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Mindful Economics: How the US Economy Works, Why It Matters, and How It Could Be Different

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Mindful Economics: How the US Economy Works, Why It Matters, and How It Could Be Different Cover

 

Synopses & Reviews

Publisher Comments:

Are the huge profits garnered by corporations each year a case of a few bad apples in the business world taking advantage of unmonitored dealings? Is this consolidation of wealth made at the expense of the overall economy and the well-being of the average citizen? Will the planet be saved by developing more “green businesses” and “green-collar” jobs?

Joel Magnuson delivers a powerful response to the current misconceptions about the US economy in his brilliantly accessible Mindful Economics. The troubles we face are not the result of a good system gone awry, but rather a system that is built to do exactly what it is doing: corporations are designed to reap profits for shareholders—at any cost. The greater welfare of society, or of the environment, will never be as important as financial gain. Magnuson shows us the relationship between the current wars abroad; rising oil prices; the recession; ballooning incomes of top CEOs; the mortgage crisis; and the health care, insurance, and auto industries, and he teaches us that the best way to understand the US economy is to think like an economist. With stunning clarity, Magnuson shows the interconnectedness of the local with the global, and offers real alternatives to this capitalist model.

"Joel Magnuson has written an excellent guide to one of the most deliberately mystified fields of human endeavor. If you ever wondered what all those words and concepts mean, this is the book to turn to. And though I don't agree with all his prescriptions for making things better, they're great spurs to both talk and action." --Doug Henwood, editor of Left Business Observer, and author of Wall Street and After the New Economy

Joel Magnuson, a professor of economics, writes extensively on the political economy and on environmental issues related to capitalist development. He is a member of an international research group based in Cambridge, England, which is building a new philosophical foundation for economic theory and practice, known as mindful economics.

Synopsis:

A guide to surviving capitalism in the new century.

About the Author

Joel Magnuson, a professor of economics, writes extensively on the political economy and on environmental issues related to capitalist development. He is a member of an international research group based in Cambridge, England, which is building a new philosophical foundation for economic theory and practice.

Table of Contents

Preface: a time of danger and opportunity — Introduction — Economic systems — The cash nexus: households, corporations and the market system — Conflict in the cash nexus: labor unions and business associations — Government and the ascent of capitalism — The US financial system part 1: money and banks — The US financial system part 2 : Wall Street, stocks, and bonds — America's umbilical cord: the international economy — The US capitalist machine — The growth imperative: prosperity or poverty — Sweet delight and endless night: polarization in America — Financial market instability — The mindful economy part 1: redrawing the institutional map — The mindful economy part 2 : mindful ownershipand mindful finance — The mindful economy part 3: mindful economics and sustainable practices — Conclusion: toward a mindful economy.

Product Details

ISBN:
9781583229927
Publisher:
Seven Stories Press
Subject:
Political Science : Economic Conditions
Author:
Magnuson, Joel
Subject:
Business & Economics : Economics - Theory
Subject:
History
Subject:
Capitalism
Subject:
Economic Conditions
Subject:
Economics - Theory
Subject:
Economics - Macroeconomics
Subject:
Public Policy - Economic Policy
Subject:
United States--Economic conditions--2001-
Subject:
Capitalism -- United States -- History.
Subject:
Economics - General
Subject:
Economics-US Economy
Subject:
Politics - General
Subject:
Business & Economics : Economics - Macroeconomics
Subject:
Political Science : Public Policy - Economic Policy
Subject:
Business & Economics : General
Subject:
Business & Economics : Government & Business
Subject:
Business & Economics : Development - Sustainable Development
Subject:
Philosophy : Buddhist
Subject:
General Business & Economics
Subject:
Government & Business
Subject:
main_subject
Subject:
all_subjects
Publication Date:
April 2010
Binding:
eBooks
Language:
English
Pages:
432

Related Subjects

Business » Accounting and Finance
Business » Business Law
Business » General
Business » Management
Business » Manufacturing and Product Development
Business » Writing
History and Social Science » Economics » General
History and Social Science » Politics » General
Humanities » Philosophy » General

Mindful Economics: How the US Economy Works, Why It Matters, and How It Could Be Different
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Product details 432 pages Seven Stories Press - English 9781583229927 Reviews:
"Synopsis" by , A guide to surviving capitalism in the new century.
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