The “Creative Destruction” in Economic and Political
... economy can be treated with the analytical tools of general economic equilibrium theory, and in consequence that it was possible formally to prove the workability of a planned economy; that is, the viability of the ‘pure logic of socialism’ and particularly the existence of equilibrium in planned ec ...
... economy can be treated with the analytical tools of general economic equilibrium theory, and in consequence that it was possible formally to prove the workability of a planned economy; that is, the viability of the ‘pure logic of socialism’ and particularly the existence of equilibrium in planned ec ...
Industrial Policy and Creating a Learning Society
... Markedly different perspective than standard question, which focuses on static efficiency, moving countries to “frontier” or moving out frontier through the accumulation of more resources Question is especially salient because the two policies may be in conflict ...
... Markedly different perspective than standard question, which focuses on static efficiency, moving countries to “frontier” or moving out frontier through the accumulation of more resources Question is especially salient because the two policies may be in conflict ...
Cross-Cultural and Global Communications
... The downfall of communist regimes in Europe was the direct result of interrelated economic and political developments Economic weakness of the communist regimes became so apparent as to require reforms The policies of new Soviet leader Mikhail Gorbachev (power in ’85) were an effort to address ...
... The downfall of communist regimes in Europe was the direct result of interrelated economic and political developments Economic weakness of the communist regimes became so apparent as to require reforms The policies of new Soviet leader Mikhail Gorbachev (power in ’85) were an effort to address ...
De Viena a Lima: evaluación de las relaciones Unión
... a simultaneous and gradual process of a erosion of political authoritarianism, and implementation of free market policies since the mid-1980s. Mexico has gone through a process of steady electoral democratization and has become on of the most open economies in Latin America since late 1980s. Chile, ...
... a simultaneous and gradual process of a erosion of political authoritarianism, and implementation of free market policies since the mid-1980s. Mexico has gone through a process of steady electoral democratization and has become on of the most open economies in Latin America since late 1980s. Chile, ...
creating a learning society
... Need to look at all policies and institutions through the lens of learning • How they affect capabilities of learning • How they affect incentives to learn (motivate learning) • How they facilitate learning and catalyze it • Including mindsets that are conducive to learning • Importance of the Enlig ...
... Need to look at all policies and institutions through the lens of learning • How they affect capabilities of learning • How they affect incentives to learn (motivate learning) • How they facilitate learning and catalyze it • Including mindsets that are conducive to learning • Importance of the Enlig ...
The Process of Loss: Exploring the Interactions Between Economic
... Though only a few naturalists have read much economic theory, current understandings of how biological diversity is being lost are largely framed by the models developed by economists over the past two centuries. There is more than a touch of irony here. While conservation biologists are challenging ...
... Though only a few naturalists have read much economic theory, current understandings of how biological diversity is being lost are largely framed by the models developed by economists over the past two centuries. There is more than a touch of irony here. While conservation biologists are challenging ...
- Economic Thought
... binding. It was also Smith’s final word: a revised sixth edition was published just before his death. The contradiction is real. How to square the doctrines of laisser-faire and ‘natural liberty’ with those of moral obligation that seem to coexist in Smith, and even more so, how to square the differ ...
... binding. It was also Smith’s final word: a revised sixth edition was published just before his death. The contradiction is real. How to square the doctrines of laisser-faire and ‘natural liberty’ with those of moral obligation that seem to coexist in Smith, and even more so, how to square the differ ...
Reinventing The Common Good - The Middle Class Fights Back
... promising worker-controlled and largely autonomous enterprise created by General Motors in 1985 but terminated twenty years later. Going beyond the precedents just discussed, the kind of post-capitalist economic system I propose here combines worker ownership of capital with control rights in the fi ...
... promising worker-controlled and largely autonomous enterprise created by General Motors in 1985 but terminated twenty years later. Going beyond the precedents just discussed, the kind of post-capitalist economic system I propose here combines worker ownership of capital with control rights in the fi ...
: ..J. Society, State and Market
... Thomas Robert Malthus (1766-1834) and David Ricardo (1772.-182.3). To this group could later be added John Stuart Mill (1806-1873)'
... Thomas Robert Malthus (1766-1834) and David Ricardo (1772.-182.3). To this group could later be added John Stuart Mill (1806-1873)'
Renewing the Voluntary Sector in Australia
... bodies play a vital role in connecting government into the lives of citizens. It is openly said that the new agenda is to defund peaks and fund individual agencies only to deliver services – no more no less. The political origins of this attempt to sell off the civil society agencies remain somethin ...
... bodies play a vital role in connecting government into the lives of citizens. It is openly said that the new agenda is to defund peaks and fund individual agencies only to deliver services – no more no less. The political origins of this attempt to sell off the civil society agencies remain somethin ...
Here - Dissent Magazine
... Major | The Politics of Economic Inequality serve for wages. As capitalism grew, so did proletarianization, and this acceptance of the wage system would have a deep effect on conceptualizations of economic inequality. (p. 103) The Great Depression of the 1930s created a modified liberal-capitalist ...
... Major | The Politics of Economic Inequality serve for wages. As capitalism grew, so did proletarianization, and this acceptance of the wage system would have a deep effect on conceptualizations of economic inequality. (p. 103) The Great Depression of the 1930s created a modified liberal-capitalist ...
Externalities
... • Government has to create the market, or create the price to reach efficient level – Problem of having the information to know what the benefit/cost curves look like, because need these to find efficient price or efficient quantity ...
... • Government has to create the market, or create the price to reach efficient level – Problem of having the information to know what the benefit/cost curves look like, because need these to find efficient price or efficient quantity ...
The Interdependency of Democracy and Social Cohesion:
... providers of stable labour. The precariat cannot see itself represented in any existing class-based political party, including social democratic parties, and cannot relate to old notions of fixed workplaces, the pillar of industrial democracy as conceived in the 20th century, and even beforehand. Th ...
... providers of stable labour. The precariat cannot see itself represented in any existing class-based political party, including social democratic parties, and cannot relate to old notions of fixed workplaces, the pillar of industrial democracy as conceived in the 20th century, and even beforehand. Th ...
Introduction Kavaljit Singh
... Russia. But these financial crises didn’t receive the kind of attention in the media, corporate and policy circles as the ongoing crisis. Undeniably, the impacts of financial crisis are grave and have disproportionably fallen on the poor living in the US and European countries. However, one wonders ...
... Russia. But these financial crises didn’t receive the kind of attention in the media, corporate and policy circles as the ongoing crisis. Undeniably, the impacts of financial crisis are grave and have disproportionably fallen on the poor living in the US and European countries. However, one wonders ...
How Capitalism Works
... pursue his or her financial goals without the government getting involved. Capitalism's key early thinker, Scottish political economist Adam Smith, may have wanted economics separated from politics for its own good, but economics is nonetheless entwined with ideas about the individual's place in soc ...
... pursue his or her financial goals without the government getting involved. Capitalism's key early thinker, Scottish political economist Adam Smith, may have wanted economics separated from politics for its own good, but economics is nonetheless entwined with ideas about the individual's place in soc ...
FLACSO ISA - Buenos Aires
... against the government of Salvador Allende, promoted and sponsored by the U.S. through strategic agencies such as CIA. Despite the immediate benefits of restructuring based on the neoliberal state, in 1982, with the Debt Crisis, ideological assumptions of neoliberalism distanced themselves from pra ...
... against the government of Salvador Allende, promoted and sponsored by the U.S. through strategic agencies such as CIA. Despite the immediate benefits of restructuring based on the neoliberal state, in 1982, with the Debt Crisis, ideological assumptions of neoliberalism distanced themselves from pra ...
this talk - Cafe Hayek
... 1848, however, more and more of the economists, as they increasingly called themselves, came gradually to misunderstand it. Indeed, the political left and the middle came to treat the theories of market-tested betterment with angry contempt, such as Thorstein Veblen’s blast against English economics ...
... 1848, however, more and more of the economists, as they increasingly called themselves, came gradually to misunderstand it. Indeed, the political left and the middle came to treat the theories of market-tested betterment with angry contempt, such as Thorstein Veblen’s blast against English economics ...
Yan Ying`s soup, Aristotle`s aesthetic harmony and market economy
... it seems quite understandable, when a crisis threatens the societies, to try to locate the causes of an irregularity such as this that we actually witness. The essential however is not only to reject but propose alternatives which could possibly re-establish social and global harmony. As the main is ...
... it seems quite understandable, when a crisis threatens the societies, to try to locate the causes of an irregularity such as this that we actually witness. The essential however is not only to reject but propose alternatives which could possibly re-establish social and global harmony. As the main is ...
Link to chapter 3 and chapter 4
... Labels that tag economics with a particular political doctrine are not very helpful. The discipline on various occasions has been branded alternatively liberal, conservative or whatever is between. If an economist contends that an increase in wages is predictably appropriate for the labor market, th ...
... Labels that tag economics with a particular political doctrine are not very helpful. The discipline on various occasions has been branded alternatively liberal, conservative or whatever is between. If an economist contends that an increase in wages is predictably appropriate for the labor market, th ...
Minimizing the political influence of economic “global players
... Inward Investments by global players are made in order to increase the company’s profits, but often the country receiving the investment also benefits. A new production site usually creates new jobs for local people that also provide new skills and knowledge due to the technology which is being tran ...
... Inward Investments by global players are made in order to increase the company’s profits, but often the country receiving the investment also benefits. A new production site usually creates new jobs for local people that also provide new skills and knowledge due to the technology which is being tran ...
Austrian and Marxist Theories of Monopoly-Capital.pub
... This view of state capitalism, shared by New Leftists and Austrians, flies in the face of the dominant American ideological framework. Before we can analyze the rise of statist monopoly capitalism in the twentieth century, we must rid ourselves of this pernicious conventional wisdom, common to mains ...
... This view of state capitalism, shared by New Leftists and Austrians, flies in the face of the dominant American ideological framework. Before we can analyze the rise of statist monopoly capitalism in the twentieth century, we must rid ourselves of this pernicious conventional wisdom, common to mains ...
Sociologický časopis/Czech Sociological Review, 2015, Vol.
... deeply Polanyian in the sense that they view politics and economics as inextricably linked, not two different spheres of the social world. This is underlined by Krippner: ‘… while there has been some speculation as to whether I am a Marxist or a Tocquevillian, I think this theme marks me clearly as ...
... deeply Polanyian in the sense that they view politics and economics as inextricably linked, not two different spheres of the social world. This is underlined by Krippner: ‘… while there has been some speculation as to whether I am a Marxist or a Tocquevillian, I think this theme marks me clearly as ...
non-alignment global world? The Non
... world for making their voice heard within the international community, there had been very scarce resources and opportunities for them to get into any real dialogue with the more industrialised part of the world. Second, the NIEO did contain a number of plausible prescriptions for world trade - whic ...
... world for making their voice heard within the international community, there had been very scarce resources and opportunities for them to get into any real dialogue with the more industrialised part of the world. Second, the NIEO did contain a number of plausible prescriptions for world trade - whic ...
Contextualizing the Current Crisis: Post-fordism
... Contextualizing the Current Crisis: Post-Fordism, Neoliberal Restructuring, and Financialization ...
... Contextualizing the Current Crisis: Post-Fordism, Neoliberal Restructuring, and Financialization ...
civil economy - Ordo Socialis
... defined as a positive attitude towards other human beings, is something quite different. As section 2 will show, social interaction does not necessarily postulate or generate sociability, so if the only focus of study is market mechanisms there is no need to assume that agents have socially oriented ...
... defined as a positive attitude towards other human beings, is something quite different. As section 2 will show, social interaction does not necessarily postulate or generate sociability, so if the only focus of study is market mechanisms there is no need to assume that agents have socially oriented ...
Embedded liberalism
Embedded liberalism is a term for the global economic system and the associated international political orientation as it existed from the end of World War II to the 1970s. The system was set up to support a combination of free trade with the freedom for states to enhance their provision of welfare and to regulate their economies to reduce unemployment. The term was first used by the American political scientist John Ruggie in 1982.Mainstream scholars generally describe embedded liberalism as involving a compromise between two desirable but partially conflicting objectives. The first objective was to revive free trade. Before World War I, international trade formed a large portion of global GDP, but the classical liberal order which supported it had been damaged by war and by the Great Depression of the 1930s. The second objective was to allow national governments the freedom to provide generous welfare programmes and to intervene in their economies to maintain full employment. This second objective was considered to be incompatible with a full return to the free market system as it had existed in the late 19th century—mainly because with a free market in international capital, investors could easily withdraw money from nations that tried to implement interventionist and redistributive policies.The resulting compromise was embodied in the Bretton Woods system, which was launched at the end of World War II. The system was liberal in that it aimed to set up an open system of international trade in goods and services, facilitated by semi fixed exchange rates. Yet it also aimed to ""embed"" market forces into a framework where they could be regulated by national governments, with states able to control international capital flows by means of capital controls. New global multilateral institutions were created to support the new framework, such as the World Bank and the International Monetary Fund.When Ruggie coined the phrase embedded liberalism, he was building on earlier work by Karl Polanyi, who had introduced the concept of markets becoming ""dis-embedded"" from society during the 19th century. Polanyi went on to propose that the ""re-embedding"" of markets would be a central task for the architects of the post war world order, and this was largely enacted as a result of the Bretton Woods Conference. In the 1950s and 1960s, the global economy prospered under embedded liberalism, with growth more rapid than before or since. Yet the system was to break down in the 1970s.