Grants and the Theory of Power
The theoretical and empirical literature of grants economics is restated and integrated through a paradigm of power. General principles of grants economics are articulated in terms of power and opportunity sets and applied to hitherto classificatory matters. These include: gifts and tribute, positive and negative grants, explicit and implicit grants, grantee- and grantor-determined, voluntary and involuntary, private and public, and legitimate and illegitimate. Normative vis-Ã -vis positive grants economics is also interpreted in terms of the problem of power. In addition, rights definition and assignment are identified as the most fundamental or primary level of the grants economy. The final section explores the power bases and interrelations between the grant sand exchange economies.
Volume (Year): 3 (1975)
Issue (Month): 4 (October)
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