Category Archives: BITS & BRIEFS

BITS & BRIEFS: The Pro-market // From healthcare to a profit gear // Financialization against the Climate // History of constructing equality // Gentrification and neoliberalism

> How The Economist thinks: The journal always strives not to risk conclusions that may hurt the case for unregulated markets — by Nathan J. Robins > How during the 20th century health insurance initiatives shifted from protecting patients to an industry seeking profit … Continue reading

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BITS & BRIEFS: Polanyi’s critique // Inequality and climate change // Ha-Joon Chang on economics // Conservative distrust in expertise // Infrastructuring stability

> Karl Polanyi’s Great Transformation and its critique revive every time capitalism and mainstream economics fail. Steven Klein contends that Polanyi’s recent critique reveals the limits of current political and economic debates. > From the 1990s, elites aimed to get rid of the solidarity … Continue reading

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BITS & BRIEFS: Judith Stein // Philanthrocapitalism // Economic Sociology vs. Behavioral Economics // Talks on capitalism and democracy in media // Black proletariat

> RIP Judith Stein: a lifelong maverick scholar studying and teaching class, labor, elites, and race in the US history — by Nelson Lichtenstein > Philanthrocapitalism: there is no such thing as a free gift. Linsey McGoey on reinforcing the existing power … Continue reading

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BITS & BRIEFS: Piketty and fellow economists // Why poverty clusters in city’s east // Tax Policy created the 1% // Civil rights and unionism // Consumption, debt, and personal well-being

>  Why Are Economists Giving Piketty the Cold Shoulder? Piketty questioned the very value of having a credentialed economics elite empowered to make policy in the name of the public interest but not answerable to public opinion — by Marshall Steinbaum > In … Continue reading

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BITS & BRIEFS: NY Fiscal Crisis and austerity politics // Capitalism v. Nature // Employer is more powerful than a state // On derivatives with Randy Martin // Currency without Central Bank

This time — especially worth reading (and sharing) articles: > How bankers and technocrats used the 1975 New York Fiscal Crisis to permanently reshape the city: the early and exemplary case of imposing neoliberal austerity — an interview with Kim Phillips-Fein, an author … Continue reading

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BITS & BRIEFS: In praise of cash // Mechanical Turn in economics // Financialization of Higher Education // Economics of racial violence // Decline in manufacturing shapes family structure

> Cashless society is the bank-controlled society. Cash money is a great public good, important for rich and poor alike — asserts Brett Scott > The Mechanical Turn in economics and its consequences. Instead of exploring the inner structure of interest, community … Continue reading

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BITS & BRIEFS: Economics and nature //  Fair taxation // Land-backed currency // Post-growth economy // Life and death in India

> Ditch the belief that economics is about mechanical rules; Work with, not against, nature’s resources — by Prof. Kate Raworth > Neither inequality nor suffrage nor globalization influenced tax rates; But perceptions about what is a fair tax system — argues Prof. Julia Ott  … Continue reading

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BITS & BRIEFS: Habermas, capitalism and democracy // British class system // Neoliberalism and Digital Humanities // Food Industrial Complex // Promoting knowledge or special interests

> Jürgen Habermas: the great thinker in the nexus between capitalism and democracy — a great review essay by William E. Scheuerman of a great book by Stefan Müller-Doohm  > The British class system is becoming more polarized between a prosperous elite and a poor precariat, shows … Continue reading

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BITS & BRIEFS: Pressures of employability // Debt in academic life // Homo Economicus is a man // Funding religion // Racial inequality

Five thought-provoking  and interesting reads: > Employability is a tragic path of self-policing and the constant questioning of personal achievements, while “free-time” has become a mere continuation of the forms of profit-oriented social life — asserts David Frayne  > Why would a tenure-track … Continue reading

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BITS & BRIEFS: In defense of hierarchy // Piketty’s new findings // Turning point in think tanks’ history // When corporations led to equality // Marginalization of racial (in)justice

This time — especially worth reading (and sharing) articles: > In defense of hierarchy: nowadays society has forgotten the benefits of hierarchy, expertise and excellence — by Prof. Stephen C. Angle  > The very latest and striking findings from Piketty, Saez & … Continue reading

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