| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP16515
|
| DP16515 Shrinking capitalism: Components of a new political economy paradigm |
| Samuel Bowles; Wendy Carlin
|
| 发表日期 | 2021-09-06
|
| 出版年 | 2021
|
| 语种 | 英语
|
| 摘要 | The climate emergency, rising inequality, and pandemic diffusion have raised the question: for what purpose is capitalism fit? Implementing new policies and institutions to meet these challenges will require a realignment of political forces on a scale similar to that achieved by neoliberal policies and ideas over the past four decades. We suggest that a successful new paradigm must provide the basis of a dynamic and sustainable economy and be constituted by a synergistic set of ethical commitments, economic models, emblematic policies, and a new vernacular economics by which people understand and seek to improve their livelihoods and futures. We illustrate these four components by reference to the classical liberal, Keynesian-social democratic, and neoliberal paradigms. Using an expanded space for policies and institutions that integrates markets, states, and civil society, we propose elements of a new paradigm, including diminished space for capitalism and greater equality not only of economic endowments but also of dignity and voice. |
| 主题 | Public Economics
|
| 关键词 | Inequality
Power
Paradigm
Principal-agent model
Classical liberalism
Keynesian social democracy
Neoliberalism
Ethics
Civil society
|
| URL | https://cepr.org/publications/dp16515
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545470
|
推荐引用方式
GB/T 7714 |
Samuel Bowles,Wendy Carlin. DP16515 Shrinking capitalism: Components of a new political economy paradigm. 2021.
|
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