Monopolista verseny, árverés és felhatalmazás. Politikai vezetés és politikai piac, schumpeteri nézőpontból
MONOPOLISTIC COMPETITION, AUCTION AND AUTHORIZATION. A SCHUMPETERIAN VIEW OF LEADERSHIP AND THE POLITICAL MARKET

Summary/Abstract: The market analogy of democracy played a central role in one of the leading versions of democratic theory in the last fi fty years, in the so-called “elite” or “competitive” theory of democracy. In the present paper at fi rst I clarify that the dominant school of the market analogy (Downs and his followers) turned its back on the approach of the originator of the analogy, Joseph Schumpeter. Schumpeter argued that both economic and political competition – due to the activity of entrepreneurs – are necessarily monopolistic and destroy equilibrium. Second, I show how followers of the Schumpeterian market analogy improved upon it by using the concept of natural monopolies and making it conform to the characteristics of politics, while further distancing themselves from the Downsian interpretation and the dominant Public Choice approach. Finally, I demonstrate a normative implication of monopolistic competition, namely its consequences for the concept of “agency loss”.

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