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“What do border guards and central bankers have in common? Both operate, on a day-to-day basis, in political spaces exempt from many of the norms of liberal democratic politics and yet have the power to define and constrain them." Jacqueline Best presents thought-provoking discussion and arguments on the #power of technocratic exceptionalism https://economicsociology.org/2018/09/12/central-banks-technocratic-power-and-the-fear-of-democracy/ #politicaleconomy #Foucault #centralbank #neoliberalism #economicsB&B: Herbert #Marcuse // The Adjunct Crisis // Against #Capitalist Orthodoxy // #Gender and #finance // History of #taxing the #rich // (Im)mobility in the rural America // Inventing #Thanksgiving This time, especially worth reading and sharing articles: https://economicsociology.org/2018/09/07/bb-herbert-marcuse-the-adjunct-crisis-against-capitalist-orthodoxy-gender-and-finance-history-of-taxing-the-rich-immobility-in-the-rural-america-inventing-thanksgiving/ #economicsociologyTags
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Tag Archives: class
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
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
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
Being the 1%, or What It Means to Be Entitled
by Rachel Sherman* Most contemporary research on economic inequality focuses on the causes, contours, and consequences of unequal distributions of resources. But how they do such distributions become legitimate? Why do people accept them, and even take them for granted? Why … Continue reading
Posted in Books, community members posts
Tagged class, consumption, elites, inequality, money, morality, privilege, wealth
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Cross-Class Encounters, Social Capital and Moral Judgments at an Elite College
“The sociology of education is a chapter, and not a minor one at that, in the sociology of knowledge and the sociology of power… [Given that] the structure of social space as observed in advanced societies is the product of … Continue reading
Posted in Books
Tagged class, ethnography, higher education, inequality, morality, social capital
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What is Money?
“Money is not a “mere voucher for unspecified utilities”, which could be altered at will without any fundamental effect on the character of the price system as a struggle of man against man. “Money” is, rather, primarily a weapon in … Continue reading
Posted in Oleg Komlik
Tagged class, Max Weber, money, power, price determination, sociology of money
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Why is there no labor party in the United States? Look at Canada to find out
In 1906, a German distinguished (somewhat neglected) economist and sociologist Werner Sombart published Why is there no Socialism in the United States? – a book which will become a famous work on American exceptionalism to this day (along with a pioneering and penetrative Democracy in America, by Alexis de … Continue reading
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
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Class struggle — Karl Marx would be proud of this guy
On a whiteboard at the college entrance “Tell us what class are you struggling with and why? The Bourgeoise b/c they control the modes of production” 😉 Although it should be “means of production”, I think this person has already … Continue reading
Capital as power and class struggle explained by… Adam Smith?!
In any given society, there is no freedom of contract between capitalist and worker, whose interests are essentially opposite. The power of a landlord, a manufacturer, a merchant resides in his wealth, explaining the inherent subjection of laborers, which lack almost any … Continue reading
