Download or read book Beyond Capital Fundamentalism written by Mauro Boianovsky and published by . This book was released on 2017 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: The origins of “capital fundamentalism” - the notion that physical capital accumulation is the primary determinant of economic growth - have been often ascribed to Harrod's and Domar's proposition that the rate of growth is the product of the saving rate and of the output-capital ratio. However, neither Harrod nor Domar fit in the “capital fundamentalism” idea. Development planners in the 1950s adapted the growth formula to their own agenda. Most development economists at the time (Lewis, Hirschman, Rostow and others) were aware that Harrod's and Domar's growth models primarily addressed economic instability issues, not long-run growth. Harrod eventually applied his concept of the natural growth rate to economic development. He claimed that the growth of developing economies was determined by their ability to implement technical progress, instead of capital accumulation subject to diminishing returns. Domar observed that the incremental capital-output ratio was more likely a passive result of the interaction between the propensity to save and technological progress, not a causal factor in the determination of growth.
Download or read book Beyond Capital written by István Mészáros and published by . This book was released on 1995 with total page 1032 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Meszaros defines capital system as embracing private ownership, and Soviet type postcapitalism; both share the same hierarcical structure, the same destructive tendencies and the same exploitation of the labour force. Capitalism may appear to be triumphant world-wide but Beyond Capital is a devastating exposure of a system which can only renew itself at the cost of increasing its problems and can only delay but not avoid its eventual collapse. The theoretical scope and intellectual rigour of Beyond Capital is matched by its practical importance; Beyond Capital is a major contribution to the development of socialist strategies in these times of despondency and crisis of the historical left." -- Back Cover
Download or read book Beyond Capital written by Michael A. Lebowitz and published by Springer. This book was released on 2016-07-27 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marxism has long been accused of economic determinism, reductionism and a silence on human experience. Beyond Capital argues that these problems can be traced back to Marx's failure to write his planned book on Wage-Labour. Added to this the subsequent ignorance of Marx's method, the result has been an inaccurate presentation of Marxian. Rather than rejecting Marx, Beyond Capital argues that his 'political economy of the working class' and the process of struggle are central for going beyond capitalism.
Download or read book Beyond Capital written by M. Lebowitz and published by Springer. This book was released on 2003-06-20 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of The Deutscher Memorial Prize 2004. In a completely reworked edition of his classic (1991) volume, Michael A. Lebowitz explores the implications of the book on wage-labour that Marx originally intended to write. Focusing upon critical assumptions in Capital that were to be removed in Wage-Labour and upon Marx's methodology, Lebowitz stresses the one-sidedness of Marx's Capital and argues that the side of the workers, their goals and their struggles in capitalism have been ignored by a monolithic Marxism characterized by determinism, reductionism and a silence on human experience.
Download or read book Beyond Moral Fundamentalism written by Steven Fesmire and published by Oxford University Press. This book was released on 2024 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Moral fundamentalism" is Steven Fesmire's term for the habit of acting as though one has access to the exclusively right way to diagnose problems, along with the only practical solution. This habit causes us to oversimplify situations, neglect broader context, take refuge in dogmatic absolutes, ignore possibilities for finding common ground, assume privileged access to the right way to proceed, and shut off honest inquiry. Moral fundamentalism makes it impossible to debate and achieve superordinate social goals, such as public health, justice, security, sustainability, peace, and democracy. Drawing from John Dewey's pluralistic and pragmatic approach to philosophical questions, Fesmire develops an alternative to both the oversimplification of moral fundamentalism and the arbitrariness of relativism, which he terms "pragmatic pluralism."
Download or read book Capital Fundamentalism Economic Development and Economic Growth written by Robert Graham King and published by World Bank Publications. This book was released on 1994 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should our research and policy advice be guided by a modern version of capital fundamentalism, in which capital and investment are viewed as the primary determinants of economic development and long- run growth? No. Capital accumulation seems to be part of the process of economic development, not its igniting source.
Download or read book Growth written by Daniel Susskind and published by Harvard University Press. This book was released on 2024 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Daniel Susskind traces the rich, surprisingly brief history of economic growth and responds to its ills. We cannot focus only on growth's upsides, but nor is degrowth a viable policy: the benefits of prosperity are too great to discard. Instead we must face tradeoffs, demoting growth from our top priority and reckoning with its moral challenges.
Download or read book Beyond US Hegemony written by Samir Amin and published by Zed Books Ltd.. This book was released on 2013-04-04 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this major new work - the result of a lifetime of intellectual engagement - one of the developing world's most famous thinkers reflects on the times we live in. He argues that US hegemony has reached a dangerous new level under George Bush Jr, and that the US President's hubristic militarism will both lead to a never-ending cycle of wars and block all hopes of social and democratic progress, not just in developing countries, but in the North as well. Samir Amin also rejects the highly ideological notion that the current form of neoliberal capitalism - 'really existing capitalism' in which imperialism is an integral and permanent part - is an inevitable future for humanity, or in fact socially or politically tolerable. At the same time, he is not opposed to globalization as such; indeed he believes the whole world today is irrevocably connected, and that solidarity in diversity is the key to the struggle for a better world. In the body of the book, Amin provides a perspicacious analysis of tendencies within the rich countries - the US, Europe and Japan; the rising powers - China and India; the likely future trajectory of post-Soviet Russia; and the developing world. The central question he pursues is whether there are other hegemonic blocs that may emerge in time to circumscribe American power, and constrain free market capitalism and force it to adjust to demands other than its narrow central economic logic. This important and thought-provoking book identifies the key global campaigns Samir feels progressives should launch around the world. 'Another world is possible.' But, he warns, the diverse citizens' movements loosely gathered together in the World Social Forum must bite the political bullet and recognise that they can only transform the world if they seek political power.
Download or read book The Representational Theory of Capital written by Leonidas Zelmanovitz and published by Rowman & Littlefield. This book was released on 2020-11-18 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes a “representational” theory of capital according to which there is a relation between capital goods in the real side of the economy and instruments representative of property claims on those goods in the abstract side. Financial instruments are treated herein as a particularly liquid form of property claim. The relation proposed between these two things is a loose rather than a direct one, and the causes for (and consequences of) the looseness are explored in the book. This book aims not merely to simplify our understanding of the relationship between “things” and “claims to things,” but to make explicit and precise what many current researchers assume implicitly and, consequently, imprecisely. This book will be a tool that researchers can apply to their own research, in the form of a standard by which inconsistencies in the literature on Capital Theory can be identified. Understanding what capital is requires delving into its nature on both the real and the abstract sides. In regard to capital goods, what they actually are is made clearer by the thesis that they exist on a spectrum with respect to consumer goods. In going back to the philosophical and economic basics, no claim is made of being comprehensive. The argument is that a crucial idea for our understanding of what capital is that actual capital goods (and processes, and knowledge) are represented in financial instruments and other property claims. A formal treatment that lays out the philosophical and economic basics is necessary to put this idea across, and the model proposed in the book is a first step in that direction. Further, by laying out the philosophical and economic basics of the theory, the book offers the reader the reasons why having a clearer concept of capital is an important tool for wealth creation, and why wealth creation is, more than never, necessary for our individual wellbeing and the flourishing of our civilization.
Download or read book The Routledge Handbook on the History of Development written by Corinna R. Unger and published by Routledge. This book was released on 2022-06-23 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: This bold and ambitious handbook is the first systematic overview of the history of development ideas, themes, and actors in the twentieth century. Taking stock of the field, the book reflects on blind spots, points out avenues for future research, and brings together a greater plurality of regions, actors, and approaches than other publications on the subject. The book offers a critical reassessment of how historical experiences have shaped contemporary understandings of development, demonstrating that the seemingly self-evident concept of development has been contingent on a combination of material conditions, power structures, and policy choices at different times and in different places. Using a world history approach, the handbook highlights similarities in development challenges across time and space, and it pays attention to the meanings of ideological, cultural, and economic divides in shaping different understandings and practices of development. Taking a thematic approach, the book shows how different actors – governments, non-governmental organizations, individuals, corporations, and international organizations – have responded to concerns regarding the conditions in their own or other societies, such as the provision of education, health, or food; approaches to infrastructure development and industrialization; the adjustment of social conditions; population policies and migration; and the maintenance of stability and security. Bringing together a range of voices from across the globe, this book will be perfect for advanced students and researchers of international development history.
Download or read book Paul Samuelson written by Robert A. Cord and published by Springer Nature. This book was released on 2020-01-07 with total page 601 pages. Available in PDF, EPUB and Kindle. Book excerpt: A significant part of economics as we know it today is the outcome of battles that took place in the post-war years between Keynesians and monetarists. In the US, the focus of these battles was often between the neo-Keynesians at the Massachusetts Institute of Technology (MIT) and the Chicago monetarists. The undisputed leader of the MIT Keynesians was Paul A. Samuelson, one of the most influential economists of the 20th century and arguably of all time. Samuelson’s output covered a vast number of subjects within economics, the quality of theseoften pioneering contributions unmatched in the modern era. The volume focuses both on how Samuelson’s work has been developed by others and on how that work fits into subsequent developments in the various fields of speciality within which Samuelson operated.
Download or read book Beyond Fundamentalism written by Daniel B. Stevick and published by . This book was released on 1964 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Proceedings of the 3rd International Conference on Business Law and Local Wisdom in Tourism ICBLT 2022 written by I Nyoman Putu Budiartha and published by Springer Nature. This book was released on 2023-02-10 with total page 1005 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access book. The 3rd International Conference on Business Law and Local Wisdom in Tourism (ICBLT) will be an annual event hosted by Universitas Warmadewa, Denpasar, Bali. “Business Law and Local Wisdom in Tourism” has been chosen at the main theme for the conference, with a focus on the latest research and trends, as well as future outlook of the field of Call for paper fields to be included in ICBLT 2022 are Local Wisdom (Customary Law); Law on Business, Business Competition, and Prohibition of Monopoly; Law on Land and Environment; Law on Investment; Law on Criminal Act of Corruption and Asset Recovery Law on Licenses and Labor; Law on Tourism; Law on Transportation; Law on Immigration Intellectual Property Rights; and Law on Resolution of Tourism Investment and Business Disputes.This international seminar aims to facilitate scholars, researchers, practitioners, and students to share their thoughts on the latest trends on Business Law and Local Wisdom in Tourism whilst building network in an engaging environment. The participants of this conference will have a chance to enrich knowledge and discuss common challenges and offer creative solutions. By this, we hope to enhance and contribute knowledge for a better civilized community.
Download or read book The Process of Economic Development written by James M. Cypher and published by Routledge. This book was released on 2020-12-30 with total page 756 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fifth edition of The Process of Economic Development offers a thorough and up-to-date treatment of development economics. It has been extensively revised throughout, reflecting the most recent developments in research and incorporating the latest empirical data, as well as key theoretical advances and many new topics. The world has seen vast economic growth in China, economic transformation in India, new challenges in Latin America, rapid economic progress in Southeast Asia, and the deepening impact of environmental issues such as climate change. This new edition addresses all these critical issues as well as the pivotal role of the state, where China’s capacity is contrasted with that of African states. Transnational corporations’ reliance on low-wage manufacturing and labor arbitrage is featured in the book. Agricultural policy—extensively explored—remains crucial, as does the promotion of industrialization. This fifth edition offers a ‘state-of-the-art’ analysis of these essential themes and many others. Numerous case studies and issue focuses have been integrated with sundry central topics. Neoclassical theories and applications, including a timely exploration of behavioral economics, are both rigorously and accessibly explicated. Cypher’s comprehensive account remains the development economics text par excellence, as it takes a much more practical, hands-on view of the issues facing the developing countries than other, overly mathematical texts. This book is unique in its scope and in the detailed attention it gives to a vast range of ideas, including pioneering developmentalist and heterodox formulations. Distinct institutional structures are examined within their historical contexts. This landmark text will continue to be an invaluable resource for students, teachers, and researchers in the fields of development economics and development studies.
Download or read book Nonlinearities in Economics written by Giuseppe Orlando and published by Springer Nature. This book was released on 2021-08-31 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interdisciplinary book argues that the economy has an underlying non-linear structure and that business cycles are endogenous, which allows a greater explanatory power with respect to the traditional assumption that dynamics are stochastic and shocks are exogenous. The first part of this work is formal-methodological and provides the mathematical background needed for the remainder, while the second part presents the view that signal processing involves construction and deconstruction of information and that the efficacy of this process can be measured. The third part focuses on economics and provides the related background and literature on economic dynamics and the fourth part is devoted to new perspectives in understanding nonlinearities in economic dynamics: growth and cycles. By pursuing this approach, the book seeks to (1) determine whether, and if so where, common features exist, (2) discover some hidden features of economic dynamics, and (3) highlight specific indicators of structural changes in time series. Accordingly, it is a must read for everyone interested in a better understanding of economic dynamics, business cycles, econometrics and complex systems, as well as non-linear dynamics and chaos theory.
Download or read book Albert Winsemius And Singapore Here It Is Going To Happen written by Euston Quah and published by World Scientific. This book was released on 2022-05-18 with total page 1049 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here it is going to happen is the title of a painting memorialising Albert Winsemius' industrial survey mission to Singapore. The picture depicts the hilltop view of a pre-industrial Jurong.Besides being a biography of Albert Winsemius, the book examines Albert Winsemius' affinity with Singapore and his contributions to the nation's economic development. It also looks at his legacy and influence on past, current and future economic planners.
Download or read book Russian and Western Economic Thought written by Vladimir Avtonomov and published by Springer Nature. This book was released on 2022-10-03 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the interrelations between Russian and European economics from the early 19th century to the present. It analyzes how Western economic thinking, such as classical economics and the marginal revolution, influenced Russian economic thinking and how Western economic ideas were modified and adapted to better reflect the specific Russian circumstances of the time. Moreover, the contributions in this book show how these modified ideas also influenced Western economists at the end of the 19th century, when Russian economics had reached the stage of professionalism and joined the international discourse on the discipline. Written by an international selection of respected experts, this book provides an overview of the most influential Russian economists and covers a wide range of topics such as the marginal revolution, the specific influence of Marxism, the evolution of mathematics and statistics in Russia in the 1890s–1920s, and the unique experience of building a planned economy in the Soviet Union. It is intended for all scholars and students who are interested in the history of economic thought.
