Author:All posts by petersen

Posted in : - Publications -, Economic evolution, Neoliberalism on by : petersen Comments: 0

ABSTRACT Neoclassical economics dominates modern economics .It fails to take sufficient account either of technological change or of marketing activities, both of which are central features of modern capitalism. Neoliberals believe that the state should be confined to safeguarding individual and commercial liberty and strong property rights. But in practice, corporations’ dependence on states has..

Posted in : - Publications -, Agriculture and Food Policy on by : petersen Comments: 0

Implications of agricultural innovation for peasants and small farmers. SUMMARY 1. During the last five hundred years, various changing groups of powerful people and organisations have continually succeeded in depriving small farmers and peasants of the land they had worked, so that it could be used for other purposes. Large farms have succeeded in taking..

Posted in : - Blog -, Neoliberalism on by : petersen Comments: 0

I have been publishing evaluations of various aspects of modern capitalism and neoliberalism over the last thirty years, starting in 1981 with a critique of one of Milton Friedman’s central ideas: Milton Friedman had suggested that faster inflation and higher unemployment have been mutually reinforcing in advanced countries since 1973. But he admitted that the..

Posted in : - Blog -, Neoliberalism on by : petersen Comments: 0

1. Neoliberalism embraces beliefs that the only legitimate purpose of the state is to safeguard individual liberty , especially commercial liberty, as well as strong private property rights; and that the state should be drastically reduced in strength and size. These beliefs apply internationally: there should be free markets and free trade. 2. The political..

Posted in : - Publications -, Neoliberalism, Technology and Inequality on by : petersen Comments: 0

ABSTRACT Over the last 250 years, capitalism has been responsible for rapid economic growth and technological change in many countries. As Schumpeter suggested, the capitalist process progressively raised the standard of life of the masses. The consequent increase in production of an ever-changing and expanding range of products and services lifted hundreds of millions of..

Posted in : - Blog -, UK Social Care Policy on by : petersen Comments: 0

The “choice”  agenda is here to stay  for the foreseeable future. It  is firmly  established  amongst most sections of opinion – in the Conservative Government,  and in the main political parties, with the exception of some on the left of the Labour party.  In 2005, Tony Blair claimed that consumer choice is both good in..

Posted in : - Book reviews -, Academics and Policy, Global Warming? on by : petersen Comments: 0

A Supply-Side Approach to Global Warming, by Hans-Werner Sinn, published by MIT Press, 2012. Professor Sinn’s  green paradox is based on the assumption  that “green” measures  will encourage producers of fossil fuels  to extract their products from the ground earlier rather than later. Announcing a future reduction in the demand for fossil fuels speeds up global..

Posted in : - Book reviews -, Global Warming? on by : petersen Comments: 0

Earth Grab considers  how global capitalism’s deployment of technology  is liable to lead to disaster  for the planet and  most  of those who live on it. It groups  approaches to the deployment of technology into three: 1. “Geopiracy”. This  relates to geo-engineering. Definitions are contested, but the following extracts from  the work of reputable organisations such as the..

Posted in : - Book reviews -, Technology and Inequality on by : petersen Comments: 0

The Net Delusion provides extensive evidence to refute the myth of technological determinism – specifically the myth that technology can solve enormous political problems.The myth that the internet will liberate the world is typical of the dreams of utopia that have accompanied the initial diffusion of many radical technologies over the past 150 years. The..

Posted in : - Book reviews -, Technology and Inequality on by : petersen Comments: 0

Tim Wu: The Master Switch Wu believes that we need to understand the past if we are to anticipate  the future.  He is surely right to claim that to understand how the use of current information technologies is likely to develop – in particular, the internet. It is necessary to understand the historical patterns of development..