Das erste Opfer der Krise ist die Demokratie: Wirtschaftspolitik und ihre Legitimation in der Finanzkrise 2008-2013
- Severe economic and financial market crises exacerbate collective action problems and thus trigger challenges to legitimacy in democracies. The article presents a typology of decision-making modes in economic policy-making in normal times and crisis times. It shows that problems of time-inconsistency in combination with high uncertainty over re-distributive implications lead to an “ad-hoc-technocratization” of economic policy-making. The separation of decision-taking from input-based legitimacy-procedures is relevant for scholars of democracy because the redistributive implications of crisis policies are high. The “democratic deficit” of crisis policies is thus not a symptom of “Post-Democracy” but of the specific context arising in an economic crisis.
MetadatenDocument Type: | Article |
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Language: | German |
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Author(s): | Henrik Enderlein |
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Parent Title (German): | PVS: Politische Vierteljahresschrift |
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ISSN: | 0032-3470 |
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Publisher: | Nomos |
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Place of Publisher: | Baden-Baden |
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Publication year: | 2013 |
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First Page: | 714 |
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Last Page: | 739 |
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DOI: | https://doi.org/10.5771/0032-3470-2013-4-714 |
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Release Date: | 2015/06/10 |
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Tag: | Demokratie; Finanzmarktkrise; Legitimation; Politische Ökonomie; Wirtschaftspolitik |
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Volume: | 54 |
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Issue: | 4 |
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Licence of document (German): | Metadaten / metadata |
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