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The presumed sovereignty of individuals and the facilitating powers of the markets have generated a universal and ethically neutral conception of both social and economic organisation. This ground-breaking text re-examines the purpose of society and the role of economics in it, arguing that the absence of a beneficial natural order calls for the role of the collective in social and economic life to be revisited. Drawing on some key figures marking milestones in the evolution of social and economic thinking, the author offers a critique of mainstream economics as a way of thinking and as a provider of guiding principles for economic and social organisation. Volume I introduces the reader to the emergence of natural order; considers the internal logic of economics and how it managed to be so persuasive in its recommendation for competitive interactions to govern all aspects of social life in all societies and across them; demonstrates that the economic conception of an order which solves society’s economic problem is, in fact, an impossibility that turns the natural phenomenon of markets into a problem rather than an ideal; and, addresses the other apparent appeal of markets: their association with the ideas of freedom and justice. This is a bold and foundational new work that offers an original and innovative perspective on economics and its challenges, addressing core areas such as behavioural economics, evolutionary game theory and links between social sciences (anthropology, philosophy) and neurosciences.”
This multi-book set includes both Volumes of The Betrayal of Liberal Economics by Amos Witztum. The presumed sovereignty of individuals and the facilitating powers of the markets have generated a universal and ethically neutral conception of both social and economic organisation. This ground-breaking text re-examines the purpose of society and the role of economics in it, arguing that the absence of a beneficial natural order calls for the role of the collective in social and economic life to be revisited. Drawing on some key figures marking milestones in the evolution of social and economic thinking, the author offers a critique of mainstream economics as a way of thinking and as a provider of guiding principles for economic and social organisation. Whilst Volume I looks at how economics’ paradigmatic core betrayed us by its false promise, Volume II begins to consider whether the current status quo may in fact be a result of the way in which the academic community have instead betrayed economics. Starting with an exploration into the nature of human sociality and what the notion of the ‘individual’ means in both liberal classical and modern economics, the author moves on to address the organisational implications of these conclusions using the concept of ‘social distance’. He then considers whether modern economics can accommodate such sociality whilst maintaining the same organisational principle of competitive decentralisation as the universal recipe for economic organisation. The text concludes by examining whether the fault can be found in the misconception of modern economics as a linear intellectual progression from liberal classical economics. This is done through a novel re-examination of liberal classical economics by developing Adam Smith’s theory to answer such questions. This is a bold and foundational new work that offers an original and innovative perspective on economics and its challenges, addressing core areas such as behavioural economics, evolutionary game theory and links between social sciences (anthropology, philosophy) and neurosciences.
“The Mendacity of Hope should help wake up all those Obama-voters who've been napping while the wars escalate, the recession deepens, and the environment goes straight to hell.” —Barbara Ehrenreich From the former editor-in-chief of Harper's Magazine comes a bold manifesto exposing President Obama's failure to enact progressive reform at home and abroad. National Magazine Award finalist Roger Hodge makes a hard-hitting case against Obama's failure to deliver on the promises of his campaign. The first book-length critique of the Obama's presidency from a prominent member of the left, The Mendacity of Hope will strike a chord with anyone stirred by the words of Keith Olbermann, Rachel Maddow, and Frank Rich. It's the book that every frustrated progressive in America has been waiting to read.
The path-breaking history of modern liberalism told through the pages of one of its most zealous supporters In this landmark book, Alexander Zevin looks at the development of modern liberalism by examining the long history of the Economist newspaper, which, since 1843, has been the most tireless—and internationally influential—champion of the liberal cause anywhere in the world. But what exactly is liberalism, and how has its message evolved? Liberalism at Large examines a political ideology on the move as it confronts the challenges that classical doctrine left unresolved: the rise of democracy, the expansion of empire, the ascendancy of high finance. Contact with such momentous forces was never going to leave the proponents of liberal values unchanged. Zevin holds a mirror to the politics—and personalities—of Economist editors past and present, from Victorian banker-essayists James Wilson and Walter Bagehot to latter-day eminences Bill Emmott and Zanny Minton Beddoes. Today, neither economic crisis at home nor permanent warfare abroad has dimmed the Economist’s belief in unfettered markets, limited government, and a free hand for the West. Confidante to the powerful, emissary for the financial sector, portal onto international affairs, the bestselling newsweekly shapes the world its readers—as well as everyone else—inhabit. This is the first critical biography of one of the architects of a liberal world order now under increasing strain.
In Republic in Peril, David Hendrickson sees a threat to American institutions and liberties in the emergence of a powerful national security state. The book offers a panoramic view of America's choices in foreign policy, with detailed analysis of the vested interests and ideologies that have justified a sprawling global empire over the last 25 years.
"One of the most important political books of 2018."—Rod Dreher, American Conservative Of the three dominant ideologies of the twentieth century—fascism, communism, and liberalism—only the last remains. This has created a peculiar situation in which liberalism’s proponents tend to forget that it is an ideology and not the natural end-state of human political evolution. As Patrick Deneen argues in this provocative book, liberalism is built on a foundation of contradictions: it trumpets equal rights while fostering incomparable material inequality; its legitimacy rests on consent, yet it discourages civic commitments in favor of privatism; and in its pursuit of individual autonomy, it has given rise to the most far-reaching, comprehensive state system in human history. Here, Deneen offers an astringent warning that the centripetal forces now at work on our political culture are not superficial flaws but inherent features of a system whose success is generating its own failure.
John Maynard Keynes, then a rising young economist, participated in the Paris Peace Conference in 1919 as chief representative of the British Treasury and advisor to Prime Minister David Lloyd George. He resigned after desperately trying and failing to reduce the huge demands for reparations being made on Germany. The Economic Consequences of the Peace is Keynes' brilliant and prophetic analysis of the effects that the peace treaty would have both on Germany and, even more fatefully, the world.