This chapter investigates the nature of the transformation of macroeconomics by focusing on the impact of the Great Depression on economic doctrines. There is no doubt that the…
Abstract
This chapter investigates the nature of the transformation of macroeconomics by focusing on the impact of the Great Depression on economic doctrines. There is no doubt that the Great Depression exerted an enormous influence on economic thought, but the exact nature of its impact should be examined more carefully. In this chapter, I examine the transformation from a perspective which emphasizes the interaction between economic ideas and economic events, and the interaction between theory and policy rather than the development of economic theory. More specifically, I examine the evolution of what became known as macroeconomics after the Depression in terms of an ongoing debate among the “stabilizers” and their critics. I further suggest using four perspectives, or schools of thought, as measures to locate the evolution and transformation; the gold standard mentality, liquidationism, the Treasury view, and the real-bills doctrine. By highlighting these four economic ideas, I argue that what happened during the Great Depression was the retreat of the gold standard mentality, the complete demise of liquidationism and the Treasury view, and the strange survival of the real-bills doctrine. Each of those transformations happened not in response to internal debates in the discipline, but in response to government policies and real-world events.
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Everon C. Chenhall and Thomas J. Chermack
The purpose of this paper is to propose an integrated model of action learning based on an examination of four reviewed action learning models, definitions, and espoused outcomes.
Abstract
Purpose
The purpose of this paper is to propose an integrated model of action learning based on an examination of four reviewed action learning models, definitions, and espoused outcomes.
Design/methodology/approach
A clear articulation of the strengths and limitations of each model was essential to developing an integrated model, which could be applied to Lynham's general method of theory‐building research in applied disciplines. The paper examined common themes according to the model structure, methods, and methodologies. The four models selected for this review were Gregory's Group Action Learning Process Model, Paton's Systemic Action Learning Cycle, Paton's Systemic Action Learning Spiral, and Watkins and Marsick's Continuous Learning Model.
Findings
A comparison of the key variations in the definitions of action learning and desired outcomes explained differences in model designs. HRD practitioners need a better understanding of the variables that affect the outcomes of action learning through exploring learning transfer issues and through testing multiple methodologies. Similarly, the integrated model was designed to indicate how change takes place within an organization, dictated by either internal or external factors. A description of the construction of the integrated model is provided.
Research limitations/implications
Owing to the disconnect between the conceptual development and application phases of theory‐building research, more empirical evidence is needed to support the connection between action learning models and methodologies and desired outcomes. The integrated model was designed from a systems perspective with particular emphasis on soft systems in the problem and analysis phases to illustrate the role of organizational modeling of the relationships among members, processes, and the internal and external environment. HRD practitioners could re‐examine their decision making, particularly in approaching large‐scale change. HRD practitioners could document their specific approaches to action learning, including a combination of action research methods and soft systems methodologies. A comparison of outcomes versus the methodologies could be made.
Originality/value
The objective of the integrated action learning model is to improve decision making related to facilitating change from an HRD perspective, given the theories and principles underlying each model. The integrated model could serve as the basis for gaining new knowledge about critical systems theory and action research as it relates to action learning and change facilitation. It is the paper's intent that the proposed integrated model will spur further theory‐building research in employing action learning as an organizational change intervention.
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The purpose of this research paper is a theoretical understanding of the most general trends of Russian economic development during the country's pre‐Soviet, Soviet and…
Abstract
Purpose
The purpose of this research paper is a theoretical understanding of the most general trends of Russian economic development during the country's pre‐Soviet, Soviet and post‐Soviet time frames.
Design/methodology/approach
The objectives are designed in such a way as to include a historical aspect in the research. An attempt is made to grasp (rather cursorily) a logical internal progression in all stages of the Russian development for the last 150 years. In this, the paper shows no need for so‐called great historical personalities to explain the great historical events.
Findings
In the course of the work, it was found that Russia had experienced alternatively five different socioeconomic systems of: late mixed feudalism which was on its way to democratic mixed capitalism (the 1850s‐October 1917); state feudalism which was pregnant with authoritarian mixed capitalism (1918‐1921); authoritarian mixed capitalism in whose womb there was ripening totalitarian state capitalism (1921‐1928); totalitarian state capitalism which was carrying within itself the seeds of authoritarian state capitalism (1928‐1990); finally, authoritarian state capitalism which was moving toward authoritarian mixed capitalism (1991‐present).
Originality/value
The original value of the paper is in its fresh approach to the great events that have been taking place in Russia since the 1850s. The events have been analyzed not as they should be according or despite some theory but as they were and are. The paper, therefore, will be valuable to those who are interested in the socioeconomic development of Russia and who would like, one way or another, to attempt to predict the country's nearest future.
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Purpose – The chapter examines Leopold Pospisil’s claim that the precolonial way of life of the Me, who live in the central highlands of west New Guinea, in many ways resembled…
Abstract
Purpose – The chapter examines Leopold Pospisil’s claim that the precolonial way of life of the Me, who live in the central highlands of west New Guinea, in many ways resembled capitalism. Pospisil based his claim on his field work among a group of Me, from 1954.Approach – Formulating a characterization of “capitalism” and using it as a yardstick while scrutinizing the available, early ethnographic literature discussing the Me.Findings – The late precolonial life of the Me appears to have been a hybrid one. It contained capitalist elements: such as a currency, accumulation, and unequal division of capital. But in other respects social reproduction, a noncapitalist element, was primary.Research limitations – An important source of information on the Me are the extensive writings of Sibbele Hylkema who worked among the Me from 1969 to 1994. They are for the most unpublished and consist in part of notes. The Me live in an inaccessible area so there is no other contemporary ethnography by which to update or compare and contrast Hylkema’s findings.Originality/value – This chapter is a Literature Review.
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George S. Day and Gregory P. Shea
The authors map out a work system that was key to Procter & Gamble transforming its innovation practices from a slow-paced, cautious incrementalism toward a leaner, more…
Abstract
Purpose
The authors map out a work system that was key to Procter & Gamble transforming its innovation practices from a slow-paced, cautious incrementalism toward a leaner, more entrepreneurial model able to make bigger and riskier long-term bets.
Design/methodology/approach
Starting in 2016, P&G began “innovating how they innovated”, supported by a strong leadership commitment to working differently.
Findings
The newly envisioned future included P&G exploring many smaller scale innovations within and across business units, with quick learning, conducted in close collaboration with consumers and driven by their problems and needs.
Practical/implications
Kathy Fish began this initiative by studying what innovation practices had produced “irresistible superiority” in the past.
Originality/value
Describes how P&G, a leading, long-established company instituted a systematic program of changing the system through which the work of innovation gets done. This system has eight action levers that collectively shape a supportive and productive work environment. Taking these actions in a coherent, coordinated fashion at Procter & Gamble, changed the operating environment and the company’s innovators adapted their behavior to the new system.
Supermax prisons have proliferated in the United States since their contemporary introduction in the early 1980s and have developed a more recent trajectory in the war prison…
Abstract
Supermax prisons have proliferated in the United States since their contemporary introduction in the early 1980s and have developed a more recent trajectory in the war prison. Drawing on the work of Giorgio Agamben and Zygmunt Bauman as well as ethnographic research in Washington state prisons, this article considers the internal dynamics and history of the supermax prison in terms of bare life, exception, indifference, and “choice.” Contradictory relationships within and around the supermax are contextualized in terms of the extreme and technologically sophisticated methods that make up contemporary incarceration.
Patrick Gregori, Patrick Holzmann, Ines Krajger, Erich J. Schwarz and Rainer Harms
This study investigates antecedents determining the inclination to engage in future environmental entrepreneurial activities. Building on passion research and social cognitive…
Abstract
Purpose
This study investigates antecedents determining the inclination to engage in future environmental entrepreneurial activities. Building on passion research and social cognitive theory, the authors explore the role of environmental passion for environmental entrepreneurial intention, drawing attention to the mediating role of environmental self-efficacy.
Design/methodology/approach
A regression-based path analysis for mediation to test the developed hypotheses on a sample of 139 young individuals is applied.
Findings
The results demonstrate a significant positive effect of environmental passion on environmental entrepreneurial intention. The mediation analysis shows a positive direct and indirect effect of passion on intention, concluding that self-efficacy is a partial mediator. The results further suggest that environmental entrepreneurial intention is related to gender. In contrast, covariates like age, entrepreneurial exposure and entrepreneurship education have no significant effect.
Practical implications
The results have implications for practitioners and policymakers who aim to further entrepreneurship for environmental sustainability. It underlines the need to take emotional antecedents seriously, suggests policy for creative and interdisciplinary education with respect to its challenges and emphasizes the roles of teachers in fostering passion.
Originality/value
The results provide a deeper contextualized understanding of passion, self-efficacy and intention in environmental entrepreneurship. These results offer an original perspective of entrepreneurship as a conduit to channel energy, concerns and passionate interests in the natural environment. The study presents theoretical implications for passion theory by extending sources of passion and clarifying the direction of self-efficacy in entrepreneurship.
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Studies concerning Soviet taxation demonstrate a diversity of opinions on the nature of turnover taxes. Four major views on the subject have emerged: (1) turnover taxes are simply…
Abstract
Studies concerning Soviet taxation demonstrate a diversity of opinions on the nature of turnover taxes. Four major views on the subject have emerged: (1) turnover taxes are simply a sales (excise) tax on articles' of consumption sold to the Soviet consumer; (2) not all turnover taxes are a sales tax, some of them are a substitute for rent on production of certain industrial materials; (3) in addition to being a sales (excise) tax on consumer goods and rent on some industrial materials, there exists a third type of turnover tax which is levied on agricultural production of the peasantry; (4) turnover taxes are a portion of the surplus product produced in industry and agriculture.
The fate of a country like the Soviet Union concerns not only its leaders and its population. Whatever happens to the Soviet system, the directions which that nation follows will…
Abstract
The fate of a country like the Soviet Union concerns not only its leaders and its population. Whatever happens to the Soviet system, the directions which that nation follows will affect the whole world. Therefore, an understanding of the Soviet regime, its limitations and potentials, and the options available to that country, would give the rest of the world the intellectual weapon necessary to meet challenges presented by Soviet development. The stakes may be very high; if the full productive capacity of the Soviet Union were developed, the Japanese economic miracle and the serious problems it has created for the United States might fade into relative insignificance.
Bassam Samir AL-Romeedy and Shaymaa Abdul-Wahab El-Sisi
This study explores the potential of artificial intelligence (AI) in fostering sustainable entrepreneurship within the tourism industry. The rapid growth of the tourism sector has…
Abstract
This study explores the potential of artificial intelligence (AI) in fostering sustainable entrepreneurship within the tourism industry. The rapid growth of the tourism sector has raised concerns regarding its environmental impact, social equity and economic sustainability. Sustainable entrepreneurship offers a promising approach to address these challenges by integrating environmental, social and economic considerations into business practices. AI technologies, with their ability to process vast amounts of data, analyse patterns and make predictions, have the potential to support sustainable entrepreneurship initiatives in the tourism industry. By analysing the current literature, this study provides insights into the effective utilisation of AI to promote sustainable entrepreneurship in the tourism industry, while acknowledging the need for responsible and ethical AI implementation. The findings contribute to the understanding of how AI can be harnessed as a tool for driving sustainable practices and innovation in the tourism sector, ultimately leading to a more sustainable and responsible tourism industry.