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Tag Archives: institutions
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 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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Law and labor in the American political economy
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 in this respect to this day. There are a number of … Continue reading
Posted in Papers
Tagged economic history, institutions, law, policy, Political economy, Unions, United States
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Economic Consequences of Neoliberalism: Coping with Financial Crises
John Maynard Keynes: “The power to become habituated to his surroundings is a marked characteristic of mankind. Very few of us realize with conviction the intensely unusual, unstable, complicated, unreliable, temporary nature of the economic organization by which Western Europe … Continue reading
Posted in Papers
Tagged crisis, Europe, ideas, institutions, neoliberalism, policy, Political economy
3 Comments
Economic culture in the public sphere: practice, knowledge and discourse
“Economic Culture in the Public Sphere” is the topic of the European Journal of Sociology special issue, edited by Nina Bandelj, Lyn Spillman & Frederick F. Wherry. This very interesting issue deals with the important question of how public understandings of … Continue reading
Posted in Papers
Tagged Culture, diffusion, Economic Sociology, economics, ideas, institutional change, institutions, knowledge, policy
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Emile Durkheim’s definition of Economic Sociology
Emil Durkheim’s precisely short and comprehensively rich definition of Economic Sociology: “There are the economic institutions: institutions relating to the production of wealth (serfdom, tenant farming, corporate organization, production in factories, in mills, at home, and so on), institutions relating … Continue reading
Democracy matters: the extension of the franchise and its impact on financial systems
For centuries, voting rights were limited to wealthy elites, aristocrats, and landlords. For instance, the electorate in England and Wales in 1780 consisted of less than 3% of the total population. Suffrage reforms, enacted during the late 19th and the 20th … Continue reading
Free trade politics, the power of ideas and political economy of European integration
“The bourgeoisie… has resolved personal worth into exchange value, and in place of the numberless indefeasible chartered freedoms, has set up that single, unconscionable freedom—Free Trade. In one word, for exploitation, veiled by religious and political illusions, it has substituted … Continue reading
Posted in Books
Tagged European Union, global political economy, globalization, ideas, institutions, neoliberalism, policy, politics, trade
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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
Posted in Books
Tagged class, credit, debt, Economic Sociology, financialization, governance, institutions, Mexico, neoliberalism, poverty, power, state, United States
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