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The period of past four decades has been characterized as one of neo-liberalism, financialization, globalization, privatization and de-regulation. Inequality has risen in industrialised countries, labour's share in national income has been in decline and economic growth slowed. The evidence of the damage to the environment from human economic activity, and the dramatic consequences of failure to address climate change have become more apparent and urgent. The global financial crises shocked the complacency of the neo-liberal era, though a decade later it may be doubted how much has changed. The central purpose of this volume is to investigate a range of economic and social policies, which move in the direction of constructing a post-neoliberal world. These range over alternative forms of ownership (public, co-operative), policies to address and reverse economic and social inequalities, responses to the forces of globalization, re-constituting the financial system and its roles, and the nature of employment.
List of contents
1. Financial Stability: Still Unsettled for the Future.- 2. The Future of Capitalism in a Post-Neoliberal World.- 3. Moving People in a Post-Neoliberal Era.- 4. Productivity Slowdown and Inequality: Killing two Birds with One Stone!.- 5. Environmental Policies to Save the Planet.- 6. Public Ownership in the Pursuit of Economic Democracy in a Post Neoliberal Order.- 7. Welfare as Freedom, the Human Economy, and Varieties of Capitalist State.- 8. Employment and Wage Policies in a Post- Neoliberal World.
About the author
Philip Arestis is Professor and Director of Research at the Cambridge Centre for Economics and Public Policy, Department of Land Economy, University of Cambridge, UK, and Professor at the Department of Applied Economics, University of the Basque Country, Spain. He is also Adjunct Professor, University of Utah, USA, and Research Associate, Levy Economics Institute, New York, USA. He has published as sole author or editor, as well as co-author and co-editor, a number of books, contributed in the form of invited chapters to numerous books, produced research reports for research institutes, and has published widely in academic journals.
Malcolm Sawyer is Emeritus Professor of Economics, Leeds University Business School, University of Leeds, UK. He was the principal investigator for the European Union funded (8 million euros) five year research project Financialisation, Economy, Society and Sustainable Development, involving 15 partner institutions across Europe and more widely. He was the managing editor of the International Review of Applied Economics for over three decades. He has published widely in books, co-edited books, chapters and research papers in heterodox and ecological macroeconomics, fiscal and monetary policy, financialisation, and industrial policy.
