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Top Posts & Pages
- The Paradigm Shift in Political Economy and the Failure of the Mont Pelerin ideas
- Remember the Golden Rule! Whoever has the gold, makes the rules!
- "... Until Debt Tear us Apart": Debt is a Product of Power Relations
- Albert Einstein on the power of ideas and imagination in science
- What is Historical Sociology? Understanding the origins of the current social world and the consequences of its transformations
- Adam Smith: "Consumption is the sole end and purpose of all production."
- Neoliberalism, Varieties of Capitalism, and Coronavirus
- The joke goes like this: A physicist, an engineer and an economist are stranded in the desert...
- Condemning the University of Leicester -- Standing for Political Economy and Critical Management Studies
- Rise like Lions after slumber in unvanquishable number, Shake your chains to earth like dew... Ye are many — they are few
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ES/PE on Social Media
Tag Archives: culture
Trump as Messiah
by Ivan Light* How can they still back him? During the Trump presidency, this question arose again and again when, despite a relentless succession of failures, lies, outrages, and scandals, his voters loyally backed Trump. The question remains unanswered because, … Continue reading
Posted in Community members posts
Tagged culture, Donald Trump, entrepreneurship, politics, religion, United States
1 Comment
Human Need vs. Capitalist Greed: a Gastronomic Rebuttal of Mainstream Economics
by Michael Symons* “A tap of my magic wand… and all you see is money!” With this, the conjurer distracts attention from healthy bodies, happy households, wise governments, and nature. Even the actual market of bread, apples and beer disappears … Continue reading
Posted in Books, Community members posts
Tagged culture, capitalism, economics, food, history of economic thought, money, philosophy
3 Comments
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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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
Christmas and conspicuous consumption: “People want something that shows money”
The commercialization of Christmas in the light of — and in the wake of — industrial capitalism in the UK and US during the 19th century is a very interesting subject matter. (At the end of this post there four … Continue reading
Posted in Books, Oleg Komlik, Papers
Tagged culture, commercialization, consumerism, feminism
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Market is deceitful, and beauty is vain
“The rise of consumerism led the body image industries to develop a sure-fire formula for success: promote a thin ideal of beauty that the majority of women can never attain and thereby create virtually infinite demand among consumers. The irony … Continue reading
Genealogy of Capitalism and Sacred Economics in Victorian Britain
“Labour is Life: from the inmost heart of the Worker rises his god-given Force, the sacred celestial Life-essence breathed into him by Almighty God…” … Continue reading
Posted in Books
Tagged anthropology, culture, capitalism, economics, ethics, Political economy, religion, sociology of knowledge, United Kingdom
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Ethnographies of austerity
Austerity is not about numbers, economic data or amorphous macro-scale policies; Austerity is about people. Middle and working-class people, they are the ones who bear the brunt of oppressive neoliberalism and carry the depressing burdens of austerity in their everyday life: increasing unemployment, … Continue reading
Posted in Books
Tagged austerity, culture, class, debt, ethnography, globalization, neoliberalism, policy, state
2 Comments
Jerry Seinfeld on consumerism, advertising and culture of consumption :-)
Jerry Seinfeld: “I love advertising because I love lying… I think spending your life trying to dupe innocent people out of hard-won earnings to buy useless, low-quality, misrepresented items and services is an excellent use of your energy.” (4 min … Continue reading
