Panic in Paradise is a comprehensive study of bank loan failures during the Florida land boom of the mid-1920s, during the years preceding the stock market crash of 1929. Florida and Georgia experienced a banking panic in 1926 when, in a ten-day period in July, after uncontrollable depositor runs, 117 banks closed in the two states. Uninsured depositors lost millions, and several suicides followed the financial havoc. This volume makes use of banking records that were legally sealed for almost 70 years and provides a shocking story of professional corruption and conspiracy.
"An extraordinary and unusual book that makes an important contribution to our understanding of banking history and the general economic history oof the 1920s. The banking collapse in the Southeast is virtually unknown, even to specialists in banking and financial history. No one who is interested in the banking history of the United States will want to miss this book." -- Eugene N. White, Rutgers University
"An exhaustively researched pioneering study; brilliant investigative reporting." -- Jack Blicksilver, Georgia State University
Understanding paras as key players in Black and Latino struggles for jobs and freedom, Nick Juravich details how the first generation of paras in New York City transformed work in public schools and the relationships between schools and the communities they served. Paraprofessional programs created hundreds of thousands of jobs in working-class Black and Latino neighborhoods. These programs became an important pipeline for the training of Black and Latino teachers in the1970s and early 1980s while paras’ organizing helped drive the expansion and integration of public sector unions.
An engaging portrait of an invisible profession, Para Power examines the lives and practices of the first generation of paraprofessional educators against the backdrop of struggles for justice, equality, and self-determination.
Using a framework of online connection and disconnection, The Paradox of Connection examines how journalists’ practices are formed, negotiated, and maintained in dynamic social media environments. The interactions of journalists with the technological, social, and cultural features of online and social media environments have shaped new values and competencies--and the combination of these factors influence online work practices. Merging case studies with analysis, the authors show how the tactics of online connection and disconnection interact with the complex realities of working in today’s media environments. The result is an insightful portrait of fast-changing journalistic practices and their implications for both audiences and professional identities and norms.
An innovative history of the fashion industry, focusing on the connections between Paris and New York, art and finance, and design and manufacturing.
Fashion is one of the most dynamic industries in the world, with an annual retail value of $3 trillion and globally recognized icons like Coco Chanel, Christian Dior, and Yves Saint Laurent. How did this industry generate such economic and symbolic capital?
Focusing on the roles of entrepreneurs, designers, and institutions in fashion’s two most important twentieth-century centers, Paris to New York tells the history of the industry as a negotiation between art and commerce. In the late nineteenth century, Paris-based firms set the tone for a global fashion culture nurtured by artistic visionaries. In the burgeoning New York industry, however, the focus was on mass production. American buyers, trend scouts, and designers crossed the Atlantic to attend couture openings, where they were inspired by, and often accused of counterfeiting, designs made in Paris. For their part, Paris couturiers traveled to New York to understand what American consumers wanted and to make deals with local manufacturers for whom they designed exclusive garments and accessories. The cooperation and competition between the two continents transformed the fashion industry in the early and mid-twentieth century, producing a hybrid of art and commodity.
Véronique Pouillard shows how the Paris–New York connection gave way in the 1960s to a network of widely distributed design and manufacturing centers. Since then, fashion has diversified. Tastes are no longer set by elites alone, but come from the street and from countercultures, and the business of fashion has transformed into a global enterprise.
In 1961 South Korea was mired in poverty. By 1979 it had a powerful industrial economy and a vibrant civil society in the making, which would lead to a democratic breakthrough eight years later. The transformation took place during the years of Park Chung Hee's presidency. Park seized power in a coup in 1961 and ruled as a virtual dictator until his assassination in October 1979. He is credited with modernizing South Korea, but at a huge political and social cost.
South Korea's political landscape under Park defies easy categorization. The state was predatory yet technocratic, reform-minded yet quick to crack down on dissidents in the name of political order. The nation was balanced uneasily between opposition forces calling for democratic reforms and the Park government's obsession with economic growth. The chaebol (a powerful conglomerate of multinationals based in South Korea) received massive government support to pioneer new growth industries, even as a nationwide campaign of economic shock therapy-interest hikes, devaluation, and wage cuts-met strong public resistance and caused considerable hardship.
This landmark volume examines South Korea's era of development as a study in the complex politics of modernization. Drawing on an extraordinary range of sources in both English and Korean, these essays recover and contextualize many of the ambiguities in South Korea's trajectory from poverty to a sustainable high rate of economic growth.
The steady expansion of college enrollment rates over the last generation has been heralded as a major step toward reducing chronic economic disparities. But many of the policies that broadened access to higher education—including affirmative action, open admissions, and need-based financial aid—have come under attack in recent years by critics alleging that schools are admitting unqualified students who are unlikely to benefit from a college education. In Passing the Torch, Paul Attewell, David Lavin, Thurston Domina, and Tania Levey follow students admitted under the City University of New York’s “open admissions” policy, tracking its effects on them and their children, to find out whether widening college access can accelerate social mobility across generations.
Unlike previous research into the benefits of higher education, Passing the Torch follows the educational achievements of three generations over thirty years. The book focuses on a cohort of women who entered CUNY between 1970 and 1972, when the university began accepting all graduates of New York City high schools and increasing its representation of poor and minority students. The authors survey these women in order to identify how the opportunity to pursue higher education affected not only their long-term educational attainments and family well-being, but also how it affected their children’s educational achievements. Comparing the record of the CUNY alumnae to peers nationwide, the authors find that when women from underprivileged backgrounds go to college, their children are more likely to succeed in school and earn college degrees themselves. Mothers with a college degree are more likely to expect their children to go to college, to have extensive discussions with their children, and to be involved in their children’s schools. All of these parenting behaviors appear to foster higher test scores and college enrollment rates among their children. In addition, college-educated women are more likely to raise their children in stable two-parent households and to earn higher incomes; both factors have been demonstrated to increase children’s educational success.
The evidence marshaled in this important book reaffirms the American ideal of upward mobility through education. As the first study to indicate that increasing access to college among today’s disadvantaged students can reduce educational gaps in the next generation, Passing the Torch makes a powerful argument in favor of college for all.
Public-service executives, both elected and appointed within the public and nonprofit sectors, are retiring at record levels, and the number of Americans reaching age sixty-five annually will continue to rise over the next decade and is expected to surpass four million in 2020. Finding qualified, motivated leaders to fill vital public-service positions will challenge the public and nonprofit sectors.
Unfortunately, recent studies show that few proactive steps are being taken by public-service organizations to plan for the next generation. Passing the Torch: Planning for the Next Generation of Public-Service Leaders provides an outline for those who will be facing and managing these looming changes.
In this valuable guide, the factors that influence selection of a career in public service are explored through the authors’ years of experience as leaders in public-service organizations and through interviews with other public-service professionals. Passing the Torch will be essential for leaders of nonprofit organizations, university faculty, researchers in the field of nonprofit management, and students in nonprofit management courses.How do international leaders emerge and why are they successful in bringing followers to converge on their positions? The Passion of International Leadership draws on recent advances in political psychology and state-of-the-art research in International Relations to go beyond current knowledge and simplistic accounts of international leadership. It tells surprising and intense stories of policymakers at the head of great powers attempting to cooperate during crisis moments, and uses these stories to challenge commonly held beliefs and intuitions about international leadership.
Beauregard explores international leadership in four cases of transatlantic cooperation when Western policymakers were confronted with foreign conflicts, like civil or secessionist wars. He provides a fascinating study of the recognition of Slovenia, Croatia, and Bosnia during the wars in Yugoslavia; the peace mediation during the Russia-Georgia war in 2008; the adoption of economic sanctions against Russia over the conflict in Ukraine; and finally, cooperation on striking against the Islamic State in Iraq and Syria. The book argues that leaders are driven by their convictions, and that they must strike a balance between the intense emotions associated with their beliefs and their need to represent a broader community. At the same time as they seek to bring followers on board by persuading them, they need to pay attention to emotionally contagious and resonant events that can alter the course of international cooperation.
Patent law is crucial to encourage technological innovation. But as the patent system currently stands, diverse industries from pharmaceuticals to software to semiconductors are all governed by the same rules even though they innovate very differently. The result is a crisis in the patent system, where patents calibrated to the needs of prescription drugs wreak havoc on information technologies and vice versa. According to Dan L. Burk and Mark A. Lemley in The Patent Crisis and How the Courts Can Solve It, courts should use the tools the patent system already gives them to treat patents in different industries differently. Industry tailoring is the only way to provide an appropriate level of incentive for each industry.
Burk and Lemley illustrate the barriers to innovation created by the catch-all standards in the current system. Legal tools already present in the patent statute, they contend, offer a solution—courts can tailor patent law, through interpretations and applications, to suit the needs of various types of businesses. The Patent Crisis and How the Courts Can Solve It will be essential reading for those seeking to understand the nexus of economics, business, and law in the twenty-first century.
The rise of modern public finance revolutionized political economy. As governments learned to invest tax revenue in the long-term financial resources of the market, they vastly increased their administrative power and gained the ability to use fiscal, monetary, and financial policy to manage their economies. But why did the modern fiscal state emerge in some places and not in others? In approaching this question, Wenkai He compares the paths of three different nations—England, Japan, and China—to discover why some governments developed the tools and institutions of modern public finance, while others, facing similar circumstances, failed to do so.
Focusing on three key periods of institutional development—the decades after the English Civil Wars, the Meiji Restoration, and the Taiping Rebellion—He demonstrates how each event precipitated a collapse of the existing institutions of public finance. Facing urgent calls for revenue, each government searched for new ways to make up the shortfall. These experiments took varied forms, from new methods of taxation to new credit arrangements. Yet, while England and Japan learned from their successes and failures how to deploy the tools of modern public finance and equipped themselves to become world powers, China did not. He’s comparative historical analysis isolates the nature of the credit crisis confronting each state as the crucial factor in determining its specific trajectory. This perceptive and persuasive explanation for China’s failure at a critical moment in its history illuminates one of the most important but least understood transformations of the modern world.
The company is under-performing, its share price is trailing, and the CEO gets...a multi-million-dollar raise. This story is familiar, for good reason: as this book clearly demonstrates, structural flaws in corporate governance have produced widespread distortions in executive pay. Pay without Performance presents a disconcerting portrait of managers' influence over their own pay--and of a governance system that must fundamentally change if firms are to be managed in the interest of shareholders.
Lucian Bebchuk and Jesse Fried demonstrate that corporate boards have persistently failed to negotiate at arm's length with the executives they are meant to oversee. They give a richly detailed account of how pay practices--from option plans to retirement benefits--have decoupled compensation from performance and have camouflaged both the amount and performance-insensitivity of pay. Executives' unwonted influence over their compensation has hurt shareholders by increasing pay levels and, even more importantly, by leading to practices that dilute and distort managers' incentives.
This book identifies basic problems with our current reliance on boards as guardians of shareholder interests. And the solution, the authors argue, is not merely to make these boards more independent of executives as recent reforms attempt to do. Rather, boards should also be made more dependent on shareholders by eliminating the arrangements that entrench directors and insulate them from their shareholders. A powerful critique of executive compensation and corporate governance, Pay without Performance points the way to restoring corporate integrity and improving corporate performance.
The activities of state governments have always been important in the American federal system. However, recent partisan gridlock in Washington, DC has placed states at the forefront of policymaking as the national government maintains the status quo. Pennsylvania Politics and Policy, Volume 1 is designed to showcase current issues of interest to Pennsylvanians. This reader contains updated chapters from recent issues of Commonwealth: A Journal of Pennsylvania Politics and Policy on education, health care, public finance, tax policy, environmental policy, alcohol policy and more. Each chapter is supplemented by forums with arguments in support of or opposed to contested elements of state policy, discussion questions, and suggestions for further reading.
In addition, Pennsylvania Politics and Policy, Volume 1 includes a comprehensive guide to researching state government and policy online. It is designed as a text or supplement for college or advanced high school classes in American government, state and local politics, public policy, and public administration.
Contributors include: David G. Argall, Tom Baldino, Michele Deegan, Michael Dimino, George Hale, Rachel L. Hampton , Paula Duda Holoviak Jon Hopcraft, Vera Krekanova, Maureen W. McClure, Barry G. Rabe, Marguerite Roza, Lanethea Mathews Shultz, Jennie Sweet-Cushman, Amanda Warco, and the editors.
Designed to showcase current issues of interest, Pennsylvania Politics and Policy, Volume 2 isthe second reader consisting of updated chapters from recent issues of Commonwealth: A Journal of Pennsylvania Politics and Policy. The editors and contributors to this volume focus on government institutions, election laws, the judiciary, government finance and budgeting, the opioid crisis, childcare, property taxes, environmental policy, demographics, and more. Each chapter is supplemented by discussion questions, suggestions for further reading, and forums with arguments in support of or opposed to contested elements of state policy.
In addition, Pennsylvania Politics and Policy, Volume 2 includes a detailed guide to researching state government and policy online, as well as a comprehensive chapter on the structure of Pennsylvania government. It is designed as a text or supplement for college or advanced high school classes in American government, state and local politics, public policy, and public administration.
Contributors include: John Arway, Jenna Becker Kane, Jeffrey Carroll, Bob Dick, Ashley Harden, Stefanie I. Kasparek, Vera Krekanova, Maureen W. McClure, John F. McDonald, Josh Shapiro, Marc Stier, Jennie Sweet-Cushman, James Vike, and the editors.
This book presents a careful analysis of pension data collected by the Health and Retirement Study, a unique survey of people over the age of fifty conducted by the University of Michigan for the National Institute on Aging. The authors studied pensions as they evolve over individuals’ work lives and into retirement: how pension coverage and plans change over a lifetime, how many pensions workers have by the time they retire and what these pensions are worth, what pensions contribute to individual retirement incomes, and how trends and policy changes affect retirement plans.
The book focuses on the major features of pensions, including plan type and participation, ages of eligibility for retirement, values of different pension types, how pension values are influenced by retirement age, how plans are settled when a worker leaves a firm, how well people understand their pensions, the importance of pensions in retirement saving and as a share of household wealth, and the vulnerability of the retirement age population to the current financial crisis.
This book provides readers with an invaluable look at the crucial but ever-changing role of pensions in supporting retirees.
At the Berlin Auto Show in 1938, Adolf Hitler presented the prototype for a small, oddly shaped, inexpensive family car that all good Aryans could enjoy. Decades later, that automobile—the Volkswagen Beetle—was one of the most beloved in the world. Bernhard Rieger examines culture and technology, politics and economics, and industrial design and advertising genius to reveal how a car commissioned by Hitler and designed by Ferdinand Porsche became an exceptional global commodity on a par with Coca-Cola.
Beyond its quality and low cost, the Beetle’s success hinged on its uncanny ability to capture the imaginations of people across nations and cultures. In West Germany, it came to stand for the postwar “economic miracle” and helped propel Europe into the age of mass motorization. In the United States, it was embraced in the suburbs, and then prized by the hippie counterculture as an antidote to suburban conformity. As its popularity waned in the First World, the Beetle crawled across Mexico and Latin America, where it symbolized a sturdy toughness necessary to thrive amid economic instability.
Drawing from a wealth of sources in multiple languages, The People’s Car presents an international cast of characters—executives and engineers, journalists and advertisers, assembly line workers and car collectors, and everyday drivers—who made the Beetle into a global icon. The Beetle’s improbable story as a failed prestige project of the Third Reich which became a world-renowned brand illuminates the multiple origins, creative adaptations, and persisting inequalities that characterized twentieth-century globalization.
'Hands-down the best book yet on the Green New Deal' - Jason Hickel
The idea of a Green New Deal was launched into popular consciousness by US Congressperson Alexandria Ocasio-Cortez in 2018. It has become a watchword in the current era of global climate crisis. But what - and for whom - is the Green New Deal?
In this concise and urgent book, Max Ajl provides an overview of the various mainstream Green New Deals. Critically engaging with their proponents, ideological underpinnings and limitations, he goes on to sketch out a radical alternative: a 'People's Green New Deal' committed to decommodification, working-class power, anti-imperialism and agro-ecology.
Ajl diagnoses the roots of the current socio-ecological crisis as emerging from a world-system dominated by the logics of capitalism and imperialism. Resolving this crisis, he argues, requires nothing less than an infrastructural and agricultural transformation in the Global North, and the industrial convergence between North and South. As the climate crisis deepens and the literature on the subject grows, A People's Green New Deal contributes a distinctive perspective to the debate.
In Peruvian Street Lives, Seligmann argues that the sometimes invisible and informal economic, social, and political networks market women establish may appear disorderly and chaotic, but in fact often keep dysfunctional economies and corrupt bureaucracies from utterly destroying the ability of citizens to survive from day to day. Seligmann asks why the constructive efforts of market women to make a living provoke such negative social perceptions from some members of Peruvian society, who see them as symbols and actual catalysts of social disorder. At the same time, Seligmann shows how market women eke out a living, combat discrimination, and transgress racial and gender ideologies within the rich and expressive cultural traditions they have developed.
In Petrochemical Fantasies, Daniel Worden reveals the entwined history of comics and fossil fuels in the United States. From the 1840s to the present, comics have depicted the power, pollution, and rapid expansion of energy systems—especially the explosive growth of coal and oil. In the 1930s, some of the first comic books were the gas station giveaways Gulf Funny Weekly and Standard Oil Comics. And in recent years, comics have become one of the major sites for visualizing life after oil, a striking reversal of the medium’s early boosterism.
Surveying the work of acclaimed artists such as Nell Brinkley, George Herriman, Jack Kirby, Winsor McCay, and R. F. Outcault and recovering little-known works, Worden advances a new history of American comics in the Anthropocene. From late nineteenth- and early twentieth-century editorial cartoons and superhero comics that visualize our modern energy culture to contemporary comics grappling with climate crises, Petrochemical Fantasies places comics, environmental humanities, and energy studies in conversation with each other to unearth the crucial but overlooked history of comics’ place in US energy culture.
In analyzing the popularity of Pokémon, this innovative volume addresses core debates about the globalization of popular culture and about children’s consumption of mass-produced culture. Topics explored include the origins of Pokémon in Japan’s valorization of cuteness and traditions of insect collecting and anime; the efforts of Japanese producers and American marketers to localize it for foreign markets by muting its sex, violence, moral ambiguity, and general feeling of Japaneseness; debates about children’s vulnerability versus agency as consumers; and the contentious question of Pokémon’s educational value and place in school. The contributors include teachers as well as scholars from the fields of anthropology, media studies, sociology, and education. Tracking the reception of Pokémon in Japan, the United States, Great Britain, France, and Israel, they emphasize its significance as the first Japanese cultural product to enjoy substantial worldwide success and challenge western dominance in the global production and circulation of cultural goods.
Contributors. Anne Allison, Linda-Renée Bloch, Helen Bromley, Gilles Brougere, David Buckingham, Koichi Iwabuchi, Hirofumi Katsuno, Dafna Lemish, Jeffrey Maret, Julian Sefton-Green, Joseph Tobin, Samuel Tobin, Rebekah Willet, Christine Yano
Before the First World War, the British Admiralty conceived a plan to win rapid victory in the event of war with Germany-economic warfare on an unprecedented scale.This secret strategy called for the state to exploit Britain's effective monopolies in banking, communications, and shipping-the essential infrastructure underpinning global trade-to create a controlled implosion of the world economic system.
In this revisionist account, Nicholas Lambert shows in lively detail how naval planners persuaded the British political leadership that systematic disruption of the global economy could bring about German military paralysis. After the outbreak of hostilities, the government shied away from full implementation upon realizing the extent of likely collateral damage-political, social, economic, and diplomatic-to both Britain and neutral countries. Woodrow Wilson in particular bristled at British restrictions on trade. A new, less disruptive approach to economic coercion was hastily improvised. The result was the blockade, ostensibly intended to starve Germany. It proved largely ineffective because of the massive political influence of economic interests on national ambitions and the continued interdependencies of all countries upon the smooth functioning of the global trading system.
Lambert's interpretation entirely overturns the conventional understanding of British strategy in the early part of the First World War and underscores the importance in any analysis of strategic policy of understanding Clausewitz's "political conditions of war."
This impressive scholarly debut deftly reinterprets one of America's oldest symbols--the southern slave plantation. S. Max Edelson examines the relationships between planters, slaves, and the natural world they colonized to create the Carolina Lowcountry.
European settlers came to South Carolina in 1670 determined to possess an abundant wilderness. Over the course of a century, they settled highly adaptive rice and indigo plantations across a vast coastal plain. Forcing slaves to turn swampy wastelands into productive fields and to channel surging waters into elaborate irrigation systems, planters initiated a stunning economic transformation.
The result, Edelson reveals, was two interdependent plantation worlds. A rough rice frontier became a place of unremitting field labor. With the profits, planters made Charleston and its hinterland into a refined, diversified place to live. From urban townhouses and rural retreats, they ran multiple-plantation enterprises, looking to England for affirmation as agriculturists, gentlemen, and stakeholders in Britain's American empire. Offering a new vision of the Old South that was far from static, Edelson reveals the plantations of early South Carolina to have been dynamic instruments behind an expansive process of colonization.
With a bold interdisciplinary approach, Plantation Enterprise reconstructs the environmental, economic, and cultural changes that made the Carolina Lowcountry one of the most prosperous and repressive regions in the Atlantic world.
Plastics explains what plastics are, how they are made, how they are used, and the problems and opportunities they bring.
A history of film distribution in the United States from the 1910s to the 1930s, concentrating on booking, circuiting, and packaging marketing practices.
Told not as a “golden age” narrative of films, stars, or individual studios but as an economic history of the industry’s film distribution practices, Playing the Percentages is the story of how Hollywood’s vertically integrated studio system came to be. Studying the history of distribution during the growth of Hollywood, Derek Long makes a case for the domination of the studio system as the result of struggles over distribution practices.
Through a combination of archival research, critical surveys of the film industry trade press, and economic analysis, Long uncovers a complex and ever-shifting system of wrangling between distributors and exhibitors. Challenging the overemphasis within scholarship on “block booking” as a monolithic distribution mode, and attending to distribution practices beyond simple circulation, Long highlights the crucial changes in film distribution brought about by live theater, the rise of features, and the transition to sound. Playing the Percentages is a comprehensive history of film distribution in the United States during the silent era that illustrates the importance of power struggles between distributors and exhibitors over booking, pricing, and playing time.
This accessible guide bridges the gap between being a project manager and becoming a globally recognized Project Management Professional (PMP). Aligned with A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Sixth Edition, this book explains the Project Management Institute’s worldwide standard methods, five process groups, ten knowledge areas, and forty-nine processes and includes many tips to help prepare for the latest PMP exam.
Angel includes proven strategies for improving project efficiency and effectiveness, balancing constraints, communicating timely and accurate project status, and successfully bringing a project to completion. Real-world case studies followed throughout the book provide examples, checklists, and proven project results. Designed for easy learning, the book contains chapter-opening lists of specific skills covered in the chapter, Q&A sections filled with bonus information and helpful tips, real-world experiences that show how to apply particular skills, and reminders to help in preparation for the PMP exam.
The global economic crisis has exposed the limits of neoliberalism and dramatically deepened social polarization. Yet, despite increasing social resistance and opposition, neoliberalism prevails globally.
Radical alternatives, moreover, are only rarely debated. And if they are, such alternatives are reduced to new Keynesian and new developmental agendas, which fail to address existing class divisions and imperialist relations of domination.
This collection of essays polarizes the debate between radical and reformist alternatives by exploring head-on the antagonistic structure of capitalist development. The contributors ground their proposals in an international, non-Eurocentric and Marxian inspired analysis of capitalism and its crises. From Latin America to Asia, Africa to the Middle East and Europe to the US, social and labour movements have emerged as the protagonists behind creating alternatives.
This book’s new generation of scholars has written accessible yet theoretically informed and empirically rich chapters elaborating radical worldwide strategies for moving beyond neoliberalism, and beyond capitalism. The intent is to provoke critical reflection and positive action towards substantive change.
Since the late 1950s the world's banks have expanded their global operations, with US institutions leading the way. As the recent global economic crisis shows, actions of private bankers can threaten capital markets, weaken national regulatory systems, and strain international cooperation-seriously endangering the world economy and the interests of nation states.
In this book, John Roemer presents a unified and rigorous theory of political competition between parties. He models the theory under many specifications, including whether parties are policy oriented or oriented toward winning, whether they are certain or uncertain about voter preferences, and whether the policy space is uni- or multidimensional. He examines all eight possible combinations of these choice assumptions, and characterizes their equilibria.
He fleshes out a model in which each party is composed of three different factions concerned with winning, with policy, and with publicity. Parties compete with one another. When internal bargaining is combined with external competition, a natural equilibrium emerges, which Roemer calls party-unanimity Nash equilibrium.
Assuming only the distribution of voter preferences and the endowments of the population, he deduces the nature of the parties that will form. He then applies the theory to several empirical puzzles, including income distribution, patterns of electoral success, and why there is no labor party in the United States.
Any student, academic or practitioner wanting to succeed in development studies, radical or mainstream, must understand the World Bank's role and the evolution of its thinking and activities. The Political Economy of Development provides tools for gaining this understanding and applies them across a range of topics.
The research, practice and scholarship of development are always set against the backdrop of the World Bank, whose formidable presence shapes both development practice and thinking. This book brings together academics that specialise in different subject areas of development and reviews their findings in the context of the World Bank as knowledge bank, policy-maker and financial institution. The volume offers a compelling contribution to our understanding of development studies and of development itself.
The Political Economy of Development is an invaluable critical resource for students, policy-makers and activists in development studies.
Jude L. Fernando explores the paradoxical relationship between NGOs and capitalism, showing that supposedly progressive organisations often promote essentially the same policies and ideas as existing governments.
The book examines how a diverse group of NGOs have shaped state formation in Bangladesh and Sri Lanka. It argues that, rather than influencing state formation for the better, NGOs have been integrated into the capitalist system and their language adopted to give traditional exploitative social relations a transformative appearance.
This enlightening study will give pause to those who see NGOs as drivers of true social change and will encourage students of development studies to make a deeper analysis of state formation.
Taiwan is a classic case of export-led industrialization. But unlike South Korea and Japan, where large firms have been the major exporters, before the late 1980s Taiwan's successful exporters were overwhelmingly small- and medium-sized enterprises (SMEs). The SMEs became the engine of the entire economy, yet for many years the state virtually ignored the SMEs and their role as exporters.
What factors account for the success of the SMEs and their benign neglect by the state? The key was a strict division of labor: state and large private enterprises jointly monopolized the domestic market. This gave the SMEs a free run in export markets. How did this industrial structure come into being? The author argues that it was an unintended consequence of the state's policy toward the private sector and its political strategies for managing societal forces. Indeed, Taiwan's unique industrial structure was shaped by both the witting and the unwitting interactions of the state and the private sector. Moreover, as the author shows, this industrial policy was a product of the internal politics of the economic bureaucracy, and the formulation and implementation of economic policy hinged on mechanisms for solving differences within the state.
Scholars normally emphasize the contrast between the two great eighteenth-century thinkers Jean-Jacques Rousseau and Adam Smith. Rousseau is seen as a critic of modernity, Smith as an apologist. Istvan Hont, however, finds significant commonalities in their work, arguing that both were theorists of commercial society and from surprisingly similar perspectives.
In making his case, Hont begins with the concept of commercial society and explains why that concept has much in common with what the German philosopher Immanuel Kant called unsocial sociability. This is why many earlier scholars used to refer to an Adam Smith Problem and, in a somewhat different way, to a Jean-Jacques Rousseau Problem. The two problems—and the questions about the relationship between individualism and altruism that they raised—were, in fact, more similar than has usually been thought because both arose from the more fundamental problems generated by thinking about morality and politics in a commercial society. Commerce entails reciprocity, but a commercial society also entails involuntary social interdependence, relentless economic competition, and intermittent interstate rivalry. This was the world to which Rousseau and Smith belonged, and Politics in Commercial Society is an account of how they thought about it.
Building his argument on the similarity between Smith’s and Rousseau’s theoretical concerns, Hont shows the relevance of commercial society to modern politics—the politics of the nation-state, global commerce, international competition, social inequality, and democratic accountability.
Since its introduction in 2009, Bitcoin has been widely promoted as a digital currency that will revolutionize everything from online commerce to the nation-state. Yet supporters of Bitcoin and its blockchain technology subscribe to a form of cyberlibertarianism that depends to a surprising extent on far-right political thought. The Politics of Bitcoin exposes how much of the economic and political thought on which this cryptocurrency is based emerges from ideas that travel the gamut, from Milton Friedman, F.A. Hayek, and Ludwig von Mises to Federal Reserve conspiracy theorists.
Forerunners: Ideas First is a thought-in-process series of breakthrough digital publications. Written between fresh ideas and finished books, Forerunners draws on scholarly work initiated in notable blogs, social media, conference plenaries, journal articles, and the synergy of academic exchange. This is gray literature publishing: where intense thinking, change, and speculation take place in scholarship.
Contributors. Tani E. Barlow, Nandi Bhatia, Dipesh Chakrabarty, Chungmoo Choi, Clara Connolly, Angela Davis, Arturo Escobar, Grant Farred, Homa Hoodfar, Reynaldo C. Ileto, George Lipsitz, David Lloyd, Lisa Lowe, Martin F. Manalansan IV, Aihwa Ong, Pragna Patel, José Rabasa, Maria Josefina Saldaña-Portillo, Jaqueline Urla
The United States and Mexico trade many commodities, the most important of which are indispensable sources of energy—crude oil and agricultural labor. Mexican oil and workers provide cheap and reliable energy for the United States, while US petro dollars and agricultural jobs supply much-needed income for the Mexican economy. Mexico’s economic dependence on the United States is well-known, but The Politics of Dependency makes a compelling case that the United States is also economically dependent on Mexico.
Expanding dependency theory beyond the traditional premise that weak countries are dominated by powerful ones, Martha Menchaca investigates how the United States and Mexico have developed an asymmetrical codependency that disproportionally benefits the United States. In particular, she analyzes how US foreign policy was designed to enable the US government to help shape the development of Mexico’s oil industry, as well as how migration from Mexico to the United States has been regulated by the US Congress to ensure that American farmers have sufficient labor. This unprecedented dual study of energy sectors that are usually examined in isolation reveals the extent to which the United States has become economically dependent on Mexico, even as it remains the dominant partner in the relationship. It also exposes the long-term effects of the agricultural policies of NAFTA, which led to the unemployment of millions of agricultural workers in Mexico, a large percentage of whom relocated to the United States.
Displaced by the growth of cities and left impoverished by the inequities of an archaic land tenure system, peasants throughout Latin America are entering politics and upsetting the balance between social forces that had once been the sole competitors for governmental power. Still the largest occupational grouping in most countries, these peasants provide an important base of potential support for governments willing to undertake rural reform. In the light of this, Robert Kaufman's case study of Chilean land reform warrants careful consideration.
Focusing on the efforts of successive Chilean governments to pass and implement land reform legislation, Kaufman explores the way in which relatively high levels of social modernization and political institutionalization affect the emergence of the land reform issue, the timing and nature of the involvement of conflicting social groups, and the building of coalitions in support of various types of change.
Permaculture is an environmental movement that makes us revaluate what it means to be sustainable. Through innovative agriculture and settlement design, the movement creates new communities that are harmonious with nature. It has grown from humble origins on a farm in 1970s Australia and flourished into a worldwide movement that confronts industrial capitalism.
The Politics of Permaculture is one of the first books to unpack the theory and practice of this social movement that looks to challenge the status quo. Drawing upon the rich seam of publications and online communities from the movement as well as extensive interviews with permaculture practitioners and organizations from around the world, Leahy explains the ways permaculture is understood and practiced in different contexts.
In the face of extreme environmental degradation and catastrophic climate change, we urgently need a new way of living.
Permaculture is an environmental movement that makes us revaluate what it means to be sustainable. Through innovative agriculture and settlement design, the movement creates new communities that are harmonious with nature. It has grown from humble origins on a farm in 1970s Australia and flourished into a worldwide movement that confronts industrial capitalism.
The Politics of Permaculture is one of the first books to unpack the theory and practice of this social movement that looks to challenge the status quo. Drawing upon the rich seam of publications and online communities from the movement as well as extensive interviews with permaculture practitioners and organizations from around the world, Leahy explains the ways permaculture is understood and practiced in different contexts.
In the face of extreme environmental degradation and catastrophic climate change, we urgently need a new way of living.
The prudent administrator clearly recognizes the differences between authority and power. The first is the right to wield power and the second is the actual exercise of power. Joseph B. Eastman, as federal coordinator of transportation, had the authority to require acts of railroad coordination but lacked the power. When he tried to exercise authority as though it were power, the railroads combined with the unions and deprived him of his authority.
Earl Latham, in this analysis of the politics of administration, makes use of hitherto unpublished letters and memoranda written by Eastman. Coming at a time when the railroad industry is suffering acutely from its chronic problem of excessive separatism, The Politics of Railroad Coordination is a thought-provoking application of power group analysis to a major problem of administration. It will be of particular interest to persons concerned with problems of the regulation of industry, public administration, the transportation industry, and the method of power group analysis.
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