This paper examines whether the prevailing model of capitalism with its hallmark financial markets is the most productive and stable investment system to underpin the global economy into the future. It returns to the creation of the stock market in 1602 to examine the stock market’s origin without the presumption of its respectability. Often considered the genesis of modern corporations and con...

There was a time, not so long ago, when both critics and defenders of capitalism believed that “another world was possible.” It was generally called “socialism.” While the right condemned socialism as violating individual rights to private property and unleashing monstrous forms of state oppression, and the left saw socialism as opening up new vistas of social equality, genuine freedom and the ...

Contrary to the expectations of the neo-liberal theorists of ‘shock therapy’, the collapse of the soviet system did not lead to the rapid and spontaneous development of the institutions and practices typical of a capitalist market economy. This led some critics to doubt whether Russia was in transition to capitalism at all. Michael Burawoy, for example, has characterised the developmental traje...

here's a curious symmetry between the arguments propounded over the last century in advocacy of socialism and the present popular discussion of the reform of centrally planned economies. In those old discussions, the vision of socialism was utopian, which was contrasted with the Dickensian realities of capitalism. Now, the disasters of central planning are contrasted with the benefits flowing f...

Marxist theory, we argue, can be a valuable resource as organization studies turns to the urgent societal problems of our times. In order to address these problems, organizational studies needs greater historical depth and interdisciplinarity. We argue that these imperatives necessitate a return to grand theory. Grand theories provide the frameworks needed for integrating in a systematic as opp...

Christian economists are often interested in statements made by theologians and church leaders on economic issues. While there critical of modern economics as a discipline. The purpose of this paper Theologians discussed include Catholics and Protestants. Several of the theologians examined are part of the Radical Orthodoxy group and almost M ost nations utilize markets to organize their econom...

This paper provides a historical analysis of persistent problems with underdevelopment and uneven development in Southern Africa by examining preand post-liberation trajectories in South Africa, Zimbabwe and Botswana. The aim is to understand how capitalism in Southern Africa impacts struggles to transform social and economic relations in the pursuit of broad-based and sustained improvements in...

In recent years the global market for higher education has expanded rapidly while internationalisation strategies have been developed at university, national, as well as European levels, all with the aim to increase the competitiveness of higher education institutions. This paper asks how different institutional settings explain distinct national patterns found in the internationalisation of un...

The growth of social enterprise within development NGO work might lead one to suspect it has been irredeemably corrupted by neo-liberal capitalism. However, using the tools of capitalism is not the same as subscribing to the values of capitalism. This paper is situated at the intersection of five fields: human security, international development, social enterprise, social franchising, and left-...

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