Yazar "Kaya M.V." seçeneğine göre listele

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    Human rights and virtuous growth in terms of global economic transformation: Is it possible to return to homo-politicus?
    (Peter Lang Publishing Group, 2019) Kaya M.V.; Tigli A.
    Introduction Capitalism is an economic system that gives capital owners the right to acquire private ownership in an unlimited amount and to produce and trade according to their free preferences. In the capitalist economic model, every factor of production can survive with its price. In other words, all phases of the input-output process are priced and the factor that does not get a certain value is vanished from the market. In short, everything exists with its price. The regulations (or deregulation) of the capitalist system are like liberal economic policies. Although capitalism and liberalism point to the same freedom and liberties, there is a difference between them regarding historical process. Capitalism refers to a broad system, which has emerged with the collapse of feudal system1 in Europe since 11th century and is based on ideological2 fundamentals. Liberalism, on the other hand, refers to the ability of financial flows in the form of money and capital to gain international mobility and emerged in 19th and 20th centuries. The key notion that determines the similarities or differences between capitalism and liberalism is globalization. The capital becomes liberal (liquid) as it becomes global. When capitalism was emerging as an ideological based mechanism in Western Europe, the governance of markets and capital was in the control of the Catholic Church. After the French Revolution that was broken out as a reaction against to this system, capitalism exhibited a tendency for liberalization. Hence, capital became free from…. © Peter Lang GmbH Internationaler Verlag der Wissenschaften Berlin 2019.
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    Is China’s integration to the international markets a threat for western economies? An outlook in terms of political economy of transition from labor-intensity to capital-intensity
    (Peter Lang Publishing Group, 2019) Tigli A.; Kaya M.V.; Dogan I.
    Introduction In the People’s Republic of China (PRC), where the communist regime was effectively implemented from its foundation to 1978, gradually liberalization reforms were implemented in order to keep up with the changing world conjuncture. Prior to reforms, the PRC had lower Gross Domestic Product (GDP) figures than the surrounding countries. The poverty level in the country came to the point which is not easily explained to the world. Deng Xiaoping, who came to power after the death of Mao Zedong, initiated reforms aiming at accelerating economic growth rate of the country. Although many steps have been taken for the liberalization and openness of the system, state control over the economy has not been completely abolished. The planned economy and the market economy were carried out together and a significant growth was achieved in a short time. Although the Chinese Communist Party (CCP) is in the country’s administration, the new mixed economy is being carried out and this mixed model has been called the socialist market economy in the literature. Under the state-controlled market economy model, huge growth values are achieved, while per capita GDP figures are still low due to the high population density. Deflation has been observed in some years after the reforms and consequently deflation had negative effects on consumption-based economic growth of the country. The success of the PRC in macro-economic figures attracted the close attention of western countries, especially the USA. Consequently, many international relations theories and scenarios about China have…. © Peter Lang GmbH Internationaler Verlag der Wissenschaften Berlin 2019.