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E-book
Author Tool, Marc R., author.

Title The discretionary economy : a normative theory of political economy / Marc R. Tool with a new introduction by the author
Published London ; New York : Routledge, Taylor & Francis Group, 2017

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Description 1 online resource
Contents Cover; Half Title; Title Page; Copyright Page; Dedication; Contents; List of Illustrations; Introduction to the Transaction Edition; Preface to the 1985 Edition; Preface to the First Edition; INTRODUCTION; 1 Revolutions and Ideologists; I. Revolutionary Pressures; II. Ideological Responses; III. Plan of the Book; FOUNDATIONS; 2 Social Inquiry and Reality; I. Doubt and Its Removal; II. Inquiry, Theory, and Ideology; III. Modes of Inquiry; IV. Nature of Social Inquiry; V. Outcomes of Inquiry; 3 Human Nature and Conduct; I. Clichés and Stereotypes; II. Isms and Psychological Creeds
III. An OverviewIV. Culture and Personality; V. Changes in Human Nature; ECONOMY; 4 The Economic Process; I. Ism Economies; II. Provision of Real Income; III. Structures and Functions; IV. Structures and Problems; V. Problems and Pressures; VI. Disposable Admonitions; 5 Resource Creation; I. Human Resources; II. Natural Resources; III. Monetary Resources; 6 Institutional Options; I. Economic Functions; II. Economic Structures; 7 Operational Mechanisms; I. Discretionary Mechanisms; II. Registry of Choices; III. Operational Coordination; IV. Holding Planners to Account
8 Principles of Economic ChangeI. General Characteristics; II. Dynamic Element; III. Retarding Element; IV. Examples and Applications; V. Limiting Conditions; POLITY; 9 The Political Process; I. Isms and Polities; II. Political Legitimacy; III. Determination of Public Policy; IV. Structure and Function; V. Political Interdependence; 10 Participatory Democracy; I. Individuals and the State; II. Political Functions; III. Locus of Discretion; 11 Structures of Discretion; I. Political Participation; II. Genuine Choice; III. First-Amendment Guarantees; IV. Responsive Legislative Body
v. Responsive Executive Agency 225VI. Full Information; VII. Administration of Justice; VIII. Civil Order; 12 The Resolution of Conflict; I. Private Interests vs. Public Obligation; II. Conditions of Conflict Resolution; III. Structures for Resolving Conflict; 13 Obligation and Political Action; I. Citizen Obligations; II. Extent of Political Obligation; III. Justification for Political Obligation; IV. Political Action and Federalism; VALUE AND GOALS; 14 Is, Ought, and Underbrush; I. ""Oughts"" of Isms; II. Positive-Normative Dichotomy; III. Ethical Relativism and Ethical Absolutism
15 Value and Its CorollariesI. Social Value Identified; II. Value Corollaries and Applications; 16 Freedom, Equality, and Justice; I. Social Goals through Ism Windows; II. Freedom as Genuine Choice; III. Equality as Discretionary Dignity; IV. Justice as Instrumental Involvement; Index
Summary "The Discretionary Economy argues that we do in fact control our own political and economic destinies. As a community, we have discretion over policies that determine whether an economic process adequately provides for the necessities of life. We also determine who participates in normative public judgments and whether decisions distinguish between what is and what ought to be. Tool argues that we must continuously organize the institutional structures through which economic and political functions in the social process are carried on. We must exercise discretion by creating and modifying institutions that coordinate our behavior. To exercise discretion effectively requires that we employ distinctively American economic, political, and philosophical theory. In this volume, the pivotal twentieth-century contributors to this encompassing theory of political economy are Thorstein Veblen, John Dewey, Clarence Ayres, and R. Fagg Foster. This volume presents, in detail, their analytical and philosophical perspective on social change. A major purpose of this volume is to compare and contrast the American tradition with the traditions of capitalism, Marxism, and fascism, demonstrating that the former can resolve compelling economic and political problems and the latter two cannot. This book explains how to identify and analyze social, economic, and political problems confronted in all communities, and how to go about framing and implementing structural adjustments in the political economy. It will be of interest to students in non-traditional courses in political economy including institutional economics, contemporary social problems, economics and social policy, methodology, and contemporary economic thought."--Provided by publisher
Notes Originally published: Santa Monica, Calif. : Goodyear Pub. Company, c1979
Bibliography Includes bibliographical references and index
Notes Description based on print version record
Subject Economics -- Moral and ethical aspects
BUSINESS & ECONOMICS -- Economics -- General.
BUSINESS & ECONOMICS -- Reference.
Economics -- Moral and ethical aspects
Form Electronic book
LC no. 2020690690
ISBN 9781351304863
1351304860
9781351304887
1351304887