Contents
Tables and Figures
Acknowledgements
1 There are Alternatives
Neo-liberalism and alternatives
Plan of this book
The political context of economic alternatives
The limits of state action
I: Neo-liberal Myths and the Meaning of Markets
2 International Commerce and Economic Development
The context: current globalization
Neo-liberal theory
Historical experience: a brief sketch
Re-examining the theory of international trade and investment
Globalization and development options
3 Economic Growth and the Distribution of Income
What's been happening to income distribution?
The neo-liberal justification of inequality
Income inequality and economic growth: the record
Why is relative income equality good for economic growth?
Income distribution and growth: what are the lessons?
4 The Social Construction of Markets
The construction of markets: illustrations
Market basics
Where markets come from: the role of the state
The role of markets in economic development
II: A Strategy for Democratic Economic Development
5 The Bases of a Democratic Alternative: Definitions and Context
Democratic economic development
The context for alternatives
6 Macroeconomic Foundations of a Democratic Strategy
Where can the money come from?
The feasibility of higher taxes
The need for capital controls
7 Social Programmes as the Core of a Democratic Strategy
The core of democratic development
Education in a democratic development strategy
Other social programmes and democratic development
8 Democratic Development and the Shaping of Private Activity
Some principles for directing the private sector
Pushing towards a technological 'high road'
The value of local production
III: Conclusions
9 Power and Politics in the Pursuit of Democratic Development
The agents of change
The globalization of politics
References
Index
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
R
S
T
U
V
W