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,...

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,...

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...

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 dem vorliegenden Beitrag fassen wir die ökonomische Theorie von Media Bias und Misinformation zusammen und übertragen sie in das digitale Medienzeitalter. Dabei arbeiten wir heraus, inwieweit sich die theoretischen Wirkungsketten durch die Besonderheiten digitaler Informationsmärkte...

In dem vorliegenden Beitrag fassen wir die ökonomische Theorie von Media Bias und Misinformation zusammen und übertragen sie in das digitale Medienzeitalter. Dabei arbeiten wir heraus, inwieweit sich die theoretischen Wirkungsketten durch die Besonderheiten digitaler Informationsmärkte...

"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....

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,...

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...

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...

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...

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,...

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...

"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...

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...

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...

Abstract: Capitalism is no more, Capitalism ($360 trillions) shall be ruined by Human Resource Economic System($932trillions) nearby, Mankind shall be removed the black spot of Poverty, & inequality on face of civilisation. To understand present Economic System, codification of four basic...

Drawing from neo-Gramscian theory, the paper explores how urban austerity governance mediates crises of neoliberal hegemony. Focusing on the decade after the Global Economic Crisis of 2008–2009, it compares four European cities disclosing five intersecting characteristics of urban political...

Several disciplines in social sciences have shown that institutions that promote cooperation facilitate mutually beneficial exchanges and generate prosperity. Drawing on these insights, this paper develops a Reservation Economic Freedom Index that classifies institutions on a sample of Indian...

In The Road to Serfdom F. A. Hayek set out the danger posed to freedom by attempts to apply the principles of wartime economic and social planning to the problems of peacetime. Hayek argued that the rise of Nazism was not due to any character failure on the part of the German people, but was a...