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BITS & BRIEFS: Mariana Mazzucato is the 2019 "Not The Nobel Prize" winner // Malls and escapism // Capital, law and corporation // #Keynesianism is not Keynes' economics // #Slavery and US universities were intertwined more than we thought // When #middleclass isn't shrinking // Sex, lies & financial crises https://economicsociology.org/2019/11/09/bb-not-the-nobel-prize-winner-malls-and-escapism-capital-and-corporation-keynesianism-slavery-and-us-universities-middle-class-sex-lies-and-financial-crises/ #economicsociology #politicaleconomyThe pursuit of #happiness has developed into an oppressive lifestyle that normalizes self-absorption, fosters #consumption, and shapes individuals in the image of the #neoliberalism. Edgar Cabanas discusses his new insightful and eye-opening book, co-authored with Eva Illouz. https://economicsociology.org/2019/10/29/manufacturing-personal-happiness/ #economicsociology #cultureTags
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Recent Posts
- B&B: Not The Nobel Prize winner // Malls and escapism // Capital and corporation // Keynesianism // Slavery and US universities // Middle class // Sex, lies and financial crises
- Manufacturing Personal Happiness
- Great academic opportunities: 18 calls for papers, 7 postdocs, 4 jobs, 2 visiting positions, 2 PhD fellowships, 2 winter schools
- Neoliberalism. A critical reader.
- Political Economy: Origins, Meanings, Changes
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ES/PE on Social Media
Category Archives: Community members posts
Manufacturing Personal Happiness
by Edgar Cabanas* Happiness is one of the most pervasive, fast-spreading, and controvertible phenomena of the twentieth century. Grown into an obsessive pursuit, a lucrative industry, and a flawed albeit very popular science, the pursuit of happiness has woven itself … Continue reading
Posted in Books, Community members posts
Tagged academia, consumption, control, Culture, neoliberalism, personal well being, work
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The Virtues of the Market: Wilhelm Röpke as a Cultural Economist
by Erwin Dekker* Neoliberalism is often associated with an excessive focus on the market at the expense of both the state and society. A new book Wilhelm Röpke (1899–1966): A Liberal Political Economist and Conservative Social Philosopher, edited by Patricia Commun … Continue reading
Posted in Books, Community members posts
Tagged culture, economics, ethics, ordoliberalism, state
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Finance, Class, and the Birth of Neoclassical Economics: The Marginalist Revolution Revisited
by Yair Kaldor* In economic textbooks, the concept of “value” is regarded as nothing more than the prevailing market price. This definition might seem self-evident, but it stands in sharp contrast to the classical theories of Adam Smith and David … Continue reading
Posted in Community members posts, Papers
Tagged Culture, economics, history of economic thought, ideas, sociology of knowledge, valuation
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Elite Men and Inequality in the Hedge Fund Industry
by Megan Tobias Neely* “I’m sorry, but so and so’s brother needed to get hired. Shit happens,” Karen recounted, with resignation, a time her boss denied her a promotion. Karen is a white woman who works at a hedge fund, a … Continue reading
Posted in Community members posts, Papers
Tagged class, elite, finance, gender, inequality, race, social networks
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The IMF’s Reconstruction of Economic Orthodoxy since the Crash
by Ben Clift* Analysing how the International Monetary Fund (IMF) contributes to prevailing understandings of sound economic policy reveals how economic orthodoxy is historically contingent, and throws into relief the malleability of economic policy credibility. These indirect IMF attempts to … Continue reading
Posted in Books, Community members posts
Tagged economics, Eurozone crisis, financial crisis, fiscal policy, ideas, IMF, institutions, policy, Political economy
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Was Karl Polanyi wrong? Land, labor, and private authority in the global economy
by Tim Bartley* Karl Polanyi famously argued that land, labor, and money are “fictitious commodities.” They cannot be fully subjected to the dictates of the market without spurring backlashes that seek to re-embed them in society. It is easy to … Continue reading
Posted in Books, Community members posts
Tagged China, Economic Sociology, glocalization, Indonesia, institutions, Karl Polanyi, labor, land, norms, Political economy, regulation
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Who is in Control of Markets: Humans or Financial Models?
by Ekaterina Svetlova* The recent stock market correction raised again the question of who is in control of markets: humans or technology. Nasdaq CEO Adena Friedman said on CNBC that „humans are definitely in charge of the decisions in the market” … Continue reading
Commercialization and the Far Right: Consuming and Constituting Extremism
by Cynthia Miller-Idriss* Advertisers and marketers have long known that brands and commercial products are deeply intertwined with individuals’ identities. But with few exceptions, mainstream social scientists have been slow to acknowledge that economic objects can have constitutive power for … Continue reading
Posted in Books, Community members posts
Tagged commercialization, consumption, Culture, Far-right, Germany, ideology, marketing
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Market Forecasting: A Sensitive Practice at the Heart of Neoliberal Capitalism
by Stefan Leins* Since the emergence of modern financial markets, financial analysts have played a critical role in producing visions of “the economy” and its future development. As experts, they analyze market developments and predict future scenarios that enable other financial … Continue reading
Leonora Barry: a pioneer statistician of women’s labour
by Eli Cook* Unfortunately yet unsurprisingly, the world of economic quantification was dominated by men in the nineteenth century. In honor of International Women’s Day, here is a story, excerpted from my book The Pricing of Progress, on Leonora Barry, one of … Continue reading
Posted in Community members posts
Tagged economic history, labor, statistics, United States, women rights, work
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A Critique of the Critique of Finance: Critics of neoliberal capitalism rarely recognize the productive power of speculation
by Martijn Konings* If there is one theme that unites the various critiques of contemporary finance, it is the emphasis on its speculative character. Financial growth is said to be driven not by the logic of efficient markets, but rather … Continue reading
Social Media, Authoritarian Capitalism, and Donald Trump
by Christian Fuchs* In the years from 1986 until 1999, the leader of the Austrian Freedom Party Jörg Haider with the help of anti-immigration slogans, politics as entertainment, a juvenile and dynamic habitus, as well as ridicule of opponents led his … Continue reading
Posted in Books, Community members posts
Tagged capitalism, Frankfurt school, media, nationalism, neoliberalism, politics, populism, social media
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Being the 1%, or What It Means to Be Entitled
by Rachel Sherman* Most contemporary research on economic inequality focuses on the causes, contours, and consequences of unequal distributions of resources. But how they do such distributions become legitimate? Why do people accept them, and even take them for granted? Why … Continue reading
Posted in Books, Community members posts
Tagged class, consumption, elites, inequality, money, morality, privilege, wealth
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Calling for Resistance: the Electronic Panopticon of Call Centers and the Neoliberal Future of Work
by Jamie Woodcock* For Working the Phones: Control and Resistance in Call Centres, I spent six months working undercover in a call centre in the UK. Taking inspiration from workers’ inquiry – a Marxist method of co-research that combines knowledge production with organising … Continue reading
Posted in Books, Community members posts
Tagged control, ethnography, labor, managerialization, Marxism, neoliberalism, precarity, work
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