Routledge Frontiers of Political Economy
About the Book Series
In recent years, there has been widespread criticism of mainstream economics. This has taken many forms, from methodological critiques of its excessive formalism, to concern about its failure to connect with many of the most pressing social issues. This series provides a forum for research which is developing alternative forms of economic analysis. Reclaiming the traditional 'political economy' title, it refrains from emphasising any single school of thought, but instead attempts to foster greater diversity within economics.
Varieties of Alternative Economic Systems: Practical Utopias for an Age of Global Crisis and Austerity
1st Edition
Edited
By Richard Westra, Robert Albritton, Seongjin Jeong
August 08, 2019
In this age of overlapping and mutually reinforcing deep global crises (financial convulsions, global warming, mass migrations, militarism, inequality, selfish nation-states, etc.), there needs to be more realistic dialogue about radical alternatives to the status quo. Most literature produced ...
Economics and Power: A Marxist Critique
1st Edition
By Giulio Palermo
July 29, 2019
In the economic debate, power is defined and studied mainly as an interpersonal relation occurring out of perfect competition. This is a consequence of the combination of methodological individualism and the assumption of competition as a natural and everlasting coordinating mechanism, operating ...
Money as a Social Institution: The Institutional Development of Capitalism
1st Edition
By Ann Davis
April 18, 2019
Money is usually understood as a valuable object, the value of which is attributed to it by its users and which other users recognize. It serves to link disparate institutions, providing a disguised whole and prime tool for the “invisible hand” of the market. This book offers an interpretation of ...
Heterodox Islamic Economics: The emergence of an ethico-economic theory
1st Edition
By Masudul Alam Choudhury, Ishaq Bhatti
January 07, 2019
The fields of morality and ethics have been left out significantly from socio-scientific study in general and in economics and finance in particular. Yet this book argues that in this age of post-modernist analytical inquiry, the study of morality and ethics is an epistemological requirement. This ...
The Social Construction of Rationality: Policy Debates and the Power of Good Reasons
1st Edition
By Onno Bouwmeester
October 18, 2018
There are many different forms of rationality. In current economic discourse the main focus is on instrumental rationality and optimizing, while organization scholars, behavioural economists and policy scientists focus more on bounded rationality and satisficing. The interplay with value ...
Of Synthetic Finance: Three Essays of Speculative Materialism
1st Edition
By Benjamin Lozano
September 18, 2018
Synthetic finance revolutionizes materialism such that we can now create wealth in the process of universally distributing it. While financial innovation in global capitalism provided the conditions for the 2008 financial crisis, it has also engineered a set of financial technologies with universal...
Capitalism and the Political Economy of Work Time
1st Edition
By Christoph Hermann
August 23, 2018
John Maynard Keynes expected that around the year 2030 people would only work 15 hours a week. In the mid-1960s, Jean Fourastié still anticipated the introduction of the 30-hour week in the year 2000, when productivity would continue to grow at an established pace. Productivity growth slowed down ...
New Financial Ethics: A Normative Approach
1st Edition
By Aloy Soppe
August 14, 2018
Following the internationalisation, globalisation and deregulation of the financial market over the last few decades, the financial sector has evolved from a servicing industry into an initiating and leading sector in the international industrialised economy. The power of the financial sector, ...
The Responsible Economy
1st Edition
By Jefferson Frank
August 09, 2018
After the ‘financial crisis’ and ‘Great Recession’, some have called for replacing standard economic theory by heterodox models based upon behavioural approaches. The Responsible Economy argues that there is nothing wrong with economic theory. Instead, the problem has been a ‘devil’s pact’ of ...
Income Distribution and Environmental Sustainability: A Sraffian Approach
1st Edition
By Robin Hahnel
July 27, 2018
Any economics that does not deal forthrightly with economic inequality is no longer suitable for the twenty-first century. Similarly, any economics which does not provide a coherent way to integrate environmental sustainability into economic analysis will fail to command allegiance in the century ...
Inequality in Financial Capitalism
1st Edition
By Pasquale Tridico
July 27, 2018
Recently, the issue of inequality has regained attention in the economic and political debate. This is due to both an increase in income inequality, in particular among rich countries, and an increasing interest in this issue by researchers and politicians. In the last three decades, income ...
A New Economics for Modern Dynamic Economies: Innovation, uncertainty and entrepreneurship
1st Edition
By Angelo Fusari
July 24, 2018
It is becoming increasingly clear that a new economics is required for investigating modern dynamic economies and the coming social world. Important features of those economies, such as innovation, uncertainty and entrepreneurship, are usually considered capitalist features. This may have been true...