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In 1951 John Kenneth Galbraith wrote Milton Friedman to thank him for giving a lecture at #Harvard #economics department. This very short letter is not only a typical example for #Galbraith’s eloquence and sardonic phrasing, but underlines his ability to combine conceptual open-mindedness with a sincere standpoint of his own. Read, and more: https://economicsociology.org/2018/11/23/galbraith-vs-friedman-the-emancipation-of-belief-is-the-most-formidable-of-the-tasks-of-reform-the-one-on-which-all-else-depends/B&B: Tech companies love #dogs not unions // How US #conservative #elite persists // Male-dominated central banks // #India’s #demonetisation // The making of Tourist #Capitalism See the articles: https://economicsociology.org/2018/11/15/bb-tech-companies-love-dogs-not-unions-how-us-conservative-elite-persists-male-dominated-central-banks-indias-demonetisation-the-making-of-tourist-capitalism/Tags
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Recent Posts
- Great academic opportunities: 12 calls for papers, 4 jobs, 2 postdocs, visiting grant, PhD stipend, summer school
- Galbraith vs. Friedman — “The emancipation of belief is the most formidable of the tasks of reform, the one on which all else depends”
- B&B: Tech companies love dogs not unions // How US conservative elite persists // Male-dominated central banks // India’s demonetisation // The making of Tourist Capitalism
- Elite Men and Inequality in the Hedge Fund Industry
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ES/PE on Social Media
Monthly Archives: February 2018
On the wandering and exilic being of knowledge seeker
An eminent Saxon scholastic theologian Hugh of Saint-Victor (1096 – 1141) noted in his monumental encyclopedic treatise Didascalion: “All the world is a foreign soil to those who philosophize… It is, therefore, a great source of virtue for the practiced mind to learn, bit by bit, … Continue reading
A Critique of the Critique of Finance: Critics of neoliberal capitalism rarely recognize the productive power of speculation
by Martijn Konings* If there is one theme that unites the various critiques of contemporary finance, it is the emphasis on its speculative character. Financial growth is said to be driven not by the logic of efficient markets, but rather … Continue reading
The Goose and the Common — The Privatization of Public Space
“The [following 18th century folk] poem is one of the pithiest condemnations of the English enclosure movement, the process of fencing off common land and turning it into private property. In a few lines, the poem manages to criticize double standards, … Continue reading
Social Media, Authoritarian Capitalism, and Donald Trump
by Christian Fuchs* In the years from 1986 until 1999, the leader of the Austrian Freedom Party Jörg Haider with the help of anti-immigration slogans, politics as entertainment, a juvenile and dynamic habitus, as well as ridicule of opponents led his … Continue reading
Posted in Books, community members posts
Tagged capitalism, Frankfurt school, media, nationalism, neoliberalism, politics, populism, social media
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Being the 1%, or What It Means to Be Entitled
by Rachel Sherman* Most contemporary research on economic inequality focuses on the causes, contours, and consequences of unequal distributions of resources. But how they do such distributions become legitimate? Why do people accept them, and even take them for granted? Why … Continue reading
Posted in Books, community members posts
Tagged class, consumption, elites, inequality, money, morality, privilege, wealth
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BITS & BRIEFS: Fed boosted inequality // Fascism promised welfare // Super-citizens shape policy // Financial ‘self-help’ // Grade inflation in marketized university // India’s economic history
> Gerald Epstein on how the Federal Reserve’s quantitative easing helped the banks and increased inequality (video) > The appeal of Fascism lays in a promise to protect people in times of excessive and unrestrained Capitalism — by Sheri Berman > Super-citizens: how the … Continue reading
Posted in BITS & BRIEFS
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Market Sentiment and the Ingenuity of the Markets
In a brilliant sketch by John Bird and John Fortune, aired during The South Bank Show on 14 October 2007, these British satirists trace the very workings of financial markets and the outbreak of the subprime crisis. Tragicomedy at its best…! *** Join Economic Sociology … Continue reading
Calling for Resistance: the Electronic Panopticon of Call Centers and the Neoliberal Future of Work
by Jamie Woodcock* For Working the Phones: Control and Resistance in Call Centres, I spent six months working undercover in a call centre in the UK. Taking inspiration from workers’ inquiry – a Marxist method of co-research that combines knowledge production with organising … Continue reading
Posted in Books, community members posts
Tagged control, ethnography, labor, managerialization, Marxism, neoliberalism, precarity, work
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Great academic opportunities: 20 calls for papers, 9 jobs, 5 doctoral fellowships, 3 summer schools, 4 postdoc positions, and 2 grants
Dear ES/PE community member, see below an abundant list of great academic opportunities: 19 calls for papers for conferences and workshops (some are fully or partially funded), 9 job openings, 5 doctoral fellowships, 3 summer schools (fully or partly funded), 4 postdoc and visiting positions, … Continue reading
Posted in Academic announcements
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