A Theory of Full EmploymentTransaction Publishers - 243 стор. In A Theory of Full Employment, Y.S. Brenner reviews the current drift toward a society he finds neither economically expedient nor morally attractive, and N. Brenner-Golomb discusses the risks involved for science and society in the newfangled sophism hiding behind post-modern ideas and "political correctness." Both authors emphasize the need to revive the public's political engagement and revise economic theory to restore to society the humane perspective that inspired the welfare state. They contend that if people will abandon outworn habits of thought, consider alternatives, and renew their political engagement, they may find useful employment for all who are able and willing to work and end the fear of destitution. Although scientists' philosophical backgrounds seldom influence their answers, they do determine their questions, and the final outcome can depend on this. Neoclassical economists are ill equipped to ask questions about the long-term dynamic processes of our complex economic reality. They leave out of their models variables not easily quantified and prefer mathematical precision to the study of the intricacy of life. Paul Samuelson, Robert Solow, and others have tried to overcome this by grouping self-adjusting elements into "proxy" variables, thus synthesizing neoclassical and Keynesian ideas. But most of today's critics of the ruling dogma go largely unheard. This volume is intended to convince professional economists who study the economic system as a whole to reexamine some of the assumptions behind reigning economic theories. A second objective is to explain to the general public why currently fashionable policies cannot solve massive long-term unemployment. Finally, it shows that if political engagement is revived, we may escape the economic morass and moral wasteland into which, the fashionable policies have been leading us since the 1970s. This book will appeal to economists, politicians, sociologists, and a wider public concerned about today's economic malaise. Y.S. Brenner was until his retirement in 1996 professor of economics at Utrecht University in the Netherlands. He is chairman of the International Center for Social Economics, and editor of the Journal of Income Distribution. Among his major works are Theories of Economic Development and Growth, A Short History of Economic Progress, and The Rise and Fall of Capitalism. N. Brenner-Golomb taught statistics at various universities until she turned to philosophy. She has published on R.A. Fisher's philosophical approach to inductive inference; on the devaluation of the concept of truth; and a comparison of Wittgenstein's idea of language games with the behaviorist interpretation of verbal behavior. |
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... cost near base , and although it does create some em- ployment abroad it is done to strengthen the tie with the communities in the new markets or to comply with certain legal obligations . Multinationals only take risks and use costly ...
... cost of health care because its fragmentation causes insurance risks to be spread less widely , but it also engenders the negative effect that to sustain profitability the private companies are reluctant to insure precarious cases or ...
... cost involved in finding qualified workers when they need them , and fear the leaking of production secrets to other firms when their former workers seek new employment . With unskilled workers things are very different . For them ...
... cost of gather- ing information about job vacancies and labour availabilities , the cost of mobility and so on . " In other words , natural unemployment is all the unem- ployment which equilibrium economics cannot account for because ...
... cost - reducing equipment , is sufficiently powerful to make good the diminution in consumers ' demand . If it is ... costs may well encourage them to invest even though the immediate re- turns may not be very profitable . But this will ...
Зміст
1 | |
7 | |
The New Market Structure Globalization | 13 |
The New Significance of Services | 21 |
The Failure of the Neoclassical Synthesis | 31 |
The Distribution of National Income between Investment and Consumption | 39 |
Overproduction Underconsumption and the Business Cycle | 47 |
Distribution Some Methodological Observations | 59 |
The Disintegration of Western Civilized Society | 95 |
Truth and Expediency Some Introductory Philosophical Observations | 107 |
Truth and Expediency Some Philosophical Observations Concerning Science | 133 |
Truth and Expediency Philosophical Observations Concerning the Humanities | 155 |
The Political Dimension | 175 |
Conclusions | 197 |
Glossary of Terms | 209 |
Literature Cited | 227 |
Distribution of National Income between Strata of Society | 69 |
Distribution between the Private and the Public Sector | 79 |
The Problem of the Social Welfare Function | 89 |
Index | 237 |
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