Economics and Liberating Theory - Part 11 doc

... Press, 1991), both by Michael Albert and Robin Hahnel. Other essays about participa- tory economics and a forum where participants discuss and debate participatory economics can be found on the ZNet ... Cole, and Sidney and Beatrice Webb. 9. This model was first presented in The Political Economy of Participatory Economics (Princeton University Press, 1991), and Looking Forw...

Ngày tải lên: 02/07/2014, 21:20

... of self-managed and other-directed or alienated labor, and from the supervisory costs of monitoring employees. Conse- quently the model fails to capture differences in outcomes from labor and credit ... consider the impli- cations of people’s preferences for how they work, and who decides how they work, and discuss the effects of more realistic assumptions about con- sumption and...

Ngày tải lên: 02/07/2014, 21:20

... Jean Bethke Elshtain, and Robert Putnam among others have documented the general decay of civic life and weakening of trust and participation across all income and educa- tional levels in the ... supply and demand closely approximate true marginal social costs and benefits then the individually rational behavior of buyers and sellers and the workings of the micro law of supply...

Ngày tải lên: 02/07/2014, 21:20

... capital-using and labor- saving or capital-saving and labor-saving, and whether they be socially productive or counterproductive. Can we conclude anything definitive about the effect of any cost-reducing ... capital-using and labor-saving. And we know capitalists in industry 1 embraced it when the wage rate was 2.375 (and the rate of profit was zero), but rejected it when the wage...

Ngày tải lên: 02/07/2014, 21:20

... ECONOMY MACRO ECONOMICS AND IMF CONDITION- ALITY AGREEMENTS In chapters 6 and 7 we learned how aggregate demand explains the causes of some kinds of unemployment and inflation, and studied the ... goods and services available. And besides the demand that comes from the domestic household, business, and government sectors, foreign demand for exports adds to the demand for final...

Ngày tải lên: 02/07/2014, 21:20

... liberation and anti- racist movements, and anarchism, as well as from mainstream psychology, sociology, and evolutionary biology where useful. Liberating theory attempts to understand the relationships ... assembly lines, raw materials, and products are objects, and part of the “built” environ- ment. Ruth, Joe, and Sam, the people who work in, or own the factory, are people,...

Ngày tải lên: 02/07/2014, 21:20

... Edward Wolff, Economics of Poverty, Inequality and Discrimination (South-Western Publishing, 1997): 75. 9. Walter Park and David Brat, “A Global Kuznets Curve?” Kylos, Vol. 48, 1995: 110 . employees ... important to evaluate and take into account. SELF-MANAGEMENT I define self-management as decision making input in proportion to the degree one is affected, and believe more self-man...

Ngày tải lên: 02/07/2014, 21:20

... of supply and demand which is the key to understanding how markets for particular goods and services work. The macro law of supply and demand is the key to understanding how much goods and services ... The old theory was relabeled “micro economics and preserved as the centerpiece of the traditional paradigm, and a new theory called macro economics was created to explain the...

Ngày tải lên: 02/07/2014, 21:20

... other. Suppose I come and sell my potatoes for money and then my six-year-old breaks his arm running around underneath the vegetable stands, I take him to the emergency room, and by the time we ... a theater, and say there are 100 people and you have the rush-to-the-exit problem. With derivatives, it’s as if without your knowing it, there are another 500 people in the theater, and...

Ngày tải lên: 02/07/2014, 21:20

... production, (and therefore also income) and M is imports. So Y + M represents the aggregate supply of final goods and services. C is household consumption demand, I is domestic investment demand, G ... spending, and X is foreign demand for Brazilian exports. So C+I+G+X represents the aggregate demand for final goods and services. The equilibrium condition says the aggregate supply of...

Ngày tải lên: 02/07/2014, 21:20