Neo-liberalism Or Democracy?: Economic Strategy, Markets, and Alternatives for the 21st Century

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Zed Books, 1999 - Business & Economics - 255 pages
This work explores some central tenets of modern economics. In doing so, it subjects them to trenchant examination - including the case for free trade and the inevitability of ever more grotesque income inequalities. It argues that current policies are delivering neither sustained economic growth nor many of the other things fundamental to people's wellbeing. The book argues that there is a feasible alternative, and provides clear indications of how to construct a democratically controlled economic strategy which both delivers growth and meets everyone's needs.
 

Contents

There are Alternatives I
1
International Commerce and Economic Development
25
Economic Growth and the Distribution of Income
66
The Social Construction of Markets
99
Definitions
145
Macroeconomic Foundations of a Democratic Strategy
160
Social Programmes as the Core of a Democratic Strategy
175
Democratic Development and the Shaping of Private
198
Power and Politics in the Pursuit of Democratic
225
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About the author (1999)

Arthur MacEwan is Professor of Economics at the University of Massachusetts Boston. Educated at Chicago and Harvard, his work Development Alternatives in Pakistan: A Multisectoral and REgional Analysis of Planning Problems (Harvard University Press, 1971) was awarded the Harvard University Department of Economics Wells Prize. From 1968 to 1975, he taught at Harvard before moving to the University of Massachusetts Boston.His editorial positions have included Dollars & Sense (1974-90), Review of Radical Political Economy (1980-82) and the Quarterly Journal of Economics (1972-75).His books include:* Edited jointly with Hollis B. Chenery and others, Studies in Development Planning (Harvard University Press, Cambridge, Mass., 1971)* Edited jointly with Thomas E. Weisskopf, Perspectives on the Economic Problem: A Book of Readings in Political Economy (Prentice-Hall, Englewood Cliffs, NJ, 2nd edn, 1973)* Revolution and Economic Development Planning in Cuba (Macmillan Press, London and St. Martin's Press, New York, 1981)* Edited jointly with William K. Tabb, Instability and Change in the World Economy (Monthly Review Press, Ne York, 1989)* Debt and Disorder: International Economic Instability and US Imperial Decline (Monthly Review Press, New York, 1990)