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Books > Business & Economics > Economics > Economic systems > General
It now seems to be a given that the principles that presided over
the birth of liberalism and capitalism are no longer relevant. To
understand the evolution of this ideology and economic system,
Liberalism and Capitalism Today examines the work of the two
authors who have contributed the most to the analysis of the
conditions that lead to the emergence of these types of
organization: Alexis de Tocqueville of France and Max Weber of
Germany. This book thus analyzes how the evolution of the general
environment of a civilization leads to the emergence of new ways of
approaching economic life, and then to its development, thanks to
innovations in many fields. This historical perspective makes it
possible to understand the transformations that liberalism and
capitalism could offer. It suggests a potential path that does not
involve simply returning to a way of life that has been totally
altered by the evolution of civilizations and the economy, but
instead leads to a more peaceful way of living in most countries of
the world.
Explores capitalism’s role in creating the current state of
climate emergency Over the last 11,700 years, during which human
civilization developed, the earth has existed within what
geologists refer to as the Holocene Epoch. Now science is telling
us that the Holocene Epoch in the geological time scale ended,
replaced by a new more dangerous Anthropocene Epoch, which began
around 1950. The Anthropocene Epoch is characterized by an
“anthropogenic rift” in the biological cycles of the Earth
System, marking a changed reality in which human activities are now
the main geological force impacting the earth as a whole,
generating at the same time an existential crisis for the world’s
population. What caused this massive shift in the history of the
earth? In this comprehensive study, John Bellamy Foster tells us
that a globalized system of capital accumulation has induced
humanity to foul its own nest. The result is a planetary emergency
that threatens all present and future generations, throwing into
question the continuation of civilization and ultimately the very
survival of humanity itself. Only by addressing the social aspects
of the current planetary emergency, exploring the theoretical,
historical, and practical dimensions of the capitalism’s
alteration of the planetary environment, is it possible to develop
the ecological and social resources for a new journey of hope.
Why are some countries rich and others poor? Why does a farmer
in Sweden have a higher standard of living than a farmer in South
Africa? Why does a schoolteacher in Switzerland earn more than one
in Chicago? According to leading economic theorist John Kay,
economic markets are key to the wealth or poverty of the world's
nations. In Culture and Prosperity, Kay explores why market
economies outperform socialist or centrally directed markets -- and
why the imposition of market institutions often fails. His search
for the truth about markets takes him from the shores of Lake
Zurich to the streets of Mumbai, through theories of evolutionary
psychology and moral philosophy to the flower market at San Remo
and Christie's salesroom in New York.
Witty, engaging, and grounded in cutting-edge economic theory,
Culture and Prosperity is essential for understanding the state of
the world today.
Networking Games: Network Forming Games and Games on Networks
applies game theory methods to network analyses. Its concentration
on rigorous mathematical techniques distinguishes it from other
books on game theory. Developed by a mathematician and game
theorist with extensive contributions to applied mathematics, game
and probability theory, and written for graduate students and
professionals, the book's illuminations on network games can be
applied to problems in economics (in industrial organization,
regulation and competition policy, for instance) and operations
research.
The EU has experienced serious economic and political crises such
as the sovereign debt crisis and Brexit in the past few years.
However, despite these issues, the EU has implemented considerable
institutional, fiscal, and collective improvements during the
unification process to continue as a significant actor in the
global economy. The Handbook of Research on Social and Economic
Development in the European Union provides a multidisciplinary
evaluation of the institutional, economic, and social development
of the European Union and makes inferences for the future dynamics
and collaborations of the EU, the global economy, and other
countries. Featuring coverage on a broad range of topics such as
energy security, gender discrimination, and global economics, this
book is ideally designed for government officials, policymakers,
world leaders, politicians, diplomats, international relations
officers, economists, business professionals, historians, market
analysts, academicians, researchers, and students concerned about
the multifaceted integration processes surrounding the EU.
From Consent to Coercion examines the increasing assault against
trade union rights and freedoms in Canada by federal and provincial
governments. Centring the struggles of Canadian unionized workers,
this book explores the diminution of the welfare state and the
impacts that this erosion has had on broader working-class rights
and standards of living. The fourth edition witnesses the passing
of an era of free collective bargaining in Canada - an era in which
the state and capital relied on obtaining the consent of workers
and unions to act as subordinates in Canada's capitalist democracy.
It looks at how the last twenty years have marked a return to a
more open reliance of the state and capital on coercion - on force
and on fear - to secure that subordination. From Consent to
Coercion considers this conjuncture in the Canadian political
economy amid growing precarity, poverty, and polarization in an
otherwise indeterminate period of austerity. This important edition
calls attention to the urgent task of rebuilding and renewing
socialist politics - of thinking ambitiously and meeting new
challenges with unique solutions to the left of social democracy.
According to renowned Marxist economist Samir Amin, the recent Arab
Spring uprisings comprise an integral part of a massive "second
awakening" of the Global South. From the self-immolation in
December 2010 of a Tunisian street vendor, to the consequent
outcries in Cairo's Tahrir Square against poverty and corruption,
to the ongoing upheavals across the Middle East and Northern
Africa, the Arab world is shaping what may become of Western
imperialism - an already tottering and overextended system.The
Reawakening of the Arab World examines the complex interplay of
nations regarding the Arab Spring and its continuing, turbulent
seasons. Beginning with Amin's compelling interpretation of the
2011 popular Arab explosions, the book is comprised of five
chapters - including a new chapter analyzing U.S. geo-strategy.
Amin sees the United States, in an increasingly multi-polar world,
as a victim of overreach, caught in its own web of attempts to
contain the challenge of China, while confronting the staying power
of nations such as Syria and Iran. The growing, deeply-felt need of
the Arab people for independent, popular democracy is the cause of
their awakening, says Amin. It is this awakening to democracy that
the United States fears most, since real self-government by
independent nations would necessarily mean the end of U.S. empire,
and the economic liberalism that has kept it in place. The way
forward for the Arab world, Amin argues, is to take on, not just
Western imperialism, but also capitalism itself.
Co-operativism and Local Development in Cuba consists of a series
of pathbreaking essays on the role of co-operativism, and the new
co-operatives, in the democratic transformation of Cuba and the
government's plan to update the model in the current context. The
contributors are well-known specialists on Cuba, co-operativism and
local development. With a shared concern for how an increased focus
on co-operativism and local development can contribute to the
updating of the Cuban model and the advance of socialism, the
contributors to the book have placed an analysis of the issues
involved in the broader context of the international co-operative
movement and the ongoing capitalist development process in Latin
America. Contributors include: Milford Bateman, Al Campbell, Grizel
Donestevez Sanchez, Cliff DuRand, Olga Fernandez Rios, Julio C.
Gambina, Camila Pineiro Harnecker, Sonja Novkovic, Dayrelis Ojeda
Suris, Gabriela Roffinelli, Frederick. S. Royce, Dean Sinkovic,
Henry Veltmeyer, Marcelo Vieta.
This book presents a biographical history of the field of systems
thinking, by examining the life and work of thirty of its major
thinkers. It discusses each thinker's key contributions, the way
this contribution was expressed in practice and the relationship
between their life and ideas. This discussion is supported by an
extract from the thinker's own writing, to give a flavour of their
work and to give readers a sense of which thinkers are most
relevant to their own interests.
The global health crisis, exacerbated by the COVID-19 outbreak, has
challenged all sectors of society, including health, economics,
finance, and social inequality. The threats and complexities from
the COVID-19 pandemic shock are the core subject of this latest
volume in the Contributions to Economic Analysis series. The
Economics of COVID-19 contains selected contributions analysing the
effects of this pandemic, covering macroeconomics, computable
general equilibrium models, financial markets, the reduction in
seismic noise due to the slowdown in traffic and economic
activities caused by the spread of the virus, the rapid surge in
the digital transformation of production and consumption. Also
included are health studies proposing to improve the traditional
epidemic models, the effects of the pandemic on mental health,
Minority Ethnic Groups in the UK, as well as the Lombardy region in
Italy. The aim of this collection is to spur much needed research
into the effects of COVID on the global economy, the health, and
financial sectors, as well as its effects on development and growth
and economic inequality.
How Nations Innovate compares how affluent capitalist economies
differ in their patterns of technological innovation. Building on
the 'varieties of capitalism' literature, this book goes beyond the
traditional focus on 'radical versus incremental innovation' in
existing scholarship, and takes the comparison of capitalism to an
entirely new set of questions around technological innovation. For
example, which type of capitalism engages in job-threatening
innovation? Whose innovation widens income inequality? Whose
innovation raises productivity? Which type of capitalism has more
effective financial markets for innovation? Whose innovators
emphasize 'control' rather than 'flexibility' during innovation? By
addressing these questions, the author demonstrates that the way
nations innovate often has deep, and sometimes counter-intuitive,
implications for how they compare in many areas of socio-economic
performance. For example, although venture capital is most active
in Anglo-Saxon economies, it seems that venture-capital performance
in stimulating innovation is also poorest in precisely these
countries. On the issue of employment, the author argues that,
whilst technological innovation in Anglo-Saxon economies creates
jobs, innovation in European economies destroys jobs. Nations also
differ in the nature of income inequality driven by innovation.
While innovation pushes top earners further ahead of median earners
in Anglo-Saxon economies, it drags bottom earners further behind
the median in European economies. Finally, varieties of capitalism
also differ in their ability to cope with the volatilities of
innovation. While Anglo-Saxon economies face a trade-off between
low volatility and high innovation output, these two goals seem
jointly achievable in European economies.
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