There is much discussion in contemporary international relations about global governance but where did this idea originate, what are its intellectual antecedents and does it have a realistic future? This book is a concise yet comprehensive account of the intellectual history of world government up to the present day.
In these ground-breaking essays, James A. Yunker issues a powerful challenge to conventional thinking on world government. Based on an innovative plan for a limited world government tentatively designated the “Federal Union of Democratic Nations,” this book envisions a legitimate world government a quantum leap beyond the United Nations of today. The Federal Union proposed would operate under some key restraints, such as a dual voting system in the world legislature, and two key reserved rights of the member nations: to withdraw from the Federal Union at their own unilateral discretion, and to maintain independent control over whatever military forces they feel are necessary to their national security. Yunker demonstrates how these restraints would minimize the possibility that the world government would result in such adverse outcomes as global tyranny, bureaucratic overload, or cultural homogenization.
This book blends real-world history, intellectual history, and personal history into a compelling case for a new way of thinking about such highly controversial—and highly misunderstood—concepts as market socialism, a Global Marshall Plan, and world government. It argues that, if properly designed according to clear and specific blueprints, all three of these possibilities would indeed greatly benefit humanity if they were fully implemented. The book puts a human face on these proposals by documenting their origin and development through a detailed account of the author’s professional efforts over a long and productive academic career. This story of steadfast determination in the face of steep odds will resonate deeply with every person who has nourished a vision that is commonly dismissed as excessively idealistic and unrealistic.
This title was first published in 2001. Spanning a quarter of a century, this collection makes conveniently accessible 14 of Yunker’s thorough and highly illuminating contributions to the literature on market socialism.
Capitalism versus Pragmatic Market Socialism: A General Equilibrium Evaluation contains important contributions both to general economic theory and to the evaluation of potential market socialist economic systems. As a contribution to economic theory, the general equilibrium model utilized in the research introduces the concept of `capital management effort' as a third primary factor of production (in addition to labor and saving) provided by private households. Capital management effort represents such things as corporate supervision, investment analysis, entrepreneurship, and related activity by the household which is intended to increase the rate of return on its capital wealth. As a contribution to the evaluation of market socialism, this research sheds powerful illumination on the potential performance of a specific variant of market socialism known as `pragmatic market socialism'. Pragmatic market socialism is a plan of market socialism designed to work `almost exactly' like contemporary capitalism. The key differences would be the enforcement of a profit incentive on the publicly owned corporations by an agency designated the Bureau of Public Ownership, and the distribution of the preponderance of capital property return produced by the publicly owned corporations as a social dividend supplement to the household's wage and salary income. The analysis reported in this book shows precisely under what conditions pragmatic market socialism would perform better than capitalism, and under what conditions the opposite would be true. The fundamental implication forthcoming from the research is that the potential performance of pragmatic market socialism relative to capitalism is an empirical rather than a theoretical question.
Today’s foreign aid programs are small-scale because of the widespread belief that they are ineffective. This could be an example of a self-fulfilling prophecy: small scale virtually guarantees ineffectiveness. However, the pervasive contemporary pessimism regarding global economic inequality is most likely unfounded. The research described in this book suggests that a properly designed and sufficiently massive economic development assistance project—a Global Marshall Plan—could tremendously reduce the economic gap between the richest and poorest nations within a 50-year planning period. Enrichment of the poor nations would not entail impoverishment of the rich nations. The actual cost of the GMP program to the populations of the rich nations would be a very slight and virtually unnoticeable reduction in the rate of growth of their living standards. The model incorporates features suggested by the skeptical literature on foreign aid, and it is shown that if certain key parameter values are sufficiently adverse, the GMP would indeed be ineffective. However, extensive sensitivity analysis demonstrates that the optimistic benchmark results are robust against wide variations in the numerical values of most model parameters. The fundamental policy implication of this research is that only an actual real-world experiment with a Global Marshall Plan could reliably determine whether or not it would be successful.
This title was first published in 2001. Spanning a quarter of a century, this collection makes conveniently accessible 14 of Yunker’s thorough and highly illuminating contributions to the literature on market socialism.
In these ground-breaking essays, James A. Yunker issues a powerful challenge to conventional thinking on world government. Based on an innovative plan for a limited world government tentatively designated the “Federal Union of Democratic Nations,” this book envisions a legitimate world government a quantum leap beyond the United Nations of today. The Federal Union proposed would operate under some key restraints, such as a dual voting system in the world legislature, and two key reserved rights of the member nations: to withdraw from the Federal Union at their own unilateral discretion, and to maintain independent control over whatever military forces they feel are necessary to their national security. Yunker demonstrates how these restraints would minimize the possibility that the world government would result in such adverse outcomes as global tyranny, bureaucratic overload, or cultural homogenization.
There is much discussion in contemporary international relations about global governance but where did this idea originate, what are its intellectual antecedents and does it have a realistic future? This book is a concise yet comprehensive account of the intellectual history of world government up to the present day.
Today’s foreign aid programs are small-scale because of the widespread belief that they are ineffective. This could be an example of a self-fulfilling prophecy: small scale virtually guarantees ineffectiveness. However, the pervasive contemporary pessimism regarding global economic inequality is most likely unfounded. The research described in this book suggests that a properly designed and sufficiently massive economic development assistance project—a Global Marshall Plan—could tremendously reduce the economic gap between the richest and poorest nations within a 50-year planning period. Enrichment of the poor nations would not entail impoverishment of the rich nations. The actual cost of the GMP program to the populations of the rich nations would be a very slight and virtually unnoticeable reduction in the rate of growth of their living standards. The model incorporates features suggested by the skeptical literature on foreign aid, and it is shown that if certain key parameter values are sufficiently adverse, the GMP would indeed be ineffective. However, extensive sensitivity analysis demonstrates that the optimistic benchmark results are robust against wide variations in the numerical values of most model parameters. The fundamental policy implication of this research is that only an actual real-world experiment with a Global Marshall Plan could reliably determine whether or not it would be successful.
Evolutionary World Government illuminates a plausible, evolutionary route toward global economic progress and political unification, toward a level of peace, prosperity and security that can only be imagined today.
This book describes, evaluates, and advocates for, sweeping changes in our global economic and political structure to ensure the prospects of global human civilization as we confront an uncertain future. It argues both for the Marshall Plan and for a limited federal world government to replace the quasi-anarchic international regime of today.
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