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Essays On The Economic And Political Effects Of Immigration
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Book Synopsis Cato Handbook for Policymakers by : Cato Institute
Download or read book Cato Handbook for Policymakers written by Cato Institute and published by Cato Institute. This book was released on 2008 with total page 698 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers policy recommendations from Cato Institute experts on every major policy issue. Providing both in-depth analysis and concrete recommendations, the Handbook is an invaluable resource for policymakers and anyone else interested in securing liberty through limited government.
Author :National Academies of Sciences, Engineering, and Medicine Publisher :National Academies Press ISBN 13 :0309444454 Total Pages :643 pages Book Rating :4.3/5 (94 download)
Book Synopsis The Economic and Fiscal Consequences of Immigration by : National Academies of Sciences, Engineering, and Medicine
Download or read book The Economic and Fiscal Consequences of Immigration written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-07-13 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic and Fiscal Consequences of Immigration finds that the long-term impact of immigration on the wages and employment of native-born workers overall is very small, and that any negative impacts are most likely to be found for prior immigrants or native-born high school dropouts. First-generation immigrants are more costly to governments than are the native-born, but the second generation are among the strongest fiscal and economic contributors in the U.S. This report concludes that immigration has an overall positive impact on long-run economic growth in the U.S. More than 40 million people living in the United States were born in other countries, and almost an equal number have at least one foreign-born parent. Together, the first generation (foreign-born) and second generation (children of the foreign-born) comprise almost one in four Americans. It comes as little surprise, then, that many U.S. residents view immigration as a major policy issue facing the nation. Not only does immigration affect the environment in which everyone lives, learns, and works, but it also interacts with nearly every policy area of concern, from jobs and the economy, education, and health care, to federal, state, and local government budgets. The changing patterns of immigration and the evolving consequences for American society, institutions, and the economy continue to fuel public policy debate that plays out at the national, state, and local levels. The Economic and Fiscal Consequences of Immigration assesses the impact of dynamic immigration processes on economic and fiscal outcomes for the United States, a major destination of world population movements. This report will be a fundamental resource for policy makers and law makers at the federal, state, and local levels but extends to the general public, nongovernmental organizations, the business community, educational institutions, and the research community.
Book Synopsis Immigration Economics by : George J. Borjas
Download or read book Immigration Economics written by George J. Borjas and published by Harvard University Press. This book was released on 2014-06-09 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Millions of people—nearly 3 percent of the world’s population—no longer live in the country where they were born. Every day, migrants enter not only the United States but also developed countries without much of a history of immigration. Some of these nations have switched in a short span of time from being the source of immigrants to being a destination for them. International migration is today a central subject of research in modern labor economics, which seeks to put into perspective and explain this historic demographic transformation. Immigration Economics synthesizes the theories, models, and econometric methods used to identify the causes and consequences of international labor flows. Economist George Borjas lays out with clarity and rigor a full spectrum of topics, including migrant worker selection and assimilation, the impact of immigration on labor markets and worker wages, and the economic benefits and losses that result from immigration. Two important themes emerge: First, immigration has distributional consequences: some people gain, but some people lose. Second, immigrants are rational economic agents who attempt to do the best they can with the resources they have, and the same holds true for native workers of the countries that receive migrants. This straightforward behavioral proposition, Borjas argues, has crucial implications for how economists and policymakers should frame contemporary debates over immigration.
Download or read book Segregated Time written by P. J. Brendese and published by Oxford University Press. This book was released on 2023-06-16 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Martin Luther King Jr. argued on behalf of civil rights he was told that he was "too soon." Today, those demanding reparations for slavery are told they are "too late." What time is it? Or perhaps the appropriate question is: whose time is it? These questions point to a phenomenon of segregated time: how a range of political subjects are viewed as occupants of different time zones, how experiences of time diverge across peoples, and how these divergent temporal spheres are mutually entwined in ways that serve the interests of white supremacy. In Segregated Time, P.J. Brendese takes a time-sensitive approach to race as it pertains to the acceleration of human disposability, dynamic identity formation, and the production and allocation of social and economic goods. Although typically conceived in terms of space, Brendese argues that racial segregation and inequality are also sustained through impositions on human time. Drawing on a range of Africana, Latinx, and Indigenous political thought, Brendese demonstrates the way in which time is weaponized against people of color and advances a theory of "white time" as a possessive, acquisitive, colonizing force. The chapters explore how migration politics involves temporal borders, how the extended lifetimes of some are built on the foreshortened lives of others, how racial stigma conveys debt and "subprime time," and how whiteness functions as a store of credit through time. In this innovative inquiry into contemporary orders of time and race, Segregated Time examines who is regarded as behind the times, who is cast out of time through racial violence, who "does time" in the prison system, and the racial divides of lives on borrowed time in an epoch of climate catastrophe.
Book Synopsis The Economic Sociology of Immigration by : Alejandro Portes
Download or read book The Economic Sociology of Immigration written by Alejandro Portes and published by Russell Sage Foundation. This book was released on 1995-06-22 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Portes suggests that immigration constitutes an especially appropriate Mertonian 'strategic research site' for economic sociology in that it provides very good opportunities for investigating the embeddedness of economic relationships in social situations....the contributors expand the conventional domain of economic sociology quite literally in both time and space."—Contemporary Sociology "Alejandro Portes and his splendid band of collaborators make clear that the causes, processes, and consequences of migration vary dramatically from group to group, that a group's history makes a profound difference to its fate in the American economy. They have produced a sinewy book, a book worth arguing with."—Charles Tilly, Columbia University The Economic Sociology of Immigration forges a dynamic link between the theoretical innovations of economic sociology with the latest empirical findings from immigration research, an area of critical concern as the problems of ethnic poverty and inequality become increasingly profound. Alejandro Portes' lucid overview of sociological approaches to economic phenomena provides the framework for six thoughtful, wide-ranging investigations into ethnic and immigrant labor networks and social resources, entrepreneurship, and cultural assimilation. Mark Granovetter illustrates how small businesses built on the bonds of ethnicity and kinship can, under certain conditions, flourish remarkably well. Bryan R. Roberts demonstrates how immigrant groups' expectations of the duration of their stay influence their propensity toward entrepreneurship. Ivan Light and Carolyn Rosenstein chart how specific metropolitan environments have stimulated or impeded entrepreneurial ventures in five ethnic populations. Saskia Sassen provides a revealing analysis of the unexpectedly flexible and vital labor market networks maintained between immigrants and their native countries, while M. Patricia Fernandez Kelly looks specifically at the black inner city to examine how insular cultural values hinder the acquisition of skills and jobs outside the neighborhood. Alejandro Portes also depicts the difference between the attitudes of American-born youths and those of recent immigrants and its effect on the economic success of immigrant children.
Author :Panel on the Demographic and Economic Impacts of Immigration Publisher :National Academies Press ISBN 13 :0309521424 Total Pages :449 pages Book Rating :4.3/5 (95 download)
Book Synopsis The New Americans by : Panel on the Demographic and Economic Impacts of Immigration
Download or read book The New Americans written by Panel on the Demographic and Economic Impacts of Immigration and published by National Academies Press. This book was released on 1997-10-28 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sheds light on one of the most controversial issues of the decade. It identifies the economic gains and losses from immigration--for the nation, states, and local areas--and provides a foundation for public discussion and policymaking. Three key questions are explored: What is the influence of immigration on the overall economy, especially national and regional labor markets? What are the overall effects of immigration on federal, state, and local government budgets? What effects will immigration have on the future size and makeup of the nation's population over the next 50 years? The New Americans examines what immigrants gain by coming to the United States and what they contribute to the country, the skills of immigrants and those of native-born Americans, the experiences of immigrant women and other groups, and much more. It offers examples of how to measure the impact of immigration on government revenues and expenditures--estimating one year's fiscal impact in California, New Jersey, and the United States and projecting the long-run fiscal effects on government revenues and expenditures. Also included is background information on immigration policies and practices and data on where immigrants come from, what they do in America, and how they will change the nation's social fabric in the decades to come.
Book Synopsis Immigrants and Welfare by : Michael E. Fix
Download or read book Immigrants and Welfare written by Michael E. Fix and published by Russell Sage Foundation. This book was released on 2009-11-25 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The lore of the immigrant who comes to the United States to take advantage of our welfare system has a long history in America's collective mythology, but it has little basis in fact. The so-called problem of immigrants on the dole was nonetheless a major concern of the 1996 welfare reform law, the impact of which is still playing out today. While legal immigrants continue to pay taxes and are eligible for the draft, welfare reform has severely limited their access to government supports in times of crisis. Edited by Michael Fix, Immigrants and Welfare rigorously assesses the welfare reform law, questions whether its immigrant provisions were ever really necessary, and examines its impact on legal immigrants' ability to integrate into American society. Immigrants and Welfare draws on fields from demography and law to developmental psychology. The first part of the volume probes the politics behind the welfare reform law, its legal underpinnings, and what it may mean for integration policy. Contributor Ron Haskins makes a case for welfare reform's ultimate success but cautions that excluding noncitizen children (future workers) from benefits today will inevitably have serious repercussions for the American economy down the road. Michael Wishnie describes the implications of the law for equal protection of immigrants under the U.S. Constitution. The second part of the book focuses on empirical research regarding immigrants' propensity to use benefits before the law passed, and immigrants' use and hardship levels afterwards. Jennifer Van Hook and Frank Bean analyze immigrants' benefit use before the law was passed in order to address the contested sociological theories that immigrants are inclined to welfare use and that it slows their assimilation. Randy Capps, Michael Fix, and Everett Henderson track trends before and after welfare reform in legal immigrants' use of the major federal benefit programs affected by the law. Leighton Ku looks specifically at trends in food stamps and Medicaid use among noncitizen children and adults and documents the declining health insurance coverage of noncitizen parents and children. Finally, Ariel Kalil and Danielle Crosby use longitudinal data from Chicago to examine the health of children in immigrant families that left welfare. Even though few states took the federal government's invitation with the 1996 welfare reform law to completely freeze legal immigrants out of the social safety net, many of the law's most far-reaching provisions remain in place and have significant implications for immigrants. Immigrants and Welfare takes a balanced look at the politics and history of immigrant access to safety-net supports and the ongoing impacts of welfare. Copublished with the Migration Policy Institute
Book Synopsis How Immigrants Contribute to Developing Countries' Economies by : OECD
Download or read book How Immigrants Contribute to Developing Countries' Economies written by OECD and published by OECD Publishing. This book was released on 2018-01-24 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: How Immigrants Contribute to Developing Countries' Economies is the result of a project carried out by the OECD Development Centre and the International Labour Organization, with support from the European Union. The report covers the ten project partner countries.
Book Synopsis The Regulated Economy by : Claudia Goldin
Download or read book The Regulated Economy written by Claudia Goldin and published by University of Chicago Press. This book was released on 2008-04-15 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: How has the United States government grown? What political and economic factors have given rise to its regulation of the economy? These eight case studies explore the late-nineteenth- and early twentieth-century origins of government intervention in the United States economy, focusing on the political influence of special interest groups in the development of economic regulation. The Regulated Economy examines how constituent groups emerged and demanded government action to solve perceived economic problems, such as exorbitant railroad and utility rates, bank failure, falling agricultural prices, the immigration of low-skilled workers, workplace injury, and the financing of government. The contributors look at how preexisting policies, institutions, and market structures shaped regulatory activity; the origins of regulatory movements at the state and local levels; the effects of consensus-building on the timing and content of legislation; and how well government policies reflect constituency interests. A wide-ranging historical view of the way interest group demands and political bargaining have influenced the growth of economic regulation in the United States, this book is important reading for economists, political scientists, and public policy experts.
Book Synopsis The New Economic Sociology by : Maruo F. Guillen
Download or read book The New Economic Sociology written by Maruo F. Guillen and published by Russell Sage Foundation. This book was released on 2002-04-25 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the American economy surged in the 1990s, economic sociology made great strides as well. Economists and sociologists worked across disciplinary boundaries to study the booming market as both a product and a producer of culture, tracing the correlations they saw between economic and social phenomena. In the process, they debated the methodological issues that arose from their interdisciplinary perspectives. The New Economic Sociology provides an overview of these debates and assesses the state of the burgeoning discipline. The contributors summarize economic sociology's accomplishments to date, identifying key theoretical problems and opportunities, and formulating strategies for future research in the field. The book opens with an introduction to the main debates and conceptual approaches in economic sociology. Contributor Neil Fligstein suggests that the current resurgence of interest in economic sociology is due to the way it brings together many sociological subdisciplines including the study of markets, households, labor markets, stratification, networks, and culture. Other contributors examine the role of economic phenomena from a network perspective. Ron Burt, for example, demonstrates how social relationships affect competitive dynamics in the marketplace. A third set of chapters addresses the role of gender in economic sociology. In her chapter, Barbara Reskin rethinks conventional notions about discrimination and points out that the law only covers one type of discrimination, while in recent years social scientists have uncovered other forms of hidden discrimination, which must be addressed as well. The New Economic Sociology also addresses the problem of economic development and change from a sociological perspective. Alejandro Portes and Margarita Mooney elaborate on one of the key emerging concepts in economic sociology, arguing that social capital—as an attribute of communities and regions—can contribute to economic and social well-being by fostering collaboration and entrepreneurship. The contributors concur that economic action must be interpreted through the cultural understandings that lend it stability and meaning. By rendering these often complex debates accessible, The New Economic Sociology makes a significant contribution to this still rapidly developing field, and provides a useful guide for future avenues of research.
Book Synopsis Debating American Immigration, 1882--present by : Roger Daniels
Download or read book Debating American Immigration, 1882--present written by Roger Daniels and published by Rowman & Littlefield. This book was released on 2001 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this text, two historians offer competing interpretations of the past, present, and future of American immigration policy and American attitudes towards immigration. Through essays and supporting primary documents, the authors provide recommendations for future policies and legal remedies.
Book Synopsis Interpreting Policy Convergence Between the Left and the Right by : Johan Wennström
Download or read book Interpreting Policy Convergence Between the Left and the Right written by Johan Wennström and published by Linköping University Electronic Press. This book was released on 2019-01-18 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation is made up of four essays that address major problems in the policy areas of education and immigration in Sweden and an introductory essay that offers an overarching analysis of the results of the four individual studies. The first three essays analyze the significant decline in quality of elementary and secondary education since the late 1990s from three different angles: the decline in teachers’ working conditions and status (Essay I), the deficiencies in the regulatory framework of Sweden’s system of school competition between public and for-profit providers of education (Essay II), and the prescribed view of knowledge in Swedish schools (Essay III). The fourth essay examines the policy of refugee placement in recent years. It shows that peripheral and rural municipalities with declining populations and high unemployment have received greater numbers of refugees per capita than growing urban municipalities offering better employment opportunities. The introductory essay focuses on the common thread in the four essays, namely, policy convergence between the Left and the Right. In fact, the empirical evidence in the individual studies suggests that the Social Democrats and the Moderate Party have a propensity for policy convergence in the two areas analyzed, but that it is unintentional and hard to detect for the actors themselves. This observation runs counter to what is typically assumed in political science, namely, that the Left and the Right are polar opposites with widely divergent policy agendas. Avhandlingen består av fyra artiklar om svensk utbildnings- och migrationspolitik och en kappa som syntetiserar de enskilda studierna. Den första artikeln undersöker hur svenska lärares yrkesstolthet och inneboende drivkrafter att göra ett bra jobb har påverkats av vänster- och högerpolitikers syn på läraryrket. Den andra artikeln undersöker hur marknadsutsättningen av det svenska skolväsendet har påverkat kunskapsnivån bland svenska elever. Den tredje artikeln bygger vidare på de två första studierna och undersöker synen på ämneskunskaper i skolans styrdokument och dess påverkan både på läraryrkets ställning och elevers kunskaper. Den fjärde artikeln undersöker det geografiska mönstret i kommunplaceringen av nyanlända flyktingar i Sverige. Avhandlingens övergripande bidrag är att den, genom att studera två olika politikområden, visar att vänstern och högern i Sverige har en omedveten benägenhet att konvergera politiskt. Trots att man anser sig stå på olika sidor i politiken visar empirin i de fyra studierna att vänster- och högerpolitiker i främst Socialdemokraterna och Moderaterna har dragit åt samma håll i både utbildnings- och migrationspolitiken. Den första artikeln visar att politiker både till vänster och till höger ofta har varit skeptiska till lärarnas inflytande i skolan och sett det som ett hinder för elevernas frihet och lärande, vilket har bidragit till att underminera lärarnas professionella etos. Den andra artikeln visar att både vänster- och högerpolitiker underlät att utforma regelverket för skolkonkurrensen så att privata utförare styrdes mot att erbjuda en undervisning av hög kvalitet. I stället uppstod en konkurrens med höga betyg. Den tredje artikeln visar likaledes att skolans konstruktivistiska kunskapssyn, som både har reducerat lärarnas yrkesroll till förmån för elevernas eget arbete och förstärkt utvecklingen mot en konkurrens med betyg, har stöttats av såväl vänster- som högerpolitiker. Den fjärde artikeln visar att nyanlända flyktingar främst har tagits emot av mindre kommuner i avfolkningsbygder präglade av hög arbetslöshet. I artikeln framhålls att denna kontraproduktiva policy har sin grund i både vänster- och högerpolitikers välmenade idéer om flyktingmottagandet som först lanserades på nationell nivå. Då statsvetare i såväl Sverige som internationellt ofta har antagit att vänster och höger utgör politikens motpoler erbjuder avhandlingens huvudresultat ett nytt perspektiv. Sannolikt kan det generaliseras till ytterligare politikområden. Kappan ger även en nydanande förklaring till politisk konvergens som går ut på att vänstern och högern, åtminstone i en svensk kontext, delar en moraluppfattning som främst betonar individens frihet och rättigheter medan andra, balanserande moraliska värden tonas ned. En implikation av detta är att det skapar utrymme för nya partier som positionerar sig i den nisch som därigenom uppstått.
Book Synopsis Immigration and Social Systems by : Christina Boswell
Download or read book Immigration and Social Systems written by Christina Boswell and published by Amsterdam University Press. This book was released on 2012-08-01 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: Michael Bommes (1954–2010) was one the most brilliant and original scholars of migration studies in the twentieth and twenty-first centuries. This posthumously published collection brings together a selection of his most important essays on immigration, transnationalism, irregular migration, and migrant networks. “In Bommes, the academy lost a scholar with penetrating analyses of migration, the welfare state and social systems where the two interact. By completing his last project, Boswell and D'Amato have done scholarship a lasting service. A major contribution to public debate and a tribute to a very great man.”—Randall Hansen, University of Toronto
Book Synopsis The Economics of Immigration by : Cynthia Bansak
Download or read book The Economics of Immigration written by Cynthia Bansak and published by Routledge. This book was released on 2015-04-24 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics of Immigration provides students with the tools needed to examine the economic impact of immigration and immigration policies over the past century. Students will develop an understanding of why and how people migrate across borders and will learn how to analyze the economic causes and effects of immigration. The main objectives of the book are for students to understand the decision to migrate; to understand the impact of immigration on markets and government budgets; and to understand the consequences of immigration policies in a global context. From the first chapter, students will develop an appreciation of the importance of immigration as a separate academic field within labor economics and international economics. Topics covered include the effect of immigration on labor markets, housing markets, international trade, tax revenues, human capital accumulation, and government fiscal balances. The book also considers the impact of immigration on what firms choose to produce, and even on the ethnic diversity of restaurants and on financial markets, as well as the theory and evidence on immigrants’ economic assimilation. The textbook includes a comparative study of immigration policies in a number of immigrant-receiving and sending countries, beginning with the history of immigration policy in the United States. Finally, the book explores immigration topics that directly affect developing countries, such as remittances, brain drain, human trafficking, and rural-urban internal migration. Readers will also be fully equipped with the tools needed to understand and contribute to policy debates on this controversial topic. This is the first textbook to comprehensively cover the economics of immigration, and it is suitable both for economics students and for students studying migration in other disciplines, such as sociology and politics.
Book Synopsis My (Underground) American Dream by : Julissa Arce
Download or read book My (Underground) American Dream written by Julissa Arce and published by Center Street. This book was released on 2016-09-13 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: A National Bestseller! What does an undocumented immigrant look like? What kind of family must she come from? How could she get into this country? What is the true price she must pay to remain in the United States? JULISSA ARCE knows firsthand that the most common, preconceived answers to those questions are sometimes far too simple-and often just plain wrong. On the surface, Arce's story reads like a how-to manual for achieving the American dream: growing up in an apartment on the outskirts of San Antonio, she worked tirelessly, achieved academic excellence, and landed a coveted job on Wall Street, complete with a six-figure salary. The level of professional and financial success that she achieved was the very definition of the American dream. But in this brave new memoir, Arce digs deep to reveal the physical, financial, and emotional costs of the stunning secret that she, like many other high-achieving, successful individuals in the United States, had been forced to keep not only from her bosses, but even from her closest friends. From the time she was brought to this country by her hardworking parents as a child, Arce-the scholarship winner, the honors college graduate, the young woman who climbed the ladder to become a vice president at Goldman Sachs-had secretly lived as an undocumented immigrant. In this surprising, at times heart-wrenching, but always inspirational personal story of struggle, grief, and ultimate redemption, Arce takes readers deep into the little-understood world of a generation of undocumented immigrants in the United States today- people who live next door, sit in your classrooms, work in the same office, and may very well be your boss. By opening up about the story of her successes, her heartbreaks, and her long-fought journey to emerge from the shadows and become an American citizen, Arce shows us the true cost of achieving the American dream-from the perspective of a woman who had to scale unseen and unimaginable walls to get there.
Book Synopsis Mexican Immigration to the United States by : George J. Borjas
Download or read book Mexican Immigration to the United States written by George J. Borjas and published by University of Chicago Press. This book was released on 2007-11-01 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: From debates on Capitol Hill to the popular media, Mexican immigrants are the subject of widespread controversy. By 2003, their growing numbers accounted for 28.3 percent of all foreign-born inhabitants of the United States. Mexican Immigration to the United States analyzes the astonishing economic impact of this historically unprecedented exodus. Why do Mexican immigrants gain citizenship and employment at a slower rate than non-Mexicans? Does their migration to the U.S. adversely affect the working conditions of lower-skilled workers already residing there? And how rapid is the intergenerational mobility among Mexican immigrant families? This authoritative volume provides a historical context for Mexican immigration to the U.S. and reports new findings on an immigrant influx whose size and character will force us to rethink economic policy for decades to come. Mexican Immigration to the United States will be necessary reading for anyone concerned about social conditions and economic opportunities in both countries.
Download or read book For a New West written by Karl Polanyi and published by John Wiley & Sons. This book was released on 2014-11-10 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: At a recent meeting of the World Economic Forum in Davos, it was reported that a ghost was haunting the deliberations of the assembled global elite - that of the renowned social scientist and economic historian, Karl Polanyi. In his classic work, The Great Transformation, Polanyi documented the impact of the rise of market society on western civilization and captured better than anyone else the destructive effects of the economic, political and social crisis of the 1930s. Today, in the throes of another Great Recession, Polanyi’s work has gained a new significance. To understand the profound challenges faced by our democracies today, we need to revisit history and revisit his work. In this new collection of unpublished texts - lectures, draft essays and reports written between 1919 and 1958 - Polanyi examines the collapse of the liberal economic order and the demise of democracies in the inter-war years. He takes up again the fundamental question that preoccupied him throughout his work - the place of the economy in society - and aims to show how we might return to an economy anchored in society and its cultural, religious and political institutions. For anyone concerned about the danger to democracy and social life posed by the unleashing of capital from regulatory control and the dominance of the neoliberal ideologies of market fundamentalism, this important new volume by one of the great thinkers of the twentieth century is a must-read.