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Author: Hartmut Elsenhans Publisher: Routledge ISBN: 1000435954 Category : Business & Economics Languages : en Pages : 236
Book Description
The dominant neoliberal approach presents politics and political economy as nuisances which disturb the smooth operation of self-regulating markets. But political economy is not merely an academic issue – it is a class issue, and this book forcefully argues that political economy should return to a central position in the study of the social sciences. Offering nothing less than a reconciliation of Marxian, Keynesian and neoclassical economics, the work opens with a discussion of the key, interconnected economic concepts which help us to understand capitalism: price, income, profit, value, growth and crisis. Prices reflect income distribution and therefore class relations, and the chapters show that the very emergence of capitalism resulted from mass empowerment of the so-called "lower orders". Profit is always available if entrepreneurs spend on net investment and create incomes for additional labour; this, in turn, requires expanding demand, and so therefore profit depends on rising mass incomes. Conversely, underdevelopment is the result of the destitution and disempowerment of the masses. In the Global South today, it is clear that enormous riches go hand in hand with widespread misery and poverty because the market does not transform wealth into the kind of investment that might benefit all. This book argues that the new wealth triggered by productivity increases has enabled the rich to liberate themselves from the capitalist constraints of competition and waste their new wealth in the form of rents. The main threat today is, in fact, the globalisation of rent. The text makes a point for a progressive counter strategy: capitalist structures that empower labour need to be transferred to the Global South. This requires political and economic efforts towards empowering labour in the Global South. This book demonstrates the analytical power of political economy for all social scientists and will be invaluable reading for economists, political scientists and sociologists in particular.
Author: Hartmut Elsenhans Publisher: Routledge ISBN: 1000435954 Category : Business & Economics Languages : en Pages : 236
Book Description
The dominant neoliberal approach presents politics and political economy as nuisances which disturb the smooth operation of self-regulating markets. But political economy is not merely an academic issue – it is a class issue, and this book forcefully argues that political economy should return to a central position in the study of the social sciences. Offering nothing less than a reconciliation of Marxian, Keynesian and neoclassical economics, the work opens with a discussion of the key, interconnected economic concepts which help us to understand capitalism: price, income, profit, value, growth and crisis. Prices reflect income distribution and therefore class relations, and the chapters show that the very emergence of capitalism resulted from mass empowerment of the so-called "lower orders". Profit is always available if entrepreneurs spend on net investment and create incomes for additional labour; this, in turn, requires expanding demand, and so therefore profit depends on rising mass incomes. Conversely, underdevelopment is the result of the destitution and disempowerment of the masses. In the Global South today, it is clear that enormous riches go hand in hand with widespread misery and poverty because the market does not transform wealth into the kind of investment that might benefit all. This book argues that the new wealth triggered by productivity increases has enabled the rich to liberate themselves from the capitalist constraints of competition and waste their new wealth in the form of rents. The main threat today is, in fact, the globalisation of rent. The text makes a point for a progressive counter strategy: capitalist structures that empower labour need to be transferred to the Global South. This requires political and economic efforts towards empowering labour in the Global South. This book demonstrates the analytical power of political economy for all social scientists and will be invaluable reading for economists, political scientists and sociologists in particular.
Author: Hartmut Elsenhans Publisher: Routledge ISBN: 1000435997 Category : Business & Economics Languages : en Pages : 163
Book Description
The dominant neoliberal approach presents politics and political economy as nuisances which disturb the smooth operation of self-regulating markets. But political economy is not merely an academic issue – it is a class issue, and this book forcefully argues that political economy should return to a central position in the study of the social sciences. Offering nothing less than a reconciliation of Marxian, Keynesian and neoclassical economics, the work opens with a discussion of the key, interconnected economic concepts which help us to understand capitalism: price, income, profit, value, growth and crisis. Prices reflect income distribution and therefore class relations, and the chapters show that the very emergence of capitalism resulted from mass empowerment of the so-called "lower orders". Profit is always available if entrepreneurs spend on net investment and create incomes for additional labour; this, in turn, requires expanding demand, and so therefore profit depends on rising mass incomes. Conversely, underdevelopment is the result of the destitution and disempowerment of the masses. In the Global South today, it is clear that enormous riches go hand in hand with widespread misery and poverty because the market does not transform wealth into the kind of investment that might benefit all. This book argues that the new wealth triggered by productivity increases has enabled the rich to liberate themselves from the capitalist constraints of competition and waste their new wealth in the form of rents. The main threat today is, in fact, the globalisation of rent. The text makes a point for a progressive counter strategy: capitalist structures that empower labour need to be transferred to the Global South. This requires political and economic efforts towards empowering labour in the Global South. This book demonstrates the analytical power of political economy for all social scientists and will be invaluable reading for economists, political scientists and sociologists in particular.
Author: Tom Brass Publisher: BRILL ISBN: 9004210407 Category : Social Science Languages : en Pages : 324
Book Description
Historical debates about capitalism, unfreedom and primitive accumulation suggest Marxism accepts that, where class struggle is global, capitalists employ unfree workers. Labour-power as commodity means the free/unfree distinction informs the process of becoming, being, remaining, and acting as a proletariat.
Author: Charles Bergquist Publisher: SAGE Publications, Incorporated ISBN: Category : Social Science Languages : en Pages : 320
Book Description
Essays on the economic policy of work in the international capitalist economy - includes theoretical approaches to the politics of production and labour exploitation; covers colonialism in India, economic development in Guatemala, black migration in South Africa R, working class culture of textile workers in Portugal, labour movements in the USA and Western Europe, the impact of industrial restructuring, export oriented industry in the East Asia, and historical boycotts in India and China. Graphs, references, statistical tables.
Author: Praveen Jha Publisher: Springer Nature ISBN: 9813346353 Category : Business & Economics Languages : en Pages : 496
Book Description
This book provides a focus on some of the main markers and challenges that are at the core of the study of structural transformations in contemporary capitalism and their implications for labour in the Global South. It examines the diverse perspectives and regional and social variations that characterise labour relations as a result of the uneven development which is an important facet of the intensification of capitalist accumulation.. The book provides important insights into the impact of the crises of capitalism on the wellbeing of labour at different historical junctures. Some of the issues covered by it include the conditions of work, and the changing composition of laboring classes and/or working people. The chapters also throw light on the multiple trajectories in the development of labour relations and employment in the Global South, especially after the ascendancy and domination of neoliberal finance capitalism. Some of the major aspects considered by the essays include the decentering of production and development of global value systems, crisis of social reproduction, and the rising informalisation of work.
Author: Benjamin Selwyn Publisher: John Wiley & Sons ISBN: 1509512802 Category : Political Science Languages : en Pages : 208
Book Description
The world economy is expanding rapidly despite chronic economic crises. Yet the majority of the world's population live in poverty. Why are wealth and poverty two sides of the coin of capitalist development? What can be done to overcome this destructive dynamic? In this hard-hitting analysis Benjamin Selwyn shows how capitalism generates widespread poverty, gender discrimination and environmental destruction. He debunks the World Bank's dollar-a-day methodology for calculating poverty, arguing that the proliferation of global supply chains is based on the labour of impoverished women workers and environmental ruin. Development theories – from neoliberal to statist and Marxist – are revealed as justifying and promoting labouring class exploitation despite their pro-poor rhetoric. Selwyn also offers an alternative in the form of labour-led development, which shows how collective actions by labouring classes – whether South African shack-dwellers and miners, East Asian and Indian Industrial workers, or Latin American landless labourers and unemployed workers – can and do generate new forms of human development. This labour-led struggle for development can empower even the poorest nations to overcome many of the obstacles that block their way to more prosperous and equitable lives.
Author: Ayşe Buğra Publisher: Edward Elgar Publishing ISBN: 1802209506 Category : Political Science Languages : en Pages : 225
Book Description
This invigorating book approaches social policy as a response to socioeconomic tensions and conflicts brought about by capitalist development, exploring how such policy reflects and shapes the world of work and socioeconomic life. Ayşe Buğra presents a historical overview of the ideas and politics of social policy in a discussion framed around the interrelated questions of poverty, work and inequality.
Author: Patrick Heller Publisher: ISBN: Category : Business & Economics Languages : en Pages : 312
Book Description
The state of Kerala in southern India is notable for the ways in which lower-class mobilization and state intervention have combined to create one of the most successful cases of social and redistributive development in the Third World. In contrast to predictions that labor militancy in developing countries threatens to overload fledgling democratic institutions and derail economic growth, The Labor of Development shows that the political and economic inclusion of industrial and agricultural workers in Kerala set the stage for a democratically negotiated capitalist transformation.When compared to the other Indian states, Kerala's departure from the national pattern is tied to its history of social movements and highlights the significance of understanding sub-national patterns of democratic consolidation and state building. The case of Kerala provides important theoretical insights into the circumstances under which the expansion of political and social citizenship can become the basis for managing economic change. Using examples from agriculture, industry, and the informal sector, Patrick Heller examines the institutional and political dynamics through which the demands of organized labor and the imperatives of capitalist growth have evolved from a period of open conflict and stagnation to one of class compromise. He also demonstrates that the Kerala model has broad ramifications for understanding the relationship between substantive democracy and market economies in low-income countries.
Author: Hartmut Elsenhans
Author: Hartmut Elsenhans
Author: Hartmut Elsenhans
Author: Tom Brass
Author: Charles Bergquist
Author: Praveen Jha
Author: Ben Fine
Author: Benjamin Selwyn
Author: André Gorz
Author: Ayşe Buğra
Author: Patrick Heller