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Open Access (free)
Stan Metcalfe and Alan Warde

rules of the market game and in providing, through the political process, the means to challenge and vary the rules in particular cases. The third reflects distributional issues in a broad sense, the possibility of a mismatch between market outcomes and social perceptions of what those outcomes should be – what Nelson calls the problem of social cohesion and human rights. Nelson concludes with an interesting taxonomy of the factors that contribute to the appraisal of the applicability of the market to specific cases. That this list is as much concerned with social as

in Market relations and the competitive process
Richard R. Nelson

, because it plays a major role in a number of areas of contemporary dispute about governance. As I will propose shortly, in many of these areas the collective value argued to be at stake involves basic community and human rights, which I want to treat as a distinct body of theorising in its own right. Thus in the remainder of this subsection, I focus on another strand of political philosophy, particularly Anglo-American political philosophy. 28 Richard R. Nelson From at least the times of Hobbes and Locke, theories about the importance of the state have involved

in Market relations and the competitive process
Open Access (free)
Crisis, reform and recovery
Shalendra D. Sharma

government immediately freed the press from the draconian constraints that had been in force under Suharto, and in a dramatic move dismissed Prabowo (Suharto’s son-in-law) from the Indonesian armed forces (Mietzner 1999, 88–9). Moreover, the Habibie administration revoked the law that limited the number of political parties to two, released political prisoners and voiced support for legal reforms – in particular, the protection of human rights (Anwar 1999, 39–43). Habibie also announced that fresh parliamentary elections (to be preceded by the rewriting of New Order

in The Asian financial crisis
Open Access (free)
Crisis, reform and recovery
Shalendra D. Sharma

the common people, who was above the fray of partisan politics, and who represented the aspirations and interests of the working people against the sectarianism and selfinterested machinations of traditional politicians. In fact, of the key party leaders, only Kim Dae-Jung could completely distance himself from the discredited Kim Young-Sam, and indeed, from earlier governments. This he did with great deftness. Second, Kim Dae-Jung’s international reputation as a champion of human rights and democracy served him well. As Bridges (2001, 41) notes, Kim Dae-Jung’s warm

in The Asian financial crisis