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Reviving the invisible hand : the case for classical liberalism in the twenty-first century / Deepak Lal.

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LIBRA JC574 .L35 2006
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Format:
Book
Author/Creator:
Lal, Deepak.
Language:
English
Subjects (All):
Liberalism.
Capitalism.
Globalization.
Physical Description:
xii, 320 pages : illustrations ; 24 cm
Place of Publication:
Princeton : Princeton University Press, [2006]
Contents:
The Origins of "Capitalism" 1
Globalization 9
Chapter 1 Liberal International Economic Orders 17
Mercantilism 20
The Nineteenth-Century LIEO 22
Pax Britannica and Economic Development 32
The End of the First LIEO 36
Recreating a New LIEO 40
Chapter 2 From Laissez Faire to the Dirigiste Dogma 48
Classical Liberalism and Laissez Faire 48
Poverty and Industrialization in Nineteenth-Century Britain 52
"Manna from Heaven" Distributivism 53
Competition and Monopoly 56
The Rise of "Embedded Liberalism" in the United States 59
Chapter 3 The Changing Fortunes of Free Trade 62
The Rise, Fall, and Rise of Free Trade 62
U.S. Economic Policy 65
The New Protectionism 68
The Rise of Preferential Trading Arrangements 71
Another Globalization Backlash? 80
Adjustment Assistance? 85
Whither the WTO? 86
Appendix Free Trade and Laissez Faire in Theory 91
Chapter 4 Money and Finance 95
International Monetary Regimes 97
International Capital Flows 105
The Global Financial Infrastructure 122
Chapter 5 Poverty and Inequality 127
Poverty Head Counts 128
Income Gaps 135
Foreign Aid 139
Chapter 6 Morality and Capitalism 150
Analytical Framework 151
Changing Material and Cosmological Beliefs 154
Communalism versus Individualism 157
From Victorian Virtues to Modern Values 160
Modernization and Westernization 165
Chapter 7 "Capitalism with a Human Face" 182
Justice and Freedom 183
Rights 185
Social Paternalism and Dirigisme 187
Moral Paternalism and the New Victorians 189
Capitalism and Happiness 192
The Corporation under Attack 195
Chapter 8 The Greens and Global Disorder 205
The Rise of the NGOs 205
Sustainable Development 211
The Greens and Ecological Imperialism 214
Toward World Disorder 227.
Notes:
Includes bibliographical references (pages 279-305) and index.
ISBN:
0691125910
OCLC:
62134655
Publisher Number:
9780691125916

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