Neo-liberalism Or Democracy?: Economic Strategy, Markets, and Alternatives for the 21st Century

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Zed Books, 1999 - 255 Seiten
Is it true that there is no alternative to the neo-liberal ideology of free trade, deregulation of markets, and government abandonment of social programmes? Must we accept, in the name of globalisation, the relentless pressure to reduce wages and cut social spending? Can poor countries pursue no other route to development but opening their economies to global forces?The author sets out to explore these questions. In doing so, he subjects central tenets of modern economics to trenchant criticism. He argues that current policies are delivering neither sustained economic growth nor many of the other fundamentals of people's wellbeing.He also argues that it is possible to construct a democratic economic strategy that produces growth and equity, while protecting the environment and securing local communities.This important book needs to be read by economists and non-economists alike, in both industrialised and developing countries.
 

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Inhalt

There are Alternatives
1
International Commerce and Economic Development
25
Economic Growth and the Distribution of Income
66
The Social Construction of Markets
99
illustrations 100 Market
125
The role of markets in economic development 136
136
Definitions
145
Macroeconomic Foundations of a Democratic Strategy
169
Social Programmes as the Core of a Democratic Strategy
175
Democratic Development and the Shaping of Private
198
Conclusions
225
Urheberrecht

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Über den Autor (1999)

Arthur MacEwan is Professor of Economics at the University of Massachusetts Boston. Educated at Chicago and Harvard, his work Development Alternatives in Pakistan: A Multisectoral and REgional Analysis of Planning Problems (Harvard University Press, 1971) was awarded the Harvard University Department of Economics Wells Prize. From 1968 to 1975, he taught at Harvard before moving to the University of Massachusetts Boston.His editorial positions have included Dollars & Sense (1974-90), Review of Radical Political Economy (1980-82) and the Quarterly Journal of Economics (1972-75).His books include:* Edited jointly with Hollis B. Chenery and others, Studies in Development Planning (Harvard University Press, Cambridge, Mass., 1971)* Edited jointly with Thomas E. Weisskopf, Perspectives on the Economic Problem: A Book of Readings in Political Economy (Prentice-Hall, Englewood Cliffs, NJ, 2nd edn, 1973)* Revolution and Economic Development Planning in Cuba (Macmillan Press, London and St. Martin's Press, New York, 1981)* Edited jointly with William K. Tabb, Instability and Change in the World Economy (Monthly Review Press, Ne York, 1989)* Debt and Disorder: International Economic Instability and US Imperial Decline (Monthly Review Press, New York, 1990)

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