The kind of investigative book that makes you sit up and take notice. Vulture capitalism has seen the corporation become more powerful than the state, and yet its work is often done by stealth, supported by political and media elites. The result is privatised wars and outsourced detention centres, mining companies pillaging precious land in developing countries and struggling nations invaded by NGOs and the corporate dollar. Best-selling journalist Antony Loewenstein travels to Afghanistan, Pakistan, Haiti, Papua New Guinea and across Australia to witness the reality of this largely hidden world of privatised detention centres, outsourced aid, destructive resource wars and militarized private security. Who is involved and why? Can it be stopped? What are the alternatives in a globalised world? Profits of Doom challenges the fundamentals of our unsustainable way of life and the money-making imperatives driving it. Endorsements for Profits of Doom: 'In Australia, so often bereft of voices of dissent and courage, Antony Loewenstein's tenacious work stands out. Profits of Doom is a journey into a world of mutated economics and corrupt politics that we ignore at our peril.' - John Pilger, independent investigative journalist, author and documentary film-maker 'A great exercise in joining the dots, on essential terrain that too often is ignored. At a time when rapacious private interests campaign to destroy government - so they can cash in on its absence - Loewenstein reports from the frontline in an insidious war.' - Paul McGeough, author of Kill Khalid and chief foreign correspondent for The Sydney Morning Herald 'The competition for the most depraved example of the predatory state capitalism of the Reagan-Thatcher neoliberal era is fierce. In this chilling study, based on careful and courageous reporting, and illuminated with perceptive analysis, Antony Loewenstein presents many competitors for the prize, while also helping us understand all too well the saying that man is a wolf to man.' - Noam Chomsky, Institute Professor at MIT and Professor of Linguistics and Philosophy, political activist and author 'Profits of Doom nails the mad idea that the drive for profits will create global wellbeing. Antony Loewenstein delivers a spine-chilling account of the post 9/11 world taken over by vulture capitalism and its political cronies. And this is what we are voting for.' - Bob Brown, former leader of the Australian Greens and director of Sea Shepherd 'Antony Loewenstein's Profits of Doom is a powerful indictment of the corporations and governments across the globe whose unquenchable thirst for resources and power threaten the stability - perhaps even the very existence - of the planet. Loewenstein is no armchair academic or cubicle journalist. The stories in the book are the product of years embedded, in military and economic warzones, with the disempowered of the world, the people from Pakistan to Papua New Guinea and beyond who have the audacity and bravery to fight back against all odds. Loewenstein's keen sense of justice is evident on every page of this book as he gives voice to the voiceless and confronts the powerful. Profits of Doom is a devastating, incisive follow-up to Naomi Klein's The Shock Doctrine.' - Jeremy Scahill, international best-selling author of Dirty Wars and Blackwater

AT&T's divestiture was the largest corporate reorganization in history and has had international repercussions. It was a major development in American economic policy, and a prominent part of the deregulation movement of the late 1970s. This study reveals the internal decision-making process at AT&T and explains how private and public interests combined to shape corporate and public policy in late 20th-century America. Temin weaves the strands of politics, economics, business, and law into an accessible narrative history that will be of interest to the general reader who wants to know about government business interaction and how it affects American citizens. Temin portrays divestiture as a great experiment in public policy, competition, openness, and international policy. He concludes that the experiment has been a mix of deliberate design and uncontrollable forces whose outcome was not foreseen.

What can government do to enhance social and economic well being? Nothing, says Murray N. Rothbard. Power and Market contains the proof. It will inoculate the reader against the even the slightest temptation to invoke the state as a solution to any social or economic problem. It is ultimate manual for completely de-mystifying the myth of the state. This beautiful new edition is the first to truly do it justice. The Rothbardian claim is perhaps the most radical made in the history of political economy. But how can it be convincing? What must an author do to back up this claim? Here is what Rothbard did. He systematically classified every form of intervention into three types: autistic, binary, and triangular. Within each category, he discusses their ill effects, and does so with precision and insight. Free market scholars have been using and expanding on his insights for years. But in this book we have the source. He is like an expert house inspector examining the edifice of the state. Brick by brick, nail by nail, he shows that it is fundamentally unsound. The seeming edifice is really a house of cards. This book is the ideal answer to the person who says: "I favor free markets but…." and then proceeds to advocate some intervention they believe to be helpful. Rothbard shows that it is not helpful, no matter what it is. And he provides the logic for understanding how all forms of government aggression make society worse off. Softcover, 328 pages including index.

We can't sit under Mises at his famous Vienna private seminar. We can't go back in time and attend his New York seminar, or follow him to his speaking engagements that he held in the 50s and 60s.But thanks to this second volume in a thrilling series (here is volume one), we do have access to what he said. He is warm, funny, passionate, and learned. This book provides a candid look at the man and his teaching style. It demonstrates his dazzling command over the material, and teaches in a breezier way than his treatises.This volume contains nine lectures delivered over one week, from June 23, to July 3, 1952, at the San Francisco Public Library. Mises was at his prime as a teacher and lecturer. He shares a lifetime of learning on topics that were (and remain) central to American public life.As the title indicates, his main focus is on Marxism. He discusses Marx and his place in the history of ideas, the destruction wrought by his dangerous ideology, the manner in which his followers have covered up his errors, and how the Marxists themselves have worked for so long to save Marxism from itself. He discusses Marxist claims about history and refutes the smear of the industrial revolution.The approach is systematic but casual. So the reader encounters wonderful insights in the form of short asides. For example: "The worst thing that can happen to a socialist is to have his country ruled by socialists who are not his friends."As a lecturer, he is steady and relentless. The reader can nearly "hear" him speaking through the prose. And there are times when Mises reveals a level of rhetorical passion that you would never encounter in print. That's because what is printed here are not pre-prepared lectures in the sense that they were written out. They were transcribed by Bettina Bien Greaves from what he actually said.Thus can we hear this passage:It is not true, as Marx said, that the improvements in technology are available only to the exploiters and that the masses are living in a state much worse than on the eve of the Industrial Revolution. Everything the Marxists say about exploitation is absolutely wrong! Lies! In fact, capitalism made it possible for many persons to survive who wouldn't have otherwise.Some readers of Mises's larger works have said that while his rigor is dazzling, the man himself can seem remote. Whether or not you agree with this observation, Mises comes across in these lectures as brilliant but very warm and charming in an old world sense.This approach is particularly fruitful in the last four of the lectures, which cover topics such as savings, interest, inflation, profit and loss, and the place of foreign investment. The lecture on interest rates, for example, must surely rank as one of the best explanations of this complicated topic. He recounts the history of the attempt to suppress interest rates, from the ancient world to the modern period. He explains why this cannot work because interest is merely the objective sign of a phenomenon that is integral to human action. As he moves on to money, Mises reveals himself to be tougher on the issue of fiduciary media than he was when he wrote his 1912 book The Theory of Money and Credit.In response to a question Mises says: "In the future no additional banknotes should be issued, no additional credit should be entered on a bank subject to check, unless there is 100 percent coverage in money."Also not to be missed is Mises's wry defense of "money cranks": at least they were only more consistent than the advocates of Keynesian and monetarism.Mises was clearly pressed for time, so he had to be at once thorough and move quickly through the material. It's still not "light reading" by the normal standards, but for people who want to see a great mind at work, this has a wonderful element of spontaneity about it that attracts and teaches at the same time.

Explores the structural and political relations of the Atlantic trade in the 18th century

CONTENTS: Introduction - Labour, Necessary product, Surplus Product - Exchange, Commodity, Value - Money, Capital, Surplus-value - The Development of Capital - The Contradictions of Capitalism - Trade - Credit - Money - Agriculture- Reproduction and the Growth of National Income - Periodical Crises - Monopoly Capitalism - Imperialism - The Epoch of Capitalist Decline - The Soviet Economy - The Economy of the Transition Period - Socialist Economy - Origin, Rise and Withering Away of Political Economy- Bibliography - Index

This collection of essays by Alexander Gerschenkron, who has been called “the doyen of economic history in the United States,” is a companion volume to the author’s highly acclaimed Economic Backwardness in Historical Perspective. The essays range over a wide variety of subjects, but the major theme, as in Gerschenkron’s previous book, is the conditions of industrial development, particularly in regard to nineteenth-century Europe. The book is divided into three parts. In Part I, Methodology, the essays are: “On the Concept of Continuity in History,” “Some Methodological Problems in Economic History,” and “Reflections on Ideology as a Methodological and Historical Problem.” Part II, Problems in Economic History, deals with “The Typology of Industrial Development as a Tool of Analysis,” “The Industrial Development of Italy: A Debate with Rosario Romeo,” “The Modernization of Entrepreneurship,” “Russia: Agrarian Policies and Industrialization, 1861–1914,” and “City Economies Then and Now.” In Part III, The Political Framework, the essays are: “Reflections on the Economic Aspects of Revolution,” “The Changeability of a Dictatorship,” and “The Stability of Dictatorships.” A series of appendices presents reviews and review articles by Gerschenkron.

"The Essential Hirschman brings together some of the finest essays in the social sciences, written by one of the twentieth century's most influential and provocative thinkers. Albert O. Hirschman was a master essayist, one who possessed the rare ability to blend the precision of economics with the elegance of literary imagination. In an age in which our academic disciplines require ever-greater specialization and narrowness, it is rare to encounter an intellectual who can transform how we think about inequality by writing about traffic, or who can slip in a quote from Flaubert to reveal something surprising about taxes. The essays gathered here span an astonishing range of topics and perspectives, including industrialization in Latin America, imagining reform as more than repair, the relationship between imagination and leadership, routine thinking and the marketplace, and the ways our arguments affect democratic life. Throughout, we find humor, unforgettable metaphors, brilliant analysis, and elegance of style that give Hirschman such a singular voice.Featuring an introduction by Jeremy Adelman that places each of these essays in context as well as an insightful afterword by Emma Rothschild and Amartya Sen, The Essential Hirschman is the ideal introduction to Hirschman for a new generation of readers and a must-have collection for anyone seeking his most important writings in one book"--

Passionate, profound and funny, Berman is inspiring people from all walks of life to get off the sidelines and fight the good fight--and win. This unique book--part manifesto from a leader, part humorous activist memoir from a soccer mom--offers a wryly honest, behind-the-scenes, ultimately uplifting look at the state of the planet. For almost 20 years, Tzeporah Berman has been one of our most influential environmentalists. A founder of ForestEthics and PowerUp Canada, she was instrumental in shaping the tactics and concerns of the modern environmental movement. In her early 20s she faced nearly one thousand criminal charges and 6 years in prison for her role organizing blockades in Canada's rainforest. She later transformed her tactics and sat down with CEOs and political leaders to reshape their policies and practices. In her new role at Greenpeace International she is fighting the problem of our time: climate change. This Crazy Time is an impassioned plea for a better world.

A country's ideology-the framework of ideas it uses to make values explicit and its institutions legitimate-shapes the manner in which corporations and managers live and act. If not properly understood, it can blind a manager to problems he cannot avoid; if properly understood, it can alert managers to issues that help them in dealing with government agencies, the public, their workers, and in developing their own business strategy. In this probing study, Harvard Business School professor George C. Lodge and Harvard University sociologist Ezra F. Vogel have combined their expertise to examine ideology as a useful tool for understanding national communities-how and why they have evolved, the tensions that exist within them, and the differences between them.

Reform of the welfare sector is an important yet difficult challenge for all countries in transition from socialist central planning to market-oriented democracies. Here a scholar of the economics of socialism and post-socialist transition and a health economist take on this challenge. This 2001 book offers health sector reform recommendations for ten countries of Eastern Europe, drawn consistently from a set of explicit guiding principles. After discussing sector-specific characteristics, lessons of international experience, and the main set of initial conditions, the authors advocate reforms based on organized public financing for basic care, private financing for supplementary care, pluralistic delivery of services, and managed competition. Policymakers need to achieve a balance, both assuring social solidarity through universal access to basic health services and expanding individual choice and responsibility through voluntary supplemental insurance. The authors also consider the problems that undermine effectiveness of market-based competition in the health sector.

Russian analysts discuss postcommunist economic transformation. The end of the Cold War saw an unprecedented number of countries changing economic policies at the same time. One result has been the emergence of a new field of economics, postcommunist transformation theory. Written by prominent Russian analysts, the essays in this book discuss the economic policy problems that confront postcommunist countries. Most chapters focus on liberalization of the exchange rate and trade system, macroeconomic stabilization, and institutional reform. They also look at various policy options that have been pursued and their results. Underlying the book is the assumption that the transition to a market economy is both irreversible and the best path to sustained growth in Russia.

"What if economics began with people? Carl Menger. Ludwig von Mises. F.A. Hayek. Murray Rothbard. Israel Kirzner. They're some of the most important and acclaimed economists of the modern era, and they all belong to an intellectual tradition known as the Austrian School of Economics. While many economists model people's behavior using idealized assumptions, Austrian economists begin by taking people as they are and build economic theories by examining the logical structure of the choices they make. This book introduces the key thinkers of the Austrian School and explains their insights on a wide range of economic topics. It also explains the relationship between the Austrian School and mainstream economics and delves into the criticisms Austrian School economists have mounted against communist and socialist economic thought"--

Magdoff’s analysis is the foundation upon which the work of an entire tradition of Monthly Review authors rests.

Reviews the current conditions of economics, the recent blunders and serious shortcomings of government, corporate, and academic economists, and the needed relevance of Smith, Marx, Veblen, and Keynes

"Milton Friedman and George J. Stigler shaped economics as we know it today - their Chicago School laid the groundwork for much of the neoclassical tradition in economic analysis. This book brings together a collection of letters from these two Noble laureates from the post-war years, containing new information about their personal and professional relationships, and also illuminating the development of ideas which are now fundamental to economic theory. The book, edited by Dan and Claire Hammond, contains an introductory chapter, chronologies for Friedman and Stigler, and transcripts of 71 letters written from 1945 to 1957 along with enclosures."--BOOK JACKET