Bibliograph

Rethinking capitalism, economics and policy for sustainable and inclusive growth, edited by Michael Jacobs and Mariana Mazzucato

Type

Label

Rethinking capitalism, economics and policy for sustainable and inclusive growth, edited by Michael Jacobs and Mariana Mazzucato

Language

eng

Bibliography note

Includes bibliographical references and index

Illustrations

illustrations

Index

index present

Literary Form

non fiction

Main title

Rethinking capitalism

Nature of contents

bibliography

Oclc number

910538332

Responsibility statement

edited by Michael Jacobs and Mariana Mazzucato

Sub title

economics and policy for sustainable and inclusive growth

Summary

Western capitalism is in crisis. For decades investment has been falling, living standards have stagnated or declined, and inequality has risen dramatically. Economic policy has neither reformed the financial system nor restored stable growth. Climate change meanwhile poses increasing risks to future prosperity. In this book some of the world’s leading economists propose new ways of thinking about capitalism. In clear and compelling prose, each chapter shows how today’s deep economic problems reflect the inadequacies of orthodox economic theory and the failure of policies informed by it. The chapters examine a range of contemporary economic issues, including fiscal and monetary policy, financial markets and business behaviour, inequality and privatisation, and innovation and environmental change. The authors set out alternative economic approaches which better explain how capitalism works, why it often doesn’t, and how it can be made more innovative, inclusive and sustainable. Outlining a series of far-reaching policy reforms, Rethinking Capitalism offers a powerful challenge to mainstream economic debate, and new ideas to transform it. --, Provided by publisher

Table Of Contents

Rethinking capitalism : an introduction / Michael Jacobs and Mariana Mazzucato -- The failure of austerity : rethinking fiscal policy / Stephanie Kelton -- Understanding money and macroeconomic policy / L. Randall Wray and Yeva Nersisyan -- The costs of short-termism / Andrew G. Haldane -- Innovative enterprise and the theory of the firm / William Lazonick -- Innovation, the state and patient capital / Marian Mazzucato -- Investment-led growth : a solution to the European crisis / Stephany Griffith-Jones and Giovanni Cozzi -- Inequality and economic growth / Joseph E. Stiglitz -- The paradoxes of privatisation and public service outsourcing / Colin Crouch -- Decarbonisation : innovation and the economics of climate change / Dimitri Zenghelis -- Capitalism, technology and a green global golden age : the role of history in helping to shape the future / Carlota Perez

Classification