Tag Archives: capitalism

Thorstein Veblen on Business Interests in Education and Media

Posted on April 9, 2021 by Oleg Komlik

Thorstein Veblen’s The Theory of Business Enterprise (1904) is a superb political economy book in which this original economist, talented sociologist and influential intellectual analyzed the growing corporate domination of culture, society and the economy in the US at the dawn … Continue reading →

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How Capitalism Survives: Social Theory and Structural Change

Posted on February 26, 2021 by Oleg Komlik

by Francesco Boldizzoni* For as long as neoliberalism – the face that capitalism has assumed since the 1980s – has been showing signs of aging, there has been a tendency to view every crisis as a harbinger of impending epochal … Continue reading →

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Corporate Bodies Have No Soul

Posted on December 18, 2020 by Oleg Komlik

William Hazlitt (1778 – 1830) was an English essayist, writer, and social commentator. He is considered one of the greatest masters of the English language, but despite his very high standing among historians of literature and art, his work is … Continue reading →

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Human Need vs. Capitalist Greed: a Gastronomic Rebuttal of Mainstream Economics

Posted on November 10, 2020 by Oleg Komlik

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 →

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Forms of Capital and Moral Legitimation of Capitalism

Posted on September 27, 2020 by Oleg Komlik

by Ivan Light* The class system routinely provides people with resources they need to enact their inherited status. These resources are Pierre Bourdieu’s four forms of capital: financial, human, cultural, and social. A coal miner’s son will not need and … Continue reading →

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Capitalism: A Journal of History and Economics

Posted on January 3, 2020 by Oleg Komlik

As we are living in the present when tragedy and farce mix and make the past look oracular, a new history of Capitalism must be introduced for the sake of the future. The new year brought with it a much-needed … Continue reading →

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Neither Market Nor State?

Posted on July 19, 2019 by Oleg Komlik

“And what if the choice had never been between Market and State organizations, between liberals and socialists, but instead between those who believe in the miracles of a pre-established harmony and those who refuse to ‘believe in miracles’? Could we … Continue reading →

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

Posted on May 22, 2018 by Oleg Komlik

“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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Social Media, Authoritarian Capitalism, and Donald Trump

Posted on February 15, 2018 by Oleg Komlik

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 →

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The Pricing of Progress and the Origins of GDP

Posted on November 18, 2017 by Oleg Komlik

by Eli Cook* In the past few years, roughly half a dozen books have come out examining the meteoric rise and profound impact of Gross Domestic Product (GDP). An economic indicator that measures the money-making capacities of a nation by … Continue reading →

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Political Economy of Labor Repression in the United States

Posted on September 12, 2017 by Oleg Komlik

by Andrew Kolin* The task at hand is to place the political economy of repression within the contours of U.S. history and sketch in broad terms how, over time, repression is the product of dynamic and fixed relations between capital and … Continue reading →

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Pierre Bourdieu: Economism is a form of ethnocentrism

Posted on July 19, 2017 by Oleg Komlik

Economic Sociology of Pierre Bourdieu is very rich and brilliantly enlightening, as well as non-univocal, and theoretically and intellectually multifaceted. Reflecting on his great contribution to the field, which he preferred to call “Economic Anthropology”, his classic The Logic of Practice (1990; open … Continue reading →

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Fictionalizing the Economy and Reviewing Imagined Futures of Capitalism

Posted on February 24, 2017 by Oleg Komlik

by Lars Crusefalk* In the book Imagined Futures – Fictional Expectations and Capitalist Dynamics, a leading economic sociologist Jens Beckert argues that social scientists need to put more emphasis on how actors in modern capitalistic societies handle uncertainty in relation to … Continue reading →

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The Closing of the Mind

Posted on November 20, 2016 by Oleg Komlik

“What is advertised as a great opening is a great closing.” Allan Bloom, The Closing of the American Mind (1987), p. 34 “Landscape with Figures” by George Tooker (1992) *** Join the Economic Sociology and Political Economy community through Facebook / Twitter / LinkedIn / Google+ / Instagram / Reddit / Tumblr

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Growth Fetish

Posted on August 22, 2016 by Oleg Komlik

Then they said, “Come, let us build ourselves a city, and a tower whose top is in the heavens; let us make a name for ourselves, lest we be scattered over the face of the whole earth.”   (The Tower of Babel … Continue reading →

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