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Harold D Clarke - Controversies in Political Economy: Canada, Great Britain, the United States

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Harold D Clarke Controversies in Political Economy: Canada, Great Britain, the United States
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Controversies in Political Economy
Controversies in Political Economy
Canada, Great Britain, the United States
Harold D. Clarke, Euel W. Elliott, William Mishler, Marianne C. Stewart, Paul F. Whiteley, and Gary Zuk
First published 1992 by Westview Press Inc Published 2018 by Routledge 52 - photo 1
First published 1992 by Westview Press, Inc.
Published 2018 by Routledge
52 Vanderbilt Avenue, New York, NY 10017
2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN
Routledge is an imprint of the Taylor & Francis Group, an informa business
Copyright 1992 Taylor & Francis
All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.
Notice:
Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe.
Library of Congress Cataloging-in-Publication Data
Controversies in political economy: Canada, Great Britain, the United States
/ Harold D. Clarke... [et al.].
p. cm.
Includes bibliographical references and index.
ISBN 0-8133-7770-6
1. Business cyclesPolitical aspectsUnited States. 2. Business
cyclesPolitical aspectsGreat Britain. 3. Business cycles
Political aspectsCanada. 4. United StatesPolitics and
government1981-1989. 5. Great BritainPolitics and
government1979- . 6. CanadaPolitics and government1980- .
I. Clarke, Harold D.
HB3743C68 1992
338.9dc20 92-7996
CIP
ISBN 13: 978-0-367-01318-9 (hbk)
Contents
Guide
Political economy long has been a disputed field of inquiry. The strong resurgence of interest in political-economic relationships during the past two decades has perpetuated this intellectual tradition by stimulating important new debates and reinvigorating old ones. In this book we address a number of these controversies in a series of studies of the political economy of political support in three Anglo-American politiesCanada, Great Britain, and the United States.
Our investigations focus on two topics central to recent research on the interaction of economics and politics in contemporary Western democracies. The first of these concerns the proposition that a healthy economy is a sine qua non for the continued electoral success of governing political parties and their leaders. Although this hypothesis has acquired the status of conventional wisdom among politicians and political scientists alike, efforts to determine, as George Stigler (1973:160) once put it, if "this fact in fact is a fact" have produced discordant results and fueled a variety of theoretical and methodological disputes. The second related topic concerns what have come to be known as "political business cycles" (PBCs). The idea that governments can manipulate the economy for political advantage has intrigued political practitioners and academic analysts at least since Napoleonic times, and disputes over the theory and practice of PBCs have been prominent themes in the new political economy.
In addressing these topics we have adopted an explicitly comparative perspective. This perspective is consonant with our general argument that political-economic interactions are conditioned by political contexts in which they occur. These contexts can vary between political systems and within them over time. Recognition of the significance of the settings within which political-economic interactions occur prompts us to address a range of theoretical issues concerning which variables properly belong in political economy models and how the effects of these variables should be specified.
In developing and testing these models we also have been sensitive to the criticism that many previous studies of political-economic relationships have involved "high-tech analyses of low-grade data" (Miller, 1989:143). Lacking adequate data, such studies have not been able to confront crucial issues that have fueled ongoing debates among political economists. Many of these issues involve the psychological underpinnings of political economy. Examples include relationships between objective economic conditions and subjective economic evaluations, the conditions under which people attribute responsibility to government for prevailing economic conditions, and the relative importance of retrospective and prospective judgments about national and personal economic circumstances in the skein of forces influencing political support. The American, British, and Canadian survey data we use enable us to address these issues.
Nearly a half-century ago the prominent political economist Joseph Schumpeter (1962:73) argued: "Bourgeois society has been cast in a purely economic mold: its foundations, beams, and beacons are all made of economic material." Since the rebirth of interest in political economy in the early 1970s, Schumpeter's argument has resonated strongly in the many studies that place a heavy accent on the economics of political-economic relationships. Although the resulting simplifications extend the seductive promise of theoretical parsimony, we argue that reality-oriented models of such relationships must be based on recognition of the importance of the politics of political economy. Such models will be more complex than many existing ones, but, by providing a more accurate portrait of political-economic interactions, they will help to resolve longstanding controversies and suggest new areas of inquiry.
Harold D. Clarke
Euel W. Elliott
William Mishler
Marianne C. Stewart
Paul F. Whiteley
Gary Zuk
Denton, Texas
This book is the product of collaborative research conducted by the authors over the past several years. We wish to acknowledge the assistance of those people and organizations that have facilitated our efforts. We owe a special debt of gratitude to Allan Kornberg, whose intellectual contribution to our enterprise extends far beyond his coauthorship of .
Additionally, we are pleased to acknowledge the generous financial assistance of the National Science Foundation and the encouragement provided by the Foundation's political science program director, Dr. Frank Scioli. Two grants from the Foundation enabled Clarke and his co-principal investigator, Allan Kornberg, to gather much of the data on the political economy of political support in Canada presented in .
Other individuals and institutions helped as well. Our data analyses were performed using the computing facilities at the Universities of Arizona, North Texas (UNT), and South Carolina and at SUNY-Buffalo. We greatly appreciate the use of these facilities as well as the assistance provided by Dave Molta and his helpful colleagues at the UNT computing center. We also appreciate UNT's financial support via its membership in the Inter-university Consortium for Political and Social Research. This gave us access to the 1988 U.S. National Election Study data analyzed in. Of course, the analyses and interpretations of these and other data presented in the book are the responsibility of the authors.
We also wish to acknowledge the many efforts of Jo-Ann Lutz at North Texas, who helped us to prepare our manuscript for publication by performing the word-processing and table-preparation chores carefully and cheerfully. Last, but certainly not least, we wish to thank Amy Eisenberg, our editor at Westview, for her patience, encouragement, and helpful advice.
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