61 Rethinking Capitalism e Economics and Policy for Sustainable and Inclusive Growth Michael Jacobs & Mariana Mazzucato “Thought provoking and fresh - this book challenges how we think about economics.” Gillian Tett, Financial Times Western capitalism is in crisis. For decades investment has been falling, living standards have stagnated or declined, and inequality has risen dramatically. Economic policy has neither reformed the financial system nor restored stable growth. Climate change meanwhile poses increasing risks to future prosperity. In this book some of the world’s leading economists propose new ways of thinking about capitalism. In clear and compelling prose, each chapter shows how today’s deep economic problems reflect the inadequacies of orthodox economic theory and the failure of policies informed by it. The chapters examine a range of contemporary economic issues, including fiscal and monetary policy, financial markets and business behaviour, inequality and privatisation, and innovation and environmental change. The authors set out alternative economic approaches which better explain how capitalism works, why it often doesn’t, and how it can be made more innovative, inclusive and sustainable. Outlining a series of far-reaching policy reforms, Rethinking Capitalism offers a powerful challenge to mainstream economic debate, and new ideas to transform it. Series: Political Quarterly Monograph Series Print ISBN: 978-1-119-12095-7 | PR | €20.90 | Aug 2016 | 224PP About the Editors Michael Jacobs is Visiting Professor in the School of Public Policy at University College London. An environmental economist and political theorist, his work has focused on the political economy of environmental change. Mariana Mazzucato is RM Phillips Professor in the Economics of Innovation at the Science Policy Research Unit (SPRU) at the University of Sussex, UK. The World After GDP Politics, Business and Society in the Post-Growth Era Lorenzo Fioramonti University of Pretoria GDP is much more than a simple statistic. It has become the overarching benchmark of success and a powerful ordering principle at the heart of the global economy. In this provocative and visionary book, Lorenzo Fioramonti sets out the reforms and pressures necessary to move towards a more equitable, sustainable and happy world after GDP. • A visionary manifesto for a world after GDP • Ably exposes the flaws of the global economy and its misguided emphasis on GDP as a measure of prosperity and growth • An important intervention in ongoing debates about degrowth and the future of capitalism • Written by a leading analyst and critic of GDP whose previous books have been widely reviewed Print ISBN: 978-1-5095-1134-1 | CL | €67.90 / 978-1-5095-1135-8 | PR | €21.90 | Feb 2017 | 260PP e About the Author Lorenzo Fioramonti is Professor of Political Economy at the University of Pretoria (South Africa) and Director of the Centre for the Study of Governance Innovation.
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