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Rethinking Economics Starting From The Commons
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Book Synopsis Rethinking Economics Starting from the Commons by : Valentina Rotondi
Download or read book Rethinking Economics Starting from the Commons written by Valentina Rotondi and published by Springer Nature. This book was released on 2023-02-20 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes a new approach to economics, starting from the commons and based on the Economy of Francesco (EoF), a worldwide movement of young people who aim to change the current economic models and working towards a fair, sustainable, and inclusive economic system. EoF was convened by Pope Francis and is inspired by the example of St. Francis of Assisi, featuring Franciscan economic roots and institutions, as well as theories of the social sciences. The authors raise and answer several important questions throughout the volume, such as: What if the economic courses taught in the universities across the globe focused their attention on the topics of the commons rather than on private goods? What if social businesses, rather than being considered as a hybrid form of businesses, became the normal approach, and ethical and green finance ruled over the standard financial sector? Is it possible to move away from the primacy of the consumers to the preeminence of ethical consumers who express their preferences for an inclusive, sustainable, and workers-friendly economic system with their daily choices? Using a unique approach, the book includes the contributions of prominent scholars which are integrated and discussed by young international scholars, providing a fresh analysis with a glance of hope for the future. The book is a must-read for students, scholars, and researchers of economics and related disciplines interested in alternatives to the current economic mainstream in general, and the Economy of Francesco in particular.
Book Synopsis Rethinking Economics by : Liliann Fischer
Download or read book Rethinking Economics written by Liliann Fischer and published by Routledge. This book was released on 2017-09-22 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics is a broad and diverse discipline, but most economics textbooks only cover one way of thinking about the economy. This book provides an accessible introduction to nine different approaches to economics: from feminist to ecological and Marxist to behavioural. Each chapter is written by a leading expert in the field described and is intended to stand on its own as well as providing an ambitious survey that seeks to highlight the true diversity of economic thought. Students of economics around the world have begun to demand a more open economics education. This book represents a first step in creating the materials needed to introduce new and diverse ideas into the static world of undergraduate economics. This book will provide context for undergraduate students by placing the mainstream of economic thought side by side with more heterodox schools. This is in keeping with the Rethinking Economics campaign which argues that students are better served when they are presented with a spectrum of economic ideas rather than just the dominant paradigm. Rethinking Economics: An Introduction to Pluralist Economics is a great entry-level economics textbook for lecturers looking to introduce students to the broader range of ideas explored within the economics profession. It is also appropriate and accessible for people outside of academia who are interested in economics and economic theory.
Book Synopsis A Modern Guide to Rethinking Economics by : Louis-Philippe Rochon
Download or read book A Modern Guide to Rethinking Economics written by Louis-Philippe Rochon and published by Edward Elgar Publishing. This book was released on 2017-04-28 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the beginning of the 21st century, there has been an unprecedented move towards ‘rethinking economics’. This book contributes to this worldwide discussion by providing readers at all levels with thoughtful contributions on a range of economic topics. The book includes chapters on rethinking fiscal and monetary policies, international trade, the role of the state, money, growth, the environment, development policies, energy, healthcare and more. Written by top experts in their respective fields, this book will be useful to students and faculty who want to not only rethink economics, but also to offer an alternative and coherent economic analysis to the orthodoxy.
Book Synopsis Economics for the Common Good by : Jean Tirole
Download or read book Economics for the Common Good written by Jean Tirole and published by Princeton University Press. This book was released on 2019-05-14 with total page 582 pages. Available in PDF, EPUB and Kindle. Book excerpt: "When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a 'dismal science,' is a positive force for the common good. Economists are rewarded for writing technical papers in scholarly journals, not joining in public debates. But Tirole says we urgently need economists to engage with the many challenges facing society, helping to identify our key objectives and the tools needed to meet them. To show how economics can help us realize the common good, Tirole shares his insights on a broad array of questions affecting our everyday lives and the future of our society, including global warming, unemployment, the post-2008 global financial order, the euro crisis, the digital revolution, innovation, and the proper balance between the free market and regulation. Providing a rich account of how economics can benefit everyone, Economics for the Common Good sets a new agenda for the role of economics in society"--Provided by publisher.
Download or read book The Blue Commons written by Guy Standing and published by Penguin UK. This book was released on 2022-07-07 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: A FINANCIAL TIMES BEST ECONOMICS BOOK OF 2022 'A landmark book... The Blue Commons is at once a brilliant synthesis, a searing analysis, and an inspiring call to action.' - David Bollier 'With remarkable erudition, passion and lyricism, Guy Standing commands the reader to wake up to the threat posed by rentier capitalism's violent policies for extraction, exploitation and depletion of that which is both common to us all, but also vital to our survival: the sea and all within it.' - Ann Pettifor 'Shines a bright light on the economy of the oceans, directing us brilliantly towards where a sustainable future lies.' - Danny Dorling 'This is a powerful, visionary book - essential reading for all who yearn for a better world.' - Jason Hickel The sea provides more than half the oxygen we breathe, food for billions of people and livelihoods for hundreds of millions. But giant corporations are plundering the world's oceans, aided by global finance and complicit states, following the neoliberal maxim of Blue Growth. The situation is dire: rampant exploitation and corruption now drive all aspects of the ocean economy, destroying communities, intensifying inequalities, and driving fish populations and other ocean life towards extinction. The Blue Commons is an urgent call for change, from a campaigning economist responsible for some of the most innovative solutions to inequality of recent times. From large nations bullying smaller nations into giving up eco-friendly fishing policies to the profiteering by the Crown Estate in commandeering much of the British seabed, the scale of the global problem is synthesised here for the first time, as well as a toolkit for all of us to rise up and tackle it. The oceans have been left out of calls for a Green New Deal but must be at the centre of the fight against climate change. How do we do it? By building a Blue Commons alternative: a transformative worldview and new set of proposals that prioritise the historic rights of local communities, the wellbeing of all people and, with it, the health of our oceans.
Book Synopsis Doughnut Economics by : Kate Raworth
Download or read book Doughnut Economics written by Kate Raworth and published by Chelsea Green Publishing. This book was released on 2018-03-08 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times. Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike. That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design. Named after the now-iconic “doughnut” image that Raworth first drew to depict a sweet spot of human prosperity (an image that appealed to the Occupy Movement, the United Nations, eco-activists, and business leaders alike), Doughnut Economics offers a radically new compass for guiding global development, government policy, and corporate strategy, and sets new standards for what economic success looks like. Raworth handpicks the best emergent ideas—from ecological, behavioral, feminist, and institutional economics to complexity thinking and Earth-systems science—to address this question: How can we turn economies that need to grow, whether or not they make us thrive, into economies that make us thrive, whether or not they grow? Simple, playful, and eloquent, Doughnut Economics offers game-changing analysis and inspiration for a new generation of economic thinkers.
Book Synopsis Rethinking Capitalism by : Michael Jacobs
Download or read book Rethinking Capitalism written by Michael Jacobs and published by John Wiley & Sons. This book was released on 2016-07-21 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Thought provoking and fresh - this book challenges how we think about economics.” Gillian Tett, Financial Times For further information about recent publicity events and media coverage for Rethinking Capitalism please visit http://marianamazzucato.com/rethinking-capitalism/ Western capitalism is in crisis. For decades investment has been falling, living standards have stagnated or declined, and inequality has risen dramatically. Economic policy has neither reformed the financial system nor restored stable growth. Climate change meanwhile poses increasing risks to future prosperity. In this book some of the world’s leading economists propose new ways of thinking about capitalism. In clear and compelling prose, each chapter shows how today’s deep economic problems reflect the inadequacies of orthodox economic theory and the failure of policies informed by it. The chapters examine a range of contemporary economic issues, including fiscal and monetary policy, financial markets and business behaviour, inequality and privatisation, and innovation and environmental change. The authors set out alternative economic approaches which better explain how capitalism works, why it often doesn’t, and how it can be made more innovative, inclusive and sustainable. Outlining a series of far-reaching policy reforms, Rethinking Capitalism offers a powerful challenge to mainstream economic debate, and new ideas to transform it.
Book Synopsis Rethinking Economics as Social Theory by : Richard E. Wagner
Download or read book Rethinking Economics as Social Theory written by Richard E. Wagner and published by Edward Elgar Publishing. This book was released on 2022-11-11 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking an innovative look at the origins of economics, this forward-thinking book relocates economics from a materialistic general theory of rational action into an idealistic theory of social organization and individual action. Adding new insightful analytical methods such as complexity theory, graph theory and computational modelling to the original insights of the Scottish Enlightenment, Richard E. Wagner explores economics in an ever-changing society, looking at the key civilizing processes and the important social questions.
Download or read book Economy Studies written by Sam de Muijnck and published by Amsterdam University Press. This book was released on 2021-12-03 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economy Studies project emerged from the worldwide movement to modernise economics education, spurred on by the global financial crisis of 2008, the climate crisis, and the COVID-19 pandemic. It envisions a wide variety of economics graduates and specialists, equipped with a broad toolkit, enabling them to collectively understand and help tackle the issues the world faces today. This is a practical guide for (re-)designing economics courses and programs. Based on a clear conceptual framework and ten flexible building blocks, this handbook offers refreshing ideas and practical suggestions to stimulate student engagement and critical thinking across a wide range of courses.
Book Synopsis Foundations of Real-World Economics by : John Komlos
Download or read book Foundations of Real-World Economics written by John Komlos and published by Routledge. This book was released on 2019-01-11 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization. This textbook demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand. This textbook offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching. Instead of clinging to an ideology that only enriched the 1%, Komlos sketches the outline of a capitalism with a human face, an economy in which people live contented lives with dignity instead of focusing on GNP.
Download or read book The Econocracy written by Joe Earle and published by Penguin UK. This book was released on 2017-07-06 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: A century ago, the idea of 'the economy' didn't exist. Now economics is the supreme ideology of our time, with its own rules and language. The trouble is, most of us can't speak it. This is damaging democracy. Dangerous agendas are hidden inside mathematical wrappers; controversial policies are presented as 'proven' by the models of economic 'science'. Government is being turned over to a publicly unaccountable technocratic elite. The Econocracy reveals that economics is too important to be left to the economists - and shows us how we can begin to participate more fully in the decisions which affect all our futures.
Book Synopsis The Zero Marginal Cost Society by : Jeremy Rifkin
Download or read book The Zero Marginal Cost Society written by Jeremy Rifkin and published by St. Martin's Press. This book was released on 2014-04-01 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Zero Marginal Cost Society, New York Times bestselling author Jeremy Rifkin describes how the emerging Internet of Things is speeding us to an era of nearly free goods and services, precipitating the meteoric rise of a global Collaborative Commons and the eclipse of capitalism. Rifkin uncovers a paradox at the heart of capitalism that has propelled it to greatness but is now taking it to its death—the inherent entrepreneurial dynamism of competitive markets that drives productivity up and marginal costs down, enabling businesses to reduce the price of their goods and services in order to win over consumers and market share. (Marginal cost is the cost of producing additional units of a good or service, if fixed costs are not counted.) While economists have always welcomed a reduction in marginal cost, they never anticipated the possibility of a technological revolution that might bring marginal costs to near zero, making goods and services priceless, nearly free, and abundant, and no longer subject to market forces. Now, a formidable new technology infrastructure—the Internet of things (IoT)—is emerging with the potential of pushing large segments of economic life to near zero marginal cost in the years ahead. Rifkin describes how the Communication Internet is converging with a nascent Energy Internet and Logistics Internet to create a new technology platform that connects everything and everyone. Billions of sensors are being attached to natural resources, production lines, the electricity grid, logistics networks, recycling flows, and implanted in homes, offices, stores, vehicles, and even human beings, feeding Big Data into an IoT global neural network. Prosumers can connect to the network and use Big Data, analytics, and algorithms to accelerate efficiency, dramatically increase productivity, and lower the marginal cost of producing and sharing a wide range of products and services to near zero, just like they now do with information goods. The plummeting of marginal costs is spawning a hybrid economy—part capitalist market and part Collaborative Commons—with far reaching implications for society, according to Rifkin. Hundreds of millions of people are already transferring parts of their economic lives to the global Collaborative Commons. Prosumers are plugging into the fledgling IoT and making and sharing their own information, entertainment, green energy, and 3D-printed products at near zero marginal cost. They are also sharing cars, homes, clothes and other items via social media sites, rentals, redistribution clubs, and cooperatives at low or near zero marginal cost. Students are enrolling in free massive open online courses (MOOCs) that operate at near zero marginal cost. Social entrepreneurs are even bypassing the banking establishment and using crowdfunding to finance startup businesses as well as creating alternative currencies in the fledgling sharing economy. In this new world, social capital is as important as financial capital, access trumps ownership, sustainability supersedes consumerism, cooperation ousts competition, and "exchange value" in the capitalist marketplace is increasingly replaced by "sharable value" on the Collaborative Commons. Rifkin concludes that capitalism will remain with us, albeit in an increasingly streamlined role, primarily as an aggregator of network services and solutions, allowing it to flourish as a powerful niche player in the coming era. We are, however, says Rifkin, entering a world beyond markets where we are learning how to live together in an increasingly interdependent global Collaborative Commons.
Book Synopsis Rethinking the Economics of Land and Housing by : Josh Ryan-Collins
Download or read book Rethinking the Economics of Land and Housing written by Josh Ryan-Collins and published by Zed Books Ltd.. This book was released on 2017-02-28 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land? In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - including housing crises, financial instability and growing inequalities - are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.
Book Synopsis Poor Economics by : Abhijit V. Banerjee
Download or read book Poor Economics written by Abhijit V. Banerjee and published by PublicAffairs. This book was released on 2012-03-27 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The winners of the Nobel Prize in Economics upend the most common assumptions about how economics works in this gripping and disruptive portrait of how poor people actually live. Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two award-winning MIT professors, answer these questions based on years of field research from around the world. Called "marvelous, rewarding" by the Wall Street Journal, the book offers a radical rethinking of the economics of poverty and an intimate view of life on 99 cents a day. Poor Economics shows that creating a world without poverty begins with understanding the daily decisions facing the poor.
Book Synopsis Rethinking Consumer Protection by : Thomas Tacker
Download or read book Rethinking Consumer Protection written by Thomas Tacker and published by Rowman & Littlefield. This book was released on 2019-07-15 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains how revamped consumer protection regulations, allowing greater individual choice, along with the government partially shifting to more of an advisory role, can save many thousands of lives annually, and make medicines and other products radically cheaper. Major case studies include the FDA, TSA passenger screening, and Uber versus taxis.
Book Synopsis Free, Fair, and Alive by : David Bollier
Download or read book Free, Fair, and Alive written by David Bollier and published by New Society Publishers. This book was released on 2019-09-03 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: The power of the commons as a free, fair system of provisioning and governance beyond capitalism, socialism, and other -isms. From co-housing and agroecology to fisheries and open-source everything, people around the world are increasingly turning to 'commoning' to emancipate themselves from a predatory market-state system. Free, Fair, and Alive presents a foundational re-thinking of the commons — the self-organized social system that humans have used for millennia to meet their needs. It offers a compelling vision of a future beyond the dead-end binary of capitalism versus socialism that has almost brought the world to its knees. Written by two leading commons activists of our time, this guide is a penetrating cultural critique, table-pounding political treatise, and practical playbook. Highly readable and full of colorful stories, coverage includes: Internal dynamics of commoning How the commons worldview opens up new possibilities for change Role of language in reorienting our perceptions and political strategies Seeing the potential of commoning everywhere. Free, Fair, and Alive provides a fresh, non-academic synthesis of contemporary commons written for a popular, activist-minded audience. It presents a compelling narrative: that we can be free and creative people, govern ourselves through fair and accountable institutions, and experience the aliveness of authentic human presence.
Book Synopsis Reclaiming economics for future generations by : Lucy Ambler
Download or read book Reclaiming economics for future generations written by Lucy Ambler and published by Manchester University Press. This book was released on 2022-01-25 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today’s economies fail to recognise that we are in a rapidly worsening crisis, reproducing and often worsening vast and harmful inequalities between people and countries. The current models are unsustainable, and at a time when global temperatures are rising and divides are deepening, humanity is left in a rapidly worsening situation of its own making, the destruction of the living world, which will make large parts of the earth uninhabitable. Without access to the knowledge, skills or tools to build a better future, local, national and global economies will continue to fail to address the interlinked challenges of systemic racism, inequalities faced by women, the Covid-19 pandemic and the nature and climate emergency. Across the world, economics students are coming together under the banner of the student movement, Rethinking Economics, to create a better economics – one which can help to create a world where all our children can flourish regardless of their gender, background or birthplace. Drawing on over sixty interviews with students and professionals from identities and backgrounds marginalised in economics and a wide range of global and historical research, this book illustrates the ways in which the discipline is currently not fit for purpose and sets out a vision for how it can be diversified, decolonised and democratised. The struggle to reclaim economics could not be more crucial - our futures depend on it. This book explains how it can be done.
