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The Political Economy of the Common Agricultural Policy

Coordinated Capitalism or Bureaucratic Monster?

Fernando Collantes

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Hardback

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English
Routledge
07 April 2020
What is the balance of the European Union’s Common Agricultural Policy more than half a century after its birth? Does it illustrate the virtues of the European model of coordinated capitalism, as opposed to US-style liberal capitalism? Or is it an incoherent set of instruments that exert diverse negative impacts and, like Frankenstein’s monster, seems to have escaped the control of its designers?

The Political Economy of the Common Agricultural Policy does not criticize the CAP from the liberal standpoint that views most public interventions in the economy as bad for efficiency and welfare. The CAP has been costly to Europeans, both as consumers and as taxpayers, and has also generated a number of negative impacts upon third countries, but these costs and impacts have been more moderate than is suggested. This book proposes that the issue with the CAP is not a generic problem of coordinating capitalism but, instead, a more specific problem of low-quality coordination. The text argues that profound reform of the European Union’s institutions and policies is required to counter the rapid rise of a more Eurosceptical state of mind but – in the case of agricultural policy – history casts serious doubts on the capacity of the European network of agriculture-related politicians to lead such a reform.

This key work is essential reading for researchers, graduate students, and master’s level docents of the Common Agricultural Policy and – more broadly – European Union policy and reform.

By:  
Imprint:   Routledge
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 156mm, 
Weight:   453g
ISBN:   9780367858216
ISBN 10:   0367858215
Pages:   116
Publication Date:  
Audience:   College/higher education ,  Primary ,  A / AS level
Format:   Hardback
Publisher's Status:   Active
"(0) Introduction (1) The “European model of agriculture"" on trial (2) What is the CAP about? (3) The monster myth (4) An even greater myth: coordinated agrarian capitalism (5) The political back room (6) Epilogue: A story to be continued?"

Fernando Collantes is an Associate Professor of Socio-Economic History at the University of Oviedo, Spain. He has published widely on rural development and food systems from a historical perspective. He currently serves as a trustee of the Spanish Economic History Association.

Reviews for The Political Economy of the Common Agricultural Policy: Coordinated Capitalism or Bureaucratic Monster?

One of the strengths of this book is that the author writes with considerable clarity about a very complex set of policies. He clearly shows mastery of the details and his arguments are carefully evidenced, but he is also able to focus on the policy as a whole and the broader international context in which it has developed...Overall, this book is a balanced and interesting account that offers fresh perspective and insights. It could be read with benefit by experts on the CAP, but it is also accessible to those approaching the subject for the first time. - Wyn Grant, Agricultural History


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