Education
University of California, Berkeley. University of Michigan.
( This book describes how corporate powers have erected a...)
This book describes how corporate powers have erected a rapacious system of intellectual property rights to confiscate the benefits of creativity in science and culture. This legal system threatens to derail both economic and scientific progress, while disrupting society and threatening personal freedom. Perelman argues that the natural outcome of this system is a world of excessive litigation, intrusive violations of privacy, the destruction system of higher education, interference with scientific research, and a lopsided distribution of income.
http://www.amazon.com/gp/product/0312294085/?tag=2022091-20
( Most economic theory assumes a pure capitalism of perfe...)
Most economic theory assumes a pure capitalism of perfect competition. This book is a penetrating critique of the rhetoric and practice of conventional economic theory. It explores how even in the United States—the most capitalist of countries—the market has always been subject to numerous constraints. Perelman examines the way in which these constraints have been defended by such figures as Henry Ford, J. P. Morgan, and Herbert Hoover, and were indeed essential to the expansion of U.S. capitalism. In the process, he rediscovers the critical element in conservative thought—the “forgotten traditions of railroad economics”—that has been lost in the neoliberal present. This important and original historical reconstruction points the way to a discipline of economics freed from the mythology of the market.
http://www.amazon.com/gp/product/1583671358/?tag=2022091-20
( The originators of classical political economy—Adam Smi...)
The originators of classical political economy—Adam Smith, David Ricardo, James Steuart, and others—created a discourse that explained the logic, the origin, and, in many respects, the essential rightness of capitalism. But, in the great texts of that discourse, these writers downplayed a crucial requirement for capitalism’s creation: For it to succeed, peasants would have to abandon their self-sufficient lifestyle and go to work for wages in a factory. Why would they willingly do this? Clearly, they did not go willingly. As Michael Perelman shows, they were forced into the factories with the active support of the same economists who were making theoretical claims for capitalism as a self-correcting mechanism that thrived without needing government intervention. Directly contradicting the laissez-faire principles they claimed to espouse, these men advocated government policies that deprived the peasantry of the means for self-provision in order to coerce these small farmers into wage labor. To show how Adam Smith and the other classical economists appear to have deliberately obscured the nature of the control of labor and how policies attacking the economic independence of the rural peasantry were essentially conceived to foster primitive accumulation, Perelman examines diaries, letters, and the more practical writings of the classical economists. He argues that these private and practical writings reveal the real intentions and goals of classical political economy—to separate a rural peasantry from their access to land. This rereading of the history of classical political economy sheds important light on the rise of capitalism to its present state of world dominance. Historians of political economy and Marxist thought will find that this book broadens their understanding of how capitalism took hold in the industrial age.
http://www.amazon.com/gp/product/0822324911/?tag=2022091-20
( This book demonstrates the calamitous consequences of t...)
This book demonstrates the calamitous consequences of the current US policies that follow a Haitian model of low wage development. The author makes his case by describing the decades-long unfolding of the current crisis in the US economy following the post-war boom. From the beginning, the boom contained the seeds of its own destruction. As the boom disintegrated, attempts to stabilize the economy made matters even worse. Efforts at profit maximization reinforced the problems. For example, attacks on both labour and government reinforced the decline. This work warns against framing policies predicated upon either Keynesian or neo-classical theory since both suffer from an unwarranted belief that a market economy can avoid crisis with appropriate economic management.
http://www.amazon.com/gp/product/0312095287/?tag=2022091-20
(This book argues that the right-wing revolution in the Un...)
This book argues that the right-wing revolution in the United States has created deepening inequality and will lead to economic catastrophe. The author makes the case that over the past three decades the rich have confiscated wealth and income from the poor and middle class to a far greater extent than many realize, and he explores in detail important but commonly unmeasured dimensions of inequality. He also takes aim at the economics profession, criticising the analytical blinders that leave economists incapable of seeing the coming crisis.
http://www.amazon.com/gp/product/0230600468/?tag=2022091-20
(This book describes how corporate powers have erected a r...)
This book describes how corporate powers have erected a rapacious system of intellectual property rights to confiscate the benefits of creativity in science and culture. This legal system threatens to derail both economic and scientific progress, while disrupting society and threatening personal freedom. Perelman argues that the natural outcome of this system is a world of excessive litigation, intrusive violations of privacy, the destruction system of higher education, interference with scientific research, and a lopsided distribution of income.
http://www.amazon.com/gp/product/140396713X/?tag=2022091-20
( Mainstream, or more formally, neoclassical, economics c...)
Mainstream, or more formally, neoclassical, economics claims to be a science. But as Michael Perelman makes clear in his latest book, nothing could be further from the truth. While a science must be rooted in material reality, mainstream economics ignores or distorts the most fundamental aspect of this reality: that the vast majority of people must, out of necessity, labor on behalf of others, transformed into nothing but a means to the end of maximum profits for their employers. The nature of the work we do and the conditions under which we do it profoundly shape our lives. And yet, both of these factors are peripheral to mainstream economics. By sweeping labor under the rug, mainstream economists hide the nature of capitalism, making it appear to be a system based upon equal exchange rather than exploitation inside every workplace. Perelman describes this illusion as the “invisible handcuffs” of capitalism and traces its roots back to Adam Smith and his contemporaries and their disdain for working people. He argues that far from being a basically fair system of exchanges regulated by the “invisible hand” of the market, capitalism handcuffs working men and women (and children too) through the very labor process itself. Neoclassical economics attempts to rationalize these handcuffs and tells workers that they are responsible for their own conditions. What we need to do instead, Perelman suggests, is eliminate the handcuffs through collective actions and build a society that we direct ourselves.
http://www.amazon.com/gp/product/158367229X/?tag=2022091-20
(As Socialist states struggle to transform themselves into...)
As Socialist states struggle to transform themselves into market economies and the United States privatizes everything from schooling to policing, the current crises in Russia and East Asia suggest that something might be amiss. In the rush to open societies to the benefits of competition, economists have overlooked the fundamental instability of competitive markets. What had seemed to be an invincible capitalist juggernaut may be reaching its apotheosis. A close look at market economies is more timely and crucial than ever. Michael Perelman argues that capitalism's victory is temporary, based as it is on an unrealistic understanding of the system's inherent risks. He analyzes the nature and causes of crisis within a market society, and along the way, he re-examines one of capitalism's most primary and unquestioned tenets, that the more competition there is, the better off society will be. This accessible book, garnished with plenty of examples and anecdotes, is an open-minded injection of common sense into the understanding of a capitalist society.
http://www.amazon.com/gp/product/0312221215/?tag=2022091-20
(This book integrates Keynes' observations about the q-the...)
This book integrates Keynes' observations about the q-theory into a coherent theory of replacement investment. It demonstrates why, in the absence of a significant post-war depression, business was relieved of the need to replace obsolete capital goods, leading to a period of prolonged stagnation.
http://www.amazon.com/gp/product/1349199427/?tag=2022091-20
( Mention of class struggle evokes images of a grimy age ...)
Mention of class struggle evokes images of a grimy age in which bygone captains of industry callously oppressed armies of overworked and underpaid proletarians. This dark portrait of class conflict stands in sharp contrast with the glorious promise of an information age. In Class Warfare in the Information Age, Michael Perelman shows how class conflict continues to remain a contemporary issue. He challenges the notion that, with the help of the modern computer and telecommunication technologies, we can look forward to life in a well-educated society in which anybody with even a modicum of intelligence and discipline can enjoy a more than comfortable existence. In a relatively jargon-free economic and political analysis, Perelman reveals how the efforts of business to profit from the sale of information will result in the reduction of access to information, rather than an increase. He demonstrates how the treatment of information as a commodity will cause it to be more regulated and less accessible. In the future, Perelman argues, it will still be a class-based privilege to access and afford information, and the rights of individuals will disintegrate as the power of the corporate sector grows. Class Warfare in an Information Age is a refreshingly critical work which forces readers to rethink the conventional hype surrounding the information superhighway.
http://www.amazon.com/gp/product/0312177585/?tag=2022091-20
University of California, Berkeley. University of Michigan.
A student of economics at the University of Michigan and San Francisco State College, Perelman earned a Doctor of Philosophy in agricultural economics from the University of California, Berkeley in 1971, under supervision of George Kuznets. Perelman writes that he was drawn away from the "framework of conventional economics," noticing that the agricultural system was "consuming ten times more energy than it was producing in the form of edible food." Perelman"s research into how "profit-oriented agricultural system created hunger, pollution, serious public health consequences, and environmental disruption, while throwing millions of people off the land" led to his first book Perelman continued to write extensively in criticism of conventional or mainstream economics, including in all his books (and especially his books published from 2000 to date), papers and interviews.
Although perceiving flaws in Marx"s work as it is typically interpreted in the context of its modern reading, Perelman writes that "Marx’s crisis theory was far more sophisticated than many modern readers had realized," focusing on an interpretation that is largely bypassed by many readers of Marxian economic thought.
Perelman views Marxist theory as vindicated through its account of crises that a capitalist economy must inherently generate. Perelman has appeared on a number of programs, including Media Matters, Pacifica Radio, KPFA 94.1 Berkeley, and WBBR (Bloomberg Radio).
(As Socialist states struggle to transform themselves into...)
( The originators of classical political economy—Adam Smi...)
( This book describes how corporate powers have erected a...)
(This book describes how corporate powers have erected a r...)
( Mention of class struggle evokes images of a grimy age ...)
(This book argues that the right-wing revolution in the Un...)
( This book demonstrates the calamitous consequences of t...)
(This book integrates Keynes' observations about the q-the...)
( Leading scholars discuss ideology and hotly contested p...)
( Mainstream, or more formally, neoclassical, economics c...)
( Most economic theory assumes a pure capitalism of perfe...)
(Book by Michael Perelman)
(New)
Perelman has written 19 books, including Railroading Economics, Manufacturing Discontent, The Perverse Economy, and The Invention of Capitalism.