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"Free enterprise is off the leash and chasing new opportunities for profit making across the globe. After a turbulent century of unprecedented social and technological change, Capitalism has emerged as the dominant ideology and model for economic growth in the richest, most developed countries. But only thirty years ago economic growth was faltering, inflation rising and the Left were arguing for greater state intervention in industry. How did this...
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Commentators, analysts, and academics have long cherished the notion that there is a fundamental contradiction between corporate profit-seeking and ethical or social responsibility. In this powerful, long-awaited response to these critics, John Hood argues that business owners and managers have huge incentives to promote economic and social progress. Moreover, he finds, the vast majority do so. With compelling evidence, Hood demonstrates how the incentives...
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"European Welfare Futures presents an analysis of developments in social policy in the main EU member states. It provides a systematic account of welfare retrenchment and assesses the competing explanations of this process. The authors provide evidence for the view that an 'ever closer union' in social policy will require a much more difficult process than that which led to monetary union." "The book makes a contribution to understanding how welfare...
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