So, now I've developed a way of talking about revolution as an option that can't be exercised, but that still has present value and I've set up a mechanism for saying what that present value is. Namely the value of the liquidity premium that a democracy that consents to maintaining accumulated wealth can extract for guaranteeing that the wealth continues to accumulate.
Robert Meister
A full transcript is available at www.democracyparadox.com or a short review of Justice is an Option: A Democratic Theory of Finance for the Twenty-First Century here.
Robert Meister is the author of the new book Justice is an Option: A Democratic Theory of Finance for the Twenty-First Century and a Professor of Social and Political Thought in the History of Consciousness Department at the University of California Santa Cruz.
Key Highlights Include
Key Links
Justice Is an Option: A Democratic Theory of Finance for the Twenty-First Century by Robert Meister
A Theory of Justice by John Rawls
Spheres of Justice by Michael Walzer
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Jacob Hacker and Paul Pierson on the Plutocratic Populism of the Republican Party
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