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Produktbild: Flexicurity Capitalism

Flexicurity Capitalism Foundations, Problems, and Perspectives

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Beschreibung

Produktdetails

Einband

Gebundene Ausgabe

Erscheinungsdatum

11.04.2012

Abbildungen

23 black and white illustrations

Verlag

Oxford University Press

Seitenzahl

240

Maße (L/B/H)

24/16,1/1,9 cm

Gewicht

476 g

Sprache

Englisch

ISBN

978-0-19-975158-7

Beschreibung

Produktdetails

Einband

Gebundene Ausgabe

Erscheinungsdatum

11.04.2012

Abbildungen

23 black and white illustrations

Verlag

Oxford University Press

Seitenzahl

240

Maße (L/B/H)

24/16,1/1,9 cm

Gewicht

476 g

Sprache

Englisch

ISBN

978-0-19-975158-7

Herstelleradresse

Libri GmbH
Europaallee 1
36244 Bad Hersfeld
DE

Email: gpsr@libri.de

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  • Produktbild: Flexicurity Capitalism

    • Notation

    • Introduction

    • 1 Marx: Socially Acceptable Capitalism?

    • 1.1 Introduction

    • 1.2 Theminimum wage debate

    • 1.3 Sustainable social evolution through an unrestricted reserve army mechanism?

    • 1.4 Classical growth dynamics

    • 1.5 Hiring and firing, social security and restricted reserve army fluctuations

    • 1.5.1 Human rights: Basic income and minimum wages

    • 1.5.2 Capital's and labor's responsibility: Minimum wages and basic income

    • needs

    • 1.5.3 Capital's and labor's responsibility: Upper bounds for real wage increases

    • 1.5.4 Automatic stabilizers: Blanchard and Katz error correction terms

    • 1.6 Conclusions

    • Appendix: Wage dynamics. A specific theoretical foundation

    • 2 Kalecki: Full Employment Welfare Capitalism?

    • 2.1 Introduction

    • 2.2 Economic and political aspects of full employment

    • 2.3 Themodel

    • 2.4 The implied laws ofmotion

    • 2.4.1 The DADmodule: multiplier and employment dynamics

    • 2.4.2 The DAS module: real wage dynamic and capital accumulation

    • 2.5 Steady state configurations and reduced-form3D dynamics

    • 2.5.1 Balanced growth in the 4D dynamics

    • 2.5.2 Reduced-form3D dynamics

    • 2.6 Feedback structures

    • 2.6.1 Feedback channels in KMGS growth

    • 2.6.2 The feedback structure of the KGR model of capital accumulation

    • and employment dynamics

    • 2.6.3 A feedback-suggested local stability scenario

    • 2.6.4 Consensus-based economies: Attraction towards accepted steady

    • state positions

    • 2.7 Local instability and global boundedness

    • 2.7.1 Conflict-driven economies: Repelling steady state configurations

    • 2.7.2 Kalecki-type upper turning points

    • 2.7.3 Goodwin-type upper turning points?

    • 2.7.4 Rose-type lower turning points

    • 2.7.5 Goodwin-type lower turning points?

    • 2.8 Numerical examples

    • 2.9 Political aspects of the Kaleckian investment and employment cycle

    • 2.9.1 Monetary policy

    • 2.9.2 Fiscal policy

    • 2.10 Conclusions

    • 3 Schumpeter: Capitalism, Flexicurity and Democracy?

    • 3.1 Introduction

    • 3.2 From Marxian reserve army to Schumpeter's competitive socialism and beyond

    • 3.3 Flexicurity capitalism: budget equations, consumption and investment

    • 3.3.1 Full-employment capitalism: Ideal, status-quo and compromises

    • 3.3.2 Basic principles and problems

    • 3.3.3 Sectoral accounts, consumption and investment

    • 3.4 Dynamics: Stability and sustainability issues

    • 3.4.1 Stability of balanced reproduction

    • 3.4.2 Sustainability of balanced reproduction

    • 3.5 Pension funds and credit

    • 3.6 Education and schooling

    • 3.6.1 The educational system: Basic structure and implications

    • 3.6.2 Equal opportunities and life-long learning

    • 3.7 Challenge I: Keynesian business fluctuations

    • 3.8 Challenge II: Schumpeterian processes of 'creative destruction'

    • 3.9 The future of capitalism: A brief appraisal

    • 3.10 Elites in flexicurity societies

    • 3.10.1 Basic aspects

    • 3.10.2 Elite groups and areas of operation

    • 3.10.3 Education: Foundation for administrative authority and social behavior

    • 3.10.4 Career advancement and decent paths

    • 3.10.5 Preferences, incentives and responsibilities

    • 3.10.6 Elite failures

    • 3.10.7 The remuneration of elites under flexicurity: A baseline proposal

    • 3.10.8 A summing up

    • 3.11 Price formation: Time dependent markup pricing around long-period prices

    • of production

    • 3.12 Conclusions and outlook

    • Appendix 1: Stability of Balanced Reproduction

    • Appendix 2: Sustainability of Balanced Reproduction

    • 4 Unleashed Capitalism: The Starting Point for Societal Reform

    • 4.1 Introduction

    • 4.2 Real disequilibria, balanced portfolios and the real-financial markets interaction

    • 4.3 A portfolio approach to KMG growth dynamics

    • 4.3.1 Households

    • 4.3.2 Firms

    • 4.3.3 Fiscal and monetary authorities

    • 4.3.4 The wage-price spiral

    • 4.3.5 Capital markets: Gross substitutes and stability

    • 4.3.6 Cumulative processes in capital gains expectations: Chartists' behavior251

    • 4.4 A baseline stability scenario

    • 4.5 Likely outcomes of unleashed capitalism: Local instability and regime-switch

    • induced viability

    • 4.6 A further risk-bearing asset: Long-termbonds

    • 4.6.1 Intensive form

    • 4.6.2 Steady state

    • 4.6.3 Comparative statics

    • 4.6.4 Stability

    • 4.6.5 Summary

    • 4.7 Interest rate policy in the KMG portfolio approach

    • 4.8 Conclusion

    • 5 Conclusions

    • Mathematical Appendix: Stability Theorems

    • Notes

    • References

    • Index