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Today's grand policy dilemmas, from climate change, to over-indebtedness, to demographic shifts, have momentous long-term implications. Future generations will be constrained by our present decisions to an extent that is without precedent in advanced capitalist democracies. This book is an extensively researched and reasoned appeal in favor of intergenerational fairness - the ability to provide to future generations an at least as favorable standard of living as that enjoyed today. Intergenerational equity is an essential consideration in finding lasting solutions to the multifaceted crises of our time. As an implicit contract and transfer between living and future generations, intergenerati...
Economists generally assume that wage differentials among similar workers will only endure when competition in the capital and/or labor market is restricted. In contrast, Howard Botwinick uses a classical Marxist analysis of real capitalist competition to show that substantial patterns of wage disparity can persist despite high levels of competition. Indeed, the author provocatively argues that competition and technical change often militate against wage equalization. In addition to providing the basis for a more unified analysis of race and gender inequality within labor markets, Botwinick’s work has important implications for contemporary union strategies. Going against mainstream proponents of labor-management cooperation, the author calls for militant union organization that can once again take wages and working conditions out of capitalist competition. This revised edition was originally published under the same title in 1993 by Princeton University Press.
Quite possibly the most dangerous and intelligent member of the Nazi hierarchy, Joseph Goebbels’s flair for propaganda and spectacular organization ensured the fu¨hrer’s rise to power. As founder of the Reich Chamber of Culture, gauleiter of Berlin, and architect of complex machinery of modern totalitarian propaganda, Goebbels is considered one of the most evil figures of the twentieth century. It was through his understanding of the instruments of “public enlightenment” that the dictatorship was built and maintained. Through interviews with his friends and family and with information from his own unpublished diary, a remarkable picture of Goebbels emerges.
This book envisions the future of resilient finance and the societal value of responsible investment. Capturing the Zeitgeist of our post-pandemic new Renaissance, the book describes the contemporary use of economics to improve environmental conditions, widen access to health care, and foster social justice. The Future of Resilient Finance helps students, research scholars, and interdisciplinary global governance practitioners understand resiliency management through strategic finance and responsible economics as a politics and international relations tool. The new age of resilient finance captures monetary means as a source of politics, diplomacy, and international aid. The current outpouring of rescue and recovery funds is portrayed as new generation of resilient finance aimed at peace and prosperity for humankind. The integration of environmental, social, and governance criteria in portfolio choices is covered to grant sustainable value of finance for society.
Leading economists including Ed Nell and Heinz Kurz have joined forces in this volume with internationally respected Japanese scholars to produce a strong collection of contributions to the debate on Keynes' monumental legacy.
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In analyzing money, contemporary economics has focused its attention on money's function as a store of value, neglecting its role as medium of circulation. When circulation is put center stage, it becomes apparent that the supply of money does indeed adapt to the needs of trade - and does so in many different ways, often ways that are difficult for a central bank to control, because they reflect the responses of banks and other financial institutions to market incentives. But money's role in circulation must be coordinated with its store of value function, and both with finance. Failure here can lead to instability. The essays in this volume by internationally renowned economists cover these issues in original and contrasting analyses, presenting the American post-Keynesian perspective, on the one hand, and the point of view of the French Circulation School, on the other.
This book analyses the key factors determining European competitiveness. It focuses in particular on the issues of internationalization of firms and markets, the role of technology and innovation, and of continuing European integration, and deals with these issues on the level of firms, industries and countries. The competitiveness of the EC as a whole, relative to the USA and Japan, is also examined. Part I deals with internationalization, the organization of firms, and the activities of multinationals in Europe. Part II focuses on trends in technological competitiveness, and its importance in growth and trade performance. Part III is concerned with structural change, the integration of the European market, competition and mergers, the role of the public sector, and the role of cultural differences. The book ends by addressing the role of industrial policy in the future of the Eastern European economies.
This volume gathers together key new contributions on the subject of the relationship, both empirical and theoretical, between economic oscillations, growth and structural change. Employing a sophisticated level of mathematical modelling, the collection contains articles from, amongst others, William Baumol, Katsuhito Iwai and William Brock.