Category Archives: BITS & BRIEFS

B&B: Economics Nobel fools you // Moral limits, market, and science // Standardization of consumption // Capitalism cannot reform itself // Racial wealth gap // On the origin of cooperation

> Glorifying economists, Nobel Prize aims to create the impression that economics is about discovering timeless truths. Don’t let them fool you — urges Joris Luyendijk > Religious traditions toward capitalism impact scientists’ attitudes toward the commercialization of science — by Jared L. Peifer … Continue reading

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B&B: Geographies of tax evasion // Artifices of the Chicago School // Socialism in the US // Profit and Gift in the Digital Economy // German corporate entrepreneurs // Mortgage fraud

> What do we know about the geographies of tax evasion and tax havens? The essence and details – by Manuel B. Aalbers > The artifices of the Chicago School of economics, the limits of  neoliberalism,  and moving beyond the laws of the market … Continue reading

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B&B: RIP Lynn Stout // Inequality endures // Politics and consumer behavior // Skidelsky on Keynes // Women and Wall Street // Congratulations to Patrick Le Galès

> R.I.P Lynn Stout, an internationally recognized scholar, prolific writer, passionate speaker, devoted teacher. Her path-breaking and highly compelling book The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public (2012) became an influential intellectual alert. In … Continue reading

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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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B&B: Finance drains firms // The Adjunct Crisis // Sociology of cashless society // Risk officers increase risks // The myth of the empowered consumer // Credit, Neoliberalism, and post-Apartheid South Africa

This time, especially worth reading  and sharing articles: > “Finance is no longer a tool for getting money into productive businesses, but getting money out of them” — by J.W. Mason > Corporatization, marketization, and adjunctification of the university end up producing the … Continue reading

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BITS & BRIEFS: How multinationals avoid taxes // Finance needs households // Discourse on privilege benefits elites // Gender stereotypes in economics // Shell-based currency // Shopping and Enclave Urbanism

This time, especially worth reading  – and sharing – articles: > How Apple and other multinationals avoid taxes and accountability: A network study of offshore finance — by Jan Fichtner > Financial capitalism remains deeply dependent on households, even as it obscures … Continue reading

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BITS & BRIEFS: Fed boosted inequality // Fascism promised welfare // Super-citizens shape policy // Financial ‘self-help’ // Grade inflation in marketized university // India’s economic history

> Gerald Epstein on how the Federal Reserve’s quantitative easing helped the banks and increased inequality (video) > The appeal of Fascism lays in a promise to protect people in times of excessive and unrestrained Capitalism — by Sheri Berman > Super-citizens: how the … Continue reading

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BITS & BRIEFS: How the Great Regression began // Leisure for the sake of capitalism // Inequality Paradigm // Evictions never end // Precarity and fast food // State-regulated prostitution

> Wolfgang Streeck: “Neoliberalism arrived with globalization or else globalization arrived with neoliberalism; that is how the Great Regression began… Whoever puts a society under economic or moral pressure to the point of dissolution reaps resistance from its traditionalists.” > The rhetoric … Continue reading

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BITS & BRIEFS: Jens Beckert // Humanities and finance // Globalization as an idea // Black Neoliberalism // Bridging Comparative Political Economy and Economic Sociology

> Congratulations to Jens Beckert on being awarded Germany’s highest scientific award Gottfried Wilhelm Leibniz Prize (€2.5 million in research funds) for his work in reinvigorating the social sciences with an interdisciplinary perspective, especially in the intersection of sociology and economics. … Continue reading

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BITS & BRIEFS: Dynamic workplace suppresses // Economics is a religion // Conference as a neoliberal commodity // Networks conceal power // Business schools spur immorality

This time, especially worth reading  – and sharing – articles: > Life at the Nowhere Office: The “dynamic” workplace has arisen at a time when professional work has become increasingly insecure — by Miya Tokumitsu and Joeri Mol  > Economics is a religion: … 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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BITS & BRIEFS: Economics is the biggest problem // Gramsci’s hegemony and the Left // Neoliberalism and Higher Education // Incarceration and children’s achievement gap // Trading votes

> Reducing our relations to calculations of cost and benefit, disciplined by competition and mediated by the manifold devices of economics, we run the risk of losing our humanity — by Philip Roscoe > Stuart Hall on Gramsci’s ‘hegemony’ and ‘regressive modernisation’ of … Continue reading

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BITS & BRIEFS: Conspicuous consumption is over // Public Intellectuals vs. Thought Leaders // Killing neoliberalism // Frankfurt School // School vouchers’ effects

This time — especially worth reading (and sharing) articles: > Conspicuous Consumption is over; Cultural Capital replaced it as a signifier of socio-economic status — by Elizabeth Currid-Halkett > Public Intellectuals vs. “Thought Leaders”: the former challenge the oligarchy, the latter flatter … Continue reading

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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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