CiteULike: heraclitus's empiricial-historical

When does growth trickle down to the poor? The Indian case

Santonu Basu — 2008-07-25T14:45:36-00:00

Camb. J. Econ., Vol. 32, No. 3. (1 May 2008), pp. 461-477.

A theoretical analysis and several econometric tests have been undertaken to examine whether the trickle down effect took place in rural India over a long time period. We found little evidence to suggest that the trickle down effect had occurred at all; our analysis suggests that the emergence of capital-labour substitution was primarily responsible for preventing growth from reducing poverty. The decline in poverty and a higher growth rate that took place during the late 1970s and 1980s were largely a result of government anti-poverty measures teamed with the more equitable distribution of credit and inputs to smaller and marginal farmers. 10.1093/cje/bem053

Internalizing Globalization: The Rise of Neoliberalism and the Decline of National Varieties of Capitalism (International Political Economy Series)

2008-06-01T15:32:02-00:00

(16 November 2005)

This book explores how a wide range of countries attempt to cope with the challenges of globalization. While the internalization of globalization proceeds in significantly different ways, there is a broad process of convergence taking place around the politics of neoliberalism and a more market-oriented version of capitalism. The book examines how distinct social structures, political cultures, patterns of party and interest group politics, classes, public policies, liberal democratic and authoritarian institutions, and the discourses that frame them, are being reshaped by political actors. Chapters cover national experiences from Europe and North America to Asia and Latin America (Chile, Mexico, and Peru).

The Super-Rich: The Unjust New World of Global Capitalism

Stephen Haseler — 2008-06-01T15:00:11-00:00

(05 May 2000)

This book describes the dangerous growing tensions caused throughout the West by triumphant new global capitalism. The author outlines how a new global super rich caste has emerged during a period in which the traditional "middle class" is facing serious insecurity and income loss. He argues that this new super rich capitalism, if not balanced by a renewal of the state and community, will not only destroy politics and governance, but democracy as well.

Working the Spaces of Neoliberalism: Activism, Professionalization and Incorporation (Antipode Book Series)

2008-06-01T14:59:08-00:00

(14 December 2005)

This collection offers a new way of looking at neoliberalisation and new understandings of contemporary processes of professionalisation. * This collection offers a new way of looking at neoliberalisation. * Presents new understandings of contemporary processes of professionalisation. * Draws on new, original research. * Features studies from the Global North and the Global South.

Remaking the Global Economy: Economic-Geographical Perspectives: Economic-geographical Perspectives

2008-06-01T14:56:47-00:00

(07 August 2003)

**`**This book skillfully navigates the shoals of place and space to explain the intricacies of globalization. For those interested in the changing geography of global capitalism, Peck and Yeung is a "must read"' - **_James H Mittelman, American University _ Remaking the Global Economy** offers a state -of-the-art survey of geographical perspectives on the restructuring and reorganization of the global economy. With contributions from leading figures in the globalization debate, the book explores the latest thinking and research, as well as the enduring controversies, across a range of interrelated issues, including: - firm strategies and business knowledge - interactions between firms and nation states - production and innovation systems - transnationalism and labour markets - state restructuring. Each of the specially commissioned chapters presents interdisciplinary insights into the complex processes of economic globalization and their impact on the organization of firms, markets, industries, regions, and institutions. An integrated and comprehensive account, this is a résumé of the latest work in the literature on globalization that will provide a detailed map of the geography of the global economy. (20060214)

Remaking New York: Primitive Globalization and the Politics of Urban Community (Globalization & Community Series)

William Sites — 2008-06-01T14:54:32-00:00

(15 May 2003)

Inequality increases, instability grows, communities fragment: this is the fate of a city in the wake of globalization-but is globalization really the cause? Proposing a new perspective on politics, globalization, and the city, this provocative book argues that such urban problems result in part from U.S. policies that can be changed. William Sites develops the concept of primitive globalization, identifying a pattern of reactive politics-ad hoc measures to subsidize business, displace the urban poor, and dismantle the welfare state-that uproots social actors (corporations, citizens, urban residents) and facilitates a damaging, short- term-oriented type of international integration. In light of this theory, Sites examines the transformation of New York City since the 1970s, focusing on the logic of political action at national, local, and neighborhood levels. In the process, the story of late twentieth-century New York and its Lower East Side community emerges as something different: not a tale of globalist transformation or of local resurgence but a distinctly American case, one in which urban politics and the state, in their own right, exacerbate inequality and community fragmentation within the city. William Sites is associate professor in the School of Social Service Administration at the University of Chicago.

The Paradox of Democratic Capitalism: Politics and Economics in American Thought

DF Prindle — 2008-06-01T13:34:37-00:00

(01 September 2006)

A truly interdisciplinary enterprise, The Paradox of Democratic Capitalism examines the interplay of ideas about politics, economics, and law in American society from the pre-revolutionary era to the eve of the September 11 attacks. David F. Prindle argues that while the United States was founded on liberalism, there is constant tension between two ideals of the liberal tradition: capitalism and democracy. Tracing the rise of natural law doctrine from neoclassical economics, Prindle examines the influence of economic development in late medieval society on the emergence of classical liberalism in early America and likens that influence to the impact of orthodox economics on contemporary American society. Prindle also evaluates political, economic, and legal ideas through the lens of his own beliefs. He warns against the emerging extremes of liberal ideology in contemporary American politics, where the right's definition of capitalism excludes interference from democratic publics and the left's definition of democracy excludes a market-based economy.

Making Sweatshops: The Globalization of the U.S. Apparel Industry

EI Rosen — 2008-06-01T13:07:09-00:00

(06 December 2002)

The only comprehensive historical analysis of the globalization of the U.S. apparel industry, this book focuses on the reemergence of sweatshops in the United States and the growth of new ones abroad. Ellen Israel Rosen, who has spent more than a decade investigating the problems of America's domestic apparel workers, now probes the shifts in trade policy and global economics that have spawned momentous changes in the international apparel and textile trade. _Making Sweatshops _asks whether the process of globalization can be promoted in ways that blend industrialization and economic development in both poor and rich countries with concerns for social and economic justice-- especially for the women who toil in the industry's low-wage sites around the world. Rosen looks closely at the role trade policy has played in globalization in this industry. She traces the history of current policies toward the textile and apparel trade to cold war politics and the reconstruction of the Pacific Rim economies after World War II. Her narrative takes us through the rise of protectionism and the subsequent dismantling of trade protection during the Reagan era to the passage of NAFTA and the continued push for trade accords through the WTO. Going beyond purely economic factors, this valuable study elaborates the full historical and political context in which the globalization of textiles and apparel has taken place. Rosen takes a critical look at the promises of prosperity, both in the U.S. and in developing countries, made by advocates for the global expansion of these industries. She offers evidence to suggest that this process may inevitably create new and more extreme forms of poverty.

Macroeconomic Forecasting: A Sociological Appraisal (Routledge Studies in the Modern World Economy)

Robert Evans — 2008-06-01T13:06:20-00:00

(24 June 1999)

Drawing on interviews with the UK government's Panel of Independent Forecasters, the author shows how economic models, forecasts and policy analysis depend crucially upon the judgements of economists.

Globalisation and Social Change: People and Places in a Divided World

Diane Perrons — 2008-06-01T10:58:41-00:00

(01 April 2004)

Detailed comparative and illuminating case studies from a wide range of countries document and explain how and why different people in different places are affected by and in turn affect these processes. The book concludes that contemporary inequalities are widening, that divisions by social class, ethnicity and gender are in some ways becoming more significant than divisions between nations, suggesting that new systems of governance are necessary for social tranquility in the new millennium.

Globalisation, Social Capital and Inequality: Contested Concepts, Contested Experiences (European Association for Evolutionary Political Economy)

2008-06-01T10:57:42-00:00

(27 March 2003)

This volume investigates the relationship between globalization, inequality and social capital, and reveals that although strongly related, these ideas are also highly contested. The authors elucidate the interactions between these concepts, looking in detail at the conflicts and competitiveness which can arise at both the national and organizational level. The authors examine public and private sector reforms in relation to globalization and inequality, highlight the tensions between global governance and societal resistance, and demonstrate how social capital contributes to systemic competitiveness. More specifically, a number of topical case studies, which focus on a variety of issues, clearly show the contested experiences of globalization, inequality and social capital. These include: the introduction of ISO standards; the transformation of the Czech Republic; reforms in the British National Health Service; a comparison of the adoption of new forms of management in the US and the Netherlands; and the role of consultancies in regional economic development. These studies highlight the formal and informal boundaries which exist between different groups in society. Although these boundaries do resist change, at the same time they are flexible and - so the authors argue - can therefore play a significant role in shaping the dynamics of society and the economy. The multidisciplinary approach and the variety of case studies will make this book required reading for institutional and international economists, political and social scientists, and scholars of international relations, management and organization.

From Keynesianism to Monetarism: Evolution of the UK Macroeconometric Models

Peter Kenway — 2008-06-01T10:52:43-00:00

An understanding of why Keynesianism gave way to Monetarism is a crucial element in dealing with the mass unemployment of the 1990s. In ******_From Keynesianism to Monetarism,_** Peter Kenway examines the evolution of the macroeconometric models of the British economy from the late 1960s onwards. These models were created by some of the leading academic economists who sought to radically alter the conduct of economic policy in Britain. Analyzing the models and the extensive documentation about them, Kenway provides valuable insight into the arguments behind proposed policies. He accounts for the momentous shift from the Keynesianism of the post-war period to the Monetarism of the last two decades and shows how understanding the evolution of the macroeconometric models can have important repercussions for current debates on how to avoid economic depression and slump.

Deconstructing Reagan: Conservative Mythology and America's Fortieth President

Kyle Longley — 2008-06-01T10:26:35-00:00

(15 January 2007)

The Cancer Stage of Capitalism: And Its Cure

John Mcmurtry — 2008-06-01T10:11:00-00:00

(14 December 1998)

The Sociology and Professionalization of Economics: British and American Economic Essays: Vol 2 (British & American Economic Essays)

AW Coats — 2008-05-31T15:40:48-00:00

(28 October 1993)

A. W. Coats has made unique contributions to the history of economic thought, the sociology of economics, and economic methodology. This newest volume in the series _British and American Economic Essays_ is the first to draw together a substantial portion of his work on the sociology and professionalization of economics. This volume contains the work for which Coats is perhaps most widely known. It gathers his essays on the social nature of economics as a science, the origin and history of some of the institutions which have done the most to shape the development of the discipline, and the issue of economics as a profession. As with the other volumes in the series, there is a particular emphasis on the similarity and differences between economics and economists in Britain and in North America.

Dangerous Currents: The State of Economics (Library of Political Economy)

Lester Thurow — 2008-05-31T15:31:05-00:00

(27 October 1983)

Homo academicus.

Pierre Bourdieu — 2008-05-31T15:18:05-00:00

(30 June 1992)

The Weight of the World: Social Suffering in Contemporary Society: Social Suffering and Impoverishment in Contemporary Society

Pierre Bourdieu — 2008-05-31T15:11:22-00:00

(30 December 1999)

This book can be read like a series of short stories - the story of a steel worker who was laid off after twenty years in the same factory and who now struggles to support his family on unemployment benefits and a part-time job; the story of a trade unionist who finds his goals undermined by the changing nature of work; the story of a family from Algeria living in a housing estate in the outskirts of Paris whose members have to cope with pervasive, everyday forms of racism; the story of a school teacher confronted with urban violence; and many others as well. Reading these stories enables one to understand these people's lives and the forms of social suffering which are part of them. And the reader will see that this book offers not only a distinctive method for analysing social life, but also another way of practising politics.

The Social Structures of the Economy

Pierre Bourdieu — 2008-05-31T15:09:24-00:00

(02 March 2005)

Much orthodox economic theory is based on assumptions which are treated as self-evident: supply and demand are regarded as independent entities, the individual is assumed to be a rational agent who knows his interests and how to make decisions corresponding to them, and so on. But one has only to examine an economic transaction closely, as Pierre Bourdieu does here for the buying and selling of houses, to see that these abstract assumptions cannot explain what happens in reality. As Bourdieu shows, the market is constructed by the state, which can decide, for example, whether to promote private housing or collective provision. And the individuals involved in the transaction are immersed in symbolic constructions which constitute, in a strong sense, the value of houses, neighbourhoods and towns. The abstract and illusory nature of the assumptions of orthodox economic theory has been criticised by some economists, but Bourdieu argues that we must go further. Supply, demand, the market and even the buyer and seller are products of a process of social construction, and so-called ‘economic' processes can be adequately described only by calling on sociological methods. Instead of seeing the two disciplines in antagonistic terms, it is time to recognize that sociology and economics are in fact part of a single discipline, the object of which is the analysis of social facts, of which economic transactions are in the end merely one aspect. This brilliant study by the most original sociologist of post-war France will be essential reading for students and scholars of sociology, economics, anthropology and related disciplines.

What Does the Ruling Class do When it Rules?

Goran Therborn — 2008-05-31T14:15:19-00:00

(01 January 2008)

**The radical sociologist analyzes the practices of the elite.** "Verso's beautifully designed _Radical Thinkers_ series, which brings together seminal works by leading left-wing intellectuals, is a sophisticated blend of theory and thought. The authors whose writings are included in the series have worked tirelessly to expose the mechanisms by which culture and knowledge are manufactured, managed and controlled."—Ziauddin Sardar, _New Statesman_

From Welfare State to Real Estate: Regime Change in New York City, 1974 to the Present

Kim Moody — 2008-05-24T19:21:33-00:00

(01 May 2007)

**_City of Quartz_ meets _Gotham_—the dark side of the glittering metropolis.** New York is a city of outlandish wealth and extreme deprivation, where the abundance of high-rise office space and luxury housing belies a poverty rate of nearly twice the national average. In _From Welfare State to Real Estate_, prominent labor activist Kim Moody argues that the city's business elite has tilted the political structure toward an agenda that puts real estate development ahead of human needs. The result is a new Gilded Age in America's first city, overseen by the nation's first billionaire mayor. Tracing this trend to its roots in 1975, when New York's once-generous welfare state was abandoned during a time of financial crisis, Moody shows how business leaders managed to seize an unprecedented degree of influence in local politics. From Koch to Bloomberg, the developmental bulldozer has extended its reach, placing more pressure on the city's beleaguered and divided working class. _From Welfare State to Real Estate_ offers the first historical narrative of the key turning points in this process, from the redevelopment of Times Square to the current fight over Brooklyn's Atlantic Yards. It looks beneath the skyline to analyze the power struggles that have shaped this global city in the twenty-first century.

The Roaring Nineties: Why We're Paying the Price for the Greediest Decade in History

Joseph Stiglitz — 2008-05-20T13:19:33-00:00

(03 June 2004)

The Neoliberal City: Governance, Ideology, and Development in American Urbanism by Jason Hackworth

Peck — 2007-11-16T20:47:57-00:00

Annals of the Association of American Geographers, Vol. 97, No. 4. (December 2007), pp. 806-809.

The Rebirth of the Liberal Creed: Paths to Neoliberalism in Four Countries

Marion Fourcade-Gourinchas — 2008-05-16T15:52:56-00:00

American Journal of Sociology, Vol. 108, No. 3. (November 2002), pp. 533-579.

Neoliberalism: A Critical Reader

2008-04-21T04:56:06-00:00

(04 February 2005)

The Terror of Neoliberalism (Cultural Politics & the Promise of Democracy)

Henry Giroux — 2005-11-12T20:18:21-00:00

(30 September 2004)

Neo-liberalism has become the most influential ideology of our times. It guides both Democratic and Republican policies and, increasingly, those of European and developing countries worldwide. Influential cultural critic Henry Giroux assesses the impact of neoliberalism and points in this book to better approaches to building real democracy. <P>Neoliberalism, too commonly regarded an economic theory, is a complex of values, ideologies, and practices that work more broadly as a "cultural field." Giroux argues that its cultural dimensions erode the public participation that is the very foundation of democratic life. Under neoliberal policies, Giroux shows, populations are increasingly denied the symbolic, educational, and economic capital necessary for engaged citizenship. Giroux assesses the impact of neoliberalism on the language of democracy, race, education, and the media, offering alternatives necessary to restore our democratic institutions.

Neoliberalism as Exception: Mutations in Citizenship and Sovereignty

Aihwa Ong — 2007-05-26T14:16:02-00:00

(25 August 2006)

Neoliberalism is commonly viewed as an economic doctrine that seeks to limit the scope of government. Some consider it a form of predatory capitalism with adverse effects on the Global South. In this groundbreaking work, Aihwa Ong offers an alternative view of neoliberalism as an extraordinarily malleable technology of governing that is taken up in different ways by different regimes, be they authoritarian, democratic, or communist. Ong shows how East and Southeast Asian states are making exceptions to their usual practices of governing in order to position themselves to compete in the global economy. As she demonstrates, a variety of neoliberal strategies of governing are re-engineering political spaces and populations. Ong’s ethnographic case studies illuminate experiments and developments such as China’s creation of special market zones within its socialist economy; pro-capitalist Islam and women’s rights in Malaysia; Singapore’s repositioning as a hub of scientific expertise; and flexible labor and knowledge regimes that span the Pacific.<BR><BR>Ong traces how these and other neoliberal exceptions to business as usual are reconfiguring relationships between governing and the governed, power and knowledge, and sovereignty and territoriality. She argues that an interactive mode of citizenship is emerging, one that organizes people—and distributes rights and benefits to them—according to their marketable skills rather than according to their membership within nation-states. Those whose knowledge and skills are not assigned significant market value—such as migrant women working as domestic maids in many Asian cities—are denied citizenship. Nevertheless, Ong suggests that as the seam between sovereignty and citizenship is pried apart, a new space is emerging for NGOs to advocate for the human rights of those excluded by neoliberal measures of human worthiness.

Limits to Growth: The 30-Year Update

Donella Meadows — 2005-09-22T17:28:32-00:00

(28 June 2004)

Written in refreshingly accessible prose, Limits to Growth: The 30-Year Update is a long anticipated revival of some of the original voices in the growing chorus of sustainability. Limits to Growth: The 30 Year Update is a work of stunning intelligence that will expose for humanity the hazy but critical line between human growth and human development.

Planet of Slums

Mike Davis — 2008-05-11T20:30:12-00:00

(01 September 2007)

<B>Celebrated urban historian's bestselling account of the global explosion of slums, with a major new introduction.</B><BR><BR>According to the United Nations, more than one billion people now live in the slums of the cities of the South. In this brilliant and influential book, Mike Davis explores the future of a radically unequal and explosively unstable urban world. From the sprawling barricadas of Lima to the garbage hills of Manila, urbanization has been disconnected from industrialization, even economic growth. Davis portrays a vast humanity warehoused in shantytowns and exiled from the formal world economy. He argues that the rise of this informal urban proletariat is a wholly unforeseen development and asks whether the great slums are, as a terrified Victorian middle class once imagined, volcanoes waiting to erupt.

Assassination of New York

Robert Fitch — 2008-05-11T20:26:53-00:00

(01 February 1996)

Robert Fitch's <I>The Assassination of New York</I> unearthed Gotham's great secret: how its multinational banks and landowning families, led by the Rockefellers, scuttled the City's matchless port and planned the destruction of its once rich manufacturing base. <P>In this fascinating new edition, Fitch shows how Giuliani provided a record transfer of wealth from welfare poor to real estate rich. His most lasting legacy turns out to be the accumulation of the greatest debt in urban history, turning New York into the Enron of cities. The city and the state now owe more than Argentina. Schools earmarked for money remain dilapidated. Billions disappeared into organized crime- dominated precincts. <P>Fitch updates his classic story of how the capitol of free enterprise was built by state planning and maintained by city subsidies. He adds an insider's account of the Second Battle of Lower Manhattan now unfolding between the city's uptown and downtown real estate titans.

America by Design: Science, Technology, and the Rise of Corporate Capitalism (Galaxy Books)

David Noble — 2008-05-11T20:21:23-00:00

(20 September 1979)

Economics and World History: Myths and Paradoxes

Paul Bairoch — 2008-05-09T23:58:18-00:00

(01 September 1995)

<div>Paul Bairoch sets the record straight on twenty commonly held myths about economic history. Among these are that free trade and population growth have historically led to periods of economic growth; that a move away from free trade caused the Great Depression; and that colonial powers in the nineteenth and early twentieth centuries became rich through the exploitation of the Third World. Bairoch argues that these beliefs are based on insufficient knowledge and misguided interpretations of the economic history of the United States, Europe, and the Third World.<br><br>"A challenging and readable introduction to some major controversial themes in modern international economic history."—Peter J. Cain, <i>International History Review</i><br><br>"Paul Bairoch sheds fascinating light on many of the accepted truths of modern economic history: an intriguing account, well executed."—Alfred L. Malabre, Jr., Economics Editor, <i>Wall Street Journal</i></div>

Minimum Wages and Employment (Foundations and Trends in Microeconomics)

David Neumark — 2008-05-03T15:38:07-00:00

(31 March 2007)

Minimum Wages and Employment focuses on the "new minimum wage research." This is the first comprehensive review of the literature in the past fifteen years. It includes the initial round of the new minimum wage research on the employment effects of the minimum wage, major conceptual and empirical issues that arose out of that research, recent increases in minimum wage laws, and the empirical research on the employment effects of the minimum wage in other countries. Minimum Wages and Employment provides an assessment of alternative models of the labor market. It offers general conclusions about the effects of the minimum wage on employment that are relevant to policymakers, pointing out in what context and for which workers the minimum wage will have consequences. Finally, by presenting a comprehensive review of the more recent minimum wage literature, the authors explain the range of results in the literature, identify sources of differences in these results, and determine what conclusions can be drawn from the literature.

Living Wage Movements: Global Perspective (Advances in Social Economics)

Deborah Figart — 2008-05-03T15:36:53-00:00

(08 April 2004)

Living wage activism has spanned time and space, reaching across decades and national boundaries. Conditions generating living wage movements early in the twentieth century have resurfaced in the twenty-first century, only on a global scale: "sweated" labor, macroeconomic instability, and job insecurity. <br><br>The original essays in the volume assess the movement for higher living standards in the USA, Canada, Europe and Australia. Each of the individual chapter authors has extensive experience in academia or research institutes, in public policy or in the labor movement. A variety of innovative efforts to achieve living wages are profiled. Minimum wage increases, labor code activism, low pay campaigns, and fair wage clauses, for example, have begun to reverse a growing two-tiered labor market. Women, workers from racial and ethnic minority groups, and employees in service and sales occupations have been noteworthy beneficiaries.<br><br>Upon reviewing the empirical evidence, the book's contributors make strong cases both for and against living wage activism. The effective blend of historical, contemporary and global perspectives provides opportunities for teachers, scholars, and activists to evaluate how we can address low pay at the organizational and macroeconomic levels.

Globalization and the Myths of Free Trade (Routledge Frontiers of Political Economy)

Shaikh — 2008-05-03T14:57:25-00:00

(23 February 2007)

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism

Ha-Joon Chang — 2008-05-03T14:54:48-00:00

(26 December 2007)

<div><div><b>A rising young star in the field of economics attacks the free-trade orthodoxy of <i>The World Is Flat</i> head-on—a crisp, contrarian history of global capitalism.</b></div><div> </div><div>One economist has called Ha-Joon Chang “the most exciting thinker our profession has turned out in the past fifteen years.” With Bad Samaritans, this provocative scholar bursts into the debate on globalization and economic justice. Using irreverent wit, an engagingly personal style, and a battery of examples, Chang blasts holes in the “World Is Flat” orthodoxy of Thomas Friedman and other liberal economists who argue that only unfettered capitalism and wide-open international trade can lift struggling nations out of poverty. On the contrary, Chang shows, today’s economic superpowers—from the U.S. to Britain to his native Korea—all attained prosperity by shameless protectionism and government intervention in industry. We have conveniently forgotten this fact, telling ourselves a fairy tale about the magic of free trade and—via our proxies such as the World Bank, International Monetary Fund, and World Trade Organization—ramming policies that suit ourselves down the throat of the developing world.</div><div> </div><div>Unlike typical economists who construct models of how the marketplace <i>should</i> work, Chang examines the past: what has actually happened. His pungently contrarian history demolishes one pillar after another of free-market mythology. We treat patents and copyrights as sacrosanct—but developed our own industries by studiously copying others’ technologies. We insist that centrally planned economies stifle growth—but many developing countries had higher GDP growth before they were pressured into deregulating their economies. Both justice and common sense, Chang argues, demand that we reevaluate the policies we force on nations that are struggling to follow in our footsteps.</div></div>