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Institutional Analysis and Praxis - The Social Fabric Matrix Approach (Hardcover, 2009 ed.)
Loot Price: R5,982
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Institutional Analysis and Praxis - The Social Fabric Matrix Approach (Hardcover, 2009 ed.)
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There has never been a better time for the social fabric matrix. As
this book is being published, the idea that unregulated market
capitalism leads to the best of all possible worlds has been
thoroughly discredited. A series of economic and social problems
have come to the forefront of national discussion and policy
debates. There is now widespread acceptance that human activity,
particularly the consu- tion of nonrenewable energy resources, has
contributed to global warming. The lack of oversight of the
financial industry encouraged reckless practices that endangered
the stability of the entire financial system, prompting bailout
efforts based on the fragile interdependence of the financial and
economic systems. The shortcomings of our health care system are
increasingly evident, including the growing number of uninsured
citizens, the difficulties for businesses in offering health
insurance, and the effects of health and health care on the ability
of individuals and families to maintain a decent standard of
living. Perhaps the best illustration of a complex system that
cries out for coordinated policy-making is in the critical area of
energy, where public and private decisions on energy policy not
only have direct effects on consumer costs, but also have effects
on global warming, local ecosystems, int- national relations, the
health of our citizens, and the sustainability of companies and
communities. In short, there is growing recognition of the
interdependence of the economic system with the environment and the
broader institutions of society.
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