From Capitalist Inefficiency to Economic Democracy
By (author) Costas Panayotakis
Checking price & availability...
Remaking Scarcity by Costas Panayotakis
The dominant schools of neoclassical and neoliberal economics tell us that material scarcity is an inevitable product of an insatiable human nature. Against this, Costas Panayotakis argues that scarcity is in fact a result of the social and economic processes of the capitalist system. The overriding importance of the logic of capital accumulation accounts for the fact that capitalism is not able to make a rational use of scarce resources and the productive potential at the disposal of human society. Instead, capitalism produces grotesque inequalities and unnecessary human suffering, a toxic consumerist culture that fails to satisfy, and a deepening ecological crisis. Remaking Scarcity is a powerful challenge to the current economic orthodoxy. It asserts the core principle of economic democracy, that all human beings should have an equal say over the priorities of the economic system, as the ultimate solution to scarcity and ecological crisis.
This book combines theoretical boldness and the determination to extend Marxian theory. It deserves to be read as another impressive product of the global rethinkings of Marxism now engaged in building a Marxism for the twenty-first century. -- Richard D. Wolff, Professor of Economics Emeritus, University of Massachusetts, Amherst Capitalist-produced scarcity proves to be an extraordinarily enlightening vantage point from which to analyse both capitalism and its socialist alternatives. Panayotakis's book provides an extremely scholarly, insightful and well-argued contribution - with ecology and feminism given the attention often denied them - to this crucially important literature. Highly Recommended! -- Bertell Ollman, Department of Politics, New York University, author of Dance of the Dialectic: Marx's Method and other works Extremely timely ... Panayotakis develops a critical approach to an issue that is central to neo-classical economics but rarely the subject of critical analysis. -- Molly Scott Cato, Reader in Green Economics, Cardiff University An excellent contribution to attempts to think beyond the current crisis of capitalism. -- Dr Benjamin Selwyn, Senior Lecturer in International Relations, University of SussexISBN: 9780745331003
Classification: Economic theory & philosophy , Political economy
Format: Hardback (215mm x 135mm x 20mm)
Imprint: Pluto Press
Publisher: Pluto Press
Publish Date: 1-Sep-2011
Country of Publication: United Kingdom
Comment on Remaking Scarcity by Costas Panayotakis
Pillars of Prosperity by Timothy Besley
To achieve peace, the authors stress the avoidance of repressive government and civil conflict. They show that countries tend to enjoy all three pillars of prosperity when they have evolved cohesive political institutions that promote common interests, guaranteeing the provision of public goods.
Keynes Hayek by Nicholas Wapshott
Can government fix a broken economy? Two great economists disagreed eighty years ago, and their debate dominates politics to this day.
In the Shadow of Adam Smith by Donald Rutherford
A large number of Scottish writers in economics are discussed according to a thematic approach. The distinctive Scottish contribution to the clash between natural liberty and socialist ideas is set out.
Information Choice in Macroeconomics and Finance by Laura L. Veldkamp» View more books like these...
Illustrates how information choice is used to answer questions in monetary economics, portfolio choice theory, business cycle theory, international finance, asset pricing, and other areas. This book covers work on topics such as rational inattention, information markets, and strategic games with heterogeneous information.
Remaking Scarcity, Paperback (September 2011)» View all books by Costas Panayotakis
Powerful challenge to the current neoliberal economic orthodoxy. Asserts that economic democracy should be the new guiding principle for humanity.
» Have you read this book? We'd like to know what you think about it - write a review and you'll earn Boomerang Bucks loyalty dollars!
Costas Panayotakis teaches Sociology at New York City College of Technology. He has published on political economy, ecology and social movements and has been interviewed by numerous radio and TV programmes in the United States and abroad. He is the Book Review editor of the international journal Capitalism Nature Socialism.
Phone: 1300 36 33 32 (9am-5pm Mon-Fri AEST) - International: +61 2 8208 6044 - Online Form
© 2003-2013. All Rights Reserved. Eclipse Commerce Pty Ltd - ACN: 122 110 687 - ABN: 49 122 110 687
For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.