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BITS & BRIEFS: Mariana Mazzucato is the 2019 "Not The Nobel Prize" winner // Malls and escapism // Capital, law and corporation // #Keynesianism is not Keynes' economics // #Slavery and US universities were intertwined more than we thought // When #middleclass isn't shrinking // Sex, lies & financial crises https://economicsociology.org/2019/11/09/bb-not-the-nobel-prize-winner-malls-and-escapism-capital-and-corporation-keynesianism-slavery-and-us-universities-middle-class-sex-lies-and-financial-crises/ #economicsociology #politicaleconomyThe pursuit of #happiness has developed into an oppressive lifestyle that normalizes self-absorption, fosters #consumption, and shapes individuals in the image of the #neoliberalism. Edgar Cabanas discusses his new insightful and eye-opening book, co-authored with Eva Illouz. https://economicsociology.org/2019/10/29/manufacturing-personal-happiness/ #economicsociology #cultureTags
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- Manufacturing Personal Happiness
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Monthly Archives: September 2014
Democratic pressure lead to abolition of university tuition fee in Germany. This neoliberal experiment contributed to increasing educational and income inequality
During the past eight years, university tuition fees were introduced into most German federal states as under Germany’s federal system, state governments run education policy. Yet during the last months, as a result of political processes and increasing public pressure … Continue reading
Posted in Papers
Tagged Germany, higher education, inequality, neoliberalism, policy, politics
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“Economics graduate programs may be turning out a generation with too many idiot savants skilled in technique but innocent of real economic issues.”
A sentence adorning the title of this post was one of the conclusions of the American Economic Association’s Commission on Graduate Education in Economics, formed in 1991, chaired by Anne Krueger and included Kenneth Arrow, Robert Lucas, Joseph Stiglitz, Lawrence … Continue reading
Posted in Papers
Tagged academia, economic history, Economic Sociology, economics, knowledge, Political economy, Sociology of economics
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The Bridge and the Door to the new academic year– my wishes to you in Georg Simmel’s insightful and imaginative words
Georg Simmel: “The bridge symbolizes the spreading of our will through space. [..] The bridge encourages the eye to inter-relate parts of the landscape just as in practical reality it encourages bodies to relate with one another. […] The door … Continue reading
What crisis? Everything must (not) change so that the IMF can remain the same.
During the last years, some economists at the International Monetary Fund (IMF) have presented papers, that allegedly rejected several neoliberal ideas (on a range of issues, from fiscal policy to capital controls) which have been preached and enforced by its … Continue reading
Posted in Papers
Tagged market fundamentalism, crisis, economics, fiscal policy, global governance, IMF, monetary policy
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“The Moral Background: An Inquiry into the History of Business Ethics” by Gabriel Abend brings a novel conceptual depth to the important field of the sociology of morality
Investigate the history of business ethics in the United States from the 1850s to the 1930s, this fine book (open access to the introduction) examines the work of numerous business ethicists and organizations—such as Protestant ministers, business associations, journalists and … Continue reading
“Classification Situations: Life-chances in the Neoliberal Era” proposes to revisit class analysis through the prism of techno-social changes represented by the advent of market devices
A very interesting research “Classification Situations: Life-chances in the Neoliberal Era” by Marion Fourcade & Kieran Healy examines the stratifying effects of economic classifications. They argue that in the neoliberal era market institutions increasingly use actuarial techniques to split and … Continue reading
Posted in Papers
Tagged banking, class, classification, credit, markets, social studies of finance, stratification
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Scots, Save the Finance Capitalism!
It is fascinating to observe how the knights of the Neoliberal Globalism: economists (mainstream, sort of critical towards mainstream and those who sought repentance such as Jeffrey Sachs), the business elite, the nowadays’ robber barons, and their couriers in the … Continue reading
Posted in Oleg Komlik
Tagged European Union, finance, nationalism, neoliberalism, Scotland, United Kingdom
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“The Supranational Corporation: Beyond the Multinationals” shows how corporations flaunt laws and act as controlling powers beyond the legal national constraints
This book by Laura Westra lays bare corporate actions both domestic and international, under the guise of legal “personhood” that has granted corporations increasing power. As a result, corporate decisions undermine and even nullify legal decisions made by governments designed … Continue reading
Posted in Books
Tagged corporations, global governance, globalization, glocalization, law, multinationals, power, state
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Fascinating labor history: during September 1911 dozens children’s strikes were held across the UK and Ireland
Children’s strikes were part of the huge upheaval of labour in the long summer of 1911. The widespread industrial unrest then has often been written about, but children’s strikes are little-known. Mass walkouts of schoolchildren took place at least in … Continue reading
Who Are the Foreclosed? A portrait of Americans displaced by the mortgage foreclosure crisis
Based on data from the National Suburban Survey from September 2010, Christopher Niedta & Isaac William Martin found that the person who has experienced home mortgage foreclosure since September 2007 resembles the average American but is somewhat likely to be … Continue reading
Posted in Papers
Tagged crisis, housing, inequality, poverty, subprime mortgage crisis, United States
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The Causes of Structural Unemployment: Socio-political and Economic perspectives on Changes in Labor Markets
The Causes of Structural Unemployment skillfully integrates socio-political and economic perspectives to highlight the major changes in the structure of labor markets in affluent industrialized nations. Recent years have seen growing concern over declining jobs, and though corporate profits have picked up … Continue reading
Posted in Books
Tagged crisis, financialization, globalization, inequality, labor, neoliberalism, shareholder value, sociology of work, unemployment
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“The left and Scottish nationalism”- what are the origins and implications of the left’s dalliance with Scottish independence?
“The left-wing case for Scottish independence now stands at the heart of the referendum battle, because it is Labour’s core support that offers the only route to victory for the ‘yes’ camp. Strategically, this reliance on left-wing nationalism is both … Continue reading
Posted in Papers
Tagged labor, nationalism, neoliberalism, politics, Scotland, United Kingdom
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