Chapter 1 is the most important chapter in Capital, as well as the most difficult and the most controversial. An influential interpretation of Chapter 1 in recent decades has been the so-called “value-form interpretation� of Marx’s theory in general and Chapter 1 in particular.  The most important proponent of the value-form interpretation today, both in Germany and in the English-speaking world, is Michael Heinrich, and Heinrich’s work has emphasized the first chapter. Heinrich’s latest book in English is a detailed commentary of the first seven chapters of Volume 1 of Capital. The publication of an English translation of Heinrich’s book is an important event in Marxian scholarship and it is important to critically engage with this important book in order to advance our understanding of this critical foundational chapter. This book emphasizes the quantitative issue of whether the magnitude of value and socially necessary labour-time are determined in production or also depend on exchange and demand, which has been the main issue in the controversy over the value-form interpretation.

'...a wide-ranging, scholarly and humane book which should be read by anyone seriously interested in this country.' - David Donnison From the devastation of the Korean war, there emerged one of the most dynamic, rapidly growing economies the world has ever seen. Starting from a concern about the housing of people struggling to survive on low incomes in the cities of South Korea, Kim Woo-Jin throws light upon the whole development of Korean society since the civil war. He argues that housing has played a central part in both the development of the economy and its more recent slowdown. In the future, housing policies may play their part in resisting the destructive forces that the probable reunification of North and South will bring and recreate hope for the future.

The rapid growth over the past three decades has been instrumental in lifting over 600 million people in China out of poverty, and people want to know why and how it happened. International evidence has made it clear that a global economy based on current patterns of consumption and production is simply not sustainable. Policymakers have repeatedly been advised that economic growth, poverty reduction, equity, and environment and resource sustainability must be integrated into national development strategies. What about China? The principle limitation of existing China-focused economic studies lies in its imbalances from the perspective of analysis and the impact of growth on poverty and inequality. A limited number of studies are devoted to structural transformation and China's structural imbalances, social disparities and the impact of science and technology on growth and productivity. This book addresses the alarming environmental consequences of China's growth patterns within an overall quality growth framework. It contributes to the economic growth and development literature and current policy discourse on China by expanding the policy analysis to include several important new areas using the most recent data available. This includes analyzing the macroeconomic factors that underlie the need for China to advance its economic transformation; examining how social inequalities, including health, education and gender, have evolved and presenting the scale of environmental problems associated with China's growth miracle. This report represents the first attempt to integrate the issue of environmental sustainability and climate change into the quality growth context, providing readers with a comprehensive account of China's success and challenges in its three decades of rapid economic growth.

What makes some Eastern European countries politically victorious and economically prosperous while others have failed in both regards? Zuzowski deals with fundamental changes in the area after the demise of communism. He argues that the past is important because it is usually a reliable indicator of things to come in the near future. He also states that if systemic transformation is to succeed, a new totalism or comprehensive change introduced swiftly and based on justice and a rule of law is necessary. After a general discussion of Eastern Europe, Russia, Poland, and the Czech Republic are examined in detail. In addition, the West's approach to Eastern Europe after the collapse of communism is analyzed. This significant assessment will be of value to scholars, researchers, students, and policy makers involved with economic, political, and social change, post-communism, and Eastern Europe.

Since the 1973 publication of Alain Peyrefitte's prophetic "When China Awakens," developments in East Asia have outstripped even the wildest predictions. China has undergone the fastest industrialization and urbanization process in history, yet tensions there are rising as some realize how far they have been left behind. This volume explores the applicability of European economic and social models to our analysis of East Asia's and, in particular, China's situation. Though millions of Chinese and other Asian people have been lifted out of poverty, inequality is rising nonetheless, and contemporary Europe and Asia are both witnessing collective action against rampant economic neoliberalism in the former and the exclusion of minorities in the latter.

It is difficult to overstate the relevance of this assessment, which seeks answers to some central questions: Can events in Europe serve as a model for those in East Asia? Are there similarities or differences between the two regions? To what extent do political, economic or social systems stimulate or inhibit collective action? How culturally equivalent are the collective actions of marginalized/ disadvantaged people in the two locations, or are events in Europe symptomatic of specific cultural attributes? Comparing and contrasting the research tools and dominant paradigms in the social and economic sciences in East Asia and Europe, as this volume does, throws out some revealing results.

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The East Asian Crisis of 1997 and the following economic meltdown has raised new questions about the role of public policy in Asian economic growth and the best mix of policies to insure the survival of economic growth. Although economists agree that macroeconomic stability, the encouragement of exports and FDI inflows, and the development of human resources have been important in East Asian growth, they do not agree on whether industry specific policies have been useful. The policy experiences of the countries are diverse and do not show a strong relationship between policies and success. Bringing together the work of development economics experts, this book looks at the role of economic policy in East Asian development, the challenge of the economic meltdown, and the critical issues raised by that meltdown.

Based on research and conferences at the International Centre for the Study of East Asian Development in Kitakyushu, Japan, the book opens with general chapters considering the policies behind East Asian growth, then discusses the policies of each country in country specific chapters. Up to date in its discussion, the book considers the questions raised by the crisis of 1997 from a variety of perspectives.

The ability of societies to manage the current transition to an innovation-driven learning economy is determined by the capacity of existing institutions to facilitate the changes underway. Individual and social learning dynamics are critical to the innovation process and essential for developing and maintaining a sustainable competitive advantage. The crucial issue is: how well suited are the institutions of a region, nation or international regime to the task of coping with the dramatic changes currently underway in the global economy?

The recent crisis has redrawn attention to financial globalization. Dilip Das examines under what circumstances it can be welfare-enhancing and lead to rapid economic growth. Written in an accessible style, the book gives the latest insights on the topic.

This study examines the development of capitalism in Israel. Taking a different view from the traditional modernization perspective, Ben-Porat argues that since 1948--when Israel became a state--the process of forming a capitalist society has underlain all other major processes. To explain capitalism in Israel, a perspective is needed that treats the problems of implanting capitalism in post-colonial states. Problems include the undeveloped class structure; the inability of the bourgeoisie to fulfill its capitalist role; the continuing post-colonial dependency on state support; and, most importantly, the central role of the state in enhancing, but also regulating, capitalism.

This book brings together original research on the role of networks in regional economic development and innovation. It presents a comprehensive framework synthesizing extant theories, a palette of real-world cases in the aerospace, automotive, life science, biotechnology and health care industries, and fundamental agent-based computer models elucidating the relation between regional development and network dynamics. The book is primarily intended for researchers in the fields of innovation economics and evolutionary economic geography, and particularly those interested in using agent-based models and empirical case studies. However, it also targets (regional) innovation policy makers who are not only interested in policy recommendations, but also want to understand the state-of-the-art agent-based modeling methods used to experimentally arrive at said recommendations.

"As the international community struggles with major issues such as deforestation, it is increasingly turning to sustainable development and market-based mechanisms to tackle environmental problems. Focusing on forestry, this book investigates the legitimacy of global forums and evaluates the quality of global governance in the current era"--Provided by publisher.

This is the first comprehensive study of the economics and politics of postsocialism in thirty transition economies of Europe and Asia, comparing initial conditions, shifting target models, paths to reform, and progress to date. It is written by the architect of Poland's successful economic reforms, who offers alternative policy proposals to the Washington Consensus based on his practical experience.

This book is an extensive review of the current state of illegal immigration in Europe and North America whilst providing theoretical analysis. This analysis models illegal immigration in a two-country framework, highlights the inter-related labour markets and considers a range of immigration policy instruments, including border patrols and employer surveillance and sanctions. Distinguishing between scenarios with and without the international mobility of capital, this book also examines various profit sharing arrangements. Other issues explored include: - The effectiveness of tighter border patrols and internal surveillance upon the level of illegal immigration - The effects upon national and international welfare - And optimal immigration policy choices

The editors have assembled an international team of expert scholars together to describe and analyze the role of organized business in creating, and responding to, the regionalization and internationalization of markets and politics. Chapters focus on theoretical issues, discrete regions drawn from the major trading regimes around the globe, and sectors, and together address a number of important issues: First, to what extent does organised business push the deepening and widening of regional and global trading regimes? Second, does the development of these multi-level governance regimes in turn pull organised business into more comprehensive levels of organisation and public policy coordination? The collection concludes that globalization and the 'new regionalism' cannot be understood without recognising the key role of business organizations. This book is unique because no other volume details the critical relationship between organized business and globalization/new regionalism.

This is a succinct, timely introduction to one of the most highly charged political questions which has dominated British politics since 1945: Britain's position in Europe. The study traces the evolution of British policy towards Europe since 1945, presenting the full international context as well as the impact on domestic party politics - including an analysis of the divisions in the Conservative Party under John Major.

This book discussing in detail the Social Life Cycle Assessment (SLCA) of the global economy using the comprehensive Multi-Regional Input-Output (MRIO) technique. The content is presented in two parts, the first of which offers an introduction to social accounting and how it has been developed over the past few years with details on the methodologies and databases used. The second part of the book describes the footprints of the social accounts that have the highest impact on people's well-being (employment, income, working conditions,and inequality) and how they are linked to international trade. The need for reporting on such indicators falls within the purview of corporate/national social responsibility (part of the Triple Bottom Line). The book offers a valuable contribution to the literature for researchers and students engaged in the social sciences, human rights, and the implications of international trade on labour in developing countries.iv>

'How to combine the community, the market, and the state in the total economic system is probably the most important agenda for economists geared towards the reduction of poverty in developing economies'. - Professor Yujiro Hayami This volume brings together leading scholars from all around the world to examine and extend Professor Hayami's development model of 'community, market and state', and to pay tribute to his invaluable contribution to economics. The authors provide new empirical analysis with a clear focus on the role of the community in economic development, and its relations with agricultural markets, industrialization and the government, using primary data from major countries in Asia and Africa. This book is indispensable reading for all interested in development economics, government and market studies and international development studies.

For decades, the idea that more education will lead to greater individual and national prosperity has been a cornerstone of developed economies. Indeed, it is almost universally believed that college diplomas give Americans and Europeans a competitive advantage in the global knowledge wars.
Challenging this conventional wisdom, The Global Auction forces us to reconsider our deeply held and mistaken views about how the global economy really works and how to thrive in it. Drawing on cutting-edge research based on a major international study, the authors show that the competition for good, middle-class jobs is now a worldwide competition--an auction for cut-priced brainpower--fueled by an explosion of higher education across the world. They highlight a fundamental power shift in favor of corporate bosses and emerging economies such as China and India, a change that is driving the new global high-skill, low-wage workforce. Fighting for a dwindling supply of good jobs will compel the middle classes to devote more time, money, and effort to set themselves apart in a bare-knuckle competition that will leave many disappointed. The authors urge a new conversation about the kind of society we want to live in and about the kind of global economy that can benefit workers, but without condemning millions in emerging economies to a life of poverty.
The Global Auction is a radical rethinking of the ideas that stand at the heart of the American Dream. It offers a timely expose of the realities of the global struggle for middle class jobs, a competition that threatens the livelihoods of millions of American and European workers and their families."

Destructive conflicts have thwarted growth and development in South Asia for more than half a century. This collection of multi-disciplinary essays examines the economic causes and consequences of military conflict in South Asia from a variety of perspectives embracing fiscal, social, strategic, environmental and several other dimensions.

Transformations of the Welfare State gives a new twist to the longstanding debate on the impact of economic globalization on the welfare state. The authors focus on several small, advanced OECD economies in order to assess whether (and how) the welfare state will be able to compete under conditions of an increasingly integrated world economy.
Small states can be seen as an 'early warning system' for general trends, because of their dependence on world markets and vulnerability to competitive pressures. The book's theoretical part innovatively integrates the literature on the political economy of small states with more recent research on the impact of globalization on social policy to generate a set of ideal-typical policy scenarios. In the main body of the book, the authors systematically test these scenarios against the experience of four countries: Austria, Denmark, New Zealand, and Switzerland.
The comparative, in-depth analysis of reform trajectories since the 1970s in four key policy areas; pensions, labor market policy, health care, and family policy provides, according to the authors, substantial evidence of a new convergence in welfare state patterns. They go on to argue that this amounts to a fundamental transformation of the welfare state from the old Keynesian welfare state positioned 'against the market' to a new set of supply-side policies 'with' and 'for' the market. Yet one of the big lessons to be learned from this timely study is that the transformation does not match the doomsday scenario predicted by neo-classical economists in the 1990s. There is no evidence of a 'race to the bottom' of social expenditure and standards of social protection, nor of a convergence towards a 'liberal' social policy model. Looking to the possible future of the welfare state in an era newly marked by profound uncertainty, the authors sound an optimistic note for states of any size.

This book is a compendium of case studies illustrating how economic tools and techniques can be used to address a wide range of problems in the management and conservation of marine and coastal ecosystems in a developing country context. The studies, which were conducted with support from the Economy and Environment Program for Southeast Asia (EEPSEA), cover topics such as mobilizing conservation finance from beneficiaries of marine and coastal ecosystem services; quantifying ecosystem damage and its impact on dependents of ecosystem resources and services; determining the best package of policy reforms that put a price on pollution and regulate economic activities generating pollution with the goal of restoring coastal and marine resources; and analyzing community-based institutions that support sustainable management of fisheries and coastal resources. Studies in the book also provide general guidelines for conducting economic appraisals. It is essential reading for teachers, researchers, students and practitioners in fishery economics, economic development, ecosystem management, and other key issues facing policymakers in the Southeast Asian region.

Although Harriet Beecher Stowe's Uncle Tom's Cabin is considered to be the book that most motivated a nation against slavery, it was not a work of fiction, but rather a sociological treatise that perhaps should take that honor. Hinton Rowan Helper, a slaveholder's son, wrote a well-researched and persuasive indictment of slavery, which not only became widely known but also had a major impact on American politics. In fact, it was instrumental in helping Abraham Lincoln win the Presidential election of 1860. However, this work, The Crisis of the American South, is complex, and it would be a mistake to look at it solely as anti-slavery propaganda. Helper, as other authors, argued that the basic injustices within the institution of slavery were a heinous offence against Christian principles. Yet, he went much further than others to document the harm that was actually being done to society by this institution. For example, Helper claimed that slavery was keeping the South backwards agriculturally and industrially, that it was destroying land prices, and hindering railroad building. In addition, he brought much needed attention to key cultural aspects that were usually ignored, such as the dependence of Southerners on the products of Northern industry, a lack of patriotism amongst the Southern elite, and the inability of the illiterate poor whites of the South to express their desires and aims. It is clear from his writing, that although Helper was sympathetic to the plight of blacks, he empathized most with the downtrodden whites of the South. Ultimately, Helper's larger goal was to provoke a type of socialist revolution, and the emancipation of slaves was only one aspect of this. Hinotn Rowan Helper (1829-1909) was born and raised in North Carolina, his father dying only a year after his birth. His family owned a few slaves, working them on a small farm. After a wasted three years in California during the "gold rush," he apparently contemplated a work that would address the economic problems in his own part of the country, the South. After much difficulty in publishing this book, Helper eventually achieved great success and popularity. He went on to live in South America, being appointed by President Lincoln as U.S. consul to Buenos Aires. Although respected as a scholar for his landmark anti-slavery work, his later writings became strident and polemical. Through various publications, he warned Americans about the threat that blacks and other non-white races posed for American society. His erstwhile supporters came to regard his post-war views with distaste, and they could not allow themselves to be associated with his program of nativism. Paul Dennis Sporer has edited many other works that contribute to the understanding of American society, such as End of an Era, by John Sergeant Wise, Is Secession Treason? by Albert Bledsoe, Newer Ideals of Peace, by Jane Addams, and Half a Century, by Jane Swisshelm.

This book explores new forms of private, mutual municipal, public-private and "reverse" state funding of public investments, co-payments and shared contributions, vouchers, and pooled public risk-financing. It includes case studies taken from the Nordic countries, UK, Spain, Slovenia, Slovakia, Turkey and South Korea.

"As a window for understanding the relationship between globalization and the state's pursuit of national industrial development, this book examines how and why the Chinese government succeeded in leveraging China's international competitive advantages to modernize the country's automotive industry from 1978 to 2001"--Provided by publisher.