THE CONTINUING RELEVANCE OF FRED - dinamia`cet-iul
... The above quotation sums up one of the most important insights developed by Fred Hirsh in Social Limits to Growth, published in 1976. This article is an effort to bring into contemporary debate the analysis forged in this remarkable and much neglected work of economic theory. As with almost all ambi ...
... The above quotation sums up one of the most important insights developed by Fred Hirsh in Social Limits to Growth, published in 1976. This article is an effort to bring into contemporary debate the analysis forged in this remarkable and much neglected work of economic theory. As with almost all ambi ...
The CasP Project: Past, Present, Future
... coined by D.T. Cochrane, stands for ‘capital as power’. It is a new, radical approach to the study of capitalism, and, as such, it contrasts sharply with both liberal and Marxist political economies. The key premise of this approach is that capital is not a material/productive entity, but a symbolic ...
... coined by D.T. Cochrane, stands for ‘capital as power’. It is a new, radical approach to the study of capitalism, and, as such, it contrasts sharply with both liberal and Marxist political economies. The key premise of this approach is that capital is not a material/productive entity, but a symbolic ...
The Making of Economic Society
... valued most were The Worldly Philosophers and The Making of Economic Society. Robert Heilbroner passed away peacefully at the age of 85 while we were revising this book for its twelfth edition. Professor Heilbroner’s vision of social science is the foundation on which The Making of Economic Society ...
... valued most were The Worldly Philosophers and The Making of Economic Society. Robert Heilbroner passed away peacefully at the age of 85 while we were revising this book for its twelfth edition. Professor Heilbroner’s vision of social science is the foundation on which The Making of Economic Society ...
Financialization and Neoliberalism
... Finance has to do with the movement of purchasing power between actors in the economy, either in the form of extension of credit or the assumption of ownership rights over an asset that is expected to yield payments over time.7 Since capitalism reached its corporate stage, securities became the repr ...
... Finance has to do with the movement of purchasing power between actors in the economy, either in the form of extension of credit or the assumption of ownership rights over an asset that is expected to yield payments over time.7 Since capitalism reached its corporate stage, securities became the repr ...
Theses on Financialisation and the Ambivalence of Capitalist Growth
... consequences of a growth dynamic in the face of the Earth’s limited natural resources and capacities for absorption. Third, growth critique can also be a weakly normative social critique that points to the potential dysfunctions and crisis tendencies of societies in which social integration and syst ...
... consequences of a growth dynamic in the face of the Earth’s limited natural resources and capacities for absorption. Third, growth critique can also be a weakly normative social critique that points to the potential dysfunctions and crisis tendencies of societies in which social integration and syst ...
Financialization and the Crises of Capitalism
... structure is characterized by a free market ideology, which involves the demise of state regulatory structures and a shift of power from labor to capital. At an international level, the global neoliberal SSA is characterized by a tremendous rise in cross border movement of goods and capital and the ...
... structure is characterized by a free market ideology, which involves the demise of state regulatory structures and a shift of power from labor to capital. At an international level, the global neoliberal SSA is characterized by a tremendous rise in cross border movement of goods and capital and the ...
An Empirical and Theoretical Analysis of the New Imperialism
... have brought about discussions of the economic and political strategies of capitalism and their limits. They therefore have an important public and political function. But in many cases the notions of imperialism employed in these discussions remain rather imprecise (Castree, 2006) or unexplained (B ...
... have brought about discussions of the economic and political strategies of capitalism and their limits. They therefore have an important public and political function. But in many cases the notions of imperialism employed in these discussions remain rather imprecise (Castree, 2006) or unexplained (B ...
Schmidt, Ingo_Luxemburg_Accumulation of
... & VII. 19 It should be noted that many economists presented stages of growth from industrialization to mass consumer society as a model that all countries of the world would have to go during the de-colonization in the 1950s and 1960s, see for example: W. W. Rostow, The Stages of Economic Growth – A ...
... & VII. 19 It should be noted that many economists presented stages of growth from industrialization to mass consumer society as a model that all countries of the world would have to go during the de-colonization in the 1950s and 1960s, see for example: W. W. Rostow, The Stages of Economic Growth – A ...
Chapter 9 High Road Capitalism
... for 15-20% of all profits in the U.S. economy. By the 2000s this was over 40%. Much of this financialization of the economy was bound up with rapidly rising consumer debt, especially in the form of mortgages, and also public debt generated by large government deficits. This growing public and privat ...
... for 15-20% of all profits in the U.S. economy. By the 2000s this was over 40%. Much of this financialization of the economy was bound up with rapidly rising consumer debt, especially in the form of mortgages, and also public debt generated by large government deficits. This growing public and privat ...
Ingo Schmidt Rosa Luxemburg`s `Accumulation of Capital`: New
... dispossession, in which welfare and developmental states were rolled back and the economic space they had controlled was opened up for private capital investments. This accumulation by dispossession got a massive boost after the collapse of the Soviet Empire and China’s turn to world ...
... dispossession, in which welfare and developmental states were rolled back and the economic space they had controlled was opened up for private capital investments. This accumulation by dispossession got a massive boost after the collapse of the Soviet Empire and China’s turn to world ...
NOTES ON CONTEMPORARY IMPERIALISM Phases of Imperialism
... It is in the nature of finance capital to oppose any State intervention, other than that which promotes its own interest. It does not want an activist State when it comes to the promotion of employment, or the provision of welfare, or the protection of small and petty producers; but it wants the Sta ...
... It is in the nature of finance capital to oppose any State intervention, other than that which promotes its own interest. It does not want an activist State when it comes to the promotion of employment, or the provision of welfare, or the protection of small and petty producers; but it wants the Sta ...
Social Theory and the Transformation of Capitalism in the Twentieth
... been occurring in industrial societies all over the world. These transformations are awkwardly explained by the unitary traditions, not only because different companies, regions and national governments are responding to similar pressures in very different institutional, political and strategic ways ...
... been occurring in industrial societies all over the world. These transformations are awkwardly explained by the unitary traditions, not only because different companies, regions and national governments are responding to similar pressures in very different institutional, political and strategic ways ...
intellectual devotional reading on laissez-faire
... Laissez-faire, an economic doctrine that calls for minimal government interference with the marketplace, was dominant in the United States during the nineteenth century and remains a strong intellectual tradition in American political thought. In general, supporters of laissez-faire believe that all ...
... Laissez-faire, an economic doctrine that calls for minimal government interference with the marketplace, was dominant in the United States during the nineteenth century and remains a strong intellectual tradition in American political thought. In general, supporters of laissez-faire believe that all ...
Global Politics, Capitalism, Socio-Ecological Crisis, and Resistance
... the view of this paper) in a new ‘post-developmental’ set of social and socio-natural relations drawing on principles derived from agroecology and food/land sovereignty. But, this paper will argue, the strategic emphases of such resistances, and this is particularly true of those in the global North ...
... the view of this paper) in a new ‘post-developmental’ set of social and socio-natural relations drawing on principles derived from agroecology and food/land sovereignty. But, this paper will argue, the strategic emphases of such resistances, and this is particularly true of those in the global North ...
Finance and Growth under Capitalism
... Once we reject Say’s Law and recognize that capitalism is prone to deficiency in aggregate demand, we have to accept that sustained growth in this system requires exogenous stimuli. By exogenous stimuli I mean a set of factors which raise aggregate demand but are not themselves depende ...
... Once we reject Say’s Law and recognize that capitalism is prone to deficiency in aggregate demand, we have to accept that sustained growth in this system requires exogenous stimuli. By exogenous stimuli I mean a set of factors which raise aggregate demand but are not themselves depende ...
Is capitalism compatible with democracy? Wolfgang Merkel
... as this is only one aspect, two further aspects must be considered. On the one hand it is a fundamental rule of liberal democracy that the reach of political decisions has to be limited: by securing basic rights (among them the right to private property since the time of John Locke and the Enlighten ...
... as this is only one aspect, two further aspects must be considered. On the one hand it is a fundamental rule of liberal democracy that the reach of political decisions has to be limited: by securing basic rights (among them the right to private property since the time of John Locke and the Enlighten ...
Capitalism and Socialism: A Review of Kornai`s Dynamism
... social problems. Kornai’s operational definition of socialism is consistent with those of Karl Marx (1875), von Mises (1935), Lange (1936), von Hayek (1944), etc.3 2. The Book Kornai characterized capitalism as surplus economy, which is in contrast to socialism as a shortage economy, more than four ...
... social problems. Kornai’s operational definition of socialism is consistent with those of Karl Marx (1875), von Mises (1935), Lange (1936), von Hayek (1944), etc.3 2. The Book Kornai characterized capitalism as surplus economy, which is in contrast to socialism as a shortage economy, more than four ...
Neoliberalism, Globalization, Financialization
... reduction of tariff barriers, significant tariffs were allowed under certain conditions, and states had the right to regulate capital movements in various ways. This produced a global system that was somewhat open to international trade but with significant barriers, particularly for capital movemen ...
... reduction of tariff barriers, significant tariffs were allowed under certain conditions, and states had the right to regulate capital movements in various ways. This produced a global system that was somewhat open to international trade but with significant barriers, particularly for capital movemen ...
ENLARGING THE VARIETIES OF CAPITALISM The
... mentarities exist between the central elements of a successful variety of capitalism. It is exactly this core hypothesis—that the character of institutions within a successful economy are mutually reinforcing, balanced, and complementing—that is at the heart of the VOC theory.11 As seen from the tra ...
... mentarities exist between the central elements of a successful variety of capitalism. It is exactly this core hypothesis—that the character of institutions within a successful economy are mutually reinforcing, balanced, and complementing—that is at the heart of the VOC theory.11 As seen from the tra ...
here - Kornai János
... comparative perspective that reveals the features of capitalism by comparing it with its mirror image, socialism. The rise and fall of the socialist system since the early 20th century until today, which involves one-third of the world population, are among the largest-scale and most important cause ...
... comparative perspective that reveals the features of capitalism by comparing it with its mirror image, socialism. The rise and fall of the socialist system since the early 20th century until today, which involves one-third of the world population, are among the largest-scale and most important cause ...
The End of the Road? Agricultural Revolutions in
... Marx’s theory of underproduction crisis – he calls it a ‘general law’ of accumulation – argues that ‘the rate of profit is inversely proportional to the value of the raw materials’ (1967 III, 111). The very dynamism of capitalist production leads the ‘portion of constant capital that consists of fix ...
... Marx’s theory of underproduction crisis – he calls it a ‘general law’ of accumulation – argues that ‘the rate of profit is inversely proportional to the value of the raw materials’ (1967 III, 111). The very dynamism of capitalist production leads the ‘portion of constant capital that consists of fix ...
Varieties of Capitalism in Light of the Euro Crisis
... recent research suggests that relationships between business and the state there are typically based on clientelistic relations with individual firms (Evans 2015; Hassel 2014; Featherstone 2011). However, it is important to note that several other features of these political economies also limit the ...
... recent research suggests that relationships between business and the state there are typically based on clientelistic relations with individual firms (Evans 2015; Hassel 2014; Featherstone 2011). However, it is important to note that several other features of these political economies also limit the ...
Rethinking Capitalism from a Geographical Perspective
... (prevalent within geography). Elaborating on the latter, this paper explores what it means to think geographically about the (capitalist) economy. Focusing on geographies of commodity production as the driving force (even as markets are important emergent features in their own right), thinking geogr ...
... (prevalent within geography). Elaborating on the latter, this paper explores what it means to think geographically about the (capitalist) economy. Focusing on geographies of commodity production as the driving force (even as markets are important emergent features in their own right), thinking geogr ...
Social Studies High School World History Unit 4 Blackline Master
... Directions: Before beginning the study of the Industrial Age Revolutions, read each statement and circle either Agree or Disagree beside the word Before. After the study of the Industrial Age Revolutions is completed, read each statement again and circle either Agree or Disagree beside the word Afte ...
... Directions: Before beginning the study of the Industrial Age Revolutions, read each statement and circle either Agree or Disagree beside the word Before. After the study of the Industrial Age Revolutions is completed, read each statement again and circle either Agree or Disagree beside the word Afte ...
Unit 4, Activity 1, Industrial Revolution Vocabulary
... Directions: Before beginning the study of the Industrial Age Revolutions, read each statement and circle either Agree or Disagree beside the word Before. After the study of the Industrial Age Revolutions is completed, read each statement again and circle either Agree or Disagree beside the word Afte ...
... Directions: Before beginning the study of the Industrial Age Revolutions, read each statement and circle either Agree or Disagree beside the word Before. After the study of the Industrial Age Revolutions is completed, read each statement again and circle either Agree or Disagree beside the word Afte ...
History of capitalism
The history of capitalism can be traced back to early forms of merchant capitalism practiced in Western Europe during the Middle Ages. It began to develop into its modern form during the Early Modern period in the Protestant countries of North-Western Europe, especially the Netherlands and England. Traders in Amsterdam and London created the first chartered joint-stock companies driving up commerce and trade, and the first stock exchanges and banking and insurance institutions were established.Over the course of the past five hundred years, capital has been accumulated by a variety of different methods, in a variety of scales, and associated with a great deal of variation in the concentration of economic power and wealth. Much of the history of the past five hundred years is concerned with the development of capitalism in its various forms.Since 2000 the new scholarly field of ""History of Capitalism"" has appeared, with courses in history departments. It includes topics such as insurance, banking and regulation, the political dimension, and the impact on the middle classes, the poor and women and minorities.