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      World Review of Political Economy

      Volume 4, Issue 4
       
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      Political Economy for 21st-Century Models of Social Democracy and Socialism: Following up the Issues Raised by David Harvey

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      Journal: World Review of Political Economy
      Publisher: Pluto Journals
      Keywords: social democracy, socialism, green recovery, basic income, local currencies
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            Abstract

            This article intends to re-examine what is necessary and desirable for reconstructing social democracy and socialism for the 21st century against neoliberalism. It starts by reviewing the final chapter of David Harvey's The Enigma of Capital (2010), where he presents his ideas of what is to be done about a series of important issues of our age. Among other things, we have to rethink anew notions of communism, socialism, anti-capitalism, anarchism, social democracy, and Keynesianism against neoliberalism. Beyond the typical 20th-century models of social democracy and socialism, which expected to change the roles of nation state upon the ground of trade union movements, new features and components of their 21st-century models are to be examined. Among them, let us reconsider here more concretely, based upon our recent experiences, what to expect on Keynesian devices, green recovery policies, the ideas of basic income and local currencies.

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            Author and article information

            Journal
            Journal ID (doi): 10.13169
            Journal ID (publisher-id): worlrevipoliecon
            Title: World Review of Political Economy
            Publisher: Pluto Journals
            ISSN (Print): 2042891X
            ISSN (Electronic): 20428928
            Publication date (Print): Winter 2013
            Volume: 4
            Issue: 4
            Pages: 455-468
            Article
            Publisher ID: worlrevipoliecon.4.4.0455
            DOI: 10.13169/worlrevipoliecon.4.4.0455
            SO-VID: 921ca87e-6c63-4854-9902-9378884bca79
            Copyright © Copyright 2013 World Association for Political Economy
            License:

            All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

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            Categories
            Subject: Articles

            ScienceOpen disciplines: Political economics
            Keywords: socialism,basic income,local currencies,social democracy,green recovery

            References

            1. Center for Popular Economics (2012) Economics for the 99% . Amherst: CPE.

            2. (1929) The Natural Economic Order: A Plan to Secure an Uninterrupted Exchange of Labor, Free from Bureaucratic Interference, Usury and Exploitation . Translated from sixth German edition by San Antonio, Texas: Free-Economic Publishing Co.

            3. (2011) The Enigma of Capital and the Crises of Capitalism (paperback edition). London: Profile Books.

            4. (1980) Value and Crisis . London: Pluto & New York: Monthly Review Press.

            5. (1988) The Basic Theory of Capitalism . London: Macmillan.

            6. (1936) The General Theory of Employment, Interest and Money . London: Macmillan.

            7. (1875) Critique of the Gotha Programme , in Marx-Engels Collected Works , vol. 24. Moscow: Progress Publishers.

            8. (1995) Real Freedom for All . Oxford: Clarendon Press.

            9. , , and (2008) Green Recovery: A Program to Create Good Jobs and Start Building a Low-Carbon Economy . Amherst: PERI.

            10. (1953) The Theory of Crisis [in Japanese]. Tokyo: Iwanami-shoten.

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