The Origins of International Economic Disorder

The Origins of International Economic Disorder

Author: Fred L. Block

Publisher: Univ of California Press

Published: 1977

Total Pages: 300

ISBN-13: 9780520030091

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Monograph examining the impact of the USA monetary policy on the international monetary system - traces trends in the decline of the gold standard, discusses various monetary agreements, and explains the u.s. Balance of payments deficit. Bibliography pp. 259 to 274, references and statistical tables.


Economic Origins of Dictatorship and Democracy

Economic Origins of Dictatorship and Democracy

Author: Daron Acemoglu

Publisher: Cambridge University Press

Published: 2006

Total Pages: 444

ISBN-13: 9780521855266

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This book develops a framework for analyzing the creation and consolidation of democracy. Different social groups prefer different political institutions because of the way they allocate political power and resources. Thus democracy is preferred by the majority of citizens, but opposed by elites. Dictatorship nevertheless is not stable when citizens can threaten social disorder and revolution. In response, when the costs of repression are sufficiently high and promises of concessions are not credible, elites may be forced to create democracy. By democratizing, elites credibly transfer political power to the citizens, ensuring social stability. Democracy consolidates when elites do not have strong incentive to overthrow it. These processes depend on (1) the strength of civil society, (2) the structure of political institutions, (3) the nature of political and economic crises, (4) the level of economic inequality, (5) the structure of the economy, and (6) the form and extent of globalization.


America's First Great Depression

America's First Great Depression

Author: Alasdair Roberts

Publisher: Cornell University Press

Published: 2012-04-15

Total Pages: 265

ISBN-13: 0801464676

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For a while, it seemed impossible to lose money on real estate. But then the bubble burst. The financial sector was paralyzed and the economy contracted. State and federal governments struggled to pay their domestic and foreign creditors. Washington was incapable of decisive action. The country seethed with political and social unrest. In America's First Great Depression, Alasdair Roberts describes how the United States dealt with the economic and political crisis that followed the Panic of 1837. As Roberts shows, the two decades that preceded the Panic had marked a democratic surge in the United States. However, the nation’s commitment to democracy was tested severely during this crisis. Foreign lenders questioned whether American politicians could make the unpopular decisions needed on spending and taxing. State and local officials struggled to put down riots and rebellion. A few wondered whether this was the end of America’s democratic experiment. Roberts explains how the country’s woes were complicated by its dependence on foreign trade and investment, particularly with Britain. Aware of the contemporary relevance of this story, Roberts examines how the country responded to the political and cultural aftershocks of 1837, transforming its political institutions to strike a new balance between liberty and social order, and uneasily coming to terms with its place in the global economy.


Postindustrial Possibilities

Postindustrial Possibilities

Author: Fred L. Block

Publisher: Univ of California Press

Published: 1990-05-01

Total Pages: 238

ISBN-13: 0520910133

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While it is often acknowledged that we live in a "postindustrial" age, our economic concepts have lagged far behind our postmodern sensibility. In this incisive new work, the well-known sociologist, Fred Block, sheds obsolete and shopworn economic analysis by presenting a bold, sweeping reconceptualization of the economy. Postindustrial Possibilities provides a fresh understanding of the dynamics of postindustrial change while offering a roadmap for future economic thinking. Block takes as his point of departure the tired concepts of neo-classical economics which, while still dominant, fall short as tools for comprehending contemporary economic forces. In Block's mind, the failure to revise the concepts of industrial economics means that the reality of today's economy is increasingly understood as "through a glass darkly." Intent on reinvigorating thinking in this area, Block masterfully critiques the central categories of neo-classical economics, such as the market, labor, and capital. Block argues that the neo-classical tradition has obscured the fact that capitalist prosperity has been built not on "free markets" but rather on systematic constraints on market freedom. He further suggests that measurements of capital have become increasingly problematic and that the concept obscures the critical sources of productivity within organizations. In his far-reaching analysis of the Gross National Product, Block shows that there is a growing divergence between the factors that determine people's well-being and trends in measured GNP. Postindustrial Possibilities sets forth a new intellectual paradigm that might be called "Qualitative Growth." One of its primary foci is a shift toward improved product quality and greater priority for various non-commodity satisfactions such as leisure, interesting work, economic security and a safe and clean environment. It also promotes a recognition that greater economic efficiency rests not on infusions of capital but on cooperative labor relations and on institutional reform. Wide-ranging, intellectually vibrant and lucid, Postindustrial Possibilities will engender controversy and debate. It is an enormous contribution that social scientists and policymakers will need to come to terms with.


A World in Disarray

A World in Disarray

Author: Richard Haass

Publisher: Penguin

Published: 2017-01-10

Total Pages: 238

ISBN-13: 0399562370

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“A valuable primer on foreign policy: a primer that concerned citizens of all political persuasions—not to mention the president and his advisers—could benefit from reading.” —Michiko Kakutani, The New York Times An examination of a world increasingly defined by disorder and a United States unable to shape the world in its image, from the president of the Council on Foreign Relations Things fall apart; the center cannot hold. The rules, policies, and institutions that have guided the world since World War II have largely run their course. Respect for sovereignty alone cannot uphold order in an age defined by global challenges from terrorism and the spread of nuclear weapons to climate change and cyberspace. Meanwhile, great power rivalry is returning. Weak states pose problems just as confounding as strong ones. The United States remains the world’s strongest country, but American foreign policy has at times made matters worse, both by what the U.S. has done and by what it has failed to do. The Middle East is in chaos, Asia is threatened by China’s rise and a reckless North Korea, and Europe, for decades the world’s most stable region, is now anything but. As Richard Haass explains, the election of Donald Trump and the unexpected vote for “Brexit” signals that many in modern democracies reject important aspects of globalization, including borders open to trade and immigrants. In A World in Disarray, Haass argues for an updated global operating system—call it world order 2.0—that reflects the reality that power is widely distributed and that borders count for less. One critical element of this adjustment will be adopting a new approach to sovereignty, one that embraces its obligations and responsibilities as well as its rights and protections. Haass also details how the U.S. should act towards China and Russia, as well as in Asia, Europe, and the Middle East. He suggests, too, what the country should do to address its dysfunctional politics, mounting debt, and the lack of agreement on the nature of its relationship with the world. A World in Disarray is a wise examination, one rich in history, of the current world, along with how we got here and what needs doing. Haass shows that the world cannot have stability or prosperity without the United States, but that the United States cannot be a force for global stability and prosperity without its politicians and citizens reaching a new understanding.


Global Disorder

Global Disorder

Author: Robert Harvey

Publisher:

Published: 2003

Total Pages: 504

ISBN-13:

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In 1995 Robert Harvey published The Return of the Strong: The Drift to Global Disorder. In the wake of the wake of the terrorist attacks on the 11th of September 2001, he has revised the analysis of the dangers facing the world that he presented in this title. In Global Disorder: The New Architecture of Global Security he has added far-reaching proposals for the reform of global security. In the first three parts he outlines the rise of the USA to its dominant position as the world's first megapower, describing the sources of instability that create global disorder and threaten world peace, and the dangers in the globalization of capitalism free from political control. The final part outlines reforms and actions that Western democracies, particularly the USA, must undertake.


The Battle of Bretton Woods

The Battle of Bretton Woods

Author: Benn Steil

Publisher: Princeton University Press

Published: 2013-02-24

Total Pages: 480

ISBN-13: 0691149097

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Recounts the events of the Bretton Woods accords, presents portaits of the two men at the center of the drama, and reveals Harry White's admiration for Soviet economic planning and communications with intelligence officers.


The Origins of Political Order

The Origins of Political Order

Author: Francis Fukuyama

Publisher: Profile Books

Published: 2011-05-12

Total Pages: 529

ISBN-13: 1847652816

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Nations are not trapped by their pasts, but events that happened hundreds or even thousands of years ago continue to exert huge influence on present-day politics. If we are to understand the politics that we now take for granted, we need to understand its origins. Francis Fukuyama examines the paths that different societies have taken to reach their current forms of political order. This book starts with the very beginning of mankind and comes right up to the eve of the French and American revolutions, spanning such diverse disciplines as economics, anthropology and geography. The Origins of Political Order is a magisterial study on the emergence of mankind as a political animal, by one of the most eminent political thinkers writing today.


The World That Trade Created

The World That Trade Created

Author: Kenneth Pomeranz

Publisher: Routledge

Published: 2014-12-18

Total Pages: 523

ISBN-13: 1317453824

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In a series of brief vignettes the authors bring to life international trade and its actors, and also demonstrate that economic activity cannot be divorced from social and cultural contexts. In the process they make clear that the seemingly modern concept of economic globalisation has deep historical roots.