Author Archives: Oleg Komlik

Finance under state capitalism: Re-conceptualising capital markets through China’s financial transformation

by Johannes Petry* When one thinks of China, burgeoning capital markets – the epitomisation of free market capitalism – are certainly not the first thing that spring to mind. By 1989, capital markets did not even exist in China. But … Continue reading

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Great academic opportunities: 11 calls for papers, 8 jobs, 6 postdocs, 2 PhD fellowships, 2 visiting posts, 2 prizes

Dear ES/PE community member, see below a list of great academic opportunities:  11 calls for papers for conferences and special issues, 8 job openings, 6 post-doc positions, 2 PhD fellowships, 2 visiting posts, and 2 prizes in various areas of … Continue reading

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B&B: Tax flight myth // Covid-19 and a crisis of neoliberalism // Models, morals and Wall Street // Caste systems persist // Smart City or corporate siege // New Labour’s unions reform

> If taxes rise, the rich will leave! No, they won’t. Contrary to popular opinion, although the rich have the resources and capacity to flee high-tax places, their actual migration is surprisingly limited — a video lecture by Cristobal Young, … Continue reading

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Towards a New Political Economy of India: the Formation of Rural Middle Classes

by Maryam Aslany* For observers of the developing world, the ‘middle class’ has become a key category of economic analysis and forecasting. The discussion suffers, however, from a major oversight, since it assumes that the middle class is exclusively urban. … Continue reading

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Foucault: Neoliberalism Redefined Homo Economicus

Michel Foucault, a lecture at the Collège de France, March 1979: “The characteristic feature of the classical conception of homo economicus is the partner of exchange and the theory of utility based on a problematic of needs. In neo-liberalism — … Continue reading

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Human Need vs. Capitalist Greed: a Gastronomic Rebuttal of Mainstream Economics

by Michael Symons* “A tap of my magic wand… and all you see is money!” With this, the conjurer distracts attention from healthy bodies, happy households, wise governments, and nature. Even the actual market of bread, apples and beer disappears … Continue reading

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Great academic opportunities: 13 calls for papers, 12 jobs, 7 post-docs, 3 PhD fellowships, 2 summer schools, a grant

Dear ES/PE community member, see below a list of great academic opportunities:  13 calls for papers for conferences and special issues, 12 job openings, 7 post-doc positions, 3 PhD fellowships, 2 summer schools, and a grant in various areas of … Continue reading

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B&B: Debt is a social construction // Erasure of a black middle class // Miseducation and inequality // Neoliberal quantification in academia // Promoting democracy or “free market” ideas?

> “Debt is a social construction, fundamentally malleable, and what’s unmanageable must eventually be seen as immoral” — Olivia Schwob discusses the long history of debt cancellation and calls to consider taking this path, reflecting on excellent books on debt … Continue reading

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Polanyi’s Prescience: Covid-19, Market Utopianism, and the Reality of Society

by Margaret Somers and Fred Block * One of Karl Polanyi’s fundamental concepts is ‘the reality of society’, a term he uses in The Great Transformation (TGT) (Polanyi 1944/2001) to contest the idealised model of the autonomous self-regulating market. Modern … Continue reading

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The ES/PE community on social media

Dear email subscribers and WordPress subscribers to the Economic Sociology and Political Economy community blog, this post is mainly for you. Wouldn’t you like to know and recall, what we talked about the day before the Nobel Prize in Economic … Continue reading

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Political Economy After Neoliberalism: A Manifesto for New Thinking

by Neil Fligstein and Steven Vogel* If anything could have dislodged the neoliberal doctrine of freeing the market from the government, you might have expected the coronavirus pandemic to do the trick. Of course, the same was said about the global financial … Continue reading

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Discipline and Punish: The Challenge of Teaching

While I was preparing a syllabus for a new course, two entertaining sayings jumped to my mind. The first was made by the master — Michel Foucault. During one of his lectures at Victoria University in Toronto in 1982, he … Continue reading

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Forms of Capital and Moral Legitimation of Capitalism

by Ivan Light* The class system routinely provides people with resources they need to enact their inherited status. These resources are Pierre Bourdieu’s four forms of capital: financial, human, cultural, and social. A coal miner’s son will not need and … Continue reading

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Great academic opportunities: 8 calls for papers, 7 jobs, 4 postdocs, 3 PhD fellowships, 3 awards, 2 grants

Dear ES/PE community member, see below a list of great academic opportunities:  8 calls for papers for conferences and special issues, 7 job openings, 4 post-doc positions, 3 PhD fellowships, 3 awards, and 2 grants in various areas of economic … Continue reading

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The Future of Work

“I can’t remember — do I work at home or do I live at work?“ See below insightful books on various aspects of the phenomenon reflected in the cartoon. The point is, although they were written in the pre-COVID-19 world, … Continue reading

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