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A Critique of Neoclassical Economics as a Regime of ‘Truth’: Empire and Emperors with No Clothes

John Barry

in The Politics of Actually Existing Unsustainability: Human Flourishing in a Climate-Changed, Carbon Constrained World

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199695393
eISBN:
9780191738982
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199695393.003.0004
Subject:
Political Science, Environmental Politics

Offers a critical analysis of the dominant conception of political economy which underpins the unsustainability of modern societies—namely neoclassical economics. This chapter seeks to explore and ... More


Epilogue

Donald W. Katzner

in At the Edge of Camelot: Debating Economics in Turbulent Times

Published in print:
2011
Published Online:
September 2011
ISBN:
9780199765355
eISBN:
9780199896806
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199765355.003.0009
Subject:
Economics and Finance, Economic History

This chapter provides a brief outline of some of the major developments in the Economics Department during the years after 1981. The domain of radical political economics expanded considerably and ... More


It's Not Over: Structural Drivers of the Global Economic Crisis

Rohit

Published in print:
2013
Published Online:
January 2013
ISBN:
9780198088417
eISBN:
9780199082292
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198088417.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

Why is the world economy in such turmoil? This is a question which has implications not just for the economics discipline but also the lives of millions of working people across the world. That it ... More


Banks Misunderstood

Ewald Engelen, Ismail Ertürk, Julie Froud, Sukhdev Johal, Adam Leaver, Michael Moran, Adriana Nilsson, and Karel Williams

in After the Great Complacence: Financial Crisis and the Politics of Reform

Published in print:
2011
Published Online:
January 2012
ISBN:
9780199589081
eISBN:
9780191731150
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199589081.003.0005
Subject:
Business and Management, Finance, Accounting, and Banking, Political Economy

This chapter is concerned with the question how banking could generate (unsustainable) returns of 15–25 per cent on equity before the crisis? Our answer is that in wholesale banking, small return per ... More


Generating Inequalities

Donald Tomaskovic-Devey and Dustin Avent-Holt

in Relational Inequalities: An Organizational Approach

Published in print:
2019
Published Online:
January 2019
ISBN:
9780190624422
eISBN:
9780190624460
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190624422.003.0001
Subject:
Sociology, Social Stratification, Inequality, and Mobility, Social Theory

This book introduces relational inequality theory (RIT). RIT builds on a foundation of social relationships, organizations, and the intersectional complexity and fluidity that characterize social ... More


Financing industrial development

Michael Peneder and Andreas Resch

in Schumpeter's Venture Money

Published in print:
2021
Published Online:
February 2021
ISBN:
9780198804383
eISBN:
9780191842726
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198804383.003.0004
Subject:
Business and Management, Finance, Accounting, and Banking

Continuing the brief sketch of the historical background and heterodox sources of Schumpeter’s monetary theory, the period covered by this final chapter of Part I is characterised by powerful waves ... More


Introducing Responsible Stagnation as the ‘Fourth Quadrant’

Stevienna de Saille

in Responsibility Beyond Growth: A Case for Responsible Stagnation

Published in print:
2020
Published Online:
January 2021
ISBN:
9781529208177
eISBN:
9781529208375
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781529208177.003.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

In this chapter we introduce the central problem of innovation in a slow-growth economy, which is a tendency to prioritize economic returns over other values, and to downplay or ignore ecological ... More


Responsibility Beyond Growth: A Case for Responsible Stagnation

Stevienna de Saille, Fabien Medvecky, Michiel Van Oudheusden, Kevin Albertson, Effie Amanatidou, Timothy Birabi, and Mario Pansera

Published in print:
2020
Published Online:
January 2021
ISBN:
9781529208177
eISBN:
9781529208375
Item type:
book
Publisher:
Policy Press
DOI:
10.1332/policypress/9781529208177.001.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

Innovation is generally considered to be the antidote to economic stagnation. But while the coupling of ‘responsible' and 'innovation’ has been much discussed, that of 'responsible stagnation' has ... More


Jacques Delors: Vision, Revisionism, and the Design of EMU

Dermot Hodson

in Architects of the Euro: Intellectuals in the Making of European Monetary Union

Published in print:
2016
Published Online:
September 2016
ISBN:
9780198735915
eISBN:
9780191799860
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198735915.003.0010
Subject:
Political Science, European Union, Political Economy

This chapter explores Jacques Delors’ blurred vision of Economic and Monetary Union. It shows how the former central banker, French finance minister, member of the European Parliament, and Commission ... More


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