Connecting Social Provisioning and Functional Finance in a Post-Keynesian – Institutional Analysis of the Public Sector

@article{Todorova2013ConnectingSP,
  title={Connecting Social Provisioning and Functional Finance in a Post-Keynesian – Institutional Analysis of the Public Sector},
  author={Zdravka K. Todorova},
  journal={AARN: Economic Systems (Sub-Topic)},
  year={2013}
}
This paper establishes connections between the frameworks of social provisioning and functional finance, and discusses a post-Keynesian–Institutionalist theory of the public sector thatemergesoutoftheselinkages.Theconceptofsocialprovisioninghasemergedout of Institutional economics, and has been further developed byinstitutional and other heterodoxeconomists. Its potential as a methodological foundation that connects various heterodox approaches has received some growing attention. Such… 
View on SSRN
corescholar.libraries.wright.edu
17 Citations
Background Citations
6

17 Citations

Social Provisioning and Financial Regulation: An Institutionalist-Minskyian Agenda for Reform

Abstract: I seek to put social provisioning into perspective with regard to the financial instability issue in capitalism. My analysis rests on an institutionalist-Minskyian endogenous instability…

From Monetary Theory of Production to Culture-Nature Life Process: Feminist-Institutional Elaborations of Social Provisioning

The article seeks to contribute to the literature on social provisioning as an organizing concept in heterodox economics. Particularly, the article details social provisioning as an amalgamation of…

Post-Keynesian institutionalism: past, present, and future

  • C. Whalen
  • Economics
    Evolutionary and Institutional Economics Review
  • 2019
Post-Keynesian institutionalism (PKI) is a branch of institutional economics that draws on the common ground shared by many institutionalists and post-Keynesians. PKI emerged in the USA in the 1980s;…

Post-Keynesian institutionalism: past, present, and future

Post-Keynesian institutionalism (PKI) is a branch of institutional economics that draws on the common ground shared by many institutionalists and post-Keynesians. PKI emerged in the USA in the 1980s;…

Consumption as a Social Process within Social Provisioning and Capitalism: Implications for Heterodox Economics

The article discusses consumption as a social process that is a part of social provisioning and is in an evolutionary interplay with other social processes. The discussion is grounded in, but is not…

Social Provisioning and Social Unbalances on Capitalist Development

Abstract: The paper argues along the lines of John Kenneth Galbraith in his analysis of the American “affluent society” during the “Golden Age,” when social unbalance between private wealth and…

Social Provisioning and Social Unbalances on Capitalist Development

Abstract:The paper argues along the lines of John Kenneth Galbraith in his analysis of the American “affluent society” during the “Golden Age,” when social unbalance between private wealth and public…

Institutional Theory, Socialization of Investment, and Care-Based Full Employment for Equity and Human Development

Abstract The article discusses commitment to full employment in light of institutional theory and offers a renewed examination of the “socialization of investment” concept. The discussion builds on…

Budgetary Deficits and Overhanging Public Debt: Obstacles or Instruments to Full Employment? A Kaleckian/Institutionalist Perspective

Western economies have undergone a significant transformation over the last half a century as they have moved away from a commitment to full employment, going from activist fiscal policy to its…

Consumption as a Social Process

This article discusses consumption as a social process that is part of social provisioning and is in an evolutionary interplay with other social processes. The analysis provides grounds for a…

64 References

The Normative Matrix of Social Costs: Linking Hayden’s Social Fabric Matrix and Kapp’s Theory of Social Costs

One of the most promising applications of Gregory F. Hayden’s Social Fabric Matrix is within the context of policymaking to counter environmental degradation and social costs. Developing his…

Money and Households in a Capitalist Economy: A Gendered Post Keynesian-Institutional Analysis

Contents: 1. Introduction 2. The Place of Households in the Post Keynesian Theory of Monetary Production 3. Introducing Gender in Post Keynesian Economics 4. Towards a Gendered Post Keynesian -…

A through-time framework for producer households

Abstract Taking as its central case urban producer households of a kind widely found in the third world, this paper shows that the through-time analyses of material activities developed by Marxist…

Social Provisioning Process and Socio‐Economic Modeling

The radical difference between orthodox and heterodox economics emanates from the different views of the capitalist socio-economic system. Economics as the science of social provisioning felicitously…

Social Provisioning as a Starting Point for Feminist Economics

The past decade has seen a proliferation of writing by feminist economists. Feminist economists are not identified with one particular economic paradigm, yet some common methodological points seem to…

The Discovery of 'Unpaid Work': the social consequences of the expansion of 'work'

This paper questions the dichotomy of work/nonwork. It examines the way in which the category of work was expanded by feminists and economists to include much domestic activity, and considers some of…

The Role of Public Investment as Principal Macroeconomic Tool to Promote Long-Term Growth

The "new consensus" in macroeconomics downplayed fiscal policy prior to the financial crisis. This view dramatically changed during and immediately following the crisis. However, this view has…

Policymaking for a Good Society: The Social Fabric Matrix Approach to Policy Analysis and Program Evaluation

Policy Paradigms should be Consistent with the Complexity of Reality.- Instrumental Philosophy and Criteria.- General Systems Principles for Policy Analysis.- Social Criteria and Socioecological…

The Reconstruction of Economics: An Analysis of the Fundamentals of Institutional Economics

Foreword Preface The Subject Matter of Institutional Economics The Definition of Institutional Economics Institutional Economics and Methodology Institutional Economics and the Value Problem…

Understanding modern money : the key to full employment and price stability

'Understanding Modern Money' exposes flaws in the foundations of mainstream macroeconomics and suggests a better way to formulate policy that will benefit everyone living in capitalistic societies.
...