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Byline: Mathew Forstater The mission of the International Journal of Environment, Workplace and Employment (IJEWE) is to provide a forum for the discussion and analysis of the effect that achieving ecological sustainability will have on employment/unemployment and the nature of the workplace. Unfortunately, modern capitalism, as it presently exists, fails to provide full employment, a sufficient number of high quality jobs, or ecological sustainability. This paper demonstrates that all three goals can be promoted through the implementation of a Public Service Employment programme based on the principles of functional finance.

An extended review of A Future of Capitalism: The Economic Vision of Robert Heilbroner, by Michael C. Carroll. London: Macmillan, 1998. Pp. 117. In his 'Preface' to A Future of [...]

Taking the work of Amartya Sen as a point of departure, a case is made that there may be no single policy with as many potential benefits as a guaranteed job at a living wage–benefits package for every person ready and willing to work. The case is outlined in 4 arguments. Along the way, numerous social and economic costs of unemployment and underemployment and benefits of full employment are catalogued. Reference is also made to how the right to employment is supported by a variety of arguments for social justice, an area in which Sen has made important contributions. [ABSTRACT FROM PUBLISHER]

The article focuses on the work of economist Ingrid Hahne Rima on technology as transsubjective structural context and the uncertainty of investor expectations. Rima's work can be best described as "Structuralist Post Keynesian" or "Post Keynesian Institutionalist," terms which may be used to capture the approach of those who travel a "middle path" between two sides of the Trieste summer school debates.

Adolph Lowe and his mentor Franz Oppenheimer were founding members of the Editorial Board of the The American Journal of Economics and Sociology in 1941. Both this journal’s name and its mission were inspired by Lowe’s greatly underappreciated 1935 book, Economics and Sociology. There, Lowe issued his “plea for cooperation” and “constructive synthesis” in the social sciences. Lowe was committed to interdisciplinary teaching and research for the entirety of his long and interesting career. When celebrating the 50th anniversary of the Journal, it is worthwhile to recall Lowe’s enduring contributions. His expression “constructive synthesis” still remains part of the mission of the AJES as inscribed on the back cover of the journal itself. [ABSTRACT FROM AUTHOR]

Maasai pastoralism has been characterized historically by highly developed herd and rangeland management techniques and social and cultural institutions at the intra- and inter-community levels that have provided security against shocks such as drought, crop failure and epidemic disease. Key to pastoral production was that herd management and milk production were the domain of the individual domestic units—the household or the homestead—while rights to pasture and water resources were communal so as to guarantee access to both dry and wet season grazing. It is this combination of individual and communal resources and inter- and intra-community relations that enabled pastoralism to thrive for millennia. It will be argued that the failure of colonial and neocolonial 'development' policies to recognize these key features of Maasai pastoralism has been at the root of both the crisis of land degradation and the undermining of Maasai and East African food security. [ABSTRACT FROM AUTHOR]

Following up on suggestions of Adolph Lowe, the paper draws on the work of Peirce, Polya and Michael Polanyi to elaborate the notion of Lowe's instrumental analysis as a policy discovery procedure. It is argued that such an interpretation of Lowe's instrumentalism may contribute to the formulation of effective practical policies. It is also argued in the paper that this interpretation throws light on some issues concerning markets and planning that relate to the debate on socialist calculation that has been revived in the name of the 'knowledge problem' by contemporary Austrian economists. In particular, it is argued that Lowe's Instrumentalism brings to the fore the role of discovery and creativity-which are central to Austrian conceptions of entrepreneurial activity in the market-in policy formulation. In this sense Lowe's work may be seen as an antecedent to more recent work in planning that critiques-and promotes nonessentialist alternatives to-optimal or rational planning. [ABSTRACT FROM AUTHOR]

Introduces series of articles regarding the European Economic and Monetary Union.