States Against Markets
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States Against Markets
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Author : Robert Boyer
language : en
Publisher: Routledge
Release Date : 2005-08-15
States Against Markets written by Robert Boyer and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08-15 with Business & Economics categories.
This work challenges the popular view that globalization threatens the role of the nation-state in determining national policy. It examines the fundamental issue of competitiveness and market power in an increasingly borderless and co-dependent world. Despite this increased threat to the nation-state as an effective manager of the national economy, the authors argue that there are a number of options and alternatives open to governments to protect themselves from the global business cycle.
Capitalists Against Markets
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Author : Peter A. Swenson
language : en
Publisher: Oxford University Press
Release Date : 2002-09-26
Capitalists Against Markets written by Peter A. Swenson and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-26 with Political Science categories.
Conventional wisdom argues that welfare state builders in the US and Sweden in the 1930s took their cues from labor and labor movements. Swenson makes the startling argument that pragmatic social reformers looked for support not only from below but also from above, taking into account capitalist interests and preferences. Juxtaposing two widely recognized extremes of welfare, the US and Sweden, Swenson shows that employer interests played a role in welfare state development in both countries.
Capitalists Against Markets
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Author : Peter A. Swenson
language : en
Publisher:
Release Date : 2002
Capitalists Against Markets written by Peter A. Swenson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.
States Against Markets
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Author : Robert Boyer
language : en
Publisher: Routledge
Release Date : 2005-08-15
States Against Markets written by Robert Boyer and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08-15 with Business & Economics categories.
This work challenges the popular view that globalization threatens the role of the nation-state in determining national policy. It examines the fundamental issue of competitiveness and market power in an increasingly borderless and co-dependent world. Despite this increased threat to the nation-state as an effective manager of the national economy, the authors argue that there are a number of options and alternatives open to governments to protect themselves from the global business cycle.
Against The Current Privatization Water Markets And The State In Chile
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Author : Carl J. Bauer
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Against The Current Privatization Water Markets And The State In Chile written by Carl J. Bauer and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Science categories.
In 1981 Chile's military government dictated a new Water Code that radically changed the country's previous water rights system by strengthening private property rights, favoring market incentives, and reducing state regulation. Against the Current: Privatization, Water Markets, and the State in Chile is the first empirical and interdisciplinary study of water markets in Chile, which is the leading international example of free market water policies. Against the Current: Privatization, Water Markets, and the State in Chile challenges the glowing reports given by neoliberals in Chile and the World Bank, showing that the results of this economic experiment have actually been rather mixed. Within the agricultural sector the Water Code has worked fairly well, although the market incentives to conserve water have been ineffective and water rights trading has been less active than expected. The Code's impact has been more negative at the level of river basins, where the institutional framework has revealed critical flaws in coordinating multiple water users and resolving conflicts. Against the Current: Privatization, Water Markets, and the State in Chile combines law, political economy, and geography to analyze the disadvantages, problems, and wider contexts of water markets. This book will appeal to everyone interested in property rights, market-friendly environmental policies, the political economy of sustainable development, and the intersection of economics with law and institutions.
Market Against State About Relative Strength And Values
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Author : Michael Gabathuler
language : en
Publisher: GRIN Verlag
Release Date : 2014-02-19
Market Against State About Relative Strength And Values written by Michael Gabathuler and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-02-19 with Business & Economics categories.
Intermediate Examination Paper from the year 2013 in the subject Economics - Other, grade: 94/100, Donau-Universität Krems (Economics and Business Management), course: Social Innovation, language: English, abstract: In this review, I discuss the texts of Rothschild (2001), Stiglitz (2002), Judt (2010) and Bakker/Miller (1996) which deal with economic thinking in the broadest sense, and the role of market and state in particular. This review starts with the question what the intention of the different theoretical paradigms in economic thinking is. The three schools of economy, i.e. the neoclassical, Keynesian and political economy, follow diverse paradigms in order to explain the conditions under which markets work well and under which they do not. On the one hand, the three paradigms agree that the governments have a role in creating a framework for the economy. On the other hand, they disagree on the precise role of the state and the values that shape our opinion (see Stiglitz 2002: 219).
State Capitalism
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Author : Joshua Kurlantzick
language : en
Publisher: Oxford University Press
Release Date : 2016-03-08
State Capitalism written by Joshua Kurlantzick and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-08 with Political Science categories.
The end of the Cold War ushered in an age of American triumphalism best characterized by the "Washington Consensus:" the idea that free markets, democratic institutions, limitations on government involvement in the economy, and the rule of law were the foundations of prosperity and stability. The last fifteen years, starting with the Asian financial crisis, have seen the gradual erosion of that consensus. Many commentators have pointed to the emergence of a powerful new rival model: state capitalism. In state capitalist regimes, the government typically owns firms in strategic industries. Not beholden to private-sector shareholders, such firms are allowed to operate with razor-thin margins if the state deems them strategically important. China, soon to be the world's largest economy, is the best known state capitalist regime, but it is hardly the only one. In State Capitalism, Joshua Kurlantzick ranges across the world--China, Thailand, Brazil, Russia, South Africa, Turkey, and more--and argues that the increase in state capitalism across the globe has, on balance, contributed to a decline in democracy. He isolates some of the reasons for state capitalism's resurgence: the fact that globalization favors economies of scale in the most critical industries, and the widespread rejection of the Washington Consensus in the face of the problems that have plagued the world economy in recent years. That said, a number of democratic nations have embraced state capitalism, and in those regimes, state-backed firms like Brazil's Embraer have enjoyed considerable success. Kurlantzick highlights the mixed record and the evolving nature of the model, yet he is more concerned about the negative effects of state capitalism. When states control firms, whether in democratic or authoritarian regimes, the government increases its advantage over the rest of society. The combination of new technologies, the perceived failures of liberal economics and democracy in many developing nations, the rise of modern kinds of authoritarians, and the success of some of the best-known state capitalists have created an era ripe for state intervention. State Capitalism offers the sharpest analysis yet of what state capitalism's emergence means for democratic politics around the world.
The Third Pillar
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Author : Raghuram Rajan
language : en
Publisher: Penguin
Release Date : 2019-02-26
The Third Pillar written by Raghuram Rajan and has been published by Penguin this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-02-26 with Business & Economics categories.
Shortlisted for the Financial Times/McKinsey Business Book of the Year Award From one of the most important economic thinkers of our time, a brilliant and far-seeing analysis of the current populist backlash against globalization. Raghuram Rajan, distinguished University of Chicago professor, former IMF chief economist, head of India's central bank, and author of the 2010 FT-Goldman-Sachs Book of the Year Fault Lines, has an unparalleled vantage point onto the social and economic consequences of globalization and their ultimate effect on our politics. In The Third Pillar he offers up a magnificent big-picture framework for understanding how these three forces--the state, markets, and our communities--interact, why things begin to break down, and how we can find our way back to a more secure and stable plane. The "third pillar" of the title is the community we live in. Economists all too often understand their field as the relationship between markets and the state, and they leave squishy social issues for other people. That's not just myopic, Rajan argues; it's dangerous. All economics is actually socioeconomics - all markets are embedded in a web of human relations, values and norms. As he shows, throughout history, technological phase shifts have ripped the market out of those old webs and led to violent backlashes, and to what we now call populism. Eventually, a new equilibrium is reached, but it can be ugly and messy, especially if done wrong. Right now, we're doing it wrong. As markets scale up, the state scales up with it, concentrating economic and political power in flourishing central hubs and leaving the periphery to decompose, figuratively and even literally. Instead, Rajan offers a way to rethink the relationship between the market and civil society and argues for a return to strengthening and empowering local communities as an antidote to growing despair and unrest. Rajan is not a doctrinaire conservative, so his ultimate argument that decision-making has to be devolved to the grass roots or our democracy will continue to wither, is sure to be provocative. But even setting aside its solutions, The Third Pillar is a masterpiece of explication, a book that will be a classic of its kind for its offering of a wise, authoritative and humane explanation of the forces that have wrought such a sea change in our lives.
The Entrepreneurial State
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Author : Mariana Mazzucato
language : en
Publisher: Penguin
Release Date : 2024-02-06
The Entrepreneurial State written by Mariana Mazzucato and has been published by Penguin this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-06 with Business & Economics categories.
Award-winning economist Mariana Mazzucato’s famously incisive international bestseller debunking the pervasive myth of the inept state versus an innovative private sector—with a new preface by the author According to conventional wisdom, innovation is best left to the bold entrepreneurs of the private sector, and government should get out of the way. But what if that wasn't case? What if, from the inventions of Silicon Valley to medical breakthroughs, the public sector has actually been the most courageous and valuable risk-taker of all? Critically acclaimed and influential thinker and scholar Mariana Mazzucato argues comprehensively against the myth of a lumbering, bureaucratic state versus a dynamic, innovative private sector with remarkable original and deep research. In a series of case studies—from nanotechnology to the emerging green tech of today—Mazzucato reveals that the opposite is true: the private sector only finds the courage to invest after an entrepreneurial state has made the high-risk investments. The Entrepreneurial State reveals how every technology that makes the iPhone so “smart” was actually funded by the government—from the Internet and GPS technology, to touch-screen displays and voice-activated Siri. In the history of modern capitalism, the State has not only fixed market failures, but has also actively shaped and created markets. In doing so, it sometimes wins and sometimes fails. Yet by not admitting the State’s role in active risk taking, we've created an "innovation system" where the public sector socializes risks while privatizing reward, as Mazzucato controversially argues. This bold and provocative book considers how we adopted this dysfunctional dynamic, and then how we can overcome it so that economic growth can be not only "smart" but "inclusive" as well.
The Limits Of The Market
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Author : Paul de Grauwe
language : en
Publisher:
Release Date : 2017
The Limits Of The Market written by Paul de Grauwe and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
The old discussion about 'Market or State' is obsolete. There will always have to be a mix of market and state. The only relevant question is what that mix should look like. How far do we have to let the market go its own way in order to create as much welfare possible for everyone? What is the responsibility of the government in creating welfare? These are difficult questions. But they are also the only interesting questions. That is why they are analysed in this book. The desired mix of market and state is anything but easy to bring about. It is a difficult and sometimes destructive process that is constantly in motion. There are periods in history in which the market gains in importance. During other periods the opposite occurs and the government is everywhere more dominant. The turning points in this pendulum swing typically seem to coincide with disruptive events that test the limits of market and state. Why we experience this dynamic is an important theme in this book. Will the market, which today is allocated a greater and greater role thanks to globalization, run up against its limits? Or do the financial crisis and growing income inequality show that we have already reached those limits? Do we have to brace ourselves for a rejection of the capitalist system? Are we returning to an economy in which the government is running the show? These are important questions this book seeks to answer.