Reviving the invisible hand: the case for classical liberalism in the twenty -first century/
Deepak Lal.
- New Jersey: Princeton University Press, 2006.
- 320p.
PREFACE Introduction: The Origins of "Capitalism" Globalization Chapter 1: Liberal International Economic Orders Mercantilism The Nineteenth-Century LIEO Pax Britannica and Economic Development The End of the First LIEO Recreating a New LIEO Chapter 2: From Laissez Faire to the Dirigiste Dogma Classical Liberalism and Laissez Faire Poverty and Industrialization in Nineteenth-Century Britain "Manna from Heaven" Distributivism Competition and Monopoly The Rise of "Embedded Liberalism" in the United States Chapter 3: The Changing Fortunes of Free Trade The Rise, Fall, and Rise of Free Trade U.S. Economic Policy The New Protectionism The Rise of Preferential Trading Arrangements Another Globalization Backlash? Adjustment Assistance? Whither the WTO? APPENDIX: FREE TRADE AND LAISSEZ FAIRE IN THEORY Chapter 4: Money and Finance International Monetary Regimes International Capital Flows The Global Financial Infrastructure Chapter 5: Poverty and Inequality Poverty Head Counts Income Gaps Foreign Aid Chapter 6: Morality and Capitalism Introduction Analytical Framework Changing Material and Cosmological Beliefs Communalism versus Individualism From Victorian Virtues to Modern Values Modernization and Westernization Conclusions Chapter 7: "Capitalism with a Human Face" Introduction Justice and Freedom 1 Rights Social Paternalism and Dirigisme Moral Paternalism and the New Victorians Capitalism and Happiness The Corporation under Attack Conclusions Chapter 8: The Greens and Global Disorder Introduction The Rise of the NGOs Sustainable Development The Greens and Ecological Imperialism Toward World Disorder Chapter 9: Conclusions Notes Bibliography Index