This book provides a detailed analysis and counter-poses alternative Neo-Marxist "unequal exchange" foundational models of global trade and finance. In the first part of the book the three core free trade models are respectively demonstrated to be: overdetermined, inapplicable, and infeasible. In the second part of the book unequal exchange analyses of global trade are shown to provide logically coherent and useful insights into global trade and finance. In the third and final part of the book, this unequal exchange perspective is used, within a general "Demand and Cost" setting to develop a…mehr
This book provides a detailed analysis and counter-poses alternative Neo-Marxist "unequal exchange" foundational models of global trade and finance. In the first part of the book the three core free trade models are respectively demonstrated to be: overdetermined, inapplicable, and infeasible. In the second part of the book unequal exchange analyses of global trade are shown to provide logically coherent and useful insights into global trade and finance. In the third and final part of the book, this unequal exchange perspective is used, within a general "Demand and Cost" setting to develop a set of global managed trade principles for a more equitable and sustainable world trade regime.Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Ron Baiman teaches economics in the MBA program at Benedictine University, U.S. He has written numerous academic and policy papers, served for many years on the Editorial Board of the Review of Radical Political Economics, and is the author of The Morality of Radical Economics: Ghost Curve Ideology and the Value Neutral Aspect of Neoclassical Economics, and co-author and co-editor of the Choice award winning collection: Political Economy and Contemporary Capitalism.
Inhaltsangabe
List of figures List of tables Acknowledgements 1 Introduction PART I The illogical foundations of free trade ideology 2 The infeasibility of free trade in classical theory: Ricardo's comparative advantage parable has no solution 3 The limits of free trade in Neoclassical theory: from Heckscher-Ohlin to unequal exchange 4 Globally sustainable and balanced international trade based on exchange-rate adjustment is mathematically unstable and therefore economically infeasible PART II The logical (and moral) foundations of unequal exchange trade theory 5 Unequal exchange without a labor theory of prices: on the need for a global Marshall Plan and solidarity trading regime 6 Unequal exchange and the rentier economy PART III Globalization that supports human and planetary well-being 7 Toward a new political economy for the U.S. 8 There is no alternative to managed global trade Index
List of figures List of tables Acknowledgements 1 Introduction PART I The illogical foundations of free trade ideology 2 The infeasibility of free trade in classical theory: Ricardo's comparative advantage parable has no solution 3 The limits of free trade in Neoclassical theory: from Heckscher-Ohlin to unequal exchange 4 Globally sustainable and balanced international trade based on exchange-rate adjustment is mathematically unstable and therefore economically infeasible PART II The logical (and moral) foundations of unequal exchange trade theory 5 Unequal exchange without a labor theory of prices: on the need for a global Marshall Plan and solidarity trading regime 6 Unequal exchange and the rentier economy PART III Globalization that supports human and planetary well-being 7 Toward a new political economy for the U.S. 8 There is no alternative to managed global trade Index
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