The Dilemmas of Laissez-faire Population Policy in Capitalist Societies


Book Description

The economic and sociopsychological foundations of the decentralized decisions involved in the production of new labor power, human reproduction, have never been adequately understood. The consequences for the labor markets of the laissez-faire policies of capitalist societies toward human reproduction are discussed from historical, economic, social, political, demographic, and legal perspectives. The extent to which the production of children causes or exacerbates poverty for the producers of the children is discussed, along with the question of how capitalism can rely on a labor force produced by reproductive whim.




The Dilemmas of Laissez-faire Population Policy in Capitalist Societies


Book Description

The economic and sociopsychological foundations of the decentralized decisions involved in the production of new labor power, human reproduction, have never been adequately understood. The consequences for the labor markets of the laissez-faire policies of capitalist societies toward human reproduction are discussed from historical, economic, social, political, demographic, and legal perspectives. The extent to which the production of children causes or exacerbates poverty for the producers of the children is discussed, along with the question of how capitalism can rely on a labor force produced by reproductive whim.




The State and the Stork


Book Description

“A powerful model of how to understand the complex array of issues that will shape the political economy of population in the future.”—American Historical Review From the founders’ fears that crowded cities would produce corruption, luxury, and vice to the zero population growth movement of the late 1960s to today’s widespread fears of an aging crisis as the Baby Boomers retire, the American population debate has always concerned much more than racial composition or resource exhaustion, the aspects of the debate usually emphasized by historians. In The State and the Stork, Derek Hoff draws on his extraordinary knowledge of the intersections between population and economic debates throughout American history to explain the many surprising ways that population anxieties have provoked unexpected policies and political developments—including the recent conservative revival. At once a fascinating history and a revelatory look at the deep origins of a crucial national conversation, The State and the Stork could not be timelier. “Hoff has done a real service by bringing to the foreground the economic dimension of U.S. debates over population size and growth, a topic that has been relegated to the shadows for too long.”—Population and Development Review “After decades of failed efforts by the scientific community to alert the public to the environmental dangers of population growth and overpopulation, a first-rate historian has finally detailed both the arguments and their policy implications . . . Everyone interested in population should read The State and the Stork. This is an incredibly timely book.”—Paul R. Ehrlich, author of The Population Bomb




The Three Worlds of Welfare Capitalism


Book Description

Few discussions in modern social science have occupied as much attention as the changing nature of welfare states in western societies. Gosta Esping-Andersen, one of the most distinguished contributors to current debates on this issue, here provides a new analysis of the character and role of welfare states in the functioning of contemporary advanced western societies. Esping-Andersen distinguishes several major types of welfare state, connecting these with variations in the historical development of different western countries. Current economic processes, the author argues, such as those moving towards a post-industrial order, are not shaped by autonomous market forces but by the nature of states and state differences. Fully informed by comparative materials, this book will have great appeal to everyone working on issues of economic development and post-industrialism. Its audience will include students and academics in sociology, economics and politics.




The Causes of the 1929 Stock Market Crash


Book Description

Attempting to reveal the real causes of the 1929 stock market crash, Bierman refutes the popular belief that wild speculation had excessively driven up stock market prices and resulted in the crash. Although he acknowledges some prices of stocks such as utilities and banks were overprices, reasonable explanations exist for the level and increase of all other securities stock prices. Indeed, if stocks were overpriced in 1929, then they more even more overpriced in the current era of staggering growth in stock prices and investment in securities. The causes of the 1929 crash, Bierman argues, lie in an unfavorable decision by the Massachusetts Department of Public Utilities coupled with the popular practice known as debt leverage in the 1920s corporate and investment arena. This book extends Bierman's argument in an earlier book, The Great Myths of 1929 and the Lessons to Be Learned (Greenwood, 1991), in which he discussed and refuted seven myths about 1929 but could not explain the crash. He now believes he has a reasonable explanation. He also examines the actions of Charles E. Mitchell and Sam Insull and their subsequent unjust criminal prosecution after the crash of the 1929 stock market.




Ideology, Social Theory, and the Environment


Book Description

This book shows that polemical environmental and ecological debates are governed not so much by access to 'facts' as they are by the political ideology of the expert advancing a particular argument. Moreover, the thoughts of these experts tend to be based largely in just one of three competing streams of political thought: the left, the center, or the right. Drawing on social theory, the author explains the philosophical origins of this tendency to rely on just one of three traditions, and why this poses a serious obstacle to conceptualizing the cause, nature, and resolution of environmental problems.




Capitalism, Alone


Book Description

For the first time in history, the globe is dominated by one economic system. Capitalism prevails because it delivers prosperity and meets desires for autonomy. But it also is unstable and morally defective. Surveying the varieties and futures of capitalism, Branko Milanovic offers creative solutions to improve a system that isn’t going anywhere.




Finance and Development, June 2015


Book Description

Finance and Development, June 2015.




Space and Transport in the World-System


Book Description

Key metaphors in world-system analysis are profoundly spatial, but there have been few attempts to understand how space, location, and topography affect world-system organization and process. To fill this gap, this book examines case studies of the restructuring of space and transport in core, semiperipheral, and peripheral economies. It addresses such topics as the role of ocean transport in linking terrestrially based units of the capitalist world economy, the role of land transport systems in the construction and restructuring of relationships between raw materials peripheries and core economies, and the role of the airplane in transforming and representing changing spatial, economic, and social relations in the capitalist world economy. World-systems theory and many other perspectives on the world economy, including international political economy and analysis of globalization, typically pay only limited attention to issues of space, location, and the role of transportation in the world economy. This book identifies key theoretical and empirical issues and provides the basis for formulating research strategies to address this gap in our understanding.




Prophet of Innovation


Book Description

Pan Am, Gimbel’s, Pullman, Douglas Aircraft, Digital Equipment Corporation, British Leyland—all once as strong as dinosaurs, all now just as extinct. Destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this bedrock economic principle better than Joseph A. Schumpeter. “Creative destruction,” he said, is the driving force of capitalism. Described by John Kenneth Galbraith as “the most sophisticated conservative” of the twentieth century, Schumpeter made his mark as the prophet of incessant change. His vision was stark: Nearly all businesses fail, victims of innovation by their competitors. Businesspeople ignore this lesson at their peril—to survive, they must be entrepreneurial and think strategically. Yet in Schumpeter’s view, the general prosperity produced by the “capitalist engine” far outweighs the wreckage it leaves behind. During a tumultuous life spanning two world wars, the Great Depression, and the early Cold War, Schumpeter reinvented himself many times. From boy wonder in turn-of-the-century Vienna to captivating Harvard professor, he was stalked by tragedy and haunted by the specter of his rival, John Maynard Keynes. By 1983—the centennial of the birth of both men—Forbes christened Schumpeter, not Keynes, the best navigator through the turbulent seas of globalization. Time has proved that assessment accurate. Prophet of Innovation is also the private story of a man rescued repeatedly by women who loved him and put his well-being above their own. Without them, he would likely have perished, so fierce were the conflicts between his reason and his emotions. Drawing on all of Schumpeter’s writings, including many intimate diaries and letters never before used, this biography paints the full portrait of a magnetic figure who aspired to become the world’s greatest economist, lover, and horseman—and admitted to failure only with the horses.