Ideology and the Evolution of Vital Institutions: Guilds, The Gold Standard, and Modern International Cooperation
Earl A. Thompson,Charles R. Hickson
Ideology and the Evolution of Vital Institutions: Guilds, The Gold Standard, and Modern International Cooperation
Earl A. Thompson,Charles R. Hickson
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This text challenges the standard interpretation of the basis of growth and viability of dominant wealthy nations. The efforts of the economically wealthy and government leaders to increase their wealth and protect it from aggressors, internal and external, are cast in a new evolutionary light. The challenge is to the idea that societies’ leading intellectual formulators of political and social policy have been helpful. Their alternative, and persuasive, interpretation is that the rise and survival of wealthier nations has been achieved because of an effective democracy . The authors explain why an effective democratic state must avoid narrow, short-sighted , rational-appearing concessions to a sequence of aggressors. In short, the Thompson-Hickson interpretation of the rise of wealthy dominant nations does not rely on the advice of superior intellectual advisors, but instead rests on the pragmatic, almost ad hoc, actions of democratic legislators.
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