Rethinking the market economy : new challenges, new ideas, new opportunities / Jean-Jacques Lambin, Università degli studi di Milano-Bicocca, Italy, and Université catholique de Louvain, Louvain-la-Neuve, Belgium.

Format:

Book

Author/Creator:

Lambin, Jean-Jacques, 1933- author.

Language:

English

Subjects (All):

Capitalism.

Industrial organization (Economic theory).

Physical Description:

xii, 299 pages : illustrations (black and white) ; 23 cm

Place of Publication:

Basingstoke : Palgrave Macmillan, 2014.

Summary:

The 2008 crisis has shaken public trust in the market economy and several economists believe that, to drive recovery, new models of capitalism must be embraced. Will society develop and implement a new balance between state, business and society? How can we amend the capitalist system dominated by the neo-liberal doctrine and adopt economic mutations without altering the core principles of a free market economy? Rethinking the Market Economy explores the changing socio-economic and technological landscape of the twenty-first century and what it means for the firm. The lack of vision of tomorrow's political economy system generates uncertainties and undermines the democratization process of Europe and the World Economy. This book adopts an industrial economic approach and is clearly business-oriented, whilst proposing a road map leading to the adoption of a 'societal market economy' model as an appealing and politically acceptable 'third way' between capitalism and socialism. The main shortcomings of conventional capitalism are presented with their managerial implications for the market-oriented firm. The analysis is transversal and intersects with different kinds of disciplines: economy, sociology, political science, social psychology, strategic management, giving to the reader an interdisciplinary and comprehensive coverage of the topic. This book is well documented and provides a good coverage of the academic and professional related literature. Book jacket.

Contents:

1 The Market Economy System in Question 1

2 A Stabilized and Regulated Financial Market 13

3 A Sustainable Economy 29

4 A Green Economy 59

5 An Innovative Economy 87

6 A Global and Local Economy 111

7 A Knowledge-Based Economy 133

8 A Digital and Networking Economy 147

9 A Distributed and Collaborative Economy 165

10 A Social Economy 185

11 A Humanistic Market Economy 197

12 Happiness and Well-Being 221

13 State-Led Market Economy 245

14 Toward a Societal Market Economy 261.

Notes:

Includes bibliographical references and index.

ISBN:

9781137392893

1137392894

OCLC:

879385145