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COVID-19 and Economic Development in Latin America
The impact of the COVID-19 pandemic on the global economy, just as with the Great Recession a decade earlier, has served to reinforce the fact that the world is hierarchically organized and the distribution of power between countries is distinctly asymmetric. Gathering multiple viewpoints of Latin American researchers, this book explores the impacts of the pandemic, including unequal access to vaccines and recovery finance, on economies in the region. The book is organised in three substantial sections: the first brings together conceptual work which rethinks the fundamental categories for critical thinking on the challenges for Latin American development in a post-pandemic scenario. In the ...
New Institutional Economics as Situational Logic
Drawing on phenomenological and realist approaches, this book surveys the theoretical evolution of new institutional economics. For all its popularity and explanatory power, new institutional economics is not a homogenous field but encompasses a range of different theoretical approaches starting from Coase and the introduction of transaction costs. In particular, the concept of rationality is a rich source of dispute leading to a bifurcation between ‘insider’ and ‘outsider’ perspectives. The insider view refers to studying conscious human beings – the economic actor – who seek their self-interest and find themselves in their mundane situation. The self-interest of the economic ac...
New Economic Statecraft
This book provides insights on the art of governing a state and managing its external relations from a wealth-power logic. It looks at "economic statecraft", which consists of wealth production, wealth mobilization, and wealth-power conversion by a state. This book reconceptualizes what economic statecraft is and proposes a new theory focused on wealth-power conversion. With a long historic perspective, this book goes through the modern history of Western powers practicing economic statecraft since 1500, and presents three case studies, the United States, the European Union, and China, the three biggest users of economic statecraft in the contemporary world. The book serves as an ideal reference for policy makers, businesspeople, and researchers whose work touch upon either wealth creation, power projection, or the combination of both.
Human Economics
The term “human economics” is sometimes used within economic theory with the hope of repositioning economic discipline as a human and social science, but with scarce success. Indeed, although great economists have always carefully considered human nature, it has been largely neglected in modern economics. This book explores the potentials of a human economics, arguing that the complexity and peculiarities of human nature should be central to the study of economics. Complex economic phenomena are subject to laws and limits that reveal their internal order in spite of the apparent randomness and unpredictability. The book embraces the contributions of thinkers and economists who have tried...
Risks, Violence, Security and Peace in Latin America
This book analyses the war against drugs, violence in streets, schools and families, and mining conflicts in Latin America. It examines the nonviolent negotiations, human rights, peacebuilding and education, explores security in cyberspace and proposes to overcome xenophobia, white supremacy, sexism, and homophobia, where social inequality increases injustice and violence. During the past 40 years of the Latin American Council for Peace Research (CLAIP) regional conditions have worsened. Environmental justice was crucial in the recent peace process in Colombia, but also in other countries, where indigenous people are losing their livelihood and identity. Since the end of the cold war, capitalism aggravated the life conditions of poor people. The neoliberal dismantling of the State reduced their rights and wellbeing in favour of enterprises. Youth are not only the most exposed to violence, but represent also the future for a different management of human relations and nature.
Beyond Ecological Economics and Development
The interrelationship among development, environment, and human needs is one of the key issues being faced by the world today. The Chilean economist, Manfred Max-Neef, was a leading thinker on this dynamic, and this book provides both an introduction to and analysis of his work and ideas. Arranged in three main sections – “Human needs and wellbeing”, “Development, growth and sustainability”, and “Methodology of economics” – the chapters in this book contribute to on-going debates on issues as important as human development, the limits of economic growth, deep ecology, sustainable consumption, entrepreneurship, climate change, interdisciplinarity, and the methodology and practice of economics. The contributors to this volume provide a broad range of different critical perspectives on these issues, and the chapters are arranged in dialogue with each other to provide the reader with a rounded view of the legacy of Max-Neef. This book is vital reading for all those interested in ecological economics, environmental economics, development economics, methodology and philosophy of economics, and heterodox economics.
The Knowledge Problems of European Financial Market Integration
Since the creation of the euro and a European Central Bank, the European Union has persistently pursued financial market integration throughout periods of economic growth, membership enlargements, financial breakdown, and political crisis. While traditionally analysed in terms of clashing ideological orientations and strategic political interests, this book presents a novel and empirically grounded perspective on the issues around financial market integration by approaching them in terms of the knowledge problems that actors face. Drawing on European legal texts, policy documents and interviews with regulators, central bankers, and financial market professionals, this book is rich in empiric...
Marxist Political Economy and Bourdieu
This book systematically addresses Bourdieu’s key ideas and concepts in the context of Marxist thought. In this book, Bourdieu’s central theoretical points are analyzed within a political, sociological and politico-economic framework which allows for the development of a sequential narrative of his key ideas. Thus, the authors are able to highlight the theoretical consistencies and political conclusions which can be derived from Bourdieu’s work. For example, Bourdieu’s anti-neoliberal narrative is correlated with his analysis of class, and especially with his canonization of the petty bourgeoisie and its strategy for a reformed anti-neoliberal capitalism. The book also analyzes this coherent synthesis of Bourdieu’s work in the context of Marxist political economy, including not only Marx but also Lenin, Althusser and Poulantzas. In this context, the book explores Bourdieu’s work on the state, class strategy, socialism and capitalism. This unique perspective will be of great interest to social scientists, particularly in economics, politics and sociology, working on Bourdieu, Marx and capitalism.
El desafío del desarrollo. Trayectorias de los grandes economistas latinoamericanos del siglo XX
El libro presenta una propuesta original a través de una historia social de las ideas sobre el desarrollo económico latinoamericano: si bien su estructura aborda la trayectoria vital de cada uno de los principales representantes de la primera generación de teóricos del desarrollo en la región, muestra una trama intelectual e ideológica que desborda los periplos individuales y los anuda a un momento histórico en el plano de la evolución de las ideas y a un determinado contexto de las condiciones sociales, culturales y materiales en los que se desarrollaron. Las ideas (económicas) son estructuras discernibles de significado, perspectiva y fidelidad a un propósito y, como las instituc...
Umkämpftes Gemeinwohl
Die meisten Wähler:innen würden unabhängig von ihrer politischen Einstellung wohl der Aussage zustimmen, Politik habe sich in ihrem Handeln stetig am Ideal des Gemeinwohls zu orientieren. Uneinigkeit herrscht dagegen häufig darüber, was mit dem Begriff »Gemeinwohl« genau gemeint ist. Die Autor:innen des interdisziplinär angelegten Bandes analysieren die sich hieran anschließenden Debatten in Wissenschaft und Gesellschaft als Schauplatz grundlegender Deutungsmachtkonflikte. Sie beschäftigen sich dabei unter anderem mit der Frage, welche belief systems unterschiedliche Definitionen von Gemeinwohl prägen und inwiefern Deutungsvielfalt an dieser Stelle zur Herausforderung für die Demokratie wird.
