We use an agent-based stock-flow consistent model of a closed economy without technological change that considers different classes of households, status consumption and a Minskyan banking sector to analyze the relationship between rising saving rates, the accumulation and distribution of...

This paper studies the conceptualization and quantification of 'competitiveness' within the main policy coordination framework of the EU, the European Semester. This topic warrants attention since 'competitiveness' is not only of central importance in the European policy discourse, but also a...

This paper studies the conceptualization and quantification of 'competitiveness' within the main policy coordination framework of the EU, the European Semester. This topic warrants attention since 'competitiveness' is not only of central importance in the European policy discourse, but also a...

Dieser Beitrag illustriert theoretische Argumente zu den Charakteristika vergangener und gegenwärtiger Globalisierungsprozesse am Beispiel des (ehemaligen) MAN-Produktionsstandortes Steyr. Dabei wird gezeigt, wie sich allgemeine Dynamiken verstärkter internationaler Eigentumskonzentration und...

This paper analyzes developmental trajectories in the EU. In doing so, it diagnoses economic polarization on two different levels: for one, we observe a divergence of average incomes across EU countries as a persistent empirical feature associated with European integration. For another, European...

The influential position of multinational corporations in the global economy of the twenty-first century is a particularly controversial and timely subject. This paper aims to improve our understanding of this phenomenon by focusing on one particular aspect of it: corporate power. To this end,...

This paper introduces a framework to facilitate an interdisciplinary analysis of 'competition'. While such an interdisciplinary analysis can be justified by referencing the various fields of social and economic life in which 'competition' is important, three challenges are found to aggravate...

This paper discusses the actual relevance and historical origins or 'competition universalism'. In economics, competition is conceptualized as a nearly ubiquitous element of societies, or, at least, used to study a wide array of social and political relations, including competition between firms...

This paper provides a taxonomy and evaluation of five common arguments against pluralism in economics: (1) the claim that economics is already pluralist, (2) the argument that if there was the need for greater plurality, it would emerge on its own, (3) assertion that pluralism means "anything...