In the context of the prevailing abundance of diversity (biological, ethnic), the profound social inequalities, and the trends and attitudes of hegemonic forces in Latin America, a coherent process of environmental governance is proving difficult and environmental injustice is aggravated.
The era of money manager capitalism has called into question the contemporary relevance of the going concern theory of the business enterprise, which frames much of heterodox microeconomic thinking.
The conventional explanation of raising income inequality is often referred to as the skills-biased towards technical change hypothesis. Global forces have led to structural economic changes in which we now have a two-tiered economy…
This work shows that the reduction of income inequality as a central element to improve the quality of life of society is an important component of the structuralist tradition in development economics.
This essay proposes the implementation of a federally funded, locally organized Job Guarantee (JG) program in the United States. It begins by discussing how unemployment is a full-scale ‘social psychological’ crisis in the U.S. today.
This paper seeks to frame a new economic strategy for the United States while taking into account a range of development-related impediments to the country’s recent macroeconomic performance. It is argued here that three important themes need to come to center stage…
Traditional financial theory is driven by a narrow set of values—namely that only financial risk and financial return matter. Quite clearly, investments—whether projects or companies—produce a much broader set of outcomes than this…
Early supporters of the minimum wage couched their arguments in terms of achieving greater productivity and efficiency. Some of the early management theorists like Frederick Winslow Taylor talked about how overall efficiency could be improved if management undertook to make second class workers into first class workers.
Foreign Direct Investment, FDI, is often, it is argued, one of the ways developing economies have to develop faster and catch up with developed economies, from which most of the FDI activities come from. There are complications…
The Double-Bubble economic crises that defined the first fourteen years of the 21st Century called into question the ‘American Dream’. The post WWII ‘Golden Age’ economic structure was undercut by a complex and prolonged period of crisis and restructuring beginning in the early 1970s.