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Books > Business & Economics > Economics > Economic systems > General
Reframing central categories in Western critical thought, this book investigates the relationship between capitalism and coloniality in society and education, and reconceptualizes emancipatory theory and pedagogy in response. De Lissovoy exposes a logic of violation at the heart of capitalist accumulation and argues that we need to attend to ontological and epistemological orders of domination within which subjectivity takes shape. Systematically bridging the theoretical traditions of Marxism, Latin American decolonial thought, and critical pedagogy, De Lissovoy shows how a new critical imaginary can reorder curriculum in schools and other educational spaces, organize a form of learning beyond the capitalist imperatives of imposition and exploitation, and reconstruct pedagogical relationships in the mode of a decolonial and democratic commons.
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.
'Jha is the right scholar and economist to take readers through the development of the Indian economy. Readers will be in good hands.' -Edmund Phelps, Columbia University, USA, and winner of the 2006 Nobel Prize in Economics 'This is perhaps the best and most scholarly contribution to understanding the Indian Economy and Society. Its rich historical perspective and a profound understanding of how India has evolved into a major economic power set standards of scholarship and analytical rigour that will be hard to surpass". -Raghav Gaiha, University of Manchester, UK 'Linking of economy and society is increasingly recognised as essential for addressing policy challenges by the current phase of globalisation. As such this study should be valuable not just for those studying India, but also for those interested in global developments.' -Mukul Asher, National University of Singapore, Singapore 'This book is a tour-de-force review of the fundamental topics on the Indian political economy and society that are relevant for any committed social scientist to be aware of.' -Sumit K. Majumdar, University of Texas at Dallas, USA This two-volume work provides an account of how India has been meeting its myriad of economic, political and social challenges and how things are expected to evolve in the future. Despite enormous challenges at the time of independence, India chose to address them within a secular, liberal, democratic framework, which guaranteed several fundamental rights. Challenges included intense mass poverty and hunger, very poor literacy and educational abilities of the population, the task of uniting a country with scores of languages and ethnicities ruled by different entities for decades and persistent threats of external aggression, to name just a few. Over time, incomes and opportunities have expanded enormously and India has regained her self-confidence as a nation. In this first volume, Jha presents a long view of the performance of the Indian economy and discusses key aspects of India's population, land and labor. In addition, the Indian Constitution and basic structure of governance are analysed within the context of major economic and political developments in independent India.
Consistency and Viability of Islamic Economics Systems and the Transition Process has the crucial intention of stimulating interest in Islamic economics by studying the Islamic Republic of Iran using the analytical framework of consistency and viability. This text develops an original analytic framework to understand the relationship between the economic, political, and ideological structures, the external environment, and the process of reform that gives rise to certain economic systems by establishing consistency. Consistency, however, is not enough; a consistent economic system must be flexible and have the internal mechanisms to be able to adapt to changes in social reality, thus making possible its survival over time. In other words, the economic system is viable when it is able to encourage increases in labor productivity and there is popular support. The collapse of centrally administered socialism in Central and Eastern Europe and the former Soviet Union resulted in what was commonly referred to as the transition problem.
This book examines the main causes of financial instability and highlights that, with the exception of wars and pandemics, the financial system is the source of the crisis, not just a means of spreading it, as most mainstream experts believe. Based on the following findings, the innovative sections of this book provide academics and policymakers with important and practical knowledge: because negative shifts in the financial system precede recessions, financial indicators can predict the onset of a crisis much earlier than real variables; the proposed recession forecasting model can predict the emergence of the crisis a month in advance. When the economy's sensitivity to the financial system is reduced, there will be only modest negative economic growth and no true recessions.
Analyzing the key problems facing the transition countries in Central and Eastern Europe, this book describes the legacy of the central planners and the need for radical reforms. It documents the outstanding successes and failures, and demonstrates how some countries have graduated from "transition" to "integration" through membership in the European Union. The study concludes by indicating how the EU could help the poor performers through inclusion in a continent-wide integrated economic area. The book appeals to students in economics, comparative politics and area studies.
In 1985, General Secretary Mikhail S. Gorbachev led the Soviet Union through a series of revolutionary reforms, such as Perestroika ('Restructuring') and Glasnost ('Openness'). Yet many of these changes failed, resulting in the collapse of centrally administered socialism throughout the country and most of Eastern Europe. Consistency and Viability of Socialist Economics Systems establishes a new and enlightening approach to understanding complex socialist economies. This book presents an original analytical framework to better map out the relationship between the economic, political, ideological structures, and the external environment, as well as the reform process that gives rise to certain economic systems.
Stellar group of trans-disciplinary experts Addresses major questions for the future of social science research Topical coverage of issues such as artificial intelligence, political polarization and global financial systems
Stellar group of trans-disciplinary experts Addresses major questions for the future of social science research Topical coverage of issues such as artificial intelligence, political polarization and global financial systems
This volume contains country experiences explained by policy makers and studies by leading experts on causes and consequences of capital flows as well as policies to control these flows. It addresses portfolio flow issues central to open economies, especially emerging markets.
This book critically assesses how the rise of the collaborative economy in the European Union Digital Single Market is disrupting consolidated legal acquisitions, such as classical internal market categories, as well as the applicability of consumer protection, data protection, and labour and competition law. It argues that the collaborative economy will, sooner or later, require some sort of regulatory intervention from the European Union. This regulatory intervention, far from stifling innovation, will benefit online platforms, service providers and users by providing them with a clearer and more predictable environment in which to conduct their business. Although primarily intended for academics, this book also appeals to a wider readership, including, but not limited to, national and international regulators, private firms and lobbies as well as online platforms, consumer associations and trade unions.
This book investigates why Austrian economists fail to apply the spontaneous order framework to cooperative relationships - such as a dynamic and evolving public sector - that might complement a thriving market. In direct response to Israel Kirzner's The Driving Force of the Market, Nell challenges traditional Austrian economics by proposing "democratic process theory" as a parallel to market process theory, highlighting the possibilities for an economic organization that harnesses the power of transparent and effective democracy. Keeping in mind the central problems experienced in socialist and capitalist countries due to self-interested political and economic actors, The Driving Force of the Collective highlights the public sector advantages of allowing culture and institutions to evolve endogenously as a spontaneous public sector order.
We have long been suspicious of corporations recklessly pursuing profit and amassing wealth and power. But the story of the corporation didn't have to be like this. For most of history, they were not amoral entities, but public institutions designed to promote the societies that granted them charter. Magnuson reveals how the corporation has evolved since its beginnings in the ancient world. What happens in this next chapter of the global economy depends on whether we can return to their public-minded spirit, or whether we have sunk irrevocably into the swamp of high profit at all costs. Epic and compelling in scope, For Profit illuminates the roles corporations played, for good and evil, in the making of the modern world.
By 1999, Russia's economy was growing at almost 7% per year, and by 2008 reached 11th place in the world GDP rankings. Russia is now the world's second largest producer and exporter of oil, the largest producer and exporter of natural gas, and as a result has the third largest stock of foreign exchange reserves in the world, behind only China and Japan. But while this impressive economic growth has raised the average standard of living and put a number of wealthy Russians on the Forbes billionaires list, it has failed to solve the country's deep economic and social problems inherited from the Soviet times. Russia continues to suffer from a distorted economic structure, with its low labor productivity, heavy reliance on natural resource extraction, low life expectancy, high income inequality, and weak institutions. While a voluminous amount of literature has studied various individual aspects of the Russian economy, in the West there has been no comprehensive and systematic analysis of the socialist legacies, the current state, and future prospects of the Russian economy gathered in one book. The Oxford Handbook of the Russian Economy fills this gap by offering a broad range of topics written by the best Western and Russian scholars of the Russian economy. While the book's focus is the current state of the Russian economy, the first part of the book also addresses the legacy of the Soviet command economy and offers an analysis of institutional aspects of Russia's economic development over the last decade. The second part covers the most important sectors of the economy. The third part examines the economic challenges created by the gigantic magnitude of regional, geographic, ethnic, religious and linguistic diversity of Russia. The fourth part covers various social issues, including health, education, and demographic challenges. It will also examine broad policy challenges, including the tax system, rule of law, as well as corruption and the underground economy. Michael Alexeev and Shlomo Weber provide for the first time in one volume a complete, well-rounded, and essential look at the complex, emerging Russian economy.
Artificial Intelligence (AI) has seen major advances in recent years. While machines were always central to the Marxist analysis of capitalism, AI is a new kind of machine that Marx could not have anticipated. Contemporary machine-learning AI allows machines to increasingly approach human capacities for perception and reasoning in narrow domains. This book explores the relationship between Marxist theory and AI through the lenses of different theoretical concepts, including surplus-value, labour, the general conditions of production, class composition and surplus population. It argues against left accelerationism and post-Operaismo thinkers, asserting that a deeper analysis of AI produces a more complex and disturbing picture of capitalism's future than has previously been identified. Inhuman Power argues that on its current trajectory, AI represents an ultimate weapon for capital. It will render humanity obsolete or turn it into a species of transhumans working for a wage until the heat death of the universe; a fate that is only avoidable by communist revolution.
Adam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations was the product of the rich tradition of the Scottish Enlightenment but the book's fame immediately spread across the whole of Europe. This book looks at the long journey of Smith's ideas from Scotland to peninsular Spain, reconstructing in detail the reception, adaptation, interpretation, and application of Smith's central concepts from 1777 up to 1840. In light of methodological advances during the last two decades in the history of economic thought and the studies on the late Spanish Enlightenment and early Liberalism, the book tackles a series of significant issues and gaps in the historiography. In particular: this book sheds new light on the role of France as an intermediate step as the ideas spread from Britain southwards; the analysis draws not just on translations but also handwritten materials, book reviews, syntheses, summaries, plagiarism and rebuttals; a wide range of methods of dissemination are considered including the printing press and periodicals, parliamentary debates, academic chairs and societies; the role of individual translators and agents is given due prominence; the political interpretations of the Wealth of Nations and the ways in which the book was incorporated into the work of Spanish economists in the decades following publication are also considered. This book marks a significant contribution to the literature on the reception of Smith's Wealth of Nations, studies of the Spanish Enlightenment and history of economic thought more broadly.
This book explores the complex history of Catalonia in relation to Spain from an economic and political perspective. It begins in the Middle Ages and ends in the present day, analysing the intricate political problems of modern day Catalonia within a context of European integration and nationalism.
The discipline of law and economics has earned a reputation for developing plausible and empirically testable theories on the social functions and the impact of legal institutions. Property rights are a field in which this has been very successful. In this book, economic property rights theories are applied to case law in order to examine the practice and solution of real life conflicts. The author examines the economic problems which are dealt with in these cases and evaluate the courts' decisions from an economic angle. Cases are examined from across the UK, the US, Germany, Belgium and Canada to allow international comparisons to be made. These comparisons reveal that, regardless of the legal system, many legal issues have similar economic roots and therefore similar models of economic analysis can be applied. The analysis of these cases also shows that the discipline of law and economics is not only successful in developing explanatory models but also useful to generate better considerations and solutions for legal conflicts in individual cases. This book aims to bridge the gap between the academic and professional literature and demonstrate the benefits of the economic analysis of property rights cases to all those who are interested in law and economics.
Winner of the first Paul A. Baran-Paul M. Sweezy Memorial Award for an original monograph concerned with the political economy of imperialism, John Smith's Imperialism in the TwentyFirst Century is a seminal examination of the relationship between the core capitalist countries and the rest of the world in the age of neoliberal globalization.Deploying a sophisticated Marxist methodology, Smith begins by tracing the production of certain iconic commodities-the Tshirt, the cup of coffee, and the iPhone-and demonstrates how these generate enormous outflows of money from the countries of the Global South to transnational corporations headquartered in the core capitalist nations of the Global North. From there, Smith draws on his empirical findings to powerfully theorize the current shape of imperialism. He argues that the core capitalist countries need no longer rely on military force and colonialism (although these still occur) but increasingly are able to extract profits from workers in the Global South through market mechanisms and, by aggressively favoring places with lower wages, the phenomenon of labor arbitrage. Meticulously researched and forcefully argued, Imperialism in the TwentyFirst Century is a major contribution to the theorization and critique of global capitalism.
The Annual Report objectively reflects the whole year's progress of politics, economy, society, culture, system, environment, innovation and reform, as well as the problems, challenges and countermeasures in traditional special economic zones and new special economic zones. It analyses China's Special Economic Zones, including overall review on the whole year's development state of the reform experimental zone and part of new special economic zones, which focuses on analyzing the transformation of special economic zones, use of resources, the sustainable development, economic and social development, social security and technical innovation from the aspects of present situation of development, the comparative analysis, and policy suggestions and puts forward development suggestions for each specific issue.
This book analyses the social and cultural status of high streets in the age of recession and austerity. High streets are shown to have long been regarded as the heart of many communities, but have declined to a state where boarded-up and vacant retail units are a familiar sight in many British cities. The book argues that the policies deemed necessary to revive the fortunes of high streets are often thinly-veiled attacks on the tastes and cultures of the working class. Policy-makers often promote boutiques, art galleries and upmarket cafes at the expense of some of the outlets frequented by less affluent populations, including betting shops, fast food takeaways, discount stores and bargain booze outlets. Highlighting the social and cultural roles that so-called 'dying' high streets continue to play in the lives of working class and disadvantaged populations, this book provides a powerful argument against retail gentrification, and a timely analysis of class conflict in austerity Britain. It will be of great interest to scholars of geography, social policy and cultural studies.
Efforts to combine the outstanding economic performance in the decades following the Second World War with social security appear to be endangered half way through the first decade of the 21st century. This book draws together an international team of contributors, including Douglass North, Harold Demsetz and Michael Piore to assess the current world order.
This book offers a rare glimpse into China's Korean minority, which dominates the area bordering North Korea; even as Korea is riven into capitalist and communist societies, China's Koreans register this dilemma as one internal to the society they live in, in China's postindustrial Northeast. As this research makes clear, once driven by state investment in industry, the Northeast is now struggling to define its identity as a post-industrial region; the ethnic Koreans there even more so. This monograph provides a distinctive look at a group shaped by political turmoil, economic transformation, and cultural struggle; the study may offer an idea of what the future of the Korean peninsula itself might be, disentangling the puzzling contradictions and synergies between nationality, locality and development in China. |
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