‘Commerce and manufactures gradually introduced order and good government,’ wrote Adam Smith in his Wealth of Nations, ‘and with them, the liberty and security of individuals.’ However, Philipp Rössner shows how, when looked at in the face of history, it has usually been the other way around.
This book follows the development of capitalism from the Middle Ages through the industrial revolution to modern day, casting new light on the areas where pre-modern political economies of growth and development made a difference. It shows how order and governance provided the foundation for prosperity, growth and the wealth of nations.
Written for scholars and students of economic history, this is a pioneering new study that debunks the neoliberal origin myth of how capitalism came into the world.
‘industry’, as though it were a branch of economic activity that generated real or tangible added value. Another was the somewhat counterintuitive assumption of agriculture being equally productive as industry in terms of adding to the wealth of nations. Manufacturing and industry lend themselves to economies of scale, especially when employing technology, innovation and division of labour (average costs progressively decline when the scale of business and operations are extended), which is not the case with agriculture and most primary (and service sector) production
A tale of two models: the Wealth of Nations reconsidered ‘[C]ommerce and manufactures gradually introduced order and good government’, wrote Adam Smith in what eventually became an intellectual building block of economic modernity, An Inquiry into the Nature and Causes of the Wealth of Nations (1776, Book III, Chapter 4 ), ‘and with them, the liberty and security of individuals, among the inhabitants of the country, who had before lived almost in a continual state of war with their neighbours, and of servile dependency upon their superiors’. 1 This
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Made famous by the Enlightenment thinker Adam Smith, the concept of an ‘invisible hand’ might be taken to imply that a government that governs least governs the best, from the viewpoint of society. Here an invisible hand appears to represent unfettered market forces.
Drawing from this much-contested notion, Mittermaier indicates why such a view represents only one side of the story and distinguishes between what he calls pragmatic and dogmatic free marketeers.
Published posthumously, with new contributions by Daniel Klein, Rod O’Donnell and Christopher Torr, this book outlines Mittermaier’s main thesis and his relevance for ongoing debates within economics, politics, sociology and philosophy.
The development of social policy in Europe is explored in this accessible intellectual history and analysis of the welfare state.
From the Industrial Revolution onwards, the book identifies three important concepts behind efforts to address social concerns in Europe: social democracy, Christian democracy and liberalism. With guides to the political and ideological protagonists and the beliefs and values that lie behind reforms, it traces the progress and legacies of each of the three traditions.
For academics and students across social policy and the political economy, this is an illuminating new perspective on the welfare state through the last two centuries.
Do you know where your money is? More importantly, do you know what your money is doing?
Most of us feel confident that we know what money is. But few of us feel confident in taking responsibility for what our money does. We hand over the power of money to banks and mainstream finance with real, often damaging, consequences for people and planet.
A unique collaboration between an academic and a practitioner, this book tells the story of money, from ancient Athens to the Bitcoin revolution, to explain how crowdfunding is the way for people to reclaim the power of their money in pursuit of a fairer and greener society.
This ambitious collection follows the evolution of capitalism from its origins in 13th-century European towns to its 16th-century expansion into Asia, Africa and South America and on to the global capitalism of modern day.
Written by distinguished historians and social scientists, the chapters examine capitalism and its critics and the level of variation and convergence in its operation across locations. The authors illuminate the aspects of capitalism that have encouraged, but also limited, social responsibility and environmental sustainability.
Covering times, places and topics that have often been overlooked in the existing literature, this important contribution to the field of economic history charts the most comprehensive chronology of capitalism to date.
In this distinctive introduction Stephen Sinclair illuminates the subject of Social Policy by showing readers how Social Policy analysts think about welfare issues and policies.
From what influences the decision to have children to how everyday terms such as ‘youth crime’ or ‘poverty’ reveal the structural processes shaping society, the book illustrates the insights which Social Policy analysis offers to understanding the social world and its problems.
Written by an academic with extensive experience of teaching Social Policy analysis to new audiences, the book provides a stimulating introduction to the study of the factors and polices shaping wellbeing. Each chapter includes boxed summaries, applied examples illustrating key issues, and bullet points clarifying key concepts and theories.
Child poverty is currently regarded by many as the ‘number one’ issue in Britain. Yet it has not always been so high on the policy agenda. What were attitudes to poor children 200 years ago? How did child poverty emerge as both a quantifiable and urgent issue? And how did policy makers respond? These are the questions that this book tackles.
· presents a broad but sophisticated overview of 200 years of investigation into and responses to the plight of poor children;
· identifies key moments and figures of the period;
· includes chapters on children and work, education and child poverty research to provide the essential context for the story of the ‘discovery’ of child poverty.
Clearly and accessibly written, this book provides a concise but richly detailed account of the subject. It will appeal to policy makers, practitioners, researchers and all those with an interest in child poverty wishing to understand the antecedents of current research and policy.
Studies in poverty, inequality and social exclusion series
Series Editor: David Gordon, Director, Townsend Centre for International Poverty Research.
Poverty, inequality and social exclusion remain the most fundamental problems that humanity faces in the 21st century. This exciting series, published in association with the Townsend Centre for International Poverty Research at the University of Bristol, aims to make cutting-edge poverty related research more widely available.
For other titles in this series, please follow the series link from the main catalogue page.
Debunking the myths around the current economic belief systems, this book reveals how mainstream perspectives work for the benefit of the organised money establishment, while causing all manner of destructions, inequalities and frauds, all conspiring against the common good.
Focused on the realities of organisational systems, Pearson offers a practical alternative to economic dogma.
Written from a distinctive perspective that combines practitioner and academic expertise, this book is structured as a simple model of business strategy and identifies necessary systems change in order to achieve a truly sustainable future.