000			04256cam a22005418i 4500
001			9781003258308
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005			20230516170559.0
006			m o d
007			cr |||||||||||
008			210915s2022 enk ob 001 0 eng
040			_aOCoLC-P _beng _erda _cOCoLC-P
020			_a9781003258308 _q(ebook)
020			_a1003258301
020			_a9781000546484 _q(electronic bk. : EPUB)
020			_a1000546489 _q(electronic bk. : EPUB)
020			_a9781000546477 _q(electronic bk. : PDF)
020			_a1000546470 _q(electronic bk. : PDF)
020			_z9781032192420 _q(hardback)
020			_z9781032192444 _q(paperback)
035			_a(OCoLC)1268545477
035			_a(OCoLC-P)1268545477
050	0	0	_aHJ7537
072		7	_aBUS _x069000 _2bisacsh
072		7	_aKCP _2bicssc
082	0	0	_a336.73 _223
100	1		_aMedlen, Craig, _d1944- _eauthor. _971675
245	1	4	_aThe failure of markets : _benergy, housing and health / _cCraig Allan Medlen.
264		1	_aMilton Park, Abingdon, Oxon ; _aNew York, NY : _bRoutledge, _c2022.
300			_a1 online resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
490	0		_aRoutledge frontiers of political economy
505	0		_aA national buyout plan of eco-destroyers -- Needs and wants -- Housing: the case for "in kind" government ownership -- "In kind" health -- Taxing the rich: the time has come -- The corporate elite and the "magic" of the market -- Labor as a political force? -- Towards a democratic economy.
520			_a"The core thesis of this book is that the major economic issues of renewable energy, housing, health and income disparities could best be addressed through direct government "in kind" production and redistributive measures. It is argued that this governmental "in kind" production of essential needs would allow a rapid movement towards solutions that the market cannot possibly match. The market works through indirect means. So, it is no mystery why in the areas of energy, housing and health, problems are not only formidable but in many respects are getting worse. In contrast, governmental "in kind" production would be direct. Outcomes could be explicitly planned and managers would be publicly accountable. This shift in production should be accompanied by redistributive measures through higher taxes on corporations and the rich and the possible adoption of monetary policies in line with Modern Monetary Theory. Relatedly, the book demonstrates that the current lack of imaginative solutions results from a paralysis of imagination, rooted deeply in nineteenth century liberalism that held that the market was to serve all issues. A progressive agenda today needs to separate out "needs" from "wants" and to engage government production in the service of collectivist needs. "In kind" production would infuse a democratic component within the economy. The last chapter of the book also deals with how the ideology of neo-liberalism blocks even the contemplation of governmental production in the service of people's needs. This accessible work will be of significant interest to anyone seeking original solutions to age-old problems, particularly readers of public policy, heterodox economics, progressive politics and MMT. More generally, it is of interest to scholars and students in the fields of economics, political science and sociology. Craig Allan Medlen is Professor Emeritus at Menlo College, California, USA"-- _cProvided by publisher.
588			_aOCLC-licensed vendor bibliographic record.
650		0	_aGovernment spending policy _zUnited States. _971676
650		0	_aMedical care, Cost of _zUnited States. _971677
650		0	_aEnergy policy _zUnited States. _922807
650		0	_aHousing _zUnited States _xFinance. _971678
651		0	_aUnited States _xEconomic policy. _923297
651		0	_aUnited States _xSocial policy _y1993- _971679
650		7	_aBUSINESS & ECONOMICS / Economics / General _2bisacsh _965884
856	4	0	_3Taylor & Francis _uhttps://www.taylorfrancis.com/books/9781003258308
856	4	2	_3OCLC metadata license agreement _uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
942			_cEBK
999			_c83089 _d83089