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Evolutionary Political Economy in Action - A Cyprus Symposium (Paperback)
Loot Price: R1,245
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Evolutionary Political Economy in Action - A Cyprus Symposium (Paperback)
Series: Routledge Advances in Heterodox Economics
Expected to ship within 12 - 17 working days
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The world is in turmoil, the dynamics of political economy seem to
have entered a phase where a 'return to normal' cannot be expected.
Since the financial crisis, conventional economic theory has proven
itself to be rather helpless and political decision makers have
become suspicious about this type of economic consultancy. This
book offers a different approach. It promises to describe political
and economic dynamics as interwoven as they are in real life and it
adds to that an evolutionary perspective. The latter allows for a
long-run view, which makes it possible to discuss the emergence and
exit of social institutions. Evolutionary Political Economy in
Action consists of two parts. Part I provides a broad range of
issues that show how flexible evolutionary political economy can
handle acute policy problems in Europe: should Europe support the
revived build-up of NATO forces on its Eastern border, or should it
rather aim at economic cooperation with Russia? How can democracy
for a whole continent be reasonably further developed; what is the
role of economies of scope? Do the new protest movements against
inequality provide alternatives? What could a vision for a unified,
socioecological Europe look like? Part II takes a closer look at
Cyprus and Greece, where the problems of the financial crisis have
been exacerbated by the 'solutions' imposed on them by the troika.
In all of these essays, the authors demonstrate the unique insights
which can be garnered from adopting an evolutionary political
economy approach and consider the real solutions that such an
approach points towards. This volume is extremely useful for social
scientists in the fields of economics, politics and sociology who
are interested to learn what evolutionary political economy is, how
it proceeds and what it can provide.
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