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The Political-Economic Logic of World Governance

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  • Warren Samuels

Abstract

The article identifies, neutrally, several factors together making for world governance, by whatever name. These are a desire by people to participate in the making of decisions that affect them in important ways and the growth of international political externalities. The analysis is conducted with consideration given to the nature and scope of governance, vis-a-vis government, the role and significance of international organizations, and the logic of representative democracy. The result amounts to a political equivalent to the merger solution for externalities.

Suggested Citation

  • Warren Samuels, 2001. "The Political-Economic Logic of World Governance," Review of Social Economy, Taylor & Francis Journals, vol. 59(3), pages 273-284.
    • Handle: RePEc:taf:rsocec:v:59:y:2001:i:3:p:273-284
    DOI: 10.1080/00346760110053897
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    References listed on IDEAS

    as
    1. Warren J. Samuels & Steven G. Medema & A. A. Schmid, 1997. "The Economy as a Process of Valuation," Books, Edward Elgar Publishing, number 1088, December.
    2. James M. Buchanan & Richard A. Musgrave, 1999. "Public Finance and Public Choice: Two Contrasting Visions of the State," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262024624, December.
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    Cited by:

    1. Paul Lewis, 2005. "Boettke, The Austrian School and the Reclamation of Reality in Modern Economics," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 18(1), pages 83-108, January.

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