Tag Archives: policy

The Washington Consensus: Sociology of Economics and History of Ideas

In 1989, John Williamson, a fellow at the Institute for International Economics in Washington, DC which previously advised the World Bank and the International Monetary Fund, presented a background paper to a conference aimed to explore how extensive were the policy reforms that were then … Continue reading

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Joan Robinson: Solutions offered by economists are no less delusory than those of the theologians

The brilliant Joan Robinson concludes her insightful book Economic Philosophy: “The neo-classical heritage still has a great influence, not only on the teaching of economics but in forming public opinion generally, or at least in providing public opinion with its … Continue reading

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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

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Why is there no labor party in the United States? Look at Canada to find out

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 to this day (along with a pioneering and penetrative  Democracy in America, by Alexis de … Continue reading

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Career opportunities: the ones that never knock

      by André Vereta Nahoum A couple of weeks have passed since many countries celebrated on May 1st, Labour Day, alternatively named May Day, but the entire month is devoted to the celebration of the struggles and toils of … Continue reading

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The debt crisis and austerity in the Eurozone: social and political impacts

During the past six years, the countries of the European periphery – Portugal, Ireland, Italy, Greece and Spain – have been experiencing severe economic-financial crises. In the shadow of these drastic events, the EU institutions and the IMF initiated “bailout programs” for … Continue reading

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Ethnographies of austerity

Austerity is not about numbers, economic data or amorphous macro-scale policies; Austerity is about people. Middle and working-class people, they are the ones who bear the brunt of oppressive neoliberalism and carry the depressing burdens of austerity in their everyday life: increasing unemployment, … Continue reading

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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

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Financialization as a state project

Financialization is a key feature of neoliberalism. It refers to the capturing impact of financial markets, institutions, actors, instruments and logics on the real economy, labor, households and daily life. Essentially it has significant implications for the broader patterns and functioning of an … Continue reading

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Remember the Golden Rule! Whoever has the gold, makes the rules!

Remember the Golden Rule! Whoever has the gold, makes the rules!! *** This sharp cartoon is from The Wizard of Id – a classic daily newspaper comic strip created by Brant Parker and Johnny Hart in 1964 to satirize modern American culture … Continue reading

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