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David Colander has been writing about economic methodology for over 30 years, but he goes out of his way to emphasize that he does not see himself as a methodologist. His pragmatic methodology is applicable to what economists are doing and attempts to answer questions that all economists face as they go about their work. The articles collected in this volume are divided, with the first part providing a framework underlying Colander’s methodology and introducing Colander’s methodology for economic policy within that framework. Part two presents Colander’s view on the methodology for microeconomics, while part three looks at Colander’s methodology for macroeconomics. The book closes with discussions of broader issues.
This book brings together Marxian philosophy and Lacanian psychoanalysis to argue that the hegemonic form of global capital is founded on the foreclosure of class and world of the third. The authors counterpose the world of the third to the mainstream notion of the third world, seen as a lacking other in desperate need of aid and development. Thus, for them, the hegemonic form of global capital is engendered through the foregrounding of the poor, victim third world and the foreclosure of the non-capitalist world of the third. Building on what they characterize as an ab-original reading of Marxian historical materialism and the Lacanian real, the authors seek to conceptualize a counter-hegemonic revolutionary subject as a basis for postcapitalist alternatives to the hegemonic form of global capital.
This collection of essays engages in the analysis of key concepts, concerns, and cutting-edge insights in radical political economy. Offering a robust critique of capitalist institutions as well as of mainstream economics, radical political economics reveals the structures and dynamics of global capitalism. The attention to method, ideology, and institutions differentiates it from mainstream approaches to economics, which often obfuscate how capitalism actually works. While maintaining a central focus on capitalism, the analyses in this book encompass a variety of issues from racial discrimination, gender inequality, to economic development and imperialism. Capitalism is an economic system b...
What if taxi drivers in New York City or rickshaw operators in Bangalore could start a worker-owned and-operated alternative to Uber with stable hourly wages? Winner of the First Prize in the Joyce Rothschild Book Awards Platform cooperatives reimagine a world where domestic workers can double their income by establishing their own platform—an internet where platforms such as Twitch, Twitter, and Roblox were owned by their streamers, users, and creators. What if small fishing communities in Mexico or farmers in Kerala had the power to determine what data they collected about their work and how they utilized that data? Platform cooperatives are not a figment of the utopian imagination, but ...
The book introduces a novel approach to international taxation through the lens of heterodox economic and social theories, in particular Marxism. The book argues that the radical reorganization of the international tax system that has been underway for the last few decades – initiated by the OECD, and furthered by the G20 and the European Union – is a response to changes in the global structure of capitalism, especially in terms of “center-periphery”. Through both normative analysis and empirical evidence, the book shows that the global tax system emerging from these changes consolidates the regulatory and tax revenue control of the central states. It also demonstrates that this cons...
In just over 30 years, Geoff Hodgson has made substantial contributions to institutional economics, evolutionary economics, economic methodology, the history of economic thought and social theory. To mark his seminal work, this volume brings together original contributions by world-leading scholars in specific areas that have played a significant role in influencing his thinking or represent key debates to which he has contributed. Building on some of the most significant philosophical and methodological foundations underlying Hodgson's work, the volume is organised around the recurring themes of institutions, evolution and capitalism.
This book employs a variety of perspectives such as Institutional, Social Democratic, Marxist, Gender and Informal, Biblical and Dalit, to critically examine the impact of neo-liberal globalisation on both formal and informal sectors of the labour market and the industrial relations system. The narratives not only interrogate current institutions and paradigms, but also outline future developments.
Ownership and decision-making are key issues in current debates among corporate, labor, and policy leaders. This volume contains cutting-edge research on the causes and effects of financial and decision-making participation around the globe, plus theory and thought pieces on the meaning and value of employee ownership in a rapidly changing world
What do modern academic economists do? What currently is mainstream economics? What is neoclassical economics? And how about heterodox economics? How do the central concerns of modern economists, whatever their associations or allegiances, relate to those traditionally taken up in the discipline? And how did economics arrive at its current state? These and various cognate questions and concerns are systematically pursued in this new book by Tony Lawson. The result is a collection of previously published and new papers distinguished in providing the only comprehensive and coherent account of these issues currently available. The financial crisis has not only revealed weaknesses of the capital...