{"title":"Robert C. Hockett","description":"\u003cp\u003eWelcome to our collection of works by Robert C. Hockett, an esteemed author and scholar renowned for his deep insights into finance and investment. Delving into subjects that are both timely and transformative, Hockett's writings are a must-read for anyone keen on understanding modern economic systems. His works are rooted in the belief that capitalism can and should serve the wider public, making his explorations highly relevant in today's evolving financial landscape.\u003c\/p\u003e\n\n\u003cp\u003eAmong his notable publications is \u003cem\u003eMaking Capital Democratic\u003c\/em\u003e, a book that challenges traditional perspectives and offers innovative strategies to democratise capital. Hockett's expertise shines through as he combines rigorous research with accessible language, making complex financial concepts understandable and engaging for both seasoned professionals and newcomers alike.\u003c\/p\u003e\n\n\u003cp\u003eIf you're interested in the world of finance and the future of investment, Robert C. Hockett's books provide a valuable and thought-provoking resource. Explore his works today and gain unique perspectives that could reshape your understanding of economic systems.\u003c\/p\u003e","products":[{"product_id":"making-capital-democratic-by-robert-c-hockett-9781509570058","title":"Making Capital Democratic","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eThe “software” that structures our financial systems, and through them, the broader economy, is made up of certain basic concepts that guide how we think. These concepts include money, finance, investment, credit, and—above all—capital. This conceptual software manifests itself in our current “operating system” of institutions and practices. However, our concepts and the system itself are radically outdated as representations of monetary, financial, productive, and distributive reality. Robert Hockett shows that this mismatch has serious consequences and argues that it’s time for a complete overhaul of our economic understanding.\u003c\/p\u003e\n\n\u003cp\u003eThe underlying conceptual problem, Hockett contends, is that we miss the extent to which our financial systems are deeply and ineradicably public. Money is an inherent emanation of our basic social contract; capital, in turn, emerges as almost entirely publicly generated. Our systems of finance and investment must therefore be publicly and democratically determined. Leaving them in the hands of private powers means resigning ourselves to current health and income inequalities, ever-more-frequent financial crises, and economic stagnation and decline—not to mention social and political deterioration across the developed world.\u003c\/p\u003e\n\n\u003cp\u003eLucid and passionately argued, \u003ci\u003eMaking Capital Democratic\u003c\/i\u003e is a seamless blend of philosophy and economics that calls for profound intellectual and institutional changes that would befit a democracy that is democratic in more than just name.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":46792117027052,"sku":"9781509570058","price":47.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/12722833482725.jpg?v=1756995207"},{"product_id":"a-republic-of-producers-by-robert-c-hockett-9780300224177","title":"A Republic of Producers","description":"\u003cp\u003e\u003cstrong\u003eA radically original solution to our most intractable economic problems: wage stagnation, productive atrophy, and wealth inequality\u003c\/strong\u003e \u003c\/p\u003e\u003cp\u003eThis sweeping and ambitious book locates the source of American economic and social decline in a simple but profound observation: the nation's forms of citizen ownership have not kept up with its sources of wealth. In the early republic, the Jeffersonian ideal of an agrarian citizenry, whose productive assets lay primarily in land ownership and their own education, more or less matched the productive sources of wealth in the nation as a whole. But as we grew from an agrarian nation to an industrial one, the forms of citizen ownership did not change with the economy: instead, efforts toward land ownership were transferred to ownership in unproductive real estate—that is, homes. It is the effort to draw wealth from limited and relatively unproductive sources that makes the average American citizen fall farther and farther behind in income, and also caused the artificial inflation of real estate that led to the 2008 crash. \u003c\/p\u003e\u003cp\u003eAdvancing a theory of \"income-compositional symmetry,\" Robert C. Hockett argues that in order to remedy wage stagnation, productive atrophy, and extreme wealth inequality, industrial, financial, and commercial forms of ownership need to be as universally accessible to citizens as land and education. Hockett presents a unique, financially engineered program for doing so, showing how it coheres with our political and legal traditions as well as what he calls our \"endowment psychologies.\"\u003c\/p\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47031778115820,"sku":"9780300224177","price":131.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/5d8266b7259834fafe907dad8eaba674.jpg?v=1764154497"}],"url":"https:\/\/bookhero.co.nz\/collections\/robert-c-hockett.oembed","provider":"Book Hero","version":"1.0","type":"link"}