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First published in 1990, this work examines the link between the economic performance of companies and profit sharing. The relationship is a complex one: industrial relations may be improved by schemes, but good employers are likely to introduce profit sharing in any case; and though attitudes to work do change, schemes have more immediate impact on satisfaction an communications than on productivity and effort put into work.
In Economic Justice and Democracy, Robin Hahnel puts aside most economic theories from the left and the right (from central planning to unbridled corporate enterprise) as undemocratic, and instead outlines a plan for restructuring the relationship between markets and governments according to effects, rather than contributions. This idea is simple, provocative, and turns most arguments on their heads: those most affected by a decision get to make it. It's uncomplicated, unquestionably American in its freedom-reinforcement, and essentially what anti-globalization protestors are asking for. Companies would be more accountable to their consumers, polluters to nearby homeowners, would-be factory closers to factory town inhabitants. Sometimes what's good for General Motors is bad for America, which is why we have regulations in the first place. Though participatory economics, as Robert Heilbronner termed has been discussed more outside America than in it, Hahnel has followed discussions elsewhere and also presents many of the arguments for and against this system and ways to put it in place.
First published in 1921, Problems of a New World deals with the economic and political issues that arose from the First World War. The first three parts of the study consider the world before the war, and the interests, purposes and ideals which influenced the national psyche during the years which followed. In the final two parts, Hobson assesses the political and economic conditions confronted by the post-war world, with a particular focus on the impact of war on industry, labour and the ideals of nationhood. This is an important work, of great interest to modern European and economic historians and students.
First published in 1964, this is a study of the extreme inequalities in the ownership of property, in economies across the globe. Professor Meade examines in depth the economic, demographic and social factors which lead to such inequalities. He considers a wide range of remedial policies – educational development, reformed death duties and capital taxes, demographic policies, trade union action, the socialization of property, the development of a property-owning democracy, the expansion of the welfare state. The argument is expressed in precise analytical terms, but the main exposition is free of mathematics and technical jargon and is designed for the interested layman as well as the economist.
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Democracy, Law and Governance details the transformation of the modes of governance of contemporary developed democracies and aims to define the conditions required for promoting public interest in their public policy. Firstly, the volume illustrates why a sound theoretical approach to the concept of law results in opening up the theory of law to the debate on governance in the social sciences. Secondly, it reconstructs the underpinnings of recent debate on governance, focusing on the pragmatist turn that has marked efforts to overcome the inadequacies of both the economic and the deliberative approaches. In fulfilling this second goal, it examines the advances yielded by the pragmatist turn as well as its limitations, and concludes by proposing a theoretical approach for dealing with them. This illuminating book applies recent research in both theory of law and theory of governance to deepen the analytic impact of the recent pragmatist revival.
The return to public assemblies and direct democratic methods in the wave of the global "squares movements" since 2011 has rejuvenated interest in forms of council organisation and action. The European council movements, which developed in the immediate post-First World War era, were the most impressive of a number of attempts to develop workers’ councils throughout the twentieth century. However, in spite of the recent challenges to liberal democracy, the question of council democracy has so far been neglected within democratic theory. This book seeks to interrogate contemporary democratic institutions from the perspective of the resources that can be drawn from a revival and re-evaluation of the forgotten ideal of council democracy. This collection brings together democratic theorists, socialists and labour historians on the question of the relevance of council democracy for contemporary democratic practices. Historical reflection on the councils opens our political imagination to an expanded scope of the possibilities for political transformation by drawing from debates and events at an important historical juncture before the dominance of current forms of liberal democracy. It offers a critical perspective on the limits of current democratic regimes for enabling widespread political participation and holding elites accountable. This timely read provides students and scholars with innovative analyses of the councils on the 100th anniversary of their development. It offers new analytic frameworks for conceptualising the relationship between politics and the economy and contributes to emerging debates within political theory on workplace, economic and council democracy.
Published in 1940, The Politics of Democratic Socialism covers a number of subjects including social psychology, economic history, Marxist doctrine and the academic subject of politics to name a few. With Durbin’s compulsion to explain and defend the views about social and economic policy that he believes to be true, makes this an interesting, insightful and educational book for those who want to learn about socialism and democracy.
This title was first published in 2001. An important critical study of the theories of dependency both past and present. Since the theories of dependency are based on the Marxian notion of exploitation and backwardness, the book starts with the elaboration of the Marxian theory of development and underdevelopment. The book analyses various concepts and precepts of dependency as well as critically discussing the individual theories of Baran, Frank, Amin, Emmanuel, Prebisch and Singer. The contributions of more recent writers including Furtado, Kay, Wallerstein and Marini are also considered. The main focus of the book lies in the thorough analysis of all the important traditional as well as modern theories of dependency. The main message of the present book is that the phenomenology of dependency is still relevant as a methodology of study of development and underdevelopment. The book incorporates some pressing contemporary issues to give fresh flavour to the old dependency debate. A special feature of the book lies in the critical appraisal for each of the theories studied. The book is designed to serve as a valuable compendium for students of economic development and political economy and for those interested in the study of the economic backwardness of the Third World countries.