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“And what if the choice had never been between Market and State organizations, between liberals and socialists, but instead between those who believe in the miracles of a pre-established harmony and those who refuse to ‘believe in miracles’? Could we not re-read, retrospectively, everything that has happened to us in the past two hundred years and that we have far too hastily summarized under the name of ‘#capitalism’?” (Latour and Lépinay 2009: 5) https://economicsociology.org/2019/07/19/neither-market-nor-state/Why have historians ceded authority to economists as reliable and competent policy advisors? Proponents of alternatives must rise up. They are not in short supply; they are even in high demand. #History is an illuminating projector towards the future. Understanding #politicaleconomy, which is essentially a historical science, is a powerful tool to confront neoliberal politics backed by neoliberal #economics. https://economicsociology.org/2014/10/09/how-historians-have-ceded-authority-to-economists-as-reliable-and-competent-policy-advisors/ #neoliberalism #policyTags
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ES/PE on Social Media
Search Results for: money
B&B: Thomas Piketty on Tony Atkinson // Cultural birth of Austrian Economics // Slavery made capitalism // Cold War fueled Free Market // Gendering of money // Topology of finance
This time, especially worth reading and sharing articles: > Thomas Piketty reflects on Tony Atkinson’s remarkable intellectual journey, his path-breaking works, and his last book Inequality: What Can Be Done? > How 1920-30s Viennese politics and culture shaped Austrian Economics and … Continue reading
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The Role of Money in Social Life: Morality and Power in the World of the Poor
by Ariel Wilkis* “Perhaps behind the coin is God.” — Jorge Luis Borges, The Zahir (1949) My book The Moral Power of Money: Morality and Economy in the Life of the Poor (Stanford University Press, 2017) offers a new focus for … Continue reading
Posted in Books, community members posts
Tagged Argentina, community, ethnography, money, morality, politics, poverty, power, social networks, sociology of money, welfare
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BITS & BRIEFS: Sharing, not “Sharing Economy” // Zelizer on Money // Social movements create unionization // Schumpeter’s “Economics of Socialism” syllabus // Deaths of Despair rise
This time, especially worth reading – and sharing – articles: > Sharing, not “Sharing Economy”: For most of human history, there was no such thing as private property > “Money is not a social engine, but rather a malleable social product“, … Continue reading
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Yes We Got Money
That money talks, I’ll not deny, I heard it once: It said, ‘Goodbye’. (Richard Armour) “Yes We Got Money” by Klaus Langer *** Join the Economic Sociology and Political Economy community via Facebook / Twitter / LinkedIn / Google+ / Instagram / Tumblr
BITS & BRIEFS: Labor in the Global Economy // Invention of consumers // Money costs more for poor // Business of travel and immigration // Slavery fueled capitalism
Seemingly different, but actually quite related five interesting reads: > How technological change, globalization and taxation shrank the share of labor income and empowered capital during the last three decades – by Prof. Kimberly Clausing > Money costs more when you … Continue reading
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What is Money?
“Money is not a “mere voucher for unspecified utilities”, which could be altered at will without any fundamental effect on the character of the price system as a struggle of man against man. “Money” is, rather, primarily a weapon in … Continue reading
Posted in Oleg Komlik
Tagged class, Max Weber, money, power, price determination, sociology of money
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“I listen to money singing… It is intensely sad.”
“Money”, by Philip Larkin Quarterly, is it, money reproaches me: ‘Why do you let me lie here wastefully? I am all you never had of goods and sex. You could get them still by writing a few cheques.’ So … Continue reading
BITS & BRIEFS: Politics of Nobel Prize // Privilege of leisure // Future of money-like things // Corporate Social Science
Legitimizing “Free Market” and rejecting Social Democracy: Prof. Avner Offer on the origins, power and politics of Nobel Prize in economic sciences How would society change if the aristocratic privilege of leisure becomes the birthright of all? What if jobs are … Continue reading
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Christmas and conspicuous consumption: “People want something that shows money”
The commercialization of Christmas in the light of — and in the wake of — industrial capitalism in the UK and US during the 19th century– is a very interesting subject matter. (At the end of this post I added two links to … Continue reading
Posted in Books, Oleg Komlik, Papers
Tagged culture, commercialization, consumerism, feminism
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In Cryptography We Trust — Money as a Secularized Theodicy
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BITS & BRIEFS: Surveillance consumerism // Privatization of hope // FDR, public spending and money creation // I think therefore I am
I think today’s collection of Bits & Briefs is really worth reading. I call it “Surveillance consumerism”: What do consumers want? Learn their lives through their selfies and make them pay The Privatization of Hope: the rejection of even a … Continue reading
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BITS & BRIEFS: State as the entrepreneur // Money and valuation in prison // Divided working class in China // The richest man who ever lived
Debunking the myth about government: the state is an engine of innovation and entrepreneurship – by Prof. Mariana Mazzucato Monetary hierarchy in prison: the social mechanisms of ranking people and objects in carceral systems – by Prof. Alexandre Roig Why does … Continue reading
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BITS & BRIEFS: What is money? // Uberization of work and Shareholder Value // Credit and politics of inequality // R.I.P. John Urry
What is money? Money is a social system. Why and how it is created and used? An instructive podcast (25 min), featuring academics How the Uberization of work is rooted in the cult of Shareholder Value; “Corporations are ‘job creators’ … Continue reading
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BITS & BRIEFS: Free trade and World War I // Zelizer’s The Social Meaning of Money // Why Anti-Tax is Pro-Family // Social Class and consumption in Japan
Free trade, specialization in production and global division of labor are the causes of the First World War – Prof. Branko Milanovic on Avner Offer’s The First World War: An Agrarian Interpretation 20 years after Viviana Zelizer’s The Social Meaning of Money – … Continue reading
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BITS & BRIEFS: Chinese consumer society // Corporate money and climate change // Political economy of intimacy // Systemic risk in consumer finance
Rise of chinese consumer society: challenges and opportunities for sustainable consumption and production (by Alison Browne, Leonie Dendler, Zhu Di and Dunfu Zhang) Corporate-funded researches & campaigns created an impression of scientific divide on climate change, reveals Prof. Justin Farrell “They say … Continue reading
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