Insights from a Theory of Entangled Political Economy
New Thinking in Political Economy series
Chapter 5: Reason, sentiment, and electoral competition
This chapter starts by explaining that a universal feature of competition is its selection for excellence among competitors. This is a purely formal attribute of competition. Just what qualities are actually selected through competition depends on the contexts of competition, which are myriad in number. One can, for instance, be an excellent swimmer without being a terrific diver. Most of this chapter explains how democratic political processes select for different qualities than competitive processes organized through free and open markets.
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