Capital As Will And Imagination

"Capital is the defining feature of modern economies, yet most people have no idea where it actually comes from. What is it, exactly, that transforms mere wealth into an asset that automatically creates more wealth? The Code of Capital explains how capital is created behind closed doors in the offices of private attorneys, and why this little-known fact is one of the biggest reasons for the widening wealth gap between the holders of capital and everybody else. In this revealing book, Katharina Pistor argues that the law selectively "codes" certain assets, endowing them with the capacity to protect and produce private wealth. With the right legal coding, any object, claim, or idea can be turned into capital - and lawyers are the keepers of the code. Pistor describes how they pick and choose among different legal systems and legal devices for the ones that best serve their clients' needs, and how techniques that were first perfected centuries ago to code landholdings as capital are being used today to code stocks, bonds, ideas, and even expectations--assets that exist only in law. A powerful new way of thinking about one of the most pernicious problems of our time, The Code of Capital explores the different ways that debt, complex financial products, and other assets are coded to give financial advantage to their holders. This provocative book paints a troubling portrait of the pervasive global nature of the code, the people who shape it, and the governments that enforce it."--Provided by publisher.

Joseph Schumpeter’s conceptions of entrepreneurship, innovation, and creative destruction have been hugely influential. He pioneered the study of economic development and of technological paradigm shifts and was a forerunner of the emerging field of evolutionary economics. He is not thought of as a theorist of credit-supercharged high-speed growth, but this is what he became in postwar Japan. As Mark Metzler shows in Capital as Will and Imagination, economists and planners in postwar Japan seized upon Schumpeter’s ideas and put them directly to work. The inflationary creation of credit, as theorized by Schumpeter, was a vital but mostly unrecognized aspect of the successful stabilization of Japanese capitalism after World War II and was integral to Japan’s postwar success. It also helps to explain Japan’s bubble, and the global bubbles that have followed it. The heterodox analysis presented in Capital as Will and Imagination goes beyond the economic history of postwar Japan; it opens up a new view of the core circuits of modern capital in general.

Volume 1 of the definitive English translation of one of the most important philosophical works of the 19th century, the basic statement in one important stream of post-Kantian thought.

Every adult paid a living wage. No strings attached. Universal basic income is a very old idea that is fast becoming the radical idea of the twenty-first century. It could eradicate poverty and avoid a much-predicted dystopian future of automation and high unemployment – but it could also have an unexpected effect: an explosion of mass creativity. Phil Teer draws insights from the creative and entrepreneurial effects of basic income experiments and weaves them into stories of how the Romantic poets invented consumerism; artists regenerated cities like New York, Glasgow and Berlin; and creative geniuses like David Bowie, Bob Dylan, Kurt Vonnegut, Haruki Murakami and many others liberated their creative spirits and transformed their lives. The Coming Age of Imagination is a creative manifesto for universal basic income. When we no longer have to worry about money, we have the opportunity to be creative on a mass scale. Simply put, basic income changes everything.

With this book, Mark Metzler continues his investigation into the economic history of twentieth-century Japan that he began in Lever of Empire. In Capital as Will and Imagination, he focuses on the successful stabilization of Japanese capitalism after the Second World War. How did a defeated and heavily damaged nation manage reconstruction so rapidly? What economic beliefs resulted in the "miracle" years of high-speed economic growth? Metzler argues that the inflationary creation of credit was key to Japan's postwar success-and its eventual demise due to its instability over the long term. To prove his case, Metzler explores heterodox ideas about economic life , in particular Joseph Schumpeter's realization that inflation is intrinsic to capitalist development. Schumpeter's ideas, widely ignored within standard American neoclassical economic theory, were shaped by his experience of Austria's reconstruction after 1918. They were highly influential in Japan, and Metzler traces their impact in the period from the Allied Occupation, starting in 1945, through the Income Doubling Plan of 1960. Japan after defeat, Metzler argues, illustrates the critical importance of inflationary credit creation for increased production.

This unique book presents classical articles from "The Insurgent Sociologist" along with critical reflections by their distinguished authors. The Introduction contextualizes radical sociology of the 1970s.The conclusion provides an agenda for a critical sociology that is both public and scientific.

Said to contain the words of the earliest of the biblical prophets (8th century BCE), the book of Amos is reinterpreted by the author in light of new and sometimes controversial historical approaches to the Bible. Amos is read as the literary product of the Persian-era community in Judah. Its representations of divine-human communication are investigated in the context of the ancient writers' own role as transmitters and shapers of religious traditions. Amos's extraordinary poetry expresses mythical conceptions of divine manifestation and a process of destruction and recreation of the cosmos which reveals that behind the appearances of the natural world is a heavenly, cosmic temple.

In politics, utopians do not have a monopoly on imagination. Even the most conservative defenses of the status quo, Raymond Geuss argues, require imaginative acts of some kind. In this collection of recent essays, including his most overtly political writing yet, Geuss explores the role of imagination in politics, particularly how imaginative constructs interact with political reality. He uses decisions about the war in Iraq to explore the peculiar ways in which politicians can be deluded and citizens can misunderstand their leaders. He also examines critically what he sees as one of the most serious delusions of western political thinking--the idea that a human society is always best conceived as a closed system obeying fixed rules. And, in essays on Don Quixote, museums, Celan's poetry, Heidegger's brother Fritz, Richard Rorty, and bourgeois philosophy, Geuss reflects on how cultural artifacts can lead us to embrace or reject conventional assumptions about the world. While paying particular attention to the relative political roles played by rule-following, utilitarian calculations of interest, and aspirations to lead a collective life of a certain kind, Geuss discusses a wide range of related issues, including the distance critics need from their political systems, the extent to which history can enlighten politics, and the possibility of utopian thinking in a world in which action retains its urgency.

The idea of the imagination is as evocative as it is elusive. Not only does the imagination allow us to project ourselves beyond our own immediate space and time, it also allows us to envision the future, as individuals and as collectives. The radical imagination, then, is that spark of difference, desire and discontent that can be fanned into the flames of social change. Yet what precisely is the imagination and what might make it 'radical'? How can it be fostered and cultivated? How can it be studied and what are the possibilities and risks of doing so? This book seeks to answer these questions at a crucial time. As we enter into a new cycle of struggles marked by a worldwide crisis of social reproduction, scholar-activists Max Haiven and Alex Khasnabish explore the processes and possibilities for cultivating the radical imagination in dark times. A lively and crucial intervention in radical politics, social research and social change, and the collective visions and cultures that inspire them.

This volume brings together two philosophical research areas that have been subject to increased attention: work regarding the unique character of having an experience and studies on the nature and powers of imagination. The importance of imagination seems to stand in tension with the assumed unique and irreplaceable role of experience in our lives. However, new arguments in various philosophical debates suggest that there is a need to examine how both areas of research interrelate and can enrich one another. The chapters in this volume examine whether the traditional accounts of experience and imagination need to be challenged. They are divided into thematic sections that discuss epistemological, ontological, normative, phenomenological, and intersubjective questions related to experience and imagination. Imagination and Experience is an essential resource for scholars and advanced students working in philosophy of mind, epistemology, ethics, aesthetics, and philosophy of psychology.