Capitalism, democracy and rational individual behavior

Dennis C. Mueller

pp. 73-88

in: Dennis C. Mueller, UWE Cantner (eds), Capitalism and democracy in the 21st century, Heidelberg, Physica, 2001

Abstract

The collapse of communism in Eastern Europe and the Soviet Union beginning in 1989 to many observers seemed to signal the triumph of the capitalistic and democratic institutions of the West over the socialist and totalitarian institutions that had been the hallmark of communism.