Products related to Economy:
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The Real Economy : History and Theory
A provocative new theory of “the economy,” its history, and its politics that better unites history and economics What is the economy, really?Is it a “market sector,” a “general equilibrium,” or the “gross domestic product”?Economics today has become so preoccupied with methods that economists risk losing sight of the economy itself.Meanwhile, other disciplines, although often intent on criticizing the methods of economics, have failed to articulate an alternative vision of the economy.Before the ascent of postwar neoclassical economics, fierce debates raged, as many different visions of the economy circulated and competed with one another.In The Real Economy, Jonathan Levy returns to the spirit of this earlier era, which, in all its contentiousness, gave birth to the discipline of economics. Drawing inspiration particularly from Thorstein Veblen and John Maynard Keynes, Levy proposes a theory of the economy that is open to rich empirical and historical scrutiny, covering topics that include the emergence of capitalism, the notion of radical uncertainty, the meaning of demand, the primal desire for money, the history of corporations, and contemporary globalization.Writing for anyone interested in the study of the economy, Levy provides an invaluable provocation for a broader debate in the social sciences and humanities concerning what “the economy” is.
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The Real Economy – Essays in Ethnographic Theory
This collection highlights a key metaphor in contemporary discourse about economy and society.The contributors explore how references to reality and the real economy are linked both to the utopias of collective well-being, supported by real monies and good economies, and the dystopias of financial bubbles and busts, in which people’s own lives “crash” along with the reality of their economies. An ambitious anthropology of economy, this volume questions how assemblages of vernacular and scientific realizations and enactments of the economy are linked to ideas of truth and moral value; how these multiple and shifting realities become present and entangle with historically and socially situated lives; and how the formal realizations of the concept of the “real” in the governance of economies engage with the experiential lives of ordinary people.Featuring essays from some of the world’s most prominent economic anthropologists, The Real Economy is a milestone collection in economic anthropology that crosses disciplinary boundaries and adds new life to social studies of the economy.
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The City Authentic : How the Attention Economy Builds Urban America
One of Dazed's Best Non-Fiction Books of 2023 The first book to explore how our cities gentrify by becoming social media influencers—and why it works. Cities, like the people that live in them, are subject to the attention economy.In The City Authentic, author David A. Banks shows how cities are transforming themselves to appeal to modern desires for authentic urban living through the attention-grabbing tactics of social media influencers and reality-TV stars. Blending insightful analysis with pop culture, this engaging study of New York State’s Capital Region is an accessible glimpse into the social phenomena that influence contemporary cities.The rising economic fortunes of cities in the Rust Belt, Banks argues, are due in part to the markers of its previous decay—which translate into signs of urban authenticity on the internet.The City Authentic unpacks the odd connection between digital media and derelict buildings, the consequences of how we think about industry and place, and the political processes that have enabled a new paradigm in urban planning.Mixing urban sociology with media and cultural studies, Banks offers a lively account of how urban life and development are changing in the twenty-first century.
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Libidinal Economy
First published in 1974, Libidinal Economy is a major work of twentieth century continental philosophy.In it, Lyotard develops the idea of economies driven by libidinal ‘energies’ or ‘intensities’ which he claims flow through all structures, such as the human body and political or social events.He uses this idea to interpret a diverse range of subjects including political economy, Marxism, sexual politics, semiotics and psychoanalysis.Lyotard also carries out a broad critique of philosophies of desire, as expounded by Deleuze and Guattari, Nietzsche, Bataille, Foucault and de Sade. Translated by Iain Hamilton Grant.
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Free market economy or planned economy?
The choice between a free market economy and a planned economy depends on the specific goals and values of a society. A free market economy allows for individual freedom and competition, which can lead to innovation and efficiency. However, it can also result in inequality and lack of regulation. On the other hand, a planned economy allows for more control and distribution of resources, but it can stifle individual initiative and innovation. Ultimately, the decision between the two depends on the balance a society seeks between individual freedom and social equality.
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Why market economy and not planned economy?
A market economy is preferred over a planned economy because it allows for individual freedom and choice in economic decision-making. In a market economy, prices are determined by supply and demand, leading to efficient allocation of resources. Additionally, competition in a market economy encourages innovation and productivity, driving economic growth. On the other hand, a planned economy, where the government controls production and distribution, can lead to inefficiencies, lack of innovation, and limited consumer choice.
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How are planned economy and shortage economy related?
A planned economy is a system in which the government controls and regulates production, distribution, and prices of goods and services. In a planned economy, resources are allocated based on a central plan rather than market forces. A shortage economy occurs when there is a lack of goods and services available for consumers due to factors such as poor planning, inefficiency, or external shocks. In a planned economy, the risk of a shortage economy is higher as the government may not accurately predict or meet the demands of the population, leading to imbalances in supply and demand.
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What is the difference between social market economy, free market economy, and planned economy?
A social market economy combines elements of both a free market economy and a planned economy. It allows for private ownership of businesses and resources, while also implementing government regulations to ensure fair competition and social welfare. In contrast, a free market economy relies on minimal government intervention, allowing businesses to operate with little regulation. On the other hand, a planned economy is centrally controlled by the government, with decisions regarding production, distribution, and pricing made by central authorities.
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Political Economy
Political economy is the name given to an important division of the science of government.The object of government is, or ought to be, the happiness of men, united in society; it seeks the means of securing to them the highest degree of felicity compatible with their nature, and at the same time of allowing the greatest possible number of individuals to partake in that felicity.But man is a complex bring; he experiences moral and physical wants; therefore his happiness consists in his moral and physical condition.The moral happiness of man, so far as it depends on his government, is intimately connected with the improvement of that government; it forms the object of civil policy, which ought to diffuse the happy influence of liberty, knowledge, virtue, and hope, over all classes of the community.Civil policy should point out the means of giving to nations a constitution, the liberty of which may elevate the souls of the citizens; an education which may form their hearts to virtue and open their minds to knowledge; a religion which may present to them the hopes of another life, to compensate for the sufferings of this.It should seek not what suits one man or one class of men, but what may impart most happiness by imparting most worth to all the men living under its laws.
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Political Economy
Providing a ‘short take’ on the long history of political economy, this book examines both the stories about and those within economics.It traces the history of political economy from its beginnings in the Scottish Enlightenment; through its disciplinary demarcation as a science in the nineteenth century that saw its differentiation from literary, aesthetic, and moral discourses; and to its emergence as the ‘amoral’ market-driven neoliberalism that dominates economic theories and policies today. In exploring the long history of economic thought, it examines and challenges both Enlightenment and contemporary grand narratives such as the stadial theory of progress, the ‘Great Divergence’ and the ‘Great Convergence’ that have divided the world into global norths and souths according to their economic advantages.It concludes with a study of currency as both a medium of monetary exchange and a term that denotes prevalence and acceptance to explore political economy’s continuous engagement with the problem of representing value through money.Part of the series Short Takes on Long Views, this book will appeal to a traditional academic audience of scholars and students, and to a wider public audience of informed non-fiction readers interested in the long history of economics.
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Eco-Economy : Building an Economy for the Earth
In 1543, Polish astronomer Nicolaus Copernicus challenged the view that the sun revolved around the earth, arguing instead that the earth revolved around the sun.His paper led to a revolution in thinking. In Lester Brown's brilliant and invigorating account of the industrial economy, he shows how a rethink of its fossil fuel-based, throwaway ethos is necessary to ensure that it works with, not against, the natural environment. The issue now is whether the environment is part of the economy or the economy is part of the environment.Brown argues the latter, pointing out that treating the environment as part of the economy has produced an economy that is destroying its natural support systems. One of the foremost experts on the new economic opportunities, Brown shows the vast economic potential and environmental gains that exist from eliminating the waste and destruction of current consumption.He describes how the global economy can be restructured to make it compatible with the earth's ecosystem so that economic progress can continue, with high standards of living and secure employment for all, while conserving resources and restoring the environment. In the new economy, wind farms replace coal mines, hydrogen-powered fuel cells replace internal combustion engines, and cities are designed for people, not cars.Eco-Economy is a map of how to get from here to there.It is an essential guide to the economy of the 21st century and will be compelling reading for business readers and environmentalists alike looking for ways to build a better future.
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Internet Economy vs Classic Economy: Struggle of Contradictions
This unique book adopts a problem approach to study the Internet economy, which consists in assessing its contradiction to classic economy, analyzing it, and describing how the Internet economy is developing in modern Russia.The authors study its sense and basic principles, identify the factors that influence its functioning and development, analyze the crisis of the Internet economy, and conduct a comparative analysis of the Internet economy and classic economy. The book is primarily intended for postgraduates, educators and researchers who study the foundations of the modern macro-economy.Based on the conclusions and results presented here, they will be able to create their own scientific studies.Further, problem analysis of the Internet economy and classic economy makes it possible to identify the peculiarities and prospects of development, and to form recommendations for the highly effective management of modern economic systems.
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Is Germany a centrally planned economy, a social market economy, or a free market economy?
Germany is considered a social market economy. This means that while it operates within a free market framework, the government plays a significant role in regulating the economy and providing social welfare programs. The social market economy model aims to balance economic freedom with social responsibility, promoting competition and entrepreneurship while also ensuring social security and a fair distribution of wealth. This approach has been a key factor in Germany's economic success and stability.
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How do planned economy and social market economy differ?
A planned economy is one in which the government controls all aspects of economic production and distribution, including setting prices and determining what goods and services are produced. In contrast, a social market economy is a system in which the government plays a more limited role, allowing for private ownership and competition while also providing social safety nets and regulations to ensure fair competition and protect consumers. In a planned economy, the government has a central role in decision-making, while in a social market economy, the market plays a more significant role, with government intervention focused on ensuring fairness and social welfare.
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'Economy or Environment?'
Both the economy and the environment are important and interconnected. It is essential to strike a balance between economic growth and environmental protection to ensure sustainable development. Neglecting the environment can have long-term negative impacts on the economy, while a healthy environment can support a thriving economy. Therefore, it is crucial to consider both aspects in decision-making processes to achieve a harmonious and sustainable future.
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What is the difference between national economy and market economy?
A national economy refers to the overall economic system of a country, including all economic activities and resources within its borders. It is typically influenced by government policies and regulations. On the other hand, a market economy is based on the principles of supply and demand, where economic decisions and the pricing of goods and services are determined by the interactions of individuals and businesses in the marketplace. In a market economy, there is minimal government intervention, allowing for more competition and efficiency in resource allocation.
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