Category :Economic evolution

In 2015, the United Nations adopted Sustainable Development Goals (SDGs) to end extreme poverty, fight inequality and protect our planet. For many centuries, individuals and small firms had made and distributed basic commodities such as food and clothing.They accumulated profits by keeping whatever remained after they had paid for their expenses. In the nineteenth century,..

Posted in : - Blog -, Britain's Economic Policy, Economic evolution on by : petersen Comments: 0

The TV programme broadcast on Channel 4 at 10pm  on Tuesday 9th January 2018 entitled Working Class White Men offered some deep  insights on significant aspects of populism and alienation in England now. This programme  was presented by “Professor” Green who  is not a real professor but a rapper: nor, so far as I know,..

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 : 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 : 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..