Economic evolution

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

The rise of electoral democracies has been accompanied by enhancement of the role of myths and stories in economics and politics, in which “truth”, even if it could  be found, has rarely ever  played much of a role

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

by Peter Senker and Erika Cudworth This paper draws on: Erika Cudworth, Peter Senker , and Kathy Walker,(editors) ( 2013) Technology, Society and Inequality: New Horizons and Contested Futures, New York, Peter Lang. ABSTRACT Dysfunctional innovation is increasingly pervasive worldwide . It sustains economic and social inequality rather than stimulating economic growth. For example, ICTs..

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 : - Book reviews -, Economic evolution on by : petersen Comments: 1

Tim Jackson, Prosperity Without Growth: Economics for a Finite Planet: London and Washington DC., Earthscan, 2011, xii + 276 pages. (Summary of book review*) Economic growth is still important for the world’s poorest nations, but Jackson questions whether it makes sense “for the richer nations, where subsistence needs are largely met and further proliferation of..