Category Archives: Books

The Return of the State

        “Stop! Wait! Government’s no longer the problem — it’s the solution.” For in-depth discussions on various angles of the ‘State (in the Economy)’ topic: — Bourdieu, Pierre. 2015. On the State: Lectures at the Collège de … Continue reading

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Democracy vs. Irony, Tragedy and Pathos

Disturbing events in several countries around the world during this turbulent time sprang to my mind a sharp observation by a prominent and influential American thinker and theologian Reinhold Niebuhr: “Man’s capacity for justice makes democracy possible; but man’s inclination … Continue reading

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B&B: Piketty – Covid-19 is an opportunity // Gendered lens on Covid-19 // Economic histories of pandemics // Pharma and the shareholder value // Network, not skills // Nature’s economics

> “Inequality is neither random nor unfortunate; it is structurally engineered, legally enforced, and politically and ideologically driven.” Gendered impacts of COVID-19 on work and workers — by Joanne Conaghan > What were pandemics’ effect on markets, prices and wages … Continue reading

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American Sociology’s Emergence and Separation from Political Economy

Rereading Philippe Steiner’s excellent, thorough and highly recommended Durkheim and the Birth of Economic Sociology (2011) — in which Steiner argues that there were two stages in Durkheim’s approach to the economy: a sociological critique of political economy and a sociology … Continue reading

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The Long Divorce Between the Economy and Financial Markets

by Ken-Hou Lin and Megan Tobias Neely* As the coronavirus spread around the world, the global economy entered a recession unprecedented in scale. The World Bank predicts a 5.2 percent economic contraction by the end of this year—the largest downturn … Continue reading

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What is Institutional Economics?

From William Dugger’s Underground Economics: A Decade of Institutionalist Dissent: “Institutionalism serves as the methodological conscience to the unrealistic neoclassicism that now dominates economics departments in U.S universities. Realism is the touchstone of institutionalism. Institutionalists may differ over many particulars, … Continue reading

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B&B: Economists’ blindness to racism // We are all fast-food workers // For abolition of work // Arms purchase // Tests for profit // The financialized imagination // Gendered economics

This time, especially worth reading and sharing pieces: > Racism is a system that manifests in norms, institutions, and policies. Economists who want to challenge it must abandon neoclassical assumptions and recognize the role of history, power, and institutions in … Continue reading

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Coronavirus and the Economy

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Bruno Latour on Uncertainty and Knowledge

“The world is not a solid continent of facts sprinkled by a few lakes of uncertainties, but a vast ocean of uncertainties speckled by a few islands of calibrated and stabilized forms. Do we really know that little? We know … Continue reading

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The Great Transformation — 75 Years Later

Karl Polanyi’s masterpiece The Great Transformation was written during the Second World War and published in 1944, but the relevance and importance of this preeminent book has continued to grow. 75 year later, The Great Transformation — an admirable treatise … Continue reading

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B&B: Hannah Arendt // Research for profit // Neoliberalism and family values // Lessons of 1968 // Sociology of consumption // Index funds and inequality // Alienation and work

This time, especially worth reading and sharing pieces: > Hannah Arendt: “Revolutions always appear to succeed with amazing ease in their initial stages, and the reason is that those who supposedly “make” revolutions do not “seize power” but rather pick … Continue reading

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The Social Structure of Prices

“It is not prices that determine everything, but everything that determines prices.” (Bourdieu 2005: 197) Bourdieu, Pierre. 2005. The Social Structures of the Economy. Polity Press *** Join Economic Sociology and Political Economy community via Facebook / Twitter / LinkedIn / Instagram / Tumblr / Reddit / Telegram

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B&B: Amartya Sen // Tulipmania // Sadie Alexander // Surveillance and Authoritarianism // The Mafia and weak state // New Working Class // ‘Smart’ city serves business

This time, especially worth reading and sharing articles: > There are two types of critiques of capitalism – moral and material. Amartya Sen combines the two effectively, demonstrating that the separation of our moral lives from our material concerns are … Continue reading

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Top 10 Most-read Economic Sociology and Political Economy Posts of 2019

As 2019 (already) comes to an end, I rounded up the top 10 most-read posts of the year on the Economic Sociology and Political Economy community blog. You are welcome to (re)read and share them. And, let’s try something new, … Continue reading

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The 2019 SASE’s Alice Amsden Book Award goes to ‘The Specter of Global China’ by Ching Kwan Lee

The winner of the inaugural Alice Amsden Book Award of the Society for the Advancement of Socio-Economics is The Specter of Global China: Politics, Labor, and Foreign Investment in Africa, by Ching Kwan Lee, Professor of Sociology at the University of California, Los … Continue reading

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