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Books > Business & Economics > Economics > Economic systems
Arising from the Cohens' work on the epidemiology of childhood psychopathology, this book explores the two aspects of motivational structure--ideas and values--that underlie the development of maladaptive functioning and symptoms. The first aspect is a measure of what children admire in their peers; this measure is seen as an operationalization of personal ideals. The second is a measure of life goals, seen as a representation of the contemporary structure of long-term personal values. Despite the considerable amount of attention given in the popular press and among social critics and politicians, values have been relatively neglected as a topic of empirical research in this country. To fill the void, this work uses data from a large cohort of young people who have been studied longitudinally since early childhood to elucidate three aspects of life goals and values: * What are the demographic, family, peer, school, and intrapersonal influences that shape values and life goals of adolescents? * How do they change over the course of adolescence? * What impact do these values have on the lives of adolescents and young adults? Decisions about what we find most admirable and which of the many apparently good things in life we will take on as our top priorities are consequential both for the contemporary and for the future emotional and behavioral well-being of the individual. Thus, this book explores systematically the environmental origins of ideals and values, using deprivation and attainment hypotheses to examine a variety of influences on the development of differences in values. This book also examines the relationship between the measures of children's values and psychopathology, examining both the "Axis 1" diagnosis, including disruptive behavior disorders, depression, and anxiety, and the "Axis 2" personality disorders. Providing an extensive study of the life values of adolescents and the state of their mental health, this monograph will be of interest to developmental psychologists specializing in adolescence, child clinical psychologists, and psychiatrists.
From the Arab Spring to the Occupy and Tea Party movements, the "What now?" solution to economic disparity and power politics has largely been largely unarticulated. This work details how the Golden Rule ethic and a technology-driven global consciousness are causing epic shifts in our economic and governing systems. The evolution from nation-state capitalism to a global economy with judicial governance is proving that prosperity is compatible with peace. With ten case studies of successful "Golden Rule" - organizations and an innovative study of the reciprocal ethic, the book provides accessible thought-provoking analysis of rapid worldwide change, and forecasts a future of freedom, purpose and hope.
This volume centres on the collaborative work of Ivan Berend and GyArgy RA!nki, begun in Hungary in the 1950s and continuing till Ranki's death in 1988, but includes papers by each individually as well as those written jointly. The subject is the social and economic history of Central and Eastern Europe in the 19th and 20th centuries, with a particular focus upon Hungary. The first part looks at the troubled German-Hungarian relations during Hitler's rule; although focusing on Hungary, it also provides an understanding of the economic ties between Germany and Central and Eastern Europe during the turbulent war years. The economic and political problems of the region in the interwar years are dealt with in the second part. Two of the four studies in the final section present the efforts and strict limitations of reforms in state socialist Hungary. The other two analyze the post-communist economic transformation of Central and Eastern Europe during the 1990s in a broad international context.
This volume does four things. Firstly it examines the nexus between the illegal narcotics enterprise as a social phenomenon and political economy as a scholarly issue area. Secondly it explores the regional and global contexts of the political economy of illegal narcotics operations in the Caribbean. Thirdly it assesses some of the political economy connections and consequences of the enterprise in the region. Finally, it discusses some of the measures adopted to contend with the illegal drug challenge in the area.
How valid is the Marxian theory of imperialism? This text traces the historical development of the theory of imperialism, the internationalisation of capital and theories of capitalist nation-state formation.
First Published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.
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.
Have you ever considered what the middle ground between capitalism and socialism would look like? Socially Mixed Economies offers a tantalizing snapshot of this brave new world, a third way born of compromise by countries accepting that social gains can develop in opposed systems. John Weber takes the reader on an intellectual journey through the give-and-take of post Cold War history. Drawing on examples from Europe, the United States, and the developing world this provocative work suggests that today's political landscape is far from polarized between purely socialist and capitalist regimes. Rather than documenting the triumph of "pure" capitalism over "pure" socialism, by means of different country-specific examples, Weber illustrates how much of today's political fabric has been shaped by "concessions." The result is a socially mixed economy, of coexisting capitalist and socialist structures. This is essential reading for economists, political scientists, and historians seeking to understand the evolution of a new transitional society and its important, unprecedented consequences for twenty-first century world politics.
Devine begins with an analysis of the theory and practice of capitalist planning, central planning and 'market socialism'. He argues that, while market socialism is currently favoured by many economists who reject both capitalism and the command planning of the Soviet model, it cannot fulfil the promises held out for it. In the remainder of the bo
Since the end of the Cold War, the human face of economics has gained renewed visibility and generated new conversations among economists and other social theorists. The monistic, mechanical "economic systems" that characterized the capitalism vs. socialism debates of the mid-twentieth century have given way to pluralistic ecologies of economic provisioning in which complexly constituted agents cooperate via heterogeneous forms of production and exchange. Through the lenses of multiple disciplines, this book examines how this pluralistic turn in economic thinking bears upon the venerable social-theoretical division of cooperative activity into separate spheres of impersonal Gesellschaft (commerce) and ethically thick Gemeinschaft (community). Drawing resources from diverse disciplinary and philosophical traditions, these essays offer fresh, critical appraisals of the Gemeinschaft / Gesellschaft segregation of face-to-face community from impersonal commerce. Some authors issue urgent calls to transcend this dualism, whilst others propose to recast it in more nuanced ways or affirm the importance of treating impersonal and personal cooperation as ethically, epistemically, and economically separate worlds. Yet even in their disagreements, our contributors paint the process of voluntary cooperation - the space commerce and community - with uncommon color and nuance by traversing the boundaries that once separated the thin sociality of economics (as science of commerce) from the thick sociality of sociology and anthropology (as sciences of community). This book facilitates critical exchange among economists, philosophers, sociologists, anthropologists, and other social theorists by exploring the overlapping notions of cooperation, rationality, identity, reciprocity, trust, and exchange that emerge from multiple analytic traditions within and across their respective disciplines.
The financial crisis of 2008 brought new urgency to the question how best to organise national economies. This volume gives a business history perspective on the Varieties of Capitalism debate and considers the respective merits of the liberal and coordinated market economies. It looks at individual firms and business people as well as institutions and takes a long-term perspective by covering the whole 20th century. The authors examine both continuity and change with a particular focus on the Netherlands, a nation with an open economy, situated between two countries that oppose each other in the way they organize their economies: Germany and Great Britain. The Netherlands also provides an important case study with Dutch business maintaining strong links to the United States, widely considered to be the 'typical' liberal market economy. Contributors address the main topics of the capitalism debate, including labour relations, corporate governance, the firm and its leaders, coordination between firms, innovation, multinationals as agents of change, and economic performance. They show that the Netherlands moved from a mostly liberal market economy before 1914 towards a coordinated market economy from the 1930s onwards, and - up to a certain extent - back again to a more liberal market economy. Under both varieties of capitalism the country experienced economic growth and stagnation, but a more equal division of wealth occurred in the coordinated market economy only. Wars and international economic crises offered moments for revaluation and changes of tack. This book raises questions for every country around the globe: How is change being brought about? Can one see different results from a liberal or a more coordinated market economy? And most critically: which system is more effective in bringing prosperity and enabling enough people to share in the wealth?
An increasing number of studies in the last decade or so have
emphasized the viability and persistence of distinctive systems of
economic coordination and control in developed market economies.
Over more or less the same period, the revival of institutional
economics and evolutionary approaches to understanding the firm has
focused attention on how firms create distinctive capabilities
through establishing routines that coordinate complementary
activities and skills for particular strategic purposes. For much
of the 1990s these two strands of research remained distinct. Those
focusing on the institutional frameworks of market economies were
primarily concerned with identifying complementaries between
institutional arrangements that explained coherence and continuity.
On the other hand, those focusing on the dynamics of firm behavior
studied how firms develop new capacities and are able to learn new
ways of doing things.
This book explores the historical roots of rapid economic growth in South Asia, with reference to politics, markets, resources, and the world economy. Roy posits that, after an initial slow period of growth between 1950 and the 1980s, the region has been growing rapidly and fast catching up with the world on average levels of living. Why did this turnaround happen? Does it matter? Is it sustainable? The author answers these questions by drawing connections, comparisons, and parallels between the five large countries in the region: India, Pakistan, Bangladesh, Sri Lanka and Nepal. It shows why, despite differences in political experience between these countries, similarities in resources and markets could produce similar trajectories. Home to a fifth of the world's population, South Asia's transformation has the power to change the world. Most accounts of the process focus on individual nations, but by breaking out of that mould, Roy takes on the region as a whole, and delivers a radical new interpretation of why the economy of South Asia is changing so fast.
Recognising the different ways that capitalism is theorised, this book explores various aspects of contemporary capitalism in India. Using field research at a local level to engage with larger issues, it raises questions about the varieties and processes of capitalism, and about the different roles played by the state. With its focus on India, the book demonstrates the continuing relevance of the comparative political economy of development for the analysis of contemporary capitalism. Beginning with an exploration of capitalism in agriculture and rural development, it goes on to discuss rural labour, small town entrepreneurs, and technical change and competition in rural and urban manufacturing, highlighting the relationships between agricultural and non-agricultural firms and employment. An analysis of processes of commodification and their interaction with uncommodified areas of the economy makes use of the 'knowledge economy' as a case study. Other chapters look at the political economy of energy as a driver of accumulation in contradiction with both capital and labour, and at how the political economy of policy processes regulating energy highlights the fragmentary nature of the Indian state. Finally, a chapter on the processes and agencies involved in the export of wealth argues that this plays a crucial role in concealing the exploitation of labour in India. Bringing together scholars who have engaged with classical political economy to advance the understanding of contemporary capitalism in South Asia, and distinctive in its use of an interdisciplinary political economy approach, the book will be of interest to students and scholars of South Asian Politics, Political Economy and Development Studies.
This book examines empirical and theoretical research on economic inequality from the perspective of dynamic models. By using advanced mathematical tools, it reveals fundamental market dynamics and underlines the role of subsistence constraints and competition in economic distribution.
The role of religion in development work has long been a neglected issue in the Western academic tradition. Religion and Development: Nordic Perspectives on Involvement in Africa is part of a recent wave of publications trying to bring more colors into the traditional black-and-white picture of religion and development as two separate analytical entities. Through the voices of experts in a variety of fields, from theology and development studies to social anthropology and global studies, this book sheds particular light on Nordic involvement in Africa. The relationship between North and South is explored through historical approaches and recent analysis, bringing relevant fieldwork and new case studies into the discussion. Numerous and varied sub-Saharan regions are presented in the book, and all the chapters take different approaches to how the North-South relationship has affected the development of the African continent for better or for worse. The contributors all argue that in order to understand development work in an era of global change, religion has to be an important part of the discussion.
The essays in this volume were published across the 1984-2011 period, and range across a variety of topics and approaches to investigate the changing nature of global capitalism as a social order. As such, they are a valuable and instructive account of the evolution of global capitalism and of the debates which sought to make sense of this; moreover, they enable us to understand more clearly how capitalism may change and evolve in the coming years and decades. The introduction provides a brief historical account of how global capitalism has changed since the 1960s, before summarising each of the essays, situating them more immediately in the context in which they were written. After sketching the evolution of his views over the period, the author concludes by discussing some important dimensions of global capitalism that need further study. The twelve essays are presented in four sections, dealing with the overarching theme of globalisation; the case of Britain; the developing regions of the global South and the former Soviet bloc; and the crisis that has gripped global capitalism since 2008. Presenting an interdisciplinary approach that corresponds with the emergence of international political economy as a distinct field of scholarship, this book will prove to be an invaluable resource for students and scholars of international political economy, politics, economics, international relations, development studies, human geography, critical sociology and business studies.
In this sequel to their acclaimed The Dominant Ideology Thesis, the authors develop their analysis of the social and cultural underpinnings of modern capitalism. They confront a central assumption of western culture: namely, that the individual is sovereign, and that capitalism above all other economic forms depends on individualism. These ideas have an unbroken history from Alexis de Tocqueville to Milton Friedman. The paradox of the modern world is that the moral emphasis on the individual is contradicted by the actual organization of economy and society. The authors suggest that individualism and capitalism have no enduring or necessary relationship. Their linkage is entirely accidental and was confined to one particular historical period in the West. Against the background of what they term the Discovery of the Individual, the authors show how individualism gave capitalism a particular shape, and capitalism in turn highlighted the possessive features of the individual. Oriental capitalism and late capitalism in the West bear no particular relationship to individualism; indeed, they flourish best in the absence of individualistic culture. Collectivism increasingly dominates both economic and social life. These issues once informed the sociological enterprise, but have not been systematically addressed in recent times. This book revives the classical tradition of the historical and comparative analysis of culture and economy in capitalist society, in the context of the late twentieth-century world.
The essays in this volume were published across the 1984-2011 period, and range across a variety of topics and approaches to investigate the changing nature of global capitalism as a social order. As such, they are a valuable and instructive account of the evolution of global capitalism and of the debates which sought to make sense of this; moreover, they enable us to understand more clearly how capitalism may change and evolve in the coming years and decades. The introduction provides a brief historical account of how global capitalism has changed since the 1960s, before summarising each of the essays, situating them more immediately in the context in which they were written. After sketching the evolution of his views over the period, the author concludes by discussing some important dimensions of global capitalism that need further study. The twelve essays are presented in four sections, dealing with the overarching theme of globalisation; the case of Britain; the developing regions of the global South and the former Soviet bloc; and the crisis that has gripped global capitalism since 2008. Presenting an interdisciplinary approach that corresponds with the emergence of international political economy as a distinct field of scholarship, this book will prove to be an invaluable resource for students and scholars of international political economy, politics, economics, international relations, development studies, human geography, critical sociology and business studies.
This volume assesses the achievements and limitations of a new set of non-state or multistakeholder institutions that are concerned with improving the social and environmental record of business, and holding corporations to account. It does so from a perspective that aims to address two limitations that often characterize this field of inquiry. First, fragmentation: articles or books typically focus on one or a handful of cases. Second, the development dimension: what does such regulation imply for developing countries and subaltern groups in terms of well-being, empowerment and sustainability? This volume examines more than 20 initiatives or institutions associated with different regulatory and development approaches, including the business-friendly corporate social responsibility (CSR) agenda, corporate accountability and fair trade or social economy. "
In this study of politics in capitalist society Bryan Turner explores the development of citizenship as a way of demonstrating the effective use of political institutions by the working class and other subordinate groups to promote their interests. Marxist criticisms of reformism are rejected; it is shown that subordinate groups can achieve significant advances in social and economic rights, and that democracy is not a sham but a necessary mechanism for the pursuit of interests.
States of Crisis and Post-Capitalist Scenarios engages with the crisis of our capitalist world, with a view to explaining its origins, unravelling its symptoms, and demystifying the anodyne corrective solutions so far proposed. At the same time, it endorses the necessity for utopian interventions aimed at drastically rethinking our social order. Organised around the themes of economy and politics; critical theory; and culture in order to offer an impressive range of thematic perspectives and critical angles, the book delves into the most pressing of today's quandaries by combining stringent critical analysis with creative foresight. A rigorous examination of the current crisis of late-capitalist society, States of Crisis and Post-Capitalist Scenarios develops paradigms that promise to rekindle the desire to move beyond capitalism towards a different social order. As such, it will appeal to scholars and students across the humanities and social sciences with particular interests in social and political theory, contemporary philosophy and the crises faced by the current capitalist order.
This timely book offers revealing insights into the changing role of China in world governance as exemplified by the Silk Road Initiative, the People's Republic's first published major initiative for external affairs. Focusing on various aspects of the Silk Road Initiative, particularly those that are largely neglected in current discussions, including culture and philosophy, finance and investment, environmental protection and social responsibility, judiciary and lawyers, the authors explore a wide range of contexts in which China's role as an emerging power in international relations and international law is examined. In the current era of ever-increasing populism, protectionism and challenges to globalization, the authors explore the Chinese philosophy underpinning Chinese norms of regional and international development. Bearing in mind the political and economic uncertainties hampering the establishment of such norms, the authors offer crucial insights into how the Silk Road Initiative could or should be developed and regulated.Given its depth of coverage, the book is an indispensable read for anyone interested in the Initiative and its social-legal implications.
This work explores essential debates on globalization and world-systems analysis. It begins with a review of theoretical insights from world-systems analysis and explains the evolution of its terminology. The book subsequently seeks to answer several important questions: When did globalization begin and what insights into contemporary globalization may be gained from older forms? How does globalization differ in different places, and how can different instances of globalization be compared? Who is affected by globalization, how are they affected, and how do these effects vary, if at all, over time and space? As world-systems analysis and studies of globalization require interdisciplinary expertise, the contributing authors draw on many fields, including anthropology, economics, geography, philosophy, political science, sociology, and world history. The book's overall goal is to facilitate the dialogue between approaches that, at times, seem to "talk at cross-purposes," and to extend an invitation to scholars from many different areas to explore globalization.
'Walden Bello is the world's leading no-nonsense revolutionary.' - Naomi Klein, author of The Shock Doctrine In this eye-opening and often scathing book, Walden Bello provides a forensic dissection of contemporary capitalism's multiple crises. Trenchant but constructive, Bello's analysis of the collapse of the global real economy, covering such issues as the Wall Street meltdown, the disintegration of the Greek economy, and the rise of China, emphasizes the ever more pressing need to engage in a radical process of deglobalization towards a decentralized, pluralistic world system. Only then will we be able to construct a fairer and more equitable society. A stirring call to arms for all those interested in global economic justice. |
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