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Rebel Mystic: Toward a Theorization of the Aesthetic and Communicative Dimensions of Reggae and Dub
Unformatted Document Text:  44 modern democracies or polyarchies. In today’s democracies, elections are more or less free and fair, each individual citizen has a right to vote, but some individuals have more influence in the policymaking process and a higher chance of winning offices. If there is such rich similarity and analogy among the political, social, and economic systems, one could assume that these systems will likely develop simultaneously over time. If today’s democracies are assumed to develop into normal democracy and if today’s level of skewed income distribution is likely to give way to normal distribution of income, so would today’s monopolistic competition move toward a more pure or competitive competition. It is, for instance, clear that both autocratic political system and pure monopoly markets had been, for the most part, abandoned especially in established democracies. While some form of ‘free-market’ system has been tried in the past, in countries like Great Britain and the United States in the nineteenth century, such a system was abandoned after the economic debacles of the Great Depression of the 1930s. There seems to be some parallel between the establishment of the ‘free-market’ economy in the nineteenth century and the creation of democracy in the Greek city-states; the ideal economic system would, similar to the ideal political system, sounds tempting to try but without the presence of appropriate conditions like perfect information and resource mobility, it will not likely last long. Moreover, the development of the market will not, as in the political and social systems, likely reach pure competition, mainly because assumptions about pure competition like the presence of perfect information, rationality, and mobility of resources are not likely to be realized (See Amacher, R. and H. Ulbrich, 1986 for instance).

Authors: Tracy, James.
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44
modern democracies or polyarchies. In today’s democracies, elections are more or less
free and fair, each individual citizen has a right to vote, but some individuals have more
influence in the policymaking process and a higher chance of winning offices.
If there is such rich similarity and analogy among the political, social, and economic
systems, one could assume that these systems will likely develop simultaneously over
time. If today’s democracies are assumed to develop into normal democracy and if
today’s level of skewed income distribution is likely to give way to normal distribution of
income, so would today’s monopolistic competition move toward a more pure or
competitive competition. It is, for instance, clear that both autocratic political system
and pure monopoly markets had been, for the most part, abandoned especially in
established democracies. While some form of ‘free-market’ system has been tried in the
past, in countries like Great Britain and the United States in the nineteenth century, such
a system was abandoned after the economic debacles of the Great Depression of the
1930s. There seems to be some parallel between the establishment of the ‘free-market’
economy in the nineteenth century and the creation of democracy in the Greek city-states;
the ideal economic system would, similar to the ideal political system, sounds tempting to
try but without the presence of appropriate conditions like perfect information and
resource mobility, it will not likely last long. Moreover, the development of the market
will not, as in the political and social systems, likely reach pure competition, mainly
because assumptions about pure competition like the presence of perfect information,
rationality, and mobility of resources are not likely to be realized (See Amacher, R. and
H. Ulbrich, 1986 for instance).


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