front cover of Welfare for Markets
Welfare for Markets
A Global History of Basic Income
Anton Jäger and Daniel Zamora Vargas
University of Chicago Press, 2023

A sweeping intellectual history of the welfare state’s policy-in-waiting.

The idea of a government paying its citizens to keep them out of poverty—now known as basic income—is hardly new. Often dated as far back as ancient Rome, basic income’s modern conception truly emerged in the late nineteenth century. Yet as one of today’s most controversial proposals, it draws supporters from across the political spectrum.

In this eye-opening work, Anton Jäger and Daniel Zamora Vargas trace basic income from its rise in American and British policy debates following periods of economic tumult to its modern relationship with technopopulist figures in Silicon Valley. They chronicle how the idea first arose in the United States and Europe as a market-friendly alternative to the postwar welfare state and how interest in the policy has grown in the wake of the 2008 credit crisis and COVID-19 crash.

An incisive, comprehensive history, Welfare for Markets tells the story of how a fringe idea conceived in economics seminars went global, revealing the most significant shift in political culture since the end of the Cold War.

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Which Way Goes Capitalism?
In Search of Adequate Policies in a Dramatically Changing World
Daniel Daianu
Central European University Press, 2009
In this title, a well-known academic economist and former finance minister gives a lucid and well balanced overview of the current financial turbulences that have hit the developed economies. Strongly criticizing the excesses of neoliberal capitalism, Daianu calls for implementing necessary regulatory reforms in the financial sector and for restoration of a proper balance between the functions of the state and the market. Daianu goes back to some of the roots of the current crisis and the flaws or weaknesses of the global financial system. In doing so, he extensively discusses the monetary union of the Euro, and the critical question whether, how and when additional countries can and should join the club. This is a timely volume with a very strong and important warning.
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White-Collar Government
The Hidden Role of Class in Economic Policy Making
Nicholas Carnes
University of Chicago Press, 2013
Eight of the last twelve presidents were millionaires when they took office. Millionaires have a majority on the Supreme Court, and they also make up majorities in Congress, where a background in business or law is the norm and the average member has spent less than two percent of his or her adult life in a working-class job. Why is it that most politicians in America are so much better off than the people who elect them— and does the social class divide between citizens and their representatives matter?

With White-Collar Government, Nicholas Carnes answers this question with a resounding—and disturbing—yes. Legislators’ socioeconomic backgrounds, he shows, have a profound impact on both how they view the issues and the choices they make in office. Scant representation from among the working class almost guarantees that the policymaking process will be skewed toward outcomes that favor the upper class. It matters that the wealthiest Americans set the tax rates for the wealthy, that white-collar professionals choose the minimum wage for blue-collar workers, and that people who have always had health insurance decide whether or not to help those without. And while there is no one cause for this crisis of representation, Carnes shows that the problem does not stem from a lack of qualified candidates from among the working class. The solution, he argues, must involve a variety of changes, from the equalization of campaign funding to a shift in the types of candidates the parties support.

If we want a government for the people, we have to start working toward a government that is truly by the people. White-Collar Government challenges long-held notions about the causes of political inequality in the United States and speaks to enduring questions about representation and political accountability.

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Why Welfare States Persist
The Importance of Public Opinion in Democracies
Clem Brooks and Jeff Manza
University of Chicago Press, 2007

The world’s richer democracies all provide such public benefits as pensions and health care, but why are some far more generous than others? And why, in the face of globalization and fiscal pressures, has the welfare state not been replaced by another model? Reconsidering the myriad issues raised by such pressing questions, Clem Brooks and Jeff Manza contend here that public opinion has been an important, yet neglected, factor in shaping welfare states in recent decades.

Analyzing data on sixteen countries, Brooks and Manza find that the preferences of citizens profoundly influence the welfare policies of their governments and the behavior of politicians in office. Shaped by slow-moving forces such as social institutions and collective memories, these preferences have counteracted global pressures that many commentators assumed would lead to the welfare state’s demise. Moreover, Brooks and Manza show that cross-national differences in popular support help explain why Scandinavian social democracies offer so much more than liberal democracies such as the United States and the United Kingdom.

Significantly expanding our understanding of both public opinion and social policy in the world’s most developed countries, this landmark study will be essential reading for scholars of political economy, public opinion, and democratic theory.

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The Wolf Economy Awakens
Mongolia’s Fight for Democracy, and a Green and Digital Future
Johan Nylander
Hong Kong University Press, 2024
Discover why Mongolia may lead the future of Asia.

Mongolia, a vibrant democracy landlocked between Russia and China, stands on the edge of becoming Asia’s next boom nation—one of the richest countries per capita in the region. Referred to as the “wolf economy” for its vast natural resources (copper, gold, and rare earth metals), it is also home to a growing number of cutting-edge tech startups and international lifestyle brands. Its vast steppe landscape lends itself not only to herding and tourism but also to renewable energy production and filmmaking.

The Wolf Economy Awakens is about the individuals who are fighting to strengthen the country’s democracy and diversify its economy. It is about innovators aiming to realize Mongolia’s promise as a hub for green energy, tech and lifestyle entrepreneurs who are shaking up traditional industries, and go-getters who have left jobs on Wall Street to return to the country they love and help move it forward. Asia correspondent and award-winning author Johan Nylander travels across Mongolia to speak to the country’s leaders and innovators—not to mention a cast of digital nomads, jazz musicians, and ordinary families—and finds a nation ready to grasp a better future. Unlocking a country’s potential is never easy, but Mongolia stands every chance of becoming Asia’s next success story.
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World Development
An Introduction
Prodromos Panayiotopoulos
Pluto Press, 2001
Do the structures of the world economy invariably work against the interests of the Third World? What is the impact of industrialisation? How does it affect people and their livelihoods, gender relations, the environment, movements for social justice and democracy?

World Development offers answers to these questions. A comprehensive introductory guide for students, teachers, volunteers and NGO workers in development, World Development examines the substantive issues surrounding development, industrialisation and globalization and places them within a historic context. It outlines the historical development of the world economy and assesses the current prospects for developing countries. The book contains in-depth analyses of how particular industries operate at local and global levels, drawing from case studies on textiles, tourism and copper. There are also case studies of specific countries, including South Korea, Cyprus, Mexico, China and Spain.
 
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Wrestling with Starbucks
Conscience, Capital, Cappuccino
Fellner, Kim
Rutgers University Press, 2008
You can find a Starbucks coffeehouse almost anywhere, from Paris, France to Paducah, Kentucky, from the crowded streets of Thailand to shopping malls in Qatar. With nearly 200 of them in New York City alone, this coffee retail giant with humble beginnings has become an actor and icon in the global economy. As we sip our cappuccinos, frappuccinos, and our double half-caf venti low-fat mochaccinos, many of us wonder if Starbucks is a haven of civilization or a cultural predator, a good or bad employer, a fair trader or a global menace. In this entertaining and provocative ramble through Starbucks's ethos and actions, Kim Fellner asks how a coffeehouse chain with a liberal reputation came to symbolize, for some, the ills of globalization.

Armed with an open mind and a sense of humor, Fellner takes readers on an expedition into the muscle and soul of the coffee company. She finds a corporation filled with contradictions: between employee-friendly processes and anti-union practices; between an internationalist vision and a longing for global dominance; between community individuality and cultural hegemony. On a daily basis Starbucks walks a fine line. It must be profitable enough to please Wall Street and principled enough to please social justice advocates. Although observers might argue that the company has done well at achieving a balance, Starbucks's leaders run the risk of satisfying neither constituency and must constantly justify themselves to both.

Through the voices of Central American coffee farmers, officers at corporate headquarters, independent café owners, unionists, baristas, traders, global justice activists, and consumers, Fellner explores the forces that affect Starbucks's worth and worthiness. Along the way, she subjects her own unabashedly progressive perspective to scrutiny and emerges with a compelling and unexpected look at Starbucks, the global economy, our economic convictions, and the values behind our morning cup of joe.
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