Category Archives: Books

David Ricardo: What is the Key Problem in Political Economy?

David Ricardo (1772 – 1823) was a prominent classical economist who gave systematized form to the rising discipline of economics, rightly termed then as political economy. The opening paragraph of his book On The Principles of Political Economy and Taxation (1817) contributes to this endeavour … Continue reading

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Framing Value of Things and Making Things Valuable

My experiences at Asian floating markets have included constant conversations between me and merchants, and thereafter between me and myself, such as: “How much is it?”  — “How much do you want to give me?”, he replies. “How much was … Continue reading

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Social Classes in Medieval Imperial China

Su Xun (1009-1066), a renowned writer of that period, presents a direct testimony on social classes and feudal system in Medieval Imperial China: “The fields are not the property of the men who till them, and those who own the fields do not … Continue reading

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Fictionalizing the Economy and Reviewing Imagined Futures of Capitalism

by Lars Crusefalk* In the book Imagined Futures – Fictional Expectations and Capitalist Dynamics, a leading economic sociologist Jens Beckert argues that social scientists need to put more emphasis on how actors in modern capitalistic societies handle uncertainty in relation to … Continue reading

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The Political Economy and Economic Sociology of Brexit

In the beginning, it is said, was Brexit. “Brexit is a revolution”, it is said from the right and by the left. Revolution, though, is a Janus-faced concept that “evokes dialectically linked oppositions: light and darkness; rupture and continuity; liberation and oppression; … Continue reading

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BITS & BRIEFS: Nancy Fraser on a crisis of care // Thomas Piketty on Anthony Atkinson // Politics of divination and neoliberalism // From Karl Marx to basic income

Nancy Fraser: “The financialized form of capitalism is systematically consuming our capacities to sustain social bonds… The result is a “crisis of care” Thomas Piketty on the passing of Anthony B. Atkinson: a great professional portray and a personal perspective  … Continue reading

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Great academic opportunities: SASE conference and 10 additional calls for papers

See below a list of great academic opportunities: 11 calls for papers for conferences and sessions on various topics in economic sociology and political economy, with January 31 – February 18 deadlines. Share this list with your colleagues and students. Good luck! CfP: “What’s Next? … Continue reading

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Karl Polanyi on the Rise of Fascism and Market Economy

A spectre is haunting Europe and the world — the spectre of Fascism (veiled as defensive democracy and common-sense patriotism) and authoritarian neoliberalism (disguised as social protectionism and perceived by laymen as decisive populism). The bothering question of our troubling present is not whether history repeats … Continue reading

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BREAKING NEWS from Davos: 2500 people controlling the world economy got out of their limos and recalled the “problem of inequality”

It would be funny if it wasn’t disgracefully true… See also: “I don’t see any income inequality!” “Me neither!” *** Join the Economic Sociology and Political Economy community via Facebook / Twitter / LinkedIn / Google+ / Instagram / Tumblr / Reddit

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Nietzsche: There is a type higher than the “productive” man

“Quiet fruitfulness. The born aristocrats of the spirit are not overeager; their creations blossom and fall from the trees on a quiet autumn evening, being neither rashly desired, not hastened on, nor supplanted by new things. The wish to create … Continue reading

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