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The book explores the intricate dynamics between social capital, market participation, and democratic governance. It posits that engaging in markets can strengthen social capital, while democratic processes might weaken it by allowing special interest groups to engage in divisive rent-seeking behaviors. This examination sheds light on the dual impact of market and political participation on societal cohesion and trust.
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Rescuing Social Capital from Social Democracy, John Meadowcroft, Mark Pennington
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- Released
- 2007
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- (Paperback)
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