The Consumer Credit and Neoliberalism

Author: Christopher Payne
Publisher: Routledge
ISBN: 0415680115
Format: PDF, ePub, Docs
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This book is an investigation into the economic policy formulation and practice of neoliberalism in Britain from the 1950s through to the financial crisis and economic downturn that began in 2007-8. It demonstrates that influential economists, such as F.A. Hayek and Milton Friedman, authors at key British think tanks such as the Institute of Economic Affairs and the Centre for Policy Studies, and important political figures of the Thatcher and New Labour governments shared a similar conception of the consumer. For neoliberals, the idea that consumers were weak in the face of businesses and large corporations was almost offensive. Instead, consumers were imagined to be sovereign agents in the economy, whose consumption decisions played a central role in the construction of their human capital and in the enabling of their aspirations. Consumption, just like production, came to be viewed as an enterprising and entrepreneurial activity. Consequently, from the early 1980s until the present day, it was felt necessary that banks should have the freedom to meet the borrowing needs of consumers. Credit rationing would be a thing of the past. Just like businesses, consumers and households could use debt to expand their stock of personal assets. By utilizing the method of French philosopher Michel Foucault this book provides an original analysis of the policy ideas and political speeches of key figures in the New Right, in government and at the Bank of England. And it addresses the key question as to why policy-makers both in Britain and the United States did little or nothing to stem rising consumer and household indebtedness, instead always choosing to see increasing house prices and homeownership as a positive to be encouraged.

Structural Analysis and the Process of Economic Development

Author: Jonas Ljungberg
Publisher: Routledge
ISBN: 1317326873
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Economic development is full of discontinuities. Mainstream economists perceive these as external disturbances to a natural state of equilibrium, but this book argues that much of the discontinuities are part of economic development, suggesting that patterns can be understood with structural analysis. Structural Analysis and the Process of Economic Development presents a detailed analysis of the trajectory of Swedish economic change since the nineteenth century. The emergence of structural analysis in economic research is reviewed, as well as a chapter devoted to development blocks, a key concept that was outlined in the 1940s and that has much in common with the more recent notions ‘techno-economic paradigms’ and ‘general-purpose technologies’. Structural analysis and the major contributions by Schön are introduced in this book. Also highlighted is Sweden’s integration into the international economy via the nineteenth century capital markets, along with structural analysis as a tool for understanding climate change. The recent technique of wavelet analysis and its potential for structural analysis is demonstrated in a non-technical chapter. This book is suitable for those who are interested in and study political economy, economic history and European history.

Citizen Hariri

Author: Hannes Baumann
Publisher: Oxford University Press
ISBN: 0190862629
Format: PDF, Docs
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Rafiq Hariri was Lebanon's Silvio Berlusconi: a 'self-made' billionaire who became prime minister and shaped postwar reconstruction. His assassination in February 2005 almost tipped the country into civil strife. Yet Hariri was neither a militia leader nor from a traditional political family. How did this outsider rise to wield such immense political and economic power? Citizen Hariri shows how the billionaire converted his wealth and close ties to the Saudi monarchy into political power. Hariri is used as a prism to examine how changes in global neoliberalism reshaped Lebanese politics. He initiated urban megaprojects and inflated the banking sector. And having grown rich as a contractor in the Gulf, he turned Lebanon into an outlet for Gulf capital. The concentration of wealth and the restructuring of the postwar Lebanese state were comparable to the effects of neoliberalism elsewhere. But at the same time, Hariri was a deeply Lebanese figure. He had to fend against militia leaders and a hostile Syrian regime. The billionaire outsider eventually came to behave like a traditional Lebanese political patron. Hannes Baumann assesses not only the personal legacy of the man dubbed 'Mr Lebanon' but charts the wider social and economic transformations his rise represented.

Rhetorik und Stilistik Rhetoric and Stylistics Halbband 1

Author: Ulla Fix
Publisher: Walter de Gruyter
ISBN: 3110211408
Format: PDF, Kindle
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The series Handbooks of Linguistics and Communication Science is designed to illuminate a field which not only includes general linguistics and the study of linguistics as applied to specific languages, but also covers those more recent areas which have developed from the increasing body of research into the manifold forms of communicative action and interaction.

Die unbarmherzige Revolution

Author: Joyce Appleby
Publisher: Murmann Verlag DE
ISBN: 3867741603
Format: PDF
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In ihrer großen Geschichte des Kapitalismus erzählt Joyce Appleby die Geschichte unseres Wirtschaftssystems: von den großen Entdeckungen der Portugiesen, vom Sklavenhandel über die industrielle Revolution bis zur Globalisierung der Gegenwart, und beschreibt schließlich unsere ökonomische und auch kulturelle Identität, die so sehr vom Kapitalismus geprägt ist. Messerscharf seziert sie die guten und die schlechten Seiten des Kapitalismus und beschreibt, was der Kapitalismus mit den Menschen macht. Eine mitreißende Lektüre für alle, die von der "unbarmherzigen Revolution" profitieren oder an ihr verzweifeln.