336 books match the query 'Political Economy' and 13 start with i

cover of Imagining Interest in Political Thought: Origins of Economic Rationality

Imagining Interest in Political Thought

Origins of Economic Rationality

Stephen G. Engelmann

Duke University Press, 2003

Imagining Interest in Political Thought argues that monistic interest—or the shaping and coordination of different pursuits through imagined economies of self and public interest—constitutes the end and means of contemporary liberal government. The paradigmatic theorist of monistic interest is the English political philosopher Jeremy Bentham (1748–1832), whose concept of utilitarianism calls for maximization of pleasure by both individuals and the state. Stephen G. Engelmann contends that commentators have too quickly dismissed Bentham’s philosophy as a crude materialism with antiliberal tendencies. He places Benthamite utilitarianism at the center of his account and, in so doing, reclaims Bentham for liberal political theory.

Tracing the development of monistic interest from its origins in Reformation political theory and theology through late-twentieth-century neoliberalism, Engelmann reconceptualizes the history of liberalism as consisting of phases in the history of monistic interest or economic government. He describes how monistic interest, as formulated by Bentham, is made up of the individual’s imagined expectations, which are constructed by the very regime that maximizes them. He asserts that this construction of interests is not the work of a self-serving manipulative state. Rather, the state, which is itself subject to strict economic regulation, is only one cluster of myriad "public" and "private" agencies that produce and coordinate expectations. In place of a liberal vision in which government appears only as a protector of the free pursuit of interest, Engelmann posits that the free pursuit of interest is itself a mode of government, one that deploys individual imagination and choice as its agents.

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cover of In Pursuit of Lakshmi: The Political Economy of the Indian State

In Pursuit of Lakshmi

The Political Economy of the Indian State

Lloyd I. Rudolph and Susanne Hoeber Rudolph

University of Chicago Press, 1987

The pursuit of Lakshmi, the fickle goddess of prosperity and good fortune, is a metaphor for the aspirations of the state and people of independent India. In the latest of their distinguished contributions to South Asian studies, scholars Lloyd I. Rudolph and Susanne Hoeber Rudolph focus on this modern-day pursuit by offering a comprehensive analysis of India's political economy.

India occupies a paradoxical plane among nation states: it is both developed and underdeveloped, rich and poor, strong and weak. These contrasts locate India in the international order. The Rudolphs' theory of demand and command polities provides a general framework for explaining the special circumstances of the Indian experience.

Contrary to what one might expect in a country with great disparities of wealth, no national party, right or left, pursues the politics of class. Instead, the Rudolphs argue, private capital and organized labor in India face a "third actor"—the state. Because of the dominance of the state makes class politics marginal, the state is itself an element in the creation of the centrist-oriented social pluralism that has characterized Indian politics since independence.

In analyzing the relationship between India's politics and its economy, the Rudolphs maintain that India's economic performance has been only marginally affected by the type of regime in power—authoritarian or democratic. More important, they show that rising levels of social mobilization and personalistic rule have contributed to declining state capacity and autonomy. At the same time, social mobilization has led to a more equitable distribution of economic benefits and political power, which has enhanced the state's legitimacy among its citizens.

The scope and explanatory power of In Pursuit of Lakshmi will make it essential for all those interested in political economy, comparative politics, Asian studies and India.
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cover of In Pursuit of Prosperity: Industrial Policy and the Politics of Economic Upgrading

In Pursuit of Prosperity

Industrial Policy and the Politics of Economic Upgrading

Charles R. Hankla

University of Michigan Press, 2025

With so many states committed to economic transformation, and so many experts ready to provide technical advice on how to achieve it, why does progress so often remain elusive? In Pursuit of Prosperity examines the process of economic upgrading—moving to more valuable activities in production, improving technology, knowledge, and skills, and participating in global value chains—and develops a new theory to explain the form and success of national policies designed to promote it. 

Using a mixed-methods approach, Charles R. Hankla draws upon archival research and interviews from France and India as well as quantitative models of sixteen countries across six decades. He finds that when state and private actors are aligned in their institutional structures, which can happen in both corporatist and pluralist systems, industrial policy tends to be more effective. It is when the state or the private sector independently dominates industrial policy that poor outcomes are most likely. As In Pursuit of Prosperity shows, rather than being fixed characteristics of countries, policymaking styles vary across time and across sectors of the economy, reflecting the changing power dynamics and organizational resources of stakeholders. The book sheds light on how industrial policy—which is experiencing a comeback in the United States and beyond—can best be harnessed for upgrading. It offers a valuable contribution to our understanding of the complex relationship between state politics and economic performance in the modern globalized world.
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cover of In the River They Swim: Essays from Around the World on Enterprise Solutions to Poverty

In the River They Swim

Essays from Around the World on Enterprise Solutions to Poverty

Michael Fairbanks

Templeton Press, 2009

The sociologist Thomas Sowell writes, "We need to confront the most blatant fact that has persisted across centuries of social history—vast ddifferences in productivity among peoples, and the economic and other consequences of such differences." Poverty demeans dignity, shrinks the soul, wastes potential, and inflicts suffering on three billion people on our planet. We must also acknowledge that, during the past fifty yyears, the record in international assistance to the least developed countries has been disappointing; the economics-based abstractions developed in the think tanks of Europe and North America are insufficient.

In the River They Swim is the antithesis to that search for solutions the next big theory of global poverty. From the fresh perspective of advisors on the frontlines of development to the insight of leaders like President Paul Kagame of Rwanda and Pastor Rick Warren, it tells the story of change in the microcosms of emerging businesses, industries, and governments. These essays display a personal nature to their work that rigorous analysis alone cannot explain.

We learn that a Sufi master can teach us about the different levels of knowledge, the "different ways to know a river." These practitioners could have written about its length, its source, its depth, its width, the power of its current, and the life it contains. They could have invested time and money to travel to that river so that they could sit on its shores and look at it, feel the sand that borders it, and watch the birds at play over it. Instead, they dove in to swim in the river, felt its current along their bodies, and tasted something of it. They wondered, briefly, if they had the strength to swim its length, and now they share the answer.

If human development is a river, the authors in this volume, and perhaps some readers, will no longer be satisfied to stand along its banks.

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cover of In the Shadow of Russia: Reform in Kazakahstan and Uzbekistan

In the Shadow of Russia

Reform in Kazakahstan and Uzbekistan

Pamela Blackmon

Michigan State University Press, 2011

In the twenty years since the dissolution of the Soviet Union, the fifteen new independent republics have embarked on unprecedented transitions from command economies into market-oriented economies.
Important motivating factors for their reform efforts included issues of geographic and economic proximity to Europe and the influence of the pre-Soviet era histories in those countries. In the Shadow of Russia builds upon the conceptual frameworks that include geography and policy choices about economic integration in an analysis of the reform efforts of Kazakhstan and Uzbekistan.
Blackmon's book addresses such central questions as: How and in what areas has a republic's previous level of integration with Soviet-era Russia influenced its present economic orientation? What are the contributing factors that explain the differences in how leaders ( of a similar regime type) developed economic reform policies? To answer these questions, the author utilizes information from both the economic and the political literature on post-communist transitions, as well from political speeches.

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cover of Indian Reservations in the United States: Territory, Sovereignty, and Socioeconomic Change

Indian Reservations in the United States

Territory, Sovereignty, and Socioeconomic Change

Klaus Frantz

University of Chicago Press, 1999

In the most comprehensive and detailed cultural-geographic study ever conducted of the American Indian reservations in the forty-eight contiguous states, Klaus Frantz explores the reservations as living environments rather than historical footnotes. Although this study provides well-researched documentation of the generally deplorable living conditions on the reservations, it also seeks to discover and highlight the many possibilities for positive change.

Informed by both historical research and extensive fieldwork, this book pays special attention to the natural resource base and economic outlook of the reservations, as well as the crucial issue of tribal sovereignty. Chapters also cover the demography of American Indian groups and their socioeconomic status (including standard of living, employment, and education). A new afterword treats some of the developments since the book's initial publication in German, such as the effects of the 1988 Indian gaming law that allowed Indian reservations to operate gambling establishments (with mixed success).

"Provides a good overview of the basic questions and problems facing reservation Indians today."—Peter Bolz, Journal of American History (on the German edition)
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cover of Individualism and Economic Order

Individualism and Economic Order

F. A. Hayek

University of Chicago Press, 1948

This is an auto-narrated audiobook version of this book. 

In this collection of writings, Nobel laureate Friedrich A. Hayek discusses topics from moral philosophy and the methods of the social sciences to economic theory as different aspects of the same central issue: free markets versus socialist planned economies. First published in the 1930s and 40s, these essays continue to illuminate the problems faced by developing and formerly socialist countries.

F. A. Hayek, recipient of the Medal of Freedom in 1991 and winner of the Nobel Memorial Prize in Economics in 1974, taught at the University of Chicago, the University of London, and the University of Freiburg. Among his other works published by the University of Chicago Press is The Road to Serfdom, now available in a special fiftieth anniversary edition.
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cover of Inhuman Power: Artificial Intelligence and the Future of Capitalism

Inhuman Power

Artificial Intelligence and the Future of Capitalism

Nick Dyer-Witheford, Atle Mikkola Kjosen, and James Steinhoff

Pluto Press, 2019

The past several years have brought staggering advances in the field of Artificial Intelligence. And Marxist analysis has to keep up: while machines were always central to Marxist analysis, modern AI is a new kind of machine that Marx could not have anticipated.
           
Inhuman Power explores the relationship between Marxist theory and AI through three approaches, each using the lens of a different Marxist theoretical concept. While the idea of widespread AI tends to be celebrated as much as questioned, a deeper analysis of its reach and potential produces a more complex and disturbing picture than has been identified. Inhuman Power argues that on its current trajectory, AI is likely to render humanity obsolete and that the only way to prevent it is a communist revolution.
 
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cover of Institutional Change, Discretion, and the Making of Modern Congress: An Economic Interpretation

Institutional Change, Discretion, and the Making of Modern Congress

An Economic Interpretation

Glenn R. Parker

University of Michigan Press, 1992

Controversial new interpretation of legislators' behavior
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cover of Institutional trust and economic policy Lessons from the history of the Euro: Lessons from the history of the Euro

Institutional trust and economic policy Lessons from the history of the Euro

Lessons from the history of the Euro

Dóra Gyorffy

Central European University Press, 2013

The book seeks to link theoretical debates on the relevance of trust in economic outcomes with the current arguments about the origins and lessons of the subprime crisis. By what mechanisms does trust influence economic outcomes? Under what conditions do these mechanisms prevail? How do debates about trust help our understanding of the subprime crisis in the European Union? By integrating insights from Post-Keynesian, Austrian and new institutional economics, the central proposition of the analysis is that the presence or absence of institutional trust creates virtuous and vicious cycles in law-abiding, which critically influence the possibility for economic agents to have realistic long-term plans.
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cover of Investing in the Homeland: Migration, Social Ties, and Foreign Firms

Investing in the Homeland

Migration, Social Ties, and Foreign Firms

Benjamin A.T. Graham

University of Michigan Press, 2019

Once viewed as a “brain drain,” migrants are increasingly viewed as a resource for promoting economic development back in their home countries. In Investing in the Homeland, Benjamin Graham finds that diasporans—migrants and their descendants—play a critical role in linking foreign firms to social networks in developing countries, allowing firms to flourish even in challenging political environments most foreign investors shun.

Graham’s analysis draws on new data from face-to-face interviews with the managers of over 450 foreign firms operating in two developing countries: Georgia and the Philippines. Diaspora-owned and diaspora-managed firms are better connected than other foreign firms and they use social ties to resolve disputes and influence government policy. At the same time, Graham shows that diaspora-affiliated firms are no more socially responsible than their purely foreign peers—at root, they are profit-seeking enterprises, not development NGOs. Graham identifies implications for policymakers seeking to capture the development potential of diaspora investment and for managers of multinational firms who want to harness diasporans as a source of sustained competitive advantage.
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cover of Investment Citizenship: Rhetoric and Affect Beyond Late Neoliberalism

Investment Citizenship

Rhetoric and Affect Beyond Late Neoliberalism

Blake Abbott

Michigan State University Press, 2027

This book maps the development of a social and rhetorical phenomenon called investment citizenship: a mode of citizen-subjectivity articulated primarily through financial and affective investments. Investment citizenship is both a marker of personal identity and a complex, interwoven set of rhetorics, forces, actions, and assumptions that articulate the role of investment in social life. To that end, it examines three rhetorical couplets—investment and citizenship, financial investment and affective investment, to invest and to be invested—directly and through several cultural phenomena implicated by the emergence of investment rhetoric, such as US government policy, consumerism, ownership, education, and financial planning. Taken together, these couplets both extend and challenge late neoliberalism through the various invocations and implications of investment citizenship that reconfigure the relationship between the individual and society.

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cover of Isle of Fire: The Political Ecology of Landscape Burning in Madagascar

Isle of Fire

The Political Ecology of Landscape Burning in Madagascar

Christian A. Kull

University of Chicago Press, 2004

Long considered both best friend and worst enemy to humankind, fire is at once creative and destructive. On the endangered tropical island of Madagascar, these two faces of fire have fueled a century-long conflict between rural farmers and island leaders. Based on detailed fieldwork in Malagasy villages and a thorough archival investigation, Isle of Fire offers a detailed analysis of why Madagascar has always been aflame, why it always will be aflame, and ultimately, as Christian Kull argues, why it should remain aflame.
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