Kategoria BISAC: Political Science >> Political Economy

This book combines Hartmut Elsenhans’ ideas on the laws of motion of capitalism and his approach to world system analysis and rent theory, his thoughts on development theory and finally, international relations and the past, present, and future dynamics of the international system. Hartmut Elsenhans shows that capitalist growth depends on rising mass incomes and on the strength of labor unions and their bargaining power. This alternative approach challenges mainstream assumptions on capitalism, growth, and development by both leading leftist authors, such as David Harvey, Immanuel...

This book discusses socialism and democracy. It approaches socialism not as a label but as an ideology. Based on a careful examination of what socialism is, traced back to Karl Marx, this book explains the tense relationship between socialism and democracy and how it has influenced political thought and practice in both Europe and America. This book carefully avoids conventional wisdom, seeking instead to originate its definition and analysis of socialism in its political theory and practice. Building on the relationship between socialism and democracy, the book explores how this uneasy...

This book explores China’s engagement with Latin America and the Caribbean as a case study of its broader effort to use commercial tools and instruments of state to create a global economic order that functions to its benefit, while neutralizing challenges from institutions, states, and others that would oppose it. Unlike the common representation of the Cold War as a political-military struggle, this work uniquely examines China’s current efforts as primarily seeking to dominate global value chains, with supporting political, technological, and military components. In this regard, it...

Interest has always been a part of humans' daily economic life, and the concept of interest has attracted intense attention from economists, philosophers, religious scholars and lawmakers.  This book analyses the issue of prohibition of interest through the lens of conventional economics and then makes a comparison with the position of Islamic economists.  It evaluates the theory of interest presented by Böhm-Bawerk, which is the most respected and applicable theory at present.  It provides an in-depth analysis of the current literature, and it is the first book to...

This book examines the application of risk-sharing finance as a national economic policy in history and how it stimulated economic recovery during a short period in Germany between 1933 and 1935. Economic history indicates that risk-sharing instruments have promoted socio-economic development in many parts of the world while risk-shifting methods have imposed huge socio-economic costs on many nations, leading to debt slavery on individual members. This book highlights lessons to be learned from history and argues that risk-sharing is a powerful tool for generating rapid economic recovery...