Statecraft and the Political Economy of Capitalism 1st Edition by Scott Nelson, Joel Shelton ISBN  3031159705  978-3031159701

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ISBN 10:  3031159705
ISBN 13: 978-3031159701
Author: Scott Nelson, Joel Shelton 

Rising inequality, the advance of far-right populism, ecological and climatic catastrophe and the scourge of global pandemic disease – these are among the defining crises of our time. Addressing the governing challenges posed by each requires a more expansive vision of the scope and possibilities of state action than political scientists and economists have furnished to date. In Statecraft and the Political Economy of Capitalism political economists Scott G. Nelson and Joel T. Shelton examine several key social and political dynamics of advanced capitalism for insights into the fate of equality, community and solidarity. In chapters addressing divergent problems and spanning several centuries, statecraft is presented as a conceptual lens through which the art and practice of public action is continually rearticulated in response to the shifting economic, social and political conditions of a given epoch. The authors examine several consequential moments in the long tradition of political economy in relation to the governing predicaments of the present day, highlighting those predicaments that bear upon the well-being of all people, especially society’s most vulnerable. The book thus reintroduces the creative and purposive aspects of governing to the study and practice of Political Economy, a field that has been too preoccupied with technical, institutional and procedural aspects of economic management. Framing problems of governing national and global economies in relation to the craft of the state means searching out continuities between capitalism’s early promise and present peril.

Statecraft and the Political Economy of Capitalism 1st Table of contents:

• Introduction

  • 1.1 Defining Statecraft and Political Economy
  • 1.2 The Relationship Between the State and Capitalism
  • 1.3 Theoretical Framework: Historical Materialism, Liberalism, and Keynesianism
  • 1.4 Purpose and Scope of the Book

• The Origins and Evolution of Capitalism

  • 2.1 The Birth of Capitalism: From Feudalism to Industrialization
  • 2.2 The Role of the State in Capitalist Development
  • 2.3 Key Historical Phases of Capitalism: Mercantilism, Industrial Capitalism, and Neoliberalism
  • 2.4 The Globalization of Capitalism: Impacts and Challenges

• Statecraft and the Formation of Capitalist Economies

  • 3.1 The Role of the State in Economic Development
  • 3.2 Theories of State Intervention: Laissez-faire vs. Interventionist Models
  • 3.3 Capitalist Institutions: Property Rights, Markets, and Corporations
  • 3.4 Regulation, Welfare, and the Role of the State in Capitalist Economies

• The Political Economy of Capitalist Markets

  • 4.1 Market Structures: Competition and Monopoly
  • 4.2 Financialization and Its Effects on Capitalism
  • 4.3 Labor and Capital: Class Dynamics and Capital Accumulation
  • 4.4 The Global Economy: Trade, Investment, and Capital Mobility

• The State’s Role in Shaping Economic Policy

  • 5.1 Fiscal and Monetary Policy: Managing the Capitalist Economy
  • 5.2 Economic Crises: State Responses to Financial Instability
  • 5.3 Social Policy and the Welfare State: Balancing Economic Growth and Social Equity
  • 5.4 Statecraft and the Regulation of Industries: Balancing Growth and Stability

• Political Ideologies and Capitalism

  • 6.1 Liberalism, Conservatism, and Capitalism: Ideological Foundations
  • 6.2 The Rise of Neoliberalism and Its Impact on Statecraft
  • 6.3 Socialism, Communism, and the Challenge to Capitalist Statecraft
  • 6.4 Populism and the Political Economy of Capitalism Today

• Globalization, State Sovereignty, and Capitalism

  • 7.1 The Decline of State Sovereignty in a Globalized World
  • 7.2 Multinational Corporations and the Shifting Power Dynamics
  • 7.3 Trade Agreements and Global Capital Flows
  • 7.4 The Role of International Institutions: IMF, World Bank, WTO

• The Future of Capitalism and Statecraft

  • 8.1 The End of Capitalism? Theories of Post-Capitalist Futures
  • 8.2 Reforming Capitalism: Progressive Approaches to Economic Justice
  • 8.3 Technological Innovation and the Changing Nature of Capitalism
  • 8.4 Climate Change, Sustainability, and the State’s Role in the Future Economy

• Conclusion

  • 9.1 The Ongoing Relationship Between Statecraft and Capitalism
  • 9.2 A Critical Reflection on the Political Economy of Capitalism
  • 9.3 Towards a New Political Economy?

• References

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Scott Nelson,Joel Shelton,Political Economy,Capitalism