TUM Library

"The Routledge Handbook of Heterodox Economics presents a comprehensive overview of the latest work on economic theory and policy from a 'pluralistic' heterodox perspective. Contributions throughout the Handbook explore different theoretical perspectives including: Marxian-radical political economics; Post Keynesian-Sraffian economics; institutionalist-evolutionary economics; feminist economics; social economics; Régulation theory; the Social Structure of Accumulation approach; and ecological economics. They explain the structural properties and dynamics of capitalism, as well as propose economic and social policies for the benefit of the majority of the population. This book aims, firstly, to provide realistic and coherent theoretical frameworks to understand the capitalist economy in a constructive and forward-looking manner. Secondly, it delineates the future directions, as well as the current state, of heterodox economics, and then provides both 'heat and light' on controversial issues, drawing out the commonalities and differences among different heterodox economic approaches. The volume also envisions transformative economic and social policies for the majority of the population and explains why economics is, and should be treated as, a social science. This Handbook will be of compelling interest to those, including students, who wish to learn about alternative economic theories and policies that are rarely found in conventional economics textbooks or discussed in the mainstream media, and to critical economists and other social scientists who are concerned with analyzing pressing socio-economic issues."--Provided by publisher.

Cover; Title; Copyright; Contents; List of figures; List of tables; Notes on contributors; PART I Introduction; 1 The state of the art and challenges for heterodox economics ; PART II The theoretical cores of heterodox economics ; 2 Social provisioning process: a heterodox view of the economy ; 3 The social surplus approach: historical origins and present state ; 4 Accumulation regimes ; 5 Monetary theories of production ; 6 The principle of effective demand: Marx, Kalecki, Keynes, and beyond; 7 Heterodox theories of value: a brief history.

8 Theories of prices and alternative economic paradigms9 Heterodox theories of distribution ; 10 The micro-macro link in heterodox economics ; PART III The anatomy of capitalism; 11 Society and its institutions; 12 Heterodox economics and theories of interactive agency; 13 Households in heterodox economic theory ; 14 A heterodox theory of the business enterprise; 15 Heterodox theories of business competition and market governance ; 16 A Marxian understanding of the nature and form of dominant capitalist legal institutions ; 17 Money and monetary regimes ; 18 Banks in developing countries.

19 Shadow banking 20 The informal economy in theory and policy: prospects for well-being ; 21 Inequality and poverty; PART IV The dynamics of capitalist socio-economic structure ; 22 The accumulation of capital: an analytical and historical overview ; 23 A heterodox reconstruction of trade theory; 24 Analyzing the organization of global production: thoughts from the periphery ; 25 Labor processes and outcomes: an institutional-heterodox framework ; 26 Heterodox theories of the business cycle ; 27 Heterodox theories of economic growth ; 28 Financialization and the crises of capitalism.

29 Theories of international development: the Post Keynesian and Marxian alternatives 30 Energy, environment, and the economy ; PART V Transforming the capitalist social provisioning process; 31 An exit strategy from capitalism's ecological crisis ; 32 Restructuring financial systems with human advancement in mind ; 33 Rethinking the role of the state; 34 The twenty-first century capitalist revolution: how the governance of large firms shapes prosperity and inequality ; 35 Achieving full employment: history, theory, and policy ; 36 Social welfare and social control; PART VI Conclusion.

OCLC-licensed vendor bibliographic record.