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This article explores why a deep understanding of Marx's project is essential for developing an adequate science of society. The imperative to re-examine Marx's project has been made evident not only by the incapacity of the fragmented contemporary social sciences to grasp the causes and...
Persistent link: https://www.econbiz.de/10010676274
Explanations of the financial crisis of 2008 have centred upon inadequate regulation stemming from laissez-faire ideology and low interest rates. Although true, the deeper determining forces of wage stagnation and dramatically increasing inequality in the USA over the preceding 35 years have...
Persistent link: https://www.econbiz.de/10010683306
Although healthy societies may require a degree of material inequality, higher levels of inequality have been linked to negative social consequences ranging from poorer health to lessened democracy. However, the greatest contemporary threat of excessive inequality might be its contribution to...
Persistent link: https://www.econbiz.de/10010602562
The legitimacy of governments in all wealthy countries critically depends upon generating employment. The most widely embraced strategy for doing so is to induce more robust economic growth. Pressure to stimulate growth at practically any cost has been greatly augmented by the current crisis....
Persistent link: https://www.econbiz.de/10010616477
Persistent link: https://www.econbiz.de/10010626405
Can we ever practically control the degradation of the environment if the world continues to emphasize economic growth as its answer to social justice? Guarantee employment and grow less rapidly, says the author. He offers an unorthodox idea that deserves a hearing.
Persistent link: https://www.econbiz.de/10010630647
The most widely embraced explanations of the financial crisis of 2008 have centered upon inadequate regulation stemming from laissez-faire ideology, combined with low interest rates. Although these widely-acknowledged causal factors are true, beneath them lies a deeper determining force that has...
Persistent link: https://www.econbiz.de/10008788684
The percentage of Americans who are obese has doubled since 1980. Most attempts to explain this "obesity epidemic" have been found inadequate, including the "Big Two" (the increased availability of inexpensive food and the decline of physical exertion). This article explores the possibility that...
Persistent link: https://www.econbiz.de/10008676338
Since 2008, the U.S. economy has been mired in the second worst economic crisis in its history. Conceivably, massive government spending could bring the economy out of this slump as massive war spending ultimately ended the Great Depression of the 1930s. However, a far superior strategy exists:...
Persistent link: https://www.econbiz.de/10011094364
Ever since capitalism came to be recognized as a new economic system, it has had vociferous critics, of whom none was more wide-ranging than Karl Marx. Marx recognized that behind its ideological patina of freedom, capitalism, like the exploitative systems of slavery and feudalism, was a social...
Persistent link: https://www.econbiz.de/10011098402