Contemporary Economic Theory

1. Front Matter

   Pages i-xxix

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2. Contemporary Economic Theory: Some Critical Issues

   1. Contemporary Economic Theory: Some Critical Issues

      • Andriana Vlachou, Georgios K. Christou

      Pages 1-37

3. The Critique of the Neoliberal Economic Paradigm

   1. Front Matter

      Pages 39-39

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   2. Privatization: Theory with Lessons from the United Kingdom

      • Ben Fine, Stavros Mavroudeas, Lefteris Tsoulfidis

      Pages 41-71

   3. Limiting the State versus Expanding it: A Criticism of this Debate

      • Richard D. Wolff, Anwar M. Shaikh

      Pages 72-88

   4. Explaining Inflation and Unemployment: An Alternative to Neoliberal Economic Theory

      • Anwar M. Shaikh, Thanassis Maniatis, Nikos Petralias

      Pages 89-112

   5. Revisioning Socialism: The Cherry Esplanade Conjecture

      • David Laibman, Richard D. Wolff, Dimitris Milonakis

      Pages 113-142

4. European Monetary and Economic Union

   1. Front Matter

      Pages 143-143

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   2. The Single Currency: Prospects and Problems

      • Georgios Katiphoris

      Pages 145-158

   3. Financial Governance and Democratic Consolidation: The Dual Challenge of the EU

      • Louka T. Katseli

      Pages 159-172

   4. Capitalist Globalization and Economic and Monetary Union

      • Gugliemo Carchedi, George Liodakis, John Milios

      Pages 173-204

   5. Central Bank Independence: Problematic Theory and Empirical Evidence

      • Costas Lapavitsas

      Pages 205-219

   6. Is There any Alternative to the Current EMU Project?

      • Jörg Huffschmid, Panos Tsakloglou, Guglielme Carchedi

      Pages 220-251

5. Back Matter

   Pages 253-263

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Leading international scholars challenge neoliberalism on its assumptions, way of reasoning and empirical evidence. In particular, they discuss critically, from the standpoint of radical perspectives, the issues of limiting the state and privatization, inflation and unemployment, and the possibility of a socialist society. They also discuss the current project for the monetary and economic union (EMU) of Europe, considered as an application of neoliberalism. They assess and question the internal market, the common currency and central bank independence; and investigate alternatives to the EMU project and the marketization agenda.

• economic theory
• employment
• globalization
• integration
• neoliberalism
• privatization
• socialism
• unemployment

"The book deserves to be read by all who are interested in the recent ascendance of Neoliberalism..." - Claude Gnos, Review of Political Economy

• Athens University of Economics and Business, Greece

  Andriana Vlachou

GUGLIELMO CARCHEDI Faculty of Economics and Econometrics, University of Amsterdam BEN FINE Professor of Economics, University of London JÖRG HUFFSCHMID Professor of Political Economy and Economic Policy, University of Bremen GEORGIOS KATIPHORIS Senior Lecturer, University College London LOUKA T. KATSELI Professor of Economics, University of Athens KOSTAS LAPAVITSAS Lecturer in Economics, University of London DAVID LAIBMAN Professor of Economics at Brooklyn College, University of New York GEORGE LIODAKIS Professor of Economics, Technical University of Crete THANASSIS MANIATIS Researcher, Center for Planning and Economic Research STAVROS MAVROUDEAS Assistant Professor of Political Economy, University of Macedonia JOHN MILIOS Associate Professor of Political Economy, National Technical University, Athens DIMITRIS MILONAKIS Lecturer in Economics, University of Crete NIKOS PETRALIAS Professor of Political Economy, University of Athens ANWAR M. SHAIKH Professor of Economics, New School for Social Research PANOS TSAKLOGLOU Assistant Professor of Economics, Athens University of Economics and Business LEFTERIS TSOULFIDIS Assistant Professor of Economics, University of Macedonia RICHARD WOLFF Professor of Economics, University of Massachusetts

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