The Driving Force Of The Collective

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    The Driving Force of the Collective
    Post-Austrian Theory in Response to Israel Kirzner
    By: Guinevere Liberty Nell
    Publisher:
    Palgrave Macmillan
    Print ISBN: 9781137473561, 1137473568
    eText ISBN: 9781137468390, 1137468394
    Copyright year: 2017
    Format: PDF
    Available from $ 149.00 USD
    SKU 9781137468390
    This book investigates why Austrian economists fail to apply the spontaneous order framework to cooperative relationships – such as a dynamic and evolving public sector – that might complement a thriving market. In direct response to Israel Kirzner's The Driving Force of the Market, Nell challenges traditional Austrian economics by proposing democratic process theory as a parallel to market process theory, highlighting the possibilities for an economic organization that harnesses the power of transparent and effective democracy. Keeping in mind the central problems experienced in socialist and capitalist countries due to self-interested political and economic actors, The Driving Force of the Collective highlights the public sector advantages of allowing culture and institutions to evolve endogenously as a spontaneous public sector order.
     

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