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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
The object is to assess the validity, in the light of current economic development, of the epistemology structuring different historical interpretations linking capitalism, unfreedom and primitive accumulation. Conventional wisdom is that – regarding the incompatibility between capitalism and unfreedom –an unbroken continuity links Marxism to Adam Smith, Malthus, Mill and Max Weber. Challenging this, it is argued Marxism accepts that, where class struggle is global, capitalist producers employ workers who are unfree. The reasons are traced to the conceptualization by Smith of labour as value, by Hegel of labour as property, and by Marx of labour-power as commodity that can be bought/sold. From this stems the free/unfree distinction informing the process of becoming, being, remaining, and acting as a proletariat.
Author: Klaus Dörre Publisher: Campus Verlag ISBN: 3593438917 Category : Social Science Languages : en Pages : 435
Book Description
Der Gesellschaftstheorie ist die Arbeit und mit ihr die empirische Fundierung abhandengekommen, der Arbeitssoziologie die Theorie - aufgrund dieses Befundes wurde "Kapitalismustheorie und Arbeit" zum Standardwerk. Die Autorinnen und Autoren diskutieren nun in der aktualisierten englischen Auflage des Bandes die gegenwärtigen theoretischen Ansätze, um Kapitalismus und Arbeit wieder zusammenzudenken.
Author: Ursula Huws Publisher: Springer ISBN: 1137520426 Category : Social Science Languages : en Pages : 194
Book Description
In this long-awaited book, Ursula Huws brings together the results of decades of prescient research on labour market transformation to provide an authoritative overview of the impacts of technological, economic, social and political change on working life in the 21st century. Placing current upheavals in global labour markets firmly in their historical context, she debunks myths about the impacts of artificial intelligence on labour, pointing to the processes whereby new employment is created, as well as old jobs destroyed, while never underestimating the contradictory impacts of digitalisation on work organisation, resistance, adaption and innovation. This book is underpinned by a clear conceptual framework, that analyses the dynamics of the restructuring of capitalism and labour, taking full account of unpaid social reproductive work, and integrating a feminist analysis whilst also pointing to new forms of commodification that will shape the future. Labour in Contemporary Capitalism will be an invaluable resource and point of reference for students and scholars studying the sociology of labour, economic structures, technology, and globalisation.
Author: Ana Cecilia Dinerstein Publisher: Emerald Group Publishing ISBN: 1787691438 Category : Social Science Languages : en Pages : 192
Book Description
This book mounts a forceful critique of fashionable thinking on the possibility of a post-work, post-capitalist society achieved through automation, a basic income and the reduction of working hours to zero, suggesting this popular utopia is nothing of the sort.
Author: Haidar, Julieta Publisher: Edward Elgar Publishing ISBN: 1802205136 Category : Political Science Languages : en Pages : 288
Book Description
This engaging and timely book provides an in-depth analysis of work and labour relations within global platform capitalism with a specific focus on digital platforms that organise labour processes, known as labour platforms. Well-respected contributors thoroughly examine both online and offline platforms, their distinct differences and the important roles they play for both large transnational companies and those with a smaller global reach.
Author: Emmanuel D. Farjoun Publisher: Springer ISBN: 9783030933234 Category : Political Science Languages : en Pages : 0
Book Description
This book presents a probabilistic approach to studying the fundamental role of labor in capitalist economies and develops a non-deterministic theoretical framework for the foundations of political economy. By applying the framework to real-world data, the authors offer new insights into the dynamics of growth, wages, and accumulation in capitalist development around the globe. The book demonstrates that a probabilistic political economy based on labor inputs enables us to describe central organizing principles in modern capitalism. Starting from a few basic assumptions, it shows that the working time of employees is the main regulating variable for determining strict numerical limits on the rate of economic growth, the range of wages, and the pace of accumulation under the present global economic system. This book will appeal to anyone interested in how the capitalist mode of production works and its inherent limitations; in particular, it will be useful to scholars and students of Marxian economics. “Emmanuel Farjoun and Moshé Machover, follow up their pathbreaking work on the application of statistical physics methods to political economy in this book with David Zachariah, in which they develop methods for making educated and structured estimates of stylized facts applicable to capitalist economies. There’s a lot for economists and anyone interested in the political economy of capitalism to learn from their reasoning on these issues, including their novel and challenging suggestion of bounds on the rates of increase of use-value productivity of labor, and on the range of variation of the wage share.” Duncan K. Foley, Leo Model Professor of Economics, New School for Social Research
Author: Hartmut Elsenhans
Author: Hartmut Elsenhans
Author: Hartmut Elsenhans
Author: Tom Brass
Author: André Gorz
Author: Craig R. Littler
Author: Klaus Dörre
Author: Ursula Huws
Author: Ana Cecilia Dinerstein
Author: Haidar, Julieta
Author: Emmanuel D. Farjoun