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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
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
Posted in Books
Tagged capitalism, corporations, Culture, economic history, Economic Sociology, globalization, imperialism, markets, monopoly, networks, social networks, trade, United Kingdom
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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
Posted in Books
Tagged capital, capitalism, economic history, growth, inequality, Political economy, state, taxation, Thomas Pikkety, wealth
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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 have 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
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 of … Continue reading
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
Posted in Books
Tagged civil society, democracy, economics, environment, policy, politics, prices, sustainability, valuation
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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
Posted in Books
Tagged capitalism, debt, Economic Sociology, environment, ethics, finance, money
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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
Posted in Books
Tagged capitalism, globalization, inequality, neoliberalism, Occupy Wall Street, social movements
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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)
Posted in Books
Tagged academia, Economic Sociology, public sociology, social sciences, sociology
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Corporate central planning and American industrialization
The Rise of Planning in Industrial America, 1865-1914 shows that the giant corporations that dominated the American economy through the 20th century were, first and foremost, unprecedented examples of successful, consensual central planning at a very large scale. Richard Adelstein’s … Continue reading
Posted in Books
Tagged corporations, economic history, Industrialization, planning, United States
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Overly honest reference: “Should we cite the crappy Gabor paper here?” :-)
Not sure how this made it through proofreading, peer review, and copyediting… That’s from this paper, but the “reference” was removed today from the HTML version, while PDF is already not accessible. By the way, in the final corrected version of … Continue reading
Is ‘regulatory capture’ as powerful and unpreventable as the informed consensus suggests?
Regulatory capture happens when a regulatory agency, formed to act in the public’s interest, eventually acts in ways that benefit the industry it is supposed to be regulating, rather than the public. When regulations (or lack thereof) seem to detract … Continue reading
Posted in Books
Tagged interest groups, policy, regulation, regulatory capture, Regulatory State, state
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The history of money and its “divine” metamorphosis in the 20th century
A noted cultural anthropologist Professor Jack Weatherford observed in his fascinating The History of Money: “In the 20th century, we saw money turn rapidly from paper into plastic and then into mere electronic blips generated in computers, transferred over telephone … Continue reading
Posted in Books
Tagged banking, credit, economic anthropology, economic history, finance, money, policy
4 Comments
Economics of War — Economy and War
This collection of papers, from various academic journals and various disciplines (with free access during November), covers topics concerning the relationship between the economy and war and economics of war in current and historical contexts: – Political regimes (democracy vs. authoritarian … Continue reading
Posted in Papers
Tagged economic history, fiscal sociology, growth, military–industrial complex, policy, Political economy, politics, war
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