The Political Economy of Dictatorship
Although much of the world still lives today, as always, under dictatorship, the behaviour of these regimes and of their leaders often appears irrational and mysterious. In The Political Economy of Dictatorship, Ronald Wintrobe uses rational choice theory to model dictatorships: their strategies for accumulating power, the constraints on their behavior, and why they are often more popular than is commonly accepted. The book explores both the politics and the economics of dictatorships, and the interaction between them. The questions addressed include: What determines the repressiveness of a regime? Can political authoritarianism be 'good' for the economy? After the fall, who should be held responsible for crimes against human rights? The book contains many applications, including chapters on Nazi Germany, Soviet Communism, South Africa under apartheid, the ancient Roman Empire and Pinochet's Chile. It also provides a guide to the policies which should be followed by the democracies towards dictatorships.
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accumulating analysis apartheid Arendt assume authoritarian behavior budget bureaucracy central Chapter Commodus Communist competition consumption costs CPSU curve democracy democratic developed dictator dictator's dictatorship discussed economic growth economic performance effect efficiency Eichmann enforcement equilibrium ethnic capital ethnic group example exchange explain Figure firm former Soviet Union Freedom House gifts ideology inaction income increase individual influx control investments job reservation kleptocrats leaders level of repression marginal maximize military Nazi Nazi Germany networks nomenklatura organization parents percent platforms point of view political repression politicians population possible preferences problem production redistribution reform rent-seeking rents result revenue Rotten Kid Theorem sanctions Section simply South Africa South Korea Soviet system Soviet Union Stalin status quo suggested supply of loyalty tend theory timocracy timocrat tinpot tion totalitarian totalitarian regimes trade trust tyrant vertical network voters wage white capital white labor white sector Wintrobe workers