Pat Devine
Pat Devine is a radical socialist economist concerned mainly with industrial economics and comparative economic systems. Devine made one of the most thorough descriptions of a future post-capitalistic economy which is based upon social ownership of the means of production by those affected by the use of it, with allocation of consumer and capital goods made by a form of decentralized participatory economic planning called negotiated coordination of those at the most localised level of economic production. This model is notable for specifying an array of social ownership rights and an analytic distinction between market forces and market relations. Another key aspect of Devine’s work has been a close reading of the notorious economic calculation debate and later attempts to offer a response to the objections by the Austrian school of economic theory. Similarly, Devine's work on the subject of industrial planning has largely constituted an extended critique of the Austrian theor ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Political Radicalism
Radical politics denotes the intent to transform or replace the principles of a society or political system, often through social change, structural change, revolution or radical reform. The process of adopting radical views is termed radicalisation. The word derives from the Latin ("root") and Late Latin ("of or pertaining to the root, radical"). Historically, political use of the term referred exclusively to a form of progressive electoral reformism, now known as classical radicalism, that had developed in Europe during the 18th and 19th centuries. However, the denotation has changed since its 18th century coinage to comprehend the entire political spectrum, though retaining the connotation of "change at the root". History The ''Oxford English Dictionary'' traces usage of 'radical' in a political context to 1783. The ''Encyclopædia Britannica'' records the first political usage of 'radical' as ascribed to Charles James Fox, a British Whig Party parliamentarian who in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Marxian Economics
Marxian economics, or the Marxian school of economics, is a Heterodox economics, heterodox school of political economic thought. Its foundations can be traced back to Karl Marx, Karl Marx's Critique of political economy#Marx's critique of political economy, critique of political economy. However, unlike Critique of political economy, critics of political economy, Marxian economists tend to accept the concept of economy, the economy prima facie. Marxian economics comprises several different theories and includes multiple schools of thought, which are sometimes opposed to each other; in many cases Marxian analysis is used to complement, or to supplement, other economic approaches. Because one does not necessarily have to be politically Marxism, Marxist to be economically Marxian, the two adjectives coexist in usage, rather than being synonymous: They share a semantic field, while also allowing both connotation, connotative and denotation, denotative differences. Marxian economics ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Participatory Politics
Stephen Rosskamm Shalom is a professor of political science at William Paterson University where he has taught since 1977. He is a writer on social and political issues and is a contributor to Znet and '' Democratic Left''. He is on the editorial boards of the Bulletin of Concerned Asian Scholars and the journal '' New Politics''. Shalom earned his Bachelor's degree from M.I.T., and his Ph.D. in Political Science from Boston University. Publications He is the author of numerous publications on the Philippines and other political topics including ''Which Side Are You On?: An Introduction to Politics'' (Longman, 2002), ''Imperial Alibis: Rationalizing U.S. Intervention After the Cold War'' (South End Press, 1993), ''Deaths in China due to communism propaganda versus reality'' (1984); ''The United States and the Philippines: A Study of Neocolonialism'' (1981); co-editor of ''The Philippines Reader'' (South End Press, 1987), ''Bitter Flowers, Sweet Flowers: East Timor, Indonesia, an ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Participatory Democracy
Participatory democracy, participant democracy or participative democracy is a form of government in which citizens participate individually and directly in political decisions and policies that affect their lives, rather than through elected representatives. Elements of direct and representative democracy are combined in this model. Overview Participatory democracy is a type of democracy, which is itself a form of government. The term "democracy" is derived from the Greek expression (dēmokratia) ''(δῆμος/ dēmos'': people, ''Κράτος/ kratos'': rule). It has two main subtypes, direct and representative democracy. In the former, the people have the authority to deliberate and decide legislation; in the latter, they choose governing officials to do so. While direct democracy was the original concept, its representative version is the most widespread today. Public participation, in this context, is the inclusion of the public in the activities of a polity. It can be a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Post-Autistic Economics
The post-autistic economics movement (french: autisme-économie), or movement of students for the reform of economics teaching (french: mouvement des étudiants pour une réforme de l'enseignement de l'économie), is a political movement that criticises neoclassical economics and advocates for pluralism in economics. The movement gained attention after an open letter signed by almost a thousand economics students at French universities and Grandes Écoles was published in ''Le Monde'' in 2000. Terminology The French term ''autisme'' has an older meaning and signifies "abnormal subjectivity, acceptance of fantasy rather than reality". However, post-autistic economists also "assert that neoclassical economics has the characteristics of an autistic child". The pejorative reference to the neurodevelopmental disorder autism is considered offensive by some economists. Greg Mankiw has said that "use of the term indicates a lack of empathy and understanding for those who live with actua ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Inclusive Democracy
Inclusive Democracy (ID) is a project that aims for direct democracy; economic democracy in a stateless, moneyless and marketless economy; self-management (democracy in the socio-economic realm); and ecological democracy. The theoretical project of Inclusive Democracy—as distinguished from the political project on which the Inclusive Democracy movement is based—emerged from the work of Greek-born political philosopher, economist, activist and former academic Takis Fotopoulos, in the book ''Towards An Inclusive Democracy'', and was further developed by him and other writers in the journal '' Democracy & Nature'' and its successor ''The International Journal of Inclusive Democracy'', an electronic journal published by the International Network for Inclusive Democracy. In other words, the theoretical project of Inclusive Democracy is a project emerging in political philosophy about social change. On the other hand, the political project of Inclusive Democracy is a project ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Participatory Economics
Participatory economics, often abbreviated Parecon, is an economic system based on participatory decision making as the primary economic mechanism for allocation in society. In the system, the say in decision-making is proportional to the impact on a person or group of people. Participatory economics is a form of socialist decentralized planned economy involving the common ownership of the means of production. It is a proposed alternative to contemporary capitalism and centralized planning. This economic model is primarily associated with political theorist Michael Albert and economist Robin Hahnel, who describes participatory economics as an anarchist economic vision. The underlying values that parecon seeks to implement are equity, solidarity, diversity, workers' self-management, efficiency (defined as accomplishing goals without wasting valued assets) and sustainability. The institutions of parecon include workers' and consumers' councils utilising self-managerial methods fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Industrial Organization
In economics, industrial organization is a field that builds on the theory of the firm by examining the structure of (and, therefore, the boundaries between) firms and market (economics), markets. Industrial organization adds real-world complications to the perfect competition, perfectly competitive model, complications such as transaction costs, limited information economics, information, and barriers to entry of new firms that may be associated with imperfect competition. It analyzes determinants of firm and market organization and behavior on a continuum between Competition (economics), competition and monopoly, including from government actions. There are different approaches to the subject. One approach is descriptive in providing an overview of industrial organization, such as measures of competition and the size-concentration ratio, concentration of firms in an industry. A second approach uses microeconomic models to explain internal firm organization and market strategy, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Robin Hahnel
Robin Eric Hahnel (born March 25, 1946) is an American economist and professor emeritus of economics at American University. He was a professor at American University for many years and traveled extensively advising on economic matters all over the world. He is best known for his work on participatory economics with ''Z Magazine'' editor Michael Albert. Politically, Hahnel considers himself a product of the New Left and is sympathetic to libertarian socialism. He has been active in many social movements and organizations for forty years, notably as a participant in student movements opposed to the American invasion of South Vietnam, more recently with the Southern Maryland Greens, a local chapter of the Maryland Green Party, and the Green Party of the United States. Hahnel's work in economic theory and analysis is informed by the work of Marx, Keynes, Piero Sraffa, Michał Kalecki, and Joan Robinson, among others. He has served as a visiting professor or economist in Cuba, Peru, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Oxford
Oxford () is a city in England. It is the county town and only city of Oxfordshire. In 2020, its population was estimated at 151,584. It is north-west of London, south-east of Birmingham and north-east of Bristol. The city is home to the University of Oxford, the oldest university in the English-speaking world; it has buildings in every style of English architecture since late Anglo-Saxon. Oxford's industries include motor manufacturing, education, publishing, information technology and science. History The history of Oxford in England dates back to its original settlement in the Saxon period. Originally of strategic significance due to its controlling location on the upper reaches of the River Thames at its junction with the River Cherwell, the town grew in national importance during the early Norman period, and in the late 12th century became home to the fledgling University of Oxford. The city was besieged during The Anarchy in 1142. The university rose to dom ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Balliol College
Balliol College () is one of the constituent colleges of the University of Oxford in England. One of Oxford's oldest colleges, it was founded around 1263 by John I de Balliol, a landowner from Barnard Castle in County Durham, who provided the foundation and endowment for the college. When de Balliol died in 1268, his widow, Dervorguilla, a woman whose wealth far exceeded that of her husband, continued his work in setting up the college, providing a further endowment and writing the statutes. She is considered a co-founder of the college. The college's alumni include four former Prime Ministers of the United Kingdom (H. H. Asquith, Harold Macmillan, Edward Heath, and Boris Johnson), Harald V of Norway, Empress Masako of Japan, five Nobel laureates, several Lords of Appeal in Ordinary, and numerous literary and philosophical figures, including Shoghi Effendi, Adam Smith, Gerard Manley Hopkins, and Aldous Huxley. John Wycliffe, who translated the Bible into English, was master of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Manchester University
, mottoeng = Knowledge, Wisdom, Humanity , established = 2004 – University of Manchester Predecessor institutions: 1956 – UMIST (as university college; university 1994) 1904 – Victoria University of Manchester 1880 – Victoria University 1851 – Owens College 1824 – Manchester Mechanics' Institute , endowment = £242.2 million (2021) , budget = £1.10 billion (2020–21) , chancellor = Nazir Afzal (from August 2022) , head_label = President and vice-chancellor , head = Nancy Rothwell , academic_staff = 5,150 (2020) , total_staff = 12,920 (2021) , students = 40,485 (2021) , undergrad = () , postgrad = () , city = Manchester , country = England, United Kingdom , campus = Urban and suburban , colours = Manchester Purple Manchester Yellow , free_label = Scarf , free = , website = , logo = UniOfManchesterLogo.svg , affiliations = Universities Research Association Sutton 30 Russell Group EUA N8 Group NWUA ACUUniversities UK The University ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |