s Republic of China (1949–present) and one of the largest redistributions of wealth and power in history, embodies the idea that an equal distribution of property will lead to social and political equality.
 
Power Over Property argues that in practice, however, the opposite occurred: the redistribution of political power led to a more equal distribution of property. China’s land reform was accomplished not only through the state’s power to define the distribution of resources, but also through village communities prioritizing political entitlements above property rights. Through the systematic analysis of never-before studied micro-level data on practices of land reform in over five hundred villages, Power Over Property demonstrates how land reform primarily involved the removal of former power holders, the mobilization of mass political participation, and the creation of a new social-political hierarchy. Only after accomplishing all of this was it possible to redistribute land. This redistribution, moreover, was determined by political relations to a new structure of power, not just economic relations to the means of production.
 
The experience of China’s land reform complicates our understanding of the relations between economic, social, and political equality. On the one hand, social equality in China was achieved through political, not economic means. On the other hand, the fundamental solution was a more effective hierarchy of fair entitlements, not equal rights. This book ultimately suggests that focusing on economic equality alone may obscure more important social and political dynamics in the development of the modern world.

In precarious and tumultuous times, schemes of social support, including cash transfers, are increasingly indispensable. Yet the inadequacy of the nation-state frame of membership that such schemes depend on is becoming evermore evident, as non-citizens form a growing proportion of the populations that welfare states attempt to govern. In Presence and Social Obligation, James Ferguson argues that conceptual resources for solving this problem are closer to hand than we might think. Drawing on a rich anthropology of sharing, he argues that the obligation to share never depends only on membership, but also on presence: on being “here.” Presence and Social Obligation strives to demonstrate that such obligatory sharing based on presence can be observed in the way that marginalized urban populations access state services, however unequally, across the global South. Examples show that such sharing with non-nationals is not some sort of utopian proposal but part of the everyday life of the modern service-delivering state. Presence and Social Obligation is a critical yet refreshing approach to an ever-growing way of being together.
 

 A thought-provoking challenge to our ideas about philanthropy, marking it as a deeply political activity that allows the wealthy to dictate more than we think.
 
Philanthropy plays a huge role in supporting the provision of many public goods in contemporary societies. As a result, decisions that affect public outcomes and people’s diverse interests are often dependent on the preferences and judgments of the rich. Political theorist Emma Saunders-Hastings argues that philanthropy is a deeply political activity. She asks readers to look at how the power wielded by philanthropy impacts democracy and deepens political inequality by enabling the wealthy to exercise outsize influence in public life and by putting in place paternalistic relationships between donors and their intended beneficiaries. If philanthropy is to be made compatible with a democratic society of equals, it must be judged not simply on the benefits it brings but on its wider political consequences. Timely and thought-provoking, Private Virtues, Public Vices will challenge readers’ thoughts on what philanthropy is and how it truly affects us.
 

In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.

Examines the ways Singapore’s impressive public housing program is central to the political legitimacy of the city-state’s single-party regime, and the growing contradictions of its success.

The achievement of Singapore’s national public housing program is impressive by any standard. Within a year of its first election victory in 1959, the People's Action Party began to deliver on its promises. By the 1980s, 85% of the population had been rehoused in modern flats. Now, decades later, the provision of public housing shapes Singapore's environment. The standard accounts of this remarkable transformation leave many questions unanswered, from the historical to urgent matters of current policy. Why was housing such a priority in the 1960s? How did the provision of social welfare via public housing shape Singapore's industrialization and development over the last 50 years? Looking forward, can the HDB continue to be both a source of affordable housing for young families and a mechanism for retirement savings? What will happen when 99-year leases expire?

Public Subsidy, Private Accumulation is a culmination of Chua Beng Huat's study of Singapore's public housing system, its dynamics, and the ways it functions in Singapore's politics. The book will be of interest to citizens and to scholars of the political economy of Asian development, social welfare provision, and Singapore.