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One of the founders of #ordoliberalism (that is perceived as a German version of #neoliberalism), Wilhelm Röpke sought to prevent socialism through the revision of the state's role in society; and what he liked most about the market economy was not its material effects but its #bourgeois ethics. Erwin Dekker interesting review of "Wilhelm Röpke: A Liberal Political Economist and Conservative Social Philosopher": https://economicsociology.org/2019/08/24/the-virtues-of-the-market-wilhelm-ropke-as-a-cultural-economist/The Economist presents: the dangers of free #hospital #parking. "“If a hospital in a crowded city stopped charging [for parking], it would mean more frail, elderly people staggering into the accident and emergency ward on their own as their sons and daughters search for a space, more parents panicking as a child who has hit her head lolls in the back seat, and more labouring women leaning against railings.” https://economicsociology.org/2019/08/20/the-economist-presents-the-dangers-of-free-hospital-parking/ #neoliberalismTags
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Recent Posts
- The Virtues of the Market: Wilhelm Röpke as a Cultural Economist
- The Economist presents: the dangers of free hospital parking. The Neoliberal absurdity at its ‘best’
- The Growth of Shadow Banking and State-Finance Relations
- B&B: Sins of economics // Appropriating the planet // Living in precarity // You are financier // Historians and economists // Labor and serendipity // Neoliberalism uses imperialism
- The Making of Homo Financius and Neoliberal Morality
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Tag Archives: economic history
Probably the best “Acknowledgments” ever (5)
“Contrary to the fashion in most prefaces, I will not add that “all mistakes and shortcomings are entirely my responsibility.” That is sheer bourgeois subjectivism. Responsibility in matters of these sorts is always collective, especially with regard to the remedying … Continue reading
The 2019 Zelizer Award for Best Book in Economic Sociology goes to ‘Starving the Beast’ by Monica Prasad
Northwestern University scholar Monica Prasad is the winner of the 2019 Zelizer Book Award given by the American Sociological Association’s Economic Sociology section for an outstanding book in the field. Prasad will receive the Award for her superb book Starving … Continue reading
Posted in Book Awards, Books
Tagged economic history, fiscal sociology, institutions, neoliberalism, policy, Political economy, state, taxation, varieties of capitalism
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Leonora Barry: a pioneer statistician of women’s labour
by Eli Cook* Unfortunately yet unsurprisingly, the world of economic quantification was dominated by men in the nineteenth century. In honor of International Women’s Day, here is a story, excerpted from my book The Pricing of Progress, on Leonora Barry, one of … Continue reading
Posted in Community members posts
Tagged economic history, labor, statistics, United States, women rights, work
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The Goose and the Common — The Privatization of Public Space
“The [following 18th century folk] poem is one of the pithiest condemnations of the English enclosure movement, the process of fencing off common land and turning it into private property. In a few lines, the poem manages to criticize double standards, … Continue reading
World Inequality Report 2018: Great Data, Bright Analysis, Perturbing Reality
The World Inequality Lab led by Thomas Piketty, Emmanuel Saez, Gabriel Zucman, Facundo Alvaredo and Lucas Chancel released today the first of its kind World Inequality Report 2018. The Report aims to become the comprehensive reference report on income and wealth inequality around … Continue reading
Posted in Books, Oleg Komlik
Tagged economic history, inequality, neoliberalism, policy, Political economy, wealth
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The Pricing of Progress and the Origins of GDP
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
Posted in Books, Community members posts
Tagged capitalism, economic history, economics, GDP, valuation
1 Comment
Political Economy of Labor Repression in the United States
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
Posted in Books, Community members posts
Tagged capitalism, economic history, labor, state, United States
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Leveling mountains to define Corporate Liability
In the seminal 1909 case, New York Central R. Co. v. United States, 212 U.S. 481-499, the railroad argued that as a corporation it could not be held criminally liable for the unlawful acts (such as paying prohibited rebates to another company) … Continue reading
India, Modernity and the Great Divergence – Why the Industrial Revolution and Modern Economic Growth first occurred in England
by Kaveh Yazdani* How come the world’s eight wealthiest men are as rich as half the planet’s population? Why do the vast bulk of the super-rich come from the West despite the rise of Chinese and Indian capital? And why are … Continue reading
Posted in Books, Community members posts
Tagged development, economic history, India, Industrialization, modernity
1 Comment
How 19th century finance and housing associations shaped 20th century housing regimes in Germany and the United States
Why has Germany become a country of tenants with a housing policy directed at private and public rental construction? On the other hand, why has the United States turned into a homeownership country? In an interesting article, Sebastian Kohl (University … Continue reading
Posted in Papers
Tagged comparative political economy, economic history, finance, Germany, housing, institutions, policy, United States, urban policy
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Social Classes in Medieval Imperial China
Su Xun (1009-1066), a renowned writer of that period, presents a direct testimony on social classes and feudal system in Medieval Imperial China: “The fields are not the property of the men who till them, and those who own the fields do not … Continue reading
Karl Polanyi on the Rise of Fascism and Market Economy
A spectre is haunting Europe and the world — the spectre of Fascism (veiled as defensive democracy and common-sense patriotism) and authoritarian neoliberalism (disguised as social protectionism and perceived by laymen as decisive populism). The bothering question of our troubling present is not whether history repeats … Continue reading
Economic fortune telling: forecasting to profit
“The only function of economic forecasting is to make astrology look respectable”, famously remarked John Kenneth Galbraith. “Professional” fortune tellers and clairvoyant have accompanied mankind, receiving great respect, throughout the ages. Therefore, one can say, it was only a matter … Continue reading
Alexis de Tocqueville on democracy, materialism and political economy
Alexis de Tocqueville (1805 – 1859) was a notable French political scientist and historian, best known for Democracy in America — a perceptive and groundbreaking analysis of the social, political and economic system of the United States. This four-volume book is brimming with … Continue reading
Posted in Books
Tagged Alexis de Tocqueville, democracy, economic history, Economic Sociology, Political economy, United States, wealth
3 Comments
The politics of fiscal policies: the lessons of history
Throughout the recent years of the crisis, the EU bodies and the German leaders have constantly oppressed Greece. They have pushed Greek people towards the abyss of austerity in the name of “fiscal responsibility” and “self-evident economic truths”. But essentially, it is … Continue reading
Posted in Books
Tagged economic history, fiscal sociology, institutional change, institutions, policy, politics, taxation, varieties of capitalism
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