Toward a Truly Free Market PDF Download

Author: John Medaille
Publisher: Simon and Schuster
ISBN: 1684516889
Category : Business & Economics
Languages : en
Pages : 176

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Book Description
Taking "free markets" from rhetoric to reality For three decades free-market leaders have tried to reverse longstanding Keynesian economic policies, but have only produced larger government, greater debt, and more centralized economic power. So how can we achieve a truly free-market system, especially at this historical moment when capitalism seems to be in crisis? The answer, says John C. Medaille, is to stop pretending that economics is something on the order of the physical sciences; it must be a humane science, taking into account crucial social contexts. Toward a Truly Free Market argues that any attempt to divorce economic equilibrium from economic equity will lead to an unbalanced economy—one that falls either to ruin or to ruinous government attempts to redress the balance. Medaille makes a refreshingly clear case for the economic theory—and practice—known as distributism. Unlike many of his fellow distributists, who argue primarily from moral terms, Medaille enters the economic debate on purely economic terms. Toward a Truly Free Market shows exactly how to end the bailouts, reduce government budgets, reform the tax code, fix the health-care system, and much more.

Author: John C. Médaille
Publisher:
ISBN: 9781610171281
Category : Capitalism
Languages : en
Pages : 288

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Book Description
For three decades free-market leaders have tried to reverse longstanding Keynesian economic policies, but have only produced larger government, greater debt, and more centralized economic power. So how can we achieve a truly free-market system, especially at this historical moment when capitalism seems to be in crisis? The answer, says John C. Medaille, is to stop pretending that economics is something on the order of the physical sciences; it must be a humane science, taking into account crucial social contexts. Toward a Truly Free Market argues that any attempt to divorce economic equilibrium from economic equity will lead to an unbalanced economy--one that falls either to ruin or to ruinous government attempts to redress the balance. Medaille makes a refreshingly clear case for the economic theory--and practice--known as distributism. Unlike many of his fellow distributists, who argue primarily from moral terms, Medaille enters the economic debate on purely economic terms. Toward a Truly Free Market shows exactly how to end the bailouts, reduce government budgets, reform the tax code, fix the health-care system, and much more.--Book jacket.

Author: Jacob Soll
Publisher: Basic Books
ISBN: 1541620232
Category : Business & Economics
Languages : en
Pages : 281

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Book Description
From a MacArthur “Genius,” an intellectual history of the free market, from ancient Rome to the twenty-first century After two government bailouts of the US economy in less than twenty years, free market ideology is due for serious reappraisal. In Free Market, Jacob Soll details how we got to this current crisis, and how we can find our way out by looking to earlier iterations of free market thought. Contrary to popular narratives, early market theorists believed that states had an important role in building and maintaining free markets. But in the eighteenth century, thinkers insisted on free markets without state intervention, leading to a tradition of ideological brittleness. That tradition only calcified in the centuries that followed. Tracing the intellectual evolution of the free market from Cicero to Milton Friedman, Soll argues that we need to go back to the origins of free market ideology in order to truly understand it—and to develop new economic concepts to face today’s challenges.

Author: Marcellus Andrews
Publisher: Taylor & Francis
ISBN: 1315390973
Category : Business & Economics
Languages : en
Pages : 106

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Book Description
Free market capitalism has created a divided American society. Conservative economic and social policy thinking drove the Right’s Project from 1980 to its collapse in 2008, leaving the world in ruins and fascism on the march. The Vision of a Real Free Market Society challenges the Left to create new forms of the market economy that promote efficiency and equality while permanently thwarting concentrated power. Many recent commentators have offered policy recommendations based on existing economic institutions. By contrast, this book calls for root-and-branch changes to the inherent structure of American capitalism. The Vision of a Real Free Market Society: Re-Imagining American Freedom presents a Left-egalitarian case for limited government that overcomes the failures of conservatism while rescuing economic justice from the weaknesses of tax and transfer liberalism. The book explains why the system fails so many Americans in so many different ways, and outlines how we can build a better economy that simultaneously promotes freedom and social justice while crippling the powers of America’s oligarchs. Exploring the idea of a left-wing case for strong but small government, the book makes the case for fundamental reforms that will lead to a truly free and fair society. This provocative book will be of great relevance to anyone with an interest in politics, philosophy or economics, and will challenge readers to rethink their assumptions concerning the prospects for combining justice with fairness in the modern world.

Author: Mark Anthony Martinez
Publisher: Kumarian Press
ISBN: 1565492676
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
* Explains how the 2008 financial meltdown came about and how to revitalize global and domestic economies * Shows how capitalist economies developed and why the state matters in their functioning Free market purists claim that the state is an inefficient institution that does little for society beyond providing stability and protection. The activities related to distributing resources and economic growth, they say, are better left to the invisible hand of the marketplace. These notions now seem tragically misguided in the wake of the 2008 market collapse and bailout. Mark Martinez describes how the flawed myth of the "invisible hand" distorted our understanding of how modern capitalist markets developed and actually work. Martinez draws from history to illustrate that political processes and the state are not only instrumental in making capitalist markets work but that there would be no capitalist markets or wealth creation without state intervention. He brings his story up to the present day to show how the seeds of an unprecedented government intervention in the financial markets were sown in past actions. The Myth of the Free Market is a fascinating and accessible introduction to comparative economic systems as well as an incisive refutation of the standard mantras of neoclassical free market economic theory.

Author: Adam Smith
Publisher: Penguin
ISBN: 9780140432084
Category : Business & Economics
Languages : en
Pages : 582

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Book Description
The classic economic treatise that insipired Thomas Piketty's Capital in the Twenty-First Century The publication of The Wealth of Nations in 1776 coincided with America's Declaration of Independence, and with this landmark treatise on political economy, Adam Smith paved the way for modern capitalism, arguing that a truly free market - fired by competition yet guided as if by an 'invisible hand' to ensure justice and equality - was the engine of a fair and productive society. Books I - III of The Wealth of Nations examine the 'division of labour' as the key to economic growth, by ensuring the interdependence of individuals within society. They also cover the origins of money and the importance of wages, profit, rent and stocks, but the real sophistication of his analysis derives from the fact that it encompasses a combination of ethics, philosophy and history to create a vast panorama of society. This edition contains an analytical introduction offering an in-depth discussion of Smith as an economist and social scientist, as well as a preface, further reading and explanatory notes by Andrew Skinner. For more than seventy years, Penguin has been the leading publisher of classic literature in the English-speaking world. With more than 1,700 titles, Penguin Classics represents a global bookshelf of the best works throughout history and across genres and disciplines. Readers trust the series to provide authoritative texts and notes by distinguished scholars and contemporary authors, as well as up-to-date translations by award-winning translators.

Author: Jon D. Schaff
Publisher: Southern Illinois University Press
ISBN: 0809337371
Category : Political Science
Languages : en
Pages : 279

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Book Description
This bold, groundbreaking study of American political development assesses the presidency of Abraham Lincoln through the lenses of governmental power, economic policy, expansion of executive power, and natural rights to show how Lincoln not only believed in the limitations of presidential power but also dedicated his presidency to restraining the scope and range of it. Though Lincoln’s presidency is inextricably linked to the Civil War, and he is best known for his defense of the Union and executive wartime leadership, Lincoln believed that Congress should be at the helm of public policy making. Likewise, Lincoln may have embraced limited government in vague terms, but he strongly supported effective rule of law and distribution of income and wealth. Placing the Lincoln presidency within a deeper and more meaningful historical context, Abraham Lincoln’s Statesmanship and the Limits of Liberal Democracy highlights Lincoln’s significance in the development of American power institutions and social movement politics. Using Lincoln’s prepresidential and presidential words and actions, this book argues that decent government demands a balance of competing goods and the strong statesmanship that Lincoln exemplified. Instead of relying too heavily on the will of the people and institutional solutions to help prevent tyranny, Jon D. Schaff proposes that American democracy would be better served by a moderate and prudential statesmanship such as Lincoln’s, which would help limit democratic excesses. Schaff explains how Lincoln’s views on prudence, moderation, natural rights, and economics contain the notion of limits, then views Lincoln’s political and presidential leadership through the same lens. He compares Lincoln’s views on governmental powers with the defense of unlimited government by twentieth-century progressives and shows how Lincoln’s theory of labor anticipated twentieth-century distributist economic thought. Schaff’s unique exploration falls squarely between historians who consider Lincoln a protoprogressive and those who say his presidency was a harbinger of industrialized, corporatized America. In analyzing Lincoln’s approach, Abraham Lincoln’s Statesmanship and the Limits of Liberal Democracy rejects the idea he was a revolutionary statesman and instead lifts up Lincoln’s own affinity for limited presidential power, making the case for a modest approach to presidential power today based on this understanding of Lincoln’s statesmanship. As a counterpoint to the contemporary landscape of bitter, uncivil politics, Schaff points to Lincoln’s statesmanship as a model for better ways of engaging in politics in a democracy.

Author: Elizabeth Newman
Publisher: Wipf and Stock Publishers
ISBN: 1498242693
Category : Education
Languages : en
Pages : 218

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Book Description
It's time to say a good word for the ten o'clock scholar. The recovery of a flourishing academic culture--which is not the same as being a major research center--lies in the recovery of leisure. The heart of this practice is contemplation and Divine worship. It names, furthermore, our lives as being in communion with others, the cosmos, and, ultimately with God. True leisure reconfigures our compartmentalized space and distorted time, allowing us to experience Divine abundance that opens a path to the true restoration of the life of the mind.

Author: John R. Lott
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 296

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Book Description
Challenges the philosophical tenets of "Freakonomics" through case studies that demonstrate the theory that the more costly something is, the less of it people will do, in an economic analysis that covers such topics as price discrimination and corporatescandals.

Author: Katie Kish
Publisher: Routledge
ISBN: 1000765695
Category : Nature
Languages : en
Pages : 204

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Book Description
This book examines the concept of liberty in relation to civilization’s ability to live within ecological limits. Freedom, in all its renditions – choice, thought, action – has become inextricably linked to our understanding of what it means to be modern citizens. And yet, it is our relatively unbounded freedom that has resulted in so much ecological devastation. Liberty has piggy-backed on transformations in human–nature relationships that characterize the Anthropocene: increasing extraction of resources, industrialization, technological development, ecological destruction, and mass production linked to global consumerism. This volume provides a deeply critical examination of the concept of liberty as it relates to environmental politics and ethics in the long view. Contributions explore this entanglement of freedom and the ecological crisis, as well as investigate alternative modernities and more ecologically benign ways of living on Earth. The overarching framework for this collection is that liberty and agency need to be rethought before these strongly held ideals of our age are forced out. On a finite planet, our choices will become limited if we hope to survive the climatic transitions set in motion by uncontrolled consumption of resources and energy over the past 150 years. This volume suggests concrete political and philosophical approaches and governance strategies for learning how to flourish in new ways within the ecological constraints of the planet. Mapping out new ways forward for long-term ecological well-being, this book is essential reading for students and scholars of ecology, environmental ethics, politics, and sociology, and for the wider audience interested in the human–Earth relationship and global sustainability.