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Books > Business & Economics > Economics
As Frances Fox Piven and Richard Cloward argued in the early
seventies, in a capitalist economy, social welfare policies
alternatingly serve political and economic ends as circumstances
dictate. In moments of political stability, governments emphasize a
capitalistic work ethic (even if it means working a job that will
leave one impoverished); when times are less politically stable,
states liberalize welfare policies to recreate the conditions for
political acquiescence. Sanford Schram argues in this new book that
each shift produces its own path dependency even as it represents
yet another iteration of what he (somewhat ironically) calls
"ordinary capitalism," where the changes in market logic inevitably
produce changes in the structure of the state. In today's ordinary
capitalism, neoliberalism is the prevailing political-economic
logic that has contributed significantly to unprecedented levels of
inequality in an already unequal society. As the new normal,
neoliberalism has marketization of the state as a core feature,
heightening the role of economic actors, especially financiers, in
shaping public policy. The results include increased economic
precarity among the general population, giving rise to dramatic
political responses on both the Left and the Right (Occupy Wall
Street and the Tea Party in particular). Schram examines
neoliberalism's constraints on politics as well as social and
economic policy and gives special attention to the role protest
politics plays in keeping alive the possibilities for ordinary
people to exercise political agency. The Return of Ordinary
Capitalism concludes with political strategies for working
through-rather than around-neoliberalism via a radical, rather than
status-quo-reinforcing, incrementalism.
The impact of the COVID-19 pandemic - at the interlocking levels of
politics, economy, and society - have been different across
regions, states, and societies. In the case of the Middle East and
North Africa, which was already in the throes of intense tumult
following the onset of the 2011 Arab Spring, COVID's blows have on
the one hand followed the trajectory of some global patterns, while
at the same time playing out in regionally specific ways. Based on
empirical country-level analysis, this volume brings together an
international team of contributors seeking to untangle how COVID-19
unfolds across the MENA. The analyses are framed through a
contextual adaptation of Ulrich Beck's famous concept of "risk
society" that pinpointed the negative consequences of modernity and
its unbridled capitalism. The book traces how this has come home in
full force in the COVID-19 pandemic. The editors, Larbi Sadiki and
Layla Saleh, use the term "Arab risk society". They highlight
short-term and long-term repercussions across the MENA. These
include socio-economic inequality, a revitalized state of
authoritarianism challenged by relentless democratic struggles. But
the analyses are attuned to problem-solving research. The
"ethnographies of the pandemic" included in this book investigate
transformations and coping mechanisms within each country case
study. They provide an ethically-informed research praxis that can
respond to the manifold crises crashing down upon MENA polities and
societies
A "highly entertaining history [of] global hustling, cola wars and
the marketing savvy that carved a niche for Coke in the American
social psyche" (Publishers Weekly). Secret Formula follows the
colorful characters who turned a relic from the patent medicine era
into a company worth $80 billion. Award-winning reporter Frederick
Allen's engaging account begins with Asa Candler, a
nineteenth-century pharmacist in Atlanta who secured the rights to
the original Coca-Cola formula and then struggled to get the
cocaine out of the recipe. After many tweaks, he finally succeeded
in turning a backroom belly-wash into a thriving enterprise. In
1919, an aggressive banker named Ernest Woodruff leveraged a
high-risk buyout of the Candlers and installed his son at the helm
of the company. Robert Woodruff spent the next six decades guiding
Coca-Cola with a single-minded determination that turned the soft
drink into a part of the landscape and social fabric of America.
Written with unprecedented access to Coca-Cola's archives, as well
as the inner circle and private papers of Woodruff, Allen's
captivating business biography stands as the definitive account of
what it took to build America's most iconic company and one of the
world's greatest business success stories.
Sustainable development is a long-term solution to how we plan our
indefinite progress in the future. The concept covers a broad scope
of environmental, social, and economic development, which continues
to prove its importance in our lives as it affects all aspects of
them. Innovative Economic, Social, and Environmental Practices for
Progressing Future Sustainability explores the current practice and
implementation of economic, social, and environmental sustainable
development. This book offers a reference for a wide number of
stakeholders interested in the importance of economic, social and
environmental development in sustainable development. New
contributions, especially theoretical, practical and managerial,
will be discussed in this book. This book is a reference for a wide
number of stakeholders interested in the area of sustainable
development, especially in the area of economic, social, and
environment. This text is an international platform to bring
together academics, researchers, lecturers, decision-makers,
policymakers, and practitioners to share new theories, research
findings, and case studies.
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