Search results for "neoclassical economics"

Addressing the Pandemic in the Philippines Necessitates a New Economic Paradigm

2020

Merit, Competition, Distinction

2018

The article presents a critique of competition by introducing a concept called 'distinction'. Competition is thought to work as a guarantee of the fairness of meritocratic procedures (merit-based recruiting in the job market or e.g. entrance examinations). However, fairness created by competition is, even at its best, only relative. This critique is then used a part of a larger critique of the role of merit in society.

IPE scholarship about Southeast Asia : Theories of development and state-market-society relations

2020

Contemporary Southeast Asia is a diverse region that is fully integrated into the world economy. Its eleven constituent countries are distinct with unique historical, political, economic, and cultural configurations – as such, they develop unevenly within, and respond accordingly to, the evolution of the global capitalist system. This chapter provides a survey of literatures, themes and debates that have significantly contributed to the study of Southeast Asia from the discipline of international political economy (IPE). It shows how specific IPE scholarship about Southeast Asia since the 1950s have been framed within the general theories of development (i.e., modernization and dependency) …