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A thoughtful and interesting overview of German New #EconomicSociology with a focus on the intellectual contribution of the Max Planck Institute for the Study of Societies in Cologne - by John Wilkinson https://economicsociology.org/2019/03/01/german-new-economic-sociology-and-the-max-planck-institute-for-the-study-of-societies #sociology #politicaleconomy #financializationErik Olin Wright, an eminent #sociologist and one of the great public intellectuals of our time, has died at 72. Wright, a brilliant scholar and Marxist thinker, has not just taught us so much about #class, exploitation and power, he has also envisioned way to democratic and egalitarian alternatives to #capitalism. Erik Olin Wright was passionately and equally earnest about intellectual rigour and political relevance. Read his final words: https://economicsociology.org/2019/01/23/erik-olin-wright-has-contributed-to-making-utopias-real/ #sociology #marxism #politicaleconomyTags
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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
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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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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