Can We Bend the Arc of Global Capital Toward Justice? is an online conference sponsored by the World Economics Association that focuses attention on various aspects of global accumulation, production and employment from a broader perspective of examining their inter-linkages with other economic, social, and political processes. Concerns with social inclusion extend well beyond purely economic account of justice and fairness, since the degree of economic inequality also affects social cohesion and political stability, and can also have negative implications for economic growth and democratic institutions.
In truth, this conference calls for a deep examination of current power, politics and economics in a social context where democratic institutions are being threatened. This attempt also involves critical thinking of theories of justice in light of applied challenges: What kind of justice should we bend the arc of global capital to? What are justice conditions and criteria, given the concern about capital accumulation, employment, and production?
The conference is divided into 4 “sessions”, broadly covering the following themes:
SESSION I Finance, investment, production and employment
- Global business models and labor challenges
Maria Alejandra Caporale Madi
- The tendency of effective demand to lag behind the supply of full employment
- Late Marx and the Conception of ‘Accumulation of Capital’
- Money: a social contract or an “invisible hand” of inverted totalitarianism?
SESSION II Global trends: economic dynamics and sovereignty
- Global Dynamic Efficiency (Towards a Long-Term Strategy)
Stephen I. Ternyik
- Monopoly Capital and Growth
- Capital, Nationality, and State Sovereignty: New Links for the 21st Century
- The Other Half of Macroeconomics and Three Stages of Economic Development
Richard C. Koo
- Identifying the determinants of secular stagnation after the Great Recession: Learning from Hansen´s historical approaches and Harrod´s model along 1938-1952.
Adrián de León-Arias
SESSION III. Working conditions and social problems: challenges and perspectives
- Employment in a Just Economy
- Economic Solutions for the Social Problems of Mass Migration, Persistent Alienation and Wanton Terrorism
Steven H. Kim
- Can We Bend the Arc of Global Capital toward Justice by Investment in Human Capital?
- The Role of Human Capital Resource in the East African Economic Growth
Worku R. Urgaia
- Evolving Wealth Inequality in Kerala: Mapping the Winners and Losers
R. Yadu and Satheesha
SESSION IV Economics and democracy
- Real World Non-Equilibrating Supply and Demand Theory
Gerson P. Lima
- Economic power, employment and economic theory
Rubens R. Sawaya
- Elite appropriation of economics – the case for (r)evolutionary political economy
- The British Labour Party and the ‘New Economics’