Rationalizing Capitalist Democracy: Cold War Origins of Rational Choice Liberalism

Chicago, IL, USA: University of Chicago Press (2003)
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Abstract

This book discusses how rational choice theory grew out of RAND's work for the US Air Force. It concentrates on the work of William J. Riker, Kenneth J. Arrow, James M. Buchanan, Russel Hardin, and John Rawls. It argues that within the context of the US Cold War with its intensive anti-communist and anti-collectivist sentiment, the foundations of capitalist democracy were grounded in the hyper individualist theory of non-cooperative games.

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Author's Profile

S. M. Amadae
Massachusetts Institute of Technology

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