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Neoliberalism has transformed markets supplying public goods. Analysis of five real-world Australian markets reveals the eligibility rules for access and ongoing participation, interaction of participants, the role of intermediaries and government, the extent of competition, complex regulatory...
Persistent link: https://www.econbiz.de/10008742877
Regulation theory offers a cogent analytical framework to explain the contemporary environmental challenge, capitalism's responses to environmental issues and the challenge of sustainable development to accumulation. The paper outlines the insights provided by this analytical framework and seeks...
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Contemporary capitalism is marked by economic, energy, and environmental crises. This article explores the interrelationships between these crises using the example of Australia, one of the world's highest per-capita carbon gas emitters. In this paper, I consider key features, impacts, and state...
Persistent link: https://www.econbiz.de/10010663312
As the environmental debate has intensified, post-Keynesians, Régulationists and Polanyians remain relatively silent. All treat time as historical, consider economic issues subordinate to politics and have plenty to say about growth, institutions, uncertainty and path-dependent events. These...
Persistent link: https://www.econbiz.de/10014363166
This paper argues that neoliberalism’s global restructuring of electricity sectors has failed to deliver its proclaimed objectives and spawned threats to economic growth, financial market stability, environmental degradation, and society’s well-being. Using the case study of Australia, the...
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