scholarly journals Capitalism and COVID-19: Crisis at the Crossroads

2020 ◽  
Vol 26 (3) ◽  
Author(s):  
Syed Mansoob Murshed
Keyword(s):  
Developing Countries ◽  
Liberal Democracy ◽  
Golden Age ◽  
Economic Inequality ◽  
Paradigm Shifts ◽  
Capitalist System

AbstractExistential threats, such as the COVID-19 pandemic, have historically engendered intellectual paradigm shifts, and even systemic transformations in the economy and polity. This paper focuses on two inter-related phenomena: rising economic inequality and the diminution of liberal democracy, a feature common to both developed and developing countries set in the context of a ubiquitous and globalized capitalism. In the post-pandemic world, we need to harness the positive dimensions of the powerful capitalist system to lower inequality and build a newer world akin to an earlier golden age of capitalism.

Dynamics of Child Mortality Inequality

2018 ◽  
Vol 108 ◽  
pp. 348-352
Author(s):  
Tom S. Vogl
Keyword(s):  
Developing Countries ◽  
Child Mortality ◽  
Child Death ◽  
Economic Inequality ◽  
Mortality Decline ◽  
Economic Research ◽  
Household Surveys ◽  
Economic Progress ◽  
Mortality Inequality

Half a century of economic research asks how economic inequality evolves during aggregate economic progress. I extend this literature to quantify inequality in the incidence of child death across mothers and study its evolution during aggregate mortality decline. Data from 238 household surveys in 79 developing countries show that as child mortality falls in aggregate, it becomes more unequally distributed across mothers.

scholarly journals Democratic Stability: A Long View

2020 ◽  
Vol 23 (1) ◽  
pp. 59-75
Author(s):  
Federica Carugati
Keyword(s):  
Economic Growth ◽  
Twentieth Century ◽  
Developing Countries ◽  
Liberal Democracy ◽  
Ancient Athens ◽  
Democratic Stability ◽  
Developed Nations ◽  
Shared Norms

What are the sources of democratic stability? The evidence from three modern waves suggests that stability rests on economic growth, strong states, and liberal institutions. But can we secure democratic stability beyond liberalism? This question is relevant to those developing countries that have little hope, and perhaps little interest in liberal democracy. But it is also increasingly relevant to those developed nations where the achievements of the twentieth-century liberal order are being eroded. This article takes a fresh look at democratic stability by reviewing the evidence from the last two and a half millennia. Particular attention is devoted to the case of ancient Athens, which highlights the importance of alignment between shared norms and appropriately designed institutions. Athens’ case suggests that goods that we usually associate with modern liberal democracy do not necessarily rely on a given set of values and do not have a unique institutional manifestation.

Marxism and The End of History and the Last Man: A Critical Review

2000 ◽  
Vol 12 (1) ◽  
Author(s):  
Nuhu O. Yaqub
Keyword(s):  
Liberal Democracy ◽  
Capitalist System ◽  
End Of History ◽  
Liberal Democratic ◽  
Core Concepts ◽  
Democratic System ◽  
The End Of History ◽  
Last Man ◽  
The One ◽  
The Last Man

This review of The End of History and the Last Man sets out to achieve two major objectives: first, to establish whether or not the collapse of the Soviet state system and the alleged triumph as well as reconsolidation of liberal democracy have finally sounded the death knell of Marxism as a body of thought and a guide to action. The paper tries to achieve thisobjective by examining some of the core concepts of Marxism e.g., alienation and exploitation; inequality and freedom; the question of the state; and the nature of imperialism to see the extent to which they have been made otiose by the alleged triumph of liberal democratic system. The evidence emerging from their analyses, however, is not only the correctness and profundity of the position of Marx and his disciples Engels, Lenin, Stalin, Hoxher, Castro, Cabral, Fanon, Mao, Machel, etc. but that as long as Fukuyama attempts to mystify the insidiousness of the capitalist cum liberal democracy visavis alienation and exploitation of the worker on the one hand, and the predatoriness of imperialism over other peoples and lands on the other, so long shall the unscientific assertions and assumptions of the book continue to be subjected to critical pulverizations and attacks. Arising from this conclusion, the second and related objective is to exhort workers in both the advanced capitalist and the superexploited Third World countries towards greater and more focused struggles to bring down the moribund capitalist system, which is to be replaced with socialism/communism

scholarly journals BRIDGING ECONOMIC INEQUALITY GAP IN DEVELOPING COUNTRIES: A DIAGNOSIS OF OBSTACLES AND OPPORTUNITIES IN THE CONTEXT OF UGANDA

2020 ◽  
Vol 5 (1) ◽  
pp. 1-11
Author(s):  
Daniel Wandera Clief Naku
Keyword(s):  
Developing Countries ◽  
Literature Review ◽  
Gini Coefficient ◽  
Economic Inequality ◽  
The State ◽  
The Political ◽  
Unique Contribution ◽  
Political Will ◽  
Policy Makers ◽  
The Government

Purpose: Economists argue that a nation will never survive morally or economically when so few have so much, while so many have so little. In the context of Uganda where the level of economic inequality is high as revealed by the present gini coefficient of 0.42, the purpose of this paper was to explore obstacles making it difficult to bridge economic inequality in the country and the possible opportunities that could be capitalized on so as to bridge this gap. Methodology: The study employed an extended literature review to explore the state of economic inequality in Uganda, the obstacles to dealing with the problem of economic inequality and the possible opportunities for addressing economic inequality in Uganda Findings: Study findings show that economic inequality in Uganda is a chronically growing problem that will need more than just policies and regulations to deal with it. In this regard, political will and commitment by both the government of Uganda and its citizens are essential factors in this struggle. Unique contribution to theory, practice and policy: The paper recommends that the political will and commitment of the prevailing leadership and policy makers in Uganda will be vital in bridging economic inequality gap in the country.  

Global Studies and Education in Developing Countries: Road-mapping Interdisciplinarity for Sustainable Development

2021 ◽  
Vol 8 (2) ◽  
pp. 724-729
Author(s):  
Akeem Amodu
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
21St Century ◽  
Teaching And Learning ◽  
Developed Countries ◽  
Academic Disciplines ◽  
Global Studies ◽  
Paradigm Shifts ◽  
The Developed Countries ◽  
Road Mapping

The education landscape in the 21st Century is witnessing global paradigm shifts. Emergent pedagogic practices are redefining hitherto compartmentalized systems of teaching and learning. With the advances in technology and the attendant expansions of the frontiers of knowledge - through the processes of digitalization and globalization -, the hitherto intellectual boundaries between disciplines are increasingly becoming blurred and of little or no relevance to contemporary scholarship. Emergent 21st century scholarship in the developed countries is characterized by a continued break down of intellectual barriers or walls between academic disciplines. A critical look at the courses being offered by academic institutions in the developed countries reflect interdisciplinarity: Global Studies; History and Philosophy of Sustainable Development (HPSD); and, History and Philosophy of Science (HPS) among others. A similar look at the curricular of most departments of higher institutions in developing countries however reveals holding on to traditional departmentalizations that characterized scholarship prior the commencement of the 21st century. With particular reference to the discipline Global Studies, we shall in this paper analytically discuss the emergent phenomenon of interdisciplinary scholarship as a means of road-mapping and repositioning academic departments and disciplines for sustainable development in developing countries. The paper argumentatively recommends frameworks for reforming the largely monodisciplinary education service delivery system in developing countries. In particular, the paper analytically asserts that interdisciplinarity has the potentials of engendering imperative solutions to the myriad of developmental challenges confronting developing nations across the globe.

The Postwar Settlement

2014 ◽  
Author(s):  
Daniel Stedman Jones
Keyword(s):  
Great Britain ◽  
Liberal Democracy ◽  
The United States ◽  
The Political ◽  
Top Down ◽  
Capitalist System ◽  
System P ◽  
Policy Elite ◽  
Franklin Roosevelt ◽  
Political Settlement

This chapter describes the contours and limits of the political settlement in Great Britain and the United States in the middle of the twentieth century. It shows how at the heart of both New Deal liberalism and the British Liberal and Labour reforms was a happy conception of the state so long as its power was in the hands of an enlightened and expert policy elite. The famous Brain Trust around Franklin Roosevelt and the progressive liberal civil service personified by Beveridge and Keynes fit exactly this notion of top-down reform for the benefit of society as a whole. The progressive liberal project was not revolutionary; it was born of a desire to preserve and defend liberal democracy and the capitalist system.

Influence of technological innovations on economic inequality in developed and developing countries

2020 ◽  
Vol 13 (6) ◽  
pp. 595
Author(s):  
Valeria D. Dmitrieva ◽  
Anna I. Yakovleva ◽  
Valeriy V. Glebov ◽  
Ekaterina P. Petukhova ◽  
Aleksey V. Shpakov
Keyword(s):  
Developing Countries ◽  
Economic Inequality ◽  
Technological Innovations
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