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Prelude To Political Economy
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Book Synopsis Prelude to Political Economy by : Kaushik Basu
Download or read book Prelude to Political Economy written by Kaushik Basu and published by Oxford University Press, USA. This book was released on 2000 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume aims to understand why some economies succeed and some fail, and why some communities prosper while others stagnate, so economics must be seen as embedded in politics and society. It is a study of this embeddedness.
Book Synopsis Prelude to Political Economy by : Kaushik Basu
Download or read book Prelude to Political Economy written by Kaushik Basu and published by . This book was released on 2000 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume aims to understand why some economies succeed and some fail, and why some communities prosper while others stagnate, so economics must be seen as embedded in politics and society. It is a study of this embeddedness.
Book Synopsis Production of Commodities by Means of Commodities by : Piero Sraffa
Download or read book Production of Commodities by Means of Commodities written by Piero Sraffa and published by CUP Archive. This book was released on 1960 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: First paperback edition, 1975.
Book Synopsis A Prelude to the Welfare State by : Price V. Fishback
Download or read book A Prelude to the Welfare State written by Price V. Fishback and published by University of Chicago Press. This book was released on 2000 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Workers' compensation was arguably the first widespread social insurance program in the United States--before social security, Medicare, or unemployment insurance--and the most successful form of labor legislation to emerge from the early progressive movement. In A Prelude to the Welfare State, Price V. Fishback and Shawn Everett Kantor challenge widespread historical perceptions by arguing that workers' compensation, rather than being an early progressive victory, succeeded because all relevant parties--labor and management, insurance companies, lawyers, and legislators--benefited from the ruling.
Book Synopsis Beyond the Invisible Hand by : Kaushik Basu
Download or read book Beyond the Invisible Hand written by Kaushik Basu and published by Princeton University Press. This book was released on 2010-10-25 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why economics needs to focus on fairness and not just efficiency One of the central tenets of mainstream economics is Adam Smith's proposition that, given certain conditions, self-interested behavior by individuals leads them to the social good, almost as if orchestrated by an invisible hand. This deep insight has, over the past two centuries, been taken out of context, contorted, and used as the cornerstone of free-market orthodoxy. In Beyond the Invisible Hand, Kaushik Basu argues that mainstream economics and its conservative popularizers have misrepresented Smith's insight and hampered our understanding of how economies function, why some economies fail and some succeed, and what the nature and role of state intervention might be. Comparing this view of the invisible hand with the vision described by Kafka—in which individuals pursuing their atomistic interests, devoid of moral compunction, end up creating a world that is mean and miserable—Basu argues for collective action and the need to shift our focus from the efficient society to one that is also fair. Using analytic tools from mainstream economics, the book challenges some of the precepts and propositions of mainstream economics. It maintains that, by ignoring the role of culture and custom, traditional economics promotes the view that the current system is the only viable one, thereby serving the interests of those who do well by this system. Beyond the Invisible Hand challenges readers to fundamentally rethink the assumptions underlying modern economic thought and proves that a more equitable society is both possible and sustainable, and hence worth striving for. By scrutinizing Adam Smith's theory, this impassioned critique of contemporary mainstream economics debunks traditional beliefs regarding best economic practices, self-interest, and the social good.
Book Synopsis The Making of Modern Finance by : Samuel Knafo
Download or read book The Making of Modern Finance written by Samuel Knafo and published by Routledge. This book was released on 2013-07-03 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Making of Modern Finance is a path-breaking study of the construction of liberal financial governance and demonstrates how complex forms of control by the state profoundly transformed the nature of modern finance. Challenging dominant theoretical conceptions of liberal financial governance in international political economy, this book argues that liberal economic governance is too often perceived as a passive form of governance. It situates the gold standard in relation to practices of monetary governance which preceded it, tracing the evolution of monetary governance from the late middle Ages to show how the 19th century gold standard transformed the way states relate to finance. More specifically, Knafo demonstrates that the institutions of the gold standard helped to put in place instruments of modern monetary policy that are usually associated with central banking and argues that the gold standard was a prelude to Keynesian policies rather than its antithesis. The author reveals that these state interventions played a vital role in the rise of modern financial techniques which emerged in the late 18th and 19th century and served as the foundation for contemporary financial systems. This book will be of strong interest to students and scholars of international political economy, economic history and historical sociology. It will appeal to those interested in monetary and financial history, the modern state, liberal governance, and varieties of capitalism.
Book Synopsis The Republic of Beliefs by : Kaushik Basu
Download or read book The Republic of Beliefs written by Kaushik Basu and published by Princeton University Press. This book was released on 2020-12-08 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: "[This book] argues that the traditional economic analysis of the law has significant flaws and has failed to answer certain critical questions satisfactorily. Why are good laws drafted but never implemented? When laws are unenforced, is it a failure of the law or the enforcers? And, most important, considering that laws are simply words on paper, why are they effective? Basu offers a provocative alternative to how the relationship between economics and real-world law enforcement should be understood. Basu summarizes standard, neoclassical law and economics before looking at the weaknesses underlying the discipline. Bringing modern game theory to bear, he develops a 'focal point' approach, modeling not just the self-interested actions of the citizens who must follow laws but also the functionaries of the state: the politicians, judges, and bureaucrats enforcing them. He demonstrates the connections between social norms and the law and shows how well conceived ideas can change and benefit human behavior. For example, bribe givers and takers will collude when they are treated equally under the law. And in food support programs, vouchers should be given directly to the poor to prevent shop owners from selling subsidized rations on the open market. Basu provides a new paradigm for the ways that law and economics interact: a framework applicable to both less developed countries and the developed world"--Jacket.
Book Synopsis Prelude to Civil War by : William W. Freehling
Download or read book Prelude to Civil War written by William W. Freehling and published by Oxford University Press, USA. This book was released on 1992 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fresh analysis revises many previous theories on origins & significance of the nullification controversy.
Book Synopsis Government and the American Economy by : Price V. Fishback
Download or read book Government and the American Economy written by Price V. Fishback and published by University of Chicago Press. This book was released on 2008-09-15 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: The American economy has provided a level of well-being that has consistently ranked at or near the top of the international ladder. A key source of this success has been widespread participation in political and economic processes. In The Government and the American Economy, leading economic historians chronicle the significance of America’s open-access society and the roles played by government in its unrivaled success story. America’s democratic experiment, the authors show, allowed individuals and interest groups to shape the structure and policies of government, which, in turn, have fostered economic success and innovation by emphasizing private property rights, the rule of law, and protections of individual freedom. In response to new demands for infrastructure, America’s federal structure hastened development by promoting the primacy of states, cities, and national governments. More recently, the economic reach of American government expanded dramatically as the populace accepted stronger limits on its economic freedoms in exchange for the increased security provided by regulation, an expanded welfare state, and a stronger national defense.
Book Synopsis The Local Politics of Global Sustainability by : Thomas Prugh
Download or read book The Local Politics of Global Sustainability written by Thomas Prugh and published by Island Press. This book was released on 1999-12-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most difficult questions of sustainability are not about technology; they are about values. Answers to such questions cannot be found by asking the "experts," but can only be resolved in the political arena. In The Local Politics of Global Sustainability, author Thomas Prugh, with Robert Costanza and Herman Daly, two ofthe leading thinkers in the field of ecological economics, explore the kind of politics that can help enable us to achieve a sustainable world of our choice, rather than one imposed by external forces. The authors begin by considering the biophysical and economic dimensions of the environmental crisis, and tracing the crisis in political discourse and our public lives to its roots. They then offer an in-depth examination of the elements of a re-energized political system that could lead to the development of more sustainable communities. Based on a type of self-governance that political scientist Benjamin Barber calls "strong democracy," the politics is one of engagement rather than consignment, empowering citizens by directly involving them in community decisionmaking. After describing how it should work, the authors provide examples of communities that are experimenting with various features of strong democratic systems. The Local Politics of Global Sustainability explains in engaging, accessible prose the crucial biophysical, economic, and social issues involved with achieving sustainability. It offers a readable exploration of the political implications of ecological economics and will be an essential work for anyone involved in that field, as well as for students and scholars in environmental politics and policy, and anyone concerned with the theory and practical applications of the concept of sustainable development.
Download or read book The People written by Margaret Canovan and published by Polity. This book was released on 2005-09-16 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This groundbreaking study sets out to clarify one of the most influential but least studied of all political concepts. Despite continual talk of popular sovereignty, the idea of the people has been neglected by political theorists who have been deterred by its vagueness. Margaret Canovan argues that it deserves serious analysis, and that it's many ambiguities point to unresolved political issues. The book begins by charting the conflicting meanings of the people, especially in Anglo-American usage, and traces the concept's development from the ancient populus Romanus to the present day. The book's main purpose is, however, to analyse the political issues signalled by the people's ambiguities. In the remaining chapters, Margaret Canovan considers their theoretical and practical aspects: Where are the people's boundaries? Is people equivalent to nation, and how is it related to humanity - people in general? Populists aim to 'give power back to the people'; how is populism related to democracy? How can the sovereign people be an immortal collective body, but at the same time be us as individuals? Can we ever see that sovereign people in action? Political myths surround the figure of the people and help to explain its influence; should the people itself be regarded as fictional? This original and accessible study sheds a fresh light on debates about popular sovereignty, and will be an important resource for students and scholars of political theory.
Book Synopsis The Global Political Economy of Israel by : Jonathan Nitzan
Download or read book The Global Political Economy of Israel written by Jonathan Nitzan and published by Pluto Press. This book was released on 2002-08-20 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: The debate about globalisation and its discontents
Book Synopsis Critical Theory and the Critique of Political Economy by : Werner Bonefeld
Download or read book Critical Theory and the Critique of Political Economy written by Werner Bonefeld and published by A&C Black. This book was released on 2014-05-08 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Subversive thought is none other than the cunning of reason when confronted with a social reality in which the poor and miserable are required to sustain the illusion of fictitious wealth. Yet, this subsidy is absolutely necessary in existing society, to prevent its implosion. The critique of political economy is a thoroughly subversive business. It rejects the appearance of economic reality as a natural thing, argues that economy has not independent existence, expounds economy as political economy, and rejects as conformist rebellion those anti-capitalist perspectives that derive their rationality from the existing conceptuality of society. Subversion focuses on human conditions. Its critical subject is society unaware of itself. This book develops Marx's critique of political economy as negative theory of society. It does not conform to the patterns of the world and demands that society rids itself of all the muck of ages and founds itself anew.
Book Synopsis The Handbook of Diverse Economies by : J.K. Gibson-Graham
Download or read book The Handbook of Diverse Economies written by J.K. Gibson-Graham and published by Edward Elgar Publishing. This book was released on 2020-02-28 with total page 567 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic diversity abounds in a more-than-capitalist world, from worker-recuperated cooperatives and anti-mafia social enterprises to caring labour and the work of Earth Others, from fair trade and social procurement to community land trusts, free universities and Islamic finance. The Handbook of Diverse Economies presents research that inventories economic difference as a prelude to building ethical ways of living on our dangerously degraded planet. With contributing authors from twenty countries, it presents new thinking around subjectivity and methodology as strategies for making other worlds possible.
Book Synopsis Classical Political Economics and Modern Capitalism by : Lefteris Tsoulfidis
Download or read book Classical Political Economics and Modern Capitalism written by Lefteris Tsoulfidis and published by Springer Nature. This book was released on 2019-09-05 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book promotes an in-depth understanding of the key mechanisms that govern the functioning of capitalist economies, pursuing a Classical Political Economics approach to do so. It explores central theoretical issues addressed by the classical economists Smith and Ricardo, as well as Marx, while also operationalizing more recent theoretical developments inspired by the works of Sraffa and other modern classical economists, using actual data from major economies. On the basis of this approach, the book subsequently provides alternative explanations for various microeconomic issues such as the determination of equilibrium prices and their movement induced by changes in income distribution; the dynamics of competition of firms within and between industries; the law of tendential equalization of interindustry profit rates; and international exchanges and transfers of value; as well as macroeconomic issues concerning capital accumulation and cyclical economic growth. Given its scope, the book will benefit all researchers, students, and policymakers seeking new explanations for observed phenomena and interested in the mechanisms that give rise to surface economic categories, such as prices, profits, the unemployment rate, interest rates, and long economic cycles.
Download or read book Tea War written by Andrew B. Liu and published by Yale University Press. This book was released on 2020-04-14 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: A history of capitalism in nineteenth‑ and twentieth‑century China and India that explores the competition between their tea industries “Tea War is not only a detailed comparative history of the transformation of tea production in the 19th and early 20th centuries, but it also intervenes in larger debates about the nature of capitalism, global modernity, and global history.”— Alexander F. Day, Occidental College Tea remains the world’s most popular commercial drink today, and at the turn of the twentieth century, it represented the largest export industry of both China and colonial India. In analyzing the global competition between Chinese and Indian tea, Andrew B. Liu challenges past economic histories premised on the technical “divergence” between the West and the Rest, arguing instead that seemingly traditional technologies and practices were central to modern capital accumulation across Asia. He shows how competitive pressures compelled Chinese merchants to adopt abstract industrial conceptions of time, while colonial planters in India pushed for labor indenture laws to support factory-style tea plantations. Characterizations of China and India as premodern backwaters, he explains, were themselves the historical result of new notions of political economy adopted by Chinese and Indian nationalists, who discovered that these abstract ideas corresponded to concrete social changes in their local surroundings. Together, these stories point toward a more flexible and globally oriented conceptualization of the history of capitalism in China and India.
Book Synopsis The Value of Marx by : Alfredo Saad Filho
Download or read book The Value of Marx written by Alfredo Saad Filho and published by Routledge. This book was released on 2001-11-29 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Karl Marx's writings provide a uniquely insightful explanation of the inner workings of capitalism, which other schools of thought generally have difficulty explaining. From this vantage point, Marx's works can help to explain important features and economic problems of our age, and the limits of their possible solutions. For example, the necessity
