A Culture of Growth

A Culture of Growth
Author: Joel Mokyr
Publisher: Princeton University Press
Total Pages: 417
Release: 2016-11-15
Genre: Business & Economics
ISBN: 0691168881

Why Enlightenment culture sparked the Industrial Revolution During the late eighteenth century, innovations in Europe triggered the Industrial Revolution and the sustained economic progress that spread across the globe. While much has been made of the details of the Industrial Revolution, what remains a mystery is why it took place at all. Why did this revolution begin in the West and not elsewhere, and why did it continue, leading to today's unprecedented prosperity? In this groundbreaking book, celebrated economic historian Joel Mokyr argues that a culture of growth specific to early modern Europe and the European Enlightenment laid the foundations for the scientific advances and pioneering inventions that would instigate explosive technological and economic development. Bringing together economics, the history of science and technology, and models of cultural evolution, Mokyr demonstrates that culture—the beliefs, values, and preferences in society that are capable of changing behavior—was a deciding factor in societal transformations. Mokyr looks at the period 1500–1700 to show that a politically fragmented Europe fostered a competitive "market for ideas" and a willingness to investigate the secrets of nature. At the same time, a transnational community of brilliant thinkers known as the “Republic of Letters” freely circulated and distributed ideas and writings. This political fragmentation and the supportive intellectual environment explain how the Industrial Revolution happened in Europe but not China, despite similar levels of technology and intellectual activity. In Europe, heterodox and creative thinkers could find sanctuary in other countries and spread their thinking across borders. In contrast, China’s version of the Enlightenment remained controlled by the ruling elite. Combining ideas from economics and cultural evolution, A Culture of Growth provides startling reasons for why the foundations of our modern economy were laid in the mere two centuries between Columbus and Newton.

Economic Ideas, Policy and National Culture

Economic Ideas, Policy and National Culture
Author: Eelke de Jong
Publisher: Routledge
Total Pages: 172
Release: 2021-11-14
Genre: Business & Economics
ISBN: 1000476480

All human beings develop a certain view on the world. Inhabitants of the same country are likely to develop similar worldviews. The common part of these views constitutes the country’s national culture. Consequently, academic economists, policymakers, and the population at large are consistently exposed to the same opinions on the preferred way of organizing an economy. This book explores the economic impacts of these shared cultural values, focusing on the economies of the United States of America, Germany, and France. These three countries broadly represent three different types of economic organization and their corresponding economic ideologies: a free market economy, a coordinated market economy, and a hierarchical market economy. The contributors to this edited volume have examined the extent to which the shared worldviews between academic economists, policymakers, and the wider population impact these economies. In particular, the chapters investigate the consequences for the design of the labor market, the financial system, competition policy, and monetary policy. The work also explores the extent to which the shared views on national culture and economic systems and policies in these countries contribute to the population’s well-being overall. This book makes an invaluable contribution to the literature on comparative economics, economic policy, well-being and cultural economics.

Community, Culture, and Economic Development

Community, Culture, and Economic Development
Author: Meredith Ramsay
Publisher: SUNY Press
Total Pages: 188
Release: 1996-01-01
Genre: Business & Economics
ISBN: 9780791427491

A comparative study of economic development policy, and its relationship with local power structures and cultural and social relations, in two Maryland towns that have rejected development.

Community, Culture, and Economic Development, Second Edition

Community, Culture, and Economic Development, Second Edition
Author: Meredith Ramsay
Publisher: State University of New York Press
Total Pages: 206
Release: 2013-12-02
Genre: Political Science
ISBN: 1438448880

Community economic development is conventionally explained using one of two models: a market model that assumes individuals always attempt to maximize their wealth, or a growth model that assumes land use is controlled by real estate developers who invariably pursue outside investment as a way of increasing land values and creating jobs and opportunities. In the first edition of Community, Culture, and Economic Development, Meredith Ramsay's close study of two small towns on Maryland's Lower Shore demonstrated that neither model can explain why these communities, alike in so many ways, responded so differently to economic decline or why archaic hierarchies of race, class, and gender remain deeply embedded and poverty seems nearly intractable. Ramsay showed how the lack of economic progress in Somerset, Maryland's poorest county, can best be explained by factoring history, culture, and social relations into the investigator's research. In this second edition she discusses changes that have taken place in the county since the early 1990s, including the dramatic legal victory of the "Somerset Six" and the Maryland ACLU, which ultimately paved the way for the election of an African American to a top county position for the first time in history.

Culture, Society, Economy

Culture, Society, Economy
Author: Don Robotham
Publisher: SAGE
Total Pages: 196
Release: 2005-03-30
Genre: Social Science
ISBN: 1847871585

′Robotham offers here a clear-headed exposé of the limits of classical liberalism in the face of world production today. His theme is both urgent and iconoclastic. There is an unusual clarity about the exposition and a drive that comes from passionate engagement combined with long experience, reading and reflection′ - Keith Hart, Goldsmiths College, London In Culture, Society and Economy, Don Robotham examines the failure of recent social theory to grasp the problems of globalization and the emergence of corporate monopoly capital, and sets out his own argument for a radical solution. He argues that the neglect of economics by both cultural studies and social theory has weakened the ability to develop viable alternatives to present day capitalist globalization. With deep awareness of, and reference to, current events and contemporary trends, the author presents a detailed critique of: - cultural studies, in particular Stuart Hall and Paul Gilroy; - Giddens′ theory of ′risk society′; - Scott Lash and John Urry′s ′economies of signs and space′; - Manuel Castells′ theory of ′network society′. The final chapters make a unique argument that the solution to the problems of globalization lies in more globalization rather than adopting an anti-globalization or ′localization′ position. Don Robotham proposes more effective centralized institutions for governing the world economy, in other words - world government.

The Economy of Prestige

The Economy of Prestige
Author: James F. English
Publisher: Harvard University Press
Total Pages: 444
Release: 2008-12-15
Genre: Social Science
ISBN: 9780674018846

This is a book about one of the great untold stories of modern cultural life: the remarkable ascendancy of prizes in literature and the arts. Such prizes and the competitions they crown are almost as old as the arts themselves, but their number and power--and their consequences for society and culture at large--have expanded to an unprecedented degree in our day. In a wide-ranging overview of this phenomenon, James F. English documents the dramatic rise of the awards industry and its complex role within what he describes as an economy of cultural prestige. Observing that cultural prizes in their modern form originate at the turn of the twentieth century with the institutional convergence of art and competitive spectator sports, English argues that they have in recent decades undergone an important shift--a more genuine and far-reaching globalization than what has occurred in the economy of material goods. Focusing on the cultural prize in its contemporary form, his book addresses itself broadly to the economic dimensions of culture, to the rules or logic of exchange in the market for what has come to be called "cultural capital." In the wild proliferation of prizes, English finds a key to transformations in the cultural field as a whole. And in the specific workings of prizes, their elaborate mechanics of nomination and election, presentation and acceptance, sponsorship, publicity, and scandal, he uncovers evidence of the new arrangements and relationships that have refigured that field.

Global Cultural Economy

Global Cultural Economy
Author: Christiaan De Beukelaer
Publisher: Routledge
Total Pages: 259
Release: 2018-09-21
Genre: Social Science
ISBN: 1317209044

Global Cultural Economy critically interrogates the role cultural and creative industries play in societies. By locating these industries in their broader cultural and economic contexts, Christiaan De Beukelaer and Kim-Marie Spence combine their repertoires of empirical work across four continents to define the ‘cultural economy’ as the system of production, distribution, and consumption of cultural goods and services, as well as the cultural, economic, social, and political contexts in which it operates. Each chapter introduces and discusses a different theme, such as inclusion, diversity, sustainability, and ownership, highlighting the tensions around them to elicit an active engagement with possible and provisional solutions. The themes are explored through case studies including Bollywood, Ghanaian music, the Korean Wave, Jamaican Reggae, and the UN Creative Economy Reports. Written with students, researchers, and policy-makers in mind, Global Cultural Economy is ideal for anyone interested in the creative and cultural industries, media and cultural studies, cultural policy, and development studies.

Culture and Economy After the Cultural Turn

Culture and Economy After the Cultural Turn
Author: Larry Ray
Publisher: SAGE
Total Pages: 292
Release: 1999-10-28
Genre: Social Science
ISBN: 9780761958178

Traditionally social science treated culture as a peripheral issue, but the last twenty years have witnessed a cultural turn throughout the social sciences. Culture is now at the core of debate. Culture and Economy After the Cultural Turn examines the impact of the cultural turn for the social sciences in relation to the decline of interest in economic aspects of society. It presents a number of responses to the changing relationship between culture and economy, and to the way in which the cultural turn has sought to understand it. Contributors from a wide range of disciplines present differing views oon these matters in relation to issues of political sensibilities and movements, equality and recognition, `cultural manageme

Economic Lives

Economic Lives
Author: Viviana A. Zelizer
Publisher: Princeton University Press
Total Pages: 495
Release: 2010-09-27
Genre: Social Science
ISBN: 1400836255

Revealing the human side of economic life Over the past three decades, economic sociology has been revealing how culture shapes economic life even while economic facts affect social relationships. This work has transformed the field into a flourishing and increasingly influential discipline. No one has played a greater role in this development than Viviana Zelizer, one of the world's leading sociologists. Economic Lives synthesizes and extends her most important work to date, demonstrating the full breadth and range of her field-defining contributions in a single volume for the first time. Economic Lives shows how shared cultural understandings and interpersonal relations shape everyday economic activities. Far from being simple responses to narrow individual incentives and preferences, economic actions emerge, persist, and are transformed by our relations to others. Distilling three decades of research, the book offers a distinctive vision of economic activity that brings out the hidden meanings and social actions behind the supposedly impersonal worlds of production, consumption, and asset transfer. Economic Lives ranges broadly from life insurance marketing, corporate ethics, household budgets, and migrant remittances to caring labor, workplace romance, baby markets, and payments for sex. These examples demonstrate an alternative approach to explaining how we manage economic activity—as well as a different way of understanding why conventional economic theory has proved incapable of predicting or responding to recent economic crises. Providing an important perspective on the recent past and possible futures of a growing field, Economic Lives promises to be widely read and discussed.