Social costs today : institutional analyses of the present crises / / edited by Paolo Ramazzotti, Pietro Frigato and Wolfram Elsner

• Record Nr.: UNINA9910453054203321
• Pubbl/distr/stampa: London ; ; New York : , : Routledge, , 2012
• ISBN: 1-280-87296-9; 9786613714275; 1-136-28572-5; 0-203-11315-2; 1-136-28571-7
• Descrizione fisica: 1 online resource (321 p.)
• Collana: Routledge frontiers of political economy ; ; 159
• Altri autori (Persone): ElsnerWolfram; FrigatoPietro; RamazzottiPaolo
• Disciplina: 330.15/52
• Soggetti: Externalities (Economics); Institutional economics; Electronic books.
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Social Costs Today Institutional analyses of the present crises; Copyright; Contents; List of illustrations; List of contributors; Social costs today: institutional analyses of the present crises - an introduction; PART I Social costs: At the core of the capitalist economy; 1 Social costs and normative economics; 2 Institutions, rationality and social costs; 3 Social costs and the horizonal approach to ecologicaleconomics; 4 Planned obsolescence and the manufacture of doubt: on social costs and the evolutionary theory of the firm; 5 The discourse on social costs: Kapp's 'impossibility thesis' vs. neoliberalismPART II Social costs of the present crises; 6 From the crisis of distribution to the distribution of the costs of the crisis: the case of Europe; 7 The financial crisis viewed through the theory of social costs; 8 In charge of themselves: the social costs of workfare policies in Europe; 9 The social costs of water commodification in developing countries; 10 The social costs of private elderly care; 11 Business bias ; as usual: the case of electromagnetic pollution; 12 A crisis of freedom; Index
• Sommario/riassunto: This book deals with the current crises from a somewhat different the usual perspectives. It claims that causes and policy implications of these crises cannot be properly assessed by focusing on allocative efficiency or income growth alone; it requires a more general approach, based on social costs. It does not deal with social costs according to the Pigouvian or the Coasian traditions. It draws on the work of Original Institutional Economics (OIE) such as Thorstein Veblen, Karl William Kapp, and Karl Polanyi, on Post-Keynesians such as Hyman Minsky and, in general, on authors who have prov