Liberating economics from ideologies and dystopia : towards proper debate / George Kararach (Visiting Professor in Practice, Firoz Lalji Institute for Africa, The London School of Economics and Political Science, UK and Lead Economist, African Development Bank Group, Abidjan, Cote d'Ivoire).

Format:

Book

Author/Creator:

Kararach, George, author.

Contributor:

Edward Elgar Publishing, publisher.

Series:

New directions in modern economics series

Language:

English

Subjects (All):

Economics--History--21st century.

Economics.

Economic policy--History--21st century.

Economic policy.

Genre:

Electronic books.

Physical Description:

1 online resource (410 pages)

Edition:

First edition.

Place of Publication:

Northampton : Edward Elgar Publishing, 2025.

Summary:

"This perceptive book challenges orthodox and neoliberal approaches to economics, emphasizing the importance of institutions in shaping socio-economic outcomes. George Kararach underscores the need to rethink dominant paradigms in the field of economics and enhance its relevance to public policy. Exploring the societal impact of economics, Kararach sheds light on the limitations of neoliberalism and examines the effects of ethics on the evolution of alternative economic perspectives and policies. Chapters draw on detailed global case studies to present alternative proposals for a humane economy that promotes social inclusion, grounds economic theory in the social context, and integrates perspectives from the Global South. Considering how the economy can better serve society, Kararach applies heterodox methods to practical policy issues, highlighting the influence of institutional differences alongside powerful interest groups. Interdisciplinary in scope, this book is a valuable resource for students and academics in economics, development studies, public policy, governance, philosophy and political science. Its insights will also greatly benefit policymakers and practitioners working in multilateral institutions, NGOs, UN agencies, and regional economic organizations"-- Provided by publisher.

Contents:

Contents: Introduction to liberating economics from ideologies and dystopia

Part I: Economics' dominance in social science and its societal impact

1. Economics, the hegemony of the social science and society

2. Neoliberal economics and the consumer promise: The welfarist individual

3. Unemployment: The failed promise for jobs

4. Education, skills and upward immobility: The limits in self- actualisation

5. Health: The false promise for longevity and well-being

6. Climate change, resource depletion and the limits of nature

7. On the incentives and rewards: Motivation and economic activity

8. Inclusion and marginalisation: Economics on social inequalities and minorities

9. Trade and the promise of global welfare: Economics and nationalist gimmicks

10. Aid and the failure of multilateral cooperation: Greed as good intention

11. Modern economics and the failure of development

Part II: Alternative propositions and the humane economy Introduction to Part ii:

12. Economics, society and ethics in a humane context

13. Rethinking economic theory, political economy, and the new social contract

14. Disruptions and the new promise of reconfigured economy

15. Governance, economics and the prosperous society

16. On methods, history and reimagining the future of humanity

Part III: Policy considerations and the contrast of contestations Introduction to Part iii:

17. Macroeconomic policy and the importance of (in)stability

18. Markets, the state and the efficacy of competition policy

19. Labour market policies and the productive life

20. Institutions, regulatory regimes and policy

21. Growth and sustainable development policy

22. On industrial policy and economic renewal

23. Social policy and the humane economy

References.

Notes:

Includes bibliographical references and index.

Description based on print record.

ISBN:

9781035316182 (e-book)

Access Restriction:

Restricted for use by site license.