Capitalism Books

Book SynopsisFrom the author of The Shifts and the Shocks, and one of the most influential writers on economics, a reckoning with how and why the relationship between democracy and capitalism is coming undone We are living in an age when economic failings have shaken faith in global capitalism. Political failings have undermined trust in liberal democracy and in the very notion of truth. The ties that ought to bind open markets to free and fair elections are being strained and rejected, even in democracy''s notional heartlands. Around the world, democratic capitalism, which depends on the determined separation of power from wealth, is in crisis. Some now argue that capitalism is better without democracy; others that democracy is better without capitalism.This book is a forceful rejoinder to both views. It analyses how the marriage between capitalism and democracy has become so fraught and yet insists that a divorce would be an almost unimaginable calamity. Martin Wolf, one of the wisest public voices on global affairs, argues that for all its recent failings - slowing growth, increasing inequality, widespread popular disillusion - democratic capitalism, though inherently fragile, remains the best system we know for human flourishing. Capitalism and democracy are complementary opposites: they need each other if either is to thrive. Wolf''s superb exploration of their marriage shows us how citizenship and a shared faith in the common good are not romantic slogans but the essential foundation of our economic and political freedom.Trade ReviewMartin Wolf has been an incisive commentator on economics and politics for a long time. This book is an excellent and thought-provoking synthesis of his views on democratic capitalism and how to fix it. -- Ben Bernanke, former chair of the Federal ReserveMartin Wolf is one of the deepest thinkers of our times and his latest book is a must-read! He brilliantly analyzes the causes of current crisis of democratic capitalism and presents the reforms needed to successfully rejuvenate it. He rightly calls for a new alliance of reformed democratic capitalist states to protect global peace, inclusive prosperity and the planet against plutocratic populism and tyranny. Hopefully, his words will be carefully read and heeded. -- Nouriel Roubini, Professor, New York UniversityMartin Wolf is a great humanist and a sharp analytical mind. He unfurls here a bracing indictment of democratic capitalism and an inspiring defense of it. To defend the values of freedom and dignity, democracy and capitalism must both be reformed. A necessary book- and a guide -- for our times -- Daniel Ziblatt, Professsor, Harvard University and co-author of HOW DEMOCRACIES DIEMartin Wolf brings together many decades' worth of thought and analysis into this superb synthesis. An important guide for anyone seeking answers to the most difficult questions of our time. -- Anne Applebaum, Atlantic staff writer and author of TWILIGHT OF DEMOCRACYMartin Wolf is our wisest, most acute, and most experienced commentator. He has long been an optimist, but no more. He believes that today's market economy is no longer compatible with a stable liberal democracy. As Plato long ago warned, insecurity and fear can be the gateways to tyranny. Wolf's recommendations are smart and sensible and perhaps not too late. A must read for both optimists and pessimists. -- Sir Angus Deaton, Nobel Prize in Economics 2015Martin Wolf has written the definitive account of what ails capitalism and democracy. This staggeringly erudite and beautifully written book is sure to become required reading for anybody who wants to understand how democratic capitalism slid into a deep crisis, why it is worth rescuing, and how to do so. -- Yascha Mounk, Professor, Johns Hopkins University and author of THE GREAT EXPERIMENTThe arrival of this book could not be timelier as the global economy darkens further. Who better than Martin Wolf, with his masterful knowledge of history and understanding of economics, to identify the twin threats of predatory capitalism and demagogic politics and to plot a narrow corridor to escape? It takes someone with a knowledge of the entire forest to isolate the rot at the base of the trees. -- Carmen M. Reinhart, Professor of Economics, Harvard UniversityPassionate, alarmed, wise: Martin Wolf has poured his soul into the book that may be recognized as his masterpiece. In it, he confronts the disturbing truths dismissed by his own complacent generation, and their consequences, with which the young will contend. -- Sir Paul Collier, author of THE FUTURE OF CAPITALISMThe Crisis of Democratic Capitalism will reach a wide and powerful audience. It will be read by world leaders and CEOs. If it convinces some of them to change tack, away from the plutocratic path that national and international economies are currently on, then we should all be grateful. -- William Davies * New Statesman *a cri de coeur ... This book, impressively researched, is ... a mine of information for anybody wanting to know about the forces driving the global economy in recent decades ... Democracy is the worst form of government - except for all the others, as Churchill once said. And the same is true of capitalism relative to other forms of economic organisation. Fixing both is the task. -- David Smith * Sunday Times *The book's power lies in Wolf's central perception and the scale of the canvas he uses to illustrate it. The problems he describes - inequality, lack of social mobility, slowing productivity gains, the influence of money over politics, disaffection with democracy - are familiar, but by identifying them collectively as causes of the calamity he foresees, he gives new urgency to the need to address them. -- Emma Duncan * The Times *Martin Wolf is one of the world's most influential economists ... His new book, The Crisis of Democratic Capitalism, is both his magnum opus and an explanation of his crisis of faith. ... Wolf argues that democracy and capitalism are complementary opposites: Opposites because capitalism depends on inequality of rewards while democracy depends on political equality, complementary because they both enshrine the principle of individual choice. But in recent decades this marriage of opposites has been falling apart, most importantly in the supposed standard-bearer of democratic capitalism, the United States. ... a penetrating analysis of Western society's ills -- Adrian Wooldridge * Bloomberg *The Crisis of Democratic Capitalism draws on the wisdom accumulated over his distinguished career... The case he makes is authoritative and compelling. * Economist *The Crisis of Democratic Capitalism will reach a wide and powerful audience. It will be read by world leaders and CEOs. If it convinces some of them to change tack, away from the plutocratic path that national and international economies are currently on, then we should all be grateful. -- William Davies * New Statesman *Martin Wolf shines a light on the doom loop of democratic capitalism ... in his fine new book -- Bill Emmott * Financial Times *

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Book SynopsisCombining microeconomics, macroeconomics, and theory with empirical analysis drawn from the US and Europe, this book introduces graduate students and advanced undergraduates to the complex process of innovation. It shows how outcomes at the microlevel feed through to the macro-outcomes that in turn determine personal incomes and job opportunities.Trade Review"[T]his textbook clearly will fill a gap in the market and is well designed to raise important questions in a student's mind. The bringing together of both micro- and macro-economic considerations, the strong treatment of statistical difficulties in analyzing these topics, and the consideration of the impact of innovation on wages and jobs are all major advances. The authors are to be congratulated."--Hazel V. J. Moir, PrometheusTable of ContentsPreface xi References xvi PART I: The Nature of Innovation 1 Chapter 1: The Nature and Importance of Innovation 3 1.1 Introduction 3 1.2 What Is Innovation? 4 1.3 The Microeconomic Effects of Innovation 9 1.4 Interaction between Producers and Users of Innovation 16 1.5 Innovations and Market Failure 17 1.6 Restoring Incentives to Invent and Innovate 23 1.7 Firms Competing through Innovation 28 1.8 Conclusion 29 References 30 Chapter 2: The Nature and Role of Intellectual Property 32 2.1 Introduction 32 2.2 Why Are Intellectual Property Rights Awarded? 32 2.3 Patents 34 2.4 Trademarks 39 2.5 Designs and Utility Models 43 2.6 Copyright 45 2.7 Further Questions about IPRs 49 2.8 Conclusions 53 References 55 Chapter 3: The Measurement of Innovation, Productivity, and Growth 57 3.1 Introduction 57 3.2 How Can Innovation Be Measured? 58 3.3 Illustrations of Innovation Statistics 64 3.4 Productivity at the Firm, Industry, and Economy Level 70 3.5 Comparing Productivity and Growth across Countries 74 3.6 Conclusion 80 References 82 PART II: The National Innovation System 85 Chapter 4: The National Innovation System 87 4.1 Introduction 87 4.2 The National Innovation System 87 4.3 The Central Role of R&D 88 4.4 The Government-University Axis 92 4.5 The University-Business Axis 95 4.6 The Government-Business Axis 103 4.7 National Innovation Systems in Emerging Markets 106 4.8 Conclusions 110 References 112 Chapter 5: Innovative Firms and Markets 116 5.1 Introduction 116 5.2 Entrepreneurship and New Firms 116 5.3 Innovation and Firms 119 5.4 Markets and Innovation 121 5.5 Empirical Evidence on the Returns to Innovation 132 5.6 Evidence on Interactions between Competition and Innovation 140 5.7 Conclusions 142 References 145 Chapter 6: Intellectual Property Rights and Firms 149 6.1 Introduction 149 6.2 How Can Firms Benefit from IPRs? 150 6.3 Exploring the Returns to IPRs 152 6.4 Markets for IPRs 157 6.5 Costs of Obtaining and Enforcing IPRs 160 6.6 IPR Strategies 162 6.7 Empirical Studies on the Value of IPRs 164 6.8 Conclusions 171 References 173 Chapter 7: Diffusion and Social Returns 177 7.1 Introduction 177 7.2 Modeling the Rate of Adoption of an Innovation 179 7.3 Statistical Evidence on Rates of Adoption 186 7.4 Spillovers and Social Returns to Innovation 190 7.5 Empirical Studies of Social Returns 199 7.6 Spatial Dimensions of Spillovers 204 7.7 Conclusions 205 References 207 PART III: The Macroeconomics of Innovation 211 Chapter 8: Models of Economic Growth 213 8.1 Introduction 213 8.2 The Neoclassical Growth Model 215 8.3 Endogenous Growth Models 225 8.4 Evolutionary and Other Models 237 8.5 Conclusions 239 References 241 Chapter 9: Innovation and Globalization 243 9.1 What Is Globalization? 243 9.2 World Trade in Historical Perspective 245 9.3 Theories of Trade and Growth 246 9.4 International Knowledge and Technology Flows: Theory and Evidence 250 9.5 International Financial Flows 256 9.6 International Aspects of IPRs 260 9.7 Conclusions 263 References 266 Chapter 10: Technology, Wages, and Jobs 268 10.1 Introduction 268 10.2 Microeconomic Models of Innovation and Labor Markets 268 10.3 Innovation and Labor Markets: Evidence from Firms 275 10.4 Macroeconomic and Trade Models of Innovation and Labor Markets 280 10.5 Conclusions 289 References 291 PART IV: Economic Policy 295 Chapter 11: Microeconomic Policies to Promote Firm-Level Innovation 297 11.1 Introduction 297 11.2 Is the Intellectual Property System Working? 297 11.3 Incentive Systems for Encouraging Firm-Level R&D 313 11.4 Other Innovation Policies 317 11.5 Conclusions 323 References 325 Chapter 12: Macroeconomic Issues and Policy 329 12.1 Introduction 329 12.2 Macroeconomic Evidence on IPRs and Economic Growth 330 12.3 Trade-Related Aspects of Intellectual Property (TRIPS) 334 12.4 Intellectual Property Rights, Exhaustion, and Parallel Imports 340 12.5 Piracy and Counterfeit 342 12.6 R&D in the Global Economy 344 12.7 International Migration of Skilled Labor 346 12.8 Conclusions 347 References 349 Mathematical Appendix 353 A.1 Production Functions 353 A.2 Present Discounted Value 354 A.3 Derivatives 355 A.4 Marginal Products and Diminishing Returns 356 A.5 Accumulation Equations and Growth Rates 357 A.6 Logarithms and Production Functions 358 A.7 Differential Equations and a Catch-up Model 358 A.8 Estimating Production Functions 359 References 360 Index 361

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Book SynopsisTrade ReviewAn excellent, accessible introduction to the thought of David Harvey, one of the foremost Marxian urban analysts of our era. Cooperative Economics News ServiceTable of ContentsList of FiguresPrefaceAcknowledgmentsIntroductionChapter 1. The Urbanization of CapitalChapter 2. The Urban Process under Capitalism: A Framework for AnalysisChapter 3. Land Rent under CapitalismChapter 4. Class Structure and the Theory of Residential DifferentiationChapter 5. The Place of Urban Politics in the Geography of Uneven Capitalist DevelopmentChapter 6. Money, Time, Space, and the CityChapter 7. Monument and Myth: the Building of the Basilica of the Sacred HeartChapter 8. The Urbanization of ConsciousnessChapter 9. Flexible Accumulation Through Urbanization: Reflection on "Post-Modernism" in the American CityReferencesIndex

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Book SynopsisTrade ReviewElite business history may never be scintillating, but this ambitious book makes it more compelling. * Choice *

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Book SynopsisTrade Review“A meticulously researched, clearly reported and truly infuriating history of the way the top 1% of the world has systematically arranged the way societies operate in order to become even richer, all to the detriment of the rest of us. … The book serves as a call to arms and an invitation to fight back against the continued unabashed pillaging of all economies by those who least need it.” — San Francisco Chronicle “Powerful. … Goodman’s reporting is biting and bitterly funny. … Davos Man shows us that today’s extreme wealth is inextricably linked to a great crime, perhaps the greatest one of this century: the hijacking of our democracy.” — Washington Post “Excellent. ... An angry, powerful look at the economic inequality that's been brought into sharp relief by the COVID-19 pandemic. … A powerful, fiery book, and it could well be an essential one.” — NPR.org "The Times’s global economics correspondent profiles five billionaires (along with workers and migrants across the world) to show how their exploitation of the pandemic has exacerbated inequality across the globe." — New York Times Book Review “Well-written and well-reported. … A passionate denunciation of the mega-rich.” — The Economist "A biting, uproarious yet vital and deadly serious account of the profound damage the billionaire class is inflicting on the world. Peter S. Goodman guides the reader through the hidden stories and twisted beliefs of some of the titans of finance and industry, who continually rationalize their bad behavior to themselves." — JOSEPH E. STIGLITZ, recipient of the Nobel Prize in Economics "Unflinching and authoritative, Peter Goodman’s Davos Man will be read a hundred years from now as a warning, bellowed from the blessed side of the velvet rope, about a slow-motion scandal that spans the globe. Deliciously rich with searing detail, the clarity is reminiscent of Tom Wolfe, let loose in the Alps, in search of hypocrisies and vanities." — EVAN OSNOS, National Book Award-winning author of Age of Ambition and Wildland “One of the great financial investigative journalists, Peter S. Goodman delivers a meticulously detailed account of how the billionaire class has hijacked the world’s economy, feasting on calamity, shirking taxes, all the while spouting bromides about compassionate capitalism. I so wish this tale of limitless greed and hypocrisy was a novel or a mini-series and not the truth about the world in which we live. Reader, prepare to be enraged.” — BARBARA DEMICK, author of Nothing to Envy and Eat the Buddha “New York Times global economics correspondent Goodman mounts a scathing critique of the greed, narcissism, and hypocrisy that characterize those in ‘the stratosphere of the globe-trotting class’… An urgent, timely, and compelling message with nearly limitless implications.” — Kirkus Reviews (starred review) “Impressively detailed. … Very readable, extensively reported. … A well-researched and lively explanation of how the global economy works, and the turning points that have enabled profiteering by the ultra-rich while undermining societal and democratic institutions.” — Charter “Goodman is a skilled reporter whose stories of private affluence and public squalor are filled with detail and human interest.” — Wall Street Journal

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Book SynopsisReveals the nature of Russian capitalism following the fall of the Soviet Union, showing the impact of both Soviet bureaucracy and global capital.Trade Review'An important contribution to understanding capitalism in Russia, more than 20 years after the break-up of the USSR' -- Simon Pirani, Senior Research Fellow, Oxford Institute for Energy Studies'Takes a novel theoretical approach to understanding the corporate enterprise that will fundamentally change how heterodox economists will think them' -- Professor Frederic S. Lee, editor of American Journal of Economics and SociologyTable of ContentsIntroduction 1. Global accumulation and the capitalist world-system 2. From central planning to Capitalism 3. Russian Big Business: Corporate Governance and Time Horizon 4. Rent Withdrawal, Social Conflict and Accumulation 5. Insider Rent and Conditions of Growth in the Russian Economy 6. Accumulation of capital by Russian corporations: some empirical evidence Conclusion References Index

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Book SynopsisA compelling case for recognising media communications as technologies of political economy.Trade Review'Jonathan Beller powerfully addresses the most urgent issue of today's political economy: the gradual merging of capital and computation into new structures of power' -- Matteo Pasquinelli, Professor of Media Theory, University of Arts and Design Karlsruhe'Beller is one of the leading and pioneering theorists of the political economy of attention. This book is extremely pertinent for a readership seeking news ways of understanding contemporary capitalism. Beller has developed an original strategy by placing media archaeology and critical race theory in dialogue with the popularized work of Marshall McLuhan, and also by using Marx and Borges as interlocutors of well-known cyber-theorists such as Turing and Shannon' -- Allen Feldman, Professor of Media, Culture, and Communication at New York University, and author of Archives of the Insensible'So-called digital culture operates on and intensifies a substrate of racial-capitalist calculation that precedes the invention of the electronic digital computer. Jonathan Beller's remarkable book examines the implications of this foundational claim through 'poetico-theoretical' analyses of information theory, literature, and cinema. By tracking the co-constitutive operations of economics, informatics, visuality, and psychology, Beller reveals the violent formations that ground contemporary mediatic regimes' -- Seb Franklin, author of Control: Digitality as Cultural LogicTable of ContentsIntroduction Part I: Informatics of Inscription/Inscription of Informatics 1. Gramsci’s Press: Why We Game 2. A Message from Borges: The Informatic Labyrinth 3. Alan Turing’s Self-Defense: On Not Castrating the Machines 4. Shannon/Hitchcock: Another Method for the Letters 5. The Internet of Value, by Karl Marx: Information as Cosmically Distributed Alienation Part II: Photo-graphology, Psychotic Calculus and Informatic Labor 6. Camera Obscura After All: The Racist Writing with Light 7. Pathologistics of Attention 8. Prosthetics of Whiteness: Drone Psychosis 9. The Capital of Information: Fractal Fascism, Informatic Labor and M-I-M’ Appendix: From the Cinematic Mode of Production to Computational Capital – An Interview conducted by Ante Jeric and Diana Meheik for Kulturpunk Notes Index

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Book SynopsisA compelling case for recognising media communications as technologies of political economy.Trade Review'Jonathan Beller powerfully addresses the most urgent issue of today's political economy: the gradual merging of capital and computation into new structures of power' -- Matteo Pasquinelli, Professor of Media Theory, University of Arts and Design Karlsruhe'Beller is one of the leading and pioneering theorists of the political economy of attention. This book is extremely pertinent for a readership seeking news ways of understanding contemporary capitalism. Beller has developed an original strategy by placing media archaeology and critical race theory in dialogue with the popularized work of Marshall McLuhan, and also by using Marx and Borges as interlocutors of well-known cyber-theorists such as Turing and Shannon' -- Allen Feldman, Professor of Media, Culture, and Communication at New York University, and author of Archives of the Insensible'So-called digital culture operates on and intensifies a substrate of racial-capitalist calculation that precedes the invention of the electronic digital computer. Jonathan Beller's remarkable book examines the implications of this foundational claim through 'poetico-theoretical' analyses of information theory, literature, and cinema. By tracking the co-constitutive operations of economics, informatics, visuality, and psychology, Beller reveals the violent formations that ground contemporary mediatic regimes' -- Seb Franklin, author of Control: Digitality as Cultural LogicTable of ContentsIntroduction Part I: Informatics of Inscription/Inscription of Informatics 1. Gramsci’s Press: Why We Game 2. A Message from Borges: The Informatic Labyrinth 3. Alan Turing’s Self-Defense: On Not Castrating the Machines 4. Shannon/Hitchcock: Another Method for the Letters 5. The Internet of Value, by Karl Marx: Information as Cosmically Distributed Alienation Part II: Photo-graphology, Psychotic Calculus and Informatic Labor 6. Camera Obscura After All: The Racist Writing with Light 7. Pathologistics of Attention 8. Prosthetics of Whiteness: Drone Psychosis 9. The Capital of Information: Fractal Fascism, Informatic Labor and M-I-M’ Appendix: From the Cinematic Mode of Production to Computational Capital – An Interview conducted by Ante Jeric and Diana Meheik for Kulturpunk Notes Index

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Book SynopsisA powerful petition against the privatisation of the criminal justice system.Trade Review'Privatising Justice is a compelling, and often disturbing, account of the shifting boundaries between state and private coercion. Historically grounded and theoretically informed, this book is a thought-provoking examination of emergent forms of public-private power and where they may be headed' -- Dean Wilson, co-author of 'Pre-crime: Pre-emption, Precaution and the Future''In this timely text, Wendy Fitzgibbon and John Lea provide a salutary warning of a potentially dystopian future in which the rule of law is ultimately subservient to, and shaped by, the neoliberal project of expanding the economic domination of the powerful' -- Lawrence Burke, co-author of 'Reimagining Rehabilitation Beyond the Individual''Privatising Justice is a compelling, and often disturbing, account of the shifting boundaries between state and private coercion. Historically grounded and theoretically informed, this book is a thought-provoking examination of emergent forms of public-private power and where they may be headed' -- Dean Wilson, co-author of 'Pre-crime: Pre-emption, Precaution and the Future''This ground-breaking analysis offers a highly readable and thought provoking understanding of the complex interplay between the state, the security industries and the military estate through the lens of privatisation' -- Sandra Walklate, author of 'Gender, Crime and Criminal Justice''The privatisation of justice is one of the riskiest developments of the recent era, yet it is also among the most misunderstood. As such, Fitzgibbon and Lea's rigorous analysis could not be more welcome. It is essential, if at times chilling, reading' -- Shadd Maruna, author of 'Making Good: How Ex-Convicts Reform and Rebuild Their Lives'Table of ContentsAcknowledgements Introduction 1. Old Privatisation 2. The Consolidation of State Power and Legitimacy 3. The Re-emergence of Private War 4. Private Security and Policing 5. The Private Sector in the Penal System 6. Towards a Private State? References Index

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Book SynopsisSteffan Blayney works for a trade union in London and is an honorary research fellow at the University of Sheffield, UK.Joey Hornsby completed her PhD in 2021. Her work was recently published in Nottingham French Studies.Savannah Whaley is a lecturer in theory and performance at King's College London, UK.Trade ReviewIf Marx taught us that capitalist labour ‘mortifies’ the body of the worker, this book is an urgent and critical analysis of that process of mortification. The book refocuses our attention to how the body is both produced and becomes productive under capital’s strident demands upon it. But the authors urge us to consider not the passive trope of bodily resilience when it comes to the global working class, but the constant running script of bodily resistance as workers hide from, defy, or in some moments, dismantle capitalist logic. * Tithi Bhattacharya, Purdue University, USA *This book is a bold intervention into ways of thinking about “the productive body” from Marx to twenty-first century digital capitalism. By encouraging us to reflect on bodies and the future of resistance, it is an essential text for anyone interested in contemporary regimes of power. * Joanna Bourke, Birkbeck, University of London, UK *Taking François Guéry and Didier Deleule’s The Productive Body as a starting point, the chapters collected in this wide-ranging and critical volume show how the dynamics of capitalist social form have shaped (and continue to shape) the practical and discursive treatment of bodies. As the editors and contributors insist, bodies are not transhistorical givens, the ‘real’ or ‘natural’ counterparts to capital’s abstract forms. Rather, their varied uses and meanings appear in the course of those forms’ historical elaboration. * Seb Franklin, King’s College London, UK *Table of Contents1. Introduction: Rethinking Capitalism, Work, and the Body Steffan Blayney, Joey Hornsby & Savannah Whaley 2. The Productive Body Revisited François Guéry 2. The Productive Body Revisited Dan Taylor 4. Corporeal and Abstract: Is There a 'Left Biopolitics' of Bodies? Marina Vishmidt 5. Empty Promises: The Financialization of Labour Phil Jones 6. The Dialectical Body: Bringing Science Back into Socialism Graham Jones 7. Neither Appropriated nor Expropriated: Notes Towards an Autonomist Cripistemology of the Productive Body Arianna Introna 8. The Quantified Self, the Ideology of Health, and Fat Dawn Woolley 9. The Artefact of Losing: The (Bio)poetics of Miscarriage Helen Charman & Christopher Law 10. Reproductive Data-Bodies: Privacy, Inequality and Anti-Abortion Politics in the Age of Platform Capitalism Grace Tillyard 11. Algorithmic Capitalism, the New Machinofacture and the Productive Body Stephen Shapiro & Philip Barnard

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Book SynopsisAccording to conventional wisdom, government may intervene when private markets fail to provide goods and services that society values. This view has led to the passage of much legislation and the creation of a host of agencies that have attempted, by exquisitely detailed regulations, to compel legislatively defined behavior in a broad range of activities affecting society as a wholehealth care, housing, pollution abatement, transportation, to name only a few. Far from achieving the goals of the legislators and regulators, these efforts have been largely ineffective; worse, they have spawned endless litigation and countless administrative proceedings as the individuals and firms on who the regulations fall seek to avoid, or at least soften, their impact. The result has been long delays in determining whether government programs work at all, thwarting of agreed-upon societal aims, and deep skepticism about the power of government to make any difference. Strangely enough in a nation that since its inception has valued both the means and the ends of the private market system, the United States has rarely tried to harness private interests to public goals. Whenever private markets fail to produce some desired good or service (or fail to deter undesirable activity), the remedies proposed have hardly ever involved creating a system of incentives similar to those of the market place so as to make private choice consonant with public virtue. In this revision of the Godkin Lectures presented at Harvard University in November and December 1976, Charles L. Schultze examines the sources of this paradox. He outlines a plan for government intervention that would turn away from the direct command and control regulating techniques of the past and rely instead on market-like incentives to encourage people indirectly to take publicly desired actions.

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Book SynopsisThis book, a crossover hit in France, offers a fresh genealogy of our neoliberal moment.Table of ContentsPreface | vii Introduction: The Lag of the Human Species | 1 1 Readapting the Human Species to the Great Society | 7 2 A Darwinian Democracy | 23 3 The Biological Sources of the Conflict | 52 4 Toward a New Liberalism | 75 5 The Great Revolution: Switching Off Intelligence | 92 6 Reforming the Human Species through Law | 110 7 The Neoliberal Agenda: Toward a New Age of Biopolitics | 130 Conclusion: Governing Life and the Living: Toward New Conflicts | 161 Notes | 171 Bibliography | 197 Index | 203

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Book SynopsisForsyth examines the rise of the professional middle class in the Anglophone world from c. 1870 to 2008. She argues that the British middle class structured forms of virtue into expanding white-collar professional work, needed to drive both economic and civilizational expansion across the US, Australia, Canada and New Zealand.Table of Contents1. Introduction: capitalism, class, and virtue; Part I. Professionalizing the Anglo Economy, c.1870-1945: 2. Civilizing capitalism; 3. Achieving class; 4. From bourgeois to professional; Part II. Managing the Global Economy, c.1945–1975; 5. Angels of the state; 6. Classy work; Part III. The New Class Conflict c.1975–2008: 7. Moral crisis; 8. Success is the only virtue; Epilogue: contours of the new class conflict.

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Book SynopsisAbby Innes argues that the Soviet revolution and British neoliberalism failed for many of the same theoretical and practical reasons. She shows how Britain championed radical economic liberalisation only to weaken and ultimately break its own governing institutions.Trade Review'Abby Innes is one of the most original and provocative analysts of politics in Britain. Her inventive, erudite explorations of both right and left and the many pathologies that make them mimic each other explain so many of the problems which beset the country today.' Rory Stewart, Director of Give Directly, former UK Secretary of State for International Development and co-presenter of the podcast The Rest is Politics'Innes has written a creative, original and deeply insightful account of the modern British state. In comparing the utopianism of neo-liberal thinking and policymaking to that of the Soviet system, she shows how the attempt to translate closed theoretical models into practice leads to weakened forms of governance. This book is critical reading for those trying to understand both contemporary Britain and the nature of modern statecraft.' Jane Gingrich, Professor of Social Policy at the Department of Social Policy and Intervention (DSPI), University of Oxford'The neoclassical project of withdrawing the state from the market ironically rested upon the same fallacy as Soviet planning: that a self-regulating material utopia was possible. The result in both cases was stifling bureaucratic overreach, economic stagnation and system crisis, as the utopia could never be realised. That which is opposite is really the same. Innes offers us more than an analogy of decline. She gives us a forensic dissection of the same pathology in two quite different bodies. A bold and important book.' Mark Blyth, Professor of International Economics at the Watson Institute for International and Public Affairs, Brown University, Rhode Island'Political dogmatism kills, no matter what its ideological shape and pedigree. Abby Innes has given the most meticulous articulation of an insight that, through Václav Havel's writing, nourished the insurrections against the totalitarian regimes in Eastern Europe. Thanks to her merciless dissection of the totalitarian logic of neo-liberalism and her scrupulous account of the damage it has inflicted on Britain, we should be better equipped to find a way out. In Late Soviet Britain, Abby Innes has recast the Enlightenment project by cleansing it of its modernist hubris. Emancipation without utopia requires politics without dogma, and this book charts a new road ahead.' Albena Azmanova, Author of The Scandal of Reason and the multiple-award-winning Capitalism on EdgeTable of ContentsIntroduction: the Gods that failed; Part I. The Materialist Utopias: 1. Rationality and closed-system reasoning; 2. General equilibrium and the balanced plan; 3. On bureaucracy; 4. On 'organised forgetting' in the governing science; Part II. Britain's Neoliberal Revolution: 5. The new public management, or Enterprise planning in capitalist form; 6. Quasi-markets in welfare, or The non-withering state; 7. Tax competition, or The return of regulatory bargaining; 8. Efficient markets and climate change, or Soviet cybernetics 2.0; Part III. The Rise and Fall of the Neoliberal 'Movement Regime': 9. Neoliberalism: the Brezhnev years; 10. A politics for the end of time.

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Book SynopsisWhy are we selling off the impressive public enterprises we often battled as a nation to create?In the early 1900s, thousands of Canadians battled wealthy interests, winning control of Niagara Falls and creating a public power company. Another popular movement succeeded in creating Canada's public broadcasting system to counter American dominance of the airwaves. And a Canadian doctor established a publicly owned laboratory that saved countless lives by producing affordable medications, contributing to medical breakthroughs and helping to eradicate smallpox throughout the world.But in recent decades, we have allowed our inspiring public enterprises to be privatized and our vital public programs downsized, leaving us increasingly dominated by the forces of private greed that rule the marketplace.In The Sport and Prey of Capitalists, Linda McQuaig challenges the dogma of privatization, which has defined our political era. She argues that now moTable of ContentsIntroduction Chapter One….. Justin Trudeau Meets the Smartest Guy on Wall StreetChapter Two….. The Worst Deal of the CenturyChapter Three…..The Thrill of Hearing Organ Music on a Train Crossing the PrairiesChapter Four….Niagara Falls, Berlin RisesChapter Five….. From Horse Barn to World Stage: The Connaught StoryChapter Six….. Driving Out the Loan Sharks: The Case for Public BankingChapter Seven….. Oil and the Search for Our Inner VikingChapter Eight….. The Triumph of the CommonsAcknowledgementsNotesIndex

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Book SynopsisEminent scholar-activist Neil Davidson’s brilliance is on full display in this posthumous work, a timely and prescient introduction to the neoliberal era. While it is widely agreed that neoliberalism arose in the wake of the global economic crisis of the 1970s, there remains much debate about how to understand its significance and even how to define it. Is it best seen as an ideology of free market fundamentalism, a series of policy decisions gutting the public sector and breaking unions, or as an era of capitalist development with its own logic Bringing his considerable intellectual breadth and characteristic generosity to bear on this question, Neil Davidson shows that to truly appreciate what is unique about neoliberalism, and what marks it out as a continuation of capitalism more generally, it is necessary to examine its social dimensions. What Was Neoliberalism? holds fast to Davidson’s conviction that thoroughly understanding the past means being better prepared for the struggles of the future.Trade ReviewPraise for How Revolutionary Were the Bourgeois Revolutions "I was frankly pole-axed by this magnificent book. Davidson resets the entire debate on the character of revolutions: bourgeois, democratic and socialist. He's sending me, at least, back to the library." —Mike Davis, author of Planet of Slums "This is, quite simply, the finest book of its kind." —Tony McKenna, Marx and Philosophy Review of Books “What should our conception of a bourgeois revolution be, if it is to enlighten rather than to mislead ? Neil Davidson’s instructive and provocative answer is given through a history both of a set of concepts and of those social settings in which they found application.His book is an impressive contribution both to the history of ideas and to political philosophy.” —Alasdair MacIntyre, author, After Virtue Praise for Holding Fast to an Image of the Past "This is Neil Davidson at his very best. In a sparkling set of essays, Davidson offers a conceptually sophisticated and historically wide-ranging analysis of the work of classical and contemporary political thinkers. From a critical assessment of Tom Nairn on nationalism to his sympathetic reading of the messianic Marxism of Walter Benjamin, Davidson demonstrates the profound intellectual insights to be derived from a careful, open and non-dogmatic deployment of the theoretical resources of historical materialism." —Satnam Virdee at University of Glasgow "Working from the best grounds of a now-classical materialism, with great interpretive breadth and rich historical learning, Neil Davidson offers astute and measured guidance through some main territories of contemporary Marxist and associated intellectual history.” —Geoff Eley, Distinguished University Professor of Contemporary History University of MichiganTable of ContentsPreface Introduction History Chapter 1: Intellectual antecedents and material origins Chapter 2: Vanguard neoliberalism: regimes of reorientation, 1973-1991 Chapter 3: Social neoliberalism: regimes of consolidation, 1992-2007 Structure Chapter 4: Boom economies? Chapter 5: Broken societies? Chapter 6: Market states? Conclusion: A new phase of capitalist development or a “Third Period” of neoliberalism?

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Book SynopsisEminent scholar-activist Neil Davidson’s brilliance is on full display in this posthumous work, a timely and prescient introduction to the neoliberal era. While it is widely agreed that neoliberalism arose in the wake of the global economic crisis of the 1970s, there remains much debate about how to understand its significance and even how to define it. Is it best seen as an ideology of free market fundamentalism, a series of policy decisions gutting the public sector and breaking unions, or as an era of capitalist development with its own logic Bringing his considerable intellectual breadth and characteristic generosity to bear on this question, Neil Davidson shows that to truly appreciate what is unique about neoliberalism, and what marks it out as a continuation of capitalism more generally, it is necessary to examine its social dimensions. What Was Neoliberalism? holds fast to Davidson’s conviction that thoroughly understanding the past means being better prepared for the struggles of the future.Trade ReviewPraise for How Revolutionary Were the Bourgeois Revolutions "I was frankly pole-axed by this magnificent book. Davidson resets the entire debate on the character of revolutions: bourgeois, democratic and socialist. He's sending me, at least, back to the library." —Mike Davis, author of Planet of Slums "This is, quite simply, the finest book of its kind." —Tony McKenna, Marx and Philosophy Review of Books “What should our conception of a bourgeois revolution be, if it is to enlighten rather than to mislead ? Neil Davidson’s instructive and provocative answer is given through a history both of a set of concepts and of those social settings in which they found application.His book is an impressive contribution both to the history of ideas and to political philosophy.” —Alasdair MacIntyre, author, After Virtue Praise for Holding Fast to an Image of the Past "This is Neil Davidson at his very best. In a sparkling set of essays, Davidson offers a conceptually sophisticated and historically wide-ranging analysis of the work of classical and contemporary political thinkers. From a critical assessment of Tom Nairn on nationalism to his sympathetic reading of the messianic Marxism of Walter Benjamin, Davidson demonstrates the profound intellectual insights to be derived from a careful, open and non-dogmatic deployment of the theoretical resources of historical materialism." —Satnam Virdee at University of Glasgow "Working from the best grounds of a now-classical materialism, with great interpretive breadth and rich historical learning, Neil Davidson offers astute and measured guidance through some main territories of contemporary Marxist and associated intellectual history.” —Geoff Eley, Distinguished University Professor of Contemporary History University of Michigan

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Book SynopsisCapital is a chameleon that assumes different guises while maintaining the same logic, exploiting crisis as an opportunity for regeneration. Yet each transformation opens a passage for radical conflict and new revolutionary theories and subjects.This is particularly true of the critical passage from the 1920s to the 1930s, which Giacomo Marramao presents as an incandescent laboratory of theoretical and practical transformations and fierce confrontations. Moving from Austro-Marxism to Frankfurt School Critical Theory, from Hilferding to Grossmann, and Max Weber to Carl Schmitt, The Bewitched World of Capital shows how 'the Political' was remade in the passage from free-market capitalism to mass society, throwing new light on forms of domination and conflict that also traverse our present.Table of ContentsThe Marxism of Crisis and the Political Morphology of Capital Matteo MandariniNote on the Translations1 Introduction (from Il Politico e le trasformazioni. Critica del capitalismo e ideologie della crisi tra anni Venti e anni Trenta)2 Councils and State in Weimar Germany (with Guido De Masi)3 The Theories of Breakdown and Organised Capitalism in the Debates of ‘Historical Extremism’ (from Il Politico e le trasformazioni)4 ‘Theory of the Crisis and the Problem of Constitution: In the Margin to the Konstitutionsproblematik’ (from Il Politico e le trasformazioni)5 Korsch in Italy6 Gramsci’s Marxism and the Theory of Transition7 Corporate Pluralism, Mass Democracy and Authoritarian State8 From the Crisis of the ‘Self-Organised Market’ to the ‘Authoritarian State’: Notes on the Relationship between Political Economy and Critical Theory (from Il Politico e le trasformazioni)9 Political System, Rationalisation, ‘Social Brain’BibliographyIndex

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Book SynopsisThis book explores technology and the global tech industry in relation to social, health, economic, and environmental relations and politics. Peter Little argues that the power and influence of electronics and Big Tech—from the proliferation of digital platforms to the expansion of global electronic waste streams—is a political-ecological problem that impacts communities and lives in both the Global North and South. From intense resource extraction, industrial pollution, and surging health and economic inequalities, to data-driven surveillance, platform economy proliferation and intrusion, and Silicon Valley corporate-power, Little argues that the political ecology of tech matters now more than ever. Based on a mixture of engagements with tech criticism, ethnographic case studies, and critical analysis and development of guiding concepts—ranging from technocapital to technoprecarious political ecology—the book exposes and interrogates the underlying toxicity, precarity, and planetary politics of the global tech. Critical Zones of Technopower and Global Political Ecology also tracks justice struggles that confront technopower, including “just tech” forms of social action that further reinforce the importance of a global political ecology of technocapitalism in the digital age.Trade ReviewThis book is a must-read to understand the ever-present and intensifying horrors of technocapitalism. -- Alexander A. Dunlap, University of HelsinkiTable of ContentsIntroduction: Amidst Platforms, Pathologies, and Planetary PlunderPart One: Groundwork for a Technocapital Ecology Critique Chapter 1 Technocapitalism and Hegemonic TechnocapitalChapter 2 Pandemic Portals and Pathologies of TechnopowerChapter 3 Technocapital Ecologies and Toxic Sacrifice ZonesPart Two: Toxic Frontlines of Technopower in the Global North and SouthChapter 4 Big Tech Necropolitics and Toxic Sacrifice in the Global NorthChapter 5 Toxic Supply Chains and E-Waste Ecologies in the Global SouthPart Three: On Global Political Economy and Just Tech TransitionsChapter 6 On Technopowered Late Liberal DemocraciesChapter 7 Engaging Tech and the Limits of Transformation: A Conversation with Mark BlythChapter 8 On Just Tech and Emerging Ecologies of CareConclusion: Towards a Technoprecarious Political Ecology

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Book SynopsisNow in its second edition, Global Capitalism and Climate Change: The Need for an Alternative World System examines anthropogenic climate change in the context of global capitalism, a political economy that emphasizes profit-making, is committed to on-going economic growth, results in massive social inequality, fosters a treadmill of production and consumption, and is heavily reliant on fossil fuels. Looking ahead, Hans A. Baer explores the systemic changes necessary to create a more socially just, democratic, and environmentally sustainable world system capable of moving humanity toward a safer climate. This book is recommended for readers interested in anti-systemic efforts, including eco-anarchism, eco-feminism, the de-growth perspective, Indigenous voices, and the climate justice movement.Trade ReviewSystem change has been an increasingly strong rallying call within climate action movements. But what does it really mean? In this second edition of Global Capitalism and Climate Change: The Need for an Alternative World System, nearly a decade since its original publication, Hans A. Baer details the massive implications of system change for the climate emergency that we are now experiencing globally. -- Anitra Nelson, The University of MelbourneHans A. Baer has for years produced critical and original work on the climate crisis, and this book, now in its second edition, may well be his masterpiece—passionately written, filled with facts and critical analysis, and crystal clear in its radical message. You can read it as a manual, a clarion call, an encyclopedia, or a guidebook. It has everything you need to understand why fundamental changes are necessary and how we can make them happen. Indeed, Baer makes it possible to imagine the end of capitalism rather than the end of the world. That is no mean achievement. -- Thomas Hylland Eriksen, University of OsloTable of ContentsChapter 1: The Impact of Climate Change on the Environment and Human Societies Chapter 2: The Capitalist World System and its Contradictions Chapter 3: The Capitalist Treadmill of Production and Consumption as a Generator of Greenhouse Gas Emissions Chapter 4: The Inadequacies of Existing Climate Regimes for Mitigating Climate Change Chapter 5: Why Green Capitalism Is Insufficient to Mitigate Climate Change Chapter 6: The Climate Movement: Internationally, Nationally, and Locally Chapter 7: Visions of the Future: Dystopia, Reflexive Modernization, and Eco-Socialism Chapter 8: Toward a Socio-Ecological Revolution: System-Challenging Transitional Reforms Conclusion: Climate Change, the COVID-19 Pandemic, and the Need for Eco-Socialism

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Book SynopsisThe book is an exploration, on both theoretical and empirical grounds, into the nature and the transformation of the state in the neoliberal era. Nowadays, a widespread crisis of legitimation affects the institutions and authority of the state; similarly, and especially after the Great Crisis of 2008 to present, the European project is increasingly questioned by populist and neo-nationalist forces, which politically advance in the state and society, and promote further coercive-oriented reconfiguration of state powers and apparatus. The ‘nationalist international’, the ‘new populists’ and/or the ‘rise of new international fascism’ are questions on the verge of international scholarship and political debate. However, many of these studies often miss the specificity and critical importance of the study of the state and of state (institutional and ideological) powers; even more importantly, the phenomenon of populism/neo-authoritarianism is interpreted by the mainstream as a clear break with traditional centrist parties, with the result of neglecting the past authoritarian tendencies that accompany the entire history of neoliberalism. This book aspires to be a guide for political activist and policy-makers: specifically, by showing how the state is of critical importance to the making of neoliberalism in institutional and cultural terms, it also aims to rethink the state as the arena of politics and, accordingly, as the key site to promote alternatives to neoliberalism.Table of ContentsAcknowledgementsAbbreviationsList of Figures1. Introduction2. The State and its Transformations: An Unfolding Debate3. The Integral State and its Transformations in the Global Political Economy: An Alternative Approach4. A Difficult Republic: Italy from the ‘Economic Miracle’ to the Neoliberal Order5. The Discursive Construction of the Neoliberal State in Italy6. The Rise of the Executive State and the Crisis of Parliamentary Democracy7. Society, Territory, Politics: Understanding Contemporary Crises in Italy8. Conclusions: State Transformations, Decline of Democracy and Neoliberal Organic CrisisBibliographyAppendix 1Index

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Book SynopsisIn Austrian economic thought, “human action” guides all social and cultural experience. For both the real world and for fictional texts, this starting point can illuminate literature in new ways and offer valuable insight for literary critics who have previously been beholden to Marxism and other anti-capitalist perspectives. In Re-Reading Economics in Literature: A Capitalist Critical Perspective, Matt Spivey posits that in its relationship to literature, Austrian economic criticism entails a methodology that embraces the following: 1) an analytical reading that promotes both the individual artist as the creator of literature and the individual reader as the consumer of literature; 2) an understanding of the entrepreneurial quality of literature, that capitalism is a system that embraces creativity and evolution in the marketplace; and 3) a recognition of subjective value as fundamental to human choice and action, both in art and in the real world. In addition to the study of the individual, Spivey also incorporates the concepts of business cycles, government intervention, social dynamics, and technological evolution in his analysis. Scholars of literary studies and economics will find this book particularly useful. Table of ContentsIntroduction1: The Austrian School of Economic Literary Criticism2: The Power of Human Capital in Frederick Douglass’s Narrative3: Gatsby, Daisy, and the Austrian Business Cycle4: “The Monster’s Sick”: Rural Economics in The Grapes of Wrath5: Bigger’s World: Urban Economics in Native Son6: Rage Against the Machine: Kurt Vonnegut’s Player PianoConclusionWorks Cited

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Book Synopsis In the nineteenth century, the Netherlands and its colonial holdings in Java were the sites of dramatically increased industrialization. Led by a group of “merchant kings” who exemplified gentlemanly capitalism, this ambitious trading project transformed the small, economically moribund Netherlands into a global power. Merchant Kings offers a fascinating interdisciplinary exploration of this episode and reveals not only the distinctive nature of the Dutch state, but the surprising extent to which its nascent corporate innovations were rooted in early welfare initiatives. By placing colony and metropole into a single analytical frame, this book offers a bracing new approach to understanding the development of modern corporations.Trade Review “Schrauwers adds new theoretical insights into studies of governmentality through the concepts of corporate governmentality and corporatization as well as his unique conceptualization of assemblage. In this light, Schrauwers’ book will be particularly useful for anthropologists, historians, and sociologists who study governmentality, capitalist modes of production, political economy, and colonial-trade history.” • Society for the Anthropology of Work “Merchant Kings presents a fascinating and detailed study of corporate practices in the nineteenth-century Dutch colonial empire. It will make an important contribution to our understanding of corporations, colonization, and capitalism.” • Joshua Barkan, University of Georgia “A well-written and compelling book, offering a new view on the nineteenth-century economy of the Dutch Empire.” • Elise van Nederveen Meerkerk, Utrecht UniversityTable of Contents List of Illustrations Acknowledgements Section I: State Formation in the Greater Netherlands Introduction: Corporate Governmentality Chapter 1. Aristocratic Restoration in the Nineteenth-Century “Greater Netherlands” Section II: Corporate Governmentality in the Realm of the Merchant-King Chapter 2. Policing the Pauper in the Realm of the Merchant-King Chapter 3. The Cultivation System Chapter 4. Manufacturing Commodity Chains: The NHM and Cotton Chapter 5. “Sweetening the Pot”: the Javanese Sugar Industry Chapter 6. Weaving an Empire: G. & H. Salomonson and the “Social Question” Section III: The Credit Mobilier and Corporate Assemblage Chapter 7. Political Economy, the “Self-Regulating Market” and “Economic Governance” Chapter 8. The Credit Mobilier: Constructing an Economic Sovereignty Chapter 9. The Credit Mobilier and the Railways Conclusion: Assemblage, Corporatization, and the Government of the Economy Bibliography Index

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Book Synopsis The historian Wolfgang Mommsen was one of the foremost experts on Max Weber as well as an insightful and accessible interpreter of his work. Mommsen’s classic book, first published in 1974 under the title The Age of Bureaucracy, not only concisely explains the basic concepts underlying Weber’s worldview, but also explores the historical, social, and intellectual contexts in which he operated, including Weber’s development as an academic, his relationship to German nationalism, and his engagement with Marxism. Supplemented with a new foreword, a bibliography that includes recent studies, and a postscript by Volker Berghahn that surveys the most important debates on Weber's work since his death, this short volume serves as an excellent resource for scholars and students alike.Table of Contents Foreword Volker R. Berghahn Preface to the First Edition List of Abbreviations Introduction Chapter 1. The Universal Historian and the Social Scientist Chapter 2. The Champion of Nationalist Power Politics and Imperialism Chapter 3. The Alternative to Marx: Dynamic Capitalism instead of Bureaucratic Socialism Chapter 4. The Theory of the ‘Three Pure Types of Legitimate Domination’ and the Concept of Plebiscitarian Democracy Chapter 5. A Liberal in Despair Postcript Volker R. Berghahn Select Bibliography

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Book Synopsis The historian Wolfgang Mommsen was one of the foremost experts on Max Weber as well as an insightful and accessible interpreter of his work. Mommsen’s classic book, first published in 1974 under the title The Age of Bureaucracy, not only concisely explains the basic concepts underlying Weber’s worldview, but also explores the historical, social, and intellectual contexts in which he operated, including Weber’s development as an academic, his relationship to German nationalism, and his engagement with Marxism. Supplemented with a new foreword, a bibliography that includes recent studies, and a postscript by Volker Berghahn that surveys the most important debates on Weber's work since his death, this short volume serves as an excellent resource for scholars and students alike.Table of Contents Foreword Volker R. Berghahn Preface to the First Edition List of Abbreviations Introduction Chapter 1. The Universal Historian and the Social Scientist Chapter 2. The Champion of Nationalist Power Politics and Imperialism Chapter 3. The Alternative to Marx: Dynamic Capitalism instead of Bureaucratic Socialism Chapter 4. The Theory of the ‘Three Pure Types of Legitimate Domination’ and the Concept of Plebiscitarian Democracy Chapter 5. A Liberal in Despair Postcript Volker R. Berghahn Select Bibliography

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Book Synopsis Claims around 'who deserves what and why' moralise inequality in the current global context of unprecedented wealth and its ever more selective distribution. Ethnographies of Deservingness explores this seeming paradox and the role of moralized assessments of distribution by reconnecting disparate discussions in the anthropology of migration, economic anthropology and political anthropology. This edited collection provides a novel and systematic conceptualization of Deservingness and shows how it can serve as a prime and integrative conceptual prism to ethnographically explore transforming welfare states, regimes of migration, as well as capitalist social reproduction and relations at large.Trade Review “This is an excellent collection that has a coherence that is rare in edited volumes. It makes a major contribution to social scientific understandings of inequality through its focus on categorisations of ‘deservingness’. In what I think is a brilliant move, it combines conceptual and historical analysis with a focus on three themes that are rarely brought together in a single volume, namely: social welfare, migration and personal/household debt.” • Paul Stubbs, Former Co-President of the Association for the Anthropology of Policy of the American Anthropological Association “The book addresses the concept of deservingness from different points of view. The four main parts of the book are rich in ethnography, have a strong theoretical background and offer to the reader a panoramic view that takes into consideration the (un)deservingness as a processual and relational notion rather than a condition.” • Georgeta Stoica, Université de La RéunionTable of Contents Acknowledgements Introduction: Deservingness: Reassessing the Moral Dimensions of Inequality Andreas Streinzer and Jelena Tošić Part I: Deservingness – Genealogies, Struggles and Ideologies Chapter 1. Caring for the Old and Letting Them Die: A Political Economy of Human Worth Susana Narotzky Chapter 2. Must the Tired and Poor ´Stand on Their Own Two Feet`? Tools for Analyzing How Migrants’ Deservingness is Reckoned Sarah S. Willen and Jennifer Cook Chapter 3. Deserving Classes without Class: Explaining the Neo-Nationalist Ascendency Don Kalb Chapter 4. A Methodological, Reflexive and Comparative Approach to Deservingness Erik Bähre Part II: Categories, Policies and Negotiations of Deservingness Chapter 5. Hartz IV. Affective and Sensual Registers of Moral Inferiority Stefan Wellgraf Chapter 6. Unemployment, Deservingness and Ideological Apparatuses: A Case Study from Turin, Italy Carlo Capello Chapter 7. The Politics of Austerity Welfare: Charity, Discourses of Deservingness and Human Needs in a Portuguese Church Parish Patricia Matos Chapter 8. ‘Here, Morality is a Sense of Entitlement’: Citizenship, Deservingness, and Inequality in Suburban America Elisa Lanari Part III: The (Un)Deserving Migrant/Refugee Chapter 9. Ambivalences of (Un)Deservingness: Tracing Vulnerability in the EU Border Regime Sabine Strasser Chapter 10. The Politics of Deservingness among Resettled Bhutanese Refugees Nicole Hoellerer Chapter 11. Suffering and Vulnerability Reconfigured. Refugee Images of Hungarian Migrants Working in Refugee Accommodation Institutions in Germany Ildikó Zakariás and Margit Feischmidt Part IV: Debt Relations – State, Market Actors and Debtors Chapter 12. Do Mortgagors in Hardship Deserve Debt Relief? Legitimizing and Challenging Inequality during the Spanish Home Repossessions Crisis Irene Sabaté Chapter 13. Households on Trial: Over-Indebtedness, State and Moral Struggles in Greece Theodora Vetta Chapter 14. Victims, Patriots and Middle Class: The (Un)Deservingness of Debtors in Post–Credit Boom Croatia Marek Mikuš Afterword: Differentiating Deservingness James G. Carrier Index

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Book Synopsis With a team of anthropologists and geographers, Insidious Capital explores “value and values” in what may well be the last phase of capitalist globalization. In a global perspective of fast transforming social spaces that move from East to West, the book explores the struggles around the exploitation and valuation of labor, environmental politics, expansion of the ground rent, new hierarchies, the contradictions of higher education, the off shoring of “immaterial” labor, the illiberal right, and the mobilizations against it. This is a book about the variegated frontlines of value within an uneven, but not random, geography of capitalist expansion.Trade Review “This is a very interesting book that explores ‘the frontlines of value’ and globalization through several carefully constructed case studies from different parts of the world.” • Lesley Gill, Vanderbilt University “This is a shining example of the sensitive, nuanced, and path-breaking work going on in Marxist scholarship today, opening new pathways for theoretically informed ethnographic work on global capitalism, anywhere and everywhere. Insidious Capital is exactly the book we need right now.” • Christopher Krupa, University of TorontoTable of Contents Foreword Don Kalb Introduction: Value: Regimes and Frontlines at the End of the Cycle Don Kalb Chapter 1. Special Economic Zones: The Global Frontlines of Neoliberalism’s Value Regime Patrick Neveling Chapter 2. On Difference and Devaluation: Notes on Exploitation in a Myanmar Squatter Settlement Stephen Campbell Chapter 3. Carbon as Value: Four Short Stories of Ecological Civilization in China Charlotte Bruckermann Chapter 4. Enclosing Gurugram: Vernacular Valorization as India’s Urban Frontline Tom Cowan Chapter 5. Construction, Labor, and Luxury in Kathmandu’s Post-Conflict Tourism Economy Dan Hirslund Chapter 6. Dispossession as a Manifold: The Value Frontlines of Authoritarian Populist Politics in Turkey Katharina Bodirsky Chapter 7. “Scraps from the Bourgeois Kitchen”: on the Romanian Frontline of Outsourced Creativity Oana Mateescu and Don Kalb Chapter 8. "As Much Value as Possible”: Construction, Universities, Finance, and the “Greater Good” in the Northeast of England Sarah Winkler-Reid Chapter 9. Labor, Value, and Frontlines in Reading and Berks County, Pennsylvania, United States, the Year 2020 Sharryn Kasmir

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Book SynopsisThe Cold War was a series of momentous worldwide events and Capitalism Vs Communism is designed to give an introductory overview, while also providing context for more recent political moments. The conflict played out between communism and capitalism for most of the second half of the twentieth century came quickly to be termed the Cold War. The birth of communism in Europe can be traced as far back as Karl Marx’s Communist Manifesto of 1848 but the ideology was first actively imposed only after the 1917 revolution in Russia under the leadership of Lenin followed by Stalin. During the Second World War, an uneasy alliance between capitalism and communism led to the defeat of Nazi Germany but with the coming of peace, that alliance was replaced by Russian domination of Eastern Europe, while China was overrun by Mao Tse-Tung’s communist forces. The Cold War began immediately after the end of WW2 when the United States sought to prevent the spread of communism. Mark Hichens has delivered a well researched, but accessible introduction to the Cold War and its lasting effects.

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Book SynopsisJean Lescure’s two-volume General and Periodic Crises of Overproduction is a pioneering study of the causes and consequences of industrial crises in capitalist economies in the nineteenth and early twentieth centuries. The author, who held doctorates in political economy and law, is most remembered as a founder of the French historical school and a staunch advocate of empiricism in the economic sciences. Lescure called his approach the ’complex historical method’, by which he sought to revise classical and quantitative economic theory through the historical analysis and statistical observation of cyclical phenomena. Ever the controversialist, Lescure wrote in an engaging style, accessible to non-specialists and economists alike, and critiqued the leading monetary theorists of the period, insisting that observation of the movements in production costs, industrial orders and profits be given priority over circulation and credit in understanding the periodic crises of capitalist economies. In Lescure’s view, crises were inevitable in both market and command economies and their onset and consequences were predictable with the help of the more detailed production statistics newly available to economists and entrepreneurs at the time. Observation of corporate profits, the margin between cost price and selling price, provided the means to predict crises and measure their impact, not only on industry and trade but also on the working classes who would endure unemployment and the many social ills that accompany it. Lescure, unlike many of the liberal economists of the time, was always careful to include in his historical account statistical analysis of unemployment figures, as well as those on crime, marriage and birth rates, homelessness and suicide. Although he remained sceptical of government intervention in the form of monetary policies adjusting the money supply, and lauded the success of industrial concentration and trusts in reducing costs and prices, Lescure admitted the state’s role in the recovery of the 1930s, when social insurance schemes and investment in public works mitigated the worst effects of unemployment for industrial labour. This treatise, which grew out of his doctoral work, was a lifetime project for Lescure, who updated it periodically over five editions, to include each new cycle of growth, crisis, depression and recovery. Volume one provides a historical study of economic crises from the post-Napoleonic period through the Great Depression and the recovery of the late 1930s. Volume two offers a critique of the theories of crises, their causes and potential remedies, in which Lescure outlines his preference for ‘organic’ theories that focus on the production process and qualitative statistical observation of the movements in costs, selling prices, industrial orders and profits. The text of the fifth edition appears here in English for the first time, unabridged and complete with editorial materials designed to help the English reader understand the work on its own terms and situate its author’s prominent place in the history of economic thought.Trade ReviewThis first authoritative English scholarly edition of Jean Lescure’s seminal work on business cycles is essential reading for all who study economics and and markets. Lescure showed that to understand market success and periodic failure, economists had to take a historical view, using high quality, long-term statistics— Jacob Soll, University Professor and Professor of Philosophy, History, and Accounting, University of Southern California“Lescure’s book is a powerful historical reminder that ‘the study of the general movement of business cannot dispense with the study of the main branches of production.’ Aggregate dynamics cannot be detached from the transformation of internal structures. This entails that the theory and the policy of economic fluctuations need a multisectoral viewpoint. The co-editors have done an admirable job and have provided an outstanding introductory essay.” — Alberto Quadrio Curzio, Professor Emeritus of Political Economy at Università Cattolica del Sacro Cuore, Milan, ItalyThis book is a classic in the empirics and theory of industrial fluctuations and an English translation has been long overdue. Its emphasis on overheating as the primary signal and cause of an approaching crisis is combined with a detailed reconstruction of the role of different industries in economic fluctuations. Lescure’s core and most valuable lesson is that the analysis of industrial crises must combine the sectoral and the macro levels of investigation, and that multi- layered interdependence provides the key for the differential diffusion of crises across industrial sectors and economic systems— Roberto Scazzieri, National Lincei Academy and University of Bologna Gonville and Caius College and Clare Hall, Cambridge.‘Jean Lescure’s Des Crises is a lively and original blend of historical narrative, statistical evidence and contextually grounded theoretical construction that revolves around interde-pendencies between sectors and countries. The work is wonderfully contextualized and translated in this first English edition, which will be of great interest to students of economic crises.’ — Ivano Cardinale, Reader in Economics, Goldsmiths, University of London‘Lescure’s book belongs to the early nineteenth-century literature on economic fluctuations, but is of striking actuality for its discussion of market and sectoral interdependencies within and between nations; generalized crises; and contagion in a globalized world. The editors and the translator deserve the gratitude of economists, historians and historians of economic thought for this edition of a classic treatise that may have suffered from a language barrier thus far.’ — Lilia Costabile, University of Naples Federico II and Clare Hall, CambridgeTable of ContentsAcknowledgements; Introduction: Jean Lescure on the Role of Solidarité in Industrial Economies and Among the Social Sciences; Early Biography; The First World War and the Globalization of Crises; Lescure and Aftalion on Interdependencies in the Economy and the Possibility of General Overproduction Crises; Methodological Pluralism and Interdependencies in the Social Sciences; Historical Narrative and Statistical Evidence in Lescure’s ‘Complex Historical Method’; Lescure’s Liberalism and the Role of Government in the Recovery of the 1930s; Lescure’s Complex Historical Method and the Use and Misuse of Statistics; Are Crises Inevitable and Forecastable?; Translator’s Note; General and Periodic Crises of Overproduction; Volume I: The Phenomenon; Chapter 1: The Phenomenon; Section 1: A Historical Study of Economic Crises; Section 2: Theoretical Outline of the Alternating Periods of Growth and Depression; Section 3: The Role of Various Industries in the Alternating Periods Growth and Depression; Volume II: Causes and Remedies; Chapter 2: The Causes of General Overproduction Crises; Section 1: Theories Explaining Crises as Monetary Phenomena; Section 2: Theories Explaining Crises Through the Phenomena of Production, Consumption and Distribution; Chapter 3: Remedies for Crises; Section 1: Is the Crisis an Evil?; Section 2: Remedies; Section 3: Crises and the Working Class; Conclusion; Annexes; Appendix One: Bibliography of the Works Cited by Jean Lescure; Appendix Two: Bibliography of the Works of Jean Lescure; Index

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Book Synopsis**THE NEW YORK TIMES BESTSELLER**We're living on the wrong clock. And it's destroying us.'To read it is ... to experience how freedom might feel' Oliver Burkeman, author of Four Thousand WeeksOur life is dominated by the corporate clock that so many of us contort ourselves to fit inside. It wasn't devised for people, but for profit. We need to embrace a whole new concept of time: one that gives us and our planet a brighter future.In Saving Time, Jenny Odell, bestselling author of How to Do Nothing, examines how we got to the point where time became money. Taking inspiration from the pre-industrial, ecological and geological rhythms of our world, she offers us radical new models to live by that make a more humane, more hopeful existence seem possible.Now is our moment to rethink. And if we do, time might just save us.'An inimitable gift' Jia Tolentino, author of Trick Mirror'One of the most important books I've read in my life' Ed Yong, author of An Immense WorldSaving Time featured on the New York Times bestseller list 26.3.23Trade ReviewSaving Time is an exposé of our past, an antidote to our present, and a manifesto for the future. It is rigorous, compassionate, profound, and hopeful. It is one of the most important books I've read in my life * Ed Yong, author of An Immense World *A revealing exploration of the forces that keep us locked in a shallow, commodified and adversarial relationship with time. But it is also a portal to a far richer alternative. To read it is to slip through the bars of our modern temporal prison and experience how freedom might feel * Oliver Burkeman, author of Four Thousand Weeks *The rarest kind of intervention: it alters you immediately, and then it lasts ... Saving Time is an inimitable gift * Jia Tolentino, author of Trick Mirror *A rare book that does more than meet the current moment, it defines it * Booklist *Odell's journey to find the best way to use our limited time on earth is an eye-opening look at what it really means to be alive * TIME *It is in the gap between present and future, where outcomes are not yet determined, that Jenny Odell enters with her paradigm-destroying new book ... [A] grand, eclectic, wide-ranging work * New York Times *Stunning ... Odell approaches time in a way I've only seen previously in science fiction [and] this expansiveness, both thematic and formal, is what makes Odell's writing so valuable and unique. ... It is, ultimately, an extraordinarily good thing that Odell's work exists in the world * Irish Times *Fiercely generous ... invites us to exit the superhighways and explore the scenic detours, byways, rebel camps, the other visions of who we can be while reminding us that slowness can yield more than speed * Rebecca Solnit, author of Orwell's Roses *Odell has gifted us a way to move through this intertidal moment by reclaiming our more intuitive, felt experience of the passage of time. ... A beautiful, clarifying, and surprisingly reassuring literary triumph * Douglas Rushkoff, author of Present Shock *Saving Time is about what it means to be on the clock, personally, politically and existentially. The book's writing glows. Reading this book is like being in the company of a particularly thoughtful friend: Odell shows you the truths of the structures you inhabit and then, warmly, attempts to protect you from your own nihilism * Alissa Quart, author of Bootstrapped *From the vast sweep of geological time to incremental seasonal changes observed on a single branch in a local park, this potently mysterious book explores the ways in which we might begin to challenge the cramped temporal confines of our modern lives * Helen Gordon, author of Landfall *By now a legend thanks to the simple but impactful wisdom of her first book, How to Do Nothing, Jenny Odell furthers her argument for escaping the so-called attention economy. ... This follow-up promises to be as satisfying, optimistic, and enrapturing as Odell's original bestseller * Elle *An intriguing look into our attitudes to time ... striking * Guardian *A scintillating and important meditation on the notion of time * Times Literary Supplement *A powerful critique of the way we conceive of time in the modern, industrial world ... striking ... Odell calls for a way of living that is less extractive, less dependent on domination, and less about the human self * Guardian *The bestselling author of How to Do Nothing ... returns with another urgent examination of modern life * i-D *A moving and provocative game changer * Publishers Weekly *In a work both magisterial and elliptical, Odell takes on the concept of 'time' from every conceivable angle ... This is both an irresistible big-idea book an a guide to rethinking a burning world * LA Times *A penetrating, provocative investigation into the subject of time - how to understand and live with it - on both an individual and societal level ... impressive * Shelf Awareness *Temporal structure has its comforts, particularly following a tumultuous three years ... That yo-you effect [of the last few years] drew me to Saving Time, Jenny Odell's sharp book tracing the cultural forces that shape our conception of time * Laura Regensdorf, Vanity Fair *

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Book SynopsisWe live in a society surrounded by stuff and bombarded with advertisements that try to convince us that shopping will improve our lives. Sometimes our lives do improve, yet our purchases are more often motivated by an impulse to satisfy immediate desires rather than reflective deliberation about how our purchasing choices enable us to live the lives we want. Christian moral reflection often criticizes this conundrum as “mindless consumerism,” arguing that it pulls Christians away from loving God above all things. While such critiques often encourage Christians to focus their desire on God rather than material goods, we might still wonder how we can exercise such control over our desires. By attending to desire itself ─ how it arises, how it is shaped by social context, and its role in cultivating a virtuous life ─ we can learn how to desire and then act in ways that are more consonant with our conception of what it means to live well. Within the Christian tradition, Thomas Aquinas offers a compelling model of human desire that, when juxtaposed with Pierre Bourdieu’s theory of social practices, can help us make more considered judgments about how to navigate the consumer society in which we live.Trade ReviewFor those rightly concerned with the ways consumerism deforms desire, Christine Darr gives us something worth consuming – a wonderful treatment of the habits of consumption and how they interact with habits of character. However, much more than and certainly far more helpful than a simple diatribe, Darr’s excavation of how desire is formed and shaped in pursuit of the American Dream – in conversation with the likes of Aquinas, Bourdieu and MacIntyre – gives the reader important tools for becoming a more reflective, and one hopes, freer and more responsible consumer. In this regard, the treatments of the virtue temperance and the practice of cooking are gems. -- Daniel M. Bell, Jr., Utah Valley UniversityTable of Contents1. Recent Christian Ethical Reflection on “Consumerism”2. Human Desire in a Consumerist Culture3. Practice, Advertising, and the American Dream4. Cultivating Virtue within American Capitalism5. Consumer Practice as a Possible School for Virtue

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Book SynopsisAfter the First World War, the effects of financial crisis could be felt in all corners of the newly formed Weimar Republic. The newly interconnected world economy was barely understood and yet it was increasingly made visible in the films of the time. The complexities of this system were reflected on screen to both the everyday spectator as well as a new class of financial workers who looked to popular depictions of speculation and crisis to make sense of their own place on the shifting ground of modern life. Finance and the World Economy in Weimar Cinema turns to the many underexamined depictions of finance capital that appear in the films of 1920s Germany. The representation of finance capital in these films is essential to our understanding of the culture of the Weimar Republic – particularly in the relation between finance and ideas of gender, nation and modernity. As visual records, these films reveal the stock exchange as a key space of modernity and coincide with the abstraction of finance as a vast labour of representation in its own right. In so doing, they introduce core visual tropes that have become essential to our understanding of finance and capitalism throughout the twentieth century.Table of ContentsIntroduction Chapter 1: The Stock Exchange as a Space of Modernity and Labour of Representation The Stock Exchange as a Space of Modernity The Stock Exchange as a Labour of Representation Chapter 2: Dr. Mabuse and His Doubles Dr. Mabuse the Speculator Dr. Mabuse and the Weimar Financial Imaginary Chapter 3: Women and Financial Capital in Weimar Cinema The New Woman as Speculator Women as a Medium of Exchange Chapter 4: Finance, Liquidity and the Crisis of Masculinity in Weimar Cinema The Threat of Dissolution Reactionary Modernism and Finance Capital Chapter 5: The Aggregate Image and the World Economy Macroeconomic Visions Epilogue Fungibility and Authenticity Appendix Bibliography

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