Political Bubbles

Political Bubbles
Author: Nolan McCarty
Publisher: Princeton University Press
Total Pages: 368
Release: 2013-05-26
Genre: Political Science
ISBN: 0691145016

How governmental failure led to the 2008 financial crisis—and what needs to be done to avoid another similar event Behind every financial crisis lurks a "political bubble"—policy biases that foster market behaviors leading to financial instability. Rather than tilting against risky behavior, political bubbles—arising from a potent combination of beliefs, institutions, and interests—aid, abet, and amplify risk. Demonstrating how political bubbles helped create the real estate-generated financial bubble and the 2008 financial crisis, this book argues that similar government oversights in the aftermath of the crisis undermined Washington's response to the "popped" financial bubble, and shows how such patterns have occurred repeatedly throughout US history. The authors show that just as financial bubbles are an unfortunate mix of mistaken beliefs, market imperfections, and greed, political bubbles are the product of rigid ideologies, unresponsive and ineffective government institutions, and special interests. Financial market innovations—including adjustable-rate mortgages, mortgage-backed securities, and credit default swaps—become subject to legislated leniency and regulatory failure, increasing hazardous practices. The authors shed important light on the politics that blinds regulators to the economic weaknesses that create the conditions for economic bubbles and recommend simple, focused rules that should help avoid such crises in the future. The first full accounting of how politics produces financial ruptures, Political Bubbles offers timely lessons that all sectors would do well to heed.

Are Filter Bubbles Real?

Are Filter Bubbles Real?
Author: Axel Bruns
Publisher: John Wiley & Sons
Total Pages: 83
Release: 2019-08-27
Genre: Language Arts & Disciplines
ISBN: 1509536469

There has been much concern over the impact of partisan echo chambers and filter bubbles on public debate. Is this concern justified, or is it distracting us from more serious issues? Axel Bruns argues that the influence of echo chambers and filter bubbles has been severely overstated, and results from a broader moral panic about the role of online and social media in society. Our focus on these concepts, and the widespread tendency to blame platforms and their algorithms for political disruptions, obscure far more serious issues pertaining to the rise of populism and hyperpolarisation in democracies. Evaluating the evidence for and against echo chambers and filter bubbles, Bruns offers a persuasive argument for why we should shift our focus to more important problems. This timely book is essential reading for students and scholars, as well as anyone concerned about challenges to public debate and the democratic process.

Bag Man

Bag Man
Author: Rachel Maddow
Publisher: Crown
Total Pages: 304
Release: 2022-04-05
Genre:
ISBN: 9780593443552

NEW YORK TIMES BESTSELLER * The knockdown, drag-out, untold story of the other scandal that rocked Nixon's White House, and reset the rules for crooked presidents to come--with new reporting that expands on Rachel Maddow's Peabody Award-nominated podcast "Both a thriller and a history book, Bag Man is a triumph of storytelling."--Preet Bharara, New York Times bestselling author of Doing Justice and host of the podcast Stay Tuned with Preet Is it possible for a sitting vice president to direct a vast criminal enterprise within the halls of the White House? To have one of the most brazen corruption scandals in American history play out while nobody's paying attention? And for that scandal to be all but forgotten decades later? The year was 1973, and Spiro T. Agnew, the former governor of Maryland, was Richard Nixon's second-in-command. Long on firebrand rhetoric and short on political experience, Agnew had carried out a bribery and extortion ring in office for years, when--at the height of Watergate--three young federal prosecutors discovered his crimes and launched a mission to take him down before it was too late, before Nixon's impending downfall elevated Agnew to the presidency. The self-described "counterpuncher" vice president did everything he could to bury their investigation: dismissing it as a "witch hunt," riling up his partisan base, making the press the enemy, and, with a crumbling circle of loyalists, scheming to obstruct justice in order to survive. In this blockbuster account, Rachel Maddow and Michael Yarvitz detail the investigation that exposed Agnew's crimes, the attempts at a cover-up--which involved future president George H. W. Bush--and the backroom bargain that forced Agnew's resignation but also spared him years in federal prison. Based on the award-winning hit podcast, Bag Man expands and deepens the story of Spiro Agnew's scandal and its lasting influence on our politics, our media, and our understanding of what it takes to confront a criminal in the White House.

Digital, Political, Radical

Digital, Political, Radical
Author: Natalie Fenton
Publisher: John Wiley & Sons
Total Pages: 232
Release: 2016-09-26
Genre: Social Science
ISBN: 1509511709

Digital, Political, Radical is a siren call to the field of media and communications and the study of social and political movements. We must put the politics of transformation at the very heart of our analyses to meet the global challenges of gross inequality and ever-more impoverished democracies. Fenton makes an impassioned plea for re-invigorating critical research on digital media such that it can be explanatory, practical and normative. She dares us to be politically emboldened. She urges us to seek out an emancipatory politics that aims to deepen our democratic horizons. To ask: how can we do democracy better? What are the conditions required to live together well? Then, what is the role of the media and how can we reclaim media, power and politics for progressive ends? Journeying through a range of protest and political movements, Fenton debunks myths of digital media along the way and points us in the direction of newly emergent politics of the Left. Digital, Political, Radical contributes to political debate on contemporary (re)configurations of radical progressive politics through a consideration of how we experience (counter) politics in the digital age and how this may influence our being political.

Outside the Bubble

Outside the Bubble
Author: Cristian Vaccari
Publisher: Oxford University Press
Total Pages: 305
Release: 2021
Genre: Political Science
ISBN: 0190858478

Drawing on an original study of internet users across nine Western democracies, Outside the Bubble offers an unprecedented look at the effects of social media on democratic participation. The book reveals that, for most users, social media do not constitute echo chambers where people only hear what they want to hear. Instead, these platforms facilitate accidental encounters with news and exposure to electoral mobilization. While social media may contributeto many societal problems, they can help address at least two important democratic ills: citizens' apathy towards politics, and inequalities between those who choose to exercise their voice and those who remain silent.

Decolonizing Politics

Decolonizing Politics
Author: Robbie Shilliam
Publisher: John Wiley & Sons
Total Pages: 118
Release: 2021-02-18
Genre: Philosophy
ISBN: 1509539409

Political science emerged as a response to the challenges of imperial administration and the demands of colonial rule. While not all political scientists were colonial cheerleaders, their thinking was nevertheless framed by colonial assumptions that influence the study of politics to this day. This book offers students a lens through which to decolonize the main themes and issues of political science - from human nature, rights, and citizenship, to development and global justice. Not content with revealing the colonial legacies that still inform the discipline, the book also introduces students to a wide range of intellectual resources from the (post)colonial world that will help them think through the same themes and issues more expansively. Decolonizing Politics is a much-needed critical guide for students of political science. It shifts the study of political science from the centers of power to its margins, where the majority of humanity lives. Ultimately, the book argues that those who occupy the margins are not powerless. Rather, marginal positions might afford a deeper understanding of politics than can be provided by mainstream approaches.​

Republican Like Me

Republican Like Me
Author: Ken Stern
Publisher: HarperCollins
Total Pages: 261
Release: 2017-10-24
Genre: Political Science
ISBN: 0062460862

In this controversial National Bestseller, the former CEO of NPR sets out for conservative America wondering why these people are so wrong about everything. It turns out, they aren’t. Ken Stern watched the increasing polarization of our country with growing concern. As a longtime partisan Democrat himself, he felt forced to acknowledge that his own views were too parochial, too absent of any exposure to the “other side.” In fact, his urban neighborhood is so liberal, he couldn’t find a single Republican--even by asking around. So for one year, he crossed the aisle to spend time listening, talking, and praying with Republicans of all stripes. With his mind open and his dial tuned to the right, he went to evangelical churches, shot a hog in Texas, stood in pit row at a NASCAR race, hung out at Tea Party meetings and sat in on Steve Bannon’s radio show. He also read up on conservative wonkery and consulted with the smartest people the right has to offer. What happens when a liberal sets out to look at issues from a conservative perspective? Some of his dearly cherished assumptions about the right slipped away. Republican Like Me reveals what lead him to change his mind, and his view of an increasingly polarized America.

Abortion Politics

Abortion Politics
Author: Ziad Munson
Publisher: John Wiley & Sons
Total Pages: 140
Release: 2018-05-21
Genre: Social Science
ISBN: 0745688829

Abortion has remained one of the most volatile and polarizing issues in the United States for over four decades. Americans are more divided today than ever over abortion, and this debate colors the political, economic, and social dynamics of the country. This book provides a balanced, clear-eyed overview of the abortion debate, including the perspectives of both the pro-life and pro-choice movements. It covers the history of the debate from colonial times to the present, the mobilization of mass movements around the issue, the ways it is understood by ordinary Americans, the impact it has had on US political development, and the differences between the abortion conflict in the US and the rest of the world. Throughout these discussions, Ziad Munson demonstrates how the meaning of abortion has shifted to reflect the changing anxieties and cultural divides which it has come to represent. Abortion Politics is an invaluable companion for exploring the abortion issue and what it has to say about American society, as well as the dramatic changes in public understanding of women’s rights, medicine, religion, and partisanship.

Affluence and Freedom

Affluence and Freedom
Author: Pierre Charbonnier
Publisher: John Wiley & Sons
Total Pages: 328
Release: 2021-06-22
Genre: Philosophy
ISBN: 1509543732

In this pathbreaking book, Pierre Charbonnier opens up a new intellectual terrain: an environmental history of political ideas. His aim is not to locate the seeds of ecological thought in the history of political ideas as others have done, but rather to show that all political ideas, whether or not they endorse ecological ideals, are informed by a certain conception of our relationship to the Earth and to our environment. The fundamental political categories of modernity were founded on the idea that we could improve on nature, that we could exert a decisive victory over its excesses and claim unlimited access to earthly resources. In this way, modern thinkers imagined a political society of free individuals, equal and prosperous, alongside the development of industry geared towards progress and liberated from the Earth’s shackles. Yet this pact between democracy and growth has now been called into question by climate change and the environmental crisis. It is therefore our duty today to rethink political emancipation, bearing in mind that this can no longer draw on the prospect of infinite growth promised by industrial capitalism. Ecology must draw on the power harnessed by nineteenth-century socialism to respond to the massive impact of industrialization, but it must also rethink the imperative to offer protection to society by taking account of the solidarity of social groups and their conditions in a world transformed by climate change. This timely and original work of social and political theory will be of interest to a wide readership in politics, sociology, environmental studies and the social sciences and humanities generally.

Boom and Bust

Boom and Bust
Author: William Quinn
Publisher: Cambridge University Press
Total Pages: 297
Release: 2020-08-06
Genre: Business & Economics
ISBN: 1108369359

Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have actually benefited society. They reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks.