By Geoffrey M. Hodgson
ISBN-10: 0415075068
ISBN-13: 9780415075060
Because the fall of the Berlin Wall we've been informed that no replacement to Western capitalism is feasible or fascinating. This ebook demanding situations this view with arguments. First, the above premise ignores the big style inside capitalism itself. moment, there are huge, immense forces of transformation inside of modern capitalisms, linked to strikes in the direction of a extra knowledge-intensive economic system. those forces problem the conventional bases of agreement and employment, and will bring about a rather varied socio-economic process. with no offering a static blueprint, this ebook explores this attainable state of affairs.
Read Online or Download Economics and Utopia: Why the Learning Economy is Not the End of History (Economics as Social Theory) PDF
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Because the fall of the Berlin Wall we've been informed that no substitute to Western capitalism is feasible or fascinating. This e-book demanding situations this view with arguments. First, the above premise ignores the large sort inside of capitalism itself. moment, there are huge, immense forces of transformation inside modern capitalisms, linked to strikes in the direction of a extra knowledge-intensive economic climate.
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Additional resources for Economics and Utopia: Why the Learning Economy is Not the End of History (Economics as Social Theory)
Sample text
From the 1830s to the 1950s, the word ‘socialism’ has been linked to the idea of overall common ownership, emanating from writers such as Owen or Marx. In the long history of the socialist movement, only two significantly distinct alternative forms of proposed ‘socialist’ economic organisation have emerged, but until the 1950s they were marginalised to the extreme. The first alternative is often today described as ‘market socialism’. It has not been popular among socialists because it involves the use of the market as an overall mechanism of coordination and regulation.
Both legal and economic relations are real, and expressed in behavioural regularities, routines and habits of thought. The claim that one is more fundamental does not give grounds to ignore the other. What is required is a theoretical approach that can embrace and give due weight to both. Above all, this book focuses on individual and group learning and knowledge. It emphasises that an understanding of the nature and importance of learning in modern socio-economic systems undermines both the individualistic, free market utopia of the right and the collectively planned utopia of the left.
It appeared, for example, in the second volume of Capital where Marx (1978, p. 434) wrote of the planned system of ‘social production’ where ‘society distributes labourpower and means of production between the various branches of industry’. Likewise, in one of his very last manuscripts, completed in 1880, Marx (1976b, p. 207) remarked that in the society of the future ‘the “social-state” will draw up production from the very beginning ... The scope of production ... ’2 Like Owen, Marx and Engels (Marx, 1973a, pp.
Economics and Utopia: Why the Learning Economy is Not the End of History (Economics as Social Theory) by Geoffrey M. Hodgson
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