Summary of Olson Dictatorship Democracy

Source: OLSON, M. 1993. Dictatorship, state, and development. American Political Science Review, 567-576. Key words: Stationary bandits vs. drift bandits; monopolized and quick-scentedized thieving; revenue enhancement; monopoly of hysteria; work and innovation; economic growth; property and announcement rights; existence skilful provision; revenue-maximizing tax rate; line of descent of loving surplus; long live the king; autarchy; democracy; encompassing interests; balance of power; power share-out Brief stocky: Major arguments: 1. Roving bandits versus unmoving bandits a. the roving bandits under insurrection conducted uncoordinated competitive theft, which destroys the incentive to tog and produce b. by contrast, a nonmoving bandit monopolizes and rationalizes theft in the form of taxes by setting himself up as a dictator; a secure autocrat then has an encompassing interest to can a peaceful commit and other public goods that affix productivity in his grime 2. the tenure of an autocrat matters: c. the brief tenure, the natural uncertainty of while in dictatorships imply that autocracies will seldom have good economic performance for more than wizard generation d.

the conditions needed for a lasting democracy are the analogous requisite for the security of property and contract rights that generates economic growth The initiative blessing of the invisible hand 1. why have about inhabited societies throughout history normally avoided anarchy? a. Why should warlords, who were statio nary bandits continuously stealing from a gi! ven convention of victims, be preferred, by those victims, to roving bandits who soon de referenceed? b. If roving bandits rationally settles down and takes his theft in the form of regular revenue while maintaining a monopoly on theft in his domain, bypast those from whom he extracts taxes will have an incentive to produce c. The rational stationary bandit will take only a part of income...If you want to get a full essay, tramp it on our website: OrderCustomPaper.com

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