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In A Theory of Imperialism, economists Utsa Patnaik and Prabhat Patnaik present a new theory of the origins and mechanics of capitalism that sounds an alarm about its ongoing viability. Their theory centers on trade between the core economies of the global North and the tropical and subtropical countries of the global South and considers how the Northern demand for commodities (such as agricultural products and oil) from the South has perpetuated and solidified an imperialist relationship. The Patnaiks explore the dynamics of this process and discuss innovations that could allow the economies of the South to achieve greater prosperity without damaging the economies of the North. The result is an original theory of imperialism that brings to light the crippling limitations of neoliberal capitalism.A Theory of Imperialism also includes a response by David Harvey, who interprets the agrarian system differently and sees other factors affecting trade between the North and the South. Their debate is one of the most provocative exchanges yet over the future of the global economy as resources grow thin, populations explode, and universal prosperity becomes ever more elusive.

Imperialism --- Capitalism --- Colonies --- Economic aspects. --- History. --- Commerce. --- Developed countries --- Market economy --- Economics --- Profit --- Capital --- Colonialism --- Empires --- Expansion (United States politics) --- Neocolonialism --- Political science --- Anti-imperialist movements --- Caesarism --- Chauvinism and jingoism --- Militarism --- Advanced countries --- Advanced nations --- Developed nations --- Economically advanced countries --- Economically advanced nations --- First World --- Industrial countries --- Industrial nations --- Industrial societies --- Industrialized countries --- Industrialized nations --- Western countries --- Economic aspects --- History --- Commerce --- E-books

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Why do rich countries flirt with fiscal disaster? Between the 1970s and the 2000s, during times of peace and prosperity, affluent countries-like Belgium, Greece, Italy, and Japan-accumulated so much debt that they became vulnerable and exposed themselves to the risk of default. In the past three decades, an extensive scholarly consensus emerged that these problems were created by fiscal indiscipline, the lack of sufficient concern for budgetary constraints from policy makers as they try to please voters. This approach formed the foundation for the fiscal surveillance system that attempted to bring borrowing in European countries under control via a set of fiscal rules. In the Red demonstrates that the problem of sustained, large-scale debt accumulation is an adjustment issue rather than a governance failure. Irrespective of whether the original impetus for borrowing arose from exogenous changes or irresponsible decision making, policy makers invariably initiate spending cuts and/or tax increases when debt grows at an alarming rate for several years in a row. Zsófia Barta argues that explaining why some countries accumulate substantial amounts of debt for decades hinges on understanding the conditions required to allow policy makers to successfully put into place painful adjustment measures.

Debts, Public --- Developed countries --- Developed countries. --- Foreign economic relations. --- Debts, Government --- Government debts --- National debts --- Public debt --- Public debts --- Sovereign debt --- Debt --- Bonds --- Deficit financing --- Advanced countries --- Advanced nations --- Developed nations --- Economically advanced countries --- Economically advanced nations --- First World --- Industrial countries --- Industrial nations --- Industrial societies --- Industrialized countries --- Industrialized nations --- Western countries --- Political Science --- Belgium --- Fiscal policy --- Greece --- Gross domestic product --- Ireland --- Italy --- Japan --- Social security

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This book addresses key questions about whether inequality in incomes, wealth, and education have been widening in a consistent fashion across 30 rich nations, and whether this is exacerbating social problems and undermining the healthy functioning of democratic processes.

Income --- Equality. --- Wealth. --- Social aspects. --- Affluence --- Distribution of wealth --- Fortunes --- Riches --- Business --- Economics --- Finance --- Capital --- Money --- Property --- Well-being --- Egalitarianism --- Inequality --- Social equality --- Social inequality --- Political science --- Sociology --- Democracy --- Liberty --- Family income --- Household income --- Personal income --- Wealth --- Gross national product --- Profit --- Purchasing power --- Income distribution --- Equality --- Distribution of income --- Income inequality --- Inequality of income --- Distribution (Economic theory) --- Disposable income --- Social aspects --- E-books --- Developed countries. --- Industriestaaten. --- Entwickelte Länder --- Industrieländer --- Industrienationen --- Westliche Industriestaaten --- Industriestaat --- Global North --- Globaler Norden --- Schwellenländer --- Westliche Welt --- Advanced countries --- Advanced nations --- Developed nations --- Economically advanced countries --- Economically advanced nations --- First World --- Industrial countries --- Industrial nations --- Industrial societies --- Industrialized countries --- Industrialized nations --- Western countries --- Entwickelte Länder --- Industrieländer --- Schwellenländer

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The ease with which services are provided cross-border has increased considerably through the years, but this has not been reflected in the model conventions. Although this may not be an important issue when the flow of services between states is similar, it can have a huge impact on the collecting rights of states into which these services are mainly imported, such as developing countries. Nonetheless, developing countries? claims for more source taxation of services have been consistently neglected in model conventions. With the intent of analysing whether the claims of developing countries are valid, as well as examining how the current system was structured, the author studies the legal and economic theories that support source and residence taxation and the historical documents concerning model conventions drafted by the League of Nations, the OECD and the United Nations. Furthermore, to better grasp the perspective of developing countries, the author analyses the situations of Brazil and India regarding the taxation of services in their domestic legislation and in their tax treaties, comparing the provisions of the latter with the current provisions in model tax conventions.

Double taxation --- Service industries --- Industries --- International taxation (Double taxation) --- Taxation, Double --- Taxation --- Conflict of laws --- Law and legislation --- Developing countries --- Developed countries --- Advanced countries --- Advanced nations --- Developed nations --- Economically advanced countries --- Economically advanced nations --- First World --- Industrial countries --- Industrial nations --- Industrial societies --- Industrialized countries --- Industrialized nations --- Western countries --- Emerging nations --- Fourth World --- Global South --- LDC's --- Least developed countries --- Less developed countries --- Newly industrialized countries --- Newly industrializing countries --- NICs (Newly industrialized countries) --- Third World --- Underdeveloped areas --- Underdeveloped countries --- Foreign economic relations --- E-books --- Foreign trade. International trade --- Tax law

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In this book, Nobel Prize-winning economist Edmund Phelps draws on a lifetime of thinking to make a sweeping new argument about what makes nations prosper--and why the sources of that prosperity are under threat today. Why did prosperity explode in some nations between the 1820's and 1960's, creating not just unprecedented material wealth but "flourishing"--meaningful work, self-expression, and personal growth for more people than ever before? Phelps makes the case that the wellspring of this flourishing was modern values such as the desire to create, explore, and meet challenges. These values fueled the grassroots dynamism that was necessary for widespread, indigenous innovation. Most innovation wasn't driven by a few isolated visionaries like Henry Ford and Steve Jobs; rather, it was driven by millions of people empowered to think of, develop, and market innumerable new products and processes, and improvements to existing ones. Mass flourishing--a combination of material well-being and the "good life" in a broader sense--was created by this mass innovation. Yet indigenous innovation and flourishing weakened decades ago. In America, evidence indicates that innovation and job satisfaction have decreased since the late 1960's, while postwar Europe has never recaptured its former dynamism. The reason, Phelps argues, is that the modern values underlying the modern economy are under threat by a resurgence of traditional, corporatist values that put the community and state over the individual. The ultimate fate of modern values is now the most pressing question for the West: will Western nations recommit themselves to modernity, grassroots dynamism, indigenous innovation, and widespread personal fulfillment, or will we go on with a narrowed innovation that limits flourishing to a few? A book of immense practical and intellectual importance, Mass Flourishing is essential reading for anyone who cares about the sources of prosperity and the future of the West.

Economic History --- Economics --- Developed countries --- Economic conditions --- Économie politique --- Développement économique --- Capitalisme --- Histoire --- Effets des innovations technologiques --- Technological innovations --- -Creative ability in business --- Corporate state --- 331.04 --- 331.100 --- 313 --- 338.043 --- AA / International- internationaal --- Self-realization --- -338.9 --- History, Economic --- Corporations (Corporate state) --- Corporatism --- Corporative state --- Corporativism --- State, Corporate --- Political science --- Syndicalism --- Fascism --- Functional representation --- Business creativity --- Business --- Success in business --- Breakthroughs, Technological --- Innovations, Industrial --- Innovations, Technological --- Technical innovations --- Technological breakthroughs --- Technological change --- Creative ability in technology --- Inventions --- Domestication of technology --- Innovation relay centers --- Research, Industrial --- Technology transfer --- Fulfillment (Ethics) --- Self-fulfillment --- Ethics --- Satisfaction --- Success --- Economic aspects --- Langdurige bewegingen. --- Economische geschiedenis: algemeenheden. --- Levenswijze en levensstandaard. Levensminimum. sociale indicatoren (Studiën). --- Technologische vooruitgang. Automatisering. Computers. Werkgelegenheid en informatica. --- Social aspects --- Effets des innovations technologiques. --- Histoire. --- Économie politique. --- Economics. --- Economic history. --- Langdurige bewegingen --- Economische geschiedenis: algemeenheden --- Levenswijze en levensstandaard. Levensminimum. sociale indicatoren (Studiën) --- Technologische vooruitgang. Automatisering. Computers. Werkgelegenheid en informatica --- Economic theory --- Political economy --- Social sciences --- Economic man --- Advanced countries --- Advanced nations --- Developed nations --- Economically advanced countries --- Economically advanced nations --- First World --- Industrial countries --- Industrial nations --- Industrial societies --- Industrialized countries --- Industrialized nations --- Western countries --- Economic development --- Social aspects. --- Developed countries - Economic conditions - 19th century --- Developed countries - Economic conditions - 20th century --- -Economic aspects