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BITS & BRIEFS: Mariana Mazzucato is the 2019 "Not The Nobel Prize" winner // Malls and escapism // Capital, law and corporation // #Keynesianism is not Keynes' economics // #Slavery and US universities were intertwined more than we thought // When #middleclass isn't shrinking // Sex, lies & financial crises https://economicsociology.org/2019/11/09/bb-not-the-nobel-prize-winner-malls-and-escapism-capital-and-corporation-keynesianism-slavery-and-us-universities-middle-class-sex-lies-and-financial-crises/ #economicsociology #politicaleconomyThe pursuit of #happiness has developed into an oppressive lifestyle that normalizes self-absorption, fosters #consumption, and shapes individuals in the image of the #neoliberalism. Edgar Cabanas discusses his new insightful and eye-opening book, co-authored with Eva Illouz. https://economicsociology.org/2019/10/29/manufacturing-personal-happiness/ #economicsociology #cultureTags
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ES/PE on Social Media
Tag Archives: Germany
The Growth of Shadow Banking and State-Finance Relations
by Matthias Thiemann* How can we understand the growth of a system of credit provisioning outside of the realm of bank regulation since the 1970s which linked non-banks and banks in a convoluted system of market-based banking, securitization and wholesale … Continue reading
Posted in Books
Tagged banking, finance, France, Germany, institutions, Netherlands, regulation, United States, varieties of capitalism
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Are Entrepreneurs Dangerous to the Market Economy more than Marxists?
Yes — asserts regarding the odd question in the title one of the founders of Ordoliberalism Professor Franz Böhm: “The entrepreneurs […] in contrast with their emphatic declarations in favour of the market economy, are more inclined, at least, to … Continue reading
Posted in Books, Oleg Komlik
Tagged entrepreneurship, Germany, law, markets, Marxism, neoliberalism, socialism, state
2 Comments
German New Economic Sociology and the Max Planck Institute for the Study of Societies
The new much-anticipated discussion paper by John Wilkinson (Federal Rural University of Rio de Janeiro) provides a thoughtful and comprehensive survey of German new economic sociology with a special focus on the contributions of the Max Planck Institute for the Study … Continue reading
Posted in Papers
Tagged Economic Sociology, financialization, Germany, neoliberalism, Political economy
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Commercialization and the Far Right: Consuming and Constituting Extremism
by Cynthia Miller-Idriss* Advertisers and marketers have long known that brands and commercial products are deeply intertwined with individuals’ identities. But with few exceptions, mainstream social scientists have been slow to acknowledge that economic objects can have constitutive power for … Continue reading
Posted in Books, Community members posts
Tagged commercialization, consumption, Culture, Far-right, Germany, ideology, marketing
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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
1 Comment
The “responsible”, the “irresponsible” and the Political Economy of the Sovereign Debt Crisis
There are “irresponsible” countries (Greece, Ireland, Italy, Portugal and Spain) which caused the current crisis; and there are “responsible” governments (Germany), which for some reason are asked to repay others’ debts and have the right to refuse to bail “irresponsibles” out and to insist the … Continue reading
Posted in Papers
Tagged austerity, debt, democracy, devaluation, European Union, Germany, Greece, policy, politics, state
2 Comments
In economic policymaking ideas matter. But how and whose? Campbell and Pedersen have insightful answers
John Maynard Keynes has famously said: “The ideas of economists and political philosophers, both when they are right and when they are wrong are more powerful than is commonly understood.” In politics, policymaking and in the economy, ideas matter indeed. … Continue reading
Futures and ethnographies of neoliberalism
The special issue of Cultural Anthropology “Futures of Neoliberalism” (open access) offers theoretically-astute and fine-grained ethnographic analyses of the effects of profound changes across the Globe in various fields: workers’ wageless and disrupted life in Brazil, governance of young right-extremists in … Continue reading
Posted in Papers
Tagged academia, anthropology, Argentina, Egypt, Brazil, class, debt, ethnography, Germany, homeownership, Israel, labor, neoliberalism, Nicaragua, poverty, precarity, Romania, South Africa
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Democratic pressure lead to abolition of university tuition fee in Germany. This neoliberal experiment contributed to increasing educational and income inequality
During the past eight years, university tuition fees were introduced into most German federal states as under Germany’s federal system, state governments run education policy. Yet during the last months, as a result of political processes and increasing public pressure … Continue reading
Posted in Papers
Tagged Germany, higher education, inequality, neoliberalism, policy, politics
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The Future of Good Jobs and the Labor Unions in the Service Economy
The shift to service-based economy has often been accompanied by the expansion of low wage and insecure employment. Many consider the effects of this shift inevitable. But is there another way? Virginia Doellgast (LSE) has conducted an impressive study of … Continue reading
Posted in Books
Tagged comparative political economy, Germany, globalization, labor, neoliberalism, Unions, United States
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Varieties of Liberalization: Politics of Social Solidarity and Institutional Changes in Labor Market
A leading political scientist and institutional scholar Kathleen Thelen (MIT) examines in her new excellent book Varieties of Liberalization and the New Politics of Social Solidarity contemporary changes in labor market institutions in the United States, Germany, Denmark, Sweden, and the Netherlands, focusing … Continue reading
Posted in Books
Tagged Denmark, Germany, institutions, labor, liberalization, Netherlands, solidarity, Sweden, United States, varieties of capitalism, vocational education
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Financialization, New Investment Funds, and Labour: An International Comparison
Financialization, New Investment Funds, and Labour: An International Comparison provides a comprehensive analysis of the development of New Investment Funds —private equity, hedge funds, and sovereign wealth funds—and their impact upon labour and employment. Several countries are selected for in-depth treatment: US, UK, … Continue reading
Posted in Books
Tagged Australia, comparative political economy, financialization, Germany, Investment Funds, Italy, Japan, labor, Netherlands, Poland, regulation, Sweden, United Kingdom, United States
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Varieties of Capitalism classification is not applicable to Asia
“Asian business systems: institutional comparison, clusters and implications for varieties of capitalism and business systems theory” (open access paper) presents an institutional comparison of 13 major Asian business systems—China, Hong Kong, India, Indonesia, Japan, Laos, Malaysia, the Philippines, Singapore, Korea, … Continue reading
Posted in Papers
Tagged asia, business group, capitalism, China, France, Germany, Hong Kong, India, Indonesia, institutions, Japan, Laos, Malaysia, Singapore, South Korea, Sweden, Taiwan, Thailand, the Philippines, United Kingdom, United States, varieties of capitalism, Vietnam
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Lords of Finance: The Bankers Who Broke the World
Today I recalled this fascinating book “Lords of Finance: The Bankers Who Broke the World” by Liaquat Ahamed. It’s commonly believed that the Great Depression that began in 1929 resulted from a confluence of events beyond any one person’s or … Continue reading
Posted in Books
Tagged banking, bureaucrats, central banking, economic history, France, Germany, great depression, United Kingdom, United States
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