336 books match the query 'Political Economy' and 69 start with t

cover of T?he Commons: Economic Alternatives in the Digital Age

T?he Commons

Economic Alternatives in the Digital Age

Vangelis Papadimitropoulos

University of Westminster Press, 2020

This book explores the potential creation of a broader collaborative economy through commons-based peer production (P2P) and the emergent role of information and communication technologies (ICTs). The book seeks to critically engage in the political discussion of commons-based peer production, which can be classified into three basic arguments: the liberal, the reformist and the anti-capitalist. This book categorises the liberal argument as being in favour of the coexistence of the commons with the market and the state. Reformists, on the other hand, advocate for the gradual adjustment of the state and of capitalism to the commons, while anti-capitalists situate the commons against capitalism and the state. By discussing these three viewpoints, the book contributes to contemporary debates concerning the future of commons-based peer production.

Further, the author argues that for the commons to become a fully operational mode of peer production, it needs to reach critical mass arguing that the liberal argument underestimates the reformist insight that technology has the potential to decentralise production, thereby forcing capitalism to transition to post-capitalism. Surveying the three main strands of commons-based peer production, this book makes the case for a post-capitalist commons-orientated transition that moves beyond neoliberalism.

[more]
cover of Tariff Wars and the Politics of Jacksonian America

Tariff Wars and the Politics of Jacksonian America

William K. Bolt

Vanderbilt University Press, 2016

Before the Civil War, the American people did not have to worry about a federal tax collector coming to their door. The reason why was the tariff, taxing foreign goods and imports on arrival in the United States. Tariff Wars and the Politics of Jacksonian America attempts to show why the tariff was an important part of the national narrative in the antebellum period. The debates in Congress over the tariff were acrimonious, with pitched arguments between politicians, interest groups, newspapers, and a broader electorate.

The spreading of democracy caused by the tariff evoked bitter sectional controversy among Americans. Northerners claimed they needed a tariff to protect their industries and also their wages. Southerners alleged the tariff forced them to buy goods at increased prices. Having lost the argument against the tariff on its merits, in the 1820s, southerners began to argue the Constitution did not allow Congress to enact a protective tariff. In this fight, we see increased tensions between northerners and southerners in the decades before the Civil War began.

As Tariff Wars reveals, this struggle spawned a controversy that placed the nation on a path that would lead to the early morning hours of Charleston Harbor in April of 1861.
[more]
cover of Tariff Wars and the Politics of Jacksonian America

Tariff Wars and the Politics of Jacksonian America

William K. Bolt

Vanderbilt University Press, 2016

Before the Civil War, the American people did not have to worry about a federal tax collector coming to their door. The reason why was the tariff, taxing foreign goods and imports on arrival in the United States. Tariff Wars and the Politics of Jacksonian America attempts to show why the tariff was an important part of the national narrative in the antebellum period. The debates in Congress over the tariff were acrimonious, with pitched arguments between politicians, interest groups, newspapers, and a broader electorate.

The spreading of democracy caused by the tariff evoked bitter sectional controversy among Americans. Northerners claimed they needed a tariff to protect their industries and also their wages. Southerners alleged the tariff forced them to buy goods at increased prices. Having lost the argument against the tariff on its merits, in the 1820s, southerners began to argue the Constitution did not allow Congress to enact a protective tariff. In this fight, we see increased tensions between northerners and southerners in the decades before the Civil War began.

As Tariff Wars reveals, this struggle spawned a controversy that placed the nation on a path that would lead to the early morning hours of Charleston Harbor in April of 1861.
[more]
cover of Thailand’s Political Peasants: Power in the Modern Rural Economy

Thailand’s Political Peasants

Power in the Modern Rural Economy

Andrew Walker

University of Wisconsin Press, 2012

When a populist movement elected Thaksin Shinawatra as prime minister of Thailand in 2001, many of the country’s urban elite dismissed the outcome as just another symptom of rural corruption, a traditional patronage system dominated by local strongmen pressuring their neighbors through political bullying and vote-buying. In Thailand’s Political Peasants, however, Andrew Walker argues that the emergence of an entirely new socioeconomic dynamic has dramatically changed the relations of Thai peasants with the state, making them a political force to be reckoned with. Whereas their ancestors focused on subsistence, this generation of middle-income peasants seeks productive relationships with sources of state power, produces cash crops, and derives additional income through non-agricultural work. In the increasingly decentralized, disaggregated country, rural villagers and farmers have themselves become entrepreneurs and agents of the state at the local level, while the state has changed from an extractor of taxes to a supplier of subsidies and a patron of development projects.
    Thailand’s Political Peasants provides an original, provocative analysis that encourages an ethnographic rethinking of rural politics in rapidly developing countries. Drawing on six years of fieldwork in Ban Tiam, a rural village in northern Thailand, Walker shows how analyses of peasant politics that focus primarily on rebellion, resistance, and evasion are becoming less useful for understanding emergent forms of political society.

[more]
cover of The ABCs of Political Economy: A Modern Approach

The ABCs of Political Economy

A Modern Approach

Robin Hahnel

Pluto Press, 2014

This revised edition of ABCs is a lively and accessible introduction to modern political economy. Informed by the work of Marx, Veblen, Kalecki, Robinson, Minsky and other great political economists, Robin Hahnel provides the essential tools needed to understand economic issues today. 

Dispelling myths about financial liberalisation, fiscal austerity, globalisation and free markets, ABCs offers a critical perspective on our present system and outlines clear alternatives for the future. 

This second edition applies the analytical tools developed to help readers understand the origins of the financial crisis of 2007, the ensuing 'Great Recession', and why government policies in Europe and North America over the past six years have failed to improve matters for the majority of their citizens. The second edition also helps explain what is causing climate change and what will be required if it is to be resolved effectively and fairly.
[more]
cover of The Ambivalence of Power in the Twenty-First Century Economy: Cases from Russia and Beyond

The Ambivalence of Power in the Twenty-First Century Economy

Cases from Russia and Beyond

Edited by Vadim Radaev and Zoya Kotelnikova

University College London, 2022

An interdisciplinary perspective on the use and abuse of power in political economy.

This book explores the ambivalent nature of power as wielded in economic practices from an empirical perspective. It offers a collection of country-based cases and critically assesses the existing conceptions of power from a cross-disciplinary perspective. Analyzing power at the macro, meso, and micro levels allows the volume to highlight the complexity of political economy in the twenty-first century. Each chapter addresses key elements of a given political economy (from the ambivalence of the cases of former communist countries that do not conform with the grand narratives about democracy and markets to the dual utility of new technologies such as face-recognition), thus providing mounting evidence for the centrality of understanding ambivalence in the analysis of power.
[more]
cover of The Ambivalence of Scarcity and Other Essays

The Ambivalence of Scarcity and Other Essays

Paul Dumouchel

Michigan State University Press, 2014

First published in French in 1979, “The Ambivalence of Scarcity” was a groundbreaking work on mimetic theory. Now expanded upon with new, specially written, and never-before-published conference texts and essays, this revised edition explores René Girard’s philosophy in three sections: economy and economics, mimetic theory, and violence and politics in modern societies. The first section argues that though mimetic theory is in many ways critical of modern economic theory, this criticism can contribute to the enrichment of economic thinking. The second section explores the issues of nonviolence and misrecognition (méconnaissance), which have been at the center of many discussions of Girard’s work. The final section proposes mimetic analyses of the violence typical of modern societies, from high school bullying to genocide and terrorist attacks. Politics, Dumouchel argues, is a violent means of protecting us from our own violent tendencies, and it can at times become the source of the very savagery from which it seeks to protect us. The book’s conclusion analyzes the relationship between ethics and economics, opening new avenues of research and inviting further exploration. Dumouchel’s introduction reflects on the importance of René Girard’s work in relation to ongoing research, especially in social sciences and philosophy.
[more]
cover of The American Dream Is Not Dead: (But Populism Could Kill It)

The American Dream Is Not Dead

(But Populism Could Kill It)

Michael R. Strain

Templeton Press, 2020

Populists on both sides of the political aisle routinely announce that the American Dream is dead. According to them, the game has been rigged by elites, workers can’t get ahead, wages have been stagnant for decades, and the middle class is dying. 

Michael R. Strain, director of economic policy studies at the American Enterprise Institute, disputes this rhetoric as wrong and dangerous. In this succinctly argued volume, he shows that, on measures of economic opportunity and quality of life, there has never been a better time to be alive in America. He backs his argument with overwhelming—and underreported—data to show how the facts favor realistic optimism.

He warns, however, that the false prophets of populism pose a serious danger to our current and future prosperity. Their policies would leave workers worse off. And their erroneous claim that the American Dream is dead could discourage people from taking advantage of real opportunities to better their lives. If enough people start to believe the Dream is dead, they could, in effect, kill it. To prevent this self-fulfilling prophecy, Strain’s book is urgent reading for anyone feeling the pull of the populists. 

E. J. Dionne and Henry Olsen provide spirited responses to Strain’s argument.

[more]
cover of The Anatomy of Post-Communist Regimes: A Conceptual Framework

The Anatomy of Post-Communist Regimes

A Conceptual Framework

Bálint Magyar

Central European University Press, 2021

Offering a single, coherent framework of the political, economic, and social phenomena that characterize post-communist regimes, this is the most comprehensive work on the subject to date. Focusing on Central Europe, the post-Soviet countries and China, the study provides a systematic mapping of possible post-communist trajectories.

At exploring the structural foundations of post-communist regime development, the work discusses the types of state, with an emphasis on informality and patronalism; the variety of actors in the political, economic, and communal spheres; the ways autocrats neutralize media, elections, etc. The analysis embraces the color revolutions of civil resistance (as in Georgia and in Ukraine) and the defensive mechanisms of democracy and autocracy; the evolution of corruption and the workings of “relational economy”; an analysis of China as “market-exploiting dictatorship”; the sociology of “clientage society”; and the instrumental use of ideology, with an emphasis on populism. Beyond a cataloguing of phenomena—actors, institutions, and dynamics of post-communist democracies, autocracies, and dictatorships—Magyar and Madlovics also conceptualize everything as building blocks to a larger, coherent structure: a new language for post-communist regimes.

While being the most definitive book on the topic, the book is nevertheless written in an accessible style suitable for both beginners who wish to understand the logic of post-communism and scholars who are interested in original contributions to comparative regime theory. The book is equipped with QR codes that link to www.postcommunistregimes.com, which contains interactive, 3D supplementary material for teaching.

[more]
cover of The Biological Consequences of Socioeconomic Inequalities

The Biological Consequences of Socioeconomic Inequalities

Barbara Wolfe

Russell Sage Foundation, 2013

Social scientists have repeatedly uncovered a disturbing feature of economic inequality: people with larger incomes and better education tend to lead longer, healthier lives. This pattern holds across all ages and for virtually all measures of health, apparently indicating a biological dimension of inequality. But scholars have only begun to understand the complex mechanisms that drive this disparity. How exactly do financial well-being and human physiology interact? The Biological Consequences of Socioeconomic Inequalities incorporates insights from the social and biological sciences to quantify the biology of disadvantage and to assess how poverty gets under the skin to impact health. Drawing from unusually rich datasets of biomarkers, brain scans, and socioeconomic measures, Biological Consequences of Socioeconomic Inequalities illustrates exciting new paths to understanding social inequalities in health. Barbara Wolfe, William N. Evans and Nancy Adler begin the volume with a critical evaluation of the literature on income and health, providing a lucid review of the difficulties of establishing clear causal pathways between the two variables. In their chapter, Arun S. Karlamangla, Tara L. Gruenewald, and Teresa E. Seeman outline the potential of biomarkers—such as cholesterol, heart pressure, and C-reactive protein—to assess and indicate the factors underlying health. Edith Chen, Hannah M. C. Schreier, and Meanne Chan reveal the empirical power of biomarkers by examining asthma, a condition steeply correlated with socioeconomic status. Their analysis shows how stress at the individual, family, and neighborhood levels can increase the incidence of asthma. The volume then turns to cognitive neuroscience, using biomarkers in a new way to examine the impact of poverty on brain development. Jamie Hanson, Nicole Hair, Amitabh Chandra, Ed Moss, Jay Bhattacharya, Seth D. Pollack, and Barbara Wolfe use a longitudinal Magnetic Resonance Imaging (MRI) study of children between the ages of four and eighteen to study the link between poverty and limited cognition among children. Michelle C. Carlson, Christopher L. Seplaki, and Teresa E. Seeman also focus on brain development to examine the role of socioeconomic status in cognitive decline among older adults. Featuring insights from the biological and social sciences, Biological Consequences of Socioeconomic Inequalities will be an essential resource for scholars interested in socioeconomic disparities and the biological imprint that material deprivation leaves on the human body.
[more]
cover of The Black Boom

The Black Boom

Riley, Jason L.

Templeton Press, 2021

Economic inequality continues to be one of America’s most hotly debated topics. Still, there has been relatively little discussion of the fact that black-white gaps in joblessness, income, poverty and other measures were shrinking before the pandemic. Why was it happening, and why did this phenomenon go unacknowledged by so much media?

In The Black Boom, Jason L. Riley—acclaimed Wall Street Journal columnist and senior fellow at the Manhattan Institute—digs into the data and concludes that the economic lives of black people improved significantly under policies put into place during the Trump administration. To acknowledge as much is not to endorse the 45th president but to champion policies that achieve a clear moral objective shared by most Americans.

Riley argues that before the Covid-19 pandemic of 2020, the economic fortunes of blacks improved under Trump to an extent unseen under Obama and unseen going back several generations. Black unemployment and poverty reached historic lows, and black wages increased faster than white wages.

Less inequality is something that everyone wants, but disapproval of Trump’s personality and methods too often skewed the media’s appraisal of effective policies advocated by his administration. If we're going to make real progress in improving the lives of low-income minorities, says Riley, we must look beyond our partisan differences at what works and keep doing it. Unfortunately, many press outlets were unable or unwilling to do that.

Riley notes that political reporters were not unaware of this data. Instead, they chose to ignore or downplay it because it was inconvenient. In their view, Trump, because he was a Republican and because he was Trump, had it in for blacks, and thus his policy preferences would be harmful to minorities. To highlight that significant racial disparities were narrowing on his watch—that the administration’s tax and regulatory reforms were mainly boosting the working and middle classes rather than ‘the rich’—would have undermined a narrative that the media preferred to advance, regardless of its veracity.”

As with previous books in our New Threats to Freedom series, The Black Boom includes two essays from prominent experts who take issue with the author’s perspective. Juan Williams, a veteran journalist, and Wilfred Reilly, a political scientist, contribute thoughtful responses to Riley and show that it is possible to share a deep concern for disadvantaged groups while disagreeing on how best to help them.

[more]
cover of The Causes and Consequences of Increasing Inequality

The Causes and Consequences of Increasing Inequality

Edited by Finis Welch

University of Chicago Press, 2001

Despite the economic boom of the 1990s, the gap between the wealthy and the poor in the United States is growing larger. While ample evidence exists to validate perceived trends in wage, income, and overall wealth disparity, there is little agreement on the causes of such inequality and what might be done to alleviate it.

This volume draws together a panel of distinguished scholars who address these issues in terms comprehensible to noneconomists. Their findings are surprising, suggesting that factors such as trade imbalances, immigration rates, and differences in educational resources do not account for recent increases in the inequality of wealth and earnings. Rather, the contributors maintain that these discrepancies can be attributed to workplace demand for high-skilled labor. They also insist that further research must examine the organization of industry in order to better understand the concurrent devaluation of manual labor.

Addressing a topic that is of considerable public interest, this collection helps move the issue of increasing economic inequality in America to the center of the public policy arena.

Contributors: Donald R. Deere, Claudia Goldin, Lawrence F. Katz, James P. Smith, Franco Peracchi, Gary Solon, Eric A. Hanushek, Julie A. Somers, Marvin H. Kosters, William Cline, Finis Welch, Angus Deaton, Charles Murray, Kevin Murphy
[more]
cover of The Czech and Slovak Republics: Twenty years of Independence, 1993–2013

The Czech and Slovak Republics

Twenty years of Independence, 1993–2013

M. Mark Stolarik

Central European University Press, 2017

The essays in the book compare the Czech Republic and Slovakia since the breakup of Czechoslovakia in 1993. The papers deal with the causes of the divorce and discuss the political, economic and social developments in the new countries. This is the only English-language volume that presents the synoptic findings of leading Czech, Slovak, and North American scholars in the field.The authors include two former Prime Ministers of the Czech Republic and Slovakia, eight leading scholars (four Czechs and four Slovaks), and eight knowledgeable commentators from North America. The most significant new insight is that in spite of predictions by various pundits in the Western World that Czechia would flourish after the breakup and Slovakia would languish, the opposite has happened. While the Czech Republic did well in its early years, it is now languishing while Slovakia, which had a rough start, is now doing very well. Anyone interested in the history of the Czech and Slovak Republics over the last twenty years will find gratification in reading this book.
[more]
cover of The Dangerous Class: The Concept of the Lumpenproletariat

The Dangerous Class

The Concept of the Lumpenproletariat

Clyde W. Barrow

University of Michigan Press, 2020

Marx and Engels’ concept of the “lumpenproletariat,” or underclass (an anglicized, politically neutral term), appears in The Communist Manifesto and other writings. It refers to “the dangerous class, the social scum, that passively rotting mass thrown off by the lowest layers of old society,” whose lowly status made its residents potential tools of the capitalists against the working class. Surprisingly, no one has made a substantial study of the lumpenproletariat in Marxist thought until now. Clyde Barrow argues that recent discussions about the downward spiral of the American white working class (“its main problem is that it is not working”) have reactivated the concept of the lumpenproletariat, despite long held belief that it is a term so ill-defined as not to be theoretical. Using techniques from etymology, lexicology, and translation, Barrow brings analytical coherence to the concept of the lumpenproletariat, revealing it to be an inherent component of Marx and Engels’ analysis of the historical origins of capitalism. However, a proletariat that is destined to decay into an underclass may pose insurmountable obstacles to a theory of revolutionary agency in post-industrial capitalism. Barrow thus updates historical discussions of the lumpenproletariat in the context of contemporary American politics and suggests that all post-industrial capitalist societies now confront the choice between communism and dystopia.
 
[more]
cover of The Distributional Aspects of Social Security and Social Security Reform

The Distributional Aspects of Social Security and Social Security Reform

Edited by Martin Feldstein and Jeffrey B. Liebman

University of Chicago Press, 2002

Social security is the largest and perhaps the most popular program run by the federal government. Given the projected increase in both individual life expectancy and sheer number of retirees, however, the current system faces an eventual overload. Alternative proposals have emerged, ranging from reductions in future benefits to a rise in taxrevenue to various forms of investment-based personal retirement accounts.

As this volume suggests, the distributional consequences of these proposals are substantially different and may disproportionately affect those groups who depend on social security to avoid poverty in old age. Together, these studies persuasively show that appropriately designed investment-based social security reforms can effectively reduce the long-term burden of an aging society on future taxpayers, increase the expected future income of retirees, and mitigate poverty rates among the elderly.



[more]
cover of The Economy and Material Culture of Russia, 1600-1725

The Economy and Material Culture of Russia, 1600-1725

Richard Hellie

University of Chicago Press, 1999

In this extraordinary and definitive study of the Russian economy from 1600-1725, Richard Hellie offers a glimpse of the material life of the people of Muscovy during that tumultuous period—how they lived, what they ate, how they were taxed, what their wages allowed them to enjoy. Making these determinations required more than a decade of work and analysis of over 107,000 records. The resulting book devotes chapters to each category of consumer goods, in which transactions involving the product are summarized. Hellie further provides notes and commentary on the transactions to locate their place in the full Russian economy.

Impressive in scope and data analysis, Economy and Material Culture of Russia, 1600-1725 will be an invaluable resource and reference work for all readers interested in economic history and the history of material culture. Since there is no comparable one-volume work for any other society at any other time in history, Hellie's is a truly unique and profound achievement.

[more]
cover of The End Of Capitalism (As We Knew It): A Feminist Critique of Political Economy

The End Of Capitalism (As We Knew It)

A Feminist Critique of Political Economy

J. K. Gibson-Graham

University of Minnesota Press, 2006

In the mid-1990s, at the height of academic discussion about the inevitability of capitalist globalization, J. K. Gibson-Graham presented a groundbreaking and controversial argument for envisioning alternative economies. This new edition includes an introduction in which the authors address critical responses to The End of Capitalism and outline the economic research and activism they have been engaged in since the book was first published.

“Paralyzing problems are banished by this dazzlingly lucid, creative, and practical rethinking of class and economic transformation.” —Meaghan Morris, Lingnan University, Hong Kong

“Profoundly imaginative.” —Eve Kosofsky Sedgwick, City University of New York “Filled with insights, it is clearly written and well supported with good examples of actual, deconstructive practices.” —International Journal of Urban and Regional Research

J. K. Gibson-Graham is the pen name of Katherine Gibson and Julie Graham, feminist economic geographers who work, respectively, at the Australian National University in Canberra and the University of Massachusetts Amherst.
[more]
cover of The Fatal Conceit: The Errors of Socialism

The Fatal Conceit

The Errors of Socialism

F. A. Hayek

University of Chicago Press, 1988

Hayek gives the main arguments for the free-market case and presents his manifesto on the "errors of socialism." Hayek argues that socialism has, from its origins, been mistaken on factual, and even on logical, grounds and that its repeated failures in the many different practical applications of socialist ideas that this century has witnessed were the direct outcome of these errors. He labels as the "fatal conceit" the idea that "man is able to shape the world around him according to his wishes."

"The achievement of The Fatal Conceit is that it freshly shows why socialism must be refuted rather than merely dismissed—then refutes it again."—David R. Henderson, Fortune.

"Fascinating. . . . The energy and precision with which Mr. Hayek sweeps away his opposition is impressive."—Edward H. Crane, Wall Street Journal

F. A. Hayek is considered a pioneer in monetary theory, the preeminent proponent of the libertarian philosophy, and the ideological mentor of the Reagan and Thatcher "revolutions."
[more]
cover of The Future of Digital Surveillance: Why Digital Monitoring Will Never Lose Its Appeal in a World of Algorithm-Driven AI

The Future of Digital Surveillance

Why Digital Monitoring Will Never Lose Its Appeal in a World of Algorithm-Driven AI

Yong Jin Park

University of Michigan Press, 2021

Are humans hard-wired to make good decisions about managing their privacy in an increasingly public world? Or are we helpless victims of surveillance through our use of invasive digital media? Exploring the chasm between the tyranny of surveillance and the ideal of privacy, this book traces the origins of personal data collection in digital technologies including artificial intelligence (AI) embedded in social network sites, search engines, mobile apps, the web, and email. The Future of Digital Surveillance argues against a technologically deterministic view—digital technologies by nature do not cause surveillance. Instead, the shaping of surveillance technologies is embedded in a complex set of individual psychology, institutional behaviors, and policy principles.

[more]
cover of The Gratis Economy: Privately Provided Public Goods

The Gratis Economy

Privately Provided Public Goods

András Kelen

Central European University Press, 2002

A work in the relatively new field of economic sociology, this highly unconventional book deals with the logics of toll-free services and generalizes the notion of voluntary work toward encompassing everything that can be obtained free of charge in the world. The author claims that the publicity-driven gratis economy -– perhaps the greatest wealth-creator in history -– is integrating into the conventional non-profit sector. Kelen’s exploration of the gratis economy covers the three basic institutional sectors: nonprofit/voluntary, business and government. The ‘New Economy’ offers a wide range of services seemingly for free, but the costs are still supposed to be borne by some actors of the economy. The message of the book is very important: the motives of the gratis giving of goods or services can always be identified and could be explained either by ‘motivated giving’ or by ‘hidden marketing’. These motives often lie outside of the scope of traditional economics and may have strong political, sociological and/or psychological connotations. The Gratis Economy will be of interest to professors and students of applied economics and business schools, sociologists, to the e-business community, marketing practitioners, webspinners, infonauts, netizens, software developers and decision-makers of electronic media.
[more]
cover of The Great Recession

The Great Recession

David B. Grusky

Russell Sage Foundation, 2012

Officially over in 2009, the Great Recession is now generally acknowledged to be the most devastating global economic crisis since the Great Depression. As a result of the crisis, the United States lost more than 7.5 million jobs, and the unemployment rate doubled—peaking at more than 10 percent. The collapse of the housing market and subsequent equity market fluctuations delivered a one-two punch that destroyed trillions of dollars in personal wealth and made many Americans far less financially secure. Still reeling from these early shocks, the U.S. economy will undoubtedly take years to recover. Less clear, however, are the social effects of such economic hardship on a U.S. population accustomed to long periods of prosperity. How are Americans responding to these hard times? The Great Recession is the first authoritative assessment of how the aftershocks of the recession are affecting individuals and families, jobs, earnings and poverty, political and social attitudes, lifestyle and consumption practices, and charitable giving. Focused on individual-level effects rather than institutional causes, The Great Recession turns to leading experts to examine whether the economic aftermath caused by the recession is transforming how Americans live their lives, what they believe in, and the institutions they rely on. Contributors Michael Hout, Asaf Levanon, and Erin Cumberworth show how job loss during the recession—the worst since the 1980s—hit less-educated workers, men, immigrants, and factory and construction workers the hardest. Millions of lost industrial jobs are likely never to be recovered and where new jobs are appearing, they tend to be either high-skill positions or low-wage employment—offering few opportunities for the middle-class. Edward Wolff, Lindsay Owens, and Esra Burak examine the effects of the recession on housing and wealth for the very poor and the very rich. They find that while the richest Americans experienced the greatest absolute wealth loss, their resources enabled them to weather the crisis better than the young families, African Americans, and the middle class, who experienced the most disproportionate loss—including mortgage delinquencies, home foreclosures, and personal bankruptcies. Lane Kenworthy and Lindsay Owens ask whether this recession is producing enduring shifts in public opinion akin to those that followed the Great Depression. Surprisingly, they find no evidence of recession-induced attitude changes toward corporations, the government, perceptions of social justice, or policies aimed at aiding the poor. Similarly, Philip Morgan, Erin Cumberworth, and Christopher Wimer find no major recession effects on marriage, divorce, or cohabitation rates. They do find a decline in fertility rates, as well as increasing numbers of adult children returning home to the family nest—evidence that suggests deep pessimism about recovery. This protracted slump—marked by steep unemployment, profound destruction of wealth, and sluggish consumer activity—will likely continue for years to come, and more pronounced effects may surface down the road. The contributors note that, to date, this crisis has not yet generated broad shifts in lifestyle and attitudes. But by clarifying how the recession’s early impacts have—and have not—influenced our current economic and social landscape, The Great Recession establishes an important benchmark against which to measure future change.
[more]
cover of The History of Wisconsin, Volume V: War, a New Era, and Depression, 1914-1940

The History of Wisconsin, Volume V

War, a New Era, and Depression, 1914-1940

Paul W. Glad

Wisconsin Historical Society Press, 1990

The fifth volume in The History of Wisconsin series covers the years from the outbreak of World War I to the eve of American entry into World War II. In between, the rise of the woman's movement, the advent of universal suffrage, and the "great experiment" of Prohibition are explored, along with the contest between newly emergent labor unions and powerful business and industrial corporations. Author Paul W. Glad also investigates the Great Depression in Wisconsin and its impact on rural and urban families in the state. Photographs and maps further illustrate this volume which tells the story of one of the most exciting and stressful eras in the history of the state.

[more]
cover of The Impact of International Trade on Wages

The Impact of International Trade on Wages

Edited by Robert C. Feenstra

University of Chicago Press, 2000

Since the early 1980s, the U.S. economy has experienced a growing wage differential: high-skilled workers have claimed an increasing share of available income, while low-skilled workers have seen an absolute decline in real wages. How and why this disparity has arisen is a matter of ongoing debate among policymakers and economists. Two competing theories have emerged to explain this phenomenon, one focusing on international trade and labor market globalization as the driving force behind the devaluation of low-skill jobs, and the other focusing on the role of technological change as a catalyst for the escalation of high-skill wages.

This collection brings together innovative new ideas and data sources in order to provide more satisfying alternatives to the trade versus technology debate and to assess directly the specific impact of international trade on U.S. wages. This timely volume offers a thorough appraisal of the wage distribution predicament, examining the continued effects of technology and globalization on the labor market.
[more]
cover of The Invention of Capitalism: Classical Political Economy and the Secret History of Primitive Accumulation

The Invention of Capitalism

Classical Political Economy and the Secret History of Primitive Accumulation

Michael Perelman

Duke University Press, 2000

The originators of classical political economy—Adam Smith, David Ricardo, James Steuart, and others—created a discourse that explained the logic, the origin, and, in many respects, the essential rightness of capitalism. But, in the great texts of that discourse, these writers downplayed a crucial requirement for capitalism’s creation: For it to succeed, peasants would have to abandon their self-sufficient lifestyle and go to work for wages in a factory. Why would they willingly do this?
Clearly, they did not go willingly. As Michael Perelman shows, they were forced into the factories with the active support of the same economists who were making theoretical claims for capitalism as a self-correcting mechanism that thrived without needing government intervention. Directly contradicting the laissez-faire principles they claimed to espouse, these men advocated government policies that deprived the peasantry of the means for self-provision in order to coerce these small farmers into wage labor. To show how Adam Smith and the other classical economists appear to have deliberately obscured the nature of the control of labor and how policies attacking the economic independence of the rural peasantry were essentially conceived to foster primitive accumulation, Perelman examines diaries, letters, and the more practical writings of the classical economists. He argues that these private and practical writings reveal the real intentions and goals of classical political economy—to separate a rural peasantry from their access to land.
This rereading of the history of classical political economy sheds important light on the rise of capitalism to its present state of world dominance. Historians of political economy and Marxist thought will find that this book broadens their understanding of how capitalism took hold in the industrial age.



[more]
cover of The Life and Political Economy of Lauchlin Currie: New Dealer, Presidential Advisor, and Development Economist

The Life and Political Economy of Lauchlin Currie

New Dealer, Presidential Advisor, and Development Economist

Roger J. Sandilands

Duke University Press, 1990

Lauchlin Currie’s contribution to monetary theory and policies during the New Deal and in the postwar period when he became one of the most important economic advisors to several presidents of Colombia is the subject of this biography. Currie was a major economic advisor to president Franklin D. Roosevelt, and as his administrative assistant from 1939 until the president’s death in 1945 helped shape Roosevelt’s thinking on economic issues.
His involvement in U.S. policymaking in China, where he directed Lend-Lease operations from 1941-1943, was one of the factors leading to his confrontation with Senator Joseph McCarthy. In 1949 he directed the first World Bank mission to Colombia.
Roger Sandilands had access to Currie’s own papers and to previously unpublished material. In this biography he provides the reader with a critical evaluation of Currie’s contribution to the literature on the theory and practice of economic development in general, together with an analysis of how his concepts were shaped during the New Deal and in post-World War II Colombia.
[more]
cover of The Logistics Counterrevolution: Supply Chain Imperialism and Anticolonial Struggle

The Logistics Counterrevolution

Supply Chain Imperialism and Anticolonial Struggle

Charmaine Chua

University of Minnesota Press, 2027

How the global supply chain developed in response to postcolonial struggles for independence

No part of the global economy today remains untouched by the logistics sector. Each time we make a purchase online, buy a car, or shop for groceries, we interact with planetary supply chains that connect industrial, transport, and service workers across vast distances. The Logistics Counterrevolution critically reexamines the history of global logistics from the perspective of anticolonial struggles that coincided with its emergence. Positioning this history as a counterrevolution on behalf of powerful state and capitalist interests, Charmaine Chua underscores how subaltern resistance shaped the development of the supply chains, containerization, and maritime logistics that underpin our daily lives.

This book charts how the logistics economy emerged after World War II as a response to the perceived threat of national liberation and economic autonomy among developing nations. Drawing from case studies in Indonesia, Singapore, the Philippines, and in international institutions, Chua demonstrates how the global supply chain not only sped up the international circulation of goods but also enacted new forms of imperialism leveled against the emerging nations of the Global South.

With insights from Filipino seafarers, Amazon warehouse workers, postcolonial leaders, and shipping executives, The Logistics Counterrevolution uncovers the enormous infrastructures and economic mechanisms that sustain capital distribution systems across the world. Combining ethnography with historical research from company and colonial archives, this book offers a necessary reconsideration of the logistics industry by illuminating the internationalist struggles that precipitated its rise.

Retail e-book files for this title are screen-reader friendly with images accompanied by short alt text and/or extended descriptions.

[more]
cover of The Moneywasting Machine: Five Months Inside Serbia‘s Ministry of Economy

The Moneywasting Machine

Five Months Inside Serbia‘s Ministry of Economy

Dusan Pavlovic

Central European University Press, 2022

For five months in 2013–2014, Dušan Pavlović took time off from teaching to accept a senior position in Serbia’s Ministry of Economy. This short period was long enough for him to make a penetrating diagnosis of the economic activity of the postcommunist government. He found that a coterie of tycoons and politicians live off the wealth of the majority of citizens and smaller entrepreneurs, while the economy performs below its capacities. In academic terms, extractive economic institutions create allocative inefficiency.

Vivid, suggestive, and even entertaining accounts depict how privatization is administered and foreign investment projects are handled, and how party members, relatives, and friends are hired into public administration and state-owned companies. They show how the managers of firms that queue for state subsidies resist the systematic screening of their businesses. The principles of Keynesian economics are distorted and misused to conceal deliberate fiscal mismanagement. Huge ill-conceived development projects siphon taxpayers’ money from “non-economic” activities like social services, health, education, science, and culture.

What Pavlović found in Serbia is acutely symptomatic of many other European post-communist regimes of our time, lending his book singular importance.

[more]
cover of The Paradox of Progress: Economic Change, Individual Enterprise, and Politic Culture in Michigan, 1837-1878

The Paradox of Progress

Economic Change, Individual Enterprise, and Politic Culture in Michigan, 1837-1878

Martin J. Hershock

Ohio University Press, 2003

Americans have long recognized the central importance of the nineteenth-century Republican party in preserving the Union, ending slavery, and opening the way for industrial capitalism. On the surface, the story seems straightforward -- the party's “free labor” ethos, embracing the opportunity that free soil presented for social and economic mobility, and condemning the danger that slavery in the territories posed for that mobility, foreshadowed the GOP's later devotion to unfettered enterprise and industrial capitalism. In reality, however, the narrative thread is not so linear. This work examines the contradiction that lay at the heart of the supremely influential ideology of the early Republican party. The Paradox of Progress explores one of the most profound changes in American history -- the transition from the anti-market, anti-monopoly, and democratic ideology of Jacksonian America to the business-dominated politics and unregulated excesses of Gilded Age capitalism.

Guiding this transformation was the nineteenth-century Republican party. Drawing heavily from both the pro-market commitments of the early Whig party and the anti-capitalist culture of Jackson's Democratic party, the early Republican party found itself torn between these competing values. Nowhere was this contested process more obvious or more absorbing than in Civil War-era Michigan, the birthplace of the Republican party.

In The Paradox of Progress, a fascinating look at the central factors underlying the history of the GOP, Martin Hershock reveals how in their determination to resolve their ideological dilemma, Republicans of the Civil War era struggled to contrive a formula that wo uld enable them to win popular elections and to model America's acceptance of Gilded Age capitalism.
[more]
cover of The Persistence of Violence: Colombian Popular Culture

The Persistence of Violence

Colombian Popular Culture

Toby Miller

Rutgers University Press, 2020

Colombia’s headline story, about the peace process with guerrilla and its attendant controversies, does not consider the fundamental contradiction of a nation that spans generosity and violence, warmth and hatred—products of its particular pattern of invasion, dispossession, and enslavement. The Persistence of Violence fills that gap in understanding. Colombia is a place that is two countries in one—the ideal and the real—summed up in the idiomatic expression, not unique to Colombia, but particularly popular there, "Hecha la ley, hecha la trampa" (When you pass a law, you create a loophole). Less cynically, and more poetically, the Nobel Laureate Gabriel García Márquez deemed Colombians capable of both the most noble acts and the most abject ones, in a world where it seems anyone might do anything, from the beautiful to the horrendous.The Persistence of Violence draws on those contradictions and paradoxes to look at how violence—and resistance to it—characterize Colombian popular culture, from football to soap opera to journalism to tourism to the environment.
 
[more]
cover of The Political Economy of American Trade Policy

The Political Economy of American Trade Policy

Edited by Anne O. Krueger

University of Chicago Press, 1995

Exploring the political and economic determinants of trade protection, this study provides a wealth of information on key American industries and documents the process of seeking and conferring protection.

Eight analytical histories of the automobile, steel, semiconductor, lumber, wheat, and textile and apparel industries demonstrate that trade barriers rarely have unequivocal benefits and may be counterproductive. They show that criteria for awarding protection do not take into account the interests of consumers or other industries and that political influence and an organized lobby are major sources of protection.

Based on these findings, a final essay suggests that current policy fails to consider adequately economic efficiency, the public good, and indirect negative effects. This volume will interest scholars in economics, business, and public policy who deal with trade issues.
[more]
cover of The Political Economy of Artificial Intelligence

The Political Economy of Artificial Intelligence

Edited by Ajay Agrawal, Joshua Gans, Avi Goldfarb, and Catherine E. Tucker

University of Chicago Press, 2026

An authoritative look at how artificial intelligence both shapes and is shaped by the political and economic forces of the modern world.

As the effects of artificial intelligence are felt across economies and societies, many of its ramifications are still emerging. This volume brings together economists and political scientists to examine how AI intersects with regulation, military power, and political identity—offering analytical frameworks and identifying key open questions for future research.

The contributions address topics such as the allocation of property rights for AI inputs, trade-offs among alternative regulatory regimes, and the role of interest groups in shaping the technology’s trajectory. They explore how AI-related capabilities influence military effectiveness, resource allocation, and bargaining power among nations, and consider AI’s effects on political preferences, from the influence of AI-curated information on polarization to the implications of targeted political advertising and personalized education for national identity formation. The volume highlights key trade-offs that arise in AI’s political economy, and points toward empirical strategies and theoretical models that can advance understanding in this emerging field.

Drawing on diverse disciplinary perspectives, the collection provides a foundation for rigorous inquiry into how AI both shapes and is shaped by political and economic forces.

[more]
cover of The Political Economy of Brazil: Public Policies in an Era of Transition

The Political Economy of Brazil

Public Policies in an Era of Transition

Edited by Lawrence S. Graham and Robert H. Wilson

University of Texas Press, 1992

The transition from authoritarian to democratic government in Brazil unleashed profound changes in government and society that cannot be adequately understood from any single theoretical perspective. The great need, say Graham and Wilson, is a holistic vision of what occurred in Brazil, one that opens political and economic analysis to new vistas. This need is answered in The Political Economy of Brazil, a groundbreaking study of late twentieth-century Brazilian issues from a policy perspective.

The book was an outgrowth of a year-long policy research project undertaken jointly by the Lyndon B. Johnson School of Public Affairs and the Teresa Lozano Long Institute of Latin American Studies, both at the University of Texas at Austin. In this book, several noted scholars focus on specific issues central to an understanding of the political and economic choices that were under debate in Brazil. Their findings reveal that for Brazil the break with the past—the authoritarian regime—could not be complete due to economic choices made in the 1960s and 1970s, and also the way in which economic resources committed at that time locked the government into a relatively limited number of options in balancing external and internal pressures.

These conclusions will be important for everyone working in Latin American and Third World development.

[more]
cover of The Political Economy of Development: The World Bank, Neoliberalism and Development Research

The Political Economy of Development

The World Bank, Neoliberalism and Development Research

Edited by Kate Bayliss, Ben Fine, and Elisa Van Waeyenberge

Pluto Press, 2011

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.

[more]
cover of The Political Economy of Distributism: Property, Liberty, and the Common Good

The Political Economy of Distributism

Property, Liberty, and the Common Good

Alexander William Salter

Catholic University of America Press, 2023

In recent years, prominent scholars, public intellectuals, and politicians have advocated reforming America’s economic model to embrace “common-good capitalism.” Catholic social teaching is a major influence on this movement. Is common-good capitalism compatible with the historical American commitments to private property rights and ordered liberty? What resources from Catholic social teaching can help orient free enterprise towards the common good? This book is the first scholarly inquiry into these exciting new questions. We can better understand common-good capitalism by exploring the political economy of distributism. Formulated in the early 20th century by prominent Catholic intellectuals such as Hilaire Belloc and G.K. Chesterton, distributism emphasizes the importance of widely dispersed property ownership for human flourishing. Distributist thinkers, opposed both to capitalism and socialism, sought a humane approach to politics and economics that reflected the truths of Catholic social teaching. Some of the distributists’ claims about markets and government must be revised in light of contemporary social science. Nevertheless, their political-economic vision contains profound truths about the human condition, which social scientists would be unwise to ignore. Distributism’s insights about the nature of liberty and the social foundations of human dignity can improve ongoing conversations among economists, political scientists, and philosophers. The Political Economy of Distributism explores distributism both as a research program and a blueprint for political-economic reform. As many are reconsidering the relationship between markets and government, this timely book demonstrates the perennial relevance of the Catholic intellectual tradition to public affairs. Academics, public servants, policy experts, and concerned citizens can all benefit from this timely study of common-good capitalism’s prospects.
[more]
cover of The Political Economy of Dual Transformations: Market Reform and Democratization in Hungary

The Political Economy of Dual Transformations

Market Reform and Democratization in Hungary

David L. Bartlett

University of Michigan Press, 1997

In the early 1990s, scholars voiced skepticism about the capacity of Eastern Europe's new democracies to manage simultaneous political and economic reform. They argued that the surge of popular participation following democratization would thwart efforts by successor governments to enact market reforms that imposed high costs on major elements of post-Communist society. David Bartlett challenges the conventional wisdom regarding the hazards of "dual transformations": far from hindering marketization, democratization facilitated it. Bartlett argues that the transition to democracy in East Central Europe lowered the political barriers to market reforms by weakening the ability of actors most vulnerable to marketization to manipulate the existing institutional structure to stop or slow down the process.
Although the analysis focuses on Hungary, whose long history of market reforms makes it an ideal vehicle for assessing the impact of institutional change on reform policy, the author shows how his findings call into question the use of "shock therapy" and arguments, based on the experience in East Asia, that economic development and democratization are incompatible.
This book will appeal to economists, political scientists, and others interested in transition problems in formerly communist countries, democratic transitions, and the politics of stabilization and adjustment.
David L. Bartlett is Assistant Professor of Political Science, Vanderbilt University.
[more]
cover of The Political Economy of Expertise: Information and Efficiency in American National Politics

The Political Economy of Expertise

Information and Efficiency in American National Politics

Kevin M. Esterling

University of Michigan Press, 2004

The Political Economy of Expertise is a carefully argued examination of how legislatures use expert research and testimony. Kevin Esterling demonstrates that interest groups can actually help the legislative process by encouraging Congress to assess research and implement well-informed policies.

More than mere touts for the interests of Washington insiders, these groups encourage Congress to enact policies that are likely to succeed while avoiding those that have too great of a risk of failure. The surprising result is greater legislative efficiency. The Political Economy of Expertise illustrates that this system actually favors effective and informed decision making, thereby increasing the likelihood that new policies will benefit the American public.
Kevin M. Esterling is Assistant Professor at the University of California, Riverside.
[more]
cover of The Political Economy of Global Communication: An Introduction

The Political Economy of Global Communication

An Introduction

Peter Wilkin

Pluto Press, 2001

Recent debates surrounding human security have focused on the satisfaction of human needs as the vital goal for global development. Peter Wilkin highlights the limitations of this view and argues that unless we incorporate an account of human autonomy into human security then the concept is flawed. He reveals how human security is a concern with social relations that connect people in local, national and global networks of power, structured through capitalism and hierarchical inter-state systems. Autonomy, as an aspect of human security, depends upon the ability of citizens to gain information about the processes that shape their lives. In this respect autonomy and communication are inherently linked and are prerequisites for the establishment of meaningful democratic systems.

To what extent do developments in global communication enhance or undermine autonomy? As the world's media companies continue to merge, we are moving towards an ever more commercially driven system of global information. Wilkin argues that private ownership provides an increasingly powerful obstacle to human autonomy, and that the neo-liberal institutional and policy framework – now a global tendency – raises major problems for the attainment of human security. At the same time it has provided the ideological justification for the extension of private power into ever wider areas of public life. Changes in global communication reflect wider tendencies to enhance the power of global elites at the expense of working people and the author illustrates how and why these changes have taken place and the forms of opposition that have arisen in response to them.
[more]
cover of The Political Economy of Health in Africa: Mis Af#60

The Political Economy of Health in Africa

Mis Af#60

Toyin Falola

Ohio University Press, 1992

This book examines the major phases in the history of health services in Africa and treats health as an integral aspect of the deepening crisis in Africa’s underdevelopment. One important thesis is that Western delivery systems have made health care less accessible for most people. Contributors direct attention to problems engendered by food shortages, acute cases of infection, the market in fake drugs as well as the inequality of access to facilities, the violation of human rights, and the recent danger of the dumping of toxic wastes in several African countries. One major implication of this volume is that there can be no solution to the health crisis in Africa until the linkage between health and poverty is recognized. The authors consider questions that add to the contemporary discussion of the place that traditional African medicine and philosophy should take alongside modern Western medicine in Africa today.
[more]
cover of The Political Economy of Israel's Occupation: Repression Beyond Exploitation

The Political Economy of Israel's Occupation

Repression Beyond Exploitation

Shir Hever

Pluto Press, 2010

The Israeli occupation of the Palestinian territories since 1967 has many important economic aspects that are often overlooked. In this highly original book, Shir Hever shows that understanding the economic dimensions of the occupation is crucial to unravelling the Israeli-Palestinian conflict.

Hever rejects the premise that Israel keeps control over Palestinian territories for material gain, and also the premise that Israel is merely defending itself from Palestinian aggression. Instead, he argues that the occupation has reached an impasse, with the Palestinian resistance making exploitation of the Palestinians by Israeli business interests difficult, but the Israeli authorities reluctant to give up control.

With traditional economic analysis failing to explain this turn of events, this book will be invaluable for students, activists and journalists struggling to make sense of the complex issues surrounding Israel's occupation.

[more]
cover of The Political Economy of Latin America in the Postwar Period

The Political Economy of Latin America in the Postwar Period

Edited by Laura Randall

University of Texas Press, 1998

The historic and increasing interdependence of the Latin American and U.S. economies makes an understanding of the political economies of Latin American nations particularly timely and important. After World War II, many nations initially implemented import substituting industrialization policies. Their outcomes, and the shift in policies, are related to the domestic policies and world economic conditions that led to government deficits, inflation, foreign borrowing, debt renegotiation, and renewed emphasis on common markets and other devices to stimulate trade and investment.

In The Political Economy of Latin America in the Postwar Period, important policy measures are evaluated, such as indexation of prices and contracts; special provisions for financing the government through the Central Bank; stabilization; and deregulation of the economy.

The introduction presents trends in Latin American growth and the factors that influence them. This is followed by parallel studies of the economic development of Argentina, Brazil, Chile, Cuba, Ecuador, Mexico, and Peru from 1945 to the mid-1990s. Noted experts bring their considerable experience to analyzing the content and impact of the economic theories that guided policymaking and their effects on output, income, and quality of life.

[more]
cover of The Political Economy of NGOs: State Formation in Sri Lanka and Bangladesh

The Political Economy of NGOs

State Formation in Sri Lanka and Bangladesh

Jude L. Fernando

Pluto Press, 2011

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.

[more]
cover of The Political Economy of Pipelines: A Century of Comparative Institutional Development

The Political Economy of Pipelines

A Century of Comparative Institutional Development

Jeff D. Makholm

University of Chicago Press, 2012

With global demand for energy poised to increase by more than half in the next three decades, the supply of safe, reliable, and reasonably priced gas and oil will continue to be of fundamental importance to modern economies. Central to this supply are the pipelines that transport this energy. And while the fundamental economics of the major pipeline networks are the same, the differences in their ownership, commercial development, and operation can provide insight into the workings of market institutions in various nations.
           
Drawing on a century of the world’s experience with gas and oil pipelines, this book illustrates the importance of economics in explaining the evolution of pipeline politics in various countries. It demonstrates that institutional differences influence ownership and regulation, while rents and consumer pricing depend on the size and diversity of existing markets, the depth of regulatory institutions, and the historical structure of the pipeline businesses themselves. The history of pipelines is also rife with social conflict, and Makholm explains how and when institutions in a variety of countries have controlled pipeline behavior—either through economic regulation or government ownership—in the public interest.
[more]
cover of The Political Economy of Protest and Patience: East European and Latin American Trasformations Compared

The Political Economy of Protest and Patience

East European and Latin American Trasformations Compared

Béla Greskovits

Central European University Press, 1998

Despite gloomy prophecies, democracy and the market economy seem to be taking root throughout Central and Eastern Europe, although set against a background of a recession deeper and longer than that of the Great Depression. How is this possible? Why did Eastern Europeans protest less about the brutal social consequences of systemic change than the people of Latin America a decade earlier? Why has the region-wide authoritarian or populist turnabout not occurred? Why has democracy in these countries proved to be crisis-proof? In what ways has economic crisis impacted on the politics of the region?

In addressing these questions, Béla Greskovits uses a comparative analysis of the structures, institutions, cultures, and actors shaping both the Eastern European and the Latin American transformations. He argues that structural, institutional, and cultural factors have put a brake on destabilizing collective actions and have paved the way for the emergence of the enduring, low-level equilibrium between incomplete democracy and imperfect market economy which seems set to characterize the Central and Eastern European experience for the foreseeable future.

[more]
cover of The Political Economy of Regional Peacemaking

The Political Economy of Regional Peacemaking

Edited by Steven E. Lobell and Norrin M. Ripsman

University of Michigan Press, 2016

In The Political Economy of Regional Peacemaking, scholars examine the efficacy of trade agreements, economic sanctions, and other strategies of economic statecraft for the promotion of peace both between rival states and across conflict-ridden regions more generally. In the introduction, Steven E. Lobell and Norrin M. Ripsman pose five central questions: (1) What types of economic statecraft, including incentives and sanctions, can interested parties employ? (2) Who are the appropriate targets in the rival states—state leaders, economic and social elites, or society as whole? (3) When should specific economic instruments be used to promote peace—prior to negotiations, during negotiations, after signature of the treaty, or during implementation of the treaty? (4) What are the limits and risks of economic statecraft and economic interdependence? (5) How can economic statecraft be used to move from a bilateral peace agreement to regional peace?

The chapters that follow are grouped in three sections, corresponding to the three stages of peacemaking: reduction or management of regional conflict; peacemaking or progress toward a peace treaty; and maintenance of bilateral peace and the regionalization of the peace settlement. In each chapter, the contributors consider the five key questions from a variety of methodological, historical, cultural, and empirical perspectives, drawing data from the Pacific, the Middle East, Europe, Asia, and Latin America. The conclusion expands on several themes found in the chapters and proposes an agenda for future research.

[more]
cover of The Political Economy of Stigma: HIV, Memoir, Medicine, and Crip Positionalities

The Political Economy of Stigma

HIV, Memoir, Medicine, and Crip Positionalities

Ally Day

The Ohio State University Press, 2021

Winner, 2022 Alison Piepmeier Prize from the National Women’s Studies Association

In The Political Economy of Stigma, Ally Day offers a compelling critique of neoliberal medical practices in the US by coupling an analysis of HIV memoir with a critical examination of narrative medicine practice. Using insights from feminist disability studies and crip theory, Day argues that stories of illness and disability—such as HIV memoirs—operate within a political economy of stigma, which she defines as the formal and informal circulation of personal illness and disability narratives that benefits some while hindering others. On the one hand, this system decreases access to appropriate medical care for those with chronic conditions by producing narratives of personal illness that frame one’s relationship to structural inequality as a result of personal failure. On the other hand, the political economy of stigma rewards those who procure such narratives and circulate them for public consumption.

The political economy of stigma is theorized from three primary research sites: a reading group with women living with HIV, a reading group with AIDS service workers, and participant observation research and critical close reading of practices in narrative medicine. Ultimately, it is the women living with HIV who provide an alternative way to understand disability and illness narratives, a practice of differential reading that can challenge stigmatizing tropes and reconceptualize the creation, reception, and circulation of patient memoir.
 
[more]
cover of The Political Economy of Tax Reform

The Political Economy of Tax Reform

Edited by Takatoshi Ito and Anne O. Krueger

University of Chicago Press, 1992

The rapid emergence of East Asia as an important geopolitical-economic entity has been one of the most visible and striking changes in the international economy in recent years. With that emergence has come an increased need for understanding the problems of interdependence. As a step toward meeting this need, the National Bureau of Economic Research joined with the Korea Development Institute to sponsor this volume, which focuses on the complexities of tax reform in a global economy.

Experts from Taiwan, Korea, the Philippines, Japan, and Thailand, as well as the United States, Canada, and Israel examine the major tax programs of the 1980s and their domestic and international economic effects. The analyses reveal similarities between the United States and countries in East Asia in political constraints on policy making, and taken together they show how growing interdependence interacts with domestic economic and political concerns to affect issues as politically vital as tax reform. Economists, policymakers, and members of the business community will benefit from these studies.
[more]
cover of The Political Economy of Third World Intervention: Mines, Money, and U.S. Policy in the Congo Crisis

The Political Economy of Third World Intervention

Mines, Money, and U.S. Policy in the Congo Crisis

David N. Gibbs

University of Chicago Press, 1991

Interventionism—the manipulation of the internal politics of one country by another—has long been a feature of international relations. The practice shows no signs of abating, despite the recent collapse of Communism and the decline of the Cold War.

In The Political Economy of Third World Intervention, David Gibbs explores the factors that motivate intervention, especially the influence of business interests. He challenges conventional views of international relations, eschewing both the popular "realist" view that the state is influenced by diverse national interests and the "dependency" approach that stresses conflicts between industrialized countries and the Third World. Instead, Gibbs proposes a new theoretical model of "business conflict" which stresses divisions between different business interests and shows how such divisions can influence foreign policy and interventionism. Moreover, he focuses on the conflicts among the core countries, highlighting friction among private interests within these countries.

Drawing on U.S. government documents—including a wealth of newly declassified materials—he applies his new model to a detailed case study of the Congo Crisis of the 1960s. Gibbs demonstrates that the Crisis is more accurately characterized by competition among Western interests for access to the Congo's mineral wealth, than by Cold War competition, as has been previously argued.

Offering a fresh perspective for understanding the roots of any international conflict, this remarkably accessible volume will be of special interest to students of international political economy, comparative politics, and business-government relations.

"This book is an extremely important contribution to the study of international relations theory; Gibbs' treatment of the Congo case is superb. He effectively takes the "statists" to task and presents a compelling new way of analyzing external interventions in the Third World."—Michael G. Schatzberg, University of Wisconsin

"David Gibbs makes an original and important contribution to our understanding of the influence of business interests in the making of U.S. foreign policy. His business conflict model provides a synthetic theoretical framework for the analysis of business-government relations, one which yields fresh insights, overcomes inconsistencies in other approaches, and opens new ground for important research. . . . [Gibbs] provides a sophisticated analysis of the conflicts within the U.S. business community and identifies the complex ways in which they interacted with agencies within the government to form U.S. foreign policy toward the Congo. . . . This is a well-crafted analysis of a critical case of U.S. postwar intervention which should be of general interest to scholars and others concerned with the domestic bases of foreign policy."—Thomas J. Biersteker, Director, School of International Relations, University of Southern California
[more]
cover of The Political Economy of Trade Protection

The Political Economy of Trade Protection

Edited by Anne O. Krueger

University of Chicago Press, 1995

This clear, concise summary of the in-depth analyses presented in The Political Economy of American Trade Policy examines the level, form, and evolution of American trade protection.

In case studies of trade barriers imposed during the 1980s to help the steel, semiconductor, automobile, lumber, wheat, and textile and apparel industries, the contributors trace the evolution of efforts to obtain protection, protectionist measures, and their results. A chapter assessing the common themes that emerge from the studies concludes that the focus of current trade law is exclusively on the individual protection-seeking industries, with little regard for indirect effects on using industries or for consumers. Reform could usefully take these effects into account.

This volume will interest policymakers, business executives, and anyone interested in trade policy formulation and practice.
[more]
cover of The Political Economy of Turkey

The Political Economy of Turkey

Zulkuf Aydin

Pluto Press, 2005

This book analyses the political and socio-economic problems faced by Turkey in recent decades and the country's gradual integration into the global economy. Since the 1970s, Turkey has faced some of the most serious crises since the Republic was established in 1923. Social unrest, political and ethnic violence, paralysis of the state bureaucracy and other institutions, increasing foreign debt, decreasing economic growth, vast inflation and increasing unemployment have all been part of everyday life in Turkey's recent history. The author argues that this state of affairs is symptomatic of a deeper, more enduring crisis arising from the way in which Turkey has been integrated into the global economy. He shows how, like many other developing countries, Turkey has become reliant on foreign investment and international financial institutions, and he offers a broader critique of globalisation in this light. Topics covered include democracy, repression, the military, the Kurdish question and regional inequalities, civil society, human rights and Islamic fundamentalism.
[more]
cover of The Political Economy of the Brazilian State, 1889–1930

The Political Economy of the Brazilian State, 1889–1930

By Steven Topik

University of Texas Press, 1987

In this first overview of the Brazilian republican state based on extensive primary source material, Steven Topik demonstrates that well before the disruption of the export economy in 1929, the Brazilian state was one of the most interventionist in Latin America. This study counters the previous general belief that before 1930 Brazil was dominated by an export oligarchy comprised of European and North American capitalists and that only later did the state become prominent in the country’s economic development.

Topik examines the state’s performance during the First Republic (1889–1930) in four sectors—finance, the coffee trade, railroads, and industry. By looking at the controversies in these areas, he explains how domestic interclass and international struggles shaped policy and notes the degree to which the state acted relatively independently of civil society.

Topik’s primary concern is the actions of state officials and whether their decisions reflected the demands of the ruling class. He shows that conflicting interests of fractions of the ruling class and foreign investors gradually led to far greater state participation than any of the participants originally desired, and that the structure of the economy and of society—not the intentions of the actors—best explains the state’s economic presence.

[more]