Tag Archives: globalization

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

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Neoliberalism in the Global South: the shift in development strategies

Despite the fact that the first substantially neoliberal regime was actually in the far South, the civil-military dictatorship in Chile, neoliberalism is generally attributed to western and developed countries. “Where in the world does Neoliberalism come from? The market agenda … Continue reading

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Why the East India Company became the most powerful business‬ in history? Because it granted its employees the right to pursue their own commercial interests

Exploring trade network dynamics, decision-making processes and organizational context, in an extraordinary Between Monopoly and Free Trade: The English East India Company, 1600–1757 Emily Erikson (Yale University) demonstrates why the English East India Company was a dominant force in the … Continue reading

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A documentary “Rise Like Lions- Occupy Wall Street and the Seeds of Revolution” tells the story of the movement in its own words

“Rise Like Lions- Occupy Wall Street and the Seeds of Revolution” is a documentary that tells the story & motivation behind the movement in its own words, pulling together a combination of internet and original footage. Created by Scott Noble, this … Continue reading

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Why after three decades of economic reforms in Latin America labor laws remained rigidly protective and remarkably diverse?

Continuity Despite Change: The Politics of Labor Regulation in Latin America shows that after three decades of economic reforms labor laws have changed far less than many expected and remained both rigidly protective and remarkably diverse. Why? In this very … Continue reading

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“The Supranational Corporation: Beyond the Multinationals” shows how corporations flaunt laws and act as controlling powers beyond the legal national constraints

This book by Laura Westra  lays bare corporate actions both domestic and international, under the guise of legal “personhood” that has granted corporations increasing power. As a result, corporate decisions undermine and even nullify legal decisions made by governments designed … Continue reading

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The Causes of Structural Unemployment: Socio-political and Economic perspectives on Changes in Labor Markets

The Causes of Structural Unemployment skillfully integrates socio-political and economic perspectives to highlight the major changes in the structure of labor markets in affluent industrialized nations. Recent years have seen growing concern over declining jobs, and though corporate profits have picked up … Continue reading

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“National Policy-Making: Domestication of Global Trends” shows how local policies appear to be synchronized globally yet are developed with distinct “national” flavors

Notions of social change are often divided into local versus international. But what actually happens at the national level—where policies are ultimately made and implemented—when policy-making is interdependent worldwide? How do policy-makers take into account the prior choices of other … Continue reading

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Minilateralism: How Trade Alliances, Soft Law and Financial Engineering are Redefining Economic Statecraft

This new book by Chris Brummer (Georgetown University) analizes the global political economy in the post-hegemonic era, while the Ukrainian crisis embodies such multifaceted and complex developments. The multilateral organizations that dominated the last half of the twentieth century no … Continue reading

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Constructing Markets for Credit Cards in Postcommunist Countries and demolishing myths about markets, money and globalization

In countries without a history of economic stability, how can banks decide who should be given a credit card? How do markets convince people to use cards, make their transactions visible to authorities, assume the potential risk of fraud, and … Continue reading

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“Governance across Borders: Transnational Fields and Transversal Themes”

What is global and what is local in contemporary capitalism? What makes markets tick? How can we regulate finance? Who owns knowledge? What makes expertise? How can we protect the environment and fight poverty? Governance across Borders: Transnational Fields and … Continue reading

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The Future of Good Jobs and 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

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John Urry on social and political dangers of offshoring

Updated: Very sad news from Lancaster– John Urry, a brilliant, groundbreaking & influential scholar died on March 18, 2016.  The concealment of ‪‎wealth‬ and ‪‎profits‬ in ‪‎Tax Havens‬ has brought the topic of ‪‎offshoring‬ into public debate, but as a distinguished sociologist John … Continue reading

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Art and Money. Artists no longer simply create art, they make markets

Conventional boundaries within the art world have collapsed, and artists now think  strategically about how to advance their careers. In Art of the Deal: Contemporary Art in a Global Financial Market Noah Horowitz thoroughly exposes the inner workings of the … Continue reading

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How does “naming and shaming” by Social Movements influence corporations? The effects of anti-sweatshop campaigns during the the 1990s on U.S. firms.

Recent work suggests that movements can inflict material damage on their targets and shape categories of evaluation in organizational fields. Extending these ideas,  in “Movements, Markets and Fields: The Effects of Anti-Sweatshop Campaigns on US Firms, 1993-2000” (free access) Tim … Continue reading

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