This book examines how contemporary financial economy evolved as the predominant economic system, and why unabated accumulation of financial capital takes place in such systems. It reviews the mechanics of accumulation of wealth by tracing the historical roots of financial capital. Traversing the evolutions of capitalist systems since the 1850s till recent times, Financial Economy provides a lucid and logical explanation of the phenomenon. It uses a new methodology based on economic circuit of stocks and flows following the early ideas of the French economists of the 18th century and the contemporary Circuit school. It provides an alternative framework for studying economic systems design, keeping aside the orthodox neoclassical analysis of equilibrium market exchange. Further, it highlights the global financial circuit, the state of the current digitalised economy with electronic money transfers, consumer’s decision-making and expected future earnings, and questions the relevance of some fundamental concepts of economics as well as economic policies. Using a notion of sequential economy, it also shows how present economic activities are treading upon the future. This book will interest students and researchers of advanced macroeconomics, political economy, heterodox economics, economic history, and evolutionary economics. The historical account of the evolutions of capital, interest, and corporate structures will also be of interest to general readers.
The Pro-Incumbency Century: How Leaders Are Fashioning Repeat Mandates in India - Yashwant Deshmukh's Political Analysis: Exploring the Phenomenon of Pro-Incumbency in India
The Pro-Incumbency Century: How Leaders Are Fashioning Repeat Mandates in India - Yashwant Deshmukh's Political Analysis: Exploring the Phenomenon of Pro-Incumbency in India
The Pro-Incumbency Century: How Leaders Are Fashioning Repeat Mandates in India by Yashwant Deshmukh: Explore the dynamics of political leadership and governance in India with The Pro-Incumbency Century by Yashwant Deshmukh. In this insightful book, Deshmukh delves into the phenomenon of repeat mandates, where leaders secure consecutive electoral victories. Drawing on extensive research and case studies, he examines the factors, strategies, and public sentiments that contribute to political longevity, offering a compelling analysis of the changing landscape of Indian politics. Key Aspects of the Book The Pro-Incumbency Century: Political Leadership and Governance: The book provides a comprehensive analysis of political leadership and governance in India. Deshmukh explores the strategies employed by incumbent leaders to secure repeat mandates and examines their impact on policy implementation, public sentiment, and political stability. Factors Influencing Repeat Mandates: The author delves into the factors that contribute to pro-incumbency, such as economic performance, welfare programs, charismatic leadership, and effective communication. By examining these factors, Deshmukh offers insights into the changing preferences of Indian voters and the evolving dynamics of electoral politics. Case Studies and Research Analysis: The Pro-Incumbency Century presents case studies and research analysis of notable political leaders who have secured repeat mandates. Through a combination of data-driven insights and anecdotal evidence, Deshmukh provides readers with a nuanced understanding of the strategies and challenges faced by leaders aiming for long-term political success. Yashwant Deshmukh is a renowned political analyst, psephologist, and founder of a leading research organization in India. With his expertise in data-driven analysis and public opinion research, Deshmukh offers valuable insights into the complexities of Indian politics. The Pro-Incumbency Century reflects his deep understanding of political dynamics, providing readers with a comprehensive exploration of the factors that shape the success and longevity of leaders in contemporary Indian democracy.
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