Howard Sherman and William M. Dugger engage in a dialogue on social evolution from Institutionalist and Marxist perspectives, each representing one side. Together they explore the way society develops using the equally radical, but very different approaches of Thorstein Veblen and Karl Marx.
Most principles of economics texts are predicated narrowly on the concept of scarcity as a fundamental force, but that is only one aspect of economics. This supplemental text for basic and intermediate level undergraduates provides a serious discussion of the concept of abundance - what it means, how we can move toward it, and what keeps us from doing so. The authors first outline the development of the concept of abundance and its meaning with discussions of the roles of population, resources, and the environment. Then they consider why abundance escapes us, focusing on the detrimental roles of four predatory behaviors - classism, nationalism, sexism, and racism. As a remedy, they propose a policy of universal employment as a replacement for full employment, and explore the effects of pushing the unemployment rate down to absolute zero.
These essays in the purest tradition of political economy consider three major themes from the multiple relationships between the state and the economy: duality, myth, and crisis. The state is a complex mix of dualisms: the welfare versus the warfare state; the agency of both social integration and exploitation; and public versus private institutions. The editors aim to distinguish true from false dualisms. Myths in modern society are important as they enables whites to dominate blacks, men to dominate women, warplanners to dominate peacemakers, the rich to dominate the poor. The editors consider the myth that the state and the market are separate, the state as a single, monolithic structure, and that we can all identify and share in a national interest. The crisis of the state is the third major theme. The state is in crisis, because we have no fully-developed theory of the state, because its welfare and warfare functions are undergoing profound change. The essays are all written from the point of view of radical institutionalism and emphasise the need for increased participation in the policymaking and policy evaluating processes of the state.
Comprises a collection of essays on institutional economics from the point of view of a dissenting institutional economist. Traces the development of institutional economics, examines its relation to mainstream neoclassical economics and describes the theoretical foundations and methodology. Explores the increasing power of the corporation in the economy and society and investigates approaches to economic planning which turn away from corporatism and toward greater economic democracy.
Radical institutionalism—a processual paradigm focused on changing the direction of cultural evolution and the function of social provisioning in order to promote the full participation of all—defines inequality as evolving from class exploitation, gender domination, race discrimination, and national predation. Radical institutionalism states that inequality is not determined by genetic differences between groups, innate differences between sexes, or class differences. It is believed that mainstream thinking in economics and related studies is not broad enough to capture the complexity of this social pathology.
Howard Sherman and William M. Dugger engage in a dialogue on social evolution from Institutionalist and Marxist perspectives, each representing one side. Together they explore the way society develops using the equally radical, but very different approaches of Thorstein Veblen and Karl Marx.
These essays in the purest tradition of political economy consider three major themes from the multiple relationships between the state and the economy: duality, myth, and crisis. The state is a complex mix of dualisms: the welfare versus the warfare state; the agency of both social integration and exploitation; and public versus private institutions. The editors aim to distinguish true from false dualisms. Myths in modern society are important as they enables whites to dominate blacks, men to dominate women, warplanners to dominate peacemakers, the rich to dominate the poor. The editors consider the myth that the state and the market are separate, the state as a single, monolithic structure, and that we can all identify and share in a national interest. The crisis of the state is the third major theme. The state is in crisis, because we have no fully-developed theory of the state, because its welfare and warfare functions are undergoing profound change. The essays are all written from the point of view of radical institutionalism and emphasise the need for increased participation in the policymaking and policy evaluating processes of the state.
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