Joseph Stiglitzs Whither Socialism An Anti Hayekian Manifesto

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Socialism after Hayek

Author : Theodore A. Burczak
Publisher : University of Michigan Press
ISBN 13 : 0472024302
Total Pages : 182 pages
Book Rating : 4.4/5 (72 download)

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Book Synopsis Socialism after Hayek by : Theodore A. Burczak

Download or read book Socialism after Hayek written by Theodore A. Burczak and published by University of Michigan Press. This book was released on 2009-12-10 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Socialism after Hayek recasts and reinvigorates the socialist quest for class justice by rendering it compatible with Hayek's social and economic theories. Theodore A. Burczak puts forth a conception of socialism from a postmodern perspective, drawing from the apparently opposing ideas of Marx and Hayek (the latter of whom achieved worldwide recognition in the twentieth century as a champion of the free market and fierce opponent of government interference in markets). Burczak sketches an institutional structure that would promote a democratic socialist notion of distributive justice and his own interpretation of Marx's notion of freely associated labor, while avoiding Hayek's criticisms of centrally planned socialism. Burczak's version of market socialism is one in which privately owned firms are run democratically by workers, governments engage in ongoing redistribution of wealth to support human development, and markets are otherwise unregulated. Burczak poses this model of "free market socialism" against other models of socialism, especially those developed by John Roemer, Michael Albert, and Robin Hahnel.

Friedrich A. Hayek

Author : John Cunningham Wood
Publisher : Taylor & Francis US
ISBN 13 : 9780415310581
Total Pages : 398 pages
Book Rating : 4.3/5 (15 download)

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Book Synopsis Friedrich A. Hayek by : John Cunningham Wood

Download or read book Friedrich A. Hayek written by John Cunningham Wood and published by Taylor & Francis US. This book was released on 2004 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hayek's work continues to have a huge influence and this collection will chart the various responses to his work up to the present day, addressing the many and multifaceted contributions that his work has made to the study of economics.

Whither Socialism?

Author : Joseph E. Stiglitz
Publisher : MIT Press
ISBN 13 : 9780262691826
Total Pages : 360 pages
Book Rating : 4.6/5 (918 download)

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Book Synopsis Whither Socialism? by : Joseph E. Stiglitz

Download or read book Whither Socialism? written by Joseph E. Stiglitz and published by MIT Press. This book was released on 1996-01-31 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid collapse of socialism has raised new economic policy questions and revived old theoretical issues. In this book, Joseph Stiglitz explains how the neoclassical, or Walrasian model (the formal articulation of Adam Smith's invisible hand), which has dominated economic thought over the past half century, may have wrongly encouraged the belief that market socialism could work. Stiglitz proposes an alternative model, based on the economics of information, that provides greater theoretical insight into the workings of a market economy and clearer guidance for the setting of policy in transitional economies. Stiglitz sees the critical failing in the standard neoclassical model underlying market socialism to be its assumptions concerning information, particularly its failure to consider the problems that arise from lack of perfect information and from the costs of acquiring information. He also identifies problems arising from its assumptions concerning completeness of markets, competitiveness of markets, and the absence of innovation. Stiglitz argues that not only did the existing paradigm fail to provide much guidance on the vital question of the choice of economic systems, the advice it did provide was often misleading.

Rethinking Liberal Equality

Author : Andrew Levine
Publisher : Cornell University Press
ISBN 13 : 9780801435430
Total Pages : 168 pages
Book Rating : 4.4/5 (354 download)

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Book Synopsis Rethinking Liberal Equality by : Andrew Levine

Download or read book Rethinking Liberal Equality written by Andrew Levine and published by Cornell University Press. This book was released on 1998 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: By intervening sympathetically but critically into several ongoing debates initiated by Rawls's work, Andrew Levine suggests the possibility of a supra-liberal egalitarian political philosophy that incorporates the insights of recent developments in liberal theory, while reinvigorating the political vision of the historical Left.

Socialism and the Market: The natural economy

Author : Peter J. Boettke
Publisher : Taylor & Francis
ISBN 13 : 9780415195874
Total Pages : 640 pages
Book Rating : 4.1/5 (958 download)

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Book Synopsis Socialism and the Market: The natural economy by : Peter J. Boettke

Download or read book Socialism and the Market: The natural economy written by Peter J. Boettke and published by Taylor & Francis. This book was released on 2000 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Banking on Death

Author : Robin Blackburn
Publisher : Verso Books
ISBN 13 : 1789609232
Total Pages : 497 pages
Book Rating : 4.7/5 (896 download)

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Book Synopsis Banking on Death by : Robin Blackburn

Download or read book Banking on Death written by Robin Blackburn and published by Verso Books. This book was released on 2020-05-05 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: Banking on Death offers a panoramic view of the history and future of pension provision. A work of unique scope, it traces the origins and development of the pension idea, from the days of the French Revolution to the troubles of the modern welfare state. As we live longer, employers are closing their pension schemes and many claim that public treasuries will not be able to cope with the retirement of the babyboomers. Banking on Death analyses the challenge facing public schemes and the malfunctioning of private retirement provision, concluding with a bold proposal for how to pay for decent pensions for all. Robin Blackburn argues that pension funds have been depleted by wasteful promotion and used as gambling chips by ruthless and overpaid top executives. This is the world of 'grey capitalism,' where employees' savings are sequestrated from them and pressed into the service of corporate aggrandisement. Even the best companies find it hard to run a business and a pension fund at the same time-especially when the latter is larger than the former. The fund managers' notorious short-termism and herd instinct, and their failure to curb the greed and irresponsibility of the corporate elite, lead to obscene inequalities and a blighted social landscape. The pension privatisation lobby, Blackburn shows, has lost major battles in France and Germany, the United States and Italy, because of the popular fears it evokes. And the case for privatisation looks intellectually threadbare after withering critiques from such notable theorists as Joseph Stiglitz and Pierre Bourdieu. Banking on Death shows that pensions are political dynamite, and have undone governments from France and Italy to Argentina. Popular outcries led Reagan, Clinton, and Blair to change tack: will this happen to George W. Bush too? Blackburn argues that the ageing society will generate increased costs but, so long as the new life course is properly financed, all age groups will gain. He proposes a public regime of asset-based welfare, drawing on the ideas of John Maynard Keynes and Rudolf Meidner, that could ensure secondary pensions for all and foster a more responsible, egalitarian and humane pattern of economic development.

Big Ideas in Macroeconomics

Author : Kartik B. Athreya
Publisher : MIT Press
ISBN 13 : 0262019736
Total Pages : 429 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Big Ideas in Macroeconomics by : Kartik B. Athreya

Download or read book Big Ideas in Macroeconomics written by Kartik B. Athreya and published by MIT Press. This book was released on 2013-12-27 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible description of modern macroeconomics, and a defense of its policy relevance.

The Legacy of Friedrich Von Hayek

Author : Peter J. Boettke
Publisher : Edward Elgar Publishing
ISBN 13 : 9781858982991
Total Pages : 456 pages
Book Rating : 4.9/5 (829 download)

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Book Synopsis The Legacy of Friedrich Von Hayek by : Peter J. Boettke

Download or read book The Legacy of Friedrich Von Hayek written by Peter J. Boettke and published by Edward Elgar Publishing. This book was released on 1999 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: The three volumes on the economist/humanist, Friedrich von Hayek (1900-92) are divided into politics (v.1), philosophy (v.2), and economics (v.3), areas which Hayek attempted to interweave. The set begins with a general introduction in which Boettke maintains that Hayek is narrowly remembered for his opposition to socialism despite his Nobel Prize for economics (1974) and his scholarship in theoretical psychology, political philosophy, legal anthropology, the philosophy of science, and the history of ideas. Boettke describes Hayek this way: "... a technical economist, concerned with philosophical issues; a philosopher of mind, pursuing the implications of his conclusions on the nature of the mind for social scientific research; and a classical liberal political economist seeking to integrate the knowledge from technical economics and philosophy for the way we understand and study the political order of a free people." The introduction, ending with a chronology of Hayek's career, and a chronological list of his publications is followed by a total of 72 reprinted articles from the 1960s to the 1990s by scholars with only their professional association listed. Contributors include M. Polanyi, Carlo Zappia, Israel M. Kirzner, Mario Rizzo, John Gray, Jacob Viner, Richard Bellamy and numerous others. Annotation copyrighted by Book News, Inc., Portland, OR

Book Review Digest

Author :
Publisher :
ISBN 13 :
Total Pages : 2712 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Book Review Digest by :

Download or read book Book Review Digest written by and published by . This book was released on 1997 with total page 2712 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Post-Marxism and the Middle East

Author : Faleh A. Jabar
Publisher :
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Post-Marxism and the Middle East by : Faleh A. Jabar

Download or read book Post-Marxism and the Middle East written by Faleh A. Jabar and published by . This book was released on 1997 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The demise of the Soviet Union and the fall of communism has had a particular profound and traumatic effect on the Arab world and its intellectuals. They have now had to reposition themselves within an entirely new geopolitical context (previously, they had seen the world in terms of two power blocs, with most of the aid and ideological support coming from the communist world).

Marx's Revenge

Author : Meghnad Desai
Publisher : Verso
ISBN 13 : 9781859844298
Total Pages : 388 pages
Book Rating : 4.8/5 (442 download)

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Book Synopsis Marx's Revenge by : Meghnad Desai

Download or read book Marx's Revenge written by Meghnad Desai and published by Verso. This book was released on 2004-05-17 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the triumphant resurgence of capitalism, the one thinker who is vindicated is Karl Marx.

Alternative Press Index

Author :
Publisher :
ISBN 13 :
Total Pages : 662 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Alternative Press Index by :

Download or read book Alternative Press Index written by and published by . This book was released on 1996 with total page 662 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Great Transformation

Author : Karl Polanyi
Publisher : Amereon Limited
ISBN 13 : 9780848817114
Total Pages : 0 pages
Book Rating : 4.8/5 (171 download)

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Book Synopsis The Great Transformation by : Karl Polanyi

Download or read book The Great Transformation written by Karl Polanyi and published by Amereon Limited. This book was released on 2000-09-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Undoing the Demos

Author : Wendy Brown
Publisher : MIT Press
ISBN 13 : 1935408704
Total Pages : 297 pages
Book Rating : 4.9/5 (354 download)

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Book Synopsis Undoing the Demos by : Wendy Brown

Download or read book Undoing the Demos written by Wendy Brown and published by MIT Press. This book was released on 2015-02-13 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tracing neoliberalism's devastating erosions of democratic principles, practices, and cultures. Neoliberal rationality—ubiquitous today in statecraft and the workplace, in jurisprudence, education, and culture—remakes everything and everyone in the image of homo oeconomicus. What happens when this rationality transposes the constituent elements of democracy into an economic register? In Undoing the Demos, Wendy Brown explains how democracy itself is imperiled. The demos disintegrates into bits of human capital; concerns with justice bow to the mandates of growth rates, credit ratings, and investment climates; liberty submits to the imperative of human capital appreciation; equality dissolves into market competition; and popular sovereignty grows incoherent. Liberal democratic practices may not survive these transformations. Radical democratic dreams may not either. In an original and compelling argument, Brown explains how and why neoliberal reason undoes the political form and political imaginary it falsely promises to secure and reinvigorate. Through meticulous analyses of neoliberalized law, political practices, governance, and education, she charts the new common sense. Undoing the Demos makes clear that for democracy to have a future, it must become an object of struggle and rethinking.

Kalecki's Economics Today

Author : Zdzislaw Sadowski
Publisher : Routledge
ISBN 13 : 113442227X
Total Pages : 296 pages
Book Rating : 4.1/5 (344 download)

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Book Synopsis Kalecki's Economics Today by : Zdzislaw Sadowski

Download or read book Kalecki's Economics Today written by Zdzislaw Sadowski and published by Routledge. This book was released on 2003-11-27 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Michael Kalecki was a Polish economist who independently discovered many of the key concepts of what is now identified as Keynesian theory. His contribution to macroeconomics was late in being acknowledged, but his work can be seen to have resounding influence on some of today's economic problems. The analyses presented in this book serve to scruti

The Making and Circulation of Nordic Models, Ideas and Images

Author : Haldor Byrkjeflot
Publisher : Routledge
ISBN 13 : 1000504034
Total Pages : 306 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis The Making and Circulation of Nordic Models, Ideas and Images by : Haldor Byrkjeflot

Download or read book The Making and Circulation of Nordic Models, Ideas and Images written by Haldor Byrkjeflot and published by Routledge. This book was released on 2021-10-19 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: This critical and empirically based volume examines the multiple existing Nordic models, providing analytically innovative attention to the multitude of circulating ideas, images and experiences referred to as "Nordic". It addresses related paradoxes as well as patterns of circulation, claims about the exceptionality of Nordic models, and the diffusion and impact of Nordic experiences and ideas. Providing original case studies, the book further examines how the Nordic models have been constructed, transformed and circulated in time and in space. It investigates the actors and channels that have been involved in circulating models: journalists and media, bureaucrats and policy-makers, international organizations, national politicians and institutions, scholars, public diplomats and analyses where and why models have travelled. Finally, the book shows that Nordic models, perspectives, or ideas do not always originate in the Nordic region, nor do they always develop as deliberate efforts to promote Nordic interests. This book will be of key interest to Nordic and Scandinavian studies, European studies, and more broadly to history, sociology, political science, marketing, social policy, organizational theory and public management. The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Private Governance

Author : Edward Peter Stringham
Publisher : Oxford University Press
ISBN 13 : 0199366128
Total Pages : 297 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis Private Governance by : Edward Peter Stringham

Download or read book Private Governance written by Edward Peter Stringham and published by Oxford University Press. This book was released on 2015-06-01 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the first stock markets of Amsterdam,London, and New York to the billions of electronic commerce transactions today, privately produced and enforced economic regulations are more common, more effective, and more promising than commonly considered. In Private Governance, prominent economist Edward Stringham presents case studies of the various forms of private enforcement, self-governance, or self-regulation among private groups or individuals that fill a void that government enforcement cannot. Through analytical narratives the book provides a close examination of the world's first stock markets, key elements of which were unenforceable by law; the community of Celebration, Florida, and other private communities that show how public goods can be bundled with land and provided more effectively; and the millions of credit-card transactions that occur daily and are regulated by private governance. Private Governance ultimately argues that while potential problems of private governance, such as fraud, are pervasive, so are the solutions it presents, and that much of what is orderly in the economy can be attributed to private groups and individuals. With meticulous research, Stringham demonstrates that private governance is a far more common source of order than most people realize, and that private parties have incentives to devise different mechanisms for eliminating unwanted behavior. Private Governance documents numerous examples of private order throughout history to illustrate how private governance is more resilient to internal and external pressure than is commonly believed. Stringham discusses why private governance has economic and social advantages over relying on government regulations and laws, and explores the different mechanisms that enable private governance, including sorting, reputation, assurance, and other bonding mechanisms. Challenging and rigorously-written, Private Governance will make a compelling read for those with an interest in economics, political philosophy, and the history of current Wall Street regulations.