skip to content
The heterodox theory of social costs Preview this item
ClosePreview this item

The heterodox theory of social costs

Author: K William Kapp; Sebastian Berger
Publisher: London : Routledge, 2016.
Series: Routledge advances in heterodox economics.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
In K. William Kapp's most important work, Social Costs and Social Benefits, he argued that social controls are necessary to both reduce the social costs and increase the social benefits of the economy - aspects which are neglected under a system of free enterprise. Merging arguments from Thorstein Veblen, Karl Marx and Max Weber, Kapp develops a genuinely heterodox theory that analyzes social costs as large-scale  Read more...
You are not connected to the University of Cape Town Libraries network. Access to online content and services may require you to authenticate with your library. Off-campus access
Getting this item's online copy... Getting this item's online copy...

Find a copy in the library

Getting this item's location and availability... Getting this item's location and availability...

WorldCat

Find it in libraries globally
Worldwide libraries own this item

Details

Genre/Form: Electronic books
Additional Physical Format: Print version:
Kapp, K. William.
Heterodox Theory of Social Costs : By K. William Kapp.
Hoboken : Taylor and Francis, ©2015
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: K William Kapp; Sebastian Berger
ISBN: 9781317682370 1317682378 9781315773759 1315773759 1138775479 9781138775473 9781317682356 1317682351 9781317682363 131768236X 9781138299351 1138299359
OCLC Number: 915343787
Description: 1 online resource.
Contents: Cover; Title Page; Copyright Page; Dedication; Table of Contents; Preface; 1 Introduction; 2 The planned economy and international trade; The problem of economic calculation; The critique of the economic calculus based on market prices; 3 Social costs and social returns-a critical analysis of the social performance of the unplanned market economy; Project outline; Preface 1; Preface 2; Preface addendum; Chapter 1: The inadequacy of modern economic analysis; 4 Social costs of free enterprise; 5 Social returns-a critical analysis of the social performance of the unplanned market economy. Table of ContentCollective needs and social returns; The importance of social returns in the formulation of international policies; Transportation and social returns; Social returns and multiple-purpose projects; 6 Towards a new science of political economy; Conclusions and implications; The social inefficiency of the unplanned market economy; The normative-apologetic character of orthodox and neoclassical equilibrium economics; 7 Social costs and social benefits-a contribution to normative economics; Problems of definition and classification. The objective character of social costs and social benefitsQuantification and evaluation; Social costs and social benefits: their implications for public policy and economic development; 8 Discussion between Professor Shibata and Professor Kapp by The Economist; 9 Towards a normative approach to developmental and environmental planning and decision-making; 10 Should the development process itself be seen as representing a kind of economic system in newly developing economies today?; 11 Environmental control and the market mechanism; Effluent charges, taxes, and penalties. Liability laws and property rights12 Energy and environment: inadequacy of present science and technology policies; Reactive planning vs. normative planning; Depletion by Pentagon research; The limitations of the present research system; Toward a more adequate organization of science and technology; 13 The future of economics; Index.
Series Title: Routledge advances in heterodox economics.
Responsibility: by K. William Kapp ; edited by Sebastian Berger.

Abstract:

In K. William Kapp's most important work, Social Costs and Social Benefits, he argued that social controls are necessary to both reduce the social costs and increase the social benefits of the economy - aspects which are neglected under a system of free enterprise. Merging arguments from Thorstein Veblen, Karl Marx and Max Weber, Kapp develops a genuinely heterodox theory that analyzes social costs as large-scale damages that are caused by markets and require systemic solutions. The core of this book are the chapters on the social costs of markets and neoclassical economics, the social benefit.
Retrieving notes about this item Retrieving notes about this item

Reviews

Editorial reviews

Publisher Synopsis

"Every sentence of this book deserves reading and proves Kapp's originality, his broad knowledge of the social sciences (including philosophy and anthropology), and his concrete awareness and Read more...

 
User-contributed reviews

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.