This text provides an introduction to political economy. It explores: the place of our economy in the larger social system; the importance of market institutions for individual autonomy; private enterprise as a system of economic development; and poverty and inequality in market…
"28" Result
Sort By:
Up to now, most radical, as well as neoclassical, economists have assumed that significant wage differentials among workers of similar skill and ability will endure only when competition in the capital and/or labor market is seriously restricted. In contrast, this work uses a cl…
"Despite the Great Recession, slightly different forms of global capitalism are still portrayed as the only game in town by the vast majority of people in power in the world today. Unbridled growth, trade liberalisation, and competition are advocated as the only or best ways of …
In view of the international economic crisis, the author assesses the motivations and role of capitalism.
