Missing Intellect in Economics and Politics

Missing Intellect in Economics and Politics PDF Author: Salih Reisoglu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
In the last two decades Free Market Economy and Democracy came to the brink of collapse. Neither of these systems can survive unless their fundamental structural problems are dealt with. Unfortunately, while the issues of secondary importance are freely discussed, it is a taboo to mention the elephant in the room: the social intellect threshold for the society for the proper functioning of free market economy and democracy is rising every passing day, while the social intellect of the society is not. Missing Intellect in Economics and Politics aims to reveal the vital but inadequately recognized aspects of Free Market Economy and Democracy that are either flawed in principle, or unknowingly or deliberately misapplied in practice. Then, it offers potential solutions that will enable these systems to survive in an environment that is getting ever more complex day by day. The book covers a wide but interconnected range of topics, including ?Fair Competition as the strongest driver of the society's welfare ?the weakening Social Intellect of the society relative to the rising complexity of the world ?Concentration of Power and Cheating in both economics and politics, ruining the welfare of the society?Agency Problems and Information Asymmetries being central to the malfunctioning of the economic and political systems ?Democracy, stability, fair representation and legitimacy, and the new heterogeneous society?the failure to establish a real separation of powers, and the rise of autocracies within democracies?the lack of competition in politics ?a proposal for a new Advanced Democratic System Missing Intellect in Economics and Politics shows the reader how to think on macro economic and political issues, rather than what to think on them. Therefore, its content is not bound by any specific society, place or time, but is applicable in different occasions to reveal different but valid solutions.

Missing Intellect in Economics and Politics

Missing Intellect in Economics and Politics PDF Author: Salih Reisoglu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
In the last two decades Free Market Economy and Democracy came to the brink of collapse. Neither of these systems can survive unless their fundamental structural problems are dealt with. Unfortunately, while the issues of secondary importance are freely discussed, it is a taboo to mention the elephant in the room: the social intellect threshold for the society for the proper functioning of free market economy and democracy is rising every passing day, while the social intellect of the society is not. Missing Intellect in Economics and Politics aims to reveal the vital but inadequately recognized aspects of Free Market Economy and Democracy that are either flawed in principle, or unknowingly or deliberately misapplied in practice. Then, it offers potential solutions that will enable these systems to survive in an environment that is getting ever more complex day by day. The book covers a wide but interconnected range of topics, including ?Fair Competition as the strongest driver of the society's welfare ?the weakening Social Intellect of the society relative to the rising complexity of the world ?Concentration of Power and Cheating in both economics and politics, ruining the welfare of the society?Agency Problems and Information Asymmetries being central to the malfunctioning of the economic and political systems ?Democracy, stability, fair representation and legitimacy, and the new heterogeneous society?the failure to establish a real separation of powers, and the rise of autocracies within democracies?the lack of competition in politics ?a proposal for a new Advanced Democratic System Missing Intellect in Economics and Politics shows the reader how to think on macro economic and political issues, rather than what to think on them. Therefore, its content is not bound by any specific society, place or time, but is applicable in different occasions to reveal different but valid solutions.

Missing Intellect in Economics and Politics Volume Two

Missing Intellect in Economics and Politics Volume Two PDF Author: Salih Reisoglu
Publisher:
ISBN:
Category :
Languages : en
Pages : 302

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Book Description
During the last two decades, Free Market Economy and Democracy came to the brink of collapse, not because of the many widely discussed issues, but primarily due to the failure of their major principles in real-life applications. These systems, therefore, can not survive unless their major structural problems are dealt with and realistic solutions are implemented. Missing Intellect in Economics and Politics Volume Two aims to reveal the vital but inadequately recognized aspects of Democracy that are either flawed in principle, or unknowingly or deliberately misapplied in practise. Then, it offers a set of potential solutions that will enable the system to survive in an environment that is getting ever more complex day by day.Covered topics include Social Intellect, Concentration of Power and Cheating, Autocracies-hiding-behind-democracies, Separation of Powers, Competition in Politics, a proposal for a new Advanced Democratic System, Advanced Election Systems, Agency Problems in politics, and, concentration of power on control over private data collection and information flow.Missing Intellect in Economics and Politics shows the reader how to think on macro economic and political issues, rather than what to think on them. Therefore, its content is not bound by any specific society, place or time, but is applicable in different occasions to reveal different but valid solutions.

Missing Intellect in Economics and Politics Volume One

Missing Intellect in Economics and Politics Volume One PDF Author: Salih Reisoglu
Publisher:
ISBN:
Category :
Languages : en
Pages : 339

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Book Description
During the last two decades, Free Market Economy and Democracy came to the brink of collapse, not because of the many widely discussed issues, but primarily due to the failure of their major principles in real-life applications. These systems, therefore, can not survive unless their major structural problems are dealt with and realistic solutions are implemented. Missing Intellect in Economics and Politics Volume One aims to reveal the vital but inadequately recognized aspects of Free Market Economy that are either flawed in principle, or unknowingly or deliberately misapplied in practise. Then, it offers a set of potential solutions that will enable the system to survive in an environment that is getting ever more complex day by day. Covered topics include, Fair Competition, Social Intellect, Monopolies, Concentration of Power and Cheating, Inequality, Welfare, Agency Problems, Information Asymmetry, Social Security, and, concentration of power on control over private data collection and information flow.Missing Intellect in Economics and Politics shows the reader how to think on macro economic and political issues, rather than what to think on them. Therefore, its content is not bound by any specific society, place or time, but is applicable in different occasions to reveal different but valid solutions.

Losing Social Intellect

Losing Social Intellect PDF Author: Salih Reisoglu
Publisher: Salih Reisoglu
ISBN:
Category : Political Science
Languages : en
Pages : 0

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Book Description
In the last two decades, Free Market Economy and Democracy came to the brink of collapse. These systems will continue to stand at the edge of the hill unless their fundamental flaw is dealt with. Unfortunately, while the issues of secondary importance are freely discussed, it is a taboo to mention the elephant in the room: the social intellect threshold for the society for the proper functioning of Free Market Economy and Democracy is rising every passing day, while the Social Intellect of the society is not. The freedom to choose does not have much of a meaning if the society does not have the ability to choose. When the society gets naive enough to be manipulated to make choices that transfer economic and political power to concentrated interest groups who serve their own interests at the expense of the society, Free Market Economy and Democracy fail to serve their functions. Losing Social Intellect analyses why Social Intellect is weakening, how this shakes the foundations of the western social order, and what can be done to cure these troubles before the western economic and political systems are ruined.

Prelude to Political Economy

Prelude to Political Economy PDF Author: Kaushik Basu
Publisher: Oxford University Press, USA
ISBN: 0198296711
Category : Economics
Languages : en
Pages : 305

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Book Description
This volume aims to understand why some economies succeed and some fail, and why some communities prosper while others stagnate, so economics must be seen as embedded in politics and society. It is a study of this embeddedness.

Towards an International Political Economy of Artificial Intelligence

Towards an International Political Economy of Artificial Intelligence PDF Author: Tugrul Keskin
Publisher: Springer Nature
ISBN: 3030744205
Category : Political Science
Languages : en
Pages : 258

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Book Description
This volume seeks to leverage academic interdisciplinarity to develop insight into how Artificial intelligence (AI), the latest GPT to emerge, may influence or radically change socio-political norms, practices, and institutions. AI may best be understood as a predictive technology. “Prediction is the process of filling in missing information. Prediction takes information you have, often called ‘data’, and uses it to generate information you don’t have” (Agrawal, Gans, and Goldfarb 2018, 13; also see Mayer-Schonberger and Ramge 2018). AI makes prediction cheap because the cost of information is now close to zero. Cheap prediction through AI technologies are radically altering how we govern ourselves, interact with each other, and sustain society. Contributors to this volume represent the academic disciplines of Sociology and Political Science working within a diverse set of intra-disciplinary fields that when combined, yield novel insights into the following questions guiding this volume: How might AI transform people? How might AI transform socio-political practices? How might AI transform socio-political institutions?

Austerity

Austerity PDF Author: Suzanne J. Konzelmann
Publisher: John Wiley & Sons
ISBN: 1509534881
Category : Political Science
Languages : en
Pages : 148

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Book Description
Austerity has been at the center of political controversy following the 2008 financial crisis, invoked by politicians and academics across the political spectrum as the answer to, or cause of, our post-crash economic malaise. However, despite being the cause of debate for more than three centuries, austerity remains a poorly understood concept. In this book, Suzanne J. Konzelmann aims to demystify austerity as an economic policy, a political idea, and a social phenomenon. Beginning with an analysis of political and socioeconomic history from the seventeenth century, she explains the economics of austerity in the context of the overall dynamics of state spending, tax, and debt. Using comparative case studies from around the world, ranging from the 1930s to post-2008, she then evaluates the outcomes of austerity in light of its stated objectives and analyzes the conditions under which it doesn’t – and occasionally does – work. This accessible introduction to austerity will be essential reading for students and scholars of political economy, economics, and politics, as well as all readers interested in current affairs.

Saving Capitalism

Saving Capitalism PDF Author: Robert B. Reich
Publisher: Vintage
ISBN: 0385350589
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
From the author of Aftershock and The Work of Nations, his most important book to date—a myth-shattering breakdown of how the economic system that helped make America so strong is now failing us, and what it will take to fix it. Perhaps no one is better acquainted with the intersection of economics and politics than Robert B. Reich, and now he reveals how power and influence have created a new American oligarchy, a shrinking middle class, and the greatest income inequality and wealth disparity in eighty years. He makes clear how centrally problematic our veneration of the “free market” is, and how it has masked the power of moneyed interests to tilt the market to their benefit. Reich exposes the falsehoods that have been bolstered by the corruption of our democracy by huge corporations and the revolving door between Washington and Wall Street: that all workers are paid what they’re “worth,” that a higher minimum wage equals fewer jobs, and that corporations must serve shareholders before employees. He shows that the critical choices ahead are not about the size of government but about who government is for: that we must choose not between a free market and “big” government but between a market organized for broadly based prosperity and one designed to deliver the most gains to the top. Ever the pragmatist, ever the optimist, Reich sees hope for reversing our slide toward inequality and diminished opportunity when we shore up the countervailing power of everyone else. Passionate yet practical, sweeping yet exactingly argued, Saving Capitalism is a revelatory indictment of our economic status quo and an empowering call to civic action.

Crisis

Crisis PDF Author: Sylvia Walby
Publisher: John Wiley & Sons
ISBN: 150950320X
Category : Social Science
Languages : en
Pages : 174

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Book Description
We are living in a time of crisis which has cascaded through society. Financial crisis has led to an economic crisis of recession and unemployment; an ensuing fiscal crisis over government deficits and austerity has led to a political crisis which threatens to become a democratic crisis. Borne unevenly, the effects of the crisis are exacerbating class and gender inequalities. Rival interpretations – a focus on ‘austerity’ and reduction in welfare spending versus a focus on ‘financial crisis’ and democratic regulation of finance – are used to justify radically diverse policies for the distribution of resources and strategies for economic growth, and contested gender relations lie at the heart of these debates. The future consequences of the crisis depend upon whether there is a deepening of democratic institutions, including in the European Union. Sylvia Walby offers an alternative framework within which to theorize crisis, drawing on complexity science and situating this within the wider field of study of risk, disaster and catastrophe. In doing so, she offers a critique and revision of the social science needed to understand the crisis.

What Intelligence Tests Miss

What Intelligence Tests Miss PDF Author: Keith E. Stanovich
Publisher: Yale University Press
ISBN: 0300142536
Category : Education
Languages : en
Pages : 325

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Book Description
Critics of intelligence tests writers such as Robert Sternberg, Howard Gardner, and Daniel Goleman have argued in recent years that these tests neglect important qualities such as emotion, empathy, and interpersonal skills. However, such critiques imply that though intelligence tests may miss certain key noncognitive areas, they encompass most of what is important in the cognitive domain. In this book, Keith E. Stanovich challenges this widely held assumption.Stanovich shows that IQ tests (or their proxies, such as the SAT) are radically incomplete as measures of cognitive functioning. They fail to assess traits that most people associate with good thinking, skills such as judgment and decision making. Such cognitive skills are crucial to real-world behavior, affecting the way we plan, evaluate critical evidence, judge risks and probabilities, and make effective decisions. IQ tests fail to assess these skills of rational thought, even though they are measurable cognitive processes. Rational thought is just as important as intelligence, Stanovich argues, and it should be valued as highly as the abilities currently measured on intelligence tests.