Fashioning Prosperous, Sustainable and Humane Societies

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Fashioning Prosperous, Sustainable and Humane Societies

Beyond Precarity 

9781035340255 Edward Elgar Publishing
Edited by Charles J. Whalen, Research Fellow, The Baldy Center for Law and Social Policy, University at Buffalo, Buffalo, NY, US
Publication Date: February 2025 ISBN: 978 1 03534 025 5 Extent: c 336 pp
Fashioning Prosperous, Sustainable and Humane Societies examines key challenges confronting humanity in the age of financialization and global warming. A distinguished team of political economists analyzes the social conditions that promote human flourishing and how these can be achieved in the face of growing economic, ecological, and societal precarity.

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Fashioning Prosperous, Sustainable and Humane Societies examines key challenges confronting humanity in the age of financialization and global warming. A distinguished team of political economists analyzes the social conditions that promote human flourishing and how these can be achieved in the face of growing economic, ecological, and societal precarity.

Employing critical perspectives to stress the vital role of governments and civil society, contributors survey past public policies across Asia, Europe, and North and South America. They advance existing literature on Post-Keynesian Institutional economics, exploring the new face of global money-manager capitalism and its consequences for emerging, transitioning, and advanced economies. Ultimately, this timely book outlines a social order free not only from exploitation and authoritarianism, but also from the supremacy of market values.

Students and scholars of political economy, Institutional economics and public policy will find this book to be an essential resource. Policymakers will additionally find its insights both bold and practical.
Critical Acclaim
‘The essays in this volume elaborate the many ways in which families and individuals globally are burdened by exposure to conditions that endanger their existence and emotional wellbeing. Financial vulnerabilities, especially, can be a major source of deep trauma. Admirably the authors in Beyond Precarity seek to chart a better world where people can experience security, fulfillment and joy, rather than live under the persistent threat of pain and injury.’
– William Darity, Jr., Duke University, USA

‘The title of this book expresses forcefully what should be the fundamental aim of all political economy research: to advance prosperous, sustainable and humane societies. The 14 wide-ranging chapters brought together by Charles Whalen—covering inequality, wage stagnation, financialization, caregiving, peacebuilding, democratic governance, and the climate crisis—provide critical new perspectives and workable approaches for accomplishing this fundamental aim.’
– Robert Pollin, University of Massachusetts Amherst, USA

‘Charles Whalen and an international group of colleagues outline the multi-dimensional contours of the precarity embedded in everyday life yet move beyond them to highlight innovative solutions and policies. They provide a refreshing set of directions for overcoming socioeconomic insecurity, environmental degradation, and civic precarity via sustainable enterprise and participatory strategies. Inspiring, important, and intelligently written, the book is a welcome addition to solving real world problems through democratic action and smart regulation.’
– Rosemary Batt, Cornell University, USA

‘At a time of mounting uncertainty and insecurity, this book is essential for understanding the foundations of that precarity and the ongoing deterioration of living standards for many people. It serves as a guide for building a more equitable and sustainable society, approached from a realistic and multifaceted Post-Keynesian Institutionalist perspective.’
– Hugo Iasco Pereira, Federal University of Paraná, Brazil

‘This book provides an antidote to the dismal science of our times. Charles Whalen and his co-authors put forward the alternative of Post-Keynesian Institutionalism, in which models and theories are rooted in institutions, economic outcomes are determined by financial flows, and economic problems may be resolved by institutional change. At the centre of their approach is the concept of precarity and the possibility of its reversal through institutional reform. This provides not only a wake-up call to recognise how we are all affected by economic inequality and insecurity, war and the crisis of democracy, and climate change and environmental degradation. It also gives us the institutional policy instruments with which to tackle those problems.’
– Jan Toporowski, SOAS University of London, UK

‘This is an apt collection for the contemporary tumultuous era hallmarked by multiple interconnecting crises that are embedding systemic precarity across society. The dimensions of today’s economic, ecological and civic precarity are strikingly illustrated and the socio-economic, political and institutional drivers of these dimensions are revealed which expose the changes needed for a more humane, sustainable and prosperous society.’
– Lynne Chester, The University of Sydney, Australia


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