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Economic Equality in the Co-Operative Commonwealth
Originally published in 1933 in the midst of the Great Depression, this book discussed the possibility of a new and orderly economic system to realize social justice.The author argued that nothing but the complete equality of reward could ensure a stable order.Although utopian in its outlook, the book addressed many of the concerns of the (then) existing order.The book explains the origin of differences between different people, give a brief account of the economic theory of the capitalist system and investigates the economics of the growing demand for social and economic equality.It then discusses in more detail the most efficient economic organization to provide and safeguard the welfare of the population on the basis of equality, followed by a discussion of the economic principles involved in price-fixing and foreign trade.
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Gender and Race in European Economic Governance
The dominance of certain groups in policy-making and the silence around race and gender in economic policy-making is commonplace to the point of being unremarkable.This book makes what has been unremarkable into something very remarkable.Any analysis of economic governance that ignores gender and race is inherently partial and such exclusion is itself an act of power, one that stabilises dominant ideas and prevents their contestation.This book shows how to overcome such limited analysis, and highlights how an analysis that takes account of the roles played by gender and race enables a deeper and more comprehensive understanding of economic governance in the EU. By focusing on the constitutive nature of racialized and gendered ideas in the narratives and reforms of the late 2000s, Muireann O’Dwyer offers an original study of European economic governance.She shows how an intersectional analysis can be used to answer key questions, in particular through demonstrating how gender and race play essential roles in generating both legitimacy and coherence for individual economic policies and the overall economic governance system. The book draws upon empirical work focused on key policy documents and examines significant discourses of the regime of economic governance: that of the European economic sphere, that of expertise and knowledge, and that of a particular growth model that has to come to dominate European economic policy.It also connects this analysis to broader debates about European integration, and it serves as a practical demonstration of the application of intersectionality to economic policy.
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Good Governance and Economic Growth : Complimentary or Problematic?
Governance has been incorporated into the development models of many countries because of its role in ameliorating inequalities in society.This book explores whether good governance boosts or hinders economic growth with perspectives from countries like India, the USA, Nigeria, Turkey, Pakistan, Bangladesh, Nepal, and others, and on groups of developing nations like BRICS and ASEAN. Governance has twin roles within economic systems.The first is where it guides administrators and the second is the normative role where it may act as a stimulus to economic growth and development.With the help of empirical investigations, this book analyses the interrelationships between good governance and inclusive and sustainable economic growth, productive employment, political stability, and decent work for all.It assesses the impact of various governance indicators and policy strategies on the economy and the GDP of countries in the Global North and South.The book also focuses on roadblocks to good governance such as violent conflicts, corruption, international threats and crises and its implication on economic growth.This volume will be of interest to students and researchers of economics, political science, social science, international relations, public administration, and sociology.
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European Economic Governance : Theories, Historical Evolution, and Reform Proposals
This book examines the economic theories and policies that underline the governance of the European Union.Through exploring the history of European economic governance and how this framework has evolved over time, it contextualises theoretical influences, policy debates surrounding the European Union and its instruments of governance, including the European Semester, Six Pack, Two Pack, and Fiscal Compact.Forthcoming reforms to fiscal rules and the economic policy architecture of the European Union are also discussed, with a particular focus on the impact of the COVID-19 pandemic.This book aims to give readers a broad understanding of the framework and dynamics that define European economic governance.It will be relevant to researchers and policymakers interested in the European political economy.
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How are economic cycles and economic growth related?
Economic cycles and economic growth are closely related. Economic cycles refer to the fluctuations in economic activity, including periods of expansion and contraction. Economic growth, on the other hand, refers to the long-term increase in a country's output of goods and services. During an economic expansion phase of the cycle, there is typically higher economic growth, as businesses invest and consumer spending increases. Conversely, during a contraction phase, economic growth tends to slow down or even turn negative. Therefore, economic cycles can have a significant impact on the overall level of economic growth in a country.
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"Equality before, but justice first?"
"Equality before, but justice first" suggests that while equality is important, it should not come at the expense of justice. This phrase emphasizes the need to address systemic injustices and inequalities in order to achieve true equality. It implies that simply treating everyone the same does not necessarily address the underlying issues of discrimination and oppression. Instead, it calls for prioritizing justice in order to create a more equitable society for all.
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What is the ranking of gender equality according to the World Economic Forum?
According to the World Economic Forum's Global Gender Gap Report 2021, Iceland is ranked as the country with the highest level of gender equality, followed by Finland, Norway, New Zealand, and Sweden. These rankings are based on factors such as economic participation and opportunity, educational attainment, health and survival, and political empowerment. The report also highlights the progress and challenges in achieving gender equality globally, with the overall gender gap widening due to the impact of the COVID-19 pandemic.
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How does economic growth occur in the economic cycle?
Economic growth occurs in the economic cycle through a combination of factors. During the expansion phase of the cycle, businesses invest in new equipment and technology, leading to increased productivity and output. This increased production leads to higher employment levels and consumer spending, further fueling economic growth. Additionally, during this phase, consumer and business confidence is high, leading to increased investment and spending. Overall, economic growth occurs as a result of increased production, employment, and investment during the expansion phase of the economic cycle.
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Women Money Power : The Rise and Fall of Economic Equality
In Women Money Power, financial journalist Josie Cox tells the compelling story of women’s fight for financial freedom, the social and political hurdles that have kept them from equality-?and the work that remains to be done. “A bold, fascinating, and hugely important book. Unforgettable.”-Jonathan Eig, author of King: A Life and The Birth of the Pill“A necessary and riveting read.”-Francesca Donner, former gender director at the New York Times For centuries, women were denied equal access to money and the freedom and power that came with it.They were restricted from owning property or transacting in real estate.Even well into the 20th century, women could not take out their own loans or own bank accounts without their husband’s permission. They could be fired for getting married or pregnant, and if they still had a job, they could be kept from certain roles, restricted from working longer hours, and paid less than men for equal work.It was a raw deal, and women weren’t happy with it. So they pushed back. Women, Money, Power is an inspirational account of brave pioneers who took on social mores and the law, including the “Rosies” who filled industrial jobs vacated by men and helped win WWII, the heiress whose fortune helped create the birth control pill, the brassy investor who broke into the boys’ club of the New York Stock Exchange, and the namesake of landmark equal pay legislation who refused to accept discrimination. But as any woman can tell you, the battle for equality—for money and power—is far from over.Cox delves deep into the challenges women face today and the culture and systems that hold them back.This is a fascinating narrative account of progress, women’s lives, and the work still to be done.
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Economic Torts and Economic Wrongs
This book explores contemporary issues in respect of causes of action which operate to protect a plaintiff’s economic interests. It examines the question from across the spectrum of private law.Focusing mainly on common law principles, it looks in particular at the treatment of such causes of action in the United Kingdom, Australia, Canada, Singapore as well as other common law jurisdictions.Addressing both theoretical and doctrinal issues, this important book will appeal to both private law scholars and practitioners.
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Imperial Inequalities : The Politics of Economic Governance Across European Empires
Imperial Inequalities takes Western European empires and their legacies as the explicit starting point for discussion of issues of taxation and welfare.In doing so, it addresses the institutional and fiscal processes involved in modes of extraction, taxation, and the hierarchies of welfare distribution across Europe’s global empires.The idea of ‘imperial inequalities’ provides a conceptual frame for thinking about the long-standing colonial histories that are responsible, at least in part, for the shape of present inequalities. This wide-ranging volume challenges existing historiographical accounts that present states and empires as separate categories.Instead, it views them as co-constitutive units by focusing upon the politics of economic governance across imperial spaces.Authors examine the fiscal innovations that enabled European empires to finance their expansion, the politics of redistribution that were important to constructing the veneer of legitimacy of taxation, and the fiscal mechanisms that were established to ensure that the imperial contours of inequality continued to define the postcolonial world.These diverse contributions provide new resources for how we think about issues of taxation and welfare across the longue durée. This book is relevant to United Nations Sustainable Development Goal 10, Reduced inequalities -- .
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Political Economy of the Firm : Authority, Governance, and Economic Democracy
An alternative theory of the firm is needed that helps better understand the nature and actual functioning of firms as well as the challenges raised by digital platform firms.In defining firms as economic collective ventures organised by political means, this book offers a “political economy” vision of firms. Specifically, the book provides an authority-based conception of the firm that supplies a theoretical grounding for democratic governance.It is argued that workers must be viewed as actors of the firm, not passive subjects of capital, given that authority is a non-coercive form of power.The book examines authority and subordination from the workers’ perspective and argues that when workers accept authority, it is because they see it as facilitating mutually beneficial cooperation between people with divergent interests.As managerial authority is based on its acceptance by workers, it calls for legitimacy.Neither ownership nor the function that authority performs makes it legitimate.The book shows that legitimacy entails the democratisation of corporate governance, within the framework of “pluralistic companies”, and thus joins the many voices that increasingly question shareholder primacy. The book will be of great interest to researchers and students in economics and law as well as labour professionals, employers, unions, policymakers and anybody interested in economic democracy.
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What is the difference between economic system and economic process?
An economic system refers to the structure and organization of an economy, including the institutions, laws, and policies that govern economic activity. It encompasses the overall framework within which economic decisions are made, resources are allocated, and goods and services are produced and distributed. On the other hand, an economic process refers to the specific actions and activities that take place within an economic system, such as production, consumption, investment, and trade. While the economic system sets the rules and parameters for these processes, the economic process involves the day-to-day activities and transactions that drive the economy.
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Are we in an economic crisis or a global economic crisis?
We are currently facing a global economic crisis due to the impact of the COVID-19 pandemic. The pandemic has caused widespread disruptions to economies around the world, leading to job losses, business closures, and financial instability. Governments and central banks have implemented various measures to mitigate the economic fallout, but the full extent of the crisis is still unfolding. The interconnected nature of the global economy means that the effects of this crisis are being felt on a worldwide scale.
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How can sustainable economic activity be reconciled with simultaneous economic growth?
Sustainable economic activity can be reconciled with simultaneous economic growth by implementing policies and practices that prioritize environmental and social considerations alongside economic development. This can include investing in renewable energy, promoting sustainable agriculture, and implementing regulations to reduce pollution and waste. Additionally, businesses can adopt sustainable practices such as reducing energy consumption, minimizing waste, and promoting fair labor practices. By integrating sustainability into economic decision-making, it is possible to achieve economic growth while also preserving natural resources and promoting social well-being for future generations.
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What are economic relationships?
Economic relationships refer to the connections and interactions between individuals, businesses, and governments that involve the production, distribution, and consumption of goods and services. These relationships are based on the exchange of resources, such as money, labor, and capital, to create value and promote economic growth. Economic relationships can take various forms, including trade agreements, investment partnerships, and consumer-producer transactions, and play a crucial role in shaping the global economy.
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