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This book provides a detailed analysis and counter-poses alternative Neo-Marxist "unequal exchange" foundational models of global trade and finance. In the first part of the book the three core free trade models are respectively demonstrated to be: overdetermined, inapplicable, and infeasible. In the second part of the book unequal exchange analyses of global trade are shown to provide logically coherent and useful insights into global trade and finance. In the third and final part of the book, this unequal exchange perspective is used, within a general "Demand and Cost" setting to develop a set of global managed trade principles for a more equitable and sustainable world trade regime.
A key question this volume seeks to answer is whether the BRICS and so-called "emerging market" phenomena is really the new miracle it is presented as, offering new or modified varieties of reloaded capitalist development to the world, or yet another mirage. Written by 10 leading global experts, this book answers the tough questions over BRICS and emerging markets potentially realizing new varieties of reloaded capitalism. It is not only international and interdisciplinary but uniquely multiperspectival. Theories framing chapters are not of one genre, but generate theoretical debate at the frontier of knowledge in political economy along with nuanced empirical analysis which flows from it.
Shows how theology shaped political economy in the late 18th and early 19th centuries. This title is a useful reading for all concerned with the origins of economics and the role of religion in contemporary policy debates.
This book explores how, even in the United States, the most capitalist of all countries, the market has always been subjected to numerous constraints. As well as discussing the opinions of economists, the book looks at the opinions and practices of figures such as Henry Ford, J.P. Morgan, and Herbert Hoover.
This volume explores, develops, and critiques the rich literature on costs, examining the many roles cost plays in economic theory and practice. The book especially studies costs from the perspective of the Austrian or "causal-realist" approach to economics. The chapters integrate historical work with contemporary research, finding valuable crossroads between numerous traditions in economics. They examine the role of costs in theories of choice and opportunity costs; demand and income effects; production and distribution; risk and interest rates; uncertainty and production; monopsony; Post-Keynesianism; transaction costs; socialism and management; and social entrepreneurship. Together, these essays represent an update and restatement of a central element in the economic way of thinking. Each chapter reveals how the Austrian, causal-realist approach to thinking about costs can be used to solve an important problem or debate in economics.
The so-called 'Spanish miracle', beginning in the mid-1990s, eventually became a nightmare for the majority of the population, culminating in the present-day economic and political crisis. This book explores the main features of the Spanish political-economic model during both the growth and crisis periods.
Nonviolent Political Economy offers a set of theoretical solutions and practical guidelines to build an economy of nonviolence which implies a social state of peacefulness, involving minimal violence and minimal destruction of nature.
The Fascist Nature of Neoliberalism offers a brief, provocative analysis with special reference to the most visible executioners of its will: the much-misunderstood managerial class. This group simply happens to hold power, and hence visibility, but they do what everybody else does, and would do, all the time. This is because capitalism is an intellectual outlook that thoroughly directs individual actions through fascist and non-fascist repression. This book argues that the only way to escape capitalism is to recover individual intellectual and sentimental emancipation from capitalism itself in order to produce radical solutions.
Based on the observation of economic reality, this book provides for the foundations of a new structure of national payment systems. It will challenge policy makers and professionals and lead them on a thought-provoking journey through the realm of macroeconomics.
This volume includes proceedings of the biggest international conference held in the world to celebrate 150th anniversary of Capital¿s publication. The book is divided into three parts: I) "Capitalism, Past and Present"; II) "Extending the Critique of Capital"; III) "The Politics of Capital".
Macroeconomic theoreticians and statisticians have diverged in recent years and no longer speak the same language with the same words often having different meanings. This book maps the differences between macroeconomic theory and measurement and explores their intellectual, historical and, in some cases, ideological origins.
This book takes a multi-disciplinary critique of the fundamental and inter-related structuring assumptions that underlie the neo-classical paradigm. It provides insight into understanding human motivations and human flourishing and how a good economy requires reflection on the ethical relations between the self, world, and time.
This book summarizes these debates analyses more recent developments in capital theory
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