POLITICS 2102A-001. CAPITALISM AND DEMOCRACY FALL 2012 Tues. 3:30 5:30, UCC 37

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1 POLITICS 2102A-001 CAPITALISM AND DEMOCRACY FALL 2012 Tues. 3:30 5:30, UCC 37 Harvey Brown Office - Rm ext Office Hours: Tues.Wed, Thur. hbrown2@uwo.ca 10:30-12:00, or by appointment. This course will examine the relationship between capitalism and various ideas of democracy. The basic questions that we will be attempting to answer are simple ones. Are capitalism and democracy compatible? Were they ever? Is the one necessary for the other to exist? To answer these questions we will examine both the history of capitalism and some of the theoretical ideas that connect these two together. As well we will look at some current debates about cultural and economic life in western society. Prerequisites: None. Note: students registered in a major in political Science or the Honours Specialization in Political Science may not register in 2100 level Political Science courses. Important Notice Re: Prerequisities/Antirequisites. PLEASE NOTE: You are responsible for ensuring that you have successfully completed all course prerequisites, and that you have not taken an antirequisite course. Lack of prerequisites may not be used as a basis for appeal. If you are found to be ineligible for a course, you may be removed from it at any time and you will receive no adjustment to your fees. This decision cannot be appealed. If you find that you do not have the course requisites, it is in your best interest to drop the course well before the end of the add/drop period. Your prompt attention to this matter will not only help protect your academic record, but will ensure that spaces become available for students who require the course in question for graduation. Course Requirements: The class will take the form of lectures and discussion around the assigned readings. Two tests each worth 25% on or about Oct.9 and Nov 12.. Final exam (cumulative) worth 50% Each test will be in the essay and/or short answer format. The tests will be during class while the exam will be in the regular Dec. exam period.

2 Note Re: computers Students may not use laptops or other electronic devices in the class. If you have a compelling reason to do so please speak to me. Texts: Crick, B. Democracy. Oxford: Oxford University Press, Fulcher, J. Capitalism. Oxford: Oxford University Press, Note: These are background works which should be read as soon as possible. They are not the basis of the lectures but will put much of what we will talk about in perspective. Reading Package available at the bookstore. Curriculum: The general themes that we will explore are listed below. 1. Capitalism and Democracy; Some Introductory Comments. 2. Some Thoughts on Democracy 3. Defenders and Critics of the Market 4 Globalization Markets and States Each of these topics will take varying amounts of time to cover so you cannot equate them to specific weeks but below is a guide to your reading. Readings: Week 1 - Texts Week 2 - Smith Week 3 - Browowski, Marx (The German Ideology) Week 4 - Marx (Wage Labour & Capital) Week 5 - Polanyi Week 6 - Schumpeter Week 8 Soros, Chomsky Week 9 - Dobbin Week 10 - Nader Week 11- Hahnel. Week 12- Rae, Blank, Fukuyama Week 7 - Friedman, Martinez 2

3 POLITICS 2102 BIBLIOGRAPHY Adorno, T. The Culture Industry. London: Routledge, Allen, W. Efficient Democracy. New York: Dodd, Mead & Co., Armstrong, Glyn & Harrison. Capitalism Since World WarII. London: Fontana Paperbacks, Aristotle. The Politics. Atkinson & Coleman. The State, Business and Industrial Change in Canada. Toronto: University of Toronto Press, Barker, C. Media Concentration and Democracy. Cambridge: Cambridge University Press, Bell, D. The Cultural Contradictions of Capitalism. New York: Basic Books, Bernstein & Berger. (ed) Business and Democracy. London: Continum,1998. Blank & McGurn. Is The Market Moral. Washington: Brookings Institute, Block, et. al. (ed) Morality of the Market. Toronto: The Fraser Institute, Bloor, W. (ed) Economics and the Environment. Toronto: The Fraser Institute, Bronowski, K. The Western Intellectual Tradition. New York: Harper & Brothers, Burke, E. Reflections on the Revolution in France. New York: Dolphin Books, Caporaso & Levine. Theories of Political Economy. Cambridge: Cambridge University Press, Clarke & Barlow. M.A.I. Toronto: Stoddart, Clark, H. (ed.) Commerce, Culture & Liberty. Readings on Capitalism Before Adam Smith. Indianapolis: Liberty Fund, Daly & Cobb. For the Common Good. Boston: Beacon Press, Deane, P. The State and the Economic System. Oxford: Oxford University Press,

4 Deneen, P. Democratic Faith Princeton: Princeton University Press, Dobbin, M. The Myth of the Good Corporate Citizen. Toronto: Stoddart, Donlan, T. G. A World of Wealth. Upper Saddle River, N.J.: FT Press, Downs, A. An Economic Theory of Democracy. New York: Harper & Row, Drache, D. (ed) The Market or the Public Domain. London: Routledge, Dunn, J. Democracy: A History. Toronto: Penguin, Elkins, D. Beyond Sovereignty: Territory and Political Economy in the Twenty-First Century. Toronto: The University of Toronto Press, Fanfani, A. Catholicism, Protestantism and Capitalism. Notre Dame: University of Notre Dame Press, Friedman, M. Capitalism and Freedom. Chicago: University of Chicago Press, Fukuyama. F. The End of History and The Last Man. New York: The Free Press, Trust: The Social Virtues and the Creation of Prosperity. New York: The Free Press, Fusfeld, D. The Age of the Economist. 6 th Edition. Glenview Ill.: Little Brown, Galbraith, J. K. American Capitalism: The Concept of Countervailing Power. Boston: Houghton Mifflin Co Economic Development. Boston: Houghton Mifflin Co The New Industrial State. Boston: Houghton Mifflin Co Economics and the Public Purpose. Boston: Houghton Mifflin Co The Good Society. Boston Houghton Mifflin Co Gilpin, R. Global Political Economy. Princeton: Princeton University Press, Giroux, H. The Terror of Neoliberalism. Aurora, Ont.: Garamond Press, Goodin, R. Political Theory and Public Policy. Chicago: University of Chicago Press, Grady & MacMillan. Seattle and Beyond. Ottawa: Global Economics Ltd.,

5 Grant, G. Lament For A Nation. Toronto: McClelland & Stewart, Grey, J. Hayek on Liberty. Oxford: Blackwell, Grey, J False Dawn. London: Granta Publishing, Hahnel, R. Economic Justice and Democracy. New York: Routledge, Hall, J. Liberalism: Politics, Ideology and the Market. Chapel Hill: University of North Carolina Press, Hall & Biersteker. (ed) The Emergence of Private Authority in Global Goverance. Cambridge: Cambridge University Press, Harmes, A. Unseen Power. Toronto: Stoddart, The Return of the State. Vancouver: Douglas & McIntyre, Hart, S. Capitalism At The Crossroads. (2nd. Ed.) Upper Saddle River, N.J.: Wharton School Publishing, Hayek, F. The Road to Serfdom. Chicago: University of Chicago Press, The Constitution of Liberty. Chicago: University of Chicago Press, New Studies in Philosophy, Politics, Economics and the History of Ideas. Chicago: University of Chicago Press, Heath, J. The Efficient Society: Why Canada Is as Close to Utopia as It Gets. Toronto: Penguin, Heilbroner, R. Twenty-First Century Capitalism. Toronto: Ananci, Isbister, J. Capitalism and Justice. Bloomfield, Ct.: Kumarian Press, Kelly, P. Liberalism. Cambridge: Polity Press, Klein, N. The Shock Doctrine. New York: Picador, Knudsen, J. Justus Moser and the German Enlightenment. Cambridge: Cambridge University Press, Krugman, P. The Return of Depression Economics and the Crisis of New York: W. W. Norton & Company,

6 Laux & Molot. State Capitalism; Public Enterprise in Canada. Ithaca: Cornell University Press, Lermer, G. (ed) Probing Leviathan: An Investigation of Government in the Economy. Toronto: The Fraser Institute, Lutz, M. Economics for the Common Good.New York: Routledge, MacPherson, C. B., The Real World of Democracy. Toronto: CBC, Democratic Theory. Oxford: Clarendon Press, Marcuse, H. One Dimensional Man. Boston: Beacon Press, Martinez, M. The Myth of the Free Market. Sterling, Va.: Kumarian Press, Marx, K. Capital.; Student Edition. London: Dent, 1962 McBride & Shields. Dismantling a Nation. Halifax: Fernwood Publishing, McKibben, B. Deep Economy. New York: Henry Holt & Co., McQuaig, L. All You Can Eat. Toronto: Penguin, Myers, M. The Soul of Modern Economic Man: Ideas of Self-Interest, Thomas Hobbes to Adam Smith. Chicago: University of Chicago Press, Nozick, R. Anarchy, State, and Utopia. New York: Basic Books, Okun, A. Equality and Efficiency; The Big Tradeoff. Washington: The Brookings Institute, Osborne & Gaebler. Reinventing Government. New York: Plume, Pangle, T. The Ennobling of Democracy. Baltimore: The John Hopkins University Press, Paul, E, et al. (ed) Capitalism. Oxford: Basil Blackwell, Pitkin, H. F. The Concept of Representation. Berkeley: University of California Press, Polanyi, K. The Great Transformation. New York: Farrar & Rinehart, Rae, B. The Three Questions: Prosperity and the Public Good. Toronto:Viking,

7 Rajaee, F. Globalization on Trial. Ottawa: International Development Research Centre, Rajan & Zingales. Saving Capitalism from the Capitalists. Princeton: Princeton University Press, Ransom & Baird. People First Economics. Oxford, UK: New Internationalist, Rawls, J. A Theory of Justice. (2 nd ed.) Cambridge Ma.: Harvard University Press, Political Liberalism. New York: Columbia University Press, Reich, R. Supercapitalism. New York: Knopf, Resnick, P. Twenty First Century Democracy. Montreal: McGill-Queens University Press, Rosenblum, N. Membership & Morals. Princeton: Princeton University Press, Rosenblum, N. (ed) Liberalism and the Moral Life. Cambridge: Harvard University Press, Satz, D. Liberalism, Economic Freedom and the Limits of Markets in Social Philosophy & Policy. Vol. 24, #1 pp Savoie, D. Power Where Is It? Montreal: McGill-Queens University Press, Schumpeter, J. Capitalism, Socialism and Democracy. New York: Harper & Row, Schwarz, J. Freedom Reclaimed: Rediscovering the American Vision. Baltimore: The John Hopkins University Press, Sen, A. Development as Freedom. New York: Anchor Books, Sennett, R. The Culture of the New Capitalism. New Haven: Yale University Press, Smith, A. The Wealth of Nations. London: Penguin Books, The Theory of Moral Sentiments. Indianapolis: Liberty Classics, Spechler, M. Perspectives in EconomicThought. New York: McGraw Hill, Stanford, J. Paper Boom. Toronto: James Lorimer & Co., Stein, J. The Cult of Efficency. Toronto: Anansi,

8 Stone, D. Policy Paradox and Political Reason. New York: Harper Collins, Strange, S. The Retreat of the State. Cambridge: Cambridge University Press Swanson, J. Power and Resistance: Perpetuating and Challenging Capitalist Exploitation. In Contemporary Political Theory. Vol 6 #1. pp 4-23 Talisse, R. Democracy After Liberalism. New York: Routledge, Tilly, C. Democracy. Cambridge: Cambridge University Press, Tomasi, J. Free Market Fairness. Princeton, N.J.: Princeton University Press, Van Staveren, I. The Values of Economics: An Aristotelian Perspective. London: Routledge, Verkuil, P. Outsourcing Sovereignty. Cambridge: Cambridge University Press, von Mises, L. Liberalism. Indianapolis: Liberty Fund, The Anti-Capitalist Mentality. Indianapolis: Liberty Fund, Walker, M. (ed) Freedom, Democracy and Economic Welfare. Toronto: The Fraser Institute, Weber, M. The Protestant Ethic and the Spirit of Capitalism. New York: Charles Scribner s Sons, Westbrook, R. Democratic Hope: Pragmatism and the Politics of Truth. Ithaca: Cornell University Press, Wolf, M. Why Globalization Works. New Haven: Yale University Press, Wolin, S. Democracy Inc. Princeton: Princeton University Press, Yergin & Stanislaw. The Commanding Heights. New York: Touchstone,

9 APPENDIX TO UNDERGRADUATE COURSE OUTLINES DEPARTMENT OF POLITICAL SCIENCE Prerequisite checking - the student s responsibility "Unless you have either the requisites for this course or written special permission from your Dean to enroll in it, you may be removed from this course and it will be deleted from your record. This decision may not be appealed. You will receive no adjustment to your fees in the event that you are dropped from a course for failing to have the necessary prerequisites." Essay course requirements With the exception of 1000-level courses, most courses in the Department of Political Science are essay courses. Total written assignments (excluding examinations) will be at least 3,000 words in Politics 1020E, at least 5,000 words in a full course numbered 2000 or above, and at least 2,500 words in a half course numbered 2000 or above. Use of Personal Response Systems ( Clickers ) "Personal Response Systems ("clickers") may be used in some classes. If clickers are to be used in a class, it is the responsibility of the student to ensure that the device is activated and functional. Students must see their instructor if they have any concerns about whether the clicker is malfunctioning. Students must use only their own clicker. If clicker records are used to compute a portion of the course grade: the use of somebody else s clicker in class constitutes a scholastic offence, the possession of a clicker belonging to another student will be interpreted as an attempt to commit a scholastic offence." Security and Confidentiality of Student Work (refer to current Western Academic Calendar ( "Submitting or Returning Student Assignments, Tests and Exams - All student assignments, tests and exams will be handled in a secure and confidential manner. Particularly in this respect, leaving student work unattended in public areas for pickup is not permitted." Duplication of work Undergraduate students who submit similar assignments on closely related topics in two different courses must obtain the consent of both instructors prior to the submission of the assignment. If prior approval is not obtained, each instructor reserves the right not to accept the assignment. Grade adjustments In order to ensure that comparable standards are applied in political science courses, the Department may require instructors to adjust final marks to conform to Departmental guidelines. Academic Offences "Scholastic offences are taken seriously and students are directed to read the appropriate policy, specifically, the definition of what constitutes a Scholastic Offence, at the following Web site:

10 Submission of Course Requirements ESSAYS, ASSIGNMENTS, TAKE-HOME EXAMS MUST BE SUBMITTED ACCORDING TO PROCEDURES SPECIFIED BY YOUR INSTRUCTOR (I.E., IN CLASS, DURING OFFICE HOURS, TA'S OFFICE HOURS) OR UNDER THE INSTRUCTOR'S OFFICE DOOR. THE MAIN OFFICE DOES NOT DATE-STAMP OR ACCEPT ANY OF THE ABOVE. Note: Information excerpted and quoted above are Senate regulations from the Handbook of Scholarship and Academic Policy. Students registered in Social Science should refer to for information on Medical Policy, Term Tests, Final Examinations, Late Assignments, Short Absences, Extended Absences, Documentation and other Academic Concerns. Non-Social Science students should refer to their home faculty s academic counselling office. Plagiarism "Plagiarism: Students must write their essays and assignments in their own words. Whenever students take an idea, or a passage from another author, they must acknowledge their debt both by using quotation marks where appropriate and by proper referencing such as footnotes or citations. Plagiarism is a major academic offence." (see Scholastic Offence Policy in the Western Academic Calendar). Plagiarism Checking: "All required papers may be subject to submission for textual similarity review to the commercial plagiarism detection software under license to the University for the detection of plagiarism. All papers submitted for such checking will be included as source documents in the reference database for the purpose of detecting plagiarism of papers subsequently submitted to the system. Use of the service is subject to the licensing agreement, currently between The University of Western Ontario and Turnitin.com ( )." Multiple-choice tests/exams: "Computer-marked multiple-choice tests and/or exams may be subject to submission for similarity review by software that will check for unusual coincidences in answer patterns that may indicate cheating." Note: Information excerpted and quoted above are Senate regulations from the Handbook of Scholarship and Academic Policy. PLAGIARISM* In writing scholarly papers, you must keep firmly in mind the need to avoid plagiarism. Plagiarism is the unacknowledged borrowing of another writer's words or ideas. Different forms of writing require different types of acknowledgement. The following rules pertain to the acknowledgements necessary in academic papers.

11 A. In using another writer's words, you must both place the words in quotation marks and acknowledge that the words are those of another writer. You are plagiarizing if you use a sequence of words, a sentence or a paragraph taken from other writers without acknowledging them to be theirs. Acknowledgement is indicated either by (1) mentioning the author and work from which the words are borrowed in the text of your paper; or by (2) placing a footnote number at the end of the quotation in your text, and including a correspondingly numbered footnote at the bottom of the page (or in a separate reference section at the end of your essay). This footnote should indicate author, title of the work, place and date of publication, and page number. Method (2) given above is usually preferable for academic essays because it provides the reader with more information about your sources and leaves your text uncluttered with parenthetical and tangential references. In either case words taken from another author must be enclosed in quotation marks or set off from your text by single spacing and indentation in such a way that they cannot be mistaken for your own words. Note that you cannot avoid indicating quotation simply by changing a word or phrase in a sentence or paragraph which is not your own. B. In adopting other writers' ideas, you must acknowledge that they are theirs. You are plagiarizing if you adopt, summarize, or paraphrase other writers' trains of argument, ideas or sequences of ideas without acknowledging their authorship according to the method of acknowledgement given in 'A' above. Since the words are your own, they need not be enclosed in quotation marks. Be certain, however, that the words you use are entirely your own; where you must use words or phrases from your source, these should be enclosed in quotation marks, as in 'A' above. Clearly, it is possible for you to formulate arguments or ideas independently of another writer who has expounded the same ideas, and whom you have not read. Where you got your ideas is the important consideration here. Do not be afraid to present an argument or idea without acknowledgement to another writer, if you have arrived at it entirely independently. Acknowledge it if you have derived it from a source outside your own thinking on the subject. In short, use of acknowledgements and, when necessary, quotation marks is necessary to distinguish clearly between what is yours and what is not. Since the rules have been explained to you, if you fail to make this distinction your instructor very likely will do so for you, and they will be forced to regard your omission as intentional literary theft. Plagiarism is a serious offence which may result in a student's receiving an 'F' in a course or, in extreme cases in their suspension from the University. *Reprinted by permission of the Department of History Adopted by the council of the Faculty of Social Science, October, 1970; approved by the Dept. of History August 13, 1991 Accessibility at Western: Please contact poliscie@uwo.ca if you require any information in plain text format, or if any other accommodation can make the course material and/or physical space accessible to you. Mental Health at Western: If you or someone you know is experiencing distress, there are several resources here at Western to assist you. Please visit for more information on these resources and on mental health.