LEADER 04912nam 2200661 450 001 9910816373503321 005 20230324104123.0 010 $a1-119-31163-2 035 $a(CKB)3710000000769500 035 $a(EBL)4605617 035 $a(OCoLC)954284940 035 $a(SSID)ssj0001693468 035 $a(PQKBManifestationID)16540903 035 $a(PQKBTitleCode)TC0001693468 035 $a(PQKBWorkID)15066402 035 $a(PQKB)25087351 035 $a(Au-PeEL)EBL4605617 035 $a(CaPaEBR)ebr11238648 035 $a(CaSebORM)32562HBRHV1119 035 $a(MiAaPQ)EBC4605617 035 $a(EXLCZ)993710000000769500 100 $a20160822h20162016 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 00$aRethinking capitalism $eeconomics and policy for sustainable and inclusive growth /$fedited by Michael Jacobs and Mariana Mazzucato 210 1$aChichester, West Sussex, United Kingdom :$cWiley-Blackwell,$d2016. 210 4$dİ2016 215 $a1 online resource (256 p.) 225 1 $aPolitical Quarterly Monograph Series 300 $aDescription based upon print version of record. 311 $a1-119-12095-0 320 $aIncludes bibliographical references at the end of each chapters and index. 327 $aTable of Contents; Title; Copyright; Dedication; Acknowledgements; Notes on Contributors; 1. Rethinking Capitalism: An Introduction; Capitalism and its discontents; Rethinking economic policy; Beyond market failure: towards a new approach; Notes; 2. The Failure of Austerity: Rethinking Fiscal Policy; Introduction; 'Deficits saved the world'; The fiscal retreat and the monetary plunge; A balanced budget or a balanced economy?; Notes; 3. Understanding Money and Macroeconomic Policy; Introduction; The orthodox view: exogenous money; Endogenous money and modern money theory 327 $aMoney and monetary policyQuantitative easing; Implications for the euro zone: the re-integration of money and fiscal policy; Conclusion; Notes; 4. The Costs of Short-termism; Introduction; The literature on short-termism; Empirical evidence of short-termism; Policy implications; Notes; 5. Innovative Enterprise and the Theory of the Firm; Introduction: what makes capitalism productive?; The neoclassical theory of the unproductive firm; The Marxian theory of the productive firm; The theory of innovative enterprise; The integration of theory and history; Notes 327 $a6. Innovation, the State and Patient CapitalIntroduction; Headed in the wrong direction; Orthodox economic theory and the 'market failure' approach; The state as a key actor in the innovation system; Public rewards for public risk-taking; Patient capital: the role of state on how to better align risks and rewards investment banks; Conclusion; Notes; 7. Investment-led Growth: A Solution to the European Crisis; Introduction; Underinvestment and economic stagnation in Europe; The current EU policy framework; A proposal for investment-led European recovery; Projected impacts of the proposals 327 $aConclusionAppendix: The Cambridge Alphametrics Model (CAM); Acknowledgements; Notes; 8. Inequality and Economic Growth; Introduction; The great rise of inequality; Explaining inequality; The price of inequality; Reversing inequality; Conclusion: redefining economic performance; Acknowledgements; Notes; 9. The Paradoxes of Privatisation and Public Service Outsourcing; Introduction; The limits to competition; The mutual convertibility of economic and political resources; Conclusion: capitalism and democracy; Notes; 10. Decarbonisation: Innovation and the Economics of Climate Change 327 $aIntroductionThe challenge to capitalism; The challenge to economics; Innovation and growth; Path-dependence and innovation; Economic models; Climate change policy; Conclusion; Notes; 11. Capitalism, Technology and a Green Global Golden Age: The Role of History in Helping to Shape the Future; Introduction: growth without technology or sustainability without growth?; Technological revolutions and economic development; ICT and the green direction; 'Green growth', development, jobs and inequality; A radical reshaping of the policy framework; Acknowledgements; Notes; Index 327 $aEnd User License Agreement 410 0$aPolitical Quarterly Monograph Series 606 $aCapitalism 606 $aSustainable development 606 $aEconomic development$xEnvironmental aspects 615 0$aCapitalism. 615 0$aSustainable development. 615 0$aEconomic development$xEnvironmental aspects. 676 $a330.12/2 702 $aJacobs$b Michael 702 $aMazzucato$b Mariana 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aVIDEO 912 $a9910816373503321 996 $aRethinking capitalism$91503528 997 $aUNINA