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#Finance can be an enormously destructive force as well as a powerful instrument of #SocialChange. "Democratizing Finance: Reducing Inequalities of Income, #Wealth and #Power" -- a thought-provoking and interesting issue featuring Fred Block, Robert C. Hockett, William H. Simon, Lenore Palladino, Mary Mellor, David M. Woodruff and Michael A. McCarthy https://economicsociology.org/2019/11/13/democratizing-finance-reducing-inequalities-of-income-wealth-and-power/ #neoliberalism #inequality #economicsociology #politicaleconomy #sociologyBITS & 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 #politicaleconomyTags
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- Democratizing Finance: Reducing Inequalities of Income, Wealth and Power
- 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
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Category Archives: Papers
Democratizing Finance: Reducing Inequalities of Income, Wealth and Power
Politics & Society has just published a thought-provoking special issue titled “Democratizing Finance”. This interesting collection of papers resulted from a workshop organized in July 2018 by the late Erik Olin Wright as part of his inspiring Real Utopias Project. This … Continue reading
Posted in Papers
Tagged central banking, democracy, Erik Olin Wright, finance, inequality, money, power, wealth
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Political Economy: Origins, Meanings, Changes
“Political economy should be a human science.” … Continue reading
Posted in Papers
Tagged academia, economic history, Economic Sociology, economics, history of economic thought, Political economy
2 Comments
The Making of Homo Financius and Neoliberal Morality
“There is [a] set of qualities ascribed to the actions and conduct of mankind, distinct from their propriety or impropriety, their decency or ungracefulness, and which are the objects of a distinct species of approbation and disapprobation. These are Merit … Continue reading
Posted in Papers
Tagged discourse, financial literacy, financialization, marketization, morality, neoliberalism, 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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German New Economic Sociology and the Max Planck Institute for the Study of Societies
The new much-anticipated discussion paper by John Wilkinson (Federal Rural University of Rio de Janeiro) provides a thoughtful and comprehensive survey of German new economic sociology with a special focus on the contributions of the Max Planck Institute for the Study … Continue reading
Posted in Papers
Tagged Economic Sociology, financialization, Germany, neoliberalism, Political economy
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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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Central Banks, Technocratic Power, and the Fear of Democracy
Jacqueline Best has an interesting new article that starts with catchy and provocative analogy and then presents thought-provoking discussion and arguments: “What do border guards and central bankers have in common? Both operate, on a day-to-day basis, in political spaces exempt … Continue reading
Sociology Journals and Network Proprieties of the Matthew Effect
by Luca Carbone* Science is a political field. As Bourdieu peremptorily said “the scientific field is the locus of a competitive struggle, in which the specific issue at stake is the monopoly of scientific authority” (1975: 19). Shifting a little the … Continue reading
Did Neoliberalism and Austerity Cause Brexit? Yes.
While the Brexit process is underway and UK politicians are tearing themselves apart over this overwhelmingly and multidimensionally complicated issue, an economics professor from Warwick University Thiemo Fetzer provides ample and comprehensive evidence that the austerity-induced withdrawal of the welfare state brought about by the Conservative-led … Continue reading
Posted in Papers
Tagged austerity, Economic Sociology, neoliberalism, policy, Political economy, politics, United Kingdom, welfare
1 Comment
The Sociology of Quantification: Seeing like Numbers
Elizabeth Popp Berman and Dan Hirschman have recently published in Contemporary Sociology a worth reading review essay called “The Sociology of Quantification: Where Are We Now?” In this article, which is definitely more than a ‘regular’ review, they do not … Continue reading
Robert Solow’s sarcastic economics
Robert Solow, one of the most honored and influential economist of the second half of the 20th century, has been involved throughout his career in a series of polemics with several neoliberal (and other) economists in academia and government. Along with substantial assertions and explanations, … Continue reading
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
Folk economics, economic sociology, and Trump’s campaign
“When did we beat Japan at anything? They send their cars over by the millions, and what do we do? When was the last time you saw a Chevrolet in Tokyo? It doesn’t exist, folks. They beat us all the … Continue reading
Posted in Papers
Tagged Economic Sociology, economics, knowledge, politics, sociology of knowledge
3 Comments
Income Inequality is Detrimental to Political and Civil Equality
“Money provides power and power provides freedom”, asserted C. Wright Mills in his masterpiece The Power Elite sixty years ago (1956: 162). In shadow of recent several decades of globalization and neoliberalism, University of Utah researcher Wade Cole took Mills’ argument a step further and … Continue reading
Posted in Papers
Tagged civil society, elites, inequality, neoliberalism, politics, rights
2 Comments
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
