The Heterodox Theory of Social Costs
By K. William Kapp
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 ben…
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Produktdetails
Weitere Autoren: Berger, Sebastian (Hrsg.)
- ISBN: 978-1-317-68236-3
- EAN: 9781317682363
- Produktnummer: 19573022
- Verlag: Taylor & Francis Ltd.
- Sprache: Englisch
- Erscheinungsjahr: 2015
- Seitenangabe: 180 S.
- Plattform: EPUB
- Masse: 2'422 KB
- Abbildungen: 1 schwarz-weiße Abbildungen, 1 schwarz-weiße Zeichnungen
Über den Autor
K. William Kapp (1910-1976) was a German-American economist, one of the founders of Ecological Economics, a leading contributor to the institutional economics movement, and author of The Social Costs of Business Enterprise.Sebastian Berger is a Senior Lecturer of Economics at the University of the West of England, winner of the 2009 Helen Potter Award (Association for Social Economics), and trustee of the Kapp Foundation.
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