While the notion of autarky is often contested in terms of feasibility and desirability, art and design projects that deal with autarky seem to moreover suggest positive socio-cultural and ecological effects of autarkic living. A social network model of autarky is introduced to unify these seemingly opposing views.
While the notion of autarky is often contested in terms of feasibility and desirability, art and design projects that deal with autarky seem to highlight the positive socio-cultural and ecological effects of autarkic living. This paper will discuss three notable media artworks that highlight these positive effects of autarkic living, and will unify them with opposing views by introducing a social network model of autarky.
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In this paper we analyze the effects if two countries, with different settings on the labor market, open their capital markets. To do this we follow the ideas of New Institutional Economics in combination with a new model of economic growth. We will use a Leontief production function, where we derive the distribution of income by using an approach stemming from conflict theory, to highlight some new insights into the question whether an open world capital market enhances the overall welfare. First of all, using conflict theory, we will pay some attention to the micro-economic foundation of a Harrod-Domar model. At least we want to analyze what will happen if for e.g.: China opens the capital market to the EU zone, where the institutions in both regions are very different. We will show that this will always lead a race to the bottom from the view of workers in the former developed region.
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