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Money In the House
by Marian CurrinderMoney in the House provides a compelling look at how the drive to raise campaign money has come to dominate congressional party politics. Author Marian Currinder examines the rise of member-to-member and member-to-party giving as part of a broader process that encourages ambitious House members to compete for power by raising money for the party and its candidates. As the margin between parties in the House has narrowed, the political environment has become fiercely competitive. Because electoral success is largely equated with fundraising success, the party that raises the most money is at a distinct advantage. In addition to relying on outside interests and individuals for campaign contributions, the congressional parties increasingly call on their own members to give for the good of the whole. As a result, lawmakers must devote ever-increasing amounts of time to fundraising. The fundraising expectations for members who wish to advance in the chamber are even higher. By requiring their members to raise and redistribute tremendous amounts of money in order to gain power in the chamber, the parties benefit from their members' ambitious pursuits. Currinder argues that the new "rule of money" is fundamentally altering the way House members pursue power and the way congressional parties define and reward loyalty. Contents1. Introduction: Redistributing Campaign Funds and Congressional Party Politics 2. Pursuing Ambition in a Parties Framework 3. The 1970s Reform Era: The Money Chase Begins 4. The 1980s: New Directions in Campaign Funding 5. A Republican Revolution in Politics and Money 6. Redistributing Campaign Money in a New Era
Money In the House
by Marian CurrinderMoney in the House provides a compelling look at how the drive to raise campaign money has come to dominate congressional party politics. Author Marian Currinder examines the rise of member-to-member and member-to-party giving as part of a broader process that encourages ambitious House members to compete for power by raising money for the party and its candidates. As the margin between parties in the House has narrowed, the political environment has become fiercely competitive. Because electoral success is largely equated with fundraising success, the party that raises the most money is at a distinct advantage. In addition to relying on outside interests and individuals for campaign contributions, the congressional parties increasingly call on their own members to give for the good of the whole. As a result, lawmakers must devote ever-increasing amounts of time to fundraising. The fundraising expectations for members who wish to advance in the chamber are even higher. By requiring their members to raise and redistribute tremendous amounts of money in order to gain power in the chamber, the parties benefit from their members' ambitious pursuits. Currinder argues that the new "rule of money" is fundamentally altering the way House members pursue power and the way congressional parties define and reward loyalty. Contents1. Introduction: Redistributing Campaign Funds and Congressional Party Politics 2. Pursuing Ambition in a Parties Framework 3. The 1970s Reform Era: The Money Chase Begins 4. The 1980s: New Directions in Campaign Funding 5. A Republican Revolution in Politics and Money 6. Redistributing Campaign Money in a New Era
Money In the House: Campaign Funds and Congressional Party Politics
by Marian CurrinderMoney in the House provides a compelling look at how the drive to raise campaign money has come to dominate congressional party politics. Author Marian Currinder examines the rise of member-to-member and member-to-party giving as part of a broader process that encourages ambitious House members to compete for power by raising money for the party and its candidates. As the margin between parties in the House has narrowed, the political environment has become fiercely competitive. Because electoral success is largely equated with fundraising success, the party that raises the most money is at a distinct advantage. In addition to relying on outside interests and individuals for campaign contributions, the congressional parties increasingly call on their own members to give for the good of the whole. As a result, lawmakers must devote ever-increasing amounts of time to fundraising. The fundraising expectations for members who wish to advance in the chamber are even higher. By requiring their members to raise and redistribute tremendous amounts of money in order to gain power in the chamber, the parties benefit from their members' ambitious pursuits. Currinder argues that the new 'rule of money' is fundamentally altering the way House members pursue power and the way congressional parties define and reward loyalty.
Money Matters in Migration: Policy, Participation, and Citizenship
by Willem Maas Tesseltje De Lange Annette SchrauwenMigration, participation, and citizenship, are central political and social concerns, are deeply affected by money. The role of money - tangible, intangible, conceptual, and as a policy tool - is understudied, overlooked, and analytically underdeveloped. For sending and receiving societies, migrants, their families, employers, NGOs, or private institutions, money defines the border, inclusion or exclusion, opportunity structures, and equality or the lack thereof. Through the analytical lens of money, the chapters in this book expose hidden and sometimes contradictory policy objectives, unwanted consequences, and inconsistent regulatory structures. The authors from a range of fields provide multiple perspectives on how money shapes decisions from all actors in migration trajectories, from micro to macro level. Taking an interdisciplinary approach, the book draws on case studies from Europe, the Americas, Asia, and Africa. This comprehensive overview brings to light the deep global impacts money has on migration and citizenship.
Money Men: Australia's Twelve Most Notable Treasurers
by Chris BowenHow much do we know about the second most important office in the nation? Who was Australia's first treasurer? Who resigned because of a relationship breakdown with the PM? And who did Frank Hardy base his character Ted Thurgood in Power without Glory on? The Money Men is the first in-depth look at the twelve most notable and interesting men to have held the office of Treasurer of Australia. Former Treasurer Chris Bowen brings a unique insider perspective to the lessons learned from the successes and failures of those who went before him. Who does Chris Bowen think has been Australia's most exceptional Treasurer? With revealing interviews of the five last treasurers, The Money Men dares to answer that question.
Money Power and Financial Capital in Emerging Markets: Facing the Liquidity Tsunami (RIPE Series in Global Political Economy)
by Ilias AlamiThis book provides a comprehensive investigation of the messy and crisis-ridden relationship between the operations of capitalist finance, global capital flows, and state power in emerging markets. The politics, drivers of emergence, and diversity of these myriad forms of state power are explored in light of the positionality of emerging markets within the network of space and power relations that characterises contemporary global finance. The book develops a multi-disciplinary perspective and combines insights from Marxist political economy, post-Keynesian economics, economic geography, and postcolonial and feminist International Political Economy. Alami comprehensively reviews the theories, histories, and geographies of cross-border finance management, and develops a conceptual framework which allows unpacking the complex entanglement of constraint and opportunities, of growing integration and tight discipline, that cross-border finance represents for emerging markets. Extensive fieldwork research provides an in-depth comparative critical interrogation of the policies and regulations deployed in Brazil and South Africa. This volume will be especially useful to those researching and working in the areas of international political economy, contemporary geographies of money and finance, and critical development studies. It should also prove of interest to policy makers, practitioners, and activists concerned with the relation between finance and development in emerging markets and beyond.
Money Rules: Financing Elections in America (Dilemmas in American Politics)
by Anthony GierzynskiThe role of money in the U.S. electoral process has become more and more controversial in recent years. Following the Buckley ruling and other legislation in 1996, candidates and political parties are free to raise virtually unlimited “soft” money, making money perhaps the most significant factor in a campaign's success. In Money Rules , Anthony Gierzynski theorizes that, under our current system of financing elections, our political process has tilted too far in favor of political freedom , at the expense of political equality . Gierzynski examines the historical roots of the campaign finance dilemma, demonstrates its effects on the local, state, and national levels, and projects the long-term outcomes for American politics.
Money Rules: Parties, Oligarchs and Funding Regulation in Post-Soviet Countries (Routledge Studies on Political Parties and Party Systems)
by Fernando Casal Bértoa Levan TsutskiridzeThis book provides a comprehensive overview of the regulation of party finance in post-Soviet countries by leading academics and practitioners in the field.Through a series of cutting-edge chapters, using both original quantitative and qualitative data, it systematically sheds theoretical and empirical light on the way party funding regulation has evolved since the fall of the Soviet Union in 1991, as well as on the manner in which the legal regulation of party finances has had an impact (or not) on the evolution of party politics and democratic consolidation in the region. The book examines regulation in post-Soviet countries like Armenia, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Mongolia, Russia and Ukraine. In analysing the various dimensions of party funding regulation and their impact on political parties, party systems and democracy, it looks at the past and future, and makes recommendations on how legislation could be improved in order to further party development, party system stabilisation and democratic consolidation for all the countries in the region.This book will be of key interest to scholars, students, practitioners and journalists interested in political party finance and anti-corruption, and more broadly to political parties, democracy and democratic governance, and post-Soviet/Russian and East European politics.
Money Talks: Alan Greenspan's Free Market Rhetoric and the Tragic Legacy of Reaganomics (Palgrave Studies In The History Of Economic Thought Ser.)
by Jennifer Adams Kevin Howley Geoffrey D. KlingerThis book explores the American freemarket economy, espoused by Alan Greenspan, the longtime chairman of the Federal Reserve, through decoding the discourse of economics. Combining an analysis of both economics and language, the legacy of Reaganomics is examined in relation to economic inequality, fiscal policy, public discourse, and the moral economy. How notions of easy money, conspicuous consumption, and unlimited economic growth were harnessed to justify the Free Market revolution is also discussed.This book aims to highlight the drivers of modern inequality and economic distress. It will be relevant to students and researchers interested in the history of economic thought and economic discourse.
Money Talks: Speech, Economic Power, and the Values of Democracy
by Martin H. RedishMany have argued that soft money and special interests are destroying the American electoral system. And yet the clarion call for campaign finance reform only touches on the more general belief that money and economic power have a disastrous impact on both free expression and American democracy. The nation's primary sources of communication, the argument goes, are increasingly controlled by vast corporate empires whose primary, or even exclusive motive is the maximization of profit. And these conglomerates should simply not be granted the same constitutional protection as, say, an individual protester. And yet neither the expenditure of money for expressive purposes nor an underlying motive of profit maximization detracts from the values fostered by such activity, claims Martin H. Redish. In fact, given the modern economic realities that dictate that effective expression virtually requires the expenditure of capital, any restriction of such capital for expressive purposes will necessarily reduce the sum total of available expression. Further, Redish here illustrates, the underlying motive of those who wish to restrict corporate expression is disagreement with the nature of the views they express. Confronting head-on one of the sacred cows of American reformist politics, Martin H. Redish here once again lives up to his reputation as one of America's most original and counterintuitive legal minds.
Money Wanders: A Novel (A PR Crisis Management Mystery)
by Eric DezenhallMoney Wanders from author Eric Dezenhall is a wild and uproarious tour of spin and media manipulation from the lobbied halls of Congress to the dilapidated boardwalk of Atlantic City.Jonah Eastman, disgraced Presidential pollster, is summoned home to Atlantic City by his ailing grandfather Mickey Price--a legendary Atlantic City gangster and owner of the Golden Prospect casino. When Mickey dies, Jonah is "persuaded" by mob boss Mario Vanni to help improve his image by launching a misinformation campaign aimed at gaining public acceptance and ultimately a way "outta the life."So Jonah goes to war through a comical and audacious manipulation of the media which includes online rumoring, exploiting romantic myths of the mob, and orchestrating a union-backed pseudo-vigil after Vanni is arrested. To pull off these stunts, he enlists the help of his grandfather's Prohibition-era cronies, pimply-faced hackers, a disgruntled Secret Service agent, a cagey Washington lobbyist, a slick Philadelphia publicist, and a street-fighting rabbi.
Money Well Spent?: The Truth Behind the Trillion-Dollar Stimulus, the Biggest Economic Recovery Plan in History
by Michael GrabellThe 2012 presidential campaign will, above all else, be a referendum on the Obama administrationOCOs handling of the financial crisis, recalling the period when ObamaOCOs ?audacity of hopeOCO met the austerity of reality. Central to this is the OCOOCOAmerican Recovery and Reinvestment Act of 2009OCOOCO?the largest economic recovery plan in American history. Senator Mitch McConnell gave a taste of the enormity of the money committed: if you had spent $1 million a day since Jesus was born, it still would not add up to the price tag of the stimulus package. A nearly entirely partisan piece of legislation? Democrats voted for it, Republicans against? the story of how the bill was passed and, more importantly, how the money was spent and to what effect, is known barely at all. Stepping outside the political fray, ProPublicaOCOs Michael Grabell offers a perceptive, balanced, and dramatic story of what happened to the tax payersOCO money, pursuing the big question through behind-the-scenes interviews and on-the-ground reporting in more than a dozen states across the country.
Money and Banks in the American Political System
by Kathryn C. LavelleIn Money and Banks in the American Political System, debates over financial politics are woven into the political fabric of the state and contemporary conceptions of the American dream. The author argues that the political sources of instability in finance derive from the nexus between market innovation and regulatory arbitrage. This book explores monetary, fiscal, and regulatory policies within a political culture characterized by the separation of business and state, and mistrust of the concentration of power in any one political or economic institution. The bureaucratic arrangements among the branches of government, the Federal Reserve, executive agencies, and government sponsored enterprises incentivize agencies to compete for budgets, resources, governing authority, and personnel.
Money and Debt: The Public Role of Banks (Research for Policy)
by Arthur van Riel Bart Stellinga Josta de Hoog Casper de VriesThis Open Access book from the Netherlands Scientific Council for Government Policy explains how money creation and banking works, describes the main problems of the current monetary and financial system and discusses several reform options. This book systematically evaluates proposals for fundamental monetary reform, including ideas to separate money and credit by breaking up banks, introducing a central bank digital currency, and introducing public payment banks. By drawing on these plans, the authors suggest several concrete reforms to the current banking system with the aim to ensure that the monetary system remains stable, contributes to the Dutch economy, fairly distributes benefits, costs and risks, and enjoys public legitimacy. This systematic approach, and the accessible way in which the book is written, allows specialized and non-specialised readers to understand the intricacies of money, banking, monetary reform and financial innovation, far beyond the Dutch context.
Money and Electoral Politics: Local Parties and Funding at General Elections
by Ron Johnston Charles PattiePolitical parties are crucial to British democracy, providing the foundations for mobilising voters. Their constituency branches are key links between voters and Parliamentary candidates and their activities require two vital resources – people and money. Much has been written on the decline of party membership but far less on money. In this much-needed new book, Ron Johnston and Charles Pattie use the latest research and hitherto unpublished material to explore financial differences across the UK’s three main parties in the four years leading up to the 2010 General Election. They look at how much local parties raise for election campaigns and find that the more money candidates spend then, the better their performance. Analyses of their annual accounts, however, show that many local parties are unable to raise all of the money that they are entitled to spend on such campaigns. This reveals an unhealthy picture of grassroots party organisation in which the capacity to engage effectively with many voters is concentrated in a relatively small number of constituencies and is likely to remain so. This timely and essential book will make a major contribution to the literature on British elections and parties, especially to continuing debates regarding party funding. It will make important reading for academics, students, politicians, civil servants and others interested in this topic.
Money and Government: The Past and Future of Economics
by Robert SkidelskyA critical examination of economics' past and future, and how it needs to change, by one of the most eminent political economists of our time The dominant view in economics is that money and government should play only minor roles in economic life. Economic outcomes, it is claimed, are best left to the "invisible hand" of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy. Since Adam Smith, classical economics has espoused non-intervention in markets. The Great Depression brought Keynesian economics to the fore; but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes’s central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve.
Money and Politics: Financing Our Elections Democratically
by David Donnelly Janice Fine Ellen S. MillerWhy we need true reform and how it can finally be achieved. "American politics has become an arms race, with money doing the work of missiles. One side escalates and the other follows suit. As the spiral grows it is undermining the soul of democracy. But here's the good news: the majority of Americans want a new system of campaign finance. Every time voters have had a chance to choose a different way, they have spoken loud and clear. Clean money initiatives are proving the citizens' response to the corruption that has turned our elections into auctions. This book is the blueprint to returning democracy to politics." --Bill Moyers As we approach our next presidential election, few issues loom larger than campaign finance reform. While the Senate has agreed to vote on a sweeping bill for reform at the federal level, state voters have passed, or are about to vote on, ballots that limit the amount of private money flooding into campaign war chests. Money and Politics argues that only the full public funding of elections, as enacted with the adoption in Maine of the Clean Elections Act, can solve our campaign financing crisis. Their evaluation of its pros and cons is particularly timely as parts of the Maine option are being considered in competing congressional reform bills. Many of the contributors to this volume have worked closely on campaign finance reform, including Senator Russell Feingold, coauthor of the landmark McCain-Feingold Act. Persuasive, accessible, and controversial, this book makes an important contribution to our debate about the most democratic way to elect the politicians who represent us. NEW DEMOCRACY FORUM is a series of short paperback original books exploring creative solutions to our most urgent national concerns. The series editors (for Boston Review), Joshua Cohen and Joel Rogers, aim to foster politically engaged, intellectually honest, and morally serious debate.
Money and Power: The World Leaders Who Changed Economics
by Vince CableThrough economics, our politicians have the power to transform people's lives for better or worse. Think Deng Xiaoping who lifted millions out of poverty by opening up China; Franklin D Roosevelt whose 'New Deal' helped the USA break free of the Great Depression. Or Peron and his successors in Argentina who brought the country to the brink of ruin.In this magisterial history, economist and politician Vince Cable examines the legacy of 16 world leaders who transformed their countries' economic fortunes and who also challenged economic convention. From Thatcher to Trump, from Lenin to Bismarck, Money and Power provides a whole new perspective on the science of government. Examining the fascinating interplay of economics and politics, this is a compelling journey through some of the most significant people and events of the last 300 years.
Money and the Corrosion of Power in Thucydides: The Sicilian Expedition and Its Aftermath
by Lisa KalletWealth and power are themes that preoccupy much of Greek literature from Homer on, and this book unravels the significance of these subjects in one of the most famous pieces of narrative writing from classical antiquity. Lisa Kallet brilliantly reshapes our literary and historical understanding of Thucydides' account of the disastrous Sicilian expedition of 415–413 b.c., a pivotal event in the Peloponnesian War. She shows that the second half of Thucydides' History contains a damning critique of Athens and its leaders for becoming corrupted by money and for failing to appropriately use their financial strength on military power. Focusing especially on the narrative techniques Thucydides used to build his argument, Kallet gives a close examination of the subjects of wealth and power in this account of naval war and its aftermath and locates Thucydides' writings on these themes within a broad intellectual context. Among other topics, Kallet discusses Thucydides' use of metaphor, his numerous intertextual references to Herodotus and Homer, and thematic links he makes among the topics of money, emotion, and sight. Overall, she shows that the subject of money constitutes a continuous thematic thread in books six through eight of the History. In addition, this book takes a fresh look at familiar epigraphic evidence. Kallet's ability to combine sophisticated literary analysis with a firm grasp of Attic inscriptions sheds new light on an important work of antiquity and provides a model example of how to unravel a dense historical text to reveal its underlying literary principles of construction.
Money at the Margins: Global Perspectives on Technology, Financial Inclusion, and Design (The Human Economy #6)
by Bill Maurer Smoki Musaraj Ivan SmallMobile money, e-commerce, cash cards, retail credit cards, and more—as new monetary technologies become increasingly available, the global South has cautiously embraced these mediums as a potential solution to the issue of financial inclusion. How, if at all, do new forms of dematerialized money impact people’s everyday financial lives? In what way do technologies interact with financial repertoires and other socio-cultural institutions? How do these technologies of financial inclusion shape the global politics and geographies of difference and inequality? These questions are at the heart of Money at the Margins, a groundbreaking exploration of the uses and socio-cultural impact of new forms of money and financial services.
Money for Beginners: An Illustrated Guide
by L. Randall WrayMoney is mysterious. We love it, we hate it, but few people can tell you what the heck it really is. Wouldn’t it be good to get out of the fog? This book will help you understand both the way money works and how to leverage its power. The authors take you on an illuminating journey from your piggy bank to the Federal Reserve with no pesky jargon or complex math. Once you see money clearly, life will never be the same. You’ll know what really goes on in banks and what the cash in your wallet represents. You’ll know how government really spends and why it can’t run out of money. You’ll know what money can actually do — and how we can make it work for us.
Money for Votes: The Causes and Consequences of Electoral Clientelism in Africa
by Eric KramonPoliticians distribute money to voters during campaigns in many low-income democracies. Many observers call this practice 'vote buying'. Money for Votes develops an alternative theory of electoral clientelism that emphasizes the role of monetary handouts in conveying information to voters, helping politicians enhance the credibility of their promises to deliver development resources and particularistic benefits to their constituents. Supported by interviews, experiments, and surveys in Kenya, and additional evidence from qualitative and survey data from elsewhere in Africa, the study tests the implications of this argument, and traces the consequences of electoral clientelism for voter behaviour, ethnic politics, public goods provision, and democratic accountability. Ultimately, the book suggests that the relationship of electoral clientelism to the quality of democracy is far more nuanced than our instincts might suggest.
Money from the Government in Latin America: Conditional Cash Transfer Programs and Rural Lives (Routledge Studies in Latin American Development)
by Martin Fotta Maria Elisa BalenIt has been almost two decades since conditional cash transfer programs first appeared on the agendas of multilateral agencies and politicians. Latin America has often been used as a testing ground for these programs, which consist of transfers of money to subsections of the population upon meeting certain conditions, such as sending their children to school or having them vaccinated. Money from the Government in Latin America takes a comparative view of the effects of this regular transfer of money, which comes with obligations, on rural communities. Drawing on a variety of data, taken from different disciplinary perspectives, these chapters help to build an understanding of the place of conditional cash transfer programsin rural families and households, in individuals’ aspirations and visions, in communities’ relationships to urban areas, and in the overall character of these rural societies. With case studies from Chile, Mexico, Peru, Brazil and Colombia, this book will interest scholars and researchers of Latin American anthropology, sociology, development, economics and politics.
Money in Politics: Self-enrichment, Campaign Spending, And Golden Parachutes
by Simon WeschleIn politics, money is often the name of the game. Politicians enrich themselves while in office, spend campaign money to finance their re-election, and accept lucrative 'golden parachute' jobs after leaving office. Money in Politics argues that these different forms of capital are part of a common system and should be analyzed in a single framework. The book advances a comparative theory that shows how self-enrichment, campaign spending, and golden parachute jobs are connected to each other. This theory explains when and how money enters politics, ultimately illuminating that a change in one form affects the other types and revealing the consequences this has for democracy. The book uses a wide range of evidence from countries around the world, including causally identified quantitative studies, qualitative cross-national comparisons, and original survey experiments. Enlightening and instructive, this book shows that we can only fully comprehend the role of money in politics when we view it as a common system to be analyzed and critiqued.
Money in the Bank: Lessons Learned from Past Counterinsurgency (COIN) Operations
by Peter Chalk Angel Rabasa Ivan Khilko Lesley Anne Warner Paraag ShuklaSix historic counterinsurgency (COIN) operations are examined to determine which tactics, techniques, and procedures led to success and which to failure. The Philippines, Algeria, Vietnam, El Salvador, Jammu and Kashmir, and Colombia were chosen for their varied characteristics relating to geography, historical era, outcome, type of insurgency faced, and level of U.S. involvement. Future U.S. COIN operations can learn from these past lessons.