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This book stems from the principle that each individual on our planet is of the highest value, arguing that each person should be recognized according to what dignity and what values they bear. It shows that the phenomenon of values is not what people want, but what people should want, highlighting that Europe and America have advanced most on this path. As such, the book pays special attention to European and Euro-Atlantic values. It describes how the value system, which society uses as a guide, has dictated the usual norms of behavior of a large number of people. These values are not equally acceptable to all, and some even violate them, but society has developed formal (laws) and informal (customs) institutions to uphold them. The issues discussed in this book, about the modern economy and values, will be interesting for all people who think about the fate of their country and humanity, regardless of their nationality, religious confession, race, profession, age, or worldview.
Machine generated contents note: Companies mentioned and location: -- Advanced Technology Services, Peoria, IL Caterpillar, Peoria, IL World's Finest Chocolate, Chicago, IL Milwaukee Gear, Milwaukee, WI Ford Motor Company, St. Louis, MO Wunderlich Fibre Box Company, St. Louis, MO General Motors, St. Louis, MO; Wentzville, MO Anheuser-Busch, St. Louis, MO McDonald-Douglas, St. Louis, MO Industrial Engineering and Equipment Company (Indeeco), St. Louis, MO; Brentwood, MO; Boonville and Cuba, MO ASPEQ Holdings (a private equity firm), St. Louis, MO Emerson Electric, Ferguson, MO GlaxoSmithKline (manufacturing Tums), St. Louis, MO
PAPERBACK ORIGINAL From the bestselling cartoonist of The Cartoon History of the Universe comes an explosive graphic takedown of capitalism Bestselling “overeducated cartoonist” Larry Gonick has delighted readers for years with sharp, digestible, and funny accounts of everything from the history of the universe to the intricacies of calculus. Now Gonick teams up with psychologist and scholar Tim Kasser to create an accessible and pointed cartoon guide to how global, privatizing, market-worshiping hypercapitalism threatens human well-being, social justice, and the planet. But Gonick and Kasser don’t stop at an analysis of how the economic system got out of whack—they also point the way to a healthier future. A primer for the post-Occupy generation, Hypercapitalism draws from contemporary research on values, well-being, and consumerism to describe concepts (corporate power, free trade, privatization, deregulation) that are critical for understanding the world we live in, and movements (voluntary simplicity, sharing, alternatives to GDP, protests) that have developed in response to the system. Gonick and Kasser’s pointed and profound cartoon narratives provide a deep exploration of the global economy and the movements seeking to change it, all rendered in clear, graphic—and sometimes hilarious—terms.
Who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem hiding in plain sight. In modern capitalism, value-extraction - the siphoning off of profits, from shareholders' dividends to bankers' bonuses - is rewarded more highly than value-creation: the productive process that drives a healthy economy and society. We misidentify takers as makers, and have lost sight of what value really means. Once a central plank of economic thought, this concept of value - what it is, why it matters to us - is simply no longer discussed. Yet, argues Mariana Mazzucato in this penetrating and passionate new book, if we are to reform capitalism - to radically transform an increasingly sick system rather than continue feeding it - we urgently need to rethink where wealth comes from. Who is creating it, who is extracting it, and who is destroying it? Answers to these questions are key if we want to replace the current parasitic system with a type of capitalism that is more sustainable, more symbiotic: that works for us all. The Value of Everything will reignite a long-needed debate about the kind of world we really want to live in.
Like nature itself, modern economic life is driven by relentless competition and unbridled selfishness. Or is it? Drawing on converging evidence from neuroscience, social science, biology, law, and philosophy, Moral Markets makes the case that modern market exchange works only because most people, most of the time, act virtuously. Competition and greed are certainly part of economics, but Moral Markets shows how the rules of market exchange have evolved to promote moral behavior and how exchange itself may make us more virtuous. Examining the biological basis of economic morality, tracing the connections between morality and markets, and exploring the profound implications of both, Moral Markets provides a surprising and fundamentally new view of economics--one that also reconnects the field to Adam Smith's position that morality has a biological basis. Moral Markets, the result of an extensive collaboration between leading social and natural scientists, includes contributions by neuroeconomist Paul Zak; economists Robert H. Frank, Herbert Gintis, Vernon Smith (winner of the 2002 Nobel Prize in economics), and Bart Wilson; law professors Oliver Goodenough, Erin O'Hara, and Lynn Stout; philosophers William Casebeer and Robert Solomon; primatologists Sarah Brosnan and Frans de Waal; biologists Carl Bergstrom, Ben Kerr, and Peter Richerson; anthropologists Robert Boyd and Michael Lachmann; political scientists Elinor Ostrom and David Schwab; management professor Rakesh Khurana; computational science and informatics doctoral candidate Erik Kimbrough; and business writer Charles Handy.
Publisher Description
An acerbic graphic takedown of capitalism. In Hyper-Capitalism, cartoonist Larry Gonick and psychologist Tim Kasser offer a vivid and an accessible new way to understand how global, privatising, market-worshipping hyper-capitalism is threatening human wellbeing, social justice, and the planet. Drawing from contemporary research, they describe and illustrate concepts (such as corporate power, free trade, privatisation, and deregulation) that are critical for understanding the world we live in, and movements (such as voluntary simplicity, sharing, alternatives to GDP, and protests) that have developed in response to the system. Gonick and Kasser’s pointed and profound cartoon narratives provide a deep exploration of the global economy and the movements seeking to change it, all rendered in clear, graphic — and sometimes hilarious — terms. In the process, they point the way to a healthier future for all of us.
Every Economics textbook today teaches that questions of values and morality lie outside of, are in fact excluded from, the field of Economics and its proper domain of study, "the economy." Yet the dominant cultural and media narrative in response to major economic crisis is almost always one of moral outrage. How do we reconcile this tension or explain this paradox by which Economics seems to have both everything and nothing to do with values? The discipline of modern economics hypostatizes and continually reifies a domain it calls "the economy"; only this epistemic practice makes it possible to falsely separate the question of value from the broader inquiry into the economic. And only if we have first eliminated value from the domain of economics can we then transform stories of financial crisis or massive corporate corruption into simple tales of ethics. But if economic forces establish, transform, and maintain relations of value then it proves impossible to separate economics from questions of value, because value relations only come to be in the world by way of economic logics. This means that the "positive economics" spoken of so fondly in the textbooks is nothing more than a contradiction in terms, and as this book demonstrates, there's no such thing as "the economy." To grasp the basic logic of capital is to bring into view the unbreakable link between economics and value.
The economy is commonly described either as the apolitical realm of calculation or as the fully political one of domination. This book scrutinizes the ways in which the economy is performed, in order to situate where precisely politics is located with regard to economic matters. Politics, the book demonstrates, thus appears at the turning point, in the place where the efficiency of economics is negotiated and where the need to forward it, reshape it, and complement it emerges. This book was originally published as a special issue of the Journal of Cultural Economy.
Economic theory reached its zenith of analytical power and depth of understanding in the middle of the nineteenth century among John Stuart Mill and his contemporaries. This book explains what took place in the ensuing Marginal Revolution and Keynesian Revolution that left economists less able to understand how economies operate. It explores the false mythology that has obscured the arguments of classical economists, providing a pathway into the theory they developed.