Benevolent Benefactor Or Insensitive Regulator?


Book Description

The impressive and sustained growth of India's automobile industry in recent years has catapulted it into the league of the world's top-seven producers of four-wheelers. This study identifies the main thrusts of policy regimes for the automobile sector since 1947, which began in an overregulation mode in the early period of independence.




Capitalism and Inequality


Book Description

Capitalism and Inequality rejects the popular view that attributes the recent surge in inequality to a failure of market institutions. Bringing together new and original research from established scholars, it analyzes the inequality inherent in a free market from an economic and historical perspective. In the process, the question of whether the recent increase in inequality is the result of crony capitalism and government intervention is explored in depth. The book features sections on theoretical perspectives on inequality, the political economy of inequality, and the measurement of inequality. Chapters explore several key questions such as the difference between the effects of market-driven inequality and the inequality caused by government intervention; how the inequality created by regulation affects those who are less well-off; and whether the economic growth that accompanies market-driven inequality always benefits an elite minority while leaving the vast majority behind. The main policy conclusions that emerge from this analysis depart from those that are currently popular. The authors in this book argue that increasing the role of markets and reducing the extent of regulation is the best way to lower inequality while ensuring greater material well-being for all sections of society. This key text makes an invaluable contribution to the literature on inequality and markets and is essential reading for students, scholars, and policymakers.




Aiming Big with Small Cars


Book Description

This book focuses on the small car segment of India's automotive industry to explain the emergence of lead markets. The authors contend that the current understanding of lead markets does not sufficiently explain the business practices that are born out of the intensified globalization of innovation. Lead markets are considered crucial for the global diffusion of new products and this book investigates whether sustainable lead markets can also emerge in developing economies, and if so, under which conditions. The authors question the conventional wisdom and propose updates and extensions to the lead market theory to better reflect the changing ground realities on ground.




Lead Market India


Book Description

India is still perceived by some as a developing country that has yet to create world-class products of its own. However, this book shows that in recent years India has emerged as a lead market for frugality-driven innovations that are affordable, robust and successful even outside its geographic boundaries. Many global companies have recognized these changes and are ramping up their local R&D capabilities. At the same time, several Indian firms are venturing out to international shores and gaining access to new markets. Using a top-down approach, the book takes a closer look at systems of innovation at work and presents examples of successful, corporate innovations in multiple industries and their contextual conditions.




The Development of Ethics


Book Description

"This book is a selective historical and critical study of moral philosophy in the Socratic tradition, with special attention to Aristotelian naturalism. It discusses the main topics of moral philosophy as they have developed historically, including: the human good, human nature, justice, friendship, and morality; the methods of moral inquiry; the virtues and their connexions; will, freedom, and responsibility; reason and emotion; relativism, subjectivism, and realism; thetheological aspect of morality. The first volume discusses ancient and mediaeval moral philosophy. The second volume examines early modern moral philosophy from the 16th to the 18th century. This third volume continues the story up to Rawls''s Theory of Justice. A comparison between the Kantian and the Aristotelian outlook is one central theme of the third volume. The chapters on Kant compare Kant both with his rationalist and empiricist predecessors and with the Aristotelian naturalist tradition. Reactions to Kant are traced through Hegel, Schopenhauer, Nietzsche, and Kierkegaard. Utilitarian and idealist approaches to Kantian and Aristotelian views are traced through Sidgwick, Bradley, and Green. Mill and Sidgwick provide a link between 18th-centuryrationalism and sentimentalism and the 20th-century debates in the metaphysics and epistemology of morality. These debates are explored in Moore, Ross, Stevenson, Hare, C.I. Lewis, Heidegger, and in some more recent meta-ethical discussion. This volume concludes with a discussion of Rawls, withspecial emphasis on a comparison of his position with utilitarianism, intuitionism, Kantianism, naturalism, and idealism. Since this book seeks to be not only descriptive and exegetical, but also philosophical, it discusses the comparative merits of different views, the difficulties that they raise, and how some of the difficulties might be resolved. It presents the leading moral philosophers of the past as participants in a rational discussion in which the contemporary reader can participate"--EBL.




The Development of Ethics, Volume 3


Book Description

This book is a selective historical and critical study of moral philosophy in the Socratic tradition, with special attention to Aristotelian naturalism. It discusses the main topics of moral philosophy as they have developed historically, including: the human good, human nature, justice, friendship, and morality; the methods of moral inquiry; the virtues and their connexions; will, freedom, and responsibility; reason and emotion; relativism, subjectivism, and realism; the theological aspect of morality. The first volume discusses ancient and mediaeval moral philosophy. The second volume examines early modern moral philosophy from the 16th to the 18th century. This third volume continues the story up to Rawls's Theory of Justice. A comparison between the Kantian and the Aristotelian outlook is one central theme of the third volume. The chapters on Kant compare Kant both with his rationalist and empiricist predecessors and with the Aristotelian naturalist tradition. Reactions to Kant are traced through Hegel, Schopenhauer, Nietzsche, and Kierkegaard. Utilitarian and idealist approaches to Kantian and Aristotelian views are traced through Sidgwick, Bradley, and Green. Mill and Sidgwick provide a link between 18th-century rationalism and sentimentalism and the 20th-century debates in the metaphysics and epistemology of morality. These debates are explored in Moore, Ross, Stevenson, Hare, C.I. Lewis, Heidegger, and in some more recent meta-ethical discussion. This volume concludes with a discussion of Rawls, with special emphasis on a comparison of his position with utilitarianism, intuitionism, Kantianism, naturalism, and idealism. Since this book seeks to be not only descriptive and exegetical, but also philosophical, it discusses the comparative merits of different views, the difficulties that they raise, and how some of the difficulties might be resolved. It presents the leading moral philosophers of the past as participants in a rational discussion in which the contemporary reader can participate.







The Great Transformation


Book Description

'One of the most powerful books in the social sciences ever written. ... A must-read' Thomas Piketty 'The twentieth century's most prophetic critic of capitalism' Prospect Karl Polanyi's landmark 1944 work is one of the earliest and most powerful critiques of unregulated markets. Tracing the history of capitalism from the great transformation of the industrial revolution onwards, he shows that there has been nothing 'natural' about the market state. Instead of reducing human relations and our environment to mere commodities, the economy must always be embedded in civil society. Describing the 'avalanche of social dislocation' of his time, Polanyi's hugely influential work is a passionate call to protect our common humanity. 'Polanyi's vision for an alternative economy re-embedded in politics and social relations offers a refreshing alternative' Guardian 'Polanyi exposes the myth of the free market' Joseph Stiglitz With a new introduction by Gareth Dale




The Methods of Ethics


Book Description




Albion's Seed


Book Description

This fascinating book is the first volume in a projected cultural history of the United States, from the earliest English settlements to our own time. It is a history of American folkways as they have changed through time, and it argues a thesis about the importance for the United States of having been British in its cultural origins. While most people in the United States today have no British ancestors, they have assimilated regional cultures which were created by British colonists, even while preserving ethnic identities at the same time. In this sense, nearly all Americans are "Albion's Seed," no matter what their ethnicity may be. The concluding section of this remarkable book explores the ways that regional cultures have continued to dominate national politics from 1789 to 1988, and still help to shape attitudes toward education, government, gender, and violence, on which differences between American regions are greater than between European nations.