How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer

Author: Dean Baker

Publisher: N.A

ISBN: 9780692793367

Category: Business & Economics

Page: 249

View: 8371


There has been an enormous upward redistribution of income in the United States in the last four decades. In his most recent book, Baker shows that this upward redistribution was not the result of globalization and the natural workings of the market. Rather, it was the result of conscious policies that were designed to put downward pressure on the wages of ordinary workers while protecting and enhancing the incomes of those at the top. Baker explains how rules on trade, patents, copyrights, corporate governance, and macroeconomic policy were rigged to make income flow upward.

Modern Iran in Perspective

Author: Ali Pirzadeh

Publisher: Springer Nature

ISBN: 3030257088

Category: Business & Economics

Page: 111

View: 5410


This book highlights fundamental, but often neglected, issues important for a better understanding of present-day Iran. It underlines the idea that the most effective means for a nation to meet challenges and practices of the modern era lies with the fundamental values and norms that resonate with its inhabitants. This book is meant to be a companion to the author’s published book Iran Revisited: Exploring the Historical Roots of Culture, Economics, and Society that expands upon that book’s ideas, without repeating its theoretical reasoning. Its goal is to offer a better understanding of the current and evolving situations in Iran. In this regard, the author tried to clarify his position through a host of suggestions, most notably, the need to consider social rights as the bare minimum but extremely imperative criteria in our contemporary discourse for the betterment of our society. These rights, he argues, are the most fundamental tenets of any community that strives to succeed and flourish. In this context, the underlying discussion rests on the following claim: the most persisting problems in Iran are the outcomes of the gradual regression of the people’ mindset that persistently overlooked their heritage and value system in favor of imitating ideas that were/are neither compatible with their culture and history, nor applicable to the country’s socioeconomic conditions. The author, therefore, presumed that these predicaments are self-inflicted: they were neither caused by a specific state, nor belong to a historical period, or individual(s); they cannot be characterized by political or economic terminologies, but are firmly rooted in people inability to recognize that the most vital principle in developing and propelling a nation forward is the existence of a unified people.

Quantum Economics

The New Science of Money

Author: David Orrell

Publisher: Icon Books

ISBN: 1785784005

Category: Business & Economics

Page: 304

View: 2949


A decade after the financial crisis, there is a growing consensus that economics has failed and needs to go back to the drawing board. David Orrell argues that it has been trying to solve the wrong problem all along. Economics sees itself as the science of scarcity. Instead, it should be the science of money (which plays a surprisingly small role in mainstream theory). And money is a substance that turns out to have a quantum nature of its own. Just as physicists learn about matter by studying the exchange of particles at the subatomic level, so economics should begin by analysing the nature of money-based transactions. Quantum Economics therefore starts with the meaning of the phrase ‘how much’ – or, to use the Latin word, quantum. From quantum physics to the dualistic properties of money, via the emerging areas of quantum finance and quantum cognition, this profoundly important book reveals that quantum economics is to neoclassical economics what quantum physics is to classical physics – a genuine turning point in our understanding.


How Governments Make Markets Work

Author: Steven K. Vogel

Publisher: Oxford University Press

ISBN: 019069985X

Category: Business & Economics

Page: 208

View: 3238


Modern-day markets do not arise spontaneously or evolve naturally. Rather they are crafted by individuals, firms, and most of all, by governments. Thus "marketcraft" represents a core function of government comparable to statecraft and requires considerable artistry to govern markets effectively. Just as real-world statecraft can be masterful or muddled, so it is with marketcraft. In Marketcraft, Steven Vogel builds his argument upon the recognition that all markets are crafted then systematically explores the implications for analysis and policy. In modern societies, there is no such thing as a free market. Markets are institutions, and contemporary markets are all heavily regulated. The "free market revolution" that began in the 1980s did not see a deregulation of markets, but rather a re-regulation. Vogel looks at a wide range of policy issues to support this concept, focusing in particular on the US and Japan. He examines how the US, the "freest" market economy, is actually among the most heavily regulated advanced economies, while Japan's effort to liberalize its economy counterintuitively expanded the government's role in practice. Marketcraft demonstrates that market institutions need government to function, and in increasingly complex economies, governance itself must feature equally complex policy tools if it is to meet the task. In our era-and despite what anti-government ideologues contend-governmental officials, regardless of party affiliation, should be trained in marketcraft just as much as in statecraft.

Understanding world religions

a road map for justice and peace

Author: David Whitten Smith,Elizabeth Geraldine Burr

Publisher: Rowman & Littlefield Pub Incorporated

ISBN: 9780742550544

Category: Religion

Page: 398

View: 9854


Understanding World Religions studies major worldviews in relation to justice and peace: Hindu, Buddhist, Muslim, Jewish, Christian, Marxist, and Native American. The Israeli-Palestinian conflict is given as a case study for how worldviews impact justice and peace. Further chapters explore Christian social teaching, liberation theologies, active nonviolence, and just war theory.