Rationalizing Capitalist Democracy: The Cold War Origins of Rational Choice Liberalism

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University of Chicago Press, Oct 15, 2003 - History - 401 pages
In Rationalizing Capitalist Democracy, S. M. Amadae tells the remarkable story of how rational choice theory rose from obscurity to become the intellectual bulwark of capitalist democracy. Amadae roots Rationalizing Capitalist Democracy in the turbulent post-World War II era, showing how rational choice theory grew out of the RAND Corporation's efforts to develop a "science" of military and policy decisionmaking. But while the first generation of rational choice theorists—William Riker, Kenneth Arrow, and James Buchanan—were committed to constructing a "scientific" approach to social science research, they were also deeply committed to defending American democracy from its Marxist critics. Amadae reveals not only how the ideological battles of the Cold War shaped their ideas but also how those ideas may today be undermining the very notion of individual liberty they were created to defend.
 

Contents

INTRODUCTION
1
PROLOGUE Schumpeter Hayek and Popper
15
Decision Technologies and Policy Science
27
CHAPTER 2 Kenneth J Arrows Social Choice and Individual Values
83
CHAPTER 3 James M Buchanan and Gordon Tullocks Public Choice Theory
133
CHAPTER 4 William H Rikers Positive Political Theory
156
CHAPTER 6 Adam Smiths System of Natural Liberty
193
CHAPTER 7 Rational Mechanics Marginalist Economics and Rational Choice
220
CHAPTER 8 Consolidating Rational Choice Liberalism 19702000
251
EPILOGUE From the Panopticon to the Prisoners Dilemma
291
NOTES
297
BIBLIOGRAPHY
347
INDEX
381
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About the author (2003)

S. M. Amadae is a research fellow in the Office for History of Science and Technology at the University of California, Berkeley.

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