We examine the use of proxies, shell companies, and offshore firms to defend property against seizure by private and state actors. Our theoretical framework emphasizes the role of political connections in defensive ownership. Linking information from investigative journalists on the key holdings...

Constitution-making and the political economy of self-rule in the early republic -- Clashing constitutional political economies in antebellum America -- The second founding: a brief union of three precepts -- Constitutional class struggle in the Gilded Age -- Progressive constitutional ferment...

This paper analyzes the recruitment of executive board members for German sports clubs, an issue of key interest given that volunteers play a dominant role in these sports clubs. Based on a new, micro-level data set, we examine how members of a sports club advance to become executive board...

Based on an original large-N dataset of individual Ukrainian oligarchs and qualitative evidence, this article tests competing perspectives on the political power of big capital. We find, surprisingly, that neither the assumption of direct power by the oligarchs, nor the mobility of oligarchic...

Local Control and Global Access -- Episode 1 : Dividing the Debris of the Soviet Colossus, 1987-94 -- Episode 2 : The Oligarchs Embrace Openness, 1995-98 -- Episode 3 : State Capitalism Goes Global,1999-2008 -- Coda : Financial Openness as a Mainstay of Kleptocratic Capitalism, 2009-2020 --...

This study examines the effects of oligarch ownership on corporate capital structures. Using panel data from Ukraine, I find that oligarch-owned companies employ significantly more debt and liabilities than their peers. However, there is no direct relation between oligarch ownership and target...

"The monopolistic power of companies like Walmart, Amazon, Facebook, and Google distorts and corrupts the American economy-but Thom Hartmann, America's #1 progressive radio host, shows we've broken the control of behemoths like these before, and we can do it again."

"This book describes the importance of finance and real estate for the emergence of authoritarian regimes. Through an ethnographic study of the pseudo-oligarchs, failed European businessmen, frustrated managers, and unpaid workers that populate Macedonia's construction sector, Fabio Mattioli...

We trace the rise of the so called oligarchs in post-Soviet Russia and examine their relationship to income distribution in Russia. When Russia moved to a market economy in the 1990s a new business elite evolved. Russia's distinctive path towards market economy, among other factors, gave rise to...

We trace the rise of the so called oligarchs in post-Soviet Russia and examine their relationship to income distribution in Russia. When Russia moved to a market economy in the 1990s a new business elite evolved. Russia's distinctive path towards market economy, among other factors, gave rise to...

Over the past four decades, the Philippines has achieved significant advances in its growth performance and has undergone a series of transformations in its political, economic and social structures. However, while average incomes have risen, the country’s record in terms of generating quality...

Dirk Müller ist sich sicher: Wir stehen vor der nächsten Weltwirtschaftskrise und einer gigantischen Umverteilung. Ob China, Russland, Nordkorea, Naher und Mittlerer Osten oder USA und Europa - Müller erklärt in seiner gewohnt verständlichen Art Hintergründe, Zusammenhänge und...

The rise of the super-rich in the United States during the last thirty years has rekindled concerns about oligarchic political influences. Following recent theoretical work by Winters (2011), we conceptualize oligarchy as a defense against threats to income accumulation by the super-rich. We...

The authors investigate the theoretical effects of lobbying and pressure group activities on both economic efficiency and on equity. Looking at lobbying as a political activity that takes place alongside production, they find that lobbies may generate economic inefficiency as part of the process...

From Athens to America : the two traditions -- America's middle-class constitution -- The emergence of the plutocracy -- The search for solutions --How economic inequality threatens the Republic -- The future of the middle class constitution

This paper investigates the performance of three forms of organizations: hierarchies, oiligarchies and committees. Sah and Stiglitz (1986) show that hierarchies and polyarchies differ in their information processing abilities in terns of type-1 and type-1 I errors, with 'fallible' agents making...

The provocative political thinker asks if it will be with a bang or a whimper In How Will Capitalism End? the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that capitalism is now in a critical condition. Growth is giving way to secular stagnation; inequality is...

In mancher Hinsicht ist Afrika der wohl reichste Kontinent der Welt: Ein Drittel der weltweiten Rohstoffvorkommen liegt hier unter der Erdoberfläche. Für die Mehrheit der Bevölkerung bedeutet dieser Reichtum allerdings weit mehr Fluch als Segen. Ein kriminelles Netzwerk aus zwielichtigen...

Hudsons Prognosen erregen weltweit Aufmerksamkeit: als Erster und Einziger hat er den genauen Zeitpunkt vorausgesagt, an dem die fatale Immobilienblase platzen sollte. Eindringlich analysiert er, wie die internationale Finanzwelt die Errungenschaften der klassischen Ökonomie verspielt. An...

Despite the introduction of competitive elections and decentralization, Indonesia's democracy has yet to realize its promise of good government. Public reform efforts have been paralyzed by national political controversies. Meanwhile, corruption and inefficiency remains a rampant problem across...

Despite the introduction of competitive elections and decentralization, Indonesia's democracy has yet to realize its promise of good government. Public reform efforts have been paralyzed by national political controversies. Meanwhile, corruption and inefficiency remains a rampant problem across...