The Abcs Of Political Economy: A Modern Approach
by Robin Hahnel
The ABCs of Political Economy is an accessible introduction to modern political economy. While informed by the work of Marx, Keynes, Veblen, Kalecki and other great political economists, Robin Hahnel teaches the reader the essential tools necessary to understand economic issues today from a modern perspective, searching for ways to replace the economics of competition and...more
Hardcover, 320 pages
Published November 20th 2002 by Pluto Press
(first published 2002)
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May 28, 2009 Jennifer rated it 5 of 5 stars · review of another edition
This is an overview of economic theory from the point of view of a radical political economist. Hahnel includes a few chapters with simple economic models -- by this I mean that he describes an aspect of an economic system in an equation or set of equations that illuminates the relationships between different aspects of the system; for example, in one model he demonstrates mathematically why, if resources are not distributed equally to begin with, a credit or wage market will tend to increase ef...more
Jun 03, 2012 Rob rated it 4 of 5 stars · review of another edition
(9/10) More than just an introductory textbook, what Robin Hahnel offers up with The ABCs of Political Economy is an entirely different starting place for economics. He lays the groundwork here for a kind of leftist economics system that escapes both the oversights of conventional capitalist economics and the formalism of Marxist approaches, creating a system which is primarily concerned with *gasp* the way in which people actually live. Before this I had written off contemporary economics as mo...more
A fantastic overview of contemporary radical economics. Hahnel presents a solid framework for understanding the meaning of economic justice, a penetrating critique of markets and private ownership of the means of production, and a strong debunking of the myths about capitalist globalization. This book is an invaluable resource for leftists who want to effectively debate and analyze economic issues.
I passed over many of this book's chapters due to unshared economic assumptions and/or mathematical demands, but its chapter four on the Laws of Supply and Demand provided a wonderful explanation of the radical individualism inherent in free market analyses. This discussion will stick with me nicely.
Alternatif bir piyasa önerisi nasıl olur ve Adam Smith'den bu yana piyasada var olan aksaklıklar,türlü kandırmacalar nelerdir,bunları öğrenmek adına temel oluşturan güzel bir kitap...Ancak çok uç fikirlerin öne sürüldüğünü de kabul etmek lazım...
Robin Hahnel is clearly the best writer in the Parecon crew. Even if you don't agree with everything, his clarity and reasoning is always welcome. He manages to explain a host of economic models in a way where everyone can understand.