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The rise of the information age and the digital economy has dramatically changed engineering. With tremendous advances in computing and communication systems, causing major organizational upheaval, all fueled by complexity, globalization, short cycle times, and lean supply chains, the functions of engineers have significantly changed. Engineers must be technically savvy and have product management and costing skills all while working in a distributed and often unstable environment. This new edition textbook is updated to cover the integration of cost, risk, value, scheduling, and information technologies going beyond basic engineering economics. Engineering Economics of Life Cycle Cost Analysis, Second Edition offers a systems and life cycle or total ownership cost perspective. It presents advanced costing techniques such as simulation-based costing, decision analysis, complex systems costing, software, big data, and cloud computing estimation. Examples and problems demonstrating these techniques with real-world applications are also included. All engineers will find this book useful, but it is mainly written for systems engineers, engineering management, and industrial engineers along with graduate courses on advanced engineering economic analysis and cost management, and financial analysis for engineers. To assist with classroom teaching, the textbook provides an instructor's manual for qualified course adoption and downloadable Excel solutions.
This book offers a critical reconstruction of the double movement, the central thesis of Karl Polanyi's The Great Transformation, one of the most influential books of the 20th century. The double movement is the establishment of a free market economy and the subsequent effort by society to ameliorate the destructive effects of the market. In Polanyi's bold vision, the double movement constituted the hidden gear of social change and historical transformation within capitalism. The book is a forensic examination and critique of Polanyi's argument. It develops an interpretive framework of the double movement as four interrelated social processes: the establishment of the self-regulating market, the rise of a market society that deepens and extends market imperatives, a social protection phase that constrains the market and safeguards society, and the contradictions and crises that result from this clash of social principles. The book will be an indispensable guide for students and scholars across the social sciences which illuminates the relevance of Polanyi's insights to a critical understanding of the contemporary era -the scourge of insecurity and inequality, the multiple crises of neoliberalism, the rise of right wing populism- as well as those interested in egalitarian and emancipatory alternatives to capitalism.
At a time when families break up and employment is often
short-term, society is increasingly forced to operate against a
background of insecurity. Insecure Times looks at how this sense of
risk and instability has affected the major institutions of social
life.
At a time when families break up and employment is often
short-term, society is increasingly forced to operate against a
background of insecurity. Insecure Times looks at how this sense of
risk and instability has affected the major institutions of social
life.
Work and Idleness develops the view that redistributing employment is a `feasible capitalist' solution, not just to the unemployment which particular groups suffer, but also to the work that others have to contend with, including many women. Putting the redistribution of employment on the policy agenda opens up debate on how to ensure a more equitable and fulfilling relationship between the ways we gain our livelihoods and the lives we lead. Growing insecurity in labour markets and changing patterns in the commodification of labour have led to a redistribution of paid and unpaid labour time as the structure of power relations, the gender order, discrimination, and state regulation have been modified. The first main trend affecting insecurity is mass unemployment and the growth of workless households. A second notable trend is a gender-based redistribution of hours worked. The third major trend is a shift from full-time waged work to full-time self-employment. Part I of this book presents the main economic theories driving the continuing divide between the intensification of work and the extension of idleness. Part II documents the ways in which the shift to mass idleness in advanced industrial countries has hit some groups particularly hard: the youngest and oldest age groups and other groups, including disabled workers, have traditionally been subject to discrimination in the labor markets. Part III provides a set of policy prescriptions.
Work and Idleness develops the view that redistributing employment is a feasible capitalist' solution, not just to the unemployment which particular groups suffer, but also to the work that others have to contend with, including many women. Putting the redistribution of employment on the policy agenda opens up debate on how to ensure a more equitable and fulfilling relationship between the ways we gain our livelihoods and the lives we lead. Growing insecurity in labour markets and changing patterns in the commodification of labour have led to a redistribution of paid and unpaid labour time as the structure of power relations, the gender order, discrimination, and state regulation have been modified. The first main trend affecting insecurity is mass unemployment and the growth of workless households. A second notable trend is a gender-based redistribution of hours worked. The third major trend is a shift from full-time waged work to full-time self-employment. Part I of this book presents the main economic theories driving the continuing divide between the intensification of work and the extension of idleness. Part II documents the ways in which the shift to mass idleness in advanced industrial countries has hit some groups particularly hard: the youngest and oldest age groups and other groups, including disabled workers, have traditionally been subject to discrimination in the labor markets. Part III provides a set of policy prescriptions.
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