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

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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

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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

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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

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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

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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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