A new left economics : an economy with a social conscience

Exploring how the economy can develop and grow by upholding the social contract and giving social partners like trade unions the space and a key role in this new economy, A New Left Economics reviews the dominant neo-classical economic paradigm and provide insights into a new economic model by criti...

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Bibliographic Details
Main Authors Von Brockdorff, Philip (Author), Spiteri, Jonathan (Author)
Format Electronic eBook
LanguageEnglish
Published Leeds : Emerald Publishing Limited, 2024.
SeriesEmerald points.
Subjects
Online AccessFull text
ISBN9781804554043
1804554049
1804554030
9781804554036
DOI10.1108/9781804554029
Physical Description1 online resource (112 pages)

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245 1 2 |a A new left economics :  |b an economy with a social conscience /  |c Philip von Brockdorff, Jonathan Spiteri. 
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490 1 |a Emerald points 
500 |a Includes index. 
504 |a Includes bibliographical references. 
505 0 |a Chapter 1. Introduction -- Chapter 2. Failure of standard models -- Chapter 3. Adjusting the standard model to meet the challenge of the green transition -- Chapter 4. Unleashing social enterprises -- Chapter 5. The role of trade unions and collective bargaining -- Chapter 6. Concluding thoughts. 
520 |a Exploring how the economy can develop and grow by upholding the social contract and giving social partners like trade unions the space and a key role in this new economy, A New Left Economics reviews the dominant neo-classical economic paradigm and provide insights into a new economic model by critically assessing the new left economics. Through revisiting Keynes and the relevance of Keynesian economic thinking today, von Brockdorff and Spiteri argue for going beyond GDP to a more social model based on welfare, reclaiming the word 'welfare' from neoclassical economics in the process. Incentivising the social economy enterprise model is also key to this new paradigm shift - the focus is never on curbing economic activity, but rather on making it work for more people to generate greater welfare. These could include cooperatives and employee-owned models, right through to certain circular economy models that promote social wellbeing. This is an accessible and intriguing text focusing on new left economics, revisiting and modernising Keynesian economic thinking to frame a basis for an economy with a strong social focus. 
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650 0 |a Public welfare. 
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