Monthly Archives: November 2014

Do you have friends, colleagues or students interested in Economic ‪Sociology‬ and Political ‪‎Economy‬? Invite them to join our community

I’m sure all of us have 2-4 friends, colleagues or students interested in Economic ‪‎Sociology‬ and Political ‪Economy‬. So why not to invite them to join our community! It could be a great idea… 🙂 I personally thank you for … Continue reading

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Why the East India Company became the most powerful business‬ in history? Because it granted its employees the right to pursue their own commercial interests

Exploring trade network dynamics, decision-making processes and organizational context, in an extraordinary Between Monopoly and Free Trade: The English East India Company, 1600–1757 Emily Erikson (Yale University) demonstrates why the English East India Company was a dominant force in the … Continue reading

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18 focused interpretative digests of each chapter from ‪‎Piketty‬’s “‪‎Capital‬ in the 21st Century”

Read this impressive interpretative review of Thomas ‪Piketty‬’s Capital‬ in the Twenty-First Century – 18 focused posts devoted to each chapter from the book, carefully wrote by Adam David Morton (University of Sydney). Professor Morton clearly summarises each chapter in just a few … Continue reading

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Black Friday + Conspicuous consumption (Thorstein Veblen) = “Happiness”

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Racism is more than individual prejudice. It’s about power, capitalism and class struggle

Racism is about more than individual prejudice. It relies on the interests of those who hold the real power in society and the economy, and use every possible means to hold onto it. It’s about capitalism and class struggle. This … Continue reading

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‪‎Economists‬ admit: “‪‎Humans‬ are fundamentally a social species with interaction patterns that shape their behaviors”. ‪Eureka‬!!

Economists‬ admit: “‪Humans‬ are fundamentally a social species with interaction patterns that shape their behaviors.” What has caused this startling discovery?! A genuine ambition “to build better models”! 🙂 First of all, I would like to applaud, seriously, The Journal … Continue reading

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The Value of Nothing and Market Society

In The Value of Nothing: How to Reshape Market Society and Redefine Democracy, an award-winning academic and activist Raj Patel (University of Texas) reveals the hidden ecological and social costs of a hamburger (as much as $200), and asks how we … Continue reading

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“Debt: Ethics, the Environment and the Economy”: the concept of indebtedness in its various senses and perspectives

From personal ‪‎finance‬ and consumer spending to ballooning national expenditures on warfare and social ‪welfare‬, debt is fundamental to the dynamics of global capitalism. This timely and broad volume, adited by Peter Y. Paik and Merry Wiesner-Hanks (University of Wisconsin-Milwaukee), … Continue reading

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A documentary “Rise Like Lions- Occupy Wall Street and the Seeds of Revolution” tells the story of the movement in its own words

“Rise Like Lions- Occupy Wall Street and the Seeds of Revolution” is a documentary that tells the story & motivation behind the movement in its own words, pulling together a combination of internet and original footage. Created by Scott Noble, this … Continue reading

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Zygmunt Bauman: “Sociologizing makes sense only in as far as it helps humanity.”

Zygmunt Bauman: “…Sociologizing makes sense only in as far as it helps humanity.” in: Beilharz, Peter. 2001. The Bauman Reader. Oxford: Blackwell. (p. 335)

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