21st Century Economics: Perspectives of Socioeconomics for a Changing World

21st Century Economics: Perspectives of Socioeconomics for a Changing World




As the twenty-first century looms ahead, it is becoming increasingly clear that economic life will be different on the other side of the millennium. In Twenty-First Century Economics, the editors have assembled a group of leading economists and scholars to provide authoritative analyses of the powerful forces now shaping economic systems and to estimate where these trends are headed. The essays compare the Information Revolution of today to the Industrial Revolution of yesterday and show how, for the first time in history, economic affairs are being organized around the pursuit of knowledge.

Product Details

ISBN-13: 9780312161996
Publisher: Palgrave Macmillan
Publication date: 04/28/1999
Edition description: REV
Pages: 480
Product dimensions: 5.87(w) x 8.59(h) x 1.52(d)

About the Author

William E. Halal is Professor of Management Science at George Washington University.

Kenneth B. Taylor is Professor of Economics at Villanova University.

Table of Contents

List of Tablesvii
List of Figuresix
Introduction: The Transition to a Global Information Economyxvii
Part IForces Shaping the New Economic Order
1.Transformations: The Forces of Capitalist Change3
2.Globalization: An Economic-Geographical Perspective31
3.The Infinite Resource: Mastering the Boundless Power of Knowledge53
4.Regional Motors of the Global Economy77
5.Voluntary Simplicity: A New Social Movement?107
Part IIEmerging Models of the Firm
6.Enterprise in the Information Age131
7.Cellular-Network Organizations155
8.The Internal Market Economy175
9.Business and the Environment: The Economics of a Clean Business189
10.Case Study of Lufthansa213
Part IIIBetween Laissez-Faire and Industrial Policy
11.Toward Developing a Twenty-First Century Economic Paradigm: Lessons from Myrdal, Schumpeter, and Hayek227
12.The Road to Ruin: Neoclassical Hegemony in Transition Economies251
13.Japan Faces the Twenty-First Century275
14.Social Enterprises and Civil Democracy in Sweden: Developing a Participatory Welfare Society for the Twenty-First Century301
15.Healing the Economy the Humanistic Way327
16.The Quest for Universal Capitalism in the United States349
17.A Community-Oriented Economy369
Conclusion: On the Other Side of the Millennium: A Synthesis of Progressive Economic Thought393

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