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Institutional Change and Political Power

Institutions
Political Methodology
Political Theory
Analytic
Methods
Will Bosworth
Australian National University
Will Bosworth
Australian National University

Abstract

The analysis of social power often gets caught up in ideological disputes. These disputes commonly perpetuate non-substantive verbal disagreements that have little to do with substantive political argument. Ideological entanglement nevertheless persists clouding considerations of institutional change with sophistry. A solution is presented that identifies and rejects such rhetoric in a falsifiable way. The solution is then used to defend John Harsanyi’s model-theoretic interpretation of the social power relation and an associated approach to institutional change. A recent analysis of the bailout of the banks during the Global Financial Crisis is used as a case study.