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Tag Archives: markets
Market Bubbles: Finance, Art, and the Golden Calf
Two overwhelming events occurred on September 15 and 16, 2008. The first is known to all, the second – to few — but a thread passes between them, showing the fabric of the current socio-economic and cultural system. On September 15 Lehman … Continue reading
Posted in Art, Books, Oleg Komlik
Tagged Art, conspicuous consumption, financial crisis, financialization, markets
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Market is deceitful, and beauty is vain
“The rise of consumerism led the body image industries to develop a sure-fire formula for success: promote a thin ideal of beauty that the majority of women can never attain and thereby create virtually infinite demand among consumers. The irony … Continue reading
Market vs. Civilization
True story (The photo taken in Gatineau, Quebec, Canada on the road to the Museum of Civilization) *** Join the Economic Sociology and Political Economy community through Facebook / Twitter / LinkedIn / Google+ / Instagram / Reddit / Tumblr
Markets, policy and sociology of economic immorality
In a highly influential book Situating the Self: Gender, Community and Postmodernism in Contemporary Ethics, a distinguished philosopher Seyla Benhabib (Yale University) argued that: “Moral judgment is what we ‘always already’ exercise in virtue of being immersed in a network of human relationships … Continue reading
Posted in Books, Papers
Tagged Economic Sociology, financial crisis, markets, morality, policy
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Baudrillard on money, speculation and the self-destabilization of markets
Jean Baudrillard: “There is something much more shattering than inflation, however, and that is the mass of floating money whirling about the Earth in an orbital rondo. Money is now the only genuine artificial satellite. A pure artifact, it enjoys … Continue reading
Believe it or not — the Nobel Prize in Economic Sciences committee’s reasoning for awarding Milton Friedman. You better believe it! He believed…
Apparently, it’s all about belief… “A large part of Friedman’s conclusions about the possibilities of economic policy is based on his liberal belief in the positive, built-in properties of a functioning market economy.” (“The Prize in Economics 1976 – Presentation … Continue reading
The political economy of pharmaceutical industries and healthcare in developing countries
Do economic development and growth more or less automatically bring with them better medical care and health to the population of a country? Well, it is generally presumed that they do. This assumption is also a core part of a … Continue reading
Posted in Books
Tagged corporations, development, developmental state, global governance, health, India, markets, Political economy, state
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How slavery shaped the market economy and abolitionism gave rise to ideals of human rights?
For over three centuries enslavement promoted the rise of capitalism in the Atlantic world, but study of slavery as a pivotal force in western ascendancy and dominance is still mostly neglected. In The American Crucible: Slavery, Emancipation and Human Rights, … Continue reading
Posted in Books
Tagged agriculture, capitalism, colonialism, economic history, human rights, Latin America, markets, race, slavery, United States
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