Author Archives: Oleg Komlik

The Virtues of the Market: Wilhelm Röpke as a Cultural Economist

by Erwin Dekker* Neoliberalism is often associated with an excessive focus on the market at the expense of both the state and society. A new book Wilhelm Röpke (1899–1966): A Liberal Political Economist and Conservative Social Philosopher, edited by Patricia Commun … Continue reading

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The Economist presents: the dangers of free hospital parking. The Neoliberal absurdity at its ‘best’

“If a hospital in a crowded city stopped charging [for parking], it would mean more frail, elderly people staggering into the accident and emergency ward on their own as their sons and daughters search for a space, more parents panicking … Continue reading

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The Growth of Shadow Banking and State-Finance Relations

by Matthias Thiemann* How can we understand the growth of a system of credit provisioning outside of the realm of bank regulation since the 1970s which linked non-banks and banks in a convoluted system of market-based banking, securitization and wholesale … Continue reading

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B&B: Sins of economics // Appropriating the planet // Living in precarity // You are financier // Historians and economists // Labor and serendipity // Neoliberalism uses imperialism

This time, especially worth reading and sharing articles: > The Seven Sins of Economics: 1) Alice in the wonderland of assumptions, 2) Abuse of modelling, 3) Intellectual capture, 4) The science obsession, 5) The textbook and Econ 101, 6) Ignoring … Continue reading

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The Making of Homo Financius and Neoliberal Morality

“There is [a] set of qualities ascribed to the actions and conduct of mankind, distinct from their propriety or impropriety, their decency or ungracefulness, and which are the objects of a distinct species of approbation and disapprobation. These are Merit … Continue reading

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Great academic opportunities: 18 calls for papers, 8 jobs, 5 postdocs, 3 PhD fellowships, 2 grants, a summer school

Dear ES/PE community member, see below a fresh list of great academic opportunities: 18 calls for papers for conferences and workshops (some are partially or fully funded), 8 job openings, 5 post-doc / visiting positions, 3 doctoral fellowships, 2 research grants, a … Continue reading

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Probably the best “Acknowledgments” ever (5)

“Contrary to the fashion in most prefaces, I will not add that “all mistakes and shortcomings are entirely my responsibility.” That is sheer bourgeois subjectivism. Responsibility in matters of these sorts is always collective, especially with regard to the remedying … Continue reading

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Finance, Class, and the Birth of Neoclassical Economics: The Marginalist Revolution Revisited

by Yair Kaldor* In economic textbooks, the concept of “value” is regarded as nothing more than the prevailing market price. This definition might seem self-evident, but it stands in sharp contrast to the classical theories of Adam Smith and David … Continue reading

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The 2019 Zelizer Award for Best Book in Economic Sociology goes to ‘Starving the Beast’ by Monica Prasad

Northwestern University scholar Monica Prasad is the winner of the 2019 Zelizer Book Award given by the American Sociological Association’s Economic Sociology section for an outstanding book in the field. Prasad will receive the Award for her superb book Starving … Continue reading

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Syntactic Structures: Noam Chomsky’s First Power Point Presentation

Alternative headlines for this historic event: Understanding Power [Point] or Power [Point] Systems or Chomsky on Mis-Education 🙂 — courtesy of Open Culture  *** Join Economic Sociology and Political Economy community via Facebook / Twitter / LinkedIn / Instagram / Tumblr / Reddit / Telegram

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Neither Market Nor State?

“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 … Continue reading

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B&B: Neoliberalism as creative destruction // Surveillance business // History of capitalism and counter-genealogy of race // Workplace is the hub of political power // GDP is irrelevant

This time, especially worth reading  and sharing articles: > Neoliberal capitalism is a “form of creative destruction. For everyone whose life was being regenerated or rejuvenated… there was someone, as well, whose life was being destroyed”, asserts Akash Kapur in … Continue reading

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Are Entrepreneurs Dangerous to the Market Economy more than Marxists?

Yes — asserts regarding the odd question in the title one of the founders of Ordoliberalism Professor Franz Böhm: “The entrepreneurs […] in contrast with their emphatic declarations in favour of the market economy, are more inclined, at least, to … Continue reading

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Great academic opportunities: 18 calls for papers, 4 postdocs, 4 jobs, 3 doctoral fellowships, a research grant

After a several-month intermission, I am glad to let you know that the ES/PE community blog is resuming its activity. Your wondering inquiries and kind emails I’ve been receiving reminded me of Jacques Lacan’s argument that anticipation creates a symbolic social … Continue reading

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German New Economic Sociology and the Max Planck Institute for the Study of Societies

The new much-anticipated discussion paper by John Wilkinson (Federal Rural University of Rio de Janeiro) provides a thoughtful and comprehensive survey of German new economic sociology with a special focus on the contributions of the Max Planck Institute for the Study … Continue reading

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