Since its publication in 1978, Jay R. Mandle’s The Roots of Black Poverty has come to be seen as a landmark publication in the study of the political economy of the postbellum South. InNot Slave, Not
In researching political campaign finance, Mandle (economics, Colgate U.) discovered that though public financing for electoral campaigns is widely discussed and advocated, there was no theory underly
Because political campaigns in the United States are privately funded, America's political system is heavily biased toward the interests of wealthy campaign contributors. As a result, government policies have largely ignored the growth in income inequality caused by technological change and economic globalization. This omission has been tolerated because most Americans do not support interventionist government policies. They believe that the government serves the interests of the campaign donors rather than the public. This skepticism concerning the public sector's fairness must be overcome before effective programs to offset mounting inequality can be implemented. Though in recent years legislation to reform the financing of political campaigns has been adopted, private wealth continues to dominate the political process. Political cynicism therefore persists. A voluntary system of public funding of candidates for office is required to generate the trust in the public sector necessary
Because political campaigns in the United States are privately funded, America's political system is heavily biased toward the interests of wealthy campaign contributors. As a result, government policies have largely ignored the growth in income inequality caused by technological change and economic globalization. This omission has been tolerated because most Americans do not support interventionist government policies. They believe that the government serves the interests of the campaign donors rather than the public. This skepticism concerning the public sector's fairness must be overcome before effective programs to offset mounting inequality can be implemented. Though in recent years legislation to reform the financing of political campaigns has been adopted, private wealth continues to dominate the political process. Political cynicism therefore persists. A voluntary system of public funding of candidates for office is required to generate the trust in the public sector necessary
The argument the author presents is that globalization is associated with the economic growth necessary to alleviate poverty. Globalization therefore should be encouraged. At the same time, governments must adopt policies that address the needs of those who are victimized by the dislocations caused by the process. The book responds to the opponents by emphasizing globalization's potential to alleviate poverty, but at the same time is critical of those who defend globalization without acknowledging the costs it imposes on innocent victims. In addressing the activist opponents of the process, the author maintains that they should not reject the global integration of world markets because of a concern for justice. Instead activists can advance the interests of the world's poor by mounting political movements to advance international agreements to stabilize the world economy and ensure labor rights.
