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This book confronts the failings of current global economics to deliver the equity, sustainability and community empowerment which humanity now needs to handle a troubled future. The volume proposes an economy built from our society, not the other way around. The Kyoto Manifesto was built, layer by layer, over a period of 4 years, based on broad-ranging international symposia held in Kyoto between 2014 and 2017, hosted by the Center for the Creative Economy, Doshisha University. Not stopping at theory and untested ideas however, the Manifesto proposes practical action that will make a difference, including in the problematic technological and ecological context of humanity’s immediate and long-term future. The book is unique and innovative for it moves adventurously across very broad territory. The Manifesto draws from world philosophic arguments, including, specifically, a critique of “liberalism”, further, exploring sociology, cultural anthropology, politics, primatology and early humanity, even quantum physics. Argument is set within mainstream post-1972 economics and political economics as well as direct practical experience working to empower disadvantaged communities through the United Nations. Most importantly, the book’s analysis is deeply informed by the practice of searching for what is “sacred”, the ultimate essence of our humanity, what we can be as a human race—empowered, fulfilled individuals, deeply sharing and caring for each other across our separate cultures and lives. Stomu Yamash’ta’s On Zen performances, set the context for the Symposia, bringing different religions and cultures together across their dividing boundaries into a coherent search for peace and harmony through sacred music. Informed by alternate cultural paradigms for economics, the book probes deeply into philosophies and practices that already exist within Eastern and Western societies, and offer lessons for our future. The result is an economics that stresses harmony with nature, and balance in social relations. It places an emphasis on community—human sharing and trust—as a platform for our future, not separate from the global economy but integrated into its very foundations. This is a book for all who care: a plan for our sustainable future built from the best of what our humanity is and can offer.
This book confronts the failings of current global economics to deliver the equity, sustainability and community empowerment which humanity now needs to handle a troubled future. The volume proposes an economy built from our society, not the other way around. The Kyoto Manifesto was built, layer by layer, over a period of 4 years, based on broad-ranging international symposia held in Kyoto between 2014 and 2017, hosted by the Center for the Creative Economy, Doshisha University. Not stopping at theory and untested ideas however, the Manifesto proposes practical action that will make a difference, including in the problematic technological and ecological context of humanity's immediate and long-term future. The book is unique and innovative for it moves adventurously across very broad territory. The Manifesto draws from world philosophic arguments, including, specifically, a critique of "liberalism", further, exploring sociology, cultural anthropology, politics, primatology and early humanity, even quantum physics. Argument is set within mainstream post-1972 economics and political economics as well as direct practical experience working to empower disadvantaged communities through the United Nations. Most importantly, the book's analysis is deeply informed by the practice of searching for what is "sacred", the ultimate essence of our humanity, what we can be as a human race--empowered, fulfilled individuals, deeply sharing and caring for each other across our separate cultures and lives. Stomu Yamash'ta's On Zen performances, set the context for the Symposia, bringing different religions and cultures together across their dividing boundaries into a coherent search for peace and harmony through sacred music. Informed by alternate cultural paradigms for economics, the book probes deeply into philosophies and practices that already exist within Eastern and Western societies, and offer lessons for our future. The result is an economics that stresses harmony with nature, and balance in social relations. It places an emphasis on community--human sharing and trust--as a platform for our future, not separate from the global economy but integrated into its very foundations. This is a book for all who care: a plan for our sustainable future built from the best of what our humanity is and can offer.
This book, The Kyoto Post-COVID Manifesto for Global Economics (KM-PC), is a sequel to our 2018 book, The Kyoto Manifesto for Global Economics (KM-I, 2018). It further exposes the failures of a global economic regime that, based on self-interest, has led to the enormously unequal and fragmented society of today and our decreased ability to respond and recover from the critical worldwide consequences of such a regime over time — notably, climate change. At stake is our very survival beyond the twenty-first century. The fundamental tenet of this book is that our power to heal our currently fractured society lies in the depth of our humanity — in our shared human spirit and spirituality. What is sacred or of imperishable supreme value is what we can be as a human race: empowered, fulfilled individuals, living in harmony, deeply sharing and caring for one another and the environment that sustains us across our distinct cultures and worlds in which we live. Thus, the norms in our economic relations do not have to be those of self-interest that separates us, the ever-watchful distrust represented by “the deal” and immediate economic advantage for me. Instead, we can build an economic frame for our society based on mindfulness, care, mutual human benefit, and trust — on our shared humanity. Our argument was complete and we were ready to publish. But then, suddenly, from the dawning of 2020, everything changed. COVID-19 invaded and the world as we knew it simply stopped. No one saw it coming. As authors, we waited to watch and seek to understand. The result is that the book captures the COVID trauma and, against the fractures based on self-interest already visible in today’s society, assesses the impact of COVID-19 now and for the future. Focusing on a humanity-based economics is even more important now, and this book shows why. Chapter 15 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
"When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a 'dismal science,' is a positive force for the common good. Economists are rewarded for writing technical papers in scholarly journals, not joining in public debates. But Tirole says we urgently need economists to engage with the many challenges facing society, helping to identify our key objectives and the tools needed to meet them. To show how economics can help us realize the common good, Tirole shares his insights on a broad array of questions affecting our everyday lives and the future of our society, including global warming, unemployment, the post-2008 global financial order, the euro crisis, the digital revolution, innovation, and the proper balance between the free market and regulation. Providing a rich account of how economics can benefit everyone, Economics for the Common Good sets a new agenda for the role of economics in society"--Provided by publisher.
Thoroughly revised and updated edition of this comprehensive survey of resource depletion.
Grzegorz W. Kolodko, one of the world's leading authorities on economics and development policy and a key architect of Poland's successful economic reforms, applies his far-reaching knowledge to the past and future of the world economy, introducing a framework for understanding our global situation that transcends any single discipline or paradigm. Deploying a novel mix of scientific evaluation and personal observation, Kolodko begins with a brief discussion of misinformation and its perpetuation in economics and politics. He criticizes the simplification of complex economic and social issues and investigates the link between developments in the global economy and cultural change, scientific discoveries, and political fluctuations. Underscoring the necessity of conceptual and theoretical innovation in understanding our global economic situation, Kolodko offers a provocative study of globalization and the possibility of coming out ahead in an era of worldwide interdependence. Deeply critical of neoliberalism, which sought to transfer economic control exclusively to the private sector, Kolodko explores the virtues of social-economic development and the new rules of the economic game. He concludes with a look at our near and distant future, questioning whether we have a say in its making.
In this important book, William J. Baumol, Robert E. Litan, and Carl J. Schramm contend that the answers to these questions lie within capitalist economies, though many observers make the mistake of believing that "capitalism" is of a single kind. Writing in an accessible style, the authors dispel that myth, documenting four different varieties of capitalism, some "Good" and some "Bad" for growth. The authors identify the conditions that characterize Good Capitalism--the right blend of entrepreneurial and established firms, which can vary among countries--as well as the features of Bad Capitalism. They examine how countries catching up to the United States can move faster toward the economic frontier, while laying out the need for the United States itself to stick to and reinforce the recipe for growth that has enabled it to be the leading economic force in the world. This pathbreaking book is a must read for anyone who cares about global growth and how to ensure America's economic future.
Why are some parts of the world so rich and others so poor? Why did the Industrial Revolution--and the unprecedented economic growth that came with it--occur in eighteenth-century England, and not at some other time, or in some other place? Why didn't industrialization make the whole world rich--and why did it make large parts of the world even poorer? In A Farewell to Alms, Gregory Clark tackles these profound questions and suggests a new and provocative way in which culture--not exploitation, geography, or resources--explains the wealth, and the poverty, of nations. Countering the prevailing theory that the Industrial Revolution was sparked by the sudden development of stable political, legal, and economic institutions in seventeenth-century Europe, Clark shows that such institutions existed long before industrialization. He argues instead that these institutions gradually led to deep cultural changes by encouraging people to abandon hunter-gatherer instincts-violence, impatience, and economy of effort-and adopt economic habits-hard work, rationality, and education. The problem, Clark says, is that only societies that have long histories of settlement and security seem to develop the cultural characteristics and effective workforces that enable economic growth. For the many societies that have not enjoyed long periods of stability, industrialization has not been a blessing. Clark also dissects the notion, championed by Jared Diamond in Guns, Germs, and Steel, that natural endowments such as geography account for differences in the wealth of nations. A brilliant and sobering challenge to the idea that poor societies can be economically developed through outside intervention, A Farewell to Alms may change the way global economic history is understood.
Explores the politics and economics of the Abe government and evaluates major policies, such as Abenomics policy reforms.
Offers a look at the causes and effects of poverty and inequality, as well as the possible solutions. This title features research, human stories, statistics, and compelling arguments. It discusses about the world we live in and how we can make it a better place.