Hayek’s Market Republicanism

Hayek’s Market Republicanism

Author: Sean Irving

Publisher: Routledge

Published: 2019-11-27

Total Pages: 267

ISBN-13: 0429750730

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Friedrich Hayek was the 20th century’s most significant free market theorist. Over the course of his long career he developed an analysis of the danger that state power can pose to individual liberty. In rejecting much of the liberal tradition’s concern for social justice and democratic participation, Hayek would help clear away many intellectual obstacles to the emergence of neoliberalism in the last quarter of the 20th century. At the core of this book is a new interpretation of Hayek, one that regards him as an exponent of a neo-Roman conception of liberty and interprets his work as a form of ‘market republicanism’. It examines the contemporary context in which Hayek wrote, and places his writing in the long republican intellectual tradition. Hayek’s Market Republicanism will be of interest to advanced students and researchers across the history of economic thought, the history of political thought, political economy and political philosophy.


Hayek’s Market Republicanism

Hayek’s Market Republicanism

Author: Sean Irving

Publisher: Routledge

Published: 2019-11-27

Total Pages: 181

ISBN-13: 0429750749

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Friedrich Hayek was the 20th century’s most significant free market theorist. Over the course of his long career he developed an analysis of the danger that state power can pose to individual liberty. In rejecting much of the liberal tradition’s concern for social justice and democratic participation, Hayek would help clear away many intellectual obstacles to the emergence of neoliberalism in the last quarter of the 20th century. At the core of this book is a new interpretation of Hayek, one that regards him as an exponent of a neo-Roman conception of liberty and interprets his work as a form of ‘market republicanism’. It examines the contemporary context in which Hayek wrote, and places his writing in the long republican intellectual tradition. Hayek’s Market Republicanism will be of interest to advanced students and researchers across the history of economic thought, the history of political thought, political economy and political philosophy.


Oxford Studies in Political Philosophy Volume 8

Oxford Studies in Political Philosophy Volume 8

Author: David Sobel

Publisher: Oxford University Press

Published: 2022-01-30

Total Pages: 292

ISBN-13: 0192856901

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'Oxford Studies in Political Philosophy'. The series aims to publish some of the best contemporary work in the vibrant field of political philosophy and its closely related subfields, including jurisprudence, normative economics, political theory in political science departments, and just war theory.


The Oxford Handbook of Ordoliberalism

The Oxford Handbook of Ordoliberalism

Author: Associate Professor for the History of Economic Governance Thomas Biebricher

Publisher: Oxford University Press

Published: 2022-09-29

Total Pages: 593

ISBN-13: 0198861206

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Since the financial crisis of 2008, ordoliberalism emerged from relative obscurity to become one of the crucial terms of analysis across a wide range of academic literatures and public discussion. In fact, it became the main reference for a number of issues, including assessments of the attempted resolution of the Eurozone crisis, arguments about German hegemony in Europe, debates over the future of economic liberalism and controversies about authoritarian liberalism. What is striking about ordoliberalism is its pronounced ambiguity, as some view it as a more refined and potentially progressive variant of neoliberalism, while others cast it as a blueprint for a regime of austerity reigning over a society of competition with only rudimentary democratic institutions. And while ordoliberalism is often portrayed as a quintessentially German tradition, its impact has not been confined to the German context, extending all the way to the unlikely case of China. In short, ordoliberalism is a phenomenon of arguably considerable influence that remains poorly understood, as it is mystified by its proponents and vilified by its critics. The Oxford Handbook of Ordoliberalism contains a selection of chapters written by an international cast of experts on ordoliberalism that aim to elucidate and analyze the latter in all of its many facets. From the intellectual origins and prime exemplars to its main theoretical themes and practical applications up to the most recent debates taking place across a range of disciplines, this volume offers the first comprehensive account of ordoliberalism for the English-speaking world.


Markets, Community and Just Infrastructures

Markets, Community and Just Infrastructures

Author: Nancy Neiman

Publisher: Routledge

Published: 2020-06-08

Total Pages: 184

ISBN-13: 1000090566

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A series of market-related crises over the past two decades – financial, environmental, health, education, poverty – reinvigorated the debate about markets and social justice. Since then, counter-hegemonic movements all over the globe are attempting to redefine markets and the meaning of economic enterprise in people’s daily lives. Assessments of market outcomes tend toward the polemical, with capitalists and socialists, globalization advocates and anti-globalization movements, those on the political right and those on the left, all facing off to argue the benefits or harms brought about by markets. Yet not enough attention has been paid to analyzing the conditions under which markets result in just outcomes. This book explores how culture, politics, and ideology help shape market incentives in an attempt to reclaim the language of economic rationality and the policymaking legitimacy that accompanies it. Through a variety of case studies – labor relations in the U.S. meatpacking industry, the globalization process in Juaìrez, Mexico, financial reform in Cuba, and an interfaith Ugandan coffee cooperative – this book provides a framework for understanding the conditions under which markets promote just or unjust outcomes (e.g., discrimination, income inequality, environmental degradation, or racial justice, human rights, and equitable growth). This book touches on subject matter as varied as food, religion, banking, and race and gender equality, from a multi-disciplinary perspective. It offers an analysis of markets based on community rather than pure individualism that has the potential to change the way we think about economic rationality. An accessible and compelling read, this book will appeal to students and scholars in political science, economics, sociology, geography, gender studies, critical race studies, environmental studies, and all those interested in the critique of mainstream economics and neoliberal logic.


Cultural Domination

Cultural Domination

Author: Thomas M. Besch

Publisher: Taylor & Francis

Published: 2024-12-10

Total Pages: 220

ISBN-13: 1040265863

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Cultural domination has received attention inside and outside of academia, but it remains under-explored in recent philosophical debate. To fill this gap, this book brings together ten original research contributions that engage the theme from a variety of different perspectives. They range from contributions to the philosophy of social science to advanced work in normative political philosophy. The diversity of approaches reflects the intellectual richness of the theme. Ideas of cultural domination not only raise complex conceptual and methodological questions that can challenge our understandings of domination or culture; such ideas can also play an important role both in explanations of salient social phenomena, such as social structures, and in an evaluation and critique of such phenomena. The diversity of styles of analysis, theoretical commitments, and normative frameworks across the chapters makes this book ideal for advanced undergraduate and graduate students looking for an entry point into this complex issue, as well as for scholars in philosophy, social science, and cultural studies interested in the current state of the art.


Sociology and Classical Liberalism in Dialogue

Sociology and Classical Liberalism in Dialogue

Author: Fabio Rojas

Publisher: Lexington Books

Published: 2024-04-01

Total Pages: 233

ISBN-13: 1666961345

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The motivation for Sociology and Classical Liberalism in Dialogue: Freedom is Something We Do Together is based on two observations: first, sociology as a field is populated with scholars on the left and second, (few but still) classical liberals and libertarian scholars are found in neighboring social science fields, such as economics, political science, and political philosophy. Can scholarship benefit if sociology and classical liberal ideas are in dialogue? To answer the question, the book gathers sociologists, criminologists, demographers, and political scientists that care about classical liberal ideas, or are willing to engage their sociological thinking with classical liberal ideas. Not all authors would identify themselves as classical liberals. These contributors discuss sociological topics through the lens of classical liberalism, asking how issues such as class, gender, or race relations can be viewed with a different perspective. Chapters also delve into the intersection of sociology and classical liberalism, exploring where viewpoints conflict and where they align.


The Informal Economy

The Informal Economy

Author: Ceyhun Elgin

Publisher: Routledge

Published: 2020-07-30

Total Pages: 204

ISBN-13: 1000163806

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The Informal Economy: Measures, Causes, and Consequences provides a comprehensive account of the economics of informality through the lenses of various economic perspectives. Although informal economic activity is widespread all around the world, many issues around its nature and consequences remain largely under-explored or unresolved. Most importantly, the evidence presented in the existing literature on informality has failed to generate a consensus on the measurements, causes, and effects of the informal sector among researchers. Most, if not all, of the empirical results are inconclusive or dependent on the nature of the dataset used in the analysis. This book aims to address that gap by exploring different definitions and measures of the informal economy, including different perspectives, then subjecting these measures to a battery of empirical tests to examine the determinants and effects of informality. Through this analysis and an extensive review of the literature, the book explores many of the economic, political, and social factors of the informal economy including the relationship between informality and the tax burden, tax enforcement, and institutional quality. This key text makes for compulsive reading to scholars and students interested in the informal or shadow economy.


The Political Economy of Populism

The Political Economy of Populism

Author: Petar Stankov

Publisher: Routledge

Published: 2020-07-21

Total Pages: 75

ISBN-13: 1000200892

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The Political Economy of Populism explores the interplay between identity, the economy and inequality to explain the dynamics of populist votes since the beginning of the 20th century. The book discusses the political and economic implications of populist governance using data on populist incumbencies and linking it to historical data on the macro economy and democracy. Chapters draw from the most recent political science, economics and other social science literature, as well as historical data, to explain the long-term causes and consequences of populism. Populism emerges and gains traction when political entrepreneurs exploit underlying identity conflicts for political gains. As the distributional consequences of both economic distress and economic growth typically favor the elite over the poor and the lower middle class, economic shocks usually sharpen the underlying identity conflicts between the groups. The book provides evidence of significant differences in the ways fiscal and monetary policies are conducted by incumbent populists in Latin America, Europe and the OECD. The work concludes by suggesting avenues through which a 21st century social consensus can be built, so that our society can avoid repeating the mistakes that led to wars and failed economic experiments in the 20th century. The Political Economy of Populism marks a significant contribution to the study of populism and is suited to students and scholars across the social sciences, including economics, political science and sociology.


Understanding Financial Crises

Understanding Financial Crises

Author: Ensar Yılmaz

Publisher: Routledge

Published: 2020-07-30

Total Pages: 359

ISBN-13: 1000163423

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Incorporating a broad range of economic approaches, Understanding Financial Crises explores the merits of various arguments and theories which have been used to explain the causes of financial crises. The book explores eight of these different explanations: underconsumption, debt accumulation, financialization, income inequality, financial fragility, tendency of rate of profit to fall, human behavior, and global imbalances. The introduction provides a brief overview of each argument along with a comparison of their relative merits. Each chapter then introduces one of the arguments, explores a historical case, and focuses on the insights that can be gleaned into the global crisis in 2007–2008. The book draws on insights from various schools of thought including post-Keynesian economics, Marxist economics, behavioral economics, neoclassical economics, and more, to provide a pluralist overview of the causes of economic crises in general and the Great Recession in particular. This book marks a significant contribution to the literature on economic and financial crises, political economy and heterodox economics. It is well suited to academicians, practitioners, and financial analysts working within the relevant fields.