scholarly journals FROM URBAN-INDUSTRIAL ECONOMY TO METROPOLITAN-FINANCIAL ECONOMY

Mercator ◽  
2016 ◽  
Vol 15 (4) ◽  
pp. 7-14
Author(s):  
Eudes Leopoldo
2021 ◽  
pp. 092137402110143
Author(s):  
Walter D. Mignolo

“Market” in the past 500 years became synonymous with “capitalist market” (mercantile economy, industrial economy, technological and financial economy, market democracy). Before 1500 all organization of people living together (civilizations or cultures) had their own places to exchange within the communal and between nearby communities, all over the planet, not only in Europe. They did not go away. They are not pre-capitalist places of exchange. They are co-existing non-capitalist places of exchange. “Market” is the word used—since the 12 century—in Western vernacular languages to name the place of a meeting at a fixed time for exchanging livestock and provisions. By the 12th century medieval European “markets” where equivalent to all existing similar places of exchanges among co-existing civilizations. The constitution of the Western modern/colonial “market” in the 16th century (an experience the Adam Smith theorized in the second half of the eighteenth century), destituted all existing equivalent places of exchange. The task now is the decolonial reconstitution of communal places exchanges, reconstitution that is already under way, which implies gnoseological (knowing) and aesthesic (sensing, emotioning) praxis of living.


2020 ◽  
pp. 120-139
Author(s):  
T. N. Belova

Foreign trade policy and its role in the economic growth of the national economy are considered through the prism of history and comparison of the formation of the industrial economy in the Russian Empire and the North American United States. The author compares the protectionism of D. I. Mendeleev, described in his economic works, and the free trade thinking of the American scholar W. Sumner, who formulated the “misconceptions” of protectionism. Mendeleev’s proper protectionism is grounded on the basic principles (incentivizing internal competition, growth of consumption, bringing up of new industries ), which are relevant for contemporary Russia. The author gives a typical example of the formation and decline of the factory industry using the case of mirror factories in the Ryazan province. These historical analogies, the paper argues, are necessary for the correct assessment of the current situation and for coming up with valid solutions aimed at the development of the Russian economy.


Author(s):  
William R. Thompson ◽  
Leila Zakhirova

This chapter introduces the issue of how systemic leadership and energy are intertwined. One compound question is: How did we shift from a primarily agrarian economy to a primarily industrial economy, and how did this shift shape world politics? We develop an interactive model of the significant factors involved in this change, not all of which necessarily had an equal impact in each single case. A second set of questions involve the linkages between the systemic leadership that emerged from these historical processes and the global warming crisis of the twenty-first century. How is systemic leadership linked to the crisis in the first place? What is systemic leadership’s likely role in responding to the crisis?


Author(s):  
Aled Davies

This chapter concerns the politics of managing the domestic banking system in post-war Britain. It examines the pressures brought to bear on the post-war settlement in banking during the 1960s and 1970s—in particular, the growth of new credit creating institutions and the political demand for more competition between banks. This undermined the social democratic model for managing credit established since the war. The chapter focuses in particular on how the Labour Party attempted in the 1970s to produce a banking system that was competitive, efficient, and able to channel credit to the struggling industrial economy.


Author(s):  
Alessandro Cigno

AbstractWe show that the descendants of ancient farmers may have an interest in marrying among themselves, and thus maintaining the gendered division of labour originally justified on comparative-advantage grounds by the advent of the plough, even after they emigrate to a modern industrial economy where individual productivity depends on education rather than physical characteristics. The result rests on the argument that, if efficiency requires the more productive spouse to specialize in raising income, and the less productive one in raising children, irrespective of gender, an efficient domestic equilibrium will be implemented by a costlessly enforceable pre-marital contract stipulating that the husband should do the former and the wife the latter. A contract may not be needed, however, if time spent with children gives direct utility, because an efficient equilibrium may then be characterized by little or no division of labour.


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