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  1. (1 other version)The capital flight quadrilemma: Democratic trade-offs and international investment.Michael Bennett - 2021 - Ethics and Global Politics 4 (14):199-217.
    This article argues that capital flight of real investment presents governments with a quadrilemma. First, governments can tailor their policies to attract investors – but this is incompatible with a whole range of alternative policy choices. Second, they can simply accept capital flight – but this is incompatible with a robust capital stock and tax base. Third, they can harmonize its taxes and regulations with other states – but this is incompatible with international independence. Fourth, they can impose capital controls (...)
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  • philosophy of money and finance.Boudewijn De Bruin, Lisa Maria Herzog, Martin O'Neill & Joakim Sandberg - 2012 - In Ed Zalta (ed.), Stanford Encyclopedia of Philosophy. Stanford Encyclopedia of Philosophy.
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  • Power, Capability and Ableness: The Fallacy of the Vehicle Fallacy.Keith Dowding - 2008 - Contemporary Political Theory 7 (3):238-258.
    Sen's capabilities are reducible to individual power. Morriss's important distinction between ability and ableness is pertinent to the correct analysis of measuring capabilities. Morriss argues reducing power to resources constitutes the vehicle fallacy. The vehicle fallacy is not a fallacy if resources are measured relationally, for example, the power of money is relative to its distribution. It follows that strategic considerations must enter into the very essence of the concept of power. While ‘resources’ in this essay are broader than Dworkin's (...)
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  • Capital Flight and Domination by Diffuse Collectives.Miikka Jaarte - forthcoming - Politics, Philosophy and Economics.
    When progressive governments attempt to redistribute wealth, nationalize major industries, or empower unions, they are often faced with the threat of capital flight. Some republican theorists have suggested that this phenomenon might be a source of domination. However, the prominent neo-republican account of domination presented by Philip Pettit cannot justify this claim, since the class of investors is not usually an agent. In this article, I present a novel theory of domination by diffuse collectives that can justify the intuition that (...)
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  • Should Expatriates Vote?Claudio López-Guerra - 2005 - Journal of Political Philosophy 13 (2):216-234.
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  • How Egalitarian is Rawls's Theory of Justice?Ian Hunt - 2010 - Philosophical Papers 39 (2):155-181.
    Gerald Cohen's critique of John Rawls's theory of justice is that it is concerned only with the justice of social institutions, and must thus arbitrarily draw a line between those inequalities excluded and those allowed by the basic structure. Cohen claims that a proper concern with the interests of the least advantaged would rule out 'incentives' for 'talented' individuals. I argue that Rawls's assumption that the subject of justice is the basic structure of society does not arbitrarily restrict the concerns (...)
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  • Norms for political cynics. A metatheoretical exploration of the relation between power and normativity in politics.Tim Heysse - forthcoming - Inquiry: An Interdisciplinary Journal of Philosophy.
    Supporters of political realism and republicanism as well as students of political feasibility and non-ideal theory progressively focus on the dimension of power in the political relation. Yet we lack the theoretical framework to represent these features of power. In this essay, I take a first step towards designing the necessary conceptual tools for such a framework by analyzing the relations between the concepts of power and normativity that define the political relation. Adopting a ‘methodological cynicism’, I analyse the reasons (...)
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  • Global Political Legitimacy and the Structural Power of Capital.Ugur Aytac - 2023 - Journal of Social Philosophy 54 (4):490-509.
    In contemporary democracies, global capitalism exerts a significant influence over how state power is exercised, raising questions about where political power resides in global politics. This question is important, since our specific considerations about justifiability of political power, i.e. political legitimacy, depend on how we characterize political power at the global level. As a partial answer to this question, I argue that our notion of global political legitimacy should be reoriented to include the structural power of the Transnational Capitalist Class (...)
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  • Power, Capability and Ableness: The Fallacy of the Vehicle Fallacy.Benjamin Franks - 2008 - Contemporary Political Theory 7 (3):238-258.
    Sen's capabilities are reducible to individual power. Morriss's important distinction between ability and ableness is pertinent to the correct analysis of measuring capabilities. Morriss argues reducing power to resources constitutes the vehicle fallacy. The vehicle fallacy is not a fallacy if resources are measured relationally, for example, the power of money is relative to its distribution. It follows that strategic considerations must enter into the very essence of the concept of power. While ‘resources’ in this essay are broader than Dworkin's (...)
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  • The uneasy relationship between democracy and capital.Thomas Christiano - 2010 - Social Philosophy and Policy 27 (1):195-217.
    The basic question I want to ask is: can the exercise of private property rights abridge fundamental norms of democratic decision-making? And, under what conditions can it do so? To the extent that we view democratic decision making as required by justice, the issue is whether there is a deep tension between certain ways of exercising the rights of private property and that part of social justice that is characterized by democracy. To the extent that this tension holds, I will (...)
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  • Here, there, or delaware? How corporate threats distort democracy.Athmeya Jayaram & Vishnu Sridharan - 2023 - Politics, Philosophy and Economics 22 (1):55-75.
    Concern for corporate influence on democratic decisions has mostly focused on campaign funding and access to legislators. While these are certainly worrisome, corporations have another tool to influence decisions, which they are increasingly using. They can threaten to move their operations or cancel expansion plans in a municipality unless its public officials pass (or kill) certain policies. In one sense, this is business as usual. Companies have the right to decide where to operate, and it is important for officials to (...)
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  • Pouvoir et entreprise : une analyse méthodologique et conceptuelle.Virgile Chassagnon - 2019 - Revue de Philosophie Économique 19 (2):3-32.
    La science économique a toujours été réticente à l’égard du concept de pouvoir, qui ne saurait être opérationnalisé dans les modèles microéconomiques et qui justifierait des rationalisations ex post. Pourtant, le pouvoir est un vecteur d’institutionnalisation sociale que les économistes se doivent d’intégrer pour faire de la firme un objet de recherche de l’économie politique et réaliser de nouveaux progrès explicatifs. Partant, l’article ambitionne de proposer une analyse méthodologique renouvelée du pouvoir, lequel implique une structure collective tout en reposant sur (...)
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  • Re[Public]an Reasons: A Republican Theory of Legitimacy and Justification.Christopher McCammon - 2015 - Dissertation, University of Nebraska-Lincoln
    There is a kind of power no one should have over anyone else, even if they don’t do anything with this power, or even if they only use this power for good. The republican tradition of political philosophy calls this kind of power domination. Here, I develop a theory of domination, and use this theory to advance our understanding of political legitimacy and justification. My account of domination refines recent neo-republican attempts to identify dominating social power with the capacity to (...)
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  • (1 other version)The capital flight quadrilemma: Democratic trade-offs and international investment.Michael Bennett - 2021 - Ethics and Global Politics 14 (4).
    This article argues that capital flight of real investment presents governments with a quadrilemma. First, governments can tailor their policies to attract investors – but this is incompatible with a whole range of alternative policy choices. Second, they can simply accept capital flight – but this is incompatible with a robust capital stock and tax base. Third, they can harmonize its taxes and regulations with other states – but this is incompatible with international independence. Fourth, they can impose capital controls (...)
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