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The Economy As A Polity
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Book Synopsis The Economy as a Polity by : Christian Joerges
Download or read book The Economy as a Polity written by Christian Joerges and published by Psychology Press. This book was released on 2005 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting a novel view on the interaction between states and markets, this volume explores contemporary capitalism by regarding the economy as a polity, as an arrangement that is constituted by some collective agreements about its mode of operation.
Download or read book For a New West written by Karl Polanyi and published by John Wiley & Sons. This book was released on 2014-11-10 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: At a recent meeting of the World Economic Forum in Davos, it was reported that a ghost was haunting the deliberations of the assembled global elite - that of the renowned social scientist and economic historian, Karl Polanyi. In his classic work, The Great Transformation, Polanyi documented the impact of the rise of market society on western civilization and captured better than anyone else the destructive effects of the economic, political and social crisis of the 1930s. Today, in the throes of another Great Recession, Polanyi’s work has gained a new significance. To understand the profound challenges faced by our democracies today, we need to revisit history and revisit his work. In this new collection of unpublished texts - lectures, draft essays and reports written between 1919 and 1958 - Polanyi examines the collapse of the liberal economic order and the demise of democracies in the inter-war years. He takes up again the fundamental question that preoccupied him throughout his work - the place of the economy in society - and aims to show how we might return to an economy anchored in society and its cultural, religious and political institutions. For anyone concerned about the danger to democracy and social life posed by the unleashing of capital from regulatory control and the dominance of the neoliberal ideologies of market fundamentalism, this important new volume by one of the great thinkers of the twentieth century is a must-read.
Book Synopsis The Economy as a Polity: The Political Constitution of Contemporary Capitalism by : Christian Joerges
Download or read book The Economy as a Polity: The Political Constitution of Contemporary Capitalism written by Christian Joerges and published by Routledge. This book was released on 2020-09-10 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: The debate about so-called economic globalization has reached a new phase. The hegemony of neo-liberal thinking has ended, in the face of both the increased and increasingly effective resistance to the social consequences of neo-liberal market-making - rising inequality and insecurity throughout the world - and the visibly dysfunctional effects of lack of regulation - currency and stock market crashes, among others. Thus, the story about 'the rise and fall of market society', which was first told in these terms by Karl Polanyi sixty years ago, is about to receive a new chapter. In this light, this volume offers a novel perspective on the interaction between states and markets. In contrast to much of current theoretical wisdom, we hold, with Polanyi, that markets cannot even be consistently thought of as self-regulating. Markets are always constituted by framework conditions that cannot be set by the markets themselves. The range and scope of market rules requires some agreement, or at least acceptance, for economic exchange to be working at all; in democratic societies, these rules are at least theoretically always subject to political debate and decision. To put the issue in theoretical terms: even the most pure version of economic liberalism always entails at the same time a political philosophy. This volume, thus, proposes to understand contemporary capitalism by regarding the economy as a polity, as an arrangement that is always constituted by some collective agreements about its mode of operation. Such theoretical position on its own, though, is insufficient to explain the workings of capitalism once and for all. Historical experiences with capitalism have led to transformations that require new angles of analysis. It is in the nature of the struggles over the embedding of markets that their outcomes are subject to historical contingency and cannot be completely known beforehand. Beyond a review of the theoretical tools at hand, therefore, the analysis of the contemporary constellation of capitalism, also requires an understanding of its recent transformations. This is the second task to which this volume is devoted - through analyses of the current state of regulation of labour and money and through investigations of the historical development and novel forms of the mode of embedding markets. While focusing on the renewal of the analysis of contemporary capitalism, the volume also points to fruitful directions of institutional or policy change and provides perspectives for a much-needed political renewal, with a particular focus on the European Union as a novel polity embedding the European economy.
Download or read book Crisis written by Sylvia Walby and published by John Wiley & Sons. This book was released on 2015-10-30 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are living in a time of crisis which has cascaded through society. Financial crisis has led to an economic crisis of recession and unemployment; an ensuing fiscal crisis over government deficits and austerity has led to a political crisis which threatens to become a democratic crisis. Borne unevenly, the effects of the crisis are exacerbating class and gender inequalities. Rival interpretations – a focus on ‘austerity’ and reduction in welfare spending versus a focus on ‘financial crisis’ and democratic regulation of finance – are used to justify radically diverse policies for the distribution of resources and strategies for economic growth, and contested gender relations lie at the heart of these debates. The future consequences of the crisis depend upon whether there is a deepening of democratic institutions, including in the European Union. Sylvia Walby offers an alternative framework within which to theorize crisis, drawing on complexity science and situating this within the wider field of study of risk, disaster and catastrophe. In doing so, she offers a critique and revision of the social science needed to understand the crisis.
Book Synopsis For a New Critique of Political Economy by : Bernard Stiegler
Download or read book For a New Critique of Political Economy written by Bernard Stiegler and published by Polity. This book was released on 2010-11 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: The catastrophic economic, social and political crisis of our time calls for a new and original critique of political economy - a rethinking of Marx's project in the very different conditions of twenty-first century capitalism. Stiegler argues that today the proletarian must be reconceptualized as the economic agent whose knowledge and memory are confiscated by machines. This new sense of the term ‘proletarian' is best understood by reference to Plato's critique of exteriorized memory. By bringing together Plato and Marx, Stiegler can show how a generalized proletarianization now encompasses not only the muscular system, as Marx saw it, but also the nervous system of the so-called creative workers in the information industries. The proletarians of the former are deprived of their practical know-how, whereas the latter are shorn of their theoretical practice, and both suffer from a confiscation of the very possibility of a genuine art of living. But the mechanisms at work in this new and accentuated form of proletarianization are the very mechanisms that may spur a reversal of the process. Such a reversal would imply a crucial distinction between one's life work, originating in otium (leisure devoted to the techniques of the self), and the job, consisting in a negotium (the negotiation and calculation, increasingly restricted to short-term expectations), leading to the necessity of a new conception of economic value. This short text offers an excellent introduction to Stiegler's work while at the same time representing a political call to arms in the face of a deepening economic and social crisis.
Book Synopsis Austerity by : Suzanne J. Konzelmann
Download or read book Austerity written by Suzanne J. Konzelmann and published by John Wiley & Sons. This book was released on 2019-10-14 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Austerity has been at the center of political controversy following the 2008 financial crisis, invoked by politicians and academics across the political spectrum as the answer to, or cause of, our post-crash economic malaise. However, despite being the cause of debate for more than three centuries, austerity remains a poorly understood concept. In this book, Suzanne J. Konzelmann aims to demystify austerity as an economic policy, a political idea, and a social phenomenon. Beginning with an analysis of political and socioeconomic history from the seventeenth century, she explains the economics of austerity in the context of the overall dynamics of state spending, tax, and debt. Using comparative case studies from around the world, ranging from the 1930s to post-2008, she then evaluates the outcomes of austerity in light of its stated objectives and analyzes the conditions under which it doesn’t – and occasionally does – work. This accessible introduction to austerity will be essential reading for students and scholars of political economy, economics, and politics, as well as all readers interested in current affairs.
Book Synopsis The Political Power of Global Corporations by : John Mikler
Download or read book The Political Power of Global Corporations written by John Mikler and published by John Wiley & Sons. This book was released on 2018-02-12 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: We have long been told that corporations rule the world, their interests seemingly taking precedence over states and their citizens. Yet, while states, civil society, and international organizations are well drawn in terms of their institutions, ideologies, and functions, the world's global corporations are often more simply sketched as mechanisms of profit maximization. In this book, John Mikler re-casts global corporations as political actors with complex identities and strategies. Debunking the idea of global corporations as exclusively profit-driven entities, he shows how they seek not only to drive or modify the agendas of states but to govern in their own right. He also explains why we need to re-territorialize global corporations as political actors that reflect and project the political power of the states and regions from which they hail. We know the global corporations' names, we know where they are headquartered, and we know where they invest and operate. Economic processes are increasingly produced by the control they possess, the relationships they have, the leverage they employ, the strategic decisions they make, and the discourses they create to enhance acceptance of their interests. This book represents a call to study how they do so, rather than making assumptions based on theoretical abstractions.
Book Synopsis Solidarity Economics by : Manuel Pastor
Download or read book Solidarity Economics written by Manuel Pastor and published by Polity. This book was released on 2021-10-25 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional economics is built on the assumption of self-interested individuals seeking to maximize personal gain. This is far from the whole story, however: sharing, caring and a desire to uphold the collective good are also powerful individual motives. In a world wracked by inequality, social divisions, and ecological destruction, can we build an alternative economics based on our mutual co-operation? In this book Chris Benner and Manuel Pastor invite us to imagine and create a new sort of solidarity economics – an approach grounded in our instincts for connection and community – and in so doing, actually build a more robust, sustainable, and equitable economy. They argue that our current economy is already deeply dependent on mutuality, but that the inequality and fragmentation created by the status quo undermines this mutuality and with it our economic wellbeing. They outline the theoretical framing, policy agenda, and social movements we need to revive solidarity and apply it to whole societies. Solidarity Economics is an essential read for anyone who longs for an economy that can generate prosperity, provide for all, and preserve the planet.
Download or read book Amartya Sen written by Lawrence Hamilton and published by John Wiley & Sons. This book was released on 2019-06-10 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Amartya Sen is one of the world’s best-known voices for the poor, the destitute and the downtrodden and an inspiration for policy makers and activists across the globe. He has also contributed almost without peer to the study of economics, philosophy and politics, transforming social choice theory, development economics, ethics, political philosophy and Indian political economy, to list but a few. This book offers a much-needed introduction to Amartya Sen’s extraordinary variety of ideas. Lawrence Hamilton provides an excellent, accessible guide to the full range of Sen’s writings, contextualizing his ideas and summarizing the associated debates. In elegant prose, Hamilton reconstructs Sen’s critiques of the major philosophies of his time, assesses his now famous concern for capabilities as an alternative for thinking about poverty, inequality, gender discrimination, development, democracy and justice, and unearths some overlooked gems. Throughout, these major theoretical and philosophical achievements are subjected to rigorous scrutiny. Amartya Sen is a major work on one of the most influential economists and philosophers of the last couple of centuries. It will be invaluable to students and scholars across the humanities and social sciences and an excellent guide for policy makers, legislators and global activists.
Book Synopsis Crisis and Inequality by : Mattias Vermeiren
Download or read book Crisis and Inequality written by Mattias Vermeiren and published by John Wiley & Sons. This book was released on 2021-02-11 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Spiralling inequality since the 1970s and the global financial crisis of 2008 have been the two most important challenges to democratic capitalism since the Great Depression. To understand the political economy of contemporary Europe and America we must, therefore, put inequality and crisis at the heart of the picture. In this innovative new textbook Mattias Vermeiren does just this, demonstrating that both the global financial crisis and the European sovereign debt crisis resulted from a mutually reinforcing but ultimately unsustainable relationship between countries with debt-led and export-led growth models, models fundamentally shaped by soaring income and wealth inequality. He traces the emergence of these two growth models by giving a comprehensive overview, deeply informed by the comparative and international political economy literature, of recent developments in the four key domains that have shaped the dynamics of crisis and inequality: macroeconomic policy, social policy, corporate governance and financial policy. He goes on to assess the prospects for the emergence of a more egalitarian and sustainable form of democratic capitalism. This fresh and insightful overview of contemporary Western capitalism will be essential reading for all students and scholars of international and comparative political economy.
Book Synopsis A Political Economy of Justice by : Danielle Allen
Download or read book A Political Economy of Justice written by Danielle Allen and published by University of Chicago Press. This book was released on 2022-04-29 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Defining a just economy in a tenuous social-political time. If we can agree that our current social-political moment is tenuous and unsustainable—and indeed, that may be the only thing we can agree on right now—then how do markets, governments, and people interact in this next era of the world? A Political Economy of Justice considers the strained state of our political economy in terms of where it can go from here. The contributors to this timely and essential volume look squarely at how normative and positive questions about political economy interact with each other—and from that beginning, how to chart a way forward to a just economy. A Political Economy of Justice collects fourteen essays from prominent scholars across the social sciences, each writing in one of three lanes: the measures of a just political economy; the role of firms; and the roles of institutions and governments. The result is a wholly original and urgent new benchmark for the next stage of our democracy.
Book Synopsis Making Capitalism Fit For Society by : Colin Crouch
Download or read book Making Capitalism Fit For Society written by Colin Crouch and published by John Wiley & Sons. This book was released on 2014-08-21 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capitalism is the only complex system known to us that can provide an efficient and innovative economy, but the financial crisis has brought out the pernicious side of capitalism and shown that it remains dependent on the state to rescue it from its own deficiencies. Can capitalism be reshaped so that it is fit for society, or must we acquiesce to the neoliberal view that society will be at its best when markets are given free rein in all areas of life? The aim of this book is to show that the acceptance of capitalism and the market does not require us to accept the full neoliberal agenda of unrestrained markets, insecurity in our working lives, and neglect of the environment and of public services. In particular, it should not mean supporting the growing dominance of public life by corporate wealth. The world’s most successful mature economies are those that fully embrace both the discipline of the market and the need for protection against its negative outcomes. Indeed, a continuing, unresolved clash between these two forces is itself a major source of vitality and innovation for economy and society. But maintenance of that tension depends on the enduring strength of trade unions and other critical groups in civil society - a strength that is threatened by neoliberalism’s increasingly intolerant onward march. Outlining the principles for a renewed and more assertive social democracy, this timely and important book shows that real possibilities exist to create a better world than that which is being offered by the wealthy elites who dominate our public and private lives.
Book Synopsis Living Well at Others' Expense by : Stephan Lessenich
Download or read book Living Well at Others' Expense written by Stephan Lessenich and published by John Wiley & Sons. This book was released on 2019-04-15 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the heart of developed societies lies an insatiable drive for wealth and prosperity. Yet in a world ruled by free-market economics, there are always winners and losers. The benefits enjoyed by the privileged few come at the expense of the many. In this important new book, Stephan Lessenich shows how our wealth and affluence are built overwhelmingly at the expense of those in less-developed countries and regions of the world. His theory of ‘externalization’ demonstrates how the negative consequences of our lifestyles are directly transferred onto the world’s poorest. From the destruction of habitats caused by the massive increase in demand for soy and palm oil to the catastrophic impact of mining, Lessenich shows how the Global South has borne the brunt of our success. Yet, as we see from the mass movements of people across the world, we can no longer ignore the environmental and social toll of our prosperity. Lessenich’s highly original account of the structure and dynamics of global inequality highlights the devastating consequences of the affluent lifestyles of the West and reminds us of our far-reaching political responsibilities in an increasingly interconnected world.
Book Synopsis Political Control of the Economy by : Edward R. Tufte
Download or read book Political Control of the Economy written by Edward R. Tufte and published by Princeton University Press. This book was released on 1978 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Speculations about the effects of politics on economic life have a long and vital tradition, but few efforts have been made to determine the precise relationship between them. Edward Tufte, a political scientist who covered the 1976 Presidential election for Newsweek, seeks to do just that. His sharp analyses and astute observations lead to an eye-opening view of the impact of political life on the national economy of America and other capitalist democracies. The analysis demonstrates how politicians, political parties, and voters decide who gets what, when, and how in the economic arena. A nation's politics, it is argued, shape the most important aspects of economic life--inflation, unemployment, income redistribution, the growth of government, and the extent of central economic control. Both statistical data and case studies (based on interviews and Presidential documents) are brought to bear on four topics. They are: 1) the political manipulation of the economy in election years, 2) the new international electoral-economic cycle, 3) the decisive role of political leaders and parties in shaping macroeconomic outcomes, and 4) the response of the electorate to changing economic conditions. Finally, the book clarifies a central question in political economy: How can national economic policy be conducted in both a democratic and a competent fashion?
Book Synopsis Cognitive Capitalism by : Yann Moulier-Boutang
Download or read book Cognitive Capitalism written by Yann Moulier-Boutang and published by Polity. This book was released on 2011 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that we are undergoing a transition from industrial capitalism to a new form of capitalism - what the author calls & lsquo; cognitive capitalism & rsquo;
Book Synopsis Economy, Polity, and Society by : Stefan Collini
Download or read book Economy, Polity, and Society written by Stefan Collini and published by Cambridge University Press. This book was released on 2000-05-08 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economy, Polity, and Society and its companion volume History, Religion, and Culture bring together major new essays on British intellectual history by many of the leading scholars of the period, continuing a mode of enquiry for which Donald Winch and John Burrow have been widely celebrated. This volume addresses aspects of the eighteenth-century attempt, particularly in the work of Adam Smith, to come to grips with the nature of 'commercial society' and its distinctive notions of the self, of political liberty, and of economic progress. It then explores the adaptations of and responses to the Enlightenment legacy in the work of such early nineteenth-century figures as Jeremy Bentham, Tom Paine and Maria Edgeworth. Finally, in discussions which range up to the middle of the twentieth century, the volume examines particularly telling examples of the conflict between economic thinking and moral values.
Book Synopsis The Sociology of Globalization by : Luke Martell
Download or read book The Sociology of Globalization written by Luke Martell and published by Polity. This book was released on 2010-03-08 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: List of Figures, Tables and Boxes p. vi Introduction: Concepts of Globalization p. 1 1 Perspectives on Globalization: Divergence or Convergence? p. 19 2 The History of Globalization: Pre-modern, Modern or Postmodern? p. 43 3 Technology, Economy and the Globalization of Culture p. 67 4 The Globalization of Culture: Homogeneous or Hybrid? p. 89 5 Global Migration: Inequality and History p. 105 6 The Effects of Migration: Is Migration a Problem or a Solution? p. 120 7 The Global Economy: Capitalism and the Economic Bases of Globalization p. 135 8 Global Inequality: Is Globalization a Solution to World Poverty? p. 159 9 Politics, the State and Globalization: The End of the Nation-state and Social Democracy? p. 188 10 Global Politics and Cosmopolitan Democracy p. 214 11 Anti-globalization and Global Justice Movements p. 239 12 The Future World Order: The Decline of American Power? p. 259 13 War and Globalization p. 287 Conclusion p. 310 Acknowledgements p. 316 References p. 317 Index.
