The Heterodox Theory of Social Costs: By K. William Kapp - Routledge Advances in Heterodox Economics - K. William Kapp - Libros - Taylor & Francis Ltd - 9781138775473 - 6 de agosto de 2015
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The Heterodox Theory of Social Costs: By K. William Kapp - Routledge Advances in Heterodox Economics 1.º edición

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K. William Kapp's heterodox theory of social costs proposes precautionary planning to pre-empt social costs and provide social benefits via socio-ecological safety standards that guarantee the gratification of basic human needs.

Based on arguments from Thorstein Veblen, Karl Marx, and Max Weber, social costs are conceptualized as systemic and large-scale damages caused by markets. Kapp refutes neoclassical solutions, such as bargaining, taxation, and tort law, unmasking them as ineffective, inefficient, inconsistent, and too market-obedient.

The chapters of this book present the social costs of markets and neoclassical economics, the social benefits of environmental controls, development planning, and the governance of science and technological standards. This book demonstrates the fruitfulness of the heterodox theory of social costs as a coherent framework to develop effective remedies for today's urgent socio-ecological crises.

This volume is suitable for readers at all levels who are interested in the theory of social costs, heterodox economics, and the history of economic thought.


180 pages, 1 black & white illustrations, 1 black & white line drawings

Medios de comunicación Libros     Hardcover Book   (Libro con lomo y cubierta duros)
Publicado 6 de agosto de 2015
ISBN13 9781138775473
Editores Taylor & Francis Ltd
Páginas 166
Dimensiones 150 × 220 × 20 mm   ·   385 g
Lengua Inglés  
Editor Berger, Sebastian (University of the West of England, UK)

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