Beyond States And Markets

Seeking to extend our understanding of the contemporary global political economy, this book provides an important and original introduction to the current theoretical debates about social reproduction and argues for the necessity of linking social reproduction to specific contexts of power and production. It illustrates the analytic value of the concept of social reproduction through a series of case studies that examine the implications of how labor power is reproduced and how lives outside of work are lived. The issues examined in countries including the Ukraine, Chile, Spain, Nepal, India and Indonesia, consist of: Human trafficking and sex work Women and work Migration, labor and gender inequality Micro-credit programs and investing in women Health, biological reproduction and assisted reproductive technologies The book lends a unique perspective to the understandings of transformation in the global political economy precisely because of its simultaneous focus on the caring and provisioning of the everyday and its relationships to policies and decisions made at the national and international levels of both formal and informal institutions. With its multi-disciplinary approach, this book will be indispensable to students and scholars of International Political Economy, Development Studies, Gender or Women’s Studies, International Studies, Globalization and International Relations.

This book explores the causes and consequences of market failure in bridging societal differences to create a shared economy. It questions the current world order and evaluates socio-economic gains in reference to the social origins of the economic agents. With a need to counterbalance economic growth with social equality and environmental sustainability, the book proposes innovative approaches to address key questions on the contemporary global economy such as, "Is the Global socio-economic order supportive of the pursuit of rational and enlightened self -interest?", "Is it a unipolar power centre and neoliberal economic policy regime?", "Can the system reinvent itself?", etc. One approach encourages going back to the golden past and making things "great again", insisting that history has ended and the failures of old global institutions be blamed on the "Clash of Civilizations". Another approach advocates giving up the intellectual comfort zone of elegant but irrelevant neo-liberal explanations of global challenges and asking new questions that take academic debate to the public square. The book examines the internal challenges and contradictions that cause disintegration and proposes alternative ideas and practices in moving the global community beyond the free market regime. The book will appeal to students and academics of development studies, political economy, political science, sociology, as well as policymakers and public opinion makers interested in creating a new egalitarian global society.

The state-market debate is largely the intellectual legacy of neoclassical economics. This book attempts to go beyond the state-market dichotomy, arguing that development can be helped or hindered by both the state and markets. It further argues that co-operation between the two factors is best.

John Gray is now established as one of the UK's leading political thinkers. For over a decade he has been asssociated with the ideas and think-tanks of the New Right. In this book he presents both a criticism of the ideological excesses of New Right ideology and a radical critique of the New Right itself, developed from the standpoint of traditional conservatism. All the major thinkers and themes of the New Right are examined, together with many major issues of current public policy - such as the growth of the underclass, the future of the welfare state and the role of government in education and culture. The author also argues that there are deep affinities between conservative ideology and Green thought. He advances radical proposals for the preservation and renewal of common life for an age in which the ideals of modernism, including continuous economic growth, are decreasingly viable. He expresses his conviction that conservative philosophy will find its future in dissociating itelf from the neo-liberalism that has lately dominated policy, and returning to the task of redefining traditional values.

A powerful challenge to contemporary economics and a new agenda for global finance In the wake of the global financial crisis that began in 2007, faith in the rationality of markets has lost ground to a new faith in their irrationality. The problem, Roman Frydman and Michael Goldberg argue, is that both the rational and behavioral theories of the market rest on the same fatal assumption—that markets act mechanically and economic change is fully predictable. In Beyond Mechanical Markets, Frydman and Goldberg show how the failure to abandon this assumption hinders our understanding of how markets work, why price swings help allocate capital to worthy companies, and what role government can and can't play. The financial crisis, Frydman and Goldberg argue, was made more likely, if not inevitable, by contemporary economic theory, yet its core tenets remain unchanged today. In response, the authors show how imperfect knowledge economics, an approach they pioneered, provides a better understanding of markets and the financial crisis. Frydman and Goldberg deliver a withering critique of the widely accepted view that the boom in equity prices that ended in 2007 was a bubble fueled by herd psychology. They argue, instead, that price swings are driven by individuals' ever-imperfect interpretations of the significance of economic fundamentals for future prices and risk. Because swings are at the heart of a dynamic economy, reforms should aim only to curb their excesses. Showing why we are being dangerously led astray by thinking of markets as predictably rational or irrational, Beyond Mechanical Markets presents a powerful challenge to conventional economic wisdom that we can't afford to ignore.

This investigation uses state-mobilized globalization as a framework to understand China's capitalism and emergence as a global power.

Originally published in 1991, this book highlights overlooked causes of underdevelopment. Using global examples as well as analytical frameworks to guide inclusive policy discussions, theorists will enjoy the novel uses of industrial economics, the theory of the firm, and the economics of discrimination.

Combining theoretical reflections and empirical insights from paradigmatic case studies in the area of external energy governance, pipeline politics, Liquefied Natural Gas development and offshore petroleum policy and politics, this ground-breaking study demonstrates that a distinctive and new politics of energy security is definitively emerging in the European Union. Innovative not only in regard to the case studies presented (which include the Caspian region, the Baltic, Mediterrean countries, Central Asia and EU-Russia relations), but also in regard to the analytical framework adopted – an International Political Economy approach informed by an historical institutional perspective – the book challenges the common view of the ‘de-politicisation’ of energy security supported by the mainstream market approach and the power politics and ‘zero-sum game’ view supported by the geopolitical perspective. This book places the study of EU energy politics in the broader, evolving context of global energy markets and explores the complex interactions between EU and national political dynamics and between energy security and environmental concerns at the local level.