Download or read book Wall Street Capitalism The Theory Of The Bondholding Class written by E Ray Canterbery and published by World Scientific Publishing Company. This book was released on 2000-02-18 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Breaking the chains of the bond market…This book goes behind the headlines of the Wall Street Journal to unmask the ';bondholding class';. Insulated from criticism by a self-serving ideology, the bondholders have redefined the indicators of economic well-being decidedly in Wall Street's favor. Created out of the fiscal folly of Reaganomics, fortified by Federal Reserve officials, and patronized by the Clinton Administration, the bondholding class invented the ';Goldilocks economy'; (never too hot, never too cold). As this powerful class has amassed the greatest wealth in history, ordinary Americans have been losing ground to the ensuing global financial turbulence. In a tour de force, Ray Canterbery shows how the evaporation of personal savings — ';the Angels share'; — is as necessary to Wall Street capitalism as it is damaging to growth and wages on Main Street.
Download or read book Inequality And Global Supra surplus Capitalism written by E Ray Canterbery and published by World Scientific. This book was released on 2018-01-18 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is written as a sequel to John Kenneth Galbraith's The Affluent Society, and provides a theoretical framework, for the first time, for surpra-surplus capitalism.Conventional economics has the income and wealth distributions as 'givens'. This assumption immediately excludes such distributions from economic and social concern. Occasionally, economists such as Kenneth Boulding and even earlier, Michal Kalecki, have attempted to develop alternative perspectives in which such distributions are integral to the story and therefore have implications for public policy. At the same time, conventional microeconomics is a theory of price only in which economic efficiency (in an engineering sense) is the only value to be optimized. The income or wealth distributions are given as constraints. Mathematically, the constraints thereafter become invisible; they have no further role to play. The choices that are presumed to be made are neither inhibited nor facilitated by a household's position in the income or wealth distributions.This volume will explore problems with conventional theory and policy, but its main thrust comprises a theory of supra-surplus capitalism, applicable to both developed and developing countries, and its relation to inequalities worldwide.
Download or read book A Brief History of Economics written by E. Ray Canterbery and published by World Scientific. This book was released on 2011 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Canterbery's unique style of presentation and breadth of vision manages to breathe new life into the study of dead economists ... Really helps the reader conjure up a vision of the economic times ... A fine addition to the history of thought literature." Journal of Economic Issues.
Download or read book Making Of Economics The 4th Edition Vol Iii The Radical Assault written by E Ray Canterbery and published by World Scientific Publishing Company. This book was released on 2009-12-14 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first in the field to cover exclusively the modern radical economists. Science has always had its radicals; economics is unexceptional in this regard. The book begins with the persona of Karl Marx and his soulmate Friedrich Engels, the most radical of all, continuing with the central ideas of Marx, including his theory of capitalism and an understanding of why, in Marx's view, capitalism is doomed. Thereafter, Thorstein Veblen fills the role as the USA radical who founded the only uniquely American school of economics - the institutionalist school. This is followed by Joseph Schumpeter and his theory of capitalist motion. According to Schumpeter, the demise of capitalism is self-inflicted through creative destruction. The bestselling authors, Robert Heilbroner and John Kenneth Galbraith, straddle both the insitutionalist and Post Keynesian schools. The new left radicals emanated from Galbraith's Harvard University and are still around today. The heyday of the new right came during the administration of Ronald Reagan and was led by the neo-Austrians. Finally, the book concludes by analyzing the Post Keynesians' claim to be the legitimate heirs to Keynesianism. Thus far, they fall into the radical camp.This book is also available as a .
Download or read book Property in Contemporary Capitalism written by Paddy Ireland and published by Policy Press. This book was released on 2024-07-31 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Amid the shift towards neoliberalism and the privatization of resources, this book provides a radical new lens to view property and property theory. Boldly challenging the conventional theories of property law that have shaped our understanding for centuries, leading expert Paddy Ireland explores the rise and growth of new intangible property forms; the nature of ‘investment’ and of property-as-capital; and the empirical realities of modern property. Raising broader questions about ownership in society, the author ignites a powerful conversation about the increasingly unequal distribution of wealth, forcing us to confront that our current property system bears considerable responsibility for the current ‘polycrisis. This groundbreaking work will set the agenda for a new era in property theory.
Download or read book The Dual State written by Eric Wilson and published by Routledge. This book was released on 2016-03-23 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents a practical demonstration of the relevance of Carl Schmitt's thought to parapolitical studies, arguing that his constitutional theory is the one best suited to investing the ’deep state’ with intellectual and doctrinal coherence. Critiquing Schmitt’s work from a variety of intellectual perspectives, the chapters discuss current parapolitical reality within the domain of criminology, the parapolitical nature of both the dual state and the national security state corporate complex. Using the USA as a prime example of the world’s current dual or ’deep political state’, the criminogenic dimensions of the parapolitical systems of post 9/11 America are discussed. Using case studies, the dual state is examined as the causal factor of inexplicable parapolitical events within both the developed and developing world, including Sweden, Canada, Italy, Turkey, and Africa.
Download or read book The Global Great Recession written by E. Ray Canterbery and published by World Scientific. This book was released on 2011 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an account of the Great Recession of 2007-2010. This title presents an output-employment framework for evaluating the Great Recession. It includes a chapter on the Great Depression that provides a basis for comparison while outlining the institutions still intact that moderated that downturn.
Download or read book The Rise And Fall Of Global Austerity written by E Ray Canterbery and published by World Scientific. This book was released on 2014-12-15 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since its onset in late 2007, few expected the Great Recession to be protracted for over half a decade across the world. The Rise and Fall of Global Austerity explains the origins and history of austerity, severe implications of the idea of it and how the continuation of the Great Recession was a by-product of austerity measures. Covering austerity policies that are in place in the United States, Europe, and other countries, E Ray Canterbery explains why austerity is detrimental for economies, economic policy and the general health of populations around the world. He highlights the connection between public debt and austerity policies and shows how the austerity lobby works in the United States to achieve its goals. Besides presenting a critique of the rationale for austerity, Canterbery also recommends monetary, fiscal, and incomes policy remedies, and stresses why economic growth and full employment are more ideal and pragmatic antidotes to the Great Recession.
Download or read book Racing the Storm written by Hillary Potter and published by Lexington Books. This book was released on 2007 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: On August 29, 2005, Hurricane Katrina hit land and gravely affected the lives of many people in the states along the Gulf Coast. Katrina went beyond demonstrating the devastating natural effects of a hurricane by exposing the continuing significance of race relations and racial stereotyping in U.S. society. Racing the Storm serves to highlight the race-based perceptions of and responses to Katrina survivors by governmental entities, volunteers, the media, and the general public. Scholars from a variety of disciplines take on the task of analyzing the social phenomena and racial implications surrounding Hurricane Katrina. Book jacket.
Download or read book Why We Can t Afford the Rich written by Andrew Sayer and published by Policy Press. This book was released on 2015-11-11 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even as inequalities widen, the effects of austerity deepen, and the consequences of recession linger, in many countries the wealth of the rich has soared. Why We Can't Afford the Rich exposes the unjust and dysfunctional mechanisms that allow the top 1% to siphon off wealth produced by others through the control of property and money. Leading social scientist Andrew Sayer shows how over the past three decades the rich worldwide have increased their ability to hide their wealth, create indebtedness, and expand their political influence. Aimed at all engaged citizens, this important and accessible book uses simple distinctions to burst the myth of the rich as especially talented wealth creators. But more than this, as the risk of runaway climate change grows, it shows how the rich are threatening the planet by banking on unsustainable growth. Forcefully arguing that the crises of economy and climate can only be resolved by radical change, Sayer makes clear that we must make economies sustainable, fair, and conducive to well being for all.
Download or read book Making Of Economics The 4th Edition Vol I The Foundation written by E Ray Canterbery and published by World Scientific Publishing Company. This book was released on 2003-11-11 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: A classic returns. The third edition of The Making of Economics appeared in 1987. Now, in a major revision, Ray Canterbery brings the book right up to date with new chapters on the 'casino economy' (a term the author invented to describe an economy driven by making money with money rather than focusing on real production, now overtaken by reality), Joseph Schumpeter, globalization, and general equilibrium. Canterbery retains the engaging flavor of the earlier editions by covering the times and ideas of the major economists, such as Smith, Ricardo, Malthus, Mill, and Marshall, while giving ample ink to the remarkable dissidents - Marx, Veblen, Galbraith, Heilbroner, and other 'radicals'. Canterbery again unmasks a traditional economics eschewing value judgements but itself standing on hidden ones even as he traces its origins to Isaac Newton's idea of an orderly universe. Personal references relate the great economists' ideas to the societies in which they lived, making the historical figures really come alive. Economics is displayed as a developing discipline, a discipline still evolving.This book is also available as a .
Download or read book The Making of Economics written by E. Ray Canterbery and published by World Scientific. This book was released on 2003 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: An exploration of the history of economics, updated for 2003. There are new chapters on the 'casino economy', Joseph Schumpeter, globalization, and general equilibrium. Ray Canterbery seeks to retain the flavour of the earlier editions by covering the times and ideas of the major economists.
Download or read book Harry S Truman The Economics Of A Populist President written by E Ray Canterbery and published by World Scientific. This book was released on 2014-03-19 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: Harry S Truman is best remembered as the President who witnessed the swift arrival of the Cold War in the tumultuous years after World War Two. Little however has been written to show that he was also the populist President who set the political economic course for the United States to win it merely 40 years later.In this timely biography, E Ray Canterbery captures the spirit of the man, who first and foremost, was a politician who crafted political progams such as the Fair Deal program, full-employment program, New Deal program, reconversion, stabilization, and agriculture progams through the lens of progressiveness. He focuses on Truman's populist economics by charting Truman's early years, the makings of his populist character, his beginnings in Washington, Communism and the Truman Doctrine, the campaign of 1948, the Marshall Plan, the firing of General MacArthur, and the Korean War. While the economic aspects of his term were fundamentally that of war and peace, Canterbery analyses in great depth Truman's economic policies and instruments, such as the Employment Act of 1946 and the President's Council of Economic Advisers (CEA) — results of Truman's presidency that other authors of books on Truman have largely ignored.Harry S Truman: The Economics of a Populist President shows how Truman should be remembered: As a progressive politician whose populist policies rank him among the “near great” Presidents in the tradition of William Jennings Bryan, Theodore Roosevelt, and Woodrow Wilson.
Download or read book The End of Economic Man written by George P. Brockway and published by W. W. Norton & Company. This book was released on 2001 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book that took the mystery out of economics and put free will back in.
Download or read book New Directions for Catholic Social and Political Research written by Guido Giacomo Preparata and published by Springer. This book was released on 2016-10-25 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers scholars who ground their research in compassion and pacifism a new framework for the socio-political analysis of current global events. By tackling a broad range of critical themes in various disciplines, the essays compose a critical narrative of the ways in which power and violence shape society, culture, and belief. In addition to the contemporary dynamics of international economics, political murder, and the rhetorical antagonism between Christianity and Islam, the book addresses cultural strife in the West, the societal effects of neoconservative hegemony in the United States and the world, and the overall question of religious credence in connection with political action. All such topics are discussed with a view toward providing solutions and policies that are informed by a comprehensive desire to resist violence and war, on the one hand, and to foment cohesion and harmony at the community level, on the other.
Download or read book Dance in the Global Village written by Lothar F. Neumann and published by Author House. This book was released on 2008-01-23 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This treatise introduces the figures of shareholder, stakeholder, index tracker, bondholder and options trader as cosmopolitan financial actors in order to describe and explain the development of global capitalism with regard to a series of more or less different capitalisms. The terms shareholder and bondholder are generally known. Stakeholders appear less frequently although the economic players have taken over the role of stakeholder mostly without realising it. Options traders are chiefly professional stock exchange players but, in view of the enlargement and democratisation of global financial capitalism, more and more knowledgeable laymen also develop into options traders. The figure of index tracker is relatively new. However, he does not act as a capitalist maximiser of profits, but contents himself with reaching an index. His behaviour can be characterised as being “watchful waiting”. These figures emerging everywhere form a cleverly designed pattern in order to outline the mechanisms and institutions of global capitalism. A typology of capitalisms is introduced for its “diversity in uniformity”, illustrated by the Ferris Wheel of capitalism. This treatise deals with the modern essentials of cosmopolitan capitalist economy: free trade and mobility of capital, direct investments, migration, global labour arbitrage. The capitalist development and time analysis ranges from laissez-faire capitalism, from speculation and corruption to principal-agent relations and from the world economic crisis to irrational exuberance. The international policy differences are illustrated by the hawks and doves of economic policy. Finally, the Epilogue develops the political economy of cosmopolites in the Global Village into the ten commandments of capitalist civil religion. The author of this treatise is a social economist, financial sociologist, social philosopher and obviously also an insider of practised financial capitalism. He has an excellent command of standard economy without surrendering to it. This enables him to deal with a great many economic problems in an unorthodox manner and to introduce a large portion of innovation into the scientific and political discussion.
Download or read book Financialization Of Daily Life written by Randy Martin and published by Temple University Press. This book was released on 2002-10-18 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: While trillions of dollars came and went in the stock market boom of the 1990s, the image of "every man and woman a CEO" may turn out to be the era's lasting legacy. Business news, once reserved to specialized papers or sections of the larger news of the day, came to the forefront in cable television and in cultural images of how ordinary people, through the internet and other avenues could not only master their financial life, but move money and equity around with the ease of a financial titan. Financialization of Daily Life looks at how this transformation occurred, and how it is just now becoming a significant, and troubling, aspect of our political and cultural life.Randy Martin takes us through all of the aspects of our "financialization." He examines how the shift in economic life arose not only from changes in culture, but also from new policy priorities that emphasize controlling inflation over promoting growth. He offers a close reading of self-help literature that teaches parents how to rear financially literate children and to instruct adults in the fundamentals of fiscal management. He examines just what a society that treats financial investment as a national past time really looks like, and how that society is transforming the world.In a country rocked by scandals in accounting and banking, the identification ordinary citizens make with, and the risk with which they engage in, the stock market calls into question the very basis of our economic system. Randy Martin spells out in clear terms the implications our financial doings—and undoing—have for the way we organize our lives, and, especially, our money.
