{"product_id":"unfettered-globalization-a-new-economic-orthodoxy-hardcover","title":"Unfettered Globalization: A New Economic Orthodoxy - Hardcover","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eC-Rene Dominique\u003c\/b\u003e (Author), \u003cb\u003eIrene Dominique\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eEconomics, Dominique reminds us, is a social science, with prescriptions that are statistical in character but inherently polemical. In contrast to the laws of the natural sciences, economic statements, meaningful as well as meaningless, can be transformed into a vehicle for the promotion of false consciousness, as when the polemical prescriptions of social sciences are used to promote unavowed interests. The axiomatization of economics in the early 1950s, though well-intended, has produced two negative consequences: the equation of science and mathematical formalism by some, and a total lack of concern for experimentation on the part of others. These translate into excessive abstraction, empirical irrelevance, and a total lack of social purpose. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eDominique argues that excessive abstraction is causing economics to gradually lose its social usefulness. This state of affairs has, in turn, led the general public to accept at face value the prescriptions of an untested orthodoxy, such as unfettered globalization, as genuinely scientific. In the era of unfettered globalization, the top 20 percent of the world's income earners have become richer while the bottom 80 percent have become impoverished and environmental degradation has gone unabated. Dominique argues that, according to the scientific theory of economics, the top quintile must pay the costs and the bottom four quintiles ought not bear alone the brunt of globalization. To reverse this outcome, the bottom 80 percent must become pro-active in economic policy formulation. A challenge to contemporary development and economic policy that will be of interest to economists, public policy makers, the international business community, and social activists.\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003eC-RENÉ DOMINIQUE is Professor of Economics at Canada's Laval University. He has worked in the private and public sectors and at the Office of Technical Cooperation at the United Nations. His areas of specialization include industrial studies, planning and policy analysis, microeconomics, and systems' dynamics. Professor Dominique has published extensively in \u003ci\u003eIndustry and Development\u003c\/i\u003e, \u003ci\u003eEconomics Letters\u003c\/i\u003e, \u003ci\u003eJournal of Economic Development\u003c\/i\u003e, and \u003ci\u003eJournal of International Economic Integration\u003c\/i\u003e among other publications.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 288\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.81 x 9 x 6 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e March 30, 1999\u003c\/div\u003e\n            ","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":47506870403250,"sku":"9780275963781","price":180.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0770\/3891\/1666\/files\/mQvOI9IPvC9780275963781.webp?v=1779565443","url":"https:\/\/box.dadyminds.org\/products\/unfettered-globalization-a-new-economic-orthodoxy-hardcover","provider":"DADYMINDS BOX","version":"1.0","type":"link"}