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Pierre #Bourdieu: "Economism is a form of ethnocentrism". #EconomicSociology of Bourdieu is very rich and brilliantly enlightening, as well as non-univocal, and theoretically and intellectually multifaceted. Read the following excerpt in which he insightfully elaborates on the concept of Economism and its meanings https://economicsociology.org/2017/07/19/pierre-bourdieu-economism-is-a-form-of-ethnocentrism/A thoughtful and interesting overview of German New #EconomicSociology with a focus on the intellectual contribution of the Max Planck Institute for the Study of Societies in Cologne - by John Wilkinson https://economicsociology.org/2019/03/01/german-new-economic-sociology-and-the-max-planck-institute-for-the-study-of-societies #sociology #politicaleconomy #financializationTags
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Category Archives: community members posts
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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