Capitalism Reconnected : : Toward a Sustainable, Inclusive and Innovative Market Economy in Europe.

• Author: Balkenende, Jan Peter.
• TeilnehmendeR: Buijs, Govert.
• Place / Publishing House: Amsterdam : : Amsterdam University Press,, 2023.; ©2024.
• Year of Publication: 2023
• Edition: 1st ed.
• Language: English
• Physical Description: 1 online resource (401 pages)

Table of Contents

Cover -- Analytical Table of Contents -- By way of introduction -- An idea -- A Consultation -- Europe -- Table of contents -- Part I. Europe's Present Condition: A Diagnosis -- Chapter 1. Introduction: From the Challenge of 2015 to the Shock of 2022 -- 2022, and the Seven Years that Preceded It… -- The 2015 Agenda: A Clarion Call -- …And Beyond (2016): Brexit and a Fragmented Populace -- …And Beyond (2017): Trump and 'America First' -- …And Beyond (2020): Covid, Vulnerability and Europe's New Strength -- …And Beyond (2022): The Ukraine War and a New Geopolitical Constellation -- Beyond 2022: A New World Order, New Questions and the Need for New Responses -- The Challenges Ahead: Reorientation, Reconnection, Repositioning, Revaluation -- New Intellectual Resources: Rethinking Capitalism -- Some Working Definitions: Market Economy, Capitalism, Market Society, Market Ideology -- Outline of the Book -- Our Intended Readership -- The Title of this Book -- The Book in Three Figures -- How (not) to Use this Book -- Chapter 2. Europe's 250-Year Project… -- The Age of the 'Great Enrichment' or the 'Escape from Poverty' -- Heights and Depths: Four Phases, from Unfettered Markets to 'Unfettered Markets 2.0' -- Learning Processes: Embedding Markets -- Chapter 3. Triumphant Capitalism: The Bold Assumptions of an Overconfident Age -- Seven Assumptions -- The Results: A Tendency toward a Rentier Economy -- Conclusion -- Chapter 4. Europe's Confusion and Reorientation -- Europe's Confusion -- The Task of this Book: A Reorientation of Capitalism -- Part II. Europe's Mission: Developing Responsible Capitalism -- Chapter 5. The First Pillar of Renewal: Ideals about a Good Economy -- 'Mono-Indicator Tyranny' and a New Understanding of Value(s) -- Macro-Values and Macro-Virtues: Beyond GDP Towards 'Flourishing'.

Meso-Values and Meso-Virtues: Purpose beyond Financial Indicators -- Micro-Values and Micro-Virtues: Moral Leadership, Conscious Employees, Critical Consumers -- An Enlarged Conception of the Common Good: Discovering and Rediscovering Values -- The Sources of Values: The Role of (Hi)stories -- Chapter 6. The Second Pillar of Renewal: Inspiration from Revaluing Europe's Story -- The Dark Ambivalence of Europe: Conflicting Histories -- The Other European Story: The Gradual Discovery of Human Dignity and Four Revolutions -- A Dubious Philosophical Heritage: Ideologies and 'Recipe Thinking' -- A Distinct European Model: Combining Principles with Institutional Plurality -- An Unfinished and Embattled Project -- The Terrible Mystery of 'Europe-I' -- Haunted by Specters -- The Need to Unlearn, Relearn and Learn: A New European Orientation -- Four Key Values for a New Future -- Why Values? Tests for Policies, Processes, and Products -- Chapter 7. The Third Pillar of Renewal: Ideas about Economics -- Megatrends in Economic Thinking -- Heralds of a New Paradigm -- A New Paradigm: The Homo Cooperans within Planetary Boundaries -- Rediscovering the 'Wealth' of Adam Smith -- In Conclusion: Education is Essential -- Chapter 8. The Fourth Pillar of Renewal: Indicators -- Macro: Beyond GDP, Multidimensional Approaches and the SDG's -- Meso: Integrated Reporting, Due Diligence and True Value -- True Pricing -- In Conclusion -- Chapter 9. The Fifth Pillar of Renewal: Institutions and the Multiactor Approach -- Beyond the State-Market Dichotomy -- A Multiactor Approach -- The Heart of the Multiactor Approach: Cooperative and Co-creative Problem Solving -- The 'Problem of Many Hands' and the 'Power of Initiative' -- Structures of Meaningful Encounter and Coalitions for a Better Economy -- Resistance: Pessimism, Lethargy, Vested Interests -- How to Start a Movement….

Chapter 10. The Flying Wheel of Responsible Innovation (A): The 'Makers' of a New Economy (Business, Finance, Consumers) -- A Movement of Responsible Innovation -- Actor 1 - Responsible Entrepreneurship: Business for the Common Good -- Actor 2 - Finance for the Common Good34 -- Actor 3 - Consumers as Drivers of Sustainable Innovation -- And yet: consumer responsibility -- Chapter 11. The Flying Wheel of Responsible Innovation (B): The 'Embedders' of a New Economy (Government, Nature, Community, Civil Society) -- Actor 4 - Public Goalsetting: Bringing Government Back In -- Actor 5 - Nature at the Table: Reconciling Anthropology, Economy, and Ecology -- Actor 6 - Resilient Communities: Key to Economic Flourishing -- Actor 7 - Civil Society: Creative and Countervailing Power -- Chapter 12. The Flying Wheel of Responsible Innovation (C): The 'Critical Innovators' of a New Economy (Media, Research and Education, Imaginative Reflection) -- Actor 8 - Media: Critical (and Hopefully Independent) Inspectors -- Actor 9 - Research, Knowledge, and Education: The Laboratories of Innovation -- Actor 10 - Nurturing Creative and Critical Thinking: Imaginative Reflection -- Part III. Europe's New Position: A Global Player for the Common Good -- Chapter 13. A New World Order is Emerging -- The Larger Significance of Russia's Invasion of Ukraine -- Conclusion: Curiously and Tirelessly Tracking World History -- Chapter 14. Europe's Contribution to Tomorrow's World -- Europe's Response: Becoming a Non-Imperial Empire -- Implications for Europe's Global Positioning -- Conclusion: The 'Third Europe' in the 'Third Europe' -- Chapter 15. In Conclusion: Challenges and Recommendations for a Rejuvenated Europe -- Four Types of Key Challenges -- Recommendations -- In Conclusion -- Epilogue: Towards an Economics of Hope.

Attachment 1: Overview of online dialogue sessions - Fall 2021 -- Endnotes -- Bibliography -- Index of Names -- Index of Subjects -- About the authors.