Description
Book SynopsisThis volume presents a collection of essays honoring Professor Thomas E. Weisskopf, one of the most prominent contributors to the field of radical economics. Beginning his academic career at Harvard before moving to the University of Michigan at Ann Arbor, Professor Weisskopf has spent the past forty years exploring through highly innovative and rigorous research the questions of economic equality, social justice and environmental responsibility. The chapters in this book reflect the main subjects of Professor Weisskopf's work and seek to foster continued innovation in these research areas.
The diverse contributions to this volume explore the impressive range of Professor Weisskopf's research themes. These include the economics of developing countries, US imperialism, Marxian crisis theory, contemporary economic history and institutional development, affirmative action policies, and the potential of socialism as an alternative to capitalism for developing non-exploitative societies. In addition to 26 chapters by leading economists, this book also includes a chapter by Professor Weisskopf himself, in which he reflects on his own career in economics as well as the state of the U.S. and global economies. The volume also includes a full bibliography listing Professor Weisskopf's publications.
Students, professors and researchers working in any branch of economics will find much of interest in this set of wide-ranging studies building from the themes advanced by Thomas Weisskopf.
Contributors include: R. Albelda, M. Ash, S. Bowles, J.K. Boyce, J. Crotty, W. Darity Jr, A. Deshpande, G. Epstein, D. Flaherty, N. Folbre, J. Heintz, S. Khan, K. Knight, D.M. Kotz, H.A. Lee, M. Li, A. MacEwan, E. McCrate, J. Miller, F. Moseley, R. Pollin, M. Reich, E.A. Rosa, J.B. Schor, G.L. Skillman, F. Thompson, M. Weisbrot, T. Weisskopf, J. Wicks-Lim, A. Zimbalist
Table of ContentsContents: Introduction Robert Pollin and Jeannette Wicks-Lim PART I: REFLECTIONS ON THOMAS E. WEISSKOPF’S CONTRIBUTIONS TO POLITICAL ECONOMY 1. Three’s a Crowd: My Dinner Party with Karl, Leon, and Maynard Samuel Bowles 2. Theses on Weisskopf Robert Pollin 3. Comment Diane Flaherty PART II: ISSUES IN DEVELOPING ECONOMIES 4. The Military and Economic Development in Pakistan Shahrukh Khan 5. Socialism: The Twentieth Century and the Twenty-first Century Minqi Li 6. Economic Growth: The Great Slowdown (1980–2000) and Recovery (2000–2010) Mark Weisbrot 7. Comment James K. Boyce PART III: POWER DYNAMICS IN CAPITALISM 8. The Wealth–Power Connection Arthur MacEwan 9. The Rise and Decline of Patriarchal Capitalism Nancy Folbre 10. Comment Andrew Zimbalist PART IV: TRENDS IN US LABOR MARKETS 11. The Rising Strength of Management, High Unemployment, and Slow Growth: Revisiting Okun’s Law Michael Reich 12. Reducing Growth to Achieve Environmental Sustainability: The Role of Work Hours Kyle Knight, Eugene A. Rosa and Juliet B. Schor 13. Comment Michael Ash PART V: DISCRIMINATION AND THE ROLE OF AFFIRMATIVE ACTION POLICIES 14. Confronting Those Affirmative Action Grumbles William Darity Jr 15. Screening for Honesty and Motivation in the Workplace: What Can Affirmative Action Do? Elaine McCrate 16. A Stimulus for Affirmative Action? The Impact of the American Recovery and Reinvestment Act on Women and Minority Workers in Construction Jeannette Wicks-Lim 17. Comment Randy Albelda 18. Social Justice through Affirmative Action in India: An Assessment Ashwini Deshpande 19. Comment Hwok Aun Lee PART VI: MACROECONOMIC ISSUES IN THE UNITED STATES 20. How Big is Too Big? On the Social Efficiency of the Financial Sector in the United States Gerald Epstein and James Crotty 21. Unpacking the US Labor Share James Heintz 22. Comment John Miller PART VII: APPLICATIONS OF MARXIST ECONOMIC THEORY 23. Social Structures of Accumulation, the Rate of Profit, and Economic Crises David M. Kotz 24. Exploitation without Subsumption: The Scope and Limits of Proto-Industrial Exploitation Gilbert L. Skillman 25. Morally Arbitrary Economic Advantage Frank Thompson 26. Comment Fred Moseley PART VIII: REFLECTIONS BY THOMAS E. WEISSKOPF 27. Presentation to the Festschrift Conference at the Political Economy Research Institute of the University of Massachusetts Amherst, October 1, 2011 Thomas E. Weisskopf Biography of Thomas Emil Weisskopf Bibliography of the Writings of Thomas Emil Weisskopf Index
