The Choice: How Bill Clinton Won - download pdf or read online

By Bob Woodward

ISBN-10: 1416552820

ISBN-13: 9781416552826

The alternative is Bob Woodward's vintage tale of the search for strength, concentrating on the 1996 presidential crusade as a case research of cash, public opinion polling, assault advertisements, handlers, specialists, and choice making in the middle of electoral uncertainty. President invoice Clinton is tested in complete within the contest with Senate Majority chief Bob Dole, the Republican presidential nominee. The intimacy and aspect of Woodward's account of the applicants and their other halves exhibit the epic human fight during this race for the White House.

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But how does a group know whether a political party or the state intends to, or can, deliver the promised benefits? As a contracting agent, the group faces risks that in the economic literature are termed adverse selection and malfeasance. An interest group encounters adverse selection because it does not know the talents, capacities, and intentions of the party as well as the party does. It must make its best guess that the party has not misrepresented its abilities and intentions to the group.

Finally, the Church’s attitude toward democracy need not be an insuperable barrier: not all parties are convinced of the value of the democratic system in which they operate. Specific assets are not the sole determinant of whether a group creates its own political party or instead engages in various types of contracts with parties. The point is that when the profitable opportunities that a group wants to exploit require the deployment of specific assets, the group will weigh the potential profits against the risks of committing assets that later cannot be recouped or redeployed.

Third, the basic skills to train campaign staff have value when transferred to other parties. There may be skills specific to one party (how to write propaganda for it, personal connections established that later have to be reoriented or have no value outside that party). The labor of interest group activists may become a specific asset if the party lures the activist away by offering a new venue for personal and financial rewards (Kalyvas 1996). 20 Fifth, votes allegedly have the same face value no matter which party receives them, but in real 18 Another way of looking at interest group support of a party is to construe it as an investment, subject to the same hazards that foreign investors face.

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The Choice: How Bill Clinton Won by Bob Woodward


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