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A New Economics for Modern Dynamic Economies
  • Language: en
  • Pages: 299

A New Economics for Modern Dynamic Economies

It is becoming increasingly clear that a new economics is required for investigating modern dynamic economies and the coming social world. Important features of those economies, such as innovation, uncertainty and entrepreneurship, are usually considered capitalist features. This may have been true historically, but this book argues that the contrary will be true for the future: the full and efficient operation of those supposed capitalist features will increasingly require the overcoming of capitalist civilization. In this book, Angelo Fusari constructs a theoretical framework for the interpretation and management of modern dynamic economies which demonstrates that institutional transformat...

Social Fairness and Economics
  • Language: en
  • Pages: 426

Social Fairness and Economics

  • Type: Book
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  • Published: 2013-02-11
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  • Publisher: Routledge

This volume brings together papers inspired by the work of Duncan Foley, an extraordinarily productive economist who has made seminal contributions to a wide variety of areas. Foley’s work cannot be easily classified, but one thread that runs through it is a critical examination (along both ethical and analytical lines) of conventional neoclassical economic theory, particularly involving general equilibrium theories of value and money. Foley was a pioneer of complexity economics as well, which adopts approaches to these questions drawn from natural sciences, so the collection therefore has an interdisciplinary quality that will interest a wide variety of readers. Some of the chapters are i...

Reconstructing Keynesian Macroeconomics Volume 2
  • Language: en
  • Pages: 497

Reconstructing Keynesian Macroeconomics Volume 2

  • Type: Book
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  • Published: 2013-01-17
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  • Publisher: Routledge

This book represents the second of three volumes offering a complete reinterpretation and restructuring of Keynesian macroeconomics and a detailed investigation of the disequilibrium adjustment processes characterizing the financial, the goods and the labour markets and their interaction. In this second volume the authors present a detailed analysis and comparison of two competing types of approaches to Keynesian macroeconomics, one that integrates goods, labour and financial markets, and another from the perspective of a conventional type of LM-analysis or interest-rate policy of the central bank. The authors employ rigorous dynamic macro-models of a descriptive and applicable nature, which...

Inherited Wealth, Justice and Equality
  • Language: en
  • Pages: 259

Inherited Wealth, Justice and Equality

  • Type: Book
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  • Published: 2013
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  • Publisher: Routledge

The core of the book consists of a selection of papers presented at an international workshop where researchers from a variety of fields and countries discussed the connections between inherited wealth, justice and equality. The volume is complemented by a few other papers commissioned by the editors. The contributions cover historical, political, philosophical, sociological and economic aspects.

Business Ethics and the Austrian Tradition in Economics
  • Language: en
  • Pages: 193

Business Ethics and the Austrian Tradition in Economics

Stakeholder value, corporate social responsibility and sustainability: Are these, and similar, concepts sufficiently clear for fruitful research in business ethics? What is the benchmark to prove their utility? Business Ethics and the Austrian Tradition in Economics is a treatise on the fundamental questions of business ethics and addresses significant shortcomings in the field. It is the result of correlating reflections on phenomena, resulting from an intersection of ethics, economics, methodology, and political and social philosophy. Sparked by the business ethicists’ tendency to consider certain areas outside their field and accept others unquestioningly, this book provides answers in ...

Beyond Mainstream Explanations of the Financial Crisis
  • Language: en
  • Pages: 189

Beyond Mainstream Explanations of the Financial Crisis

  • Type: Book
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  • Published: 2014-04-16
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  • Publisher: Routledge

This book provides a critique of the neoclassical explanations of the 2008 financial collapse, of the ensuing long recession and of the neoliberal austerity responses to it. The study argues that while the prevailing views of deregulation and financialization as instrumental culprits in the explosion and implosion of the financial bubble are not false, they fail to point out that financialization is essentially an indication of an advanced stage of capitalist development. These standard explanations tend to ignore the systemic dynamics of the accumulation of finance capital, the inherent limits to that accumulation, production and division of economic surplus, class relations, and the balanc...

Income Distribution and Environmental Sustainability
  • Language: en
  • Pages: 162

Income Distribution and Environmental Sustainability

This book demonstrates how the Sraffian framework provides important advantages in treating both subjects. Split into three parts Income Distribution and Environmental Sustainability provides a rigorous exposition of Sraffian theory emphasizing what it means for the economy to be productive, adding a normative theory of income distribution to Sraffa’s positive theory.

The Charismatic Principle in Social Life
  • Language: en
  • Pages: 208

The Charismatic Principle in Social Life

  • Type: Book
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  • Published: 2012-12-20
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  • Publisher: Routledge

Max Weber laid the foundations for the meaning of ‘charisma’ in modern secular usage. This new volume argues for the importance of the ‘charismatic principle’ in history, economics and society. This volume brings together a number of contributors at the cross section between economics, theology, sociology and politics in order to set a research agenda for the following issues: What does it means to have a ‘charism’? How does it work in society? How might one distinguish a ‘charism’ from a talent? Are ‘charism’s given only to "special" people, or are they also present in ordinary people? Is a ‘charism’ necessarily associated with religion, or, is it, as we submit, poss...

Relational Sociology
  • Language: en
  • Pages: 618

Relational Sociology

  • Type: Book
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  • Published: 2010-07-12
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  • Publisher: Routledge

‘Simultaneous invention’ has become commonplace in the natural sciences, but is still virtually unknown within the sphere of social science. The convergence of two highly compatible versions of Critical Realism from two independent sources is a striking exception. Pierpaolo Donati’s Relational Sociology develops ‘upwards’ from sociology into a Realist meta-theory, unlike Roy Baskhar’s philosophy of science that works ‘downwards’ and ‘underlabours’ for the social sciences. This book systematically introduces Donati’s Relational Sociology to an English readership for the first time since he began to advance his approach thirty years ago. In this eagerly awaited book, Pier...

Robinson Crusoe's Economic Man
  • Language: en
  • Pages: 267

Robinson Crusoe's Economic Man

  • Type: Book
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  • Published: 2012-04-27
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  • Publisher: Routledge

In this book, economists and literary scholars examine the uses to which the Robinson Crusoe figure has been put by the economics discipline since the publication of Defoe’s novel in 1719. The authors’ critical readings of two centuries of texts that have made use of Robinson Crusoe undermine the pervasive belief of mainstream economics that Robinson Crusoe is a benign representative of economic agency, and that he, like other economic agents, can be understood independently of historical and cultural specificity. The book provides a detailed account of the appearance of Robinson Crusoe in the economics literature and in a plethora of modern economics texts, in which, for example, we fin...