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Thorstein Veblen and the Revival of Free Market Capitalism

Thorstein Veblen and the Revival of Free Market Capitalism PDF Author: Janet T. Knoedler
Publisher: Edward Elgar Publishing
ISBN: 1847207073
Category : Business & Economics
Languages : en
Pages : 262

Book Description
The volume offers many interesting hints on which the reader may have cause to reflect. Tiziana Foresti, History of Economic Ideas With the restoration of laissez faire as the governing principle of contemporary economic ideology and policy making, Thorstein Veblen s insights are once again timely. This book revisits his legacy, featuring original essays by renowned Veblen scholars. The contributors review and comment upon the subjects that concerned Veblen such as: the legal system, finance and capital, the operation of markets, neoclassical economics, private property, cultural and economic change, the place of science, and higher education. They consider how his evolutionary theory of the economy and society can continue to inform our understanding of our modern world. As an astute and highly capable observer, Veblen shed light on our present system through a re-examination of a similar system. Students and scholars of economics will find this provocative book of great interest. It will also be a refreshing discussion for those frustrated by the gap between the rosy scenarios of conventional economics and the problems of inequality, conspicuous consumption, concentrated economic power and unresponsive government.

Thorstein Veblen and the Revival of Free Market Capitalism

Thorstein Veblen and the Revival of Free Market Capitalism PDF Author: Janet T. Knoedler
Publisher: Edward Elgar Publishing
ISBN: 1847207073
Category : Business & Economics
Languages : en
Pages : 262

Book Description
The volume offers many interesting hints on which the reader may have cause to reflect. Tiziana Foresti, History of Economic Ideas With the restoration of laissez faire as the governing principle of contemporary economic ideology and policy making, Thorstein Veblen s insights are once again timely. This book revisits his legacy, featuring original essays by renowned Veblen scholars. The contributors review and comment upon the subjects that concerned Veblen such as: the legal system, finance and capital, the operation of markets, neoclassical economics, private property, cultural and economic change, the place of science, and higher education. They consider how his evolutionary theory of the economy and society can continue to inform our understanding of our modern world. As an astute and highly capable observer, Veblen shed light on our present system through a re-examination of a similar system. Students and scholars of economics will find this provocative book of great interest. It will also be a refreshing discussion for those frustrated by the gap between the rosy scenarios of conventional economics and the problems of inequality, conspicuous consumption, concentrated economic power and unresponsive government.

The Moral Economists

The Moral Economists PDF Author: Tim Rogan
Publisher: Princeton University Press
ISBN: 0691191492
Category : History
Languages : en
Pages : 276

Book Description
A fresh look at how three important twentieth-century British thinkers viewed capitalism through a moral rather than material lens What’s wrong with capitalism? Answers to that question today focus on material inequality. Led by economists and conducted in utilitarian terms, the critique of capitalism in the twenty-first century is primarily concerned with disparities in income and wealth. It was not always so. The Moral Economists reconstructs another critical tradition, developed across the twentieth century in Britain, in which material deprivation was less important than moral or spiritual desolation. Tim Rogan focuses on three of the twentieth century’s most influential critics of capitalism—R. H. Tawney, Karl Polanyi, and E. P. Thompson. Making arguments about the relationships between economics and ethics in modernity, their works commanded wide readerships, shaped research agendas, and influenced public opinion. Rejecting the social philosophy of laissez-faire but fearing authoritarianism, these writers sought out forms of social solidarity closer than individualism admitted but freer than collectivism allowed. They discovered such solidarities while teaching economics, history, and literature to workers in the north of England and elsewhere. They wrote histories of capitalism to make these solidarities articulate. They used makeshift languages of “tradition” and “custom” to describe them until Thompson patented the idea of the “moral economy.” Their program began as a way of theorizing everything economics left out, but in challenging utilitarian orthodoxy in economics from the outside, they anticipated the work of later innovators inside economics. Examining the moral cornerstones of a twentieth-century critique of capitalism, The Moral Economists explains why this critique fell into disuse, and how it might be reformulated for the twenty-first century.

Transforming Higher Education

Transforming Higher Education PDF Author: Stephen J. Rosow
Publisher: Lexington Books
ISBN: 0739131729
Category : Education
Languages : en
Pages : 260

Book Description
The university is being transformed and can be transformed. This doubleness informs this book. 'Transforming' in 'transforming higher education' can be read as adjective, suggesting that higher education is being transformed by the social and political situation in which it is enmeshed. 'Transforming' can also be read as a gerund, implying the critical activity of changing the university, as signaling a creative and political act of radical possibility. The essays in this book address the transformation of higher education and the transformative possibilities of its current conditions. Only by viewing the university as a historical construction can we assess the dangers and opportunities of the new conditions of higher education, and chart a reasonable course for the future. The essays in this book are critical of recent developments in universities and higher education. Most of us come from public universities, and all remain committed to a democratic higher education that we see threatened by recent developments. There is a danger that the combination of economic crisis, market ideology, and global pressures will continue to structure the debate about higher education in ways that freeze out the transformative and politically critical possibilities of the university. Part I of the book examines the historical transformation of the university as it has changed into its current form. Part II examines both the transformation of the university into a neoliberal institution and makes the case for the more political and radical idea of transforming the university in opposition to how it has been transformed in recent years. Part III offers a number of studies aimed at illuminating possibilities for transforming the university in a more progressive, democratic direction.

What is Neoclassical Economics?

What is Neoclassical Economics? PDF Author: Jamie Morgan
Publisher: Routledge
ISBN: 1317334515
Category : Business & Economics
Languages : en
Pages : 368

Book Description
Despite some diversification modern economics still attracts a great deal of criticism. This is largely due to highly unrealistic assumptions underpinning economic theory, explanatory failure, poor policy framing, and a dubious focus on prediction. Many argue that flaws continue to owe much of their shortcomings to neoclassical economics. As a result, what we mean by neoclassical economics remains a significant issue. This collection addresses the issue from a new perspective, taking as its point of departure Tony Lawson’s essay ‘What is this ‘school’ called neoclassical economics?’. Few terms are as controversial for pluralist and heterodox economists as neoclassical economics. This controversy has many aspects because the term itself has different specifications and connotations. Within this multiplicity what we mean by neoclassical matters to pluralist and heterodox economists for two primary reasons. First, because it informs how we view and critique the mainstream; second, because the relationship between heterodox and mainstream economics influences how heterodox economists model, apply methods and construct theory. The chapters in this collection each have different things to say about these matters, with contributions ranging across the work of key thinkers, such as Thorstein Veblen and Kenneth Arrow, applied issues of non-linear modelling of dynamic systems, and key events in the history of economics. This book will be of use to those interested in methodology, political economy, heterodoxy, and the history of economic thought.

The Microeconomics of Complex Economies

The Microeconomics of Complex Economies PDF Author: Wolfram Elsner
Publisher: Academic Press
ISBN: 0124115993
Category : Business & Economics
Languages : en
Pages : 599

Book Description
The Microeconomics of Complex Economies uses game theory, modeling approaches, formal techniques, and computer simulations to teach useful, accessible approaches to real modern economies. It covers topics of information and innovation, including national and regional systems of innovation; clustered and networked firms; and open-source/open-innovation production and use. Its final chapter on policy perspectives and decisions confirms the value of the toolset. Written so chapters can be used independently, the book includes an introduction to computer simulation and pedagogical supplements. Its formal, accessible treatment of complexity goes beyond the scopes of neoclassical and mainstream economics. The highly interdependent economy of the 21st century demands a reconsideration of economic theories. - Describes the usefulness of complex heterodox economics - Emphasizes divergences and convergences with neoclassical economic theories and perspectives - Fits easily into courses on intermediate microeconomics, industrial organization, and games through self-contained chapters

Leading Contemporary Economists

Leading Contemporary Economists PDF Author: Steven Pressman
Publisher: Routledge
ISBN: 1135974349
Category : Business & Economics
Languages : en
Pages : 464

Book Description
This book describes the important contributions of several contemporary economic figures including recent Nobel Laureates. Describing their work and putting it into an historical perspective, these chapters explain how their work constitutes a major contribution to the discipline of economics and how it has broadened economic science. Co-Editor of

Evolution of the Corporation in the United States

Evolution of the Corporation in the United States PDF Author: Glen Atkinson
Publisher: Edward Elgar Publishing
ISBN: 178990496X
Category : Business & Economics
Languages : en
Pages : 224

Book Description
This insightful book traces the evolution of corporate power in the United States, from social control over corporate power under early state laws to the modern liberation of the corporation serving primarily private purposes. It illustrates how the transition of attitudes towards corporations and dynamic changes in public policy have ushered in an age of financial fragility, income inequality and macroeconomic instability.

Thorstein Veblen

Thorstein Veblen PDF Author: Erik S. Reinert
Publisher: Anthem Press
ISBN: 1783083204
Category : Business & Economics
Languages : en
Pages : 392

Book Description
After his death Thorstein Veblen was hailed as ‘America’s Darwin and Marx’ and is normally portrayed as the perennial iconoclast. He severely criticised traditional economics and attempted to create an alternative approach based on a much more complex view of human beings. He is one of the most celebrated economists of our age and has been the inspiration for many books; the predatory version of capitalism we now again experience, the phenomenon of studying cultures of consumption and the darker sides of gilded ages can be traced back to Veblen. A conference in Veblen’s ancestral Norway marked the 150th anniversary of his birth. The aim of the conference was to consolidate Veblen scholarship and evaluate his relevance for the problems of today. This collection offers the results of that endeavour; it is a milestone of Vebleniana which assesses all the most salient aspects of his life and influence. Many of its contributors also push into uncharted territory, examining the man and his work from new and necessary perspectives hitherto ignored by scholarship.

The Anthem Companion to Thorstein Veblen

The Anthem Companion to Thorstein Veblen PDF Author: Sidney Plotkin
Publisher: Anthem Press
ISBN: 1783082828
Category : Political Science
Languages : en
Pages : 288

Book Description
Amidst the global financial and political crises of the late twentieth and early twenty-first centuries, scholars have turned for insight to the work of the radical American thinker, Thorstein Veblen. Inspired by an abundance of new research, social scientists from multiple disciplines have displayed a heightened appreciation for Veblen’s importance and value for contemporary social, economic and political studies. The Anthem Companion to Thorstein Veblen is a stimulating addition to this new body of scholarship, offering fresh material for ongoing reconsiderations of Veblen as a major theoretical resource for present-day debates on epistemology, social evolution, values, higher education, capitalist development and politics.

Choice

Choice PDF Author:
Publisher:
ISBN:
Category : Academic libraries
Languages : en
Pages : 1118

Book Description