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Book SynopsisText in Arabic. Theres no such thing as a free market. Globalization isnt making the world richer. Poor countries are more entrepreneurial than rich ones. This fact-packed book about money, equality, freedom and greed proves that the free market isnt just bad for people -- its an inefficient way of running economies, too. Here Chang lays out the alternatives, and shows theres a better way.Trade ReviewChang presents an enlightening precis of modern economic thought-and all the places it's gone wrong, urging us to act in order to completely rebuild the world economy: "This will [make] some readers uncomfortable...it is time to get uncomfortable Publishers Weekly Chang, befitting his position as an economics professor at Cambridge University, is engagingly thoughtful and opinionated at a much lower decibel level. "The 'truths' peddled by free-market ideologues are based on lazy assumptions and blinkered visions," he charges. Time Myth-busting and nicely-written collection of essays Independent, UK Shaking Economics 101 assumptions to the core ... Eminently accessible, with a clearly liberal (or at least anticonservative) bent, but with surprises along the way-for one, the thought that markets need to become less rather than more efficient. Kirkus Reviews For anyone who wants to understand capitalism not as economists or politicians have pictured it but as it actually operates, this book will be invaluable -- John Gray Observer, UK A lively, accessible and provocative book Sunday Times, UK For 40 years, I have worked as a journalist and trained thousands of other journalists from my former perches as a University of Missouri Journalism School professor and as executive director of Investigative Reporters and Editors. I have written newspaper articles, magazine features and entire books with heavy doses of economics policy and business behaviour. I wish the book 23 Things They Don't Tell You About Capitalism had been available when I was a rookie; I would have been more alert to the hands-off-business catechism by which Americans are relentlessly indoctrinated. -- Steven Weinberg Remapping Debate I doubt there is one book, written in response to the current economic crisis, that is as fun or easy to read as Ha-Joon Chang's 23 Things They Don't Tell you About Capitalism. -- Don Hazen, Executive Editor AlterNet

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Book SynopsisConceptual and practical, this book will influence the next decade or more of road design in ecologically sensitive areas and should prevent countless unnecessary wildlife fatalities.Trade ReviewRoad kills seriously affect some animal populations, and this book should be required reading for high school and college students, faculty, and general readers. CHOICE Reviews A primary goal of the editors is to broaden the reader's view of road impacts on small animals by providing the ecological context within which the public infrastructure (roads, bridges, etc.) functions... The book is a call to action for researchers, engineers, landscape planners, and others involved with road ecology to collaborate... to reach common goals. Herpetological Review University researchers, government agencies involved in transportation issues, land managers, conservation biologists, and anyone concerned with the losses to herpetofauna and small mammals because of roads will find this volume to be an important and insightful resource. Quarterly Review of BiologyTable of ContentsList of ContributorsForewordAcknowledgmentsIntroductionChapter 1. A History of Small Animal Road EcologyChapter 2. Natural History and Physiological Characteristics of Small Animals in Relation to RoadsChapter 3. Direct Effects of Roads on Small Animal PopulationsChapter 4. Road Effects on Habitat Quality for Small AnimalsChapter 5. Engaging the Public in the Transportation Planning ProcessChapter 6. The Current Planning and Design Process Chapter 7. Sources of FundingPractical Example 1Chapter 8. Planning and Designing Mitigation of Road Effects on Small AnimalsChapter 9. Mitigating Road Effects on Small AnimalsChapter 10. Modifying Structures on Existing Roads to Enhance Wildlife PassageChapter 11. Construction and MaintenanceChapter 12. Monitoring Road Effects and Mitigation Measures and Applying Adaptive ManagementPractical Example 2Chapter 13. The Road AheadIndex

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Book SynopsisHong Kong's income inequality is greater than that in any developed economy. The growing unequal income distribution and poverty in Hong Kong have aroused public concern. This book is a timely and important opportunity to advance the theory and practice of poverty and social exclusion measurement, and to conduct policy relevant analyses in Hong Kong.

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Book SynopsisEconomic and other outcomes differ vastly among individuals, groups, and nations. Many explanations have been offered for the differences. Some believe that those with less fortunate outcomes are victims of genetics. Others believe that those who are less fortunate are victims of the more fortunate.Discrimination and Disparities gathers a wide array of empirical evidence to challenge the idea that different economic outcomes can be explained by any one factor, be it discrimination, exploitation, or genetics. This revised and enlarged edition also analyzes the human consequences of the prevailing social vision of these disparities and the policies based on that vision--from educational disasters to widespread crime and violence.

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Book SynopsisA non-Eurocentric, sweeping look at the material conditions and events that created capitalismTrade Review'A fundamental rethinking of the origins of capitalism and the emergence of Western domination by the interactive relations with the non-European world. Highly Recommended.' -- CHOICE'A fascinating tour de force that will surely be debated in the fields of history, sociology, Marxism and International Relations for years to come' -- Justin Rosenberg, Professor in International Relations at the University of Sussex'An excellent book' -- Professor John M. Hobson, University of Sheffield'This rigorously argued book presents a compelling challenge to standard narratives of capitalist modernity. The authors combine theoretical sophistication and a wide-ranging account of extra-European histories to provide a superb - and provocative - alternative' -- Gurminder K Bhambra, author of Connected Sociologies'A superb account which successfully transcends a false dichotomy. Drawing on the best aspects of Historical Sociology and International Relations, and within a rigorous Marxist framework, the authors offer a challenge to all existing explanations of the rise of the West to world dominance' -- Neil Davidson, author of How Revolutionary Were the Bourgeois Revolutions?'There is much talk these days of Big History, yet the advocates invariably stop short of talking about capitalism. With their bold and wide-ranging treatment, Anievas and Nişancıoğlu now place the origins of capitalism at the very centre of the agenda' -- Geoff Eley, Karl Pohrt Distinguished University Professor of Contemporary History at the University of Michigan'An excellent, inventive and fascinating piece of scholarship' -- Tony Mckenna, Marx & Philosophy Review of Books'A work of towering scholarly erudition combined with deep political insights that must be reckoned with' -- Louis Proyect'Provocative and brilliant ... An enormous contribution to redressing the one-sided debates about the origins of capitalism and the West's conquest of the planet ... Their book should be read by anyone hoping to understand as well as challenge Eurocentrism, imperialism, and the capitalist system as a whole' -- International Socialist Review'Provides an important introduction to a truly global history of the origins of capitalism which recognises the vital inputs and roles of a range of non-European societies' -- Review of African Political EconomyTable of ContentsList of Figures Acknowledgements Introduction 1. The Transition Debate: Theories and Critique 2. Rethinking the Origins of Capitalism: The Theory of Uneven and Combined Development 3. The Long Thirteenth Century: Structural Crisis, Conjunctural Catastrophe 4. The Ottoman-Habsburg Rivalry over the Long Sixteenth Century 5. The Atlantic Sources of European Capitalism, Territorial Sovereignty and the Modern Self 6. The ‘Classical’ Bourgeois Revolutions in the History of Uneven and Combined Development 7. Combined Encounters: Dutch Colonisation in South-East Asia and the Contradictions of ‘Free Labour’ 8. Origins of the Great Divergence over the Longue Durée: Rethinking the ‘Rise of the West’ Conclusion Notes Index

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Book Synopsis"A powerful case for limitarianism—the idea that we should set a maximum on how much resources one individual can appropriate. A must-read!" —Thomas Piketty, bestselling author of Capital in the Twenty-First CenturyAn original, bold, and convincing argument for a cap on wealth by the philosopher who coined the term "limitarianism."How much money is too much? Is it ethical, and democratic, for an individual to amass a limitless amount of wealth, and then spend it however they choose? Many of us feel that the answer to that is no—but what can we do about it?Ingrid Robeyns has long written and argued for the principle she calls "limitarianism"—or the need to limit extreme wealth. This idea is gaining momentum in the mainstream – with calls to "tax the rich" and slogans like "every billionaire is a policy failure"—but what does it mean in practice?Robeyns explains the key reasons to support the case against extreme wealth: It keeps the poor poor and inequalities growing It’s often dirty money It undermines democracy It’s one of the leading causes of climate change Nobody actually deserves to be a millionaire There are better things to do with excess money The rich will benefit, too This will be the first authoritative trade book to unpack the concept of a cap on wealth, where to draw the line, how to collect the excess and what to do with the money. In the process, Robeyns will ignite an urgent debate about wealth, one that calls into question the very forces we live by (capitalism and neoliberalism) and invites us to a radical reimagining of our world.Trade Review"A powerful case for limitarianism – the idea that we should set a maximum on how much resources one individual can appropriate. A must-read!"—Thomas Piketty, bestselling author of Capital in the Twenty-First Century"Robeyns has written an essential book from a radical point of view. It is high time someone asked the question, "Is there such a thing as having too much money?" Along with its corollary question, 'So what are we going to do about it?' Robeyns tackles both with deep knowledge, experience and empathy." —Abigail Disney, filmmaker, philanthropist, and activist "Is it possible to meet the needs of all people within the means of the living planet? Definitely not in a world dominated by extreme wealth, as Ingrid Robeyns powerfully argues. This landmark book combines meticulous logic with compelling personal stories to draw everyone - from the super-rich to the super-riled - into one of the most critical public debates of our times. Read it." —Kate Raworth, bestselling author of Doughnut Economics "Limiting extreme wealth is an idea whose time has surely come and Ingrid Robeyns makes a powerful case for why this should be a priority for public and political debate. Limitarianism builds on what the epidemiology shows so clearly - inequality damages all of us and it needs to be tackled with the greatest urgency." —Kate Pickett, co-author of The Spirit Livel "Robeyns proves that in a true democracy there are no rights without duties – no wealth without limits. Limitarianism offers a way to re-democratize wealth and thus re-socialize the richest 1%." —Marlene Engelhorn, author of Geld and co-founder of taxmenow "Many people accept that there is a threshold that no one should fall below. But few have thought that there is a threshold that no one should be free to soar above. In this wonderful book, Ingrid Robeyns presents a novel and nuanced set of arguments for just such an upper threshold. This is a model of how to bring rigorous analysis to bear on practical issues, and to do so in an engaging, humane and accessible way." —Debra Satz, author of Why Some Things Should Not Be For Sale"Ingrid Robeyns raises what, historically, would be a tendentious question because in the Industrial Age a rising tide of wealth tended to lift yachts and dinghies alike. But in our Digital Age yachts proliferate while dinghies get swamped. Robeyns’ argument that top heavy wealth is sinking living standards for the many, spreading economic fear that authoritarians exploit is sound and her thoughtful ideas for reining in extreme wealth are provocative."—David Cay Johnston, Pulitzer Prize winner and bestselling author of Perfectly Legal, Free Lunch, and It's Even Worse Than You Think"Effortlessly navigating between ethics, political theory, economics and public policy, Ingrid Robeyns’ nuanced and persuasive defence of limitarianism is also a much-needed manifesto for reimagining political institutions." —Lea Ypi, author of Free: Coming of Age at the End of History "Robeyns delivers an urgent, thought provoking treatise that is both a compelling critique of limitless inequality and an imaginative account of a world without the superrich." —Peter Geoghegan, author of Democracy for Sale: Dark Money and Dirty Politics "The best case I've read for putting an upper limit on the accumulation of wealth. Even the super-rich might be glad if there was a finishing line!" —Richard Wilkinson, bestselling author of The Spirit Level and The Inner Level (with Kate Pickett)"There is a limit beyond which additional wealth can’t do much to enhance its owner’s life or happiness. But our economic system generates fortunes far beyond any such limit. Is the existence of billionaires and multi-millionaires a necessary feature of a system that makes everyone better off in the long run? Or is it one of the sources of the growing inequality and political breakdown that we see today? Ingrid Robyens makes a convincing case that an upper limit on wealth would be good for society as a whole and even for the wealthy themselves." —John Quiggin, author of Zombie Economics"Ingrid Robeyns makes a compelling case for limiting extreme wealth, along economic, political and moral lines—and outlines the structural, fiscal and ethical actions required to achieve this. This argument has never been more important, and this book is a persuasive call to action." —Jayati Ghosh, Professor of Economics, University of Massachusetts AmherstTable of ContentsIntroductionChapter 1: How much is too much?Chapter 2: Keeping the poor poor while inequalities growChapter 3: Dirty moneyChapter 4: Undermining democracyChapter 5: Setting the world on fireChapter 6: Nobody deserves to be a multimillionaireChapter 7: There’s so much we can do with excess moneyChapter 8: Philanthropy is not the answerChapter 9: The rich will benefit, tooConclusion: the road ahead

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Book SynopsisThis book presents a radically different argument for what has caused, and likely will continue to cause, the collapse of emerging market economies. Pettis combines the insights of economic history, economic theory, and finance theory into a comprehensive model for understanding sovereign liability management and the causes of financial crises. He examines recent financial crises in emerging market countries along with the history of international lending since the 1820s to argue that the process of international lending is driven primarily by external events and not by local politics and/or economic policies. He draws out the corporate finance implications of this approach to argue that most of the current analyses of the recent financial crises suffered by Latin America, Asia, and Russia have largely missed the point. He then develops a sovereign finance model, analogous to corporate finance, to understand the capital structure needs of emerging market countries. Using this model, heTrade ReviewA source of new and enlightening perspectives for a wide range of the subjects of financial analysis and policy making for emerging financial markets. * The Financial Regulator *A cogent and compelling essay on the dynamics of emerging market crises ... Pettis's book offers invaluable insights into the dynamics of emerging market crises and provides important lessons for emerging market policy makers, investors, rating agencies, international institutions and anyone interested in emerging market finance. Moreover he has succeeded in delivering a punchy and highly readable volume * The Business Economist *The Volatility Machine provides a welcome departure from the sterile academic debate on the subject of financial crisis. Economists may quibble ... but would be wise not to ignore [Pettis's] insights into how they can exacerbate external risks. * Institutional Investor *Table of ContentsIntroduction Part I. The Structure of Financial Crises 1: Capital Structure and Policy Collapse: The Financial Crisis of the Late 1990s 2: Market Structure Issues Part II. Global Liquidity and Capital Flows 3: Why Does Ric-Country Capital Flow to Poor Countries? 4: 180 Years of Liquidity Expansion and International Lending 5: The Contraction of International Lending Part III. The Corporate Finance of Crises 6: The Theory of Capital Structure and Financial Risk 7: The Capital Structure Trap 8: Toward a Theory of Sovereign Capital Structure Management 9: Debt Restructurings within a Corporate Finance Framework Part IV. Conclusion 10: Conclusion: The New Financial Architecture Appendix: The Option Characteristics of Sovereign Debt Bibliography Index

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Book SynopsisA powerful analysis of how the bias towards wealth that is woven into the very fabric of American capitalism is damaging people, the economy, and the planet, and what the foundations of a new economy could be.This bold manifesto exposes seven myths underlying wealth supremacy, the bias that institutionalizes infinite extraction of wealth by and for the wealthy, and is the hidden force behind economic injustice, the climate crisis, and so many other problems of our day: The Myth of Maximizing: No amount of wealth is ever enough. The Myth of Fiduciary Duty: Corporate managers? most sacred duty is to expand capital. The Myth of Corporate Governance: Corporate membership must be reserved for capital alone. The Myth of the Income Statement: Income to capital must always be increased, while income to labor must always be decreased. The Myth of Materiality: Profit?material gain?alone is real, while social and environmental damages are not. The Myth of Takings: The first duty of government must be the protection of private property. The Myth of the Free Market: There should be no limits on the field of action of corporations and capital. Kelly argues instead for the democratization of ownership: public ownership of vital services, worker-owned businesses, and more. And she sketches the outlines of a non-extractive capitalism that would be subordinate to the public interest. This is an ambitious reimagining of the very foundations of our economy and society.

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Book SynopsisThe fascinating story of the enemy brothers behind Adidas and Puma, whose rivalry shaped the modern sports businessAdidas and Puma are two of the biggest global brands in sports, paying stars, clubs, and competitions to show off their labels in stadiums and across magazine pages. In Sneaker Wars, journalist Barbara Smit reveals the dramatic, character-driven story of these two powerhouses. Started in their mother’s laundry room in Germany, Adi and Rudi Dassler’s shoe business was an instant success. But a vicious feud soon pulled them apart: by the end of World War II, the brothers split the company, dividing their family and hometown.Adidas and Puma then revolutionized the world of sport, their rivalry introducing behind-the-scenes deals and multimillion-dollar contracts. A page-turning narrative, Sneaker Wars is a riveting blend of family drama, business, sports, and history.“What does David Beckham&

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Book SynopsisIn this Very Short Introduction James Fulcher considers what capitalism is, the forms it can take around the world, and its history of crises and long-term development. In this new edition he discusses the fundamental impact of the global financial crises of 2007-8 and what it has meant for capitalism worldwide.Table of Contents1. What is capitalism? ; 2. Where did it come from? ; 3. How did we get here? ; 4. Is capitalism the same everywhere? ; 5. Has capitalism gone global? ; 6. Crisis? What crisis? ; References ; Further reading ; Index

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Book SynopsisContemporary societies have more vibrant markets than past ones. Yet they are more heavily populated by private and public regulators. This book explores the features of such a regulatory capitalism, its tendencies to be cyclically crisis-ridden, ritualistic and governed through networks. New ways of thinking about resultant policy challenges are developed.At the heart of this latest work by John Braithwaite lies the insight by David Levi-Faur and Jacint Jordana that the welfare state was succeeded in the 1970s by regulatory capitalism. The book argues that this has produced stronger markets, public regulation, private regulation and hybrid private/public regulation as well as new challenges such as a more cyclical quality to crises of market and governance failure, regulatory ritualism and markets in vice. However, regulatory capitalism also creates opportunities for better design of markets in virtue such as markets in continuous improvement, privatized enforcement of regulation, open source business models, regulatory pyramids with networked escalation and meta-governance of justice.Regulatory Capitalism will be warmly welcomed by regulatory scholars in political science, sociology, history, economics, business schools and law schools as well as regulatory bureaucrats, policy thinkers in government and law and society scholars.Trade Review'In this sprawling and ambitious book John Braithwaite successfully manages to link the contemporary dynamics of macro political economy to the dynamics of citizen engagement and organisational activism at the micro intestacies of governance practices. This is no mean feat and the logic works. . .' -- Stephen Bell, The Australian Journal of Public Administration'Everyone who is puzzled by modern "regulocracy" should read this book. Short and incisive, it represents the culmination of over twenty years' work on the subject. It offers us a perceptive and wide-ranging perspective on the global development of regulatory capitalism and an important analysis of points of leverage for democrats and reformers.' -- Christopher Hood, All Souls College, Oxford, UK'It takes a great mind to produce a book that is indispensable for beginners and experts, theorists and policymakers alike. With characteristic clarity, admirable brevity, and his inimitable mix of description and prescription, John Braithwaite explains how corporations and states regulate each other in the complex global system dubbed regulatory capitalism. For Braithwaite aficionados, Regulatory Capitalism brings into focus the big picture created from years of meticulous research. For Braithwaite novices, it is a reading guide that cannot fail to inspire them to learn more.' -- Carol A. Heimer, Northwestern University, US'Reading Regulatory Capitalism is like opening your eyes. John Braithwaite brings together law, politics, and economics to give us a map and a vocabulary for the world we actually see all around us. He weaves together elements of over a decade of scholarship on the nature of the state, regulation, industrial organization, and intellectual property in an elegant, readable, and indispensable volume.' -- Anne-Marie Slaughter, Princeton University, USTable of ContentsContents: Foreword by David Levi-Faur Preface 1. Neoliberalism or Regulatory Capitalism? 2. The Cyclical Nature of the Challenges of Regulatory Capitalism 3. Privatized Enforcement and the Promise of Regulatory Capitalism 4. The Nodal Governance Critique of Responsive Regulation 5. Regulatory Capitalism, Business Models and the Knowledge Economy with Janet Hope and Dianne Nicol 6. Can Regulatory Ritualism be Transcended? 7. Metagovernance of Justice 8. Is Regulatory Capitalism a Good Thing? References Index

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Book SynopsisIn what ways are cities central to the evolution of contemporary global capitalism? And in what ways is global capitalism forged by the urban experience? This book provides a response to these questions, exploring the multifaceted dimensions of the city-capitalism nexus.Trade Review"Ugo Rossi offers a highly original analysis of the current urban condition. The book plays imaginatively on the complex relationships linking cities, neoliberal capitalism and globalization and extracts from these materials a remarkably informative and incisive diagnosis." - Allen J. Scott, UCLA "In this historically grounded, highly current and well-argued volume, Rossi combines critical reviews of diverse theoretical currents and empirical analyses to highlight recent trends, crises and struggles in and beyond the capitalist heartlands. He explores the growing links between neoliberalism and globalization, making cities ever more critical as sites of everyday resistance as well as crucial spaces of accumulation. Enjoy reading this book and acting upon it." - Bob Jessop, Lancaster University "Rossi provides a remarkably comprehensive, clear, and tremendously useful survey of theorizations of the relation between cities and capitalism. As he does so, he offers the reader a rich exploration of the many facets of that complex and mutually constitutive relation." - Miranda Joseph, The University of Arizona "Reading contemporary global capital from the perspective of the city, Ugo Rossi's Cities in Global Capitalism presents a critical geography, rich in analysis and haunted with spectral figures. Rossi shows how the city - the site of historical struggle, artistic and social innovations, and revolutionary uprisings - has been shaped by capital and its state partners with new spatial inequalities, potentialities, and peripheries. As the city once again becomes the destination for the global rich, economic innovation becomes a leading edge of gentrification and the abandoned warehouses of Fordist production become the ghost towers haunting the urban sky - vast areas the mega rich own but rarely inhabit as the ever-expanding homeless below pass by." - Elizabeth A. Povinelli, Columbia University "Cities in Global Capitalism presents an impressive tour de force on the mutually reinforcing relationship between cities, on the one hand, and the capitalist system on the other. Sifting through a wide range of work from across numerous disciplines, Ugo Rossi's account of the contemporary global urban condition is conceptually sophisticated, geographically nuanced and historically sensitive!" - Kevin Ward, University of Manchester "Ugo Rossi's book is a clear and illuminating overview of the complex relationships between globalized capitalism and urban spaces. A valuable contribution to the project of critically reflecting on our contemporary condition." - Nick Srnicek, author of Platform Capitalism and Inventing the Future: Postcapitalism and a World Without Work"The Introduction alone is worth the price of admission. It provides an original, up-to-the-minute […], creative framework and overview of cities in global capitalism that is rare. Others in the field of urban studies provide narrower depictions, specific in-depth explanations. But Rossi gives you the whole show; tries to explain it all. It takes chutzpah. […] As a project, Rossi's is ambitious and sweeping, but it is never out of control, the arguments always systematic and tightly drawn." - Trevor J. Barnes, Papers in Regional ScienceTable of ContentsIntroduction 1. Emergences 2. Extensions 3. Continuities 4. Diffusions 5. Variations Conclusion: Living in the age of ambivalence

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Book SynopsisIn this series of essays, Ayn Rand presents her stand on the persecution of big business, the causes of war, the default of conservatism, and the evils of altruism.The foundations of capitalism are being battered by a flood of altruism, which is the cause of the modern world's collapse. This is the view of Ayn Rand, a view so radically opposed to prevailing attitudes that it constitutes a major philosophic revolution. Here is a challenging new look at modern society by one of the most provocative intellectuals on the American scene.   This edition includes two articles by Ayn Rand that did not appear in the hardcover edition: “The Wreckage of the Consensus,” which presents the Objectivists’ views on Vietnam and the draft; and “Requiem for Man,” an answer to the Papal encyclical Progresso Populorum.

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Book Synopsis“A riveting account that reaches beyond the market landscape to say something universal about risk and triumph, about hubris and failure.”—The New York TimesNAMED ONE OF THE BEST BOOKS OF THE YEAR BY BUSINESSWEEKIn this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term’s partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise and their fall. When it was founded in 1993, Long-Term was hailed as the most impressive hedge fund in history. But after four years in which the firm dazzled Wall Stree

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Book SynopsisEvery aspect of the anti-capitalist world is covered in this helpful guide, from WOMBLES to Zapatistas, NGOs to environmentalism, Paris 1968 to Seattle, and beyond. Picking up where Naomi Klein left off, this is not so much a manifesto as a roadmap, which captures the essence of the movement, and also articulates a range of possibilities for future alternatives to the corporate domination of our planet.Trade Review"This is clear, helpful and enlightening. I have learnt a lot from this book, and I'm sure that you will do so as well." George Monbiot, Guardian columnist and author of The Age of Consent "A useful account of the failure of hyper-capitalism, and of those who oppose it." Paul Kingsnorth, author of One No, Many Yeses and Real England: The Battle Against the Bland "I strongly support this book, it is a good critical (or self-critical) guide to the movement and exactly what the movement needs at its current stage." Boris Kagarlitsky, Director, Institute of Globilization and Social Movements, MoscowTable of ContentsIntroduction: ‘Beginning’ anti-capitalism 1. The hows and whys of the thing called ‘capitalism’ 2. Why ‘Seattle’? 1968, the ‘end of history’ and the birth of contemporary anti-capitalism 3. A ‘movement of movements’ (i): ‘reformism’ or ‘globalisation with a human face’ 4. A ‘movement of movements’ (ii): renegades, radicals and revolutionaries 5. The future(s) of anti-capitalism: problems and perspectives Glossary of key terms, thinkers and movements Contemporary anti-capitalism: a timeline Index

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Book SynopsisThis book examines the electoral successes of anti-system forces in the rich democracies. It explains the rise of anti-system politicians and parties in terms of two separate but closely related developments: the rise of economic inequality and insecurity over the last four decades, and the failure of technocratic elites to address them.Trade ReviewJonathan Hopkin offers a well-researched book which identifies connections between the anti-system politics in the United States, Britain, Greece, Spain and Italy. He finds there is a clear divide in how Northern and Southern Europe express their forms of anti-system politics. But he demonstrates how they both have common threads which tie them into a common zeitgeist which has affected the Western political tradition. This is quite an accomplishment. * Jonathan Hopkin, Democracy Paradox *Table of ContentsIntroduction The New World Order: The End of Social Democracy and the Rise of the Liberal Cartel The Failure of the Liberal Cartel: The Political Consequences of the Financial Crisis of 2008 Varieties of Anti-System Politics The Implications of Anti-System Politics: Nationalism, Socialism, Participation

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Book SynopsisWhen the first rumblings of the coming financial crisis were heard in August 2007, three men who were never elected to public office suddenly became the most powerful men in the world. They were the leaders of the world''s three most important central banks: Ben Bernanke of the U.S. Federal Reserve, Mervyn King of the Bank of England, and Jean-Claude Trichet of the European Central Bank. Over the next five years, they and their fellow central bankers deployed trillions of dollars, pounds and euros to try and contain the waves of panic that threatened to bring down the global financial system.Neil Irwin''s The Alchemists is both a gripping account of the most intense exercise in economic crisis management we''ve ever seen, and an insightful examination of the role and power of the central bank. It begins in Stockholm, Sweden, in the seventeenth century, where central banking had its rocky birth, and then progresses through a brisk but dazzling tutorial on how the central bankTrade ReviewBrilliantly reported and riveting, Neil Irwin's The Alchemists is a must-read for anyone who wants to understand the global reach of the financial crisis through which we are still living. The international perspective brings a fascinating and wholly new dimension to the story, one that has until now not been adequately told. -- Liaquat Ahamed, author of 'Lords of Finance'Brings events to life without losing sight of the bigger issues * Money Week *[Mr. Irwin] has provided an accessible, engrossing account of the tribulations that Mr. Bernanke, with Mervyn A. King of the Bank of England and Jean-Claude Trichet of the European Central Bank, endured in pulling the world financial system back from collapse... Mr. Irwin seems to have talked with everyone, read the right scholarly papers and interviewed important dissenters in the Fed, the European Central Bank, the Bank of England and the Bundesbank... He has a nice touch for translating central banking's mysteries, opaque and forbidding, into understandable English. He is astute in describing the internal and external politics of institutions traditionally expected to remain above politics of the usual sort. * New York Times *A detailed and fast-moving account of these perilous years. This is the crisis as told through emails, phone calls, meetings and one very fateful walk along the beach in Deauville, France. * The Wall Street Journal *

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Book SynopsisA fresh and distinctive perspective on the contemporary fairground in striking images.

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Book SynopsisThe suddenness and depth of the recession has raised questions about the workability of capitalism not seen since the 1930s. One of the constraints on recovery is the growing belief that if the old model did not work there is no new one on offer. This book sets out to provide one, arguing that reconstructing a bust financial system is not just a technical question. It cannot be done without a wholescale revision of the wider system and values on which it is based. And fairness must be placed at the heart of the new capitalism if our society is to recover its values.Will Hutton''s new book musters brilliant, convincing arguments which will lend favour on both right and left. It is set to be a book which captures the mood of the moment in the same way that THE STATE WE''RE IN did.

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Book SynopsisThe Cambridge History of Capitalism delves deep into the historical roots of capitalism to provide a detailed account of its rise, spread and impact across the world. With contributions from an international team of leading scholars, this two-volume work is a definitive reference on the global history of capitalism.

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Book SynopsisMuch of the time, when confronted with a crisis of national dimensions, businesses do exactly what we expect them to do: they look to their own survival. Occasionally, however, firms in some contexts go beyond this. Based on qualitative, country-based fieldwork in Eastern and Southern Africa, Antoinette Handley examines how African businesses can be key responders to wider social and political crises, often responding well in advance of the state. She reveals the surprising ways in which business responses can be focused, not on short-term profits, but instead on ways that assist society in resolving that crisis in the long term. Taking African businesses in Kenya, Uganda, Botswana and South Africa as case studies, this detailed exploration of the private sector response to crises, including HIV/AIDS and political violence crises, introduces the concept of relative business autonomy, exploring the conditions under which it can emerge and develop, when and how it may decline, and how itTrade Review'Handley effectively unpacks the conditions and contexts in which private companies have responded constructively to HIV/AIDS and election-related violence in Africa. By documenting the variation in responses by firms across national borders and over time, she disrupts canonical ideas regarding the pursuit of 'self-interest' by business.' M. Anne Pitcher, University of Michigan'In this strikingly innovative work of comparative political economy, Antoinette Handley inquires into the conditions that lead business interests to furnish collective goods and to act with assertive public purpose in moments of crisis. The resulting argument furnishes important new insights on the political behaviour of firms, in Africa and well beyond. This will be a touchstone for those interested in the shifting relations between government and business in the developing world.' Peter M. Lewis, The Johns Hopkins University'Is business socially responsible in Africa? That is the fundamental question Handley (Univ. of Toronto) attempts to answer in this innovative and carefully researched study.' R. I. Rotberg, ChoiceTable of Contents1. Doing business like a state: the response to social crisis; Part I. Business, HIV/AIDS and the Provision of Public Health: 2. Not our business: HIV/AIDS in Kenya and Uganda; 3. Healthy responses: HIV/AIDS in South Africa and Botswana; Part II. Business, Political Crisis and the Provision of Broader Social Stability: 4. The business of business is politics: political and electoral violence in South Africa and Kenya; 5. Business interests and the broader social good in the developing world.

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Book SynopsisMuch of the time, when confronted with a crisis of national dimensions, businesses do exactly what we expect them to do: they look to their own survival. Occasionally, however, firms in some contexts go beyond this. Based on qualitative, country-based fieldwork in Eastern and Southern Africa, Antoinette Handley examines how African businesses can be key responders to wider social and political crises, often responding well in advance of the state. She reveals the surprising ways in which business responses can be focused, not on short-term profits, but instead on ways that assist society in resolving that crisis in the long term. Taking African businesses in Kenya, Uganda, Botswana and South Africa as case studies, this detailed exploration of the private sector response to crises, including HIV/AIDS and political violence crises, introduces the concept of relative business autonomy, exploring the conditions under which it can emerge and develop, when and how it may decline, and how it might contribute to a higher level of overall societal resilience.Trade Review'Handley effectively unpacks the conditions and contexts in which private companies have responded constructively to HIV/AIDS and election-related violence in Africa. By documenting the variation in responses by firms across national borders and over time, she disrupts canonical ideas regarding the pursuit of 'self-interest' by business.' M. Anne Pitcher, University of Michigan'In this strikingly innovative work of comparative political economy, Antoinette Handley inquires into the conditions that lead business interests to furnish collective goods and to act with assertive public purpose in moments of crisis. The resulting argument furnishes important new insights on the political behaviour of firms, in Africa and well beyond. This will be a touchstone for those interested in the shifting relations between government and business in the developing world.' Peter M. Lewis, The Johns Hopkins University'Is business socially responsible in Africa? That is the fundamental question Handley (Univ. of Toronto) attempts to answer in this innovative and carefully researched study.' R. I. Rotberg, ChoiceTable of Contents1. Doing business like a state: the response to social crisis; Part I. Business, HIV/AIDS and the Provision of Public Health: 2. Not our business: HIV/AIDS in Kenya and Uganda; 3. Healthy responses: HIV/AIDS in South Africa and Botswana; Part II. Business, Political Crisis and the Provision of Broader Social Stability: 4. The business of business is politics: political and electoral violence in South Africa and Kenya; 5. Business interests and the broader social good in the developing world.

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Book SynopsisBig Data Analytics Methods unveils secrets to advanced analytics techniques ranging from machine learning, random forest classifiers, predictive modeling, cluster analysis, natural language processing (NLP), Kalman filtering and ensembles of models for optimal accuracy of analysis and prediction. More than 100 analytics techniques and methods provide big data professionals, business intelligence professionals and citizen data scientists insight on how to overcome challenges and avoid common pitfalls and traps in data analytics. The book offers solutions and tips on handling missing data, noisy and dirty data, error reduction and boosting signal to reduce noise. It discusses data visualization, prediction, optimization, artificial intelligence, regression analysis, the Cox hazard model and many analytics using case examples with applications in the healthcare, transportation, retail, telecommunication, consulting, manufacturing, energy and financial services industries. This book's state of the art treatment of advanced data analytics methods and important best practices will help readers succeed in data analytics.Table of ContentsIntroduction PART I: Big Data Analytics Chapter 1. Data Analytics Overview Chapter 2. Basic Data Analysis Chapter 3. Data Visualization Tools PART II: Advanced Analytics Methods Chapter 4. Natural Language Processing Chapter 5. Quantitative Analysis - Prediction and Prognostics Chapter 6. Advanced Analytics & Predictive Modeling Chapter 7. Ensemble of Models Chapter 8. Machine Learning, Deep Learning – Artificial Neural Networks Chapter 9. Model Accuracy & Optimization PART III: Case Study – Prediction & Advanced Analytics in Practice Chapter 10: Ensemble of Models – Medical Prediction Case Study Appendix A: Prognostics Methods Appendix B: A Neural Network Example Appendix C: Back Propagation Algorithm Derivation Appendix D: NeuroSolutions Software Description Appendix E: The Oracle Program References

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Book Synopsis

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Book SynopsisChina''s economy is currently undergoing double transformations or transitions: the system pattern is being transformed from central-planned economy into a market economy, and the development frame is changing from a low-income type to a middle-income type. That the double transition take place simultaneously in a developing and socialist country, China, is quite significant for the whole world. People try to understand in what way and to what degree the current development is different from traditional China; and how it is associated with the roads that developed countries have passed. This book centres on the transformation to an economic system pattern. It endeavours to define the transformation extent of China''s economic system pattern up to now and to measure the paces of marketisation progress. The stages and features of China''s economic system reform are described as well as the features of the target pattern. Then the implications and features of marketisation are elucidated because they are the basis for the design of the measurement indicators.

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Book Synopsis

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Book Synopsis

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Book SynopsisIt's time to rethink how we create and allocate money. In Outgrowing Capitalism, Marco Dondi sheds light on the fact that most people do not have the economic security to focus on purpose and life fulfilment. He proposes that this is not the way things have to be; there is an alternative. In a quest to change our economic system to cater for everyone, he identifies deep issues in how money is created and allocated and connects these to capitalism. He shows that the assumptions and circumstances that made capitalism a success are no longer true today and then describes a new socio-economic model, Monetism. Dondi's solution is to provide a pragmatic roadmap to institutionalize Monetism and solve societal issues that seemed as permanent as time.

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Book SynopsisWhether you're preparing for your service management foundation exam, or simply want to understand service management better, this new edition of our popular book covers the latest thinking and provides a comprehensive, practical introduction to IT service management. Building on their collective service management experience, the authors walk you through essential concepts including processes, functions and roles and illustrate these with real-life examples.Trade Review'The no-nonsense approach of this book appeals to me. Straight-shooting description, examples and advice from experienced guys.' Rob England,The IT Skeptic (review of previous edition)'This is absolutely a valuable source of information.' -Erkan Karagulmez, SAP Consultant, CGI Belgium (review of previous edition)Table of ContentsSECTION 1: OVERVIEW 1 What is service management? SECTION 2: THE SERVICE LIFECYCLE 2 Service strategy 3 Service design 4 Service transition 5 Service operation 6 Continual service improvement SECTION 3: THE PROCESSES AND FUNCTIONS 7 IT financial management 8 Demand management 9 Service portfolio management 10 Service catalogue management 11 Service level management 12 Supplier management 13 Capacity management 14 Availability management 15 Service continuity management 16 Information security management and access management 17 Knowledge management 18 Service asset and configuration management 19 Change management 20 Release and deployment 21 The service desk 22 Request fulfilment 23 Incident management 24 Problem management 25 IT operations management 26 Event management 27 Application management 28 Technical management 29 The seven-step improvement process SECTION 4: MEASUREMENT AND METRICS, AND THE DEMING CYCLE 30 Measurement and metrics 31 The Deming Cycle APPENDIX

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Book Synopsis"This book is an important contribution to recovering a nuanced, contextually aware view of access to knowledge and global knowledge governance" Yochaie Benkler, Harvard Law School "This is a 'must read' for scholars and practioners interested in economic devlopment, cultural production and access to knowledge" Susan Sell, George Washington University This volume features five chapters on current issues facing intellectual property, innovation and development policy from the Egyptian perspective. These include: information and communications technology for development, copyright and comparative business models in music, open source software, patent reform and access to medicines, and the role of the Egyptian government in promoting access to knowledge internationally and domestically. Together these chapters offer an overview of the challenges and opportunities facing efforts to promote access to knowledge. Combining both theoretical and empirical approaches, the work will be of interest to scholars and practitioners dealing with intellectual property and innovation property the world over.Trade Review'Highly Recommended' James Boyle, Duke Law School 'This is a must read'. Susan Sell, George Washington UniversityTable of ContentsForeword; Access to Knowledge: Economic, Global and Local Perspectives; Egypt's Role in the A2K Movement: An analysis of positions and policies; Access to Medicines in Egypt: A Human Rights Approach to IP, Trade and Health; Stories from Egypt's Music Industry: de facto commons as alternatives to copyright; The Software Industry in Egypt: What Role for Open Source?; Information and Communications Technology for Development: Building the knowledge society in Egypt.

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Book Synopsis This book explores the social consequences of digitization. The authors determine the problems, substantiate the perspectives, and offer recommendations for determining the role of human in modern digital society. The scientific concept "homo digital" is developed, and the essence of its formation in the process of evolution of "homo economicus" is studied. The transition from the post-industrial to the information society is also considered. The authors show that in the context of the digital economy the problem of economization (commercialization) of non-economic (non-profit) spheres and types of economic activity become more urgent; they are analyzed through the prism of the theory of time in economics. Based on this, the increase of the influence of the consumer society on the modern social environment is shown. The key role of human capital in formation of a new quality of economic growth in the digital economic environment is substantiated, and transformation processes in the structure and practice of application of human capital are analyzed. The idea of social justice is reconsidered through the prism of digital society as a social environment with equal opportunities but different competences and motives. Attention is paid to the modern Russian practice of influence of the digital economy on society on the whole and each human. Scientific and methodological recommendations for indicative evaluation of quality of economic growth in the conditions of digitization of Russia’s economic system are offered, and the specifics of the problem of socio-economic differentiation of the Russian population in the conditions of technological progress are shown. Based on this, it is proved that the digital economy has a contradictory influence on society, increasing the accessibility of goods and services, in particular hi-tech ones, but also causing an urgent need for adapting to the new economic conditions. This adaptation is largely determined by capabilities of people, flexibility of their thinking, and ability for learning and development. Thus, instead of the expected provision of balance of society, its disproportions could grow in practice. Also, specific features of regional migration in modern Russia in the context of digitization are determined. The role of emotional intellect in formation of the critical thinking of a company’s employees is outlined. Due to this, it is shown that so called "human factor", which is traditionally treated as a source of economic risks and costs, acquires a new role in the conditions of the digital economy – a source of value creation and reduction of risks of technological progress, due to justified opposition to unfavorable changes. Informal labor relations based on digital communications, as the highest form of evolution of these relations that is achieved in the conditions of Industry 4.0, is considered. The central role of higher education in the process of social adaptation to the conditions of Industry 4.0 is outlined. The economic and legal issues of the digital economy are considered – in particular, the issue of democracy in the digital society in the conditions of e-government.

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Book Synopsis Against the background of continuing crises in the world’s economy, the question of what future awaits it in the third decade of the 21st century has become urgent. According to the paradigm model of long waves, the next global economic crisis is expected to transpire somewhere around 2030. This book defines the basic conditions for the development of the modern global economy, analyzing future scenarios for its long-term development, and providing applied recommendations for the practical implementation of the optimal scenario. The book first explores the conceptual vision of the future and the priorities for the strategic development of the global economic system until 2030. It then formulates the requirements for entrepreneurship to achieve the priorities of the strategic development of the global economic system including long-term industry solutions for entrepreneurship and markets. Third, it outlines the guidelines for state regulation of the global economic system in the interest of achieving the priorities of its strategic development in the period up to 2030.

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Book SynopsisThe strategies and practical approaches for socio-economic development are undergoing systemic changes under the influence of new developments in global economic systems and markets. The most significant factors influencing such changes are connected to the start of the Fourth Industrial Revolution (Industry 4.0), which is impacting all economic systems to a greater or lesser extent. The creation of the digital economy and transition to Industry 4.0 particularly increases the significance of hi-tech for socio-economic development. Secondly, there is now a transition underway from a period of unlimited globalization and comprehensive integration to more limited globalization and selective economic integration. The growing importance of regionalization on the global economic system is manifested in the formation and rapid development of new integration unions at the regional or country level (e.g., the EU and the EAEU), and company level (e.g., regional sectoral economic clusters, special economic areas, technological parks, and innovative networks). Thirdly, there’s an urgent need for faster innovation, which leads to the formation of more innovative economies. The global financial crisis drew attention to the problems of managing sustainability and achieving balance in socio-economic development. The formation and exponential growth of the information society, based on digital technologies, is now stimulating the growth and significance of corporate social and environmental responsibility as a prerequisite for entrepreneurial success. Thus, the paradigm of socio-economic development is changing from absolute rationality (economic effectiveness) and stability – which has historically been associated with problems of stagnation – to responsibility (limited and socially-oriented rationality) and dynamism (quick innovative development based on leading technologies). This book aims to provide a scientific substantiation for this new paradigm.

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Book SynopsisMultidimensional Inequalities is a deep dive into the historical contexts and contemporary realities that negatively influence society and its structures. It is often overlooked that inequality is not just about income and wealth but rather a broad spectrum of intersecting factors. This book focuses on each aspect individually, analysing its effect on welfare systems, and informs about the instruments available to reduce inequality. Table of ContentsPreliminary structure of the book (a short overview of the expected chapters) Introduction Theoretical understanding and measurement of equality/inequality - a number of issues - and not only in relation to money If one wants to discuss inequality, it is not only necessary to have normative justice considerations, where, moreover, there is often a greater consensus on when something is unjust than when a situation is equal. An overview will be given of key theoretical aspects in relation to understanding justice and inequality, as well as elements to be taken into account when inequality is to be assessed, including, for example, time horizons for measuring the degree of inequality. We will also discuss what type of inequality is being measured (for example, inequality in opportunity or resources, or whether it is inequality in measured welfare / resources. Finally, the chapter will present the most central ways inequality is measured while discussing why these are usable and why not other measurements tools that can be more precise are used in the analysis in the book. Core concepts will be defined. The chapter will also look into the issue of trickle-down economy, e.g. that if the rich becomes richer this is also the case for the poor. Equalities in opportunities – Sen’s perspective on justice and inequality Causes and explanations for inequality, for example, look at differences in the opportunities each individual has. Thus, the focus is on whether everyone basically has the same opportunities to achieve a number of things in life, including the ability to choose among a set of functioning’s. This chapter will, based on Sen's concept of capabilities, focus on whether and, if so, how such an understanding can help explain inequality. It also raises the debate that if two people have the same opportunities but use their opportunities differently and there will be ex-ante inequality then there is a societal problem. Economic inequality Central for analysis has in many years been the economic inequality between individuals and households, as well as over time. Inequality in income and wealth has been central, including not only the distribution measured more overall, but also, for example, the proportion of total income the 1% of the population are earning. The chapter provides a historical outline of developments in inequality, as well as a more detailed comparison of developments in a selection of European welfare states representing different regimes. This analysis will, to a limited extent, also include explanations, cf. chapters 10 and 11 instead. Gender inequality There has been, for some time now, a focus on gender equality, and it has been seen as more developed in the Nordic welfare states than in other types of welfare states. The chapter will present a number of indicators of inequality, but also the trends therein, as well as areas where the different gender have a better / worse position in society. This is probably illustrated by the fact that there has been a development towards greater equality, but at the same time that there are inequalities in a number of areas, for example in relation to pay and living in poverty, as well as in life-expectancy. Inequality in health care Where economic inequality is often to the disadvantage of women, the picture is different when looking at health inequality. The chapter describes through a selection of indicators the degree of health inequality in a number of welfare states. Although there are universal health systems in welfare states, there is a great difference between how long people live, what diseases they get and whether they have an experience of good health and could pay for medicine, for example. This also includes people’s own perception of whether they have a good health and differences in life-expectancy. Inequality in educational attainment The level of education is of great importance for a wide range of inequalities, which are highlighted in a number of the other chapters of the book. This chapter attempts to shed light on causes of education inequality. Here, not only must we look at basic education, but also at participation in continuing education, which, given the expected technological development, must be assumed to be increasingly important. A comparative overview of differences between countries in education inequality is also provided. Inequalities in employment and unemployment Labour markets are divided nationally as well as internationally. There are differences between who is part of the workforce and who is not, and there are differences in the risk of being unemployed. This includes variations between young and elderly, between different degrees of ethnicity. Different groups also have varying probabilities of becoming long-term unemployed. In addition, they differ in earnings in different parts of the labour market. The situation and possible causes for the development (globalization, new technology, etc.) will be included in the presentation. Ethnic inequality An ongoing discussion in recent years, partly also due to the issue of populism, has been the difference between native and non-natives position in societies. This chapter will show differences in a number of areas as indicator of that this is and has been a dimension one need to be aware of if one want’s to understand and explain the varieties in the level of inequality across countries. Democratic inequality The focus in this chapter is on who have the opportunity to make decisions about key societal issues and whether or not there is equal access to participate in societal decision-making. This is also linked to the populist discussion, which can be argued to be a type of explanation for why there are some who believe that there is an elite that decides and solely accepts their own ideas and interests. Contribute the welfare state to increase in inequality? Welfare states have been seen as a piggy-bank (Barr 2001), which allows the individual citizen to be protected against a number of social risks. This contributes to a greater degree of equality, as the individual does not have to secure against a number of social events. Thus, there is a discussion that welfare states can contribute to redistribution over a life course and between rich and poor. This redistribution can be achieved through the layout of the tax system, but also through the provision of a number of public services. These types of arguments are presented together with an analysis of whether and the degree of redistribution in various welfare states, including as far as possible development over time. The chapter will also look into the question whether everyone has the same opportunity to have consumption opportunities in a community. This obviously has a clear connection between the income and wealth of the individual person / household when looking at private consumption. But in addition, depending on the type of welfare state, there may be differences in access to public consumption, which may thus compensate for differences in access to private consumption. Finally, given the need for a welfare state also in relation to ensuring equality in access to, redistribution between rich and poor and over the life-time why do we still see such a large degree of differences among welfare states, and why no convergence seemingly is under way. What instruments are available to create a higher degree of inequality? Chapter 10 looked at whether welfare states contribute to a greater degree of equality. This chapter is followed up with a number of fundamental considerations and presentations of what instrument welfare states have if they wish to reduce inequality, including the advantages and disadvantages of choosing between different types of instruments. We look at how welfare states can be financed, as well as income transfers and public service activities. National and international possibilities This last chapter summarizes the analysis and production of inequality while focusing on both national and international opportunities to reduce inequality, including poverty. It is also proposed to include a broader perspective on the development of welfare states.

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Book SynopsisAs the need for economic growth takes a salient role in the political discourse of society's welfare and progress, the middle class, as a social grouping existing within socioeconomic structures, has a multiplier effect - politically and culturally. The middle class serves a vital role in supporting a country's growth through stimulating economic development and promoting a politically engaged society. By examining Vietnam and Serbia as ideologically attuned countries which differ in economic development, the author draws on functionalist, dimensional paradigms to underline how critical the rise of middle class is in understanding the political stability of modern societies before concluding that society's sub-social challenges and cultural determinants do affect the course of development and growth. This comprehensive study will appeal to social scientists with interests in political stability, ideological states and development narratives.

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Book SynopsisThe first book length study of property-owning democracy, Republic of Equals argues that a society in which capital is universally accessible to all citizens is uniquely placed to meet the demands of justice. Arguing from a basis in liberal-republican principles, this expanded conception of the economic structure of society contextualizes the market to make its transactions fair. The author shows that a property-owning democracy structures economic incentives such that the domination of one agent by another in the market is structurally impossible. The result is a renovated form of capitalism in which the free market is no longer a threat to social democratic values, but is potentially convergent with them. It is argued that a property-owning democracy has advantages that give it priority over rival forms of social organization such as welfare state capitalism and market socialist institutions. The book also addresses the currently high levels of inequality in the societies of the deveTrade ReviewThomas's vision of an egalitarian property-owning democracy is powerful and compelling...Thomas arguably provides the best hope that liberal democratic states have for ensuring greater justice and also repairing what has broken in our current democratic theory and practice. * Political Theory *

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