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Author: Vishaal Kishore
Publisher: Anthem Press
ISBN: 1783082992
Category : Political Science
Languages : en
Pages : 222
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Book Description
‘Ricardo’s Gauntlet’ advances a critique of the mainstream economic case for international free trade. While the core of the case for free trade is David Ricardo’s principle of comparative advantage, the book argues that this case relies on a cluster of interconnected and mutually enforcing ‘economic fictions’ – economic theories or doctrines that pretend to be fact but which upon examination turn out to be mirages. Exposing the layers of fictions nested in the subfields of mainstream economies empties comparative advantage of its persuasiveness, bringing down the case for free trade. This book is not, however, confined to dealing with esoteric puzzles within economic theory. Rather, it takes a social theoretical perspective and grapples with comparative advantage and its associated economic fictions as ideas that ground an argument with social currency, social validity and social effects. While ‘Ricardo’s Gauntlet’ engages in economic debates, it does so with the purpose of demonstrating the fragility of mainstream economic ideology and the flaw at the heart of its justification of free trade. Proposing a novel disaggregation of the case for free trade into its component fictions – and drawing on and uniting heterodox and radical strands including social theory and political philosophy – ‘Ricardo’s Gauntlet’ reveals that the case for free trade fails precisely on its own terms. This failure unnecessarily and dangerously limits our understanding of what is right and wrong, with high sociopolitical stakes.
Author: Vishaal Kishore
Publisher: Anthem Press
ISBN: 1783082992
Category : Political Science
Languages : en
Pages : 222
Get Book
Book Description
‘Ricardo’s Gauntlet’ advances a critique of the mainstream economic case for international free trade. While the core of the case for free trade is David Ricardo’s principle of comparative advantage, the book argues that this case relies on a cluster of interconnected and mutually enforcing ‘economic fictions’ – economic theories or doctrines that pretend to be fact but which upon examination turn out to be mirages. Exposing the layers of fictions nested in the subfields of mainstream economies empties comparative advantage of its persuasiveness, bringing down the case for free trade. This book is not, however, confined to dealing with esoteric puzzles within economic theory. Rather, it takes a social theoretical perspective and grapples with comparative advantage and its associated economic fictions as ideas that ground an argument with social currency, social validity and social effects. While ‘Ricardo’s Gauntlet’ engages in economic debates, it does so with the purpose of demonstrating the fragility of mainstream economic ideology and the flaw at the heart of its justification of free trade. Proposing a novel disaggregation of the case for free trade into its component fictions – and drawing on and uniting heterodox and radical strands including social theory and political philosophy – ‘Ricardo’s Gauntlet’ reveals that the case for free trade fails precisely on its own terms. This failure unnecessarily and dangerously limits our understanding of what is right and wrong, with high sociopolitical stakes.
Author: Ilan Kapoor
Publisher: Edward Elgar Publishing
ISBN: 1800882696
Category : Social Science
Languages : en
Pages : 147
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Book Description
In this innovative book, Ilan Kapoor and Gavin Fridell rethink development politics psychoanalytically, investigating its unconscious. Whereas mainstream development politics is organized around stability and rationality, psychoanalysis points to disharmony and irrationality, helping to explain the development subject’s often self-defeating behaviour.
Author: B. S. Chimni
Publisher: Cambridge University Press
ISBN: 1108210287
Category : Law
Languages : en
Pages : 649
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Book Description
In International Law and World Order, B. S. Chimni articulates an integrated Marxist approach to international law (IMAIL), combining the insights of Marxism, socialist feminism, and postcolonial theory. The book uses this approach to systematically and critically examine the most influential contemporary theories of international law, including new, feminist, realist, and policy-oriented approaches. In doing so, it discusses a range of themes relating to the history, structure, and process of international law. The book also considers crucial world order issues and problems that the international legal process has to contend with, including the welfare of weak groups and nations, the ecological crisis, and the role of human rights. This extensively revised second edition provides an invaluable, in-depth and updated review of the key literature and scholarship within this field of study. It will be of particular interest to students and scholars of international law, international relations, international politics, and global studies.
Author: Fernanda Nicola
Publisher: Cambridge University Press
ISBN: 1108210562
Category : Law
Languages : en
Pages : 661
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Book Description
Through an interdisciplinary analysis of the rulings of the Court of Justice of the European Union, this book offers 'thick' descriptions, contextual histories and critical narratives engaging with leading or minor personalities involved behind the scenes of each case. The contributions depart from the notion that EU law and its history should be narrated in a linear and incremental way to show instead that law evolves in a contingent and not determinate manner. The book shows that the effects of judge-made law remain relatively indeterminate and each case can be retold through different contextual narratives, and shows the commitment of the European legal elites to the experience of legal reasoning. The idea to cluster the stories around prominent cases is not to be fully comprehensive, but to re-focus the scholarship and teaching of EU law by moving beyond the black letter and unravel the lawyering techniques to achieve policy results.
Author: Robert Skidelsky
Publisher: Yale University Press
ISBN: 0300240325
Category : Economic policy
Languages : en
Pages : 513
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Book Description
A critical examination of economics's past and future, and how it needs to change, by one of the most eminent political economists of our time The dominant view in economics is that money and government should play only a minor role in economic life. Economic outcomes, it is claimed, are best left to the "invisible hand" of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy. Since Adam Smith, classical economics has espoused nonintervention in markets. The Great Depression brought Keynesian economics to the fore, but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes's central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve.
Author: Alessandra Mezzadri
Publisher: Cambridge University Press
ISBN: 1107116961
Category : Business & Economics
Languages : en
Pages : 259
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Book Description
"Analyses the politics of production and labour control characterizing the Indian readymade garment industry since its entry into the global arena"--
Author: Ryan Walter
Publisher: Oxford University Press
ISBN: 0197603076
Category : Business & Economics
Languages : en
Pages : 273
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Book Description
A boldly revisionist history of the first disputes in nineteenth-century Britain over the role of economists in society Economics now so dominates our understanding of how the world works that some of the field's most influential concepts seem akin to natural laws. Yet economists themselves are a relatively recent species of intellectual, first emerging in the late eighteenth and early nineteenth centuries. And like the economists of our own era, the pioneering work of the early economists was decidedly a product of its time. Before Method and Models looks back to the first disputes in nineteenth-century Britain over the role of economists in society to explain how the broader historical and intellectual context has always shaped the field. Ryan Walter's boldly revisionist history focuses on Thomas Robert Malthus and David Ricardo, both of whom were attacked for producing a type of knowledge that was perceived to be dangerous to society. Rather than simply assuming that "classical political economy" always existed, Walter recovers the historical circumstances that actually shaped the development of their methods and concepts. The book delves into the major political controversies of the time - the Bullion Controversy and the Corn Laws debate - and the arguments that Malthus and Ricardo advanced in order to shape the outcome. By examining the hostile responses of Malthus and Ricardo's contemporaries, the book shows how the major challenge facing the first economists was to legitimize the activity of theorizing and then reforming economic life. In a time when debate about commerce and politics was conducted without our modern methods and models, Malthus and Ricardo fought for the creation of the new field of political economy and a role for their work at the center of politics. Walter's reconstruction of the era reveals an exceedingly sophisticated debate regarding the costs and benefits of reforming both institutions and laws through the new science of political economy.
Author: Patricia James
Publisher: Routledge
ISBN: 1136601627
Category : Business & Economics
Languages : en
Pages : 560
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Book Description
This is a fascinating insight into the work of one of our greatest thinkers. Thomas Robert Malthus (1766–1834) is best remembered today for his theories on the menace of over-population; this first ever full-length biography shows him also in his role as one of the founders of classical political economy, still a controversial figure in the history of economic thought. Based on exhaustive research among contemporary sources, it gives an account of Malthus’s two careers, as an economist and as a professor at the East India College. Patricia James describes how, at the East India College, Malthus was influential in the establishment of an incorruptible Civil Service and the modern system of written examinations, in circumstances which seem almost farcical today. She gives an account of his family and social life, which was full of warmth and variety, with an abundance of ‘characters’ as well as many famous men. People nowadays are inclined to argue in a vacuum whether Malthus is ‘right’ or ‘wrong’ about population outrunning subsistence, and about the adequacy of aggregate demand in a capitalist society. Patricia James shows him in his historical setting, so that the book is a study both of the man and of the age in which he lived. She believes that, paradoxically, if we view Malthus’s works as the period pieces they are, it becomes more and not less easy to see their relevance to our own problems. Although Malthus’s search for basic principles in a changing world was confused and erratic, his ideas are still illuminating to those who prefer investigation and reappraisal to the mere reiteration of dogma. This text was first published in 1975.
Author: Ugo Mattei
Publisher: Edward Elgar Publishing
ISBN: 1781005354
Category : Law
Languages : en
Pages : 608
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Book Description
Events such as the global financial crisis have helped reveal that the drivers and contours of governance on a national and international level remain a mystery in many respects. This is so despite the ever-increasing complexity and sophistication in the management and understanding of economic, legal and political spheres of global society. Set in this context, this timely Research Handbook is the first to explicitly address the constitutive relationship between law and political economy. With scholarly contributions from diverse disciplinary and geographic backgrounds, this authoritative book provides an expansive overview of the legal architecture of the global political economy. It covers, in three parts, topics surrounding money and markets, the relations of organization, and commodities, land and resources. Scholars and policymakers as well as undergraduate and postgraduate law students interested in the intersection of socio-political, economic, and legal dynamics of governance will find this book a thought-provoking and insightful resource.
Author: Benedict Kingsbury
Publisher: Oxford University Press, USA
ISBN: 0198825293
Category :
Languages : en
Pages : 753
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Book Description
The Japan-led Trans-Pacific Partnership (CPTPPA) of 2018 is the most far-reaching 'megaregional' economic agreement in force, with several major countries beyond its eleven negotiating countries also interested. Still bearing the stamp of the original US involvement before the Trump-era reversal, TPP is the first instance of 'megaregulation': a demanding combination of inter-state economic ordering and national regulatory governance on a highly ambitious substantive and trans-regional scale. Its text and ambition have influenced other negotiations ranging from the Japan-EU Agreement (JEEPA) and the US-Mexico-Canada Agreement (USMCA) to the projected Pan-Asian Regional Comprehensive Economic Partnership (RCEP). This book provides an extensive analysis of TPP as a megaregulatory project for channelling and managing new pressures of globalization, and of core critical arguments made against economic megaregulation from standpoints of development, inequality, labour rights, environmental interests, corporate capture, and elite governance. Specialized chapters cover supply chains, digital economy, trade facilitation, intellectual property, currency levels, competition and state-owned enterprises, government procurement, investment, prescriptions for national regulation, and the TPP institutions. Country studies include detailed analyses of TPP-related politics and approaches in Japan, Mexico, Brazil, China, India, Indonesia, and Thailand. Contributors include leading practitioners and scholars in law, economics, and political science. At a time when the WTO and other global-scale institutions are struggling with economic nationalism and geopolitics, and bilateral and regional agreements are pressed by public disagreement and incompatibility with digital and capital and value chain flows, the megaregional ambition of TPP is increasingly important as a precedent requiring the close scrutiny this book presents.
