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Examining the flaws in traditional economic indicators of welfare, wealth and development, the essays in this volume offer a cogent critique of theories of economic liberalism. In The Milano Papers critical analyses and case studies are employed to reassess long-held "sacred cows" - laissez faire economics, free trade, market rationality - thus illustrating the increasing crisis in the discipline of economics, and in the "development" of global capitalism.
Recognising that the macroeconomics of the Fordist-Keynesian era are based on goals and a vision of the world that no longer apply in our times, the authors draw from the history of the postwar era to the present day in order to envision strategies for the challenges of the global economy.
For an increasing number of international scholars and researchers, the work of Karl Polanyi - for example, The Great Transformation (1944) - has been a source of inspiration in assessing current conditions and building renewed perspectives and methodologies. In detailed analyses of current socioeconomic trends from all over the globe, the writers of this collection - enriched by Polanyi's understanding of economic development - propose new concepts and goals for economic analysis in the wake of the collapse of "communism".
Contributors include: Samir Amin, Zygmunt Bauman, Gérald Berthoud, Abraham Rotstein, Ayse Bugra, Alberto Chilosi, Alfredo L. de Romana, Pat Devine, Colin Duncan, Bjorn Hettne, Tadeusz Kowalik, Alain Lipietz, Tomory Marta, J. Martinez-Alier, Mario Nuti, Ulf Olsson, Jean-Michel Servet and Claus Thomasberger. V
olume 7 of the Critical Perspectives on Historic Issues series.
|Author||CANGIANA & MENDELL|
|Date Published||14 Apr 1997|
|Publisher||Black Rose Books|