UCL Discovery
UCL home » Library Services » Electronic resources » UCL Discovery

A Fair Governance: On Inequality, Power and Democracy

Barucca, P; (2020) A Fair Governance: On Inequality, Power and Democracy. Topoi 10.1007/s11245-020-09697-z. (In press). Green open access

[thumbnail of Barucca2020_Article_AFairGovernanceOnInequalityPow.pdf]
Preview
Text
Barucca2020_Article_AFairGovernanceOnInequalityPow.pdf - Published version

Download (499kB) | Preview

Abstract

Can governments keep the pace of global markets? It is a defining characteristic of the present times, tested and measured within multiple studies, that we are living in an increasingly interconnected economy in which giant companies emerge and compete presenting new goods and products at a global scale. The competing environment of international markets produces quickly growing creatures that old nation-states struggle to understand, monitor and, consequently, regulate. In this regard, the selection process taking place in the market seems to be far more effective and greedy than the selection process we apply to our governments. In this paper I discuss the basic theoretical mechanisms for the persistence of wealth concentration, introducing a general game-theoretical framework to connect governance, market economy, and wealth distribution, and to rethink democracy and fairness in policy-making, especially with the aim of global sustainability governance.

Type: Article
Title: A Fair Governance: On Inequality, Power and Democracy
Open access status: An open access version is available from UCL Discovery
DOI: 10.1007/s11245-020-09697-z
Publisher version: https://doi.org/10.1007/s11245-020-09697-z
Language: English
Additional information: This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/.
Keywords: Fairness, Inequality, Democracy, Markets, Game theory
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > Dept of Computer Science
URI: https://discovery.ucl.ac.uk/id/eprint/10092151
Downloads since deposit
50Downloads
Download activity - last month
Download activity - last 12 months
Downloads by country - last 12 months

Archive Staff Only

View Item View Item