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Rent-Seeking, Corruption and Development

Jezri Krinsky
blobMetropolis, 2021
Level: beginner
Perspective: Institutionalist Economics
Topic: Criticism of Capitalism, Economic History, Globalization & International Economic Relations, Inequality & Class, Institutions, Governments & Policy, North-South Relations & Development, Reflection of Economics
Format: Explainer Video
Duration: 5:50
Link: https://www.youtube.com/watch?v=QqOG0ueAIm4

Short video examining the concepts of rents and rent-seeking, and the high cost of orthodox liberal anticorruption policies.

Comment from our editors:

Interesting video that presents a counterpoint to the concepts of rent and corruption, as well as the intersection between them in practice.

Go to: Rent-Seeking, Corruption and Development

Tags: corruption | development | history of economic thought | industrial policy | international political economy | mainstream critique
Universal Basic Services
2019
Level: beginner
Universal Basic Services
Our public services are in dire need of investment. But in the middle of a debate over competing spending plans, isn’t it also time to ask what we want our public services to actually do for us? That’s the view of group of economists and campaigners who are pushing for something called ‘Universal Basic Services’ – a radical expansion of high-quality public services for all to areas like transport, childcare and social care.
Ayeisha Thomas-Smith, Anna Coote and Laurie Macfarlane
New Economics Foundation
A holistic theory of financialisation
2023
Level: expert
A holistic theory of financialisation
The concept of financialisation has undergone a similar career as ‘globalisation’, ‘neoliberalism’ or even ‘capitalism’, in the course of which it changed from the explanandum to the explanans; the process of financialisation is taken for granted, while the concrete historical and empirical causal conditions of its realisation and perpetuation are being moved into the background.
Samuel Decker
Exploring Economics
What’s Behind the Subprime Consumer Loan Implosion?
2019
Level: expert
What’s Behind the Subprime Consumer Loan Implosion?
This content submission has two parts: (1) a link to the post by Wolf Richter on deterioration of US subprime credit card debt and loans, driven in part by the overuse of hedonic quality adjustments in the Consumer Price Index (CPI) used by the US Bureau of Labor Statistics, and (2) to introduce Exploring Economics to the website Naked Capitalism, which is an effort to promote critical thinking through the medium of a finance and economics blog and fearless commentary.
Wolf Richter
www.nakedcapitalism.com
Capitalism: Competition, Conflict, Crisis
2017
Level: advanced
Capitalism: Competition, Conflict, Crisis
Anwar Shaikh explores alternative economic explanations, emphasizing 'real competition' theory and the role of imperfections in economic patterns.
Anwar Shaikh
The New School for Social Research
Le Salaire à Vie (Bernard Friot)
2015
Level: beginner
Le Salaire à Vie (Bernard Friot)
Alors que l'idée d'un revenu de base commence à faire son chemin, et si on en profitait pour essayer d'aller encore plus loin dans la critique du marché du travail? Et si on essayait carrément de penser contre le capitalisme? D'ailleurs, si on sortait du capitalisme, on mettrait quoi à la place?
Usul, Bernard Friot
YouTube

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