Reforming Capitalism for the Common Good

Charles J. Whalen

in Books from Edward Elgar Publishing

Abstract: In this book of carefully selected essays, Charles Whalen presents constructive analyses of vital economic problems confronting the United States since the 1970s, giving special attention to challenges facing working families. The analyses are grounded in Whalen’s career of more than three decades, during which he has gleaned insight from institutional and post-Keynesian economics and contributed to national economic policy-making, equitable regional development, and worker engagement in business decisions. The result is a compelling case for reforming capitalism by addressing workers’ interests as an integral part of the common good, and for reconstructing economics in the direction of post-Keynesian institutionalism.

Keywords: Economics and Finance; Politics and Public Policy Sustainable Development Goals (search for similar items in EconPapers)
Date: 2022
ISBN: 9781803926285
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Chapters in this book:

Ch 1 Reforming capitalism: economics at the crossroads of institutionalism and post-Keynesianism , pp 2-15

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Ch 2 Economics must change: workforce insecurity and the need for a new political economy , pp 17-26

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Ch 3 The institutional approach to political economy , pp 27-44

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Ch 4 Post-Keynesian economics: a pluralistic alternative to conventional economics , pp 45-64

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Ch 5 Economic insecurity and the problem-solving approach of John R. Commons , pp 66-73

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Ch 6 Saving capitalism by making it good: the monetary economics of John R. Commons , pp 74-92

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Ch 7 Social security: a view from beyond the beltway , pp 93-97

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Ch 8 Sending jobs offshore from the United States: what are the consequences? , pp 98-106

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Ch 9 Social unionism in western New York: the case of the Economic Development Group , pp 107-133

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Ch 10 Full employment with liberty: John R. Commons's perspective and its continuing relevance , pp 134-143

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Ch 11 Human resources: the key to institutional economics after the Great Recession , pp 144-156

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Ch 12 John R. Commons and government as employer of last resort: three paths to a progressive right to work , pp 157-166

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Ch 13 The "middle way" of John R. Commons: pursuing reasonable value in the age of unreason , pp 167-183

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Ch 14 Stabilizing the unstable economy: Minsky and Simons on business cycle theory and policy , pp 185-207

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Ch 15 Budget amendment offers toxin, not tonic , pp 208-209

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Ch 16 Destabilizing an unstable economy: the erosion of automatic stabilizers , pp 210-225

Co-authored by Jeffrey Wenger

Ch 17 Money manager capitalism and the end of shared prosperity , pp 226-235

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Ch 18 Integrating Schumpeter and Keynes: Hyman Minsky's theory of capitalist development , pp 236-255

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Ch 19 Money manager capitalism: still here, but not quite as expected , pp 256-262

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Ch 20 A Minsky perspective on the global recession of 2009 , pp 263-283

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Ch 21 Economic policy for the real world , pp 284-290

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Ch 22 Minsky goes to Buffalo - and takes on the economics establishment , pp 291-298

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Ch 23 Post‚Ä'Keynesian institutionalism: past, present, and future , pp 300-324

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Ch 24 The post-Keynesian institutionalism of Wallace Peterson , pp 325-335

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Ch 25 Financialization and income inequality: a post-Keynesian institutionalist analysis , pp 336-359

Co-authored by David A. Zalewski

Ch 26 Post-Keynesian institutionalism and the failure of neoliberalism , pp 360-370

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