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Aesthetic Capitalism offers an innovative analysis of contemporary capitalism and its use of image, symbolism, creativity and other aesthetic elements to produce economic value.

The growing centrality of risk management in pro-market governance raises important questions regarding how risks are produced, and why? Who and what is included in, and excluded from, risk management, and why? And, what is the relationship between the rise of risk management and neoliberalism? Drawing on various political economy approaches, this volume addresses these questions by examining - both analytically and empirically - diverse meanings and practices of risk management across a range of scales and themes ranging from austerity to climate change to housing and debt. The authors investigate the relationship between shifts in contemporary capitalism and the ways in which neoliberal forms of risk management have emerged, been reproduced and normalized, and, transformed historically.

The growing centrality of risk management in pro-market governance raises important questions regarding how risks are produced, and why? Who and what is included in, and excluded from, risk management, and why? And, what is the relationship between the rise of risk management and neoliberalism? Drawing on various political economy approaches, this volume addresses these questions by examining - both analytically and empirically - diverse meanings and practices of risk management across a range of scales and themes ranging from austerity to climate change to housing and debt. The authors investigate the relationship between shifts in contemporary capitalism and the ways in which neoliberal forms of risk management have emerged, been reproduced and normalized, and, transformed historically.

Over the last decade, political economists and other macro-oriented scholars have increasingly focused on the comparative specificities of distinct capitalist systems. Mostly, these systems are studied as national systems. Such models of capitalism are often studied with reference to various institutional dimensions: financial systems, labour relations, welfare state institutions, corporate governance, economic policy making, etc. This volume brings innovative and synthetic contributions combining as many as these institutional dimensions as possible. The issue contains papers by Robert Boyer, A. Tylecote & F. Visintin, Chris McNally & William Lazonick. It also contains a special section based on a contribution by Michael Shalev, "Limits and alternatives to multiple regression in comparative political economy", which addresses techniques of analysing the variety of political-economic constellations in a methodological way. Shalev's views are critically scrutinized by a number of leading scholars, including Charles Ragin, Ro Rothstein, Gosta Esping-Andersen, Jonas Pontusson and others.

"This book examines the dynamic ways in which millions of ethnic Chinese in East and Southeast Asian economies organize their economic activities. It analyses how Chinese capitalism has changed under conditions of contemporary globalization and anticipates what the future holds for it. The book challenges the conventional notion of Chinese capitalism as 'crony capitalism' based around kinship networks and untouched by globalization. Yeung argues rather that key actors are capable of taking advantage of their participation in globlization processes to significantly transform the nature and organization of Chinese capitalism in East and Southeast Asia. He concludes that the system that is emerging is neither distinctively Chinese nor converging towards the Anglo-American form of capitalism, but a hybrid of both."--Half title page

Cover -- Half Title -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- Preface -- 1 Noncomparative justifications -- Marginal product as contribution -- Capitalist contribution as entrepreneurial activity -- Interest as time preference -- Interest as reward for waiting -- Profit as reward for risk -- Capitalism as just because it is just -- 2 Terms of comparison -- Capitalism: Laissez Faire -- Socialism: Economic Democracy -- 3 Capitalism or socialism?: efficiency -- The efficiency strengths of Laissez Faire -- How efficient is Economic Democracy? -- A comparison: X-efficiency -- Trouble for Laissez Faire: unemployment -- More trouble: the sales effort -- 4 Capitalism or socialism?: growth -- Innovation, risk, and reward: the entrepreneurial spirit -- What kind of growth? -- How fast to grow? -- Instability -- 5 Capitalism or socialism?: liberty, equality, democracy, autonomy -- Liberty -- Equality -- Democracy -- Meaningful work -- 6 Modern liberalism -- Keynesian-liberal "Fair Capitalism" -- Post-Keynesian "New Liberalism" -- 7 Transitions -- From advanced capitalism -- From command socialism -- From neocolonial underdevelopment -- 8 Other socialisms -- Command socialism -- Technocratic market socialism -- Marketless participatory socialism -- 9 Marxian reflections -- Communism -- Marxian paradoxes, Marxian hope -- Bibliography -- Index -- About the Book and Author

Capitalism, what went wrong? -- Economics: a very concise history -- Adam Smith, morality, money, and markets -- Karl Marx, a critique of capitalism -- Max Weber, the Protestant ethic and the spirit of capitalism -- Postmodern capitalism -- Utopia or redemption? -- God and Mammon, a biblical perspective -- Theology and economics -- Common grace, wisdom, and virtue -- Faith, hope, and love, reclaiming the theological virtues -- Redeeming capitalism from the bottom up -- Redeeming capitalism from the top down