Endogenous budget constraints
In: Mathematical social sciences, Band 88, S. 11-15
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In: Mathematical social sciences, Band 88, S. 11-15
In: The Problem-solving Capacity of the Modern State, S. 198-217
In: Forum for social economics, Band 40, Heft 2, S. 179-195
ISSN: 1874-6381
In: Inequality and the State, S. 236-260
In: A Measure of Freedom, S. 219-245
In: Middle East international: MEI, Band 586, S. 11-12
ISSN: 0047-7249
In: The annals of the American Academy of Political and Social Science, Band 492, Heft 1, S. 61-68
ISSN: 1552-3349
Concern about competitiveness in high technology has induced the European countries to pursue a policy of accelerated modernization. Raising the level of investment has become first priority, which implies reduced individual and social consumption and a distributive bias in favor of capital at the expense of wages, government revenues, and externalities, or environment. In addition, labor-saving innovations in process technology are speeded up without demand for final products being allowed to rise proportionally. The policy model is therefore bound to tolerate mass unemployment. Worldwide, the neomercantilist strategy creates large-scale overcapacity and leads to a race of competitive downward adjustments vis-à-vis increasing low-cost competition. The preferable alternative for Europe is a combination of Continent-wide free trade and controlled external trade in order to achieve both industrial modernization and economic growth.
In: The annals of the American Academy of Political and Social Science, Band 492 (July), S. 61
ISSN: 0002-7162
In: The Jerusalem quarterly, S. 122-144
ISSN: 0334-4800
In: Probation journal: the journal of community and criminal justice, Band 24, Heft 1, S. 2-9
ISSN: 1741-3079
In: International journal / Canadian Institute of International Affairs, Band 29, Heft 3, S. 350-355
ISSN: 2052-465X
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In: Varieties of Capitalism in Southeast Asia, S. 9-32