The Myth Of The Free Market

The Myth Of The Free Market Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of The Myth Of The Free Market book. This book definitely worth reading, it is an incredibly well-written.

The Illusion of Free Markets

Bernard E. Harcourt
The Illusion of Free Markets Book PDF

Author : Bernard E. Harcourt
Publisher : Harvard University Press
Page : 337 pages
File Size : 50,7 Mb
Release : 2012-11-12
Category : Business & Economics
ISBN : 9780674971325

Get Book

The Illusion of Free Markets by Bernard E. Harcourt Pdf

It is widely believed today that the free market is the best mechanism ever invented to efficiently allocate resources in society. Just as fundamental as faith in the free market is the belief that government has a legitimate and competent role in policing and the punishment arena. This curious incendiary combination of free market efficiency and the Big Brother state has become seemingly obvious, but it hinges on the illusion of a supposedly natural order in the economic realm. The Illusion of Free Markets argues that our faith in “free markets” has severely distorted American politics and punishment practices. Bernard Harcourt traces the birth of the idea of natural order to eighteenth-century economic thought and reveals its gradual evolution through the Chicago School of economics and ultimately into today’s myth of the free market. The modern category of “liberty” emerged in reaction to an earlier, integrated vision of punishment and public economy, known in the eighteenth century as “police.” This development shaped the dominant belief today that competitive markets are inherently efficient and should be sharply demarcated from a government-run penal sphere. This modern vision rests on a simple but devastating illusion. Superimposing the political categories of “freedom” or “discipline” on forms of market organization has the unfortunate effect of obscuring rather than enlightening. It obscures by making both the free market and the prison system seem natural and necessary. In the process, it facilitated the birth of the penitentiary system in the nineteenth century and its ultimate culmination into mass incarceration today.

The Myth of the Free Market

Mark Anthony Martinez
The Myth of the Free Market Book PDF

Author : Mark Anthony Martinez
Publisher : Kumarian Press
Page : 338 pages
File Size : 52,6 Mb
Release : 2009
Category : Business & Economics
ISBN : 9781565492677

Get Book

The Myth of the Free Market by Mark Anthony Martinez Pdf

* Explains how the 2008 financial meltdown came about and how to revitalize global and domestic economies * Shows how capitalist economies developed and why the state matters in their functioning Free market purists claim that the state is an inefficient institution that does little for society beyond providing stability and protection. The activities related to distributing resources and economic growth, they say, are better left to the invisible hand of the marketplace. These notions now seem tragically misguided in the wake of the 2008 market collapse and bailout. Mark Martinez describes how the flawed myth of the "invisible hand" distorted our understanding of how modern capitalist markets developed and actually work. Martinez draws from history to illustrate that political processes and the state are not only instrumental in making capitalist markets work but that there would be no capitalist markets or wealth creation without state intervention. He brings his story up to the present day to show how the seeds of an unprecedented government intervention in the financial markets were sown in past actions. The Myth of the Free Market is a fascinating and accessible introduction to comparative economic systems as well as an incisive refutation of the standard mantras of neoclassical free market economic theory.

The Myth of Capitalism

Jonathan Tepper
The Myth of Capitalism Book PDF

Author : Jonathan Tepper
Publisher : John Wiley & Sons
Page : 349 pages
File Size : 47,7 Mb
Release : 2023-04-25
Category : Business & Economics
ISBN : 9781394184064

Get Book

The Myth of Capitalism by Jonathan Tepper Pdf

The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.

Business Organization and the Myth of the Market Economy

William Lazonick
Business Organization and the Myth of the Market Economy Book PDF

Author : William Lazonick
Publisher : Cambridge University Press
Page : 392 pages
File Size : 54,6 Mb
Release : 1993-05-28
Category : Business & Economics
ISBN : 0521447887

Get Book

Business Organization and the Myth of the Market Economy by William Lazonick Pdf

Explains the transitions in twentieth-century industrial leadership in terms of changing business investment strategies and organizational structures.

Globalization and the Myths of Free Trade

Anwar Shaikh
Globalization and the Myths of Free Trade Book PDF

Author : Anwar Shaikh
Publisher : Routledge
Page : 326 pages
File Size : 50,7 Mb
Release : 2007-01-24
Category : Business & Economics
ISBN : 9781135986957

Get Book

Globalization and the Myths of Free Trade by Anwar Shaikh Pdf

Written by an international team of contributors this book is a critical examination of the ongoing enterprise of neoliberalism; its history, theory, practice, and most of all, of its outcomes.

Authoritarian Neoliberalism

Ian Bruff,Cemal Burak Tansel
Authoritarian Neoliberalism Book PDF

Author : Ian Bruff,Cemal Burak Tansel
Publisher : Routledge
Page : 232 pages
File Size : 50,9 Mb
Release : 2020-06-09
Category : Business & Economics
ISBN : 9781000712469

Get Book

Authoritarian Neoliberalism by Ian Bruff,Cemal Burak Tansel Pdf

Authoritarian Neoliberalism explores how neoliberal forms of managing capitalism are challenging democratic governance at local, national and international levels. Identifying a spectrum of policies and practices that seek to reproduce neoliberalism and shield it from popular and democratic contestation, contributors provide original case studies that investigate the legal-administrative, social, coercive and corporate dimensions of authoritarian neoliberalism across the global North and South. They detail the crisis-ridden intertwinement of authoritarian statecraft and neoliberal reforms, and trace the transformation of key societal sites in capitalism (e.g. states, households, workplaces, urban spaces) through uneven yet cumulative processes of neoliberalization. Informed by innovative conceptual and methodological approaches, Authoritarian Neoliberalism uncovers how inequalities of power are produced and reproduced in capitalist societies, and highlights how alternatives to neoliberalism can be formulated and pursued. The book was originally published as a special issue of Globalizations.

23 Things They Don't Tell You about Capitalism

Ha-Joon Chang
23 Things They Don t Tell You about Capitalism Book PDF

Author : Ha-Joon Chang
Publisher : Bloomsbury Publishing USA
Page : 305 pages
File Size : 55,6 Mb
Release : 2011-01-02
Category : Business & Economics
ISBN : 9781608193585

Get Book

23 Things They Don't Tell You about Capitalism by Ha-Joon Chang Pdf

INTERNATIONAL BESTSELLER "For anyone who wants to understand capitalism not as economists or politicians have pictured it but as it actually operates, this book will be invaluable."-Observer (UK) If you've wondered how we did not see the economic collapse coming, Ha-Joon Chang knows the answer: We didn't ask what they didn't tell us about capitalism. This is a lighthearted book with a serious purpose: to question the assumptions behind the dogma and sheer hype that the dominant school of neoliberal economists-the apostles of the freemarket-have spun since the Age of Reagan. Chang, the author of the international bestseller Bad Samaritans, is one of the world's most respected economists, a voice of sanity-and wit-in the tradition of John Kenneth Galbraith and Joseph Stiglitz. 23 Things They Don't Tell You About Capitalism equips readers with an understanding of how global capitalism works-and doesn't. In his final chapter, "How to Rebuild the World," Chang offers a vision of how we can shape capitalism to humane ends, instead of becoming slaves of the market.

The Myth of the Rational Market

Justin Fox
The Myth of the Rational Market Book PDF

Author : Justin Fox
Publisher : Harper Collins
Page : 386 pages
File Size : 46,7 Mb
Release : 2009-06-02
Category : Business & Economics
ISBN : 9780061885709

Get Book

The Myth of the Rational Market by Justin Fox Pdf

“Do we really need yet another book about the financial crisis? Yes, we do—because this one is different….A must-read for anyone who wants to understand the mess we’re in.” —Paul Krugman, New York Times Book Review “Fox makes business history thrilling.” —St. Louis Post-Dispatch A lively history of ideas, The Myth of the Rational Market by former Time Magazine economics columnist Justin Fox, describes with insight and wit the rise and fall of the world’s most influential investing idea: the efficient markets theory. Both a New York Times bestseller and Notable Book of the Year—longlisted for the Financial Times Business Book of the Year Award and named one of Library Journal Best Business Books of the Year—The Myth of the Rational Market carries readers from the earliest days of Wall Street to the current financial crisis, debunking the long-held myth that the stock market is always right in the process while intelligently exploring the replacement theory of behavioral economics.

Liberalism at Large

Alexander Zevin
Liberalism at Large Book PDF

Author : Alexander Zevin
Publisher : Verso Books
Page : 545 pages
File Size : 43,8 Mb
Release : 2021-03-23
Category : Political Science
ISBN : 9781788739627

Get Book

Liberalism at Large by Alexander Zevin Pdf

The path-breaking history of modern liberalism told through the pages of one of its most zealous supporters In this landmark book, Alexander Zevin looks at the development of modern liberalism by examining the long history of the Economist newspaper, which, since 1843, has been the most tireless—and internationally influential—champion of the liberal cause anywhere in the world. But what exactly is liberalism, and how has its message evolved? Liberalism at Large examines a political ideology on the move as it confronts the challenges that classical doctrine left unresolved: the rise of democracy, the expansion of empire, the ascendancy of high finance. Contact with such momentous forces was never going to leave the proponents of liberal values unchanged. Zevin holds a mirror to the politics—and personalities—of Economist editors past and present, from Victorian banker-essayists James Wilson and Walter Bagehot to latter-day eminences Bill Emmott and Zanny Minton Beddoes. Today, neither economic crisis at home nor permanent warfare abroad has dimmed the Economist’s belief in unfettered markets, limited government, and a free hand for the West. Confidante to the powerful, emissary for the financial sector, portal onto international affairs, the bestselling newsweekly shapes the world its readers—as well as everyone else—inhabit. This is the first critical biography of one of the architects of a liberal world order now under increasing strain.

The Financial Crisis and the Free Market Cure: Why Pure Capitalism is the World Economy's Only Hope

John A. Allison
The Financial Crisis and the Free Market Cure Why Pure Capitalism is the World Economy s Only Hope Book PDF

Author : John A. Allison
Publisher : McGraw Hill Professional
Page : 320 pages
File Size : 53,5 Mb
Release : 2012-09-21
Category : Business & Economics
ISBN : 9780071806787

Get Book

The Financial Crisis and the Free Market Cure: Why Pure Capitalism is the World Economy's Only Hope by John A. Allison Pdf

The #1 Wall Street Journal Bestseller “Required reading. . . . Shows how our economic crisis was a failure, not of the free market, but of government.” —Charles Koch, Chairman and CEO, Koch Industries, Inc. Did Wall Street cause the mess we are in? Should Washington place stronger regulations on the entire financial industry? Can we lower unemployment rates by controlling the free market? The answer is NO. Not only is free market capitalism good for the economy, says industry expert John Allison, it is our only hope for recovery. As the nation’s longest-serving CEO of a top-25 financial institution, Allison has had a unique inside view of the events leading up to the financial crisis. He has seen the direct effect of government incentives on the real estate market. He has seen how government regulations only make matters worse. And now, in this controversial wake-up call of a book, he has given us a solution. The national bestselling The Financial Crisis and the Free Market Cure reveals: Why regulation is bad for the market—and for the world What we can do to promote a healthy free market How we can help end unemployment in America The truth about TARP and the bailouts How Washington can help Wall Street build a better future for everyone With shrewd insight, alarming insider details, and practical advice for today’s leaders, this electrifying analysis is nothing less than a call to arms for a nation on the brink. You’ll learn how government incentives helped blow up the real estate bubble to unsustainable proportions, how financial tools such as derivatives have been wrongly blamed for the crash, and how Congress fails to understand it should not try to control the market—and then completely mismanages it when it tries. In the end, you’ll understand why it’s so important to put “free” back in free market. It’s time for America to accept the truth: the government can’t fix the economy because the government wrecked the economy. This book gives us the tools, the inspiration—and the cure.

Big Is Beautiful

Robert D. Atkinson,Michael Lind
Big Is Beautiful Book PDF

Author : Robert D. Atkinson,Michael Lind
Publisher : MIT Press
Page : 368 pages
File Size : 47,6 Mb
Release : 2018-03-30
Category : Business & Economics
ISBN : 9780262345675

Get Book

Big Is Beautiful by Robert D. Atkinson,Michael Lind Pdf

Why small business is not the basis of American prosperity, not the foundation of American democracy, and not the champion of job creation. In this provocative book, Robert Atkinson and Michael Lind argue that small business is not, as is widely claimed, the basis of American prosperity. Small business is not responsible for most of the country's job creation and innovation. American democracy does not depend on the existence of brave bands of self-employed citizens. Small businesses are not systematically discriminated against by government policy makers. Rather, Atkinson and Lind argue, small businesses are not the font of jobs, because most small businesses fail. The only kind of small firm that contributes to technological innovation is the technological start-up, and its success depends on scaling up. The idea that self-employed citizens are the foundation of democracy is a relic of Jeffersonian dreams of an agrarian society. And governments, motivated by a confused mix of populist and free market ideology, in fact go out of their way to promote small business. Every modern president has sung the praises of small business, and every modern president, according to Atkinson and Lind, has been wrong. Pointing to the advantages of scale for job creation, productivity, innovation, and virtually all other economic benefits, Atkinson and Lind argue for a “size neutral” policy approach both in the United States and around the world that would encourage growth rather than enshrine an anachronism. If we overthrow the “small is beautiful” ideology, we will be able to recognize large firms as the engines of progress and prosperity that they are.

The Great Reversal

Thomas Philippon
The Great Reversal Book PDF

Author : Thomas Philippon
Publisher : Belknap Press
Page : 361 pages
File Size : 55,9 Mb
Release : 2019
Category : Business & Economics
ISBN : 9780674237544

Get Book

The Great Reversal by Thomas Philippon Pdf

American markets, once a model for the world, are giving up on competition. Thomas Philippon blames the unchecked efforts of corporate lobbyists. Instead of earning profits by investing and innovating, powerful firms use political pressure to secure their advantages. The result is less efficient markets, leading to higher prices and lower wages.

America's Free Market Myths

Joseph Shaanan
America s Free Market Myths Book PDF

Author : Joseph Shaanan
Publisher : Springer
Page : 303 pages
File Size : 49,7 Mb
Release : 2017-05-26
Category : Political Science
ISBN : 9783319506364

Get Book

America's Free Market Myths by Joseph Shaanan Pdf

This book describes and refutes thirteen ideas involving free market principles and the US economic system, arguing that these (mostly familiar) ideas are myths. The myths are deeply ingrained in the United States' self-image and in political discourse, and are hailed as indisputable, scientifically grounded truths. Unfortunately, an economy dominated by giant corporations bears little resemblance to a free market. So why is so much effort and expense devoted to disseminating these stories? The answer is simple. The different myths generate the recommendation that the system's rewards should flow upward to corporations and a small group of wealthy and politically influential people. The myths help entrench existing economic and political power while distancing America from a more productive and widely beneficial form of capitalism.

Free Markets and Social Justice

Cass R. Sunstein
Free Markets and Social Justice Book PDF

Author : Cass R. Sunstein
Publisher : Oxford University Press
Page : 416 pages
File Size : 55,8 Mb
Release : 1999-03-18
Category : Political Science
ISBN : 9780195356175

Get Book

Free Markets and Social Justice by Cass R. Sunstein Pdf

The newest work from one of the most preeminent voices writing in the legal/political arena today, this important book presents a new conception of the relationship between free markets and social justice. The work begins with foundations--the appropriate role of existing "preferences," the importance of social norms, the question whether human goods are commensurable, and issues of distributional equity. Continuing with rights, the work shows that markets have only a partial but instrumental role in the protection of rights. The book concludes with a discussion on regulation, developing approaches that would promote both economic and democratic goals, especially in the context of risks to life and health. Free Markets and Social Justice develops seven basic themes during its discussion: the myth of laissez-faire; preference formation and social norms; the contextual character of choice; the importance of fair distribution; the diversity of human goods; how law can shape preferences; and the puzzles of human rationality. As the latest word from an internationally-renowned writer, this work will raise a number of important questions about economic analysis of law in its conventional form.

The Myth of Progress

Tom Wessels
The Myth of Progress Book PDF

Author : Tom Wessels
Publisher : UPNE
Page : 175 pages
File Size : 55,6 Mb
Release : 2013-04-09
Category : Science
ISBN : 9781611684643

Get Book

The Myth of Progress by Tom Wessels Pdf

A provocative critique of Western progress from a scientific perspective