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Erik Olin Wright, an eminent #sociologist and one of the great public intellectuals of our time, has died at 72. Wright, a brilliant scholar and Marxist thinker, has not just taught us so much about #class, exploitation and power, he has also envisioned way to democratic and egalitarian alternatives to #capitalism. Erik Olin Wright was passionately and equally earnest about intellectual rigour and political relevance. Read his final words: https://economicsociology.org/2019/01/23/erik-olin-wright-has-contributed-to-making-utopias-real/ #sociology #marxism #politicaleconomyAs 2018 comes to an end, I rounded up the top 10 most-read posts of the year on the Economic Sociology and Political Economy community blog. You are welcome to (re)read and share them. I would like to use this opportunity and thank everyone for being here, liking and sharing - for making this community what it really is! Oleg Komlik https://economicsociology.org/2018/12/22/top-10-most-read-economic-sociology-and-political-economy-posts-of-2018/Tags
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Tag Archives: performativity
Economic Sociology, Homo Economicus, and Performativity of Economics
It is never too late, nor too early, to reread and contemplate a good theory. For example, to mull over Michel Callon’s programmatic statement about the performativity of economics, presented two decades ago in the introduction to The Laws of the Markets: … Continue reading
Posted in Books, Oleg Komlik
Tagged Economic Sociology, economics, markets, performativity
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Who is in Control of Markets: Humans or Financial Models?
by Ekaterina Svetlova* The recent stock market correction raised again the question of who is in control of markets: humans or technology. Nasdaq CEO Adena Friedman said on CNBC that „humans are definitely in charge of the decisions in the market” … Continue reading
‘Performativity thesis’: Accounting’s mediating role in bringing theoretical statements from economics into life
An interesting “The ‘performativity thesis’ and its critics: Towards a relational ontology of management accounting” by Ed Vosselman, explores accounting’s mediating role in bringing theoretical statements from economics into life. The paper addresses the so-called performativity thesis that claims that economic … Continue reading
Posted in Papers
Tagged accounting, economics, performativity, social studies of finance
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Why the Federal Reserve Failed to See the 2008 Financial Crisis: The Role of “Macroeconomics” as a Sensemaking and Cultural Frame
In this very interesting and enlightening paper by Neil Fligstein, Jonah Stuart Brundage & Michael Schultz (University of California, Berkeley), they tackle one of the puzzles about the crisis of 2008: why the regulators were so slow to recognize the … Continue reading