The Political Economy of the Common Agricultural Policy (eBook, ePUB)

Coordinated Capitalism or Bureaucratic Monster?

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What is the balance of the European Union's Common Agricultural Policy more than half a century after its birth? Does it illustrate the virtues of the European model of coordinated capitalism, as opposed to US-style liberal capitalism? Or is it an incoherent set of instruments that exert diverse negative impacts and, like Frankenstein's monster, seems to have escaped the control of its designers?The Political Economy of the Common Agricultural Policy does not criticize the CAP from the liberal standpoint that views most public interventions in the economy as bad for efficiency and welfare. The...

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