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B&B: Thomas #Piketty on Tony Atkinson // Cultural birth of Austrian #Economics // #Slavery made #capitalism // #ColdWar fueled #FreeMarket // Gendering of #money // Topology of #finance // Car drifting in Saudi Arabia and economic #inequality See these very interesting articles: https://economicsociology.org/2018/04/17/bb-thomas-piketty-on-tony-atkinson-cultural-birth-of-austrian-economics-slavery-made-capitalism-cold-war-fueled-free-market-gendering-of-money-topology-of-finance/"#Style and aesthetic representation serve as one gateway into extremist scenes and subcultures by helping to strengthen #racist and #nationalist identification and by acting as conduits of resistance to mainstream society" -- Cynthia Miller-Idriss discusses her new book on #FarRight #youth #culture and symbolically coded commodities conveying extremist ideology. https://economicsociology.org/2018/04/10/commercialization-and-the-far-right-consuming-and-constituting-extremism/ #CommercializationTags
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Tag Archives: neoliberalism
Market Forecasting: A Sensitive Practice at the Heart of Neoliberal Capitalism
by Stefan Leins* Since the emergence of modern financial markets, financial analysts have played a critical role in producing visions of “the economy” and its future development. As experts, they analyze market developments and predict future scenarios that enable other financial … Continue reading
Thatcherism’s greatest achievement
In 2002, twelve years after Margaret Thatcher left office, she was asked at a dinner what was her greatest achievement. Thatcher replied: “Tony Blair and New Labour. We forced our opponents to change their minds.” (Conor Burns, April 11, 2008) *** … Continue reading
A Critique of the Critique of Finance: Critics of neoliberal capitalism rarely recognize the productive power of speculation
by Martijn Konings* If there is one theme that unites the various critiques of contemporary finance, it is the emphasis on its speculative character. Financial growth is said to be driven not by the logic of efficient markets, but rather … Continue reading
Social Media, Authoritarian Capitalism, and Donald Trump
by Christian Fuchs* In the years from 1986 until 1999, the leader of the Austrian Freedom Party Jörg Haider with the help of anti-immigration slogans, politics as entertainment, a juvenile and dynamic habitus, as well as ridicule of opponents led his … Continue reading
Posted in Books, community members posts
Tagged capitalism, Frankfurt school, media, nationalism, neoliberalism, politics, populism, social media
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Calling for Resistance: the Electronic Panopticon of Call Centers and the Neoliberal Future of Work
by Jamie Woodcock* For Working the Phones: Control and Resistance in Call Centres, I spent six months working undercover in a call centre in the UK. Taking inspiration from workers’ inquiry – a Marxist method of co-research that combines knowledge production with organising … Continue reading
Posted in Books, community members posts
Tagged control, ethnography, labor, managerialization, Marxism, neoliberalism, precarity, work
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Foucault: Neoliberalism is not laissez-faire, but permanent vigilance, activity, and intervention
The following Michel Foucault’s sharp insights on neoliberalism were presented during his lecture series “The Birth of Biopolitics” at the Collège de France in 1979 — a few months before Thatcher and Reagan took power, but several decades after Walter Lippmann, … 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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Paul Samuelson: Chicago is not so much a place as a state of mind
In 1954 a future Nobel laureate in economic sciences Paul Samuelson published one of his seminal articles “The Pure Theory of Public Expenditure”, which formalized the concept of public goods (which he called “collective consumption goods”) — i.e. goods that … Continue reading
Is Homo Economicus Dead?
by Peter Fleming* In Martin Scorsese’s film The Wolf of Wall Street the narcissistic, egotistical and money hungry investment banker Jordan Belford memorably summed up his attitude to life: “Let me tell you something. There’s no nobility in poverty. I’ve been … Continue reading
Posted in Books, community members posts
Tagged Chicago school, debt, economics, neoliberalism, work
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Beyond the Left Turn: The Second Wave of Incorporation of the Popular Sectors in Latin America
by Federico M. Rossi* Neoliberalism has been defined as crucial to the reformulation of state-society relations in the postcorporatist period because it has undermined the national-populist or – as Cavarozzi and Garretón (1989) called it – “state-centered matrix”, through the weakening, … Continue reading
Posted in Books, community members posts
Tagged Latin America, neoliberalism, politics, social movements, Unions
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