Article
Исторические лабиринты политической экономии: заметки по поводу неочевидного юбилея
The article analyses historical and scientific contexts of the genesis and evolution of polical economy in a connection with 400-sentenary jubilee of the term "Political economy" ("l'economie politique"). The origin of political economy is explicated as a result of formating of the modern capitalist world-system and rivalry for hegemony within the world-system core
In the present article forecasts of China's upcoming development are given. It is shown why China, even with all its possible future success, will be unable to take the USA's place in the World System. The merits and shortcomings of the characteristics of the modern Chinese economic development model are revealed. The conclusion is made that the Chinese economy, with all its achievements, remains generally extensive and, based on the consumption of excessive numbers of various resources and funds and with respect to the attendant investment gain, will become more and more ineffective. The author believes that it will be impossible to reconstruct the Chinese development model and GDP growth rates will slow down soon.
The monograph analyses both the Great Depression as "the black years" of capitalist world-system and alternative ways out the greatest crisis of the capitalist economy. Authors give main attention F.D. Roosevelt's "New Deal" as the Great Reform in USA but they considers also alternative European ways out the Great Depression (fascism versus liberalism corrected). A special attention is dedicated to mutual influence of Soviet and American economies during socialist industrialisation and "New Deal".
The paper analyzes the classical and neoclassical assumptions concerning the effect of the natural and the institutional environments on the comparative welfare of various countries. The distinction is considered between the preindustrial and industrial societies as to their natural and institutional conditions.
The present article considers the process of the formation, development and weakening of the world order based on the American hegemony. The ori-gins of the current world order are analyzed. The article presents the analysis of the characteristic features and methods applied by the USA to maintain their position in the world. The author shows how globalization has become more favorable for developing countries than for the developed ones. The gradually forming conviction in the inevitable weakening of the US leadership positions is also analyzed. The article describes the characteristics of the current situation in international relations as a situation of a started reconfiguration of the World-System. The latter should mean the coming of the epoch of turbulence and formation of new coalitions. There will take place a transition to a more sustainable world order which will be a difficult task. The second article will consider the direction and ways of the formation of this new world order, the possible principles and mechanisms of its establishment.
Written on the occasion of the 50th anniversary of the publication of Piero Sraffa's Production of Commodities by Means of Commodities, the papers selected and contained in this book accounts for the work completed around the two central aspects of his contribution to economic analysis, namely the criticism of the neoclassical (or 'marginalist') theory of value and distribution, and the reconstruction of economic theory along the lines of the Classical approach. Divided into three volumes, the book debates the most fruitful routes for advancements in this field and their implications for applied and policy analysis. The third volume collects papers concerning the interpretation of Sraffa's contribution, its relation with other streams in economic thinking, methodological debates and the history of economic thought or the evolution of his views both in general and on specific themes.
In the present article forecasts of China's upcoming development are given. It is shown why China, even with all its possible future success, will be unable to take the USA's place in the World System. The merits and shortcomings of the characteristics of the modern Chinese economic development model are revealed. The conclusion is made that the Chinese economy, with all its achievements, remains generally extensive and, based on the consumption of excessive numbers of various resources and funds and with respect to the attendant investment gain, will become more and more ineffective. The author believes that it will be impossible to reconstruct the Chinese development model and GDP growth rates will slow down soon.
The present volume thus serves as a timely sequel to the aforementioned Volume 5. A mix of established and young scholars from the United States, Europe, and Asia, explore theoretical, conceptual, and empirical aspects of contemporary global leadership and hegemony. The structure of the volume is based on Susan Strange’s influential approach to understanding global power relations and a central theme of the volume is the need for careful empirical work that is theoretically informed. Strange specified four interrelated dimensions of structural power: finance, production, knowledge, and security. The analysis of key developments within each of these spheres provides a comprehensive understanding of the dynamics of contemporary U.S. hegemony, its putative decline, and the nature of the emergent world order. Following an introductory chapter that reviews the history and theoretical importance of the concept of hegemony, part I explores the future of the dollar, the linchpin of U.S. hegemony since 1945: Can the dollar retain its supremacy, or will it take its place alongside the euro and the renminbi in an emergent multipolar monetary system? Part II shifts the focus to production. Here the chapters explore the complex dynamics of shifting territorial base of production alongside the patterns of multinational corporate ownership. What is the significance of the two rising production and export powerhouses, Germany and China? Who will control the future of global production? Part III shifts the focus to knowledge. What is “soft power” and who has it? What role does Hollywood play in shaping global consciousness? Is the United States destined to lose its scientific and technological leadership? Finally, part 4 explores the emerging security structure. Is U.S. military dominance eroding? What is the significance of the “pivot” to Asia? Does China seek to augment its economic development with a corresponding military reach? What are the nature and limits of Russia’s challenge to U.S. power?