Focusing on the period between the 1970s and the present, Life as Surplus is a pointed and important study of the relationship between politics, economics, science, and cultural values in the United States today. Melinda Cooper demonstrates that the history of biotechnology cannot be understood without taking into account the simultaneous rise of neoliberalism as a political force and an economic policy. From the development of recombinant DNA technology in the 1970s to the second Bush administration's policies on stem cell research, Cooper connects the utopian polemic of free-market capitalism with growing internal contradictions of the commercialized life sciences. The biotech revolution relocated economic production at the genetic, microbial, and cellular level. Taking as her point of departure the assumption that life has been drawn into the circuits of value creation, Cooper underscores the relations between scientific, economic, political, and social practices. In penetrating analyses of Reagan-era science policy, the militarization of the life sciences, HIV politics, pharmaceutical imperialism, tissue engineering, stem cell science, and the pro-life movement, the author examines the speculative impulses that have animated the growth of the bioeconomy. At the very core of the new post-industrial economy is the transformation of biological life into surplus value. Life as Surplus offers a clear assessment of both the transformative, therapeutic dimensions of the contemporary life sciences and the violence, obligation, and debt servitude crystallizing around the emerging bioeconomy.

First published in 1981, Professor Mishan’s Economic Efficiency and Social Welfare: Selected Essays on Fundamental Aspects of the Economic Theory of Social Welfare is a collection of 22 pioneering essays written while the author was teaching at the London School of Economics and chosen to indicate landmarks in the development of his own thought. Professor Mishan, who also enjoys an international reputation as a popular writer on the impact of modern economic growth on social welfare, is among the foremost authorities in the field of resource allocation, and his influence in his subject area has been profound. Mishan’s essays, while generally accessible to the layman due to the author’s lucidity, his economy in the use of mathematical notation and his concern with perspective, are invaluable reading for the economics undergraduate. The essays are particularly relevant to upper level students of project appraisal, welfare economics and cost benefit analysis requiring a coherent survey of their field of study.

The book presents a number of empirical case studies of community economies in the context of a Nordic welfare state to better understand the potential of community economies and the interaction and friction with state governance, and more generally the conditions in which community economies and Nordic welfare states can co-exist and cooperate.

Calls for a more people-focused approach to statistics on economic performance, and concerns about inequality, environmental impacts, and effects of digitalization have put welfare at the top of the measurement agenda. This paper argues that economic welfare is a narrower concept than well-being. The new focus implies a need to prioritize filling data gaps involving the economic welfare indicators of the System of National Accounts 2008 (SNA) and improving their quality, including the quality of the consumption price indexes. Development of distributional indicators of income, consumption, and wealth should also be a priority. Definitions and assumptions can have big effects on these indicators and should be documented. Concerns have also arisen over potentially overlooked welfare growth from the emergence of the digital economy. However, the concern that free online platforms are missing from nominal GDP is incorrect. Also, many of the welfare effects of digitalization require complementary indicators, either because they are conceptually outside the boundary of GDP or impossible to quantify without making uncertain assumptions.

Although the welfare state is unquestionably one of the noblest accomplishments of the 20th century, certain steps must be taken for its continued survival, including market participation and population planning. This path-breaking analysis of the welfare state examines the fundamental conflict existing in every modern industrial state between efforts to optimise efficiency and equality. Earlier studies of the welfare state relying on various single social science perspectives, led to disciplinary tunnel vision. This study corrects this myopia by offering an interdisciplinary approach to conceptualising a welfare state that balances a civil society, which provides caregiving to the vulnerable, with wealth-building activities.

With an eye to further our understanding of everyday life in global capitalism, Urban Displacements provides the first systemic critical political economy analysis of low-income rental housing and social dislocations, combining both theoretical advancements and detailed empirical studies, centering on Berlin, Dublin and Vienna. Soederberg pushes beyond dominant debates by treating low-rent housing as a unique commodity that provides a necessary place for the societal reproduction of labour power whilst being integrated into the global dynamics of capitalism. She argues that historical and geographical configurations of monetized governance, including landlords, employers and inter-scalar state practices, have served to reproduce urban displacements and obfuscate their gendered, class and racialized underpinnings. The outcome is the everyday facilitation and normalization of urban poverty and social marginalization on one side, and capital accumulation on the other. Building on Soederberg’s previous book Debtfare States and the Poverty Industry, this accessible and interdisciplinary text will be useful to academics and students in political science, sociology, geography, urban studies, labour studies, European studies and gender studies.