Third Party Matters

This fascinating book looks at the select group of third parties that have made a real difference in U.S. politics and governance. Third parties have been a fixture in the American political landscape since the beginning of the two-party system. More than 300 of these groups have surfaced, but only a handful have made a real difference. Third-Party Matters: Politics, Presidents, and Third Parties in American History tells the intriguing stories of those 11 parties, starting with the antislavery Liberty Party of 1840. The parties deemed worthy of inclusion were selected because they met at least one of three criteria. They were spoilers who changed the outcome of an election, they had an important influence on government policy or the future of politics, and/or they had popular appeal, attracting at least ten percent of the vote. This investigation reveals the background behind each party's rise, what it stood for, who its leaders were—including larger-than-life personalities like Teddy Roosevelt, George Wallace, and Ross Perot—and the ultimate outcome of the election(s) in which the party participated.

Building on the foundational importance of its predecessor (Politics at the Periphery, 1993), Challengers to Duopoly offers an up-to-date overview of the important history of America's third parties and the challenge they represent to the hegemony of the major parties. J. David Gillespie introduces readers to minor partisan actors of three types: short-lived national parties, continuing doctrinal and issue parties, and the significant others at the state and local levels. Woven into these accounts are profiles of some of the individuals who have taken the initiative to found and lead these parties. Ross Perot, Ralph Nader, Jesse Ventura, and other recent and contemporary electoral insurgents are featured, along with the most significant current national and state parties challenging the primacy of the two major parties. Gillespie maintains that despite the infirmities they often bear, third parties do matter, and they have mattered throughout American public life. Many of our nation's most important policies and institutional innovations—including abolition, woman suffrage, government transparency, child labor laws, and national healthcare—were third-party ideas before either major party embraced them. Additionally, third parties were the first to break every single gender, race, and sexual orientation bar on nomination for the highest offices in the land. As Gillespie illustrates in this engaging narrative, with the deck so stacked against them, it is impressive that third-party candidates ever win at all. That they sometimes do is a testament to the power of democratic ideals and the growing disdain of the voting public with politics as usual.

Inside the Campaign is a behind-the-scenes look at the people involved in an election campaign and the work they do. Each chapter reveals the duties and obstacles faced during the heat of a campaign. Practitioners and political scientists collaborate to present real-world insights that demystify over a dozen occupations, including campaign chairs, fundraisers, advertisers, platform designers, communication personnel, election administrators, political staff, journalists, and pollsters. Inside the Campaign provides an inside look at, and unparalleled understanding of, the nuts and bolts of running a federal campaign in Canada.

In recent years a growing number of citizens have defected from the major parties to third party presidential candidates. Over the past three decades, independent campaigns led by George Wallace, John Anderson, and Ross Perot have attracted more electoral support than at any time since the 1920s. Third Parties in America explains why and when the two-party system deteriorates and third parties flourish. Relying on data from presidential elections between 1840 and 1992, it identifies the situations in which Americans abandon the major parties and shows how third parties encourage major party responsiveness and broader representation of political interests.

This book examines third party protection in shipping. Today, shipping is not just a part of the supply chain; it is indistinguishable from it. Once at the periphery, third party protection is now a central element of carriage. This matter is addressed by means of analysis of the current legal framework in relation to third parties and an evaluation of how, within this framework, the law applicable to a third party may be uncovered. Third party protection is analysed under the following: the Hague/Hague-Visby Rules; the Hamburg Rules; the Rotterdam Rules; English law and United States law; and civil law. With its breadth of coverage and high-quality analysis, this book is vital reading for both professional and academic readers with an interest in shipping and international trade.

Chinese Contract Law (2nd Ed) contains the latest developments of contract legislation, adjudication and practices in China and provides all information necessary to comprehend contemporary Chinese contract law.

This book adds to the debate on the effects of covenants on third-party creditors (externalities), which have recently become a focus of discussion in the contexts of bankruptcy law, corporate law and corporate governance. The general thrust of the debate is that negative effects on third-party creditors predominate because banks act in their own self-interest. After systematising the debated potential positive and negative externalities of covenants, the book empirically examines these externalities: It investigates the banks’ factual conduct and its effects on third-party creditors in Germany and the US. The study’s most significant outcome is that it disproves the assumption that banks disregard third-party creditors’ interests. These findings are then interpreted with the tools of economic analysis; particularly, with the concept of common pool resources (CPRs). Around the aggregated value of the debtor company’s asset pool (as CPR) exists an n-person prisoner’s dilemma between banks and third-party creditors: No creditor knows when and under what conditions the other creditor will appropriate funds from the debtor company’s asset pool. This coordination problem is traditionally addressed by means of bankruptcy law and collaterals. However, the incentive structure that surrounds the bilateral private governance system created by covenants and an event of default clause (a CPR private governance system) is found to also be capable of tackling this problem. Moreover, the interaction between the different regulation spheres – bankruptcy law, collateral and the CPR private governance system − has important implications for both the aforementioned discussions as well as the legal treatment of covenants and event of default clauses. Covenants alone cannot be seen as an alternative to institutional regulation; the complete CPR private governance system and its interaction with institutional regulation must also be taken into consideration. In addition, their function must first find more acceptance and respect in the legal treatment of covenants and event of default clauses: The CPR private governance system fills a gap in the regulation of the tragedy of the commons by bankruptcy law and collateral. This has particularly important implications for the German § 138 BGB, § 826 BGB and ad hoc duties to disclose insider information.