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Capital as Will and Imagination

Capital as Will and Imagination
Author: Mark D. Metzler
Publisher: Cornell University Press
Total Pages: 317
Release: 2013-04-15
Genre: History
ISBN: 080146790X

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Joseph Schumpeter’s conceptions of entrepreneurship, innovation, and creative destruction have been hugely influential. He pioneered the study of economic development and of technological paradigm shifts and was a forerunner of the emerging field of evolutionary economics. He is not thought of as a theorist of credit-supercharged high-speed growth, but this is what he became in postwar Japan. As Mark Metzler shows in Capital as Will and Imagination, economists and planners in postwar Japan seized upon Schumpeter’s ideas and put them directly to work. The inflationary creation of credit, as theorized by Schumpeter, was a vital but mostly unrecognized aspect of the successful stabilization of Japanese capitalism after World War II and was integral to Japan’s postwar success. It also helps to explain Japan’s bubble, and the global bubbles that have followed it. The heterodox analysis presented in Capital as Will and Imagination goes beyond the economic history of postwar Japan; it opens up a new view of the core circuits of modern capital in general.


The Code of Capital

The Code of Capital
Author: Katharina Pistor
Publisher: Princeton University Press
Total Pages: 315
Release: 2020-11-03
Genre: Business & Economics
ISBN: 0691208603

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"Capital is the defining feature of modern economies, yet most people have no idea where it actually comes from. What is it, exactly, that transforms mere wealth into an asset that automatically creates more wealth? The Code of Capital explains how capital is created behind closed doors in the offices of private attorneys, and why this little-known fact is one of the biggest reasons for the widening wealth gap between the holders of capital and everybody else. In this revealing book, Katharina Pistor argues that the law selectively "codes" certain assets, endowing them with the capacity to protect and produce private wealth. With the right legal coding, any object, claim, or idea can be turned into capital - and lawyers are the keepers of the code. Pistor describes how they pick and choose among different legal systems and legal devices for the ones that best serve their clients' needs, and how techniques that were first perfected centuries ago to code landholdings as capital are being used today to code stocks, bonds, ideas, and even expectations--assets that exist only in law. A powerful new way of thinking about one of the most pernicious problems of our time, The Code of Capital explores the different ways that debt, complex financial products, and other assets are coded to give financial advantage to their holders. This provocative book paints a troubling portrait of the pervasive global nature of the code, the people who shape it, and the governments that enforce it."--Provided by publisher.


The World as Will and Representation, Vol. 1

The World as Will and Representation, Vol. 1
Author: Arthur Schopenhauer
Publisher: Courier Corporation
Total Pages: 575
Release: 2012-04-24
Genre: Philosophy
ISBN: 0486132781

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Volume 1 of the definitive English translation of one of the most important philosophical works of the 19th century, the basic statement in one important stream of post-Kantian thought.


Capital as Will and Imagination

Capital as Will and Imagination
Author: Mark Metzler
Publisher: Cornell University Press
Total Pages: 320
Release: 2013-04-09
Genre: History
ISBN: 0801467918

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With this book, Mark Metzler continues his investigation into the economic history of twentieth-century Japan that he began in Lever of Empire. In Capital as Will and Imagination, he focuses on the successful stabilization of Japanese capitalism after the Second World War. How did a defeated and heavily damaged nation manage reconstruction so rapidly? What economic beliefs resulted in the "miracle" years of high-speed economic growth? Metzler argues that the inflationary creation of credit was key to Japan's postwar success-and its eventual demise due to its instability over the long term. To prove his case, Metzler explores heterodox ideas about economic life , in particular Joseph Schumpeter's realization that inflation is intrinsic to capitalist development. Schumpeter's ideas, widely ignored within standard American neoclassical economic theory, were shaped by his experience of Austria's reconstruction after 1918. They were highly influential in Japan, and Metzler traces their impact in the period from the Allied Occupation, starting in 1945, through the Income Doubling Plan of 1960. Japan after defeat, Metzler argues, illustrates the critical importance of inflationary credit creation for increased production.


Crises of Imagination, Crises of Power

Crises of Imagination, Crises of Power
Author: Max Haiven
Publisher: Zed Books Ltd.
Total Pages: 191
Release: 2014-03-13
Genre: Art
ISBN: 1780329555

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Today, when it seems like everything has been privatized, when austerity is too often seen as an economic or political problem that can be solved through better policy, and when the idea of moral values has been commandeered by the right, how can we re-imagine the forces used as weapons against community, solidarity, ecology and life itself? In this stirring call to arms, Max Haiven argues that capitalism has colonized how we all imagine and express what is valuable. Looking at the decline of the public sphere, the corporatization of education, the privatization of creativity, and the power of finance capital in opposition to the power of the imagination and the growth of contemporary social movements, Haiven provides a powerful argument for creating an anti-capitalist commons. Capitalism is not in crisis, it is the crisis, and moving beyond it is the only key to survival. Crucial reading for all those questioning the imposition of austerity and hoping for a fairer future beyond it.


Capital in the Twenty-First Century

Capital in the Twenty-First Century
Author: Thomas Piketty
Publisher: Harvard University Press
Total Pages: 817
Release: 2017-08-14
Genre: Business & Economics
ISBN: 0674979850

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What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.


The Coming Age of Imagination

The Coming Age of Imagination
Author: Phil Teer
Publisher: Unbound Publishing
Total Pages: 137
Release: 2020-02-06
Genre: Technology & Engineering
ISBN: 1783528028

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Every adult paid a living wage. No strings attached. Universal basic income is a very old idea that is fast becoming the radical idea of the twenty-first century. It could eradicate poverty and avoid a much-predicted dystopian future of automation and high unemployment – but it could also have an unexpected effect: an explosion of mass creativity. Phil Teer draws insights from the creative and entrepreneurial effects of basic income experiments and weaves them into stories of how the Romantic poets invented consumerism; artists regenerated cities like New York, Glasgow and Berlin; and creative geniuses like David Bowie, Bob Dylan, Kurt Vonnegut, Haruki Murakami and many others liberated their creative spirits and transformed their lives. The Coming Age of Imagination is a creative manifesto for universal basic income. When we no longer have to worry about money, we have the opportunity to be creative on a mass scale. Simply put, basic income changes everything.


Enriching The Sociological Imagination

Enriching The Sociological Imagination
Author: Rhonda F. Levine
Publisher: BRILL
Total Pages: 368
Release: 2004-01-01
Genre: Social Science
ISBN: 9004139923

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This unique book presents classical articles from "The Insurgent Sociologist" along with critical reflections by their distinguished authors. The Introduction contextualizes radical sociology of the 1970s.The conclusion provides an agenda for a critical sociology that is both public and scientific.


The Radical Imagination

The Radical Imagination
Author: Doctor Alex Khasnabish
Publisher: Bloomsbury Publishing
Total Pages: 282
Release: 2014-06-12
Genre: Political Science
ISBN: 1780329032

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The idea of the imagination is as evocative as it is elusive. Not only does the imagination allow us to project ourselves beyond our own immediate space and time, it also allows us to envision the future, as individuals and as collectives. The radical imagination, then, is that spark of difference, desire and discontent that can be fanned into the flames of social change. Yet what precisely is the imagination and what might make it 'radical'? How can it be fostered and cultivated? How can it be studied and what are the possibilities and risks of doing so? This book seeks to answer these questions at a crucial time. As we enter into a new cycle of struggles marked by a worldwide crisis of social reproduction, scholar-activists Max Haiven and Alex Khasnabish explore the processes and possibilities for cultivating the radical imagination in dark times. A lively and crucial intervention in radical politics, social research and social change, and the collective visions and cultures that inspire them.


Capital Moves

Capital Moves
Author: Jefferson Cowie
Publisher: Cornell University Press
Total Pages: 286
Release: 2019-01-24
Genre: Political Science
ISBN: 1501723561

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Find a pool of cheap, pliable workers and give them jobs—and soon they cease to be as cheap or as pliable. What is an employer to do then? Why, find another poor community desperate for work. This route—one taken time and again by major American manufacturers—is vividly chronicled in this fascinating account of RCA's half century-long search for desirable sources of labor. Capital Moves introduces us to the people most affected by the migration of industry and, most importantly, recounts how they came to fight against the idea that they were simply "cheap labor." Jefferson Cowie tells the dramatic story of four communities, each irrevocably transformed by the opening of an industrial plant. From the manufacturer's first factory in Camden, New Jersey, where it employed large numbers of southern and eastern European immigrants, RCA moved to rural Indiana in 1940, hiring Americans of Scotch-Irish descent for its plant in Bloomington. Then, in the volatile 1960s, the company relocated to Memphis where African Americans made up the core of the labor pool. Finally, the company landed in northern Mexico in the 1970s—a region rapidly becoming one of the most industrialized on the continent.