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Democratic Theory/Barry: International democracy theory has been shaped for almost three decades by two books written by economists: Capitalism, Socialism, and Democracy by Joseph A. Schumpeter (1942) (1) and An Economic Theory of Democracy by Anthony Downs (1957 (2). In the history of theory there are only a few works on economic democracy theory (cf. however the works of Brian Barry 1970) (3).
The idea that both parties and voters are benefit maximizing and democracy has no intrinsic value is one of the central assumptions of (almost) all rational-choice-inspired democracy theories and election analyses.
1. J. A. Schumpeter, Capitalism, socialism, and democracy. New York 1942. [dt. Kapitalismus, Sozialismus und Demokratie. Tübingen/Basel 2005.
2. A. Downs, An economic theory of democracy. New York 1957; [dt. Ökonomische Theorie der Demokratie. Tübingen 1968.
3. B. Barry, Sociologists, economists, and democracy. Chicago 1970._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
Sociologists,economists, and democracy Chicago 1970
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018