Microeconomics: A Critical Companion offers students a clear and concise exposition of mainstream microeconomics from a heterodox perspective. Covering topics from consumer and producer theory to general equilibrium to perfect competition, it sets the emergence and evolution of microeconomics in both its historical and interdisciplinary context.
Macroeconomics is fundamental to our understanding of how the world functions today. But too often our understanding is based on orthodox, dogmatic analysis. This distinctive book draws upon years of critical questioning and teaching and exposes how macroeconomic theory has evolved from its origins to its current impoverished and extreme state.
The essays in this book, written between 1983 and 2011, examine developments in global capitalism in recent decades from a socialist standpoint. Running through them all is a consistent understanding based on Marx’s critique of political economy: capitalism seen as a global system, with dynamics shaped by the structural opposition between capital and labour, rather than between states and markets.
Moving beyond abstract economic models and superficial descriptions of the market, Beyond the Developmental State analyses the economic, political and ideological interests which underpin current socio-economic processes.
Through this approach, the contributors show the close interrelation between states and markets in both national and international contexts. Drawing on a wide range of case studies and themes, the book exposes the theoretical and empirical limitations of the developmental state paradigm, offering alternatives as well as discussing the policy implications and challenges they raise.
For scholars, students and practitioners of development, Beyond the Developmental State presents a decisive break with the old dogmas of both neoliberal orthodoxy and theories of ‘market-imperfection’, and outlines theoretically and empirically grounded alternatives.
by Peter Alexander, Thapelo Lekgowa, Botsang Mmope, Luke Sinwell and Bongani Xeswi. Book launches. Johannesburg. Thursday 6 December, Council Chamber, University of Johannesburg Kingsway Campus. Prof. Adam Habib will facilitate discussion. Cape Town. Monday 10 December. Book Lounge, 71 Roeland…
Opening with a primer on ‘the Seven Leading Myths about the Indian Software Industry’, Dot.compradors reveals the darker reality behind ‘India Shining’, providing a history of the industry from the 1970s to the present day. Jyoti Saraswati punctures the myth of a free-market industry by showing the role of state intervention and how vested interests and elite corruption have shaped, and continue to shape, one of the world’s most dynamic sectors.
Any student, academic or practitioner wanting to succeed in development studies, radical or mainstream, must understand the World Bank’s role and the evolution of its thinking and activities. The Political Economy of Development provides tools for gaining this understanding and applies them across a range of topics.
“This is imperative reading for anyone interested in understanding commodity fetishism,from the fantastic form of the material and social relations of exploitation through to the commodity as a sign that conceals so much more than it reveals of the origins, nature and consequences of global markets in all of their disastrous glories.” (Ben Fine)
Anchored in contemporary debates on capitalism and political economy, this study reconsiders the major trends which are currently shaping a new stage of capitalism. With chapters examining globalization, the role of technology and environmental degradation, George Liodakis constructs a politico-economic approach on contemporary capitalism from within a classical Marxist framework of political economy. The volume provides a fitting balance between theory and empirical evidence and significantly enriches the existing scholarship on contemporary capitalism and the potential for social change. This is an important contribution to those interested in international political economy, in particular with developing a new political strategy for going beyond capitalism: a ‘reinvention’ of a communist perspective.
Tracing the evolution of social capital since his highly acclaimed contribution of 2001 (Social Capital Versus Social Theory), Ben Fine consolidates his position as the world’s leading critic of the concept.