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OverviewExploring how the economy can develop and grow by upholding the social contract and giving social partners like trade unions the space and a key role in this new economy, A New Left Economics reviews the dominant neo-classical economic paradigm and provide insights into a new economic model by critically assessing the new left economics. Through revisiting Keynes and the relevance of Keynesian economic thinking today, von Brockdorff and Spiteri argue for going beyond GDP to a more social model based on welfare, reclaiming the word ‘welfare’ from neoclassical economics in the process. Incentivising the social economy enterprise model is also key to this new paradigm shift - the focus is never on curbing economic activity, but rather on making it work for more people to generate greater welfare. These could include cooperatives and employee-owned models, right through to certain circular economy models that promote social wellbeing. This is an accessible and intriguing text focusing on new left economics, revisiting and modernising Keynesian economic thinking to frame a basis for an economy with a strong social focus. Full Product DetailsAuthor: Philip von Brockdorff (University of Malta, Malta) , Jonathan Spiteri (University of Malta, Malta)Publisher: Emerald Publishing Limited Imprint: Emerald Publishing Limited Dimensions: Width: 15.20cm , Height: 0.80cm , Length: 22.90cm Weight: 0.245kg ISBN: 9781804554036ISBN 10: 1804554030 Pages: 104 Publication Date: 05 April 2024 Audience: Professional and scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsChapter 1. Introduction Chapter 2. Failure of standard models Chapter 3. Adjusting the standard model to meet the challenge of the green transition Chapter 4. Unleashing social enterprises Chapter 5. The role of trade unions and collective bargaining Chapter 6. Concluding thoughtsReviewsAuthor InformationPhilip von Brockdorff is Associate Professor of Economics in the Faculty of Economics, Management and Accountancy at the University of Malta and Rector’s Delegate for the Gozo Campus. His areas of specialisation include Public Sector Economics, Cost Benefit Analysis, Transport Economics and Economics of Ageing Populations. Jonathan Spiteri is a Senior Lecturer within the Department of Insurance at the University of Malta. Jonathan’s research interests include environmental economics and sustainability, public health, risk, and behavioural science. Tab Content 6Author Website:Countries AvailableAll regions |