Institutions, the humanly devised constraints of economic activity, are outcomes of elite agency. Leveraging ideas from economics, sociology, politics, and strategic management, this book proposes an ‘elite theory of economic development’. The overarching goal is to foster sustainable value...

In the classical economists' surplus approach retrieved by Sraffa (1951; 1960) and Garegnani ([1960] 2024), institutions regulate the material basis of society and, in particular, the extraction and distribution of the social surplus. In this regard, classical theory provides a material anchor,...

There is a prevailing belief that international law can be harnessed to prevent international problems. However, international law is an intrinsic part of the current state of the capitalist world system. This issue is often overlooked in the dominant discourse. Yet, the international law,...

"The capitalist system has often been described by its critics as a heartless economic structure corroding social bonds and symbolic values. Its defenders and analysts likewise use narratives that position emotions as central to the economy. This book enquires into the history of these framings....

Nicht nur Extremwetterereignisse der letzten Monate verdeutlichen, dass der menschengemachte Klimawandel mehr und mehr zum Handeln drängt. Der Komplex Klima und nachhaltige Wirtschaftspolitik ist daher ein wichtiges Thema im Unterricht: Hier können Forschungsergebnisse der Klimawissenschaft...

Notwithstanding its ruthless dynamics, the capitalist economy has the flaw of deficient employment-generating spending. This leads to unemployment of non-owners, individual suffering, social unrest and it undermines military strength. To deal with these issues, states use prosthetic policies,...

This study investigates the relationship between Institutional quality, Economic freedom, technological advancement, and Islamic financial development in selected OIC countries. This study employs the panel estimation method to examine annual data pertaining to Islamic bank industries across 22...

Interest in socialism is growing throughout the world. But "socialism" too often simply means belief in equality, democracy, and solidarity with working and oppressed people. That vision remains crucial; but we also need to re-develop the theory of a socialist system -not just a middle path, a...

Purpose - Regulating and guiding the sound development of capital under a socialist system is not only a significant theoretical innovation rooted in Chinese practice by the Communist Party of China (CPC) but also a major practical exploration for the smooth progression of the party and the...

This article examines the case of South Korea, in which the external private debt management leveraged the symbiosis of the authoritarian regime and the neoliberal policies in a less-developed country. In the pursuit of post-war growthamship, against the meddling of allies with official loans,...

In diesem Policy Paper wird ein Paradigmenwechsel von "Wohlstand für alle" hin zu "Resilienz für alle" gefordert, um die Soziale Marktwirtschaft angesichts tiefgreifender globaler Umwälzungen zukunftsfähig zu machen. Resilienz versteht der Autor als die Fähigkeit zur Anpassung an Krisen und...

Unter Bioökonomie versteht man eine Wirtschaftsform, die ein nachhaltiges Modell des Wirtschaftens verfolgt, das auf der effizienten Nutzung biologischer Ressourcen wie Pflanzen, Tieren und Mikroorganismen basiert. Aus ethischer Sicht wird die Bioökonomie einerseits als neues Konzept...

1. Prologue: A False Conception of Politeia -- 2. Society as a Rational Choice -- 3. The returns on the social contract -- 4. The returns on the social contract -- 5. The economy and society -- 6. On the conception of Liberty -- 7. On the conception of Liberty -- 8. A Brief note on the Organic...

"The study of economic development is inherently grounded in philosophical and ethical assumptions. In other words, to discuss economic development either at a conceptual level or as a real process necessitates an ethical and philosophical basis. The authors of this book believe that Islamic...

"This book offers insights and guidance on how to improve Islamic business operations, affairs and activities in achieving effectiveness and efficiency in Islamic financial institutions and Islamic organizations"-- Provided by publisher.

Seit Jahren wird versprochen, die Klimakrise mit CO2-Preisen, Effizienzsteigerungen und grünem Wachstum zu lösen. Doch während Emissionen bepreist werden, steigen sie weiter; während erneuerbare Energien ausgebaut werden, wächst der Rohstoffverbrauch. Dieses Buch nimmt diese Widersprüche...

"In order to fully understand the evolution and future growth of economic systems, we must draw on the lessons of economic history. Historical analysis is crucial to understanding trends and patterns that can help us predict the future. The Evolution of Economic Ideas and Systems continues to...

Introduction -- Economic Systems and Human Development Before Capitalism -- Early Economic History: The Formation of the First World Economy -- How the World Changed: Britain, the Low Countries, and the Industrial Revolution., Chapter -- The First Era of Capitalism (1870–1919) -- The Battle of...

Purpose - The socialist political economy with Chinese characteristics is a systematic economic discipline, which theoretically summarises the socialist economic system and the path of economic development with Chinese characteristics. It is a systematic economic theory of adapting Marxism to...

Purpose - This paper aims to determine the status of the socialist market economy through a logical analysis of the evolution of economic systems in human society. Design/methodology/approach - This paper presents an analysis of uncertainty and the functions performed by different economic...