Category Archives: Oleg Komlik

Gramsci on the State, the Proprietorial Class, and the Sovereign Laws of Capitalism

“In the sphere of general capitalist activity, even the worker operates on the plane of free competition, is a citizen-individual. But the starting conditions of the struggle are not equal for all, at the same time: the existence of private … Continue reading

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Reading on Karl Marx’s 200th anniversary

There’s nothing like marking Karl Marx’s bicentenary reading these “Red” newspapers! 😉 And, read “Karl Marx@200: Debating Capitalism and Perspectives for the Future of Radical Theory“, an interesting Communication, Capitalism & Critique (open-access) special issue, featuring thought- and action-provoking articles by David … Continue reading

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Human Being in the ATM called New York

Newsstand, 7th Ave & 28th St intersection, Manhattan, New York City, USA (photo courtesy of Professor Darren Rosenblum)  *** Join Economic Sociology and Political Economy community via Facebook / Twitter / LinkedIn / Google+ / Instagram / Tumblr / Reddit / Telegram  

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What is Economics? Read Keynes’ definition

In July 1938, an English economist Roy Harrod sent John Maynard Keynes his lecture “Scope and Method of Economics” which he intended to deliver as a Presidential Address at one of the sections of the British Association. In his reply, after … Continue reading

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Thatcherism’s greatest achievement

In 2002, twelve years after Margaret Thatcher left office, she was asked at a dinner what was  her  greatest  achievement.  Thatcher  replied:  “Tony  Blair  and  New  Labour.  We forced our opponents to change their minds.”  (Conor Burns, April 11, 2008) These … Continue reading

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Stephen Hawking: Technology drives ever-increasing inequality

On 6 October 2015, a great theoretical physicist Stephen Hawking conducted a special Reddit “Ask Me Anything” session. Out of the thousands of submitted issues, Hawking selected those he wished to reply, mainly discussing aspects of artificial intelligence. In conclusion, Hawking … Continue reading

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On the wandering and exilic being of knowledge seeker

An eminent Saxon scholastic theologian Hugh of Saint-Victor (1096 – 1141) noted in his monumental encyclopedic treatise Didascalion: “All the world is a foreign soil to those who philosophize… It is, therefore, a great source of virtue for the practiced mind to learn, bit by bit, … Continue reading

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Joseph Schumpeter: Social structures are coins that do not readily melt

Economic sociologists an political economists will surely discern the grace and insight in the following Joseph Schumpeter’s quote (from his magnum opus Capitalism, Socialism and Democracy), which beautifully describes the essence of institutions, their socio-historical embeddedness, as well as their persistence in front of … Continue reading

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Top 10 Most-read Economic Sociology and Political Economy Posts of 2017

As 2017 (already) comes to an end, I rounded up the top 10 most-read posts of the year on Economic Sociology and Political Economy community blog. Besides being interesting, enlightening and thought-provoking, it turned out that these posts reflect to a large extent the complex realities … Continue reading

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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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Paul Samuelson: Chicago is not so much a place as a state of mind

In 1954, a future Nobel laureate in economic sciences Paul Samuelson published one of his seminal articles “The Pure Theory of Public Expenditure”, which formalized the concept of public goods (which he called “collective consumption goods”) — i.e. goods that … 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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Human Capital

“Our employees are our greatest asset. I say we sell them”, by William Haefeli *** Join Economic Sociology and Political Economy community via Facebook / Twitter / LinkedIn / Google+ / Instagram / Tumblr

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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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Zygmunt Bauman on Uncertainty

“I can’t think of any period in human history when people were really certain what to do, had no surprises and no unexpected developments. What is novel is not uncertainty; what is novel is a realization that uncertainty is here to … Continue reading

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