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Author: Raphaël Fèvre Publisher: Oxford University Press ISBN: 0197607802 Category : Business & Economics Languages : en Pages : 281
Book Description
"Today, ordoliberalism is at the centre of the ongoing debate about the foundations, the present governance and future prospects of the European Union-and yet we do not dispose of a comprehensive definition of it. Whenever we talk of the dominance of the German model, the discussion should involve a detailed picture of ordoliberal principles. This book retraces the intellectual history of ordoliberalism, focusing in particular on the works of its main representatives Walter Eucken and Wilhelm Röpke, together with references to the contributions of Franz Böhm, Alexander Rüstow, Leonhard Miksch and Friedrich Lutz. The book highlights the crucial, albeit overlooked, role of economic and political power in the making of ordoliberal thought. More precisely, the book shows that ordoliberalism, in its ideological, epistemological, theoretical and political components, can be defined as a political economy of power, i.e. a form of economic knowledge, whose primary objective is to analyse the sources, the action and the impact of power within society. By doing so the book will offer a new perspective on ordoliberals' key concepts built in the inter-war, while contextualizing them within a broader intellectual project"--
Author: Raphaël Fèvre Publisher: Oxford University Press ISBN: 0197607802 Category : Business & Economics Languages : en Pages : 281
Book Description
"Today, ordoliberalism is at the centre of the ongoing debate about the foundations, the present governance and future prospects of the European Union-and yet we do not dispose of a comprehensive definition of it. Whenever we talk of the dominance of the German model, the discussion should involve a detailed picture of ordoliberal principles. This book retraces the intellectual history of ordoliberalism, focusing in particular on the works of its main representatives Walter Eucken and Wilhelm Röpke, together with references to the contributions of Franz Böhm, Alexander Rüstow, Leonhard Miksch and Friedrich Lutz. The book highlights the crucial, albeit overlooked, role of economic and political power in the making of ordoliberal thought. More precisely, the book shows that ordoliberalism, in its ideological, epistemological, theoretical and political components, can be defined as a political economy of power, i.e. a form of economic knowledge, whose primary objective is to analyse the sources, the action and the impact of power within society. By doing so the book will offer a new perspective on ordoliberals' key concepts built in the inter-war, while contextualizing them within a broader intellectual project"--
Author: Randall G. Holcombe Publisher: Cambridge University Press ISBN: 1108596126 Category : Political Science Languages : en Pages : 305
Book Description
Problems associated with cronyism, corporatism, and policies that favor the elite over the masses have received increasing attention in recent years. Political Capitalism explains that what people often view as the result of corruption and unethical behavior are symptoms of a distinct system of political economy. The symptoms of political capitalism are often viewed as the result of government intervention in a market economy, or as attributes of a capitalist economy itself. Randall G. Holcombe combines well-established theories in economics and the social sciences to show that political capitalism is not a mixed economy, or government intervention in a market economy, or some intermediate step between capitalism and socialism. After developing the economic theory of political capitalism, Holcombe goes on to explain how changes in political ideology have facilitated the growth of political capitalism, and what can be done to redirect public policy back toward the public interest.
Author: Danielle Allen Publisher: University of Chicago Press ISBN: 0226818438 Category : Political Science Languages : en Pages : 422
Book Description
Defining a just economy in a tenuous social-political time. If we can agree that our current social-political moment is tenuous and unsustainable—and indeed, that may be the only thing we can agree on right now—then how do markets, governments, and people interact in this next era of the world? A Political Economy of Justice considers the strained state of our political economy in terms of where it can go from here. The contributors to this timely and essential volume look squarely at how normative and positive questions about political economy interact with each other—and from that beginning, how to chart a way forward to a just economy. A Political Economy of Justice collects fourteen essays from prominent scholars across the social sciences, each writing in one of three lanes: the measures of a just political economy; the role of firms; and the roles of institutions and governments. The result is a wholly original and urgent new benchmark for the next stage of our democracy.
Author: David G. Victor Publisher: Cambridge University Press ISBN: 113946079X Category : Business & Economics Languages : en Pages : 15
Book Description
Over the last fifteen years the world's largest developing countries have initiated market reform in their electric power sectors from generation to distribution. This book evaluates the experiences of five of those countries - Brazil, China, India, Mexico and South Africa - as they have shifted from state-dominated systems to schemes allowing for a larger private sector role. As well as having the largest power systems in their regions and among the most rapidly rising consumption of electricity in the world, these countries are the locus of massive financial investment and the effects of their power systems are increasingly felt in world fuel markets. This accessible volume explains the origins of these reform efforts and offers a theory as to why - despite diverse backgrounds - reform efforts in all five countries have stalled in similar ways. The authors also offer practical advice to improve reform policies.
Author: Jakub M. Godzimirski Publisher: Springer ISBN: 3319933604 Category : Political Science Languages : en Pages : 281
Book Description
This edited collection details and analyses the dramatic changes that the international political economy of energy has undergone in the past decade. This change began with the increasing assertiveness of Russia when the oil price rose above the $100 mark in 2008. This, combined with the rise of shale oil and gas, made the USA all but self-sufficient in terms of fossil fuels. The collapse of the oil price in 2014-15, Saudi Arabia’s new strategy of defending its market share and the increasingly tense and controversial relationship between the West and Russia all worked to further strengthen the geopolitical dimension of energy in Europe. The global result is a world in which geopolitics play a bigger part than ever before; the central question the authors of this volume grapple with is how the EU – and European small states – can deal with this. Chapter 4 of this book is available open access under a CC BY 4.0 license at link.springer.com
Author: Kathryn Hochstetler Publisher: Cambridge University Press ISBN: 1108843840 Category : Business & Economics Languages : en Pages : 295
Book Description
Shows that economic concerns about jobs, costs, and consumption, rather than climate change, are likely to drive energy transition in developing countries.
Author: Thomas-Olivier Leautier Publisher: MIT Press ISBN: 0262039281 Category : Business & Economics Languages : en Pages : 413
Book Description
The first textbook to present a comprehensive and detailed economic analysis of electricity markets, analyzing the tensions between microeconomics and political economy. The power industry is essential in our fight against climate change. This book is the first to examine in detail the microeconomics underlying power markets, stemming from peak-load pricing, by which prices are low when the installed generation capacity exceeds demand but can rise a hundred times higher when demand is equal to installed capacity. The outcome of peak-load pricing is often difficult to accept politically, and the book explores the tensions between microeconomics and political economy. Understanding peak-load pricing and its implications is essential for designing robust policies and making sound investment decisions. Thomas-Olivier Léautier presents the model in its simplest form, and introduces additional features as different issues are presented. The book covers all segments of electricity markets: electricity generation, under perfect and imperfect competition; retail competition and demand response; transmission pricing, transmission congestion management, and transmission constraints; and the current policy issues arising from the entry of renewables into the market and capacity mechanisms. Combining anecdotes and analysis of real situations with rigorous analytical modeling, each chapter analyzes one specific issue, first presenting findings in nontechnical terms accessible to policy practitioners and graduate students in management or public policy and then presenting a more mathematical analytical exposition for students and researchers specializing in the economics of electricity markets and for those who want to understand and apply the underlying models.
Author: G. Youngs Publisher: Springer ISBN: 0333983904 Category : Political Science Languages : en Pages : 213
Book Description
Political Economy, Power and the Body is carefully organized to provide an introductory section of three chapters which set out a number of detailed theoretical arguments relevant to the work developed in the next two sections. In this sense the collection should be a major contribution in laying the groundwork in the new area. The strength of the volume lies in the way the individual chapters bring theory and practice together. It could be argued that it represents the maturity of feminist work in international political economy now. The book will be a vital teaching as well as research text, especially in international relations/international political economy/women's studies generally.