Tag Archives: class

Erik Olin Wright has contributed to making utopias real

“Gramsci once described the struggle for social justice as requiring ‘pessimism of the intellect, optimism of the will.’ I believe in the world today we need an optimism of the intellect as well: an optimism grounded in our understanding of … Continue reading

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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

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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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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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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

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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

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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

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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

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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

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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 learned … Continue reading

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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

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Credit makes you free! Neoliberalism, politics of debt and the subjugation of the working poor

Under the rubric of ‘financial inclusion’, lending to the poor – in both the global North and global South – has become a highly lucrative and rapidly expanding industry since the 1990s. A key inquiry of Susanne Soederberg’s penetrating and … Continue reading

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International Political Economy scholars miss THE question of the 21st century: the rise of a global labor class living in poverty

In the recent years, more and more International Political Economy (IPE) scholars are dissatisfied with the current state of this field of research and desire to identify the ‘Big Questions’ of the 21st century. In this (open access) article, Benjamin … Continue reading

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Ulrich Beck has died. His powerful concept of ‘Risk Society’ is relevant as never before

Renowned sociologist and social thinker Ulrich Beck has died. Ulrich Beck (Munich University and LSE) has become one of the world’s most famous intellectuals and most quoted social scientists in recent decades. Beck’s book Risk Society: Towards a New Modernity (1986/1992) is … Continue reading

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