Category Archives: Books

World Inequality Report 2018: Great Data, Bright Analysis, Perturbing Reality

The World Inequality Lab led by Thomas Piketty, Emmanuel Saez, Gabriel Zucman, Facundo Alvaredo and Lucas Chancel released today the first of its kind World Inequality Report 2018. The Report aims to become the comprehensive reference report on income and wealth inequality around … Continue reading

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Is Homo Economicus Dead?

by Peter Fleming* In Martin Scorsese’s film The Wolf of Wall Street the narcissistic, egotistical and money hungry investment banker Jordan Belford memorably summed up his attitude to life: “Let me tell you something. There’s no nobility in poverty. I’ve been … Continue reading

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Nietzsche on Danger in Wealth and Pretense

Friedrich Nietzsche: “Danger in riches. — Only he who has spirit ought to have possessions: otherwise possessions are a public danger. For the possessor who does not know how to make use of the free time which his possessions could purchase him will … Continue reading

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The Pricing of Progress and the Origins of GDP

by Eli Cook* In the past few years, roughly half a dozen books have come out examining the meteoric rise and profound impact of Gross Domestic Product (GDP). An economic indicator that measures the money-making capacities of a nation by … Continue reading

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Beyond the Left Turn: The Second Wave of Incorporation of the Popular Sectors in Latin America

by Federico M. Rossi*  Neoliberalism has been defined as crucial to the reformulation of state-society relations in the postcorporatist period because it has undermined the national-populist or – as Cavarozzi and Garretón (1989) called it – “state-centered matrix”, through the weakening, … Continue reading

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China is getting on wheels: varieties of development, car market reform and globalization

by Qiushi Feng* China is getting on wheels. Over the past three decades, with unparalleled speed, China has emerged as the world’s largest producer and consumer of passenger cars. Such a rapid growth is accompanied by profound changes of the … Continue reading

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Neil Smelser: “Economic sociology, intellectually, is one of the strongest fields in sociology”

A brilliant and influential sociologist Neil Smelser passed away on Monday at the age of 87, leaving behind an extraordinary intellectual legacy. Among many contributions during his prolific academic career, unparalleled in its diversity and breadth (in social change, social movements, sociology … Continue reading

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The economy derives its meaning only from its uneconomic purpose

A German-Swiss philosopher Karl Jaspers: “We must realize that neither the economy nor any of its forms are absolutes. The economy is not the standard for all that we are and can be. It is indispensable – as water is to … Continue reading

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Political Economy of Labor Repression in the United States

by Andrew Kolin* The task at hand is to place the political economy of repression within the contours of U.S. history and sketch in broad terms how, over time, repression is the product of dynamic and fixed relations between capital and … 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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