Inside Capitalism An Introduction To Political Economy
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Inside Capitalism; An Introduction to Political Economy by Paul Phillips Pdf
These Days Almost Anyone Is Bound To Be Depressed By The Litany Of Economic Woes Besieging Canada. Mainstream Economists, Politicians And Business Leaders Claim That Workers Wages Must Fall, That The Social Safety Net Must Be Stripped Away, That Taxes Must Be Cut And That Environmental Regulations Must Be Relaxed. There Is No Alternative, We Are Told, If Canada Is To Be Competitive. But Is This Really The Case? If We Are To Even Begin To Respond To This New Economic Mantra We Have To Know What Makes Our Economy Tick. In InsideCapitalism, Paul Phillips Introduces Us To Political Economic Analysis That Explains Why Firms Behave As They Do, Why We Have Such A High Level Of Economic Monopoly And Who Benefits From The Economic Structure Of Capitalism. In So Doing, Phillips Shows Us That Traditional Economic Analysis Is Mainly Ideology. Clearly, The Dismal Prospects That Average Canadians Face Are Not The Result Of Immutable Economic Laws But Rather Due To The Political And Economic Power That Business Has Amassed With The Aid Of Successive Governments And The Bank Of Canada.
Inside Capitalism; An Introduction to Political Economy by Paul Philips Pdf
These days almost anyone is bound to be depressed by the litany of economic woes besieging Canada. Mainstream economists, politicians and business leaders claim that workers' wages must fall, that the social safety net must be stripped away, that taxes mu
"Geoff Mann is a new breed of monkey-wrencher. He knows that contemporary capitalism has a perverse habit of dismantling itself and gives us a toolkit to build a new, more socially just edifice."—Andy Merrifield, Magical Marxism "Insightful and incisive, thoughtful and thorough, filled with new avenues for thinking about resistence. Pass this one by at your own peril."—Matt Hern, Common Ground in a Liquid City To imagine how we might change capitalism, we first need to understand it. To succeed in actually changing it, we need to be able to explain how it works and convince others that change is both possible and necessary. Disassembly Required is an attempt to meet those challenges, and to offer clear, accessible alternatives to the status quo of everyday capitalism. Originally crafted as a comprehensive overview for younger readers, Geoff Mann's explanation of the fundamental features of contemporary capitalism is illustrated with real-world examples?an ideal introduction for anyone wanting to learn more about what capitalism is and where it falls short. What emerges is an anti-capitalist critique that fully understands the complex, dynamic, robust organizational machine of modern economic life, digging deep into the details of capitalist institutions and the relations that justify them to unearth the politically indefensible and ecologically unsustainable premises that underlie them. Geoff Mann teaches political economy and economic geography at Simon Fraser University, where he directs the Centre for Global Political Economy. He is the author of Our Daily Bread: Wages, Workers and the Political Economy of the American West (2007) and a frequent contributor to Historical Materialism and New Left Review.
This is a book about how 21st-century capitalism really works. Modern economics strips away social, historical, and political context from analysis of 'the economic', but the economy is far too important to leave exclusively to the economists. Comparative Political Economy (CPE) is a much broader, richer intellectual undertaking which 're-embeds' the analysis of the economic within the social and political realm. This is at the heart of how to think like a political economist. This text maps the terrain and evolution of CPE, providing the analytical tools to explore the many variants of capitalism, unearthing their roots in competing visions of the desirable distribution of the fruits of growth. Connecting CPE systematically to the subfield of International Political Economy (IPE), the book explains how these visions generate ongoing political struggles over how to regulate and manage capitalism. This is the perfect introduction to the field for all students of CPE and IPE. New to this Edition: - Fully revised and updated throughout to take into account the latest empirical and theoretical developments in this fast-moving field - A brand New chapter on the political economy of inequality, populism, Trump & Brexit - New expanded 'how to use this book' aimed at student readers - More coverage of the types of economies covered, to move from an exclusively Western focus to cover developing and emerging global economies
A lively, accessible, and timely guide to Marxist economics for those who want to understand and dismantle the world of the 1%. Economists regularly promote Capitalism as the greatest system ever to grace the planet. With the same breath, they implore us to leave the job of understanding the magical powers of the market to the “experts.” Despite the efforts of these mainstream commentators to convince us otherwise, many of us have begun to question why this system has produced such vast inequality and wanton disregard for its own environmental destruction. This book offers answers to exactly these questions on their own terms: in the form of a radical economic theory. “Thier’s urgently needed book strips away jargon to make Marx’s essential work accessible to today’s diverse mass movements.” —Sarah Leonard, contributing editor to The Nation “A great book for proletarian chain-breaking.” —Rob Larson, author of Bit Tyrants: The Political Economy of Silicon Valley “Thier unpacks the mystery of capitalist inequality with lucid and accessible prose . . . . We will need books like A People’s Guide to help us make sense of the root causes of the financial crises that shape so many of our struggles today.” —Keeanga-Yamahtta Taylor, author of Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership “Ranging from exploitation at work to the operations of modern finance, this book takes the reader through a fine-tuned introduction to Marx’s analysis of the modern economy . . . . Thier combines theoretical explanation with contemporary examples to illuminate the inner workings of capitalism . . . . Reminds us of the urgent need for alternatives to a crisis-ridden system.” —David McNally, author of Blood and Money
Varieties of Capitalism by Peter A. Hall,David W. Soskice Pdf
Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.
Embedded in an historical account of the development of U.S. capitalism up to the present day, this book gives the reader a thorough description of the major aspects of the U.S. economy, as well as a theoretical understanding of the overall economy. A particular focus of this book is how free markets work in capitalism and the interrelationship between markets and the government. Of particular interest in the current economic situation is the question of what can the government do to get the economy going again. Underlying the standard economics text today is the fundamental belief that leaving markets as free as possible will lead to the ideal economy. Directly opposing this approach, this book takes a critical stance toward free markets. Rather than viewing markets as the ideal solution to almost all economic problems, this book argues that markets are not always the answer. On the contrary, they are often the problem, and must be corrected by government action. Related to this critical stance, and in a further departure from current economics texts, this book takes an explicitly Keynesian approach to the macro-economy. Rejecting the free market approach which dominates both micro- and macro-economics today, this book offers a fresh perspective on economics and the economy today.
An Introduction to the Three Volumes of Karl Marx's Capital by Michael Heinrich Pdf
The global economic crisis and recession that began in 2008 had at least one unexpected outcome: a surge in sales of Karl Marx's Capital. Although mainstream economists and commentators once dismissed Marx's work as outmoded and flawed, some are begrudgingly acknowledging an analysis that sees capitalism as inherently unstable. And of course, there are those, like Michael Heinrich, who have seen the value of Marx all along, and are in a unique position to explain the intricacies of Marx's thought. Heinrich's modern interpretation of Capital is now available to English-speaking readers for the first time. It has gone through nine editions in Germany, is the standard work for Marxist study groups, and is used widely in German universities. The author systematically covers all three volumes of Capital and explains all the basic aspects of Marx's critique of capitalism in a way that is clear and concise. He provides background information on the intellectual and political milieu in which Marx worked, and looks at crucial issues beyond the scope of Capital, such as class struggle, the relationship between capital and the state, accusations of historical determinism, and Marx's understanding of communism. Uniquely, Heinrich emphasizes the monetary character of Marx's work, in addition to the traditional emphasis on the labor theory of value, this highlighting the relevance of Capital to the age of financial explosions and implosions.
Political Economy and the Rise of Capitalism by David McNally Pdf
From the Introduction: This book challenges the conventional wisdom about classical political economy and the rise of capitalism. It is written in the conviction that modern interpretations of political economy have suffered terribly from acceptance of the prevailing liberal view of the origins and development of capitalist society. By the liberal account, capitalism emerged out of the centuries-old competitive activities of merchants and manufacturers in rational pursuit of their individual economic self-interest. Over time, this account claims, the persistent activity of these classes developed new forms of wealth and productive resources and new intellectual and cultural habits, which eroded the existing structure of society. The rise of capitalism is thus explained in terms of the rise to prominence of the most productive, rational, and progressive social groups—merchants and manufacturers. Not surprisingly, classical political economy came to be seen as an intellectual reflection of the ascendance of merchants and manufacturers and as a theoretical justification of their interests and activities. This book argues that capitalism was the product of an immense transformation in the social relationships of landed society and that this fact is crucial to understanding the development of classical political economy. Without a radical transformation of the agrarian economy, the activities of merchants and manufacturers would have remained strictly confined. By no inexorable logic of their own were mercantile and industrial activities capable of fundamentally transforming the essential relations of precapitalist society. Rather, the changes in agrarian economy, which drove rural producers from their land, forced them onto the labour market as wage labourers for their means of subsistence, and refashioned farming as an economic activity based upon the production of agricultural commodities for profit on the market, established the essential relations of modern capitalism. In what follows, these processes are described in terms of the emergence of agrarian capitalism. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1988.
Development, Capitalism, and Rent by Hannes Warnecke-Berger Pdf
This book combines Hartmut Elsenhans’ ideas on the laws of motion of capitalism and his approach to world system analysis and rent theory, his thoughts on development theory and finally, international relations and the past, present, and future dynamics of the international system. Hartmut Elsenhans shows that capitalist growth depends on rising mass incomes and on the strength of labor unions and their bargaining power. This alternative approach challenges mainstream assumptions on capitalism, growth, and development by both leading leftist authors, such as David Harvey, Immanuel Wallerstein, Andre Gunder Frank or Samir Amin, as well as by neoclassical economists and western institutionalist political and social scientists. Hartmut Elsenhans offers a unique approach to understand the dynamics of capitalism as well as the prospects for development. This Festschrift brings together his major contributions on these topics that were initially never or only published in German or French.
This influential collection of essays focuses on the elusive concept of "value," and aims to answer the question "Why is Marx's theory of value so important?" Aboo Aumeeruddy and Ramon Tortajada introduce the key interpretive debates surrounding "value form," leading to seminal essays by Jairus Banaji and Chris Arthur. The labour theory of value is interrogated by Geoffrey Kay and Athar Hussain, and Diane Elson concludes with an argument for the importance of Marx's "Value Theory of Labour." These incisive and erudite texts provide a crucial introduction to Marxist political economy, as well as advancing critical arguments for those already well versed in the field.
Development, Capitalism, and Rent by Hannes Warnecke-Berger Pdf
'The essays in this volume are refreshingly different in their tone and mode of analysis. Using a few basic concepts like rent, balance of class power, and wage-led growth through mass consumption, the author provides a multi-dimensional explanatory framework for development. With impressive scholarship, he links history, economics and sociology seamlessly with country-based observations. Whether in agreement or not, the reader, an experienced researcher or an aspiring scholar, will feel greatly rewarded by the insightful freshness of these essays.' -Amit Bhaduri, Professor Emeritus, Jawaharlal Nehru University, New Delhi, India 'One of my greatest revelations as a young scholar came when I read Hartmut Elsenhans' 1983 article "Rising Mass Incomes as a Condition of Capitalist Growth". Almost 30 years, and dozens of articles, later, Elsenhans' much more fully developed theory still provides one of the freshest, most insightful, and coherent policy-relevant visions of the economy of our supposedly "post"-colonial world. This volume celebrates Elsenhans' long career with a welcome introduction to his vision.' -Craig N. Murphy, Betty Freyhof Johnson '44 Professor, Wellesley College, USA 'Hartmut Elsenhans is the most clear-sighted political economist of our time. This book rounds out his theory of rent with a series of articles not previously available in English. Highly recommended!' -Salvatore Babones, University of Sydney, Australia This book combines Hartmut Elsenhans' ideas on the laws of motion of capitalism and his approach to world system analysis and rent theory, his thoughts on development theory and finally, international relations and the past, present, and future dynamics of the international system. Hartmut Elsenhans shows that capitalist growth depends on rising mass incomes and on the strength of labor unions and their bargaining power. This alternative approach challenges mainstream assumptions on capitalism, growth, and development by both leading leftist authors, such as David Harvey, Immanuel Wallerstein, Andre Gunder Frank or Samir Amin, as well as by neoclassical economists and western institutionalist political and social scientists. Hartmut Elsenhans offers a unique approach to understand the dynamics of capitalism as well as the prospects for development. This Festschrift brings together his major contributions on these topics that were initially never or only published in German or French. Hannes Warnecke-Berger is Senior Researcher at the University of Kassel, Germany. He is a political scientist and the author and editor of various books and articles, including Politics and Violence in Central America and the Caribbean (2018), and Politics and History of Crime and Violence in Central America (2017).
Wolfgang Streeck has written extensively on comparative political economy and institutional theory. In this book he addresses some of the key issues in this field: the role of history in institutional analysis, the dynamics of slow institutional change, the limitations of rational design and economic-functionalist explanations of institutional stability, and the recurrent difficulties of restraining the effects of capitalism on social order. In the classification of the 'Varieties of Capitalism' school, Germany has always been taken as the chief exemplar of a 'European', coordinated market economy. Streeck explores to what extent Germany actually conforms to this description. His argument is supported by original empirical research on wage-setting and wage structure, the organization of business and labor in business associations and trade unions, social policy, public finance, and corporate governance. From this evidence, Bringing Capitalism Back In traces the current liberalization of the postwar economy of democratic capitalism by means of an historically-grounded approach to institutional change. This is an important book in comparative political economy and key reading across the social sciences for academics, researchers, and advanced students of Political Economy, Sociology, comparative business systems.
Business and Society by Kean Birch,Mark Peacock,Richard Wellen,Caroline Hossein,Sonya Scott,Alberto Salazar Pdf
Corporations dominate our societies. They employ us, sell to us and influence how we think and who we vote for, while their economic interests dictate local, national and global agendas. Written in clear and accessible terms, this much-needed textbook provides critical perspectives on all aspects of the relationship between business and society: from an historical analysis of the spread of capitalism as the foundation of the 'corporate' revolution in the late nineteenth century to the regulation, ethics and exclusionary implications of business in contemporary society. Furthermore, it examines how corporate power and capitalism might be resisted, outlining a range of alternatives, from the social economy through to new forms of open access or commons ownership.
