inequality in capitalist societies routledge studies in the modern world economy

Download Book Inequality In Capitalist Societies Routledge Studies In The Modern World Economy in PDF format. You can Read Online Inequality In Capitalist Societies Routledge Studies In The Modern World Economy here in PDF, EPUB, Mobi or Docx formats.

Inequality In Capitalist Societies

Author : Surinder S. Jodhka
ISBN : 9781134837991
Genre : Business & Economics
File Size : 66. 84 MB
Format : PDF, Kindle
Download : 655
Read : 879

Download Now


Inequality is one of the most discussed topics of our times. Yet, we still do not know how to tackle the issue effectively. The book argues that this is due to the lack of understanding the structures responsible for the persistence of social inequality. It enquires into the mechanisms that produce and reproduce invisible dividing lines in society. Based on original case studies of Brazil, Germany, India and Laos comprising thousands of interviews, the authors argue that invisible classes emerge in capitalist societies, both reproducing and transforming precapitalist hierarchies. At the same time, locally particular forms of inequality persist. Social inequality in the contemporary world has to be understood as a specific combination of precapitalist inequalities, capitalist transformation and a particular class structure, which seems to emerge in all capitalist societies. The book links the configurations to an interpretation of global domination as well as to symbolic classification.

Growth Without Inequality

Author : Henry K. H. Woo
ISBN : 9781351812009
Genre : Business & Economics
File Size : 22. 13 MB
Format : PDF, ePub, Mobi
Download : 615
Read : 552

Download Now


Many years on after the 2007–8 financial crisis, most developed nations still find themselves in a state of weak recovery, high debt pile-up and distributive disparity. The intriguing question that we face is whether the golden days of modern capitalism are over, or if capitalism is just undergoing another period of adjustment characteristic of its past. What is disheartening is that the twin economic goals of sustainable growth and equality, which the world has now come to recognise as of paramount importance but mutually conflicting, remain, more now than ever, illusive and unattainable. Growth Without Inequality attempts to address this issue and to provide a pragmatic solution especially for nations in the current policy gridlock. By offering a unified framework of factors that drive growth, it shows how growth also gives rise to an array of "anomalous market forms" (defined by different degrees of value and risk visibility) that subvert distributive equity between labour and capital. It debunks both the pure free market solution and the mixed economy approach on the ground that they fail to arrest the growth propelling yet subversive power inherent in the "corporate forms" under the present capitalistic regime. Having shown that effective reform can hardly take place within the system itself, this book proposes to build a separate sector (Economy II) and partition it from the existing system (Economy I). The solution is easy to implement and quick to take effect. By one single stroke, this "Non-Marxist" solution can happily achieve the ideals of both "competitive capitalism" and "egalitarian socialism".

Inequality In Financial Capitalism

Author : Pasquale Tridico
ISBN : 9781317372103
Genre : Business & Economics
File Size : 85. 92 MB
Format : PDF, Mobi
Download : 715
Read : 246

Download Now


Recently, the issue of inequality has regained attention in the economic and political debate. This is due to both an increase in income inequality, in particular among rich countries, and an increasing interest in this issue by researchers and politicians. In the last three decades, income inequality among rich countries increased. This period also witnessed the growth of "financial capitalism", characterised by the strong dependency of economies on the financial sector, by the globalisation and intensification of international trade and capital mobility, and by the "flexibilisation" of labour markets and the reduction of wage shares. From the 1980s to the present day, this book considers the theoretical aspects of inequality (its foundations, definitions, approaches and origins) and examines empirical evidence of income inequality in a wide range of advanced economies. The key arguments in this volume are that income inequality increased during this period because labour and welfare became seen as costs to be compressed in "financial capitalism" rather than as a fundamental part of aggregate demand to be expanded. However, the welfare state is not a drain on economic performance and competitiveness, nor is it a barrier to economic efficiency. Instead, it is demonstrated that in countries that adopt "welfare capitalism", welfare state expenditure not only contributes to a reduction in inequality but also fosters economic growth. Inequality in Financial Capitalism is of great importance to those who study economics, political economy, labour economics and globalisation.

Inequality Boom And Bust

Author : Howard J. Sherman
ISBN : 9781351210881
Genre : Business & Economics
File Size : 37. 31 MB
Format : PDF
Download : 268
Read : 378

Download Now


There is enormous inequality between the income and wealth of the richest 1 percent and all other Americans. While the top 1 percent own 42 percent of all wealth in America, the lower half on the income ladder has only 2 percent of all of the wealth. This book develops a viewpoint contrary to the prevailing conservative paradigm, setting out both reasons for this inequality and the impact of this. To explain inequality, conservative economists focus on individual characteristics such as intelligence and hard work. This book puts forward new evidence to show that changes in economic inequality are primarily due to characteristics inherent in the standard operation of capitalist institutions. Furthermore, the authors seek to explain the cycle of boom and bust by considering political and social factors often overlooked by conservative economists. This book also explores how wealth influences political policies in a way that increases economic inequality even more than its present level. Through analysis of American political and economic institutions, Inequality, Boom, and Bust presents concrete steps for an activist, progressive policy to greatly reduce inequality through free healthcare, free higher education, and reduced unemployment.

Credit Default Swap Markets In The Global Economy

Author : Go Tamakoshi
ISBN : 9781351997034
Genre : Business & Economics
File Size : 29. 4 MB
Format : PDF
Download : 544
Read : 588

Download Now


This book provides a comprehensive overview for various segments of the global credit default swap (CDS) markets, touching upon how they were affected by the recent financial turmoil. The book uses empirical analysis on credit default swap markets, applying advanced econometric methodologies to the time series data. It covers not only well-studied sovereign credit default swap markets but also sector credit default swap indices (i.e., CDS index for the banking sector) and corporate credit default swap indices (i.e., Markit iTraxx Japan CDS index), which have not been fully examined by the previous literature. The book also investigates causality and co-movement among several credit default swap markets, or between CDS and other financial markets.

Economic Integration And Regional Development

Author : Kiyoshi Kobayashi
ISBN : 9781315534039
Genre : Business & Economics
File Size : 83. 34 MB
Format : PDF, ePub
Download : 923
Read : 473

Download Now


With a combined population larger than that of the EU or NAFTA, economic integration of the ASEAN states will have a massive impact on both the Asian and global economies. This book examines the ASEAN Economic Community (AEC) and its opportunities and challenges. It looks at the impacts of economic integration, trade structure and economic interlinkage among these countries through case studies. The book also utilizes theories to further examine areas such as trade, cross-border infrastructure, border management, and the regional development in terms of trade liberalization and foreign labor. This book also provides insight and analysis to developing policies for "ASEAN Connectivity". Given the challenges faced and huge potential impacts of the AEC’s cross-border project, this book will be of interest to policy makers, business leaders and researchers in the ASEAN region and throughout the world.

The Economic Development Of South Korea

Author : Seung-hun Chun
ISBN : 9781351215725
Genre : Business & Economics
File Size : 90. 84 MB
Format : PDF
Download : 951
Read : 506

Download Now


How did a country with a dearth of natural resources, a sprawling population congested in a limited arable land transform itself to a modern industrial state within a generation? How could these have been achieved given the lingering geopolitical threats to its very survival as a state, as evidenced by the Korean War and the internecine aggressive posturing of its neighbor from the north? This book looks at strategies, institutional arrangement, role of entrepreneurs and workers in this odyssey, and on how those factors have worked together through effective leadership to transform South Korea’s economic fortunes.

Global Inequalities In World Systems Perspective

Author : Manuela Boatca
ISBN : 9781351588928
Genre : Social Science
File Size : 85. 93 MB
Format : PDF, ePub
Download : 216
Read : 859

Download Now


During its 500-year history, the modern world-system has seen several shifts in hegemony. Yet, since the decline of the U.S. in the 1970s, no single core power has attained a hegemonic position in an increasingly polarized world. As income inequalities have become more pronounced in core countries, especially in the U.S. and the U.K., global inequalities emerged as a "new" topic of social scientific scholarship, ignoring the constant move toward polarization that has been characteristic of the entire modern world-system. At the same time, the rise of new states (most notably, the BRICS) and the relative economic growth of particular regions (especially East Asia) have prompted speculations about the next hegemon that largely disregard both the longue durée of hegemonic shifts and the constraints that regional differentiations place on the concentration of capital and geopolitical power in one location. Authors in this book place the issue of rising inequalities at the center of their analyses. They explore the concept and reality of semiperipheries in the 21st century world-system, the role of the state and of transnational migration in current patterns of global stratification, types of catching-up development and new spatial configurations of inequality in Europe’s Eastern periphery as well as the prospects for the Global Left in the new systemic order. The book links novel theoretical debates on the rise of global inequalities to methodologically innovative approaches to the urgent task of addressing them.

The Routledge International Handbook Of Globalization Studies

Author : Bryan S. Turner
ISBN : 9781317964919
Genre : Political Science
File Size : 30. 88 MB
Format : PDF, Kindle
Download : 826
Read : 257

Download Now


The second edition of the Routledge International Handbook of Globalization Studies offers students clear and informed chapters on the history of globalization and key theories that have considered the causes and consequences of the globalization process. There are substantive sections looking at demographic, economic, technological, social and cultural changes in globalization. The handbook examines many negative aspects – new wars, slavery, illegal migration, pollution and inequality – but concludes with an examination of responses to these problems through human rights organizations, international labour law and the growth of cosmopolitanism. There is a strong emphasis on interdisciplinary approaches with essays covering sociology, demography, economics, politics, anthropology and history. The second edition has been completely revised and features important new thinking on themes such as Islamophobia and the globalization of religious conflict, shifts in global energy production such as fracking, global inequalities, fiscal transformations of the state and problems of taxation, globalization and higher education, and an analysis of the general sense of catastrophe that surrounds contemporary understandings of the consequences of a global world.

Global Inequality

Author : Branko Milanovic
ISBN : 9780674969766
Genre : Business & Economics
File Size : 27. 87 MB
Format : PDF, Mobi
Download : 440
Read : 1183

Download Now


Branko Milanovic presents a bold account of the dynamics that drive inequality on a global scale. Using vast data sets, he explains the forces that make inequality rise and fall within and among nations over time. He reveals who has been helped by globalization, who has been hurt, andwhat policies might tilt the balance toward economic justice.

Top Download:

Best Books