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Books > Business & Economics > Economics > Economic systems
Tackling the most pressing problem of our time - how capitalism, and business, can provide a future of wealth, equity and ecological integrity, this book is destined to be one of the most important business, economics and politics books of the year. Sir Jonathon Porritt, CBE, Co-Founder of Forum for the Future, is a leading influence on business and industry, the UK government's premier adviser on sustainable development and a top author, broadcaster and visionary. As our great economic machine grinds relentlessly forward into a future of declining fossil fuel supplies, climate change and ecosystem failure, humanity, by necessity, is beginning to question the very structure of the economy that has provided so much wealth, and inequity, across the world. In this fresh, politically charged analysis, Jonathon Porritt wades in on the most pressing question of the 21st century - can capitalism, as the only real economic game in town, be retooled to deliver a sustainable future?
In his book "Jurassic Park" (and in the movie based on the book), Michael Crichton describes a crazed professor who through techniques of genetic engineering manages to recreate the dinosaurs and giant ferns of 65 million years past. Once the giant Tyrannosaurus Rex is brought to life. a powerful dynamics sets in: evolution. The prehistoric world embarks on a collision course with man. Researching his book, Crichton had been reading up on paleontology and on the mathematical theory of evolution, catastrophes, and chaos. Crichton explains some of the twists of nonlinear mathematics that are rewriting not only thermodynamics, physics, and chemistry (that all grapple with evolving and turbulent processes) but also paleontology, genetics, medicine and even anthropology. Collapse and chaos is not limited to prehistoric animal kingdoms and ancient civilizations. The collapse of the Soviet Union and the political and economic chaos in its aftermath demonstrate that modern civilizations are just as vulnerable. This book aims at reexamining some main portions of the discipline of economics from the point of view of economic change and creativity. There are two aspects to this perspective. First, diversity and complexity. The range of different kinds of high technology products available to consumers and producers increases rapidly. Each product is the result of a long and complex production hierarchy. As these hierarchies grow, they deliver ever more diversified and complex high tech goods. Other hierarchies fall by the wayside.
Regulating for Rivalry in Africa assesses the development of competition regimes in Africa through a combination of chapters which give in-depth assessments of countries’ experiences. The insights in this book combine critical analysis with insider knowledge on competition enforcement in Africa. This volume makes an important contribution in assessing how the competition regimes are functioning in practice against the challenges involved and the emerging competition dynamics which have arisen as markets have evolved. The book includes reviews of the Kenya, Zambia and Common Market for Eastern and Southern Africa competition authorities and tackles contemporary issues such as buyer power and digitalization. It covers competition in agri-food markets, which are of critical importance given shocks from COVID-19, the Russia- Ukraine war and climate change.
This book gives an account of the motivations behind the primacy of the City of London, both as a domestic actor and as a global financial centre. It focuses on whether the hegemonic position of the City of London can be threatened by the globalization process and how this relates to its role as an international money laundering centre.
For many years a neglected figure, Nikolai Bukharin has recently been the subject of renewed interest in the West. Now regarded as a leading Marxist theorist, Bukharin's work has wide appeal to those interested in Soviet history and Marxist economics as well as to those concerned with theories of development and socialist economies.
This book presents a chronology of state policy in industry since the 1500s to the mid twentieth century, and explains the ideas that have shaped it. Includes chapters on: The state and exploitation; state participation in industry; state information and services; state operation of industry and state control over industry.
The issue of planning prompted some of the fiercest debate in mid-twentieth century economics. Politics of Economic Planning collects together a number of papers from journals and contributed books that examine the problems of economic planning in a free society. They fall into three groups: Part 1 explains the idea of socialism and defines it in relation to democracy. Part 2 discusses problems of economic planning both in relation to political economy on the practice of planning and with the application of the theory of value to the conditions of a centrally directed economy. Part 3 examines the nature of economics.
This study of economic reforms throughout Eastern Europe covers the history of attempts at decentralization. The book: describes the centralized model and compares its requirements with the realities of socialist countries; discusses the economic policies of the post-Stalinist period; and examines the origin of the reforms which began in 1956, culminating in the Soviet economic reform of 1965 and the rehabilitation of profit. The countries it covers include the former USSR, the former East Germany and Hungary.
This volume focuses on the socio-political aspects of economic transformations in Eastern European socialist countries. Particular emphasis is laid on the problem of interrelations between the plan and the market and between economic incentives and social consumption. The book also examines economic and political factors in the wider political context, particularly looking at the question of democratization within industry and politics.
Labour focuses on the issues and problems concerning the efficient full employment of labour in a free market economy. The discussion is largely about the conditions (including comparative wages) underlying industrial efficiency and maximum production from various labour resources at least cost. By estimating man-power, analysing the human factor and measuring labour efficiency, the book summarizes contemporary evidence on employment conditions for or against efficiency and the effect upon the incidence of unemployment.
Much discussion has centred on the possibility of a 'third way' between socialism and the market and on the role of the 'third sector' (public, voluntary and not for profit) in modern advanced economies.
Increasing disparities in income distribution, both national and international, keep this issue at the forefront of debates on economic policy.
Much discussion has centred on the possibility of a 'third way' between socialism and the market and on the role of the 'third sector' (public, voluntary and not for profit) in modern advanced economies.
This work aims to show that Japan even at it's height of success, while the successful version of capitalism was blighted at it's core, being unsustainable. This revised edition features n introduction which gives an analysis of Japan's contemporary crisis.
This book challenges some of the fundamental tenets of "free market" economics that have had a profound impact on public policy and the plight of the American worker. These include the beliefs that high wages inevitably mean low profits; that a "free" market will automatically reduce discrimination and pay inequality; that anti-trust legislation hinders competitive market forces; and that minimum wage laws and trade unions negatively impact the economy. Using both theoretical analysis and real-life examples, the author shows that these myths are a product of unrealistic behavioral assumptions on the part of "free market" economists about the typical worker. In fact, as the author makes clear, the level of workers' satisfaction with their jobs, as a reflection of how well they are paid and treated by their employers, has a direct impact on the quality level of the products they produce and, inevitably, the economic performance of the firms.
Ranging from the classic discussions of a century and more ago, to evidence for the diversity of consumption at the beginning of the 21st century, this set is a foundation for a rapidly growing area of contemporary academic study. The volumes reflect a major transformation in consumption studies. Gone are the simple debates as to whether consumption is in general a good or bad thing, and equally simple technical definitions. Instead these volumes demonstrate the maturity of its subject: that consumption is a foundation to most people's lives in most parts of the world. The contents are inter-disciplinary with approaches ranging from anthropology and media studies, to geography and business studies. Each discipline provides its own theories, perspectives and methodologies for studying this topic. These volumes are also concerned to make use of the rapid increase in studies of actual consumption across the globe so that many of the examples come from areas such as China, Japan, India and South America and break free of what had previously been debates almost exclusively concerned with Europe and the United States.
The emergence of open unemployment is an unavoidable consequence of postcommunist transition. Some countries - notably in the former Soviet Union - initially slowed economic contraction. But in the longer run slower reformers have generally sustained deeper and more prolonged recessions than faster reforming central European countries. Moreover, the initially low unemployment rates in the former Soviet Union are now rising, and may stabilize at higher post-transition equilibrium rates than in Central Europe. Across the region, real wages reacted in unexpected ways, with significant effects for employment. Productivity gains in Central European industry tended not to be passed along into proportional real wage increases, slowing inflows into unemployment. In addition, and contrary to some earlier assessments, the restructuring process affected not only wage structures, but also the level of unemployment over time. An important constraint on post-socialist countries' response to unemployment is the role served by EU social insurance and labour law standards as guides to countries' progress toward "normal" economic systems. When considering the possible impact of EU integration and ha
This book analyses Germany's role in the euro crisis. Based on the perception of Berlin as the emerging capital of the European Union, the author investigates three interrelated issues: Did the German policy approach of imposing austerity programs on countries in the middle of a deep recession contribute to the successful management of the euro crisis? Does Germany extend its sway over its European partners by forcing them to surrender to the German diktat of fiscal Disziplin and economic efficiency? Is the stubborn insistence on rigid fiscal adjustment another ominous sign of the Berlin Republic moving away from the country's traditional European vocation toward an imperial leadership role? The book's main argument is that Germany's role in and responses to the euro crisis can best be explained by different concepts of self, historical memory, and institutional practices.
Has America always been the champion of free trade? Debates about free trade and protection are one of the dominant features of 19th century economic discourse. The writings of the British classical economists, in particular, have been the subject of extensive secondary literature. In contrast, the writings of their American counterparts have often been overlooked. This collection seeks to help rectify this, by giving access to an extensive range of 19th-century American writings on trade issues. Many of the pieces selected are unavailable, even in America. Each has been carefully retypeset. Early American economics is often criticized for lacking the theoretical sophistication of European economics. The picture which emerges from these texts is more complex. It seems that far from being of universal application, the ideas of the English classical economists did not fit neatly in the context of 19th-century America, and it is much harder to draw a sharp doctrinal divide between protectionists and free-traders. The texts reproduced discuss: "the American system" of protection for infant industries; the North/South divide in the US, made manifest by the slavery question and the civil |
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