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In what ways do the actions and economic behavior of today's multinational corporations resemble the functioning and processes of the old command economics of the Soviet Union? By ignoring questions about power relations in markets, mainstream neoclassically-oriented economists conclude that there are no significant power structures operating in market systems to control allocation and distribution. This book argues to the contrary that there are fundamental and systemic power structures - monopoly, access to information or finance, employer power, etc. - at work in market economies, which...

By ignoring questions about power relations in markets, mainstream, neo-classically oriented economists conclude that there are no significant power structures operating in market systems. This book argues, to the contrary, that there are fundamental and systemic power structures -- monopoly, access to information or finance, employer power, etc. -- at work in market economies, which function to allocate the most important productive resources and capital investments, just as in state-controlled command economies. As an example, they show how the biggest firms at the hubs of financial...

This book is about the causes and consequences of economic inequality in the advanced market economies of today. It is commonplace that in market systems people choose their own individual economic destinies, but of course the choices people make are importantly determined by the alternatives available to them: economic disparity arises mainly from unequal opportunity. Yet this merely begs the question; from whence do the vast existing inequalities of opportunity arise? This book theorizes power and social class as the real crux of economic inequality. Most of mainstream economics studiously...

This book is about the causes and consequences of economic inequality in the advanced market economies of today. It is commonplace that in market systems people choose their own individual economic destinies, but of course the choices people make are importantly determined by the alternatives available to them: economic disparity arises mainly from unequal opportunity. Yet this merely begs the question; from whence do the vast existing inequalities of opportunity arise? This book theorizes power and social class as the real crux of economic inequality.

Most of mainstream...

Alfred Schütz und Eric Voegelin, zwei Klassiker der Sozialwissenschaften, verband ein in langjähriger Freundschaft geführter intellektueller Dialog. Wer sich über die Motive, Positionen und Entwicklungen ihres Denkens informieren möchte, dem bietet die Edition ihres Briefwechsels eine an Authentizität unüberbietbare Quelle und damit auch den Schlüssel zum Verständnis ihrer Werke. Diese Briefe zeugen von der Zeit ihres Exils in den USA und dokumentieren das tastende Entstehen jener Theorien der Lebenswelt und Politik, die man heute mit den Namen Schütz und Voegelin verbindet.