Politics and the Structural Dependence of the State in Democratic Capitalist Nations
Bibliographic Data
| ID | 3213660 |
|---|---|
| Authors | Duane Swank (Marquette University, corresponding author) |
| Year | 1992 |
| Volume | 86 |
| Issue | 1 |
| Pages | 38-54 |
| Publication date | 1992-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Political Science Review (JOURNAL) |
| Journal identifiers | ISSN: 0003-0554 • E-ISSN: 1537-5943 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.2307/1964014 |
| OpenAlex | W2333803952 |
| Language | EN |
| Citations received | 99 |
| References cited | 52 |
I explore empirically a central claim of the structural dependence thesis, namely, that capitalists' ability to disinvest fundamentally conditions policy choices in democratic capitalist systems. Utilizing time-series data for 16 affluent democracies from 1965 to 1984, I find that, indeed, low rates of business investment are associated with reductions in corporate tax burdens and that these reductions are more pronounced in periods of economic crisis. Moreover, low rates of capital formation engender cuts in personal income taxes during periods of economic stress. However, I also find that the magnitude of responsiveness of taxation to low rates of investment is relatively small and that analyses of the political context of investment and taxation indicate that governments have choices. The responsiveness of corporate tax burdens to capital formation may, under some governments, be part of a policy mix designed to maintain adequate investment and to address the demands of core constituencies
Capital (architecture · Context (archaeology · Democracy · Economic system · Economics · Investment (military · Market economy · Monetary economics · Political science · Politics · State (computer science · Tax policy · Tax reform · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth · Local Government Finance and Decentralization
Differenzierung und strukturierte soziale Ungleichheit – gleichrangige Strukturprinzipien von Industriegesellschaften
Party Competition between Unequals
Global Capital and National Governments
Asset Manager Capitalism as a Corporate Governance Regime
Structural power and political science in the post-crisis era
Bringing Power Back in
Labour movements and welfare states
The Role of the Law in the American Political Economy
The Political Economies of Red States
Labour Market Regimes Under Threat? Sources of Continuity in Germany, Britain, and Sweden
Partisan Competition and Welfare State Retrenchment
Round Up the Usual Suspects!
Post‐Industrial Pressures on the Mature Welfare States
The Political Economy of Social Pacts
The New Politics of the Welfare State
The Comparative Political Economy of Pension Reform
Political Institutions, Veto Points, and the Process of Welfare State Adaptation
Tax policy in an era of internationalization
Comparative Institutional Advantages of Welfare State Regimes and New Coalitions in Welfare State Reforms
The American Political Economy
The Dynamics of Welfare State Expansion
Welfare State and Production Regimes in the Era of Retrenchment
Political Institutions and Welfare State Restructuring
Who Pays for Health Care Reform?
Introduction
Coping With Permanent Austerity Welfare State Restructuring in Affluent Democracies
Societies, polities and capitalists in developing countries
Sticking together or falling apart
Structural Contingencies
Institutional influences on business power
Mobile capital, democratic institutions, and the public economy in advanced industrial societies
The future of the European “social model” in the global economy
The effects of social and political openness on the welfare state in 18 OECD countries
Taming the City? Ideas, Structural Power and the Evolution of British Banking Policy Amidst the Great Financial Meltdown
Does the Structural Power of Business Matter in State Capitalism
The dog that didn't bark
The internationalization of European financial networks
Capital taxation with open borders
Tax mixes and the size of the welfare state
Leading the left to the right
California dreaming
The State of European Union Social Policy
Why State Subsidies? Evidence from European Community Countries, 1981-1986
The Political Economy of State Subsidies in Europe
Fiscal Policy and the Democratic Process in the European Union
Interest Group Success in the European Union
Action publique et partis politiques
The Global Diffusion of Public Policies
Globalisation and the (Non‐) defence of the welfare state
Structural Power and Bank Bailouts in the United Kingdom and the United States
Structural Power without the Structure
Globalization and the Crisis of Social Democracy
Taxing choices
Nature or Nurture? Sources of Firm Preference for National Health Reform
Politics and Social Spending in Latin America
International Capital Mobility in an Era of Globalisation
Globalisation and the Study of British Politics
Structural Power and Public Policy
Class, Power and the Structural Dependence Thesis
Globalization and Government Policy Independence
Structural lobbying power? An exploration of patterns in preference attainment at varying levels of lobbying activity
Labour and Citizenship
The structural-informational power of business
Introduction
Tax Policy in an Era of Internationalization
Conflict and salience as drivers of corporate lobbying? An elite survey experiment
Taxing work
Constitutional structures and regime performance in 18 industrialized democracies
Equality and efficiency
The impact of parties, economic growth, and public sector expansion
Do parties matter for local revenue policies? A comparison of Denmark and Norway
The Politics and economics of revenue growth
Sense and sensitivity in pooled analysis of political data
Does politics matter
Central Banks, Partisan Politics, and Macroeconomic Outcomes
Partisan Politics, the Welfare State, and Three Worlds of Human Capital Formation
Employers and the Welfare State
Unions, Wages, and the Common Interest
Leaning Right and Learning From the Left
Electoral Andpartisancycles Ineconomicpolicies Andoutcomes
Wage-Setting Institutions and Pay Inequality in Advanced Industrial Societies
The Political Economy of Corporate Taxation
Political Parties and the Supply Side of the Economy
Causal Heterogeneity in Comparative Research
The Poverty of Political Culture
The Origins of Financial Openness
Public Opinion, Elections, and Representation within a Market Economy
The New Political Economy of Taxation in Advanced Capitalist Democracies
The Programmatic Emergence of the Social Security State
Does the Organization of Capital Matter? Employers and Active Labor Market Policy at the National and Firm Levels
What To Do (and Not to Do) with Time-Series Cross-Section Data
What Should Rational Cognitive Misers Do
Bayesian Inference for Comparative Research
Politics, Institutions, and Welfare Spending in Industrialized Democracies, 1960-82
Government Partisanship, Labor Organization, and Macroeconomic Performance
Inequality, Social Insurance, and Redistribution
A Victim of Its Own Success
Democracy and the Class Struggle
The Transformation of Prison Regimes in Late Capitalist Societies
Elements of Econometrics
The International Almanac of Electoral History
Economics of Worldwide Stagflation
Politics against Markets
The State and Economic Transformation
The Political Business Cycle
The State in Capitalist Society
Order and conflict in contemporary capitalism
Small States in World Markets
Democratic Capitalism at the Crossroads
The Politics of inflation and economic stagnation
Contradictions of the Welfare State
Contradictions of the Welfare State.
The Ruling Class Does Not Rule
The State and the Economy Under Capitalism
The Political Economy of Industrial Democracies
The Transition from Capitalism to Socialism
The American Political Economy
Political Control of the Economy
Small States in World Markets
Who Gets What from Government
Capital and politics in Western Europe
Interest group activity and structural power
Elections and the Democratic Class Struggle
The Politics of Growth
Social Democratic Corporatism and Economic Growth
Structural Power—A Contradiction in Terms
Governmental Redistribution in Rich Capitalist Democracies
The Influence of Party Competition on Post-War UK Tax Rates
Distribution of income in advanced capitalist states
On the Political Economy of Welfare Expansion
Comparative Economic Voting
Regression in Space and Time
The Political Economy of Government Domestic Expenditure in the Affluent Democracies, 1960-80
In Defense of Multiplicative Terms in Multiple Regression Equations
The Power of Business in America
The Expansion of the Public Economy
Structural Dependence of the State on Capital
Systemic Power in Community Decision Making
Corporate Taxation and Corporate Economic Power
Corporate Economic Power and the State
| Unique citing works | 99 |
|---|---|
| Citations per year | 2,83 |
| Citation span | 1991 - 2025 (35) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 99 |