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The Capitalist Socialist Cycle Phase Ii
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Book Synopsis The Future of Capitalism by : Paul Collier
Download or read book The Future of Capitalism written by Paul Collier and published by HarperCollins. This book was released on 2018-12-04 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.
Book Synopsis The Theory of Investment Cycles in a Socialist Economy by : Nikola Cobeljic
Download or read book The Theory of Investment Cycles in a Socialist Economy written by Nikola Cobeljic and published by Routledge. This book was released on 2017-09-08 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 1968
Book Synopsis Prophet of Innovation by : Thomas K. McCraw
Download or read book Prophet of Innovation written by Thomas K. McCraw and published by Harvard University Press. This book was released on 2010-03-30 with total page 734 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pan Am, Gimbel’s, Pullman, Douglas Aircraft, Digital Equipment Corporation, British Leyland—all once as strong as dinosaurs, all now just as extinct. Destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this bedrock economic principle better than Joseph A. Schumpeter. “Creative destruction,” he said, is the driving force of capitalism. Described by John Kenneth Galbraith as “the most sophisticated conservative” of the twentieth century, Schumpeter made his mark as the prophet of incessant change. His vision was stark: Nearly all businesses fail, victims of innovation by their competitors. Businesspeople ignore this lesson at their peril—to survive, they must be entrepreneurial and think strategically. Yet in Schumpeter’s view, the general prosperity produced by the “capitalist engine” far outweighs the wreckage it leaves behind. During a tumultuous life spanning two world wars, the Great Depression, and the early Cold War, Schumpeter reinvented himself many times. From boy wonder in turn-of-the-century Vienna to captivating Harvard professor, he was stalked by tragedy and haunted by the specter of his rival, John Maynard Keynes. By 1983—the centennial of the birth of both men—Forbes christened Schumpeter, not Keynes, the best navigator through the turbulent seas of globalization. Time has proved that assessment accurate. Prophet of Innovation is also the private story of a man rescued repeatedly by women who loved him and put his well-being above their own. Without them, he would likely have perished, so fierce were the conflicts between his reason and his emotions. Drawing on all of Schumpeter’s writings, including many intimate diaries and letters never before used, this biography paints the full portrait of a magnetic figure who aspired to become the world’s greatest economist, lover, and horseman—and admitted to failure only with the horses.
Download or read book Postcapitalism written by Paul Mason and published by Macmillan. This book was released on 2016-02-09 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Originally published in 2015 by Allen Lane, an imprint of Penguin Random House, Great Britain"--Title page verso.
Book Synopsis Capitalism, Socialism, and Democracy by : Joseph A. Schumpeter
Download or read book Capitalism, Socialism, and Democracy written by Joseph A. Schumpeter and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the relation between a socialist view of society and the democratic method of government; argues that socialism is probably inevitable, for political rather than economic reasons. The book developes five principal themes, presented in five parts. Part I, "The Marxian Doctrine," attests to Schumpeter's belief in the importance of Karl Marx's thought, and discusses Marx in the roles of prophet, sociologist, economist, and teacher. His strength lay in synthesis of history, economics, and politics into a vision and system (which Schumpeter admires) that that can be used for solving problems and contributing to knowledge and insight; the value of Marx's theories and conclusions are found wanting. Part II "Can Capitalism Survive?" shows that a socialist form of society will inevitably emerge from the inevitable decomposition of capitalist society. Essential to capitalism is the process of "creative destruction," which constantly revolutionizes the system from within; this revolutionary transformation of capitalism, which spells its doom, results from its success--not, as Marx argued, from its failure. In Schumpeter's view of capitalism, monopolistic policies promote stability and increase efficiency; unemployment and business cycles accompany economic growth; and without political interference, output would increase and standard of living increase. The entrepreneurial function, which revolutionizes production by exploiting innovation, becomes routine and obsolete due to technical development and rise of big firms; the entrepreneur becomes a bureaucrat. Without innovating enterprise, profit will vanish or become unimportant. Capitalism's success undermines the social conditions that protect it. Capitalism will not survive because public opinion will not support it: the bourgeoisie is not equipped for politics; corporate evolution and decline of the family have reduced the bourgeois sense of property and incentives; destruction of monarchy and aristocracy have deprived the bourgeois of its protectors; and disenchanted intellectuals inflame discontent with free enterprise. Establishment of socialism can be expected. Part III, "Can Socialism Work?" answers, "Of course it can." Socialism for Schumpeter is centralized control over the means of production. Necessary for the success of socialism is reaching the requisite stage of industrial development and resolution of transitional problems. The assessment of a socialist society should be based less on economic efficiency than on the quality of the bureaucratic apparatus operating the system. Socialism may likely be as successful in satisfying consumers, promoting economic progress, and enforcing discipline and efficiency. Part IV, "Socialism and Democracy" argues one can have autocratic, theocratic, or democratic socialism. Socialism's economic problem should only be discussed referring to the given state of the social environment and historical situation. Schumpeter alternatively defines democracy as people's selection of a government. Socialism may be democratic if certain conditions are met: politics must be culturally valued, range of political decisions must be fairly narrow, a well-trained bureaucracy exists, and the public exercises democratic self control. Part V, "Historical Sketch of Socialist Parties" analyzes the history of the most important socialist parties in England, Sweden, U.S., France, Germany, and Austria, emphasizing how they tried to live within the structure of a Marxist system and to remain alive and grow politically. Socialism, though, is likely to present fascist features. (TNM).
Book Synopsis Dependency, Neoliberalism and Globalization in Latin America by : Carlos Eduardo Martins
Download or read book Dependency, Neoliberalism and Globalization in Latin America written by Carlos Eduardo Martins and published by BRILL. This book was released on 2019-12-09 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Marxist Theory of Dependency (TMD) managed to articulate the insertion of peripheral societies into the international market with the capital accumulation processes of each country. It has become an essential theory for the understanding of our societies. Since Ruy Mauro Marini laid out its foundations, many transformations have occurred in global capitalism and in our societies, leaving us the challenge of updating it against a more complex context. The real test of theory is its adequacy as an instrument of understanding contemporary reality. The TMD has been enriched and renewed from this work of Carlos Eduardo Martins. It considers capitalism from the perspective of anti-capitalism, dependence from the standpoint of emancipation and reality through a vision for its revolutionary transformation. Emir Sader - CLACSO General Secretary (2006-2012) This book is a revised edition of a work first published in 2011 as Globalização, dependência e neoliberalismo na América Latina by Boitempo Editorial, São Paulo, Brazil. La teoría marxista de la dependencia (TMD) logró articular la inserción de las sociedades periféricas en el mercado internacional con los procesos de acumulación de capital de cada país. Se ha convertido en una teoría esencial para la comprensión de nuestras sociedades. Desde que Ruy Mauro Marini expuso sus fundamentos, muchas transformaciones ocurrieron en el capitalismo global y en nuestras sociedades, poniendo el desafío de actualización en condiciones más complejas La prueba real de la teoría es su adecuación como instrumento de comprensión de la realidad contemporánea. La TMD sale enriquecida y renovada de esta obra de Carlos Eduardo Martins dedicada a pensar el capitalismo bajo la perspectiva del anticapitalismo, la dependencia en la óptica de la emancipación y la realidad en la perspectiva de su transformación revolucionaria. Emir Sader - Secretario General CLACSO (2006-2012)
Book Synopsis Flexicurity Capitalism by : Peter Flaschel
Download or read book Flexicurity Capitalism written by Peter Flaschel and published by OUP USA. This book was released on 2012-04-11 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Flaschel and Griener's Flexicurity Capitalism provides serious discussion and feasible mathematical models to provide a basic framework for a "flexicurity" economic system--labor market reform that combines flexibility in the hiring and firing processes of firms with security in the employment and income of the workforce.
Book Synopsis Phases of Capitalist Development by : Richard Westra
Download or read book Phases of Capitalist Development written by Richard Westra and published by Springer. This book was released on 2001-03-27 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection authors from eight different countries, representing a wide variety of academic disciplines and theoretical perspectives, investigate the differing phases of capitalist development. They offer diverse and powerful analyses of the postwar boom, economic crises and globalization within this context.
Book Synopsis Socialist Investment Cycles by : Peter Mihályi
Download or read book Socialist Investment Cycles written by Peter Mihályi and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: by Peter J. D. Wiles Professor Emeritus University of London There are two sorts of writers of prefaces: the obliging and the disobliging. Surely Peter MiMlyi knows where to place me in this taxonomy. For the most part I write my own irrelevant opinions, but there was one act of gross interference: my insistence on a point he had already quietly made, the greater stability of the production of consumer goods under Communism even of food, if we exclude bad harvests. The many Marxist and some other scholars who wrote about Dr. Mih
Book Synopsis Does Capitalism Have a Future? by : Immanuel Maurice Wallerstein
Download or read book Does Capitalism Have a Future? written by Immanuel Maurice Wallerstein and published by Oxford University Press. This book was released on 2013 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Does Capitalism Have a Future?, the prominent theorist Georgi Derleugian has gathered together a quintet of eminent macrosociologists to assess whether the capitalist system can survive.
Book Synopsis Collected Works of Michal Kalecki: Volume I. Capitalism: Business Cycles and Full Employment by : Michal Kalecki
Download or read book Collected Works of Michal Kalecki: Volume I. Capitalism: Business Cycles and Full Employment written by Michal Kalecki and published by Oxford University Press. This book was released on 1990-10-04 with total page 642 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first of seven volumes in a definitive edition of the works of Michal Kalecki, who is one of the most distinguished economists of this century. The works will be of interest for the controversial light which they shed on the ideas expounded by John Maynard Keynes, since Kalecki arguably arrived at these conclusions even earlier than Keynes. This volume documents the confrontation between the two economists. It also charts Kalecki's development of a theory of full employment, including his early theoretical writings, and some of his less famous works.
Book Synopsis Global Capitalism by : Robert J. S. Ross
Download or read book Global Capitalism written by Robert J. S. Ross and published by State University of New York Press. This book was released on 1990-07-05 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: How have global markets and global manufacturing changed the balance of social, economic and political power? With this volume Ross and Trachte challenge existing political-economic theory. In concise terms they show how traditional theories of monopoly capitalism and world systems are not well-suited to analyze the emergence of global capitalism. This book, in a series of case studies of U.S. metropolitan areas, examines the dramatic transformation of the world economy in the last two decades. The book's last section examines political strategy and the political theory implied by the heightened power of capital.
Book Synopsis The Soul of the German Historical School by : Yuichi Shionoya
Download or read book The Soul of the German Historical School written by Yuichi Shionoya and published by Springer Science & Business Media. This book was released on 2006-01-20 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of my essays on Gustav von Schmoller (1838– 1917), Max Weber (1864–1920), and Joseph Alois Schumpeter (1883–1950), published during the past fifteen years. These three intellectual giants are connected with the German Historical School of Economics in different ways. In the history of economics, the German Historical School has been described as a heterodox group of economic researchers who flourished in the Germ- speaking world throughout the nineteenth century. The definition of a “school” is always problematic. Even if the core of a certain idea were identified in the continuous and discontinuous process of the filiation and ramification of thought, it is still possible to trace its predecessors, successors, and sympathizers in different directions, creating an amorphous entity of a school. It is beyond question, however, that Schmoller was the leader of the younger German Historical School, the genuine school with a sociological 1 reality. Schmoller was indeed the towering figure of the Historical School at its zenith.
Book Synopsis Socialism in America by : John L. Bowman
Download or read book Socialism in America written by John L. Bowman and published by iUniverse. This book was released on 2004-03-15 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1835, Alexis de Tocqueville predicted a " species of oppression [with] which democratic nations are menaced unlike anything which ever before existed in the world " It was a despotism that " would be more extensive and would degrade men without tormenting them." It would be a force that " compresses, enervates, extinguishes, and stupefies a people, till each is reduced to be nothing better than a flock of timid animals, of which the government is the shepherd." Tocqueville was predicting socialism in America, a new form of oppression that did not exist in his time. He could not name it at the time because the word socialism had not yet appeared in the English language and Karl Marx had not yet published his Communist Manifesto. America has become a socialist state and Socialism in America is about what socialism is doing to America today. Socialism is an oppression that has caused America to discard the rule of law, forsake justice, limit freedom, attenuate individuality, create dependence, degrade social norms, attack sources of wealth, and divide the culture. This form of despotic totalitarianism has irreversibly commenced the destruction of American culture and nation. Socialism in America offers the reader the perspective of how and why this is happening. It explains the history of socialism, and in particular the history of socialism in America. It discusses the roles of socialism's foremost vectors, which are primarily the unions and Democratic Party. It critically dissects the philosophy of socialism itself and examines other countries' struggles to survive under the heavy socialist boot. Every freedom-loving American should read Socialism in America.
Book Synopsis The Left Frame of Mind: An Inquiry into the Nature of the Leftist Brain by : Hermann Observer
Download or read book The Left Frame of Mind: An Inquiry into the Nature of the Leftist Brain written by Hermann Observer and published by Hermann Observer. This book was released on 2024-09-22 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you have a healthy mental attitude and a positive outlook on life? Good for you. This means you are in the right frame of mind. But if you don’t, this means you are in the left frame of mind, and this is not so good. The left frame of mind is the wrong frame of mind. It means you have a Leftist Brain. And having a Leftist Brain means you are doomed to languish wretchedly in the left frame of mind mindset forever. Sorry. I don’t make up the rules. And life isn’t fair. That’s right. Once a Leftist Brain, always a Leftist Brain. And although leftist brains may come in a wide variety of flavors, historical classifications and toxicity, there is no fundamental difference between a Soviet communist Leftist Brain and a Wisconsin Democrat Leftist Brain. It is merely a matter of degree of Leftist Brain brainedness. For you see in the final analysis, all leftist brains share the following three basic characteristics: 1) Collectivism is good, individualism is bad. The Leftist Brain hungers for overprotective parental government promoting childlike dependency. It expects the State to run or regulate everything, from daycare to retirement. It doesn’t care that this cradle-to-grave infantilization undermines individuals’ freedoms, subverts their self-reliance and deters their self-determination. As long as assurance is given that this is being done in the name of “equality,” a wonderful sounding ideal that doesn’t exist in nature, all is forgiven. 2) Coercion is superior to voluntary cooperation. The Leftist Brain is magically drawn to policies and systems that restrict the individual’s freedom to choose. It does not trust voluntary action or believe in spontaneous order through mutual agreement because it does not understand human nature. Nor does it feel comfortable letting unique individuals (also known as “the masses”) decide things for themselves. They might not have “the greater good” in mind. This is why the Leftist Brain restricts free choice at every opportunity. This is why it is always prepared to call for government coercion. For the Leftist Brain, “the ends justify the means” and it only respects the rule of law if it is “interpreted” in the way it deems fit. 3) Sense of mission. The Leftist Brain sees itself as a chosen one “on the right side of history.” It is superior to ordinary brains that can never enjoy this higher, enlightened status. Believing this serves the psychological function of bolstering what is typically the weak self-esteem of a brain that is ungenerous and therefore unhappy. Its feigned altruism hides a lack of empathy that often leads to pronounced narcissist tendencies. Unchecked, these tendencies eventually lead to nihilism (narcissism and nihilism being functionally equivalent). This helps explain why the Leftist Brain is always so eager to resort to hysterical outbursts, violence and destruction. So, here we are. Unfortunately. We now live in a Leftist Brain world. They are in control, I am sorry to say. And this world is of course very far from the world the framers of the Constitution originally intended. Instead of thriving in a political system that protects individual liberties through the exercise of negative rights (don’t do this, don’t do that), the Leftist Brain’s eternal quest for its arbitrary “greater good” means we must endure coercive government direction through the exercise of positive rights (do this, do that). We must do as we are told, in other words. We are now indentured servants to the State. The following is a collection of thoughts and observations about the nature of the Leftist Brain, and our captivity. Most of them are meant to be humorous, although it cannot be denied that this type of humor may be seen as a subversive, bitter form of humor that is often cynical rather than laugh-out-loud funny. This is because it is a subversive, bitter form of humor that is often cynical rather than laugh-out-loud funny. Have a nice day anyway.
Book Synopsis The New Palgrave Dictionary of Economics by :
Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Book Synopsis Economic Theory and Globalization by : Thomas Hoerber
Download or read book Economic Theory and Globalization written by Thomas Hoerber and published by Springer Nature. This book was released on 2019-08-22 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: What do the economic theories of thought-leaders in economics, such as Smith, Keynes, Marx and Schumpeter, tell us about globalisation in the twenty-first century? Great economic theories have provided a narrative of how society should work in all its aspects, and can offer renewed usefulness for today's society. Each economic theory is presented for easy access, readability and simplicity; explaining the criticism a particular theory poses against its own contemporary environment, such as the poverty produced by Manchester capitalism in Marx, and then applying those historical lessons to our current time. Should some economic theories be left sitting on a shelf, safely without any impact on us, or do some great economic ideas still have something to contribute to the grand quest for a more just society in its many interpretations?
