The third pillar : (Record no. 37157)

LIBRARY OF CONGRESS CONTROL NUMBER
LC control number 2018054881
INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9780525558316
DEWEY DECIMAL CLASSIFICATION NUMBER
Call number 306.3 RA TH
MAIN ENTRY--PERSONAL NAME
Authors Rajan, Raghuram
TITLE STATEMENT
Title The third pillar :
Subtitle how markets and the state leave the community behind
Statement of responsibility, etc Raghuram Rajan
PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication New York :
Publisher Penguin Press,
Date c2019.
PHYSICAL DESCRIPTION
Extent xxviii, 434 p. ;
Size 25 cm.
CONTENTS
Contents • 1.Tolerating Avarice
• 2.The Rise of the Strong but Limited State
• 3.Freeing the Market... Then Defending It
• 4.The Community in the Balance
• pt. II IMBALANCE
• 5.The Pressure to Promise
• 6.The ICT Revolution Cometh
• 7.The Reemergence of Populism in the Industrial West
• 8.The Other Half of the World
• pt. III RESTORING THE BALANCE
• 9.Society and Inclusive Localism
• 10.Rebalancing the State and the Community
• 11.Reinvigorating the Third Pillar
• 12.Responsible Sovereignty
• 13.Reforming Markets.
SUMMARY
Summary In this book the author offers up a framework for understanding how these three forces–the state, markets, and our communities–interact, why things begin to break down, and how we can find our way back to a more secure and stable plane. The “third pillar” of the title is the community we live in. Economists all too often understand their field as the relationship between markets and the state, and they leave squishy social issues for other people. That’s not just myopic, Rajan argues; it’s dangerous. All economics is actually socioeconomics – all markets are embedded in a web of human relations, values and norms. As he shows, throughout history, technological phase shifts have ripped the market out of those old webs and led to violent backlashes, and to what we now call populism. Eventually, a new equilibrium is reached, but it can be ugly and messy, especially if done wrong. Right now, we’re doing it wrong. As markets scale up, the state scales up with it, concentrating economic and political power in flourishing central hubs and leaving the periphery to decompose, figuratively and even literally. Instead, Rajan offers a way to rethink the relationship between the market and civil society and argues for a return to strengthening and empowering local communities as an antidote to growing despair and unrest.
SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Heading Economic development
General Social aspects
SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Heading Economics
General Sociological aspects
SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Heading Capitalism
SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Heading Democracy
General Economic aspects
SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Heading Communities
ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier https://uowd.box.com/s/k78aqq08661ow064bal9f13f0y25k0ma
Public note Location Map
MAIN ENTRY--PERSONAL NAME
-- 33188
SUBJECT ADDED ENTRY--TOPICAL TERM
-- 33191
SUBJECT ADDED ENTRY--TOPICAL TERM
-- 1274
SUBJECT ADDED ENTRY--TOPICAL TERM
-- 2786
SUBJECT ADDED ENTRY--TOPICAL TERM
-- 33192
SUBJECT ADDED ENTRY--TOPICAL TERM
-- 22671
Holdings
Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Shelving location Date acquired Source of acquisition Full call number Barcode Date last seen Price effective from Koha item type Public note
        University of Wollongong in Dubai University of Wollongong in Dubai Main Collection 2020-03-04 Kinokuniya 306.3 RA TH T0063891 2019-12-08 2019-12-08 REGULAR Mar2020

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