Globalization and Its Discontents
Globalization and Its Discontents

Author: Joseph E. Stiglitz

Publisher: W. W. Norton & Company

Published: 2003-04-17

Total Pages: 305

ISBN-13: 0393071073

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This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.

The Cult of the Market
The Cult of the Market

Author: Lee Boldeman

Publisher: ANU E Press

Published: 2007-10-01

Total Pages: 330

ISBN-13: 1921313544

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"'The Cult of the Market: Economic Fundamentalism and its Discontents' disputes the practical value of the shallow, all-encompassing, dogmatic, economic fundamentalism espoused by policy elites in recent public policy debates, along with their gross simplifications and sacred rules. Economics cannot provide a convincing overarching theory of government action or of social action more generally. Furthermore, mainstream economics fails to get to grips with the economic system as it actually operates. It advocates a more overtly experimental, eclectic and pragmatic approach to policy development which takes more seriously the complex, interdependent, evolving nature of society and the economy. Importantly, it is an outlook that recognises the pervasive influence of asymmetries of wealth, power and information on bargaining power and prospects throughout society. The book advocates a major reform of the teaching of economics"--Provided by publisher.

Innovation and Its Discontents
Innovation and Its Discontents

Author: Adam B. Jaffe

Publisher: Princeton University Press

Published: 2011-05-27

Total Pages: 253

ISBN-13: 1400837340

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The United States patent system has become sand rather than lubricant in the wheels of American progress. Such is the premise behind this provocative and timely book by two of the nation's leading experts on patents and economic innovation. Innovation and Its Discontents tells the story of how recent changes in patenting--an institutional process that was created to nurture innovation--have wreaked havoc on innovators, businesses, and economic productivity. Jaffe and Lerner, who have spent the past two decades studying the patent system, show how legal changes initiated in the 1980s converted the system from a stimulator of innovation to a creator of litigation and uncertainty that threatens the innovation process itself. In one telling vignette, Jaffe and Lerner cite a patent litigation campaign brought by a a semi-conductor chip designer that claims control of an entire category of computer memory chips. The firm's claims are based on a modest 15-year old invention, whose scope and influenced were broadened by secretly manipulating an industry-wide cooperative standard-setting body. Such cases are largely the result of two changes in the patent climate, Jaffe and Lerner contend. First, new laws have made it easier for businesses and inventors to secure patents on products of all kinds, and second, the laws have tilted the table to favor patent holders, no matter how tenuous their claims. After analyzing the economic incentives created by the current policies, Jaffe and Lerner suggest a three-pronged solution for restoring the patent system: create incentives to motivate parties who have information about the novelty of a patent; provide multiple levels of patent review; and replace juries with judges and special masters to preside over certain aspects of infringement cases. Well-argued and engagingly written, Innovation and Its Discontents offers a fresh approach for enhancing both the nation's creativity and its economic growth.

Neoliberal Turkey and its Discontents
Neoliberal Turkey and its Discontents

Author: Fikret Adaman

Publisher: Bloomsbury Publishing

Published: 2017-05-30

Total Pages: 288

ISBN-13: 1786732092

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The 'neoliberal' economic policy of President Recep Tayyip Erdogan's AKP Party, which has delivered extraordinary growth in Turkish GDP over the last decade, has been one of the foundations of the party's popular appeal. Here, a group of experts on Turkish political economy show how these policies have also had a detrimental impact on the environment, sustainability and the long-term health of the Turkish economy. Taking the two main sectors of growth during the past decade-energy and construction-as its primary focus, the book engages broadly with the political economy of inequality and sustainability in contemporary Turkey. Ultimately, the authors argue that 'environmental conflicts' in Turkey are not merely about the environment but intersect with contemporary politics of religion, ethnicity, gender, and class within the context of top-down, modernising economic development. Neoliberal Turkey and its Discontents marks an important contribution to debates around the economic growth of Turkey and the future of the AKP's long-term economic plan.

Economics and Its Discontents
Economics and Its Discontents

Author: Jedrzej Malko

Publisher: Atropos Press

Published: 2016-01-18

Total Pages: 374

ISBN-13: 9781940813776

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If economists are so smart, why aren't they more wealthy? If economics is a science, why did it fail to predict the global crisis of 2008? If it is not a science, what exactly is it? In the modern world, economics has acquired an almost religious aura with its specific dogmas and zealous acolytes. This book demystifies economic ideas by showing how they were born and how they have developed through the ages. Covering more than two thousand years of history, it untangles the links between economics and areas as diverse as theology, physics, the theater, and war. It describes the dangers of economic fundamentalism and offers a fresh perspective on modern debates on politics and economy in a language that is accessible to readers from all backgrounds.

Liberalism and Its Discontents
Liberalism and Its Discontents

Author: Alan Brinkley

Publisher: Harvard University Press

Published: 1998

Total Pages: 396

ISBN-13: 9780674530171

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How did liberalism, the great political tradition that from the New Deal to the 1960s seemed to dominate American politics, fall from favor so far and so fast? In this history of liberalism since the 1930s, a distinguished historian offers an eloquent account of postwar liberalism, where it came from, where it has gone, and why. The book supplies a crucial chapter in the history of twentieth-century American politics as well as a valuable and clear perspective on the state of our nation's politics today. Liberalism and Its Discontents moves from a penetrating interpretation of Franklin D. Roosevelt and the New Deal to an analysis of the profound and frequently corrosive economic, social, and cultural changes that have undermined the liberal tradition. The book moves beyond an examination of the internal weaknesses of liberalism and the broad social and economic forces it faced to consider the role of alternative political traditions in liberalism's downfall. What emerges is a picture of a dominant political tradition far less uniform and stable--and far more complex and contested--than has been argued. The author offers as well a masterly assessment of how some of the leading historians of the postwar era explained (or failed to explain) liberalism and other political ideologies in the last half-century. He also makes clear how historical interpretation was itself a reflection of liberal assumptions that began to collapse more quickly and completely than almost any scholar could have imagined a generation ago. As both political history and a critique of that history, Liberalism and Its Discontents, based on extraordinary essays written over the last decade, leads to a new understanding of the shaping of modern America.

People, Power, and Profits: Progressive Capitalism for an Age of Discontent
People, Power, and Profits: Progressive Capitalism for an Age of Discontent

Author: Joseph E. Stiglitz

Publisher: W. W. Norton & Company

Published: 2019-04-23

Total Pages: 407

ISBN-13: 1324004223

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“Urgent work, by the foremost champion of ‘progressive capitalism.’ ” —The New Yorker An authoritative account of the dangers of unfettered markets and monied politics, People, Power, and Profits shows us an America in crisis. The American people, however, are far from powerless, and Joseph Stiglitz provides an alternative path forward through his vision of progressive capitalism, with a comprehensive set of political and economic changes.

Rentier Capitalism and Its Discontents
Rentier Capitalism and Its Discontents

Author: Balihar Sanghera

Publisher: Springer Nature

Published: 2021-08-31

Total Pages: 321

ISBN-13: 303076303X

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This book explains and evaluates today’s economic, political, social and ecological crises through the lens of rentier capitalism and countermovements in Central Asia. Over the last three decades the rich and powerful have increased their wealth and political power to the detriment of social and environmental well-being. But their activities have not gone unchecked. Grassroots activism has resisted the harmful and damaging effects of the neoliberal commodification of things. Providing a much-needed theorisation of the moral economy and politics of rent, this book offers in-depth case studies on finance, real estate and natural resources in Kazakhstan and Kyrgyzstan. The authors show the mechanisms of rent extraction, their moral justifications and legitimacy, and social struggles against them. This book highlights the importance of class relations, state-countermovement interactions and global capitalism in understanding social and economic dynamics in Central Asia. It will be relevant to students and researchers interested in political economy, development studies, sociology, politics and international relations.