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Tag Archives: Political economy
Theodor Adorno on the division between economics and sociology
In May-July 1968, Theodor W. Adorno, an eminent philosopher, sociologist and one of the founders of the Frankfurt School of Critical Theory, gave his last lecture series which were published in 2000 as Introduction to Sociology. In these accessible and lucid … Continue reading
Posted in Books, Oleg Komlik
Tagged academia, economics, Frankfurt school, Political economy, sociology
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David Ricardo: What is the Key Problem in Political Economy?
David Ricardo (1772 – 1823) was a prominent classical economist who gave systematized form to the rising discipline of economics, rightly termed then as political economy. The opening paragraph of his book On The Principles of Political Economy and Taxation (1817) contributes to this endeavour … Continue reading
Posted in Books, Oleg Komlik
Tagged economics, Political economy, varieties of capitalism
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The Political Economy and Economic Sociology of Brexit
In the beginning, it is said, was Brexit. “Brexit is a revolution”, it is said from the right and by the left. Revolution, though, is a Janus-faced concept that “evokes dialectically linked oppositions: light and darkness; rupture and continuity; liberation and oppression; … Continue reading
Posted in Books, Papers
Tagged Brexit, Economic Sociology, neoliberalism, Political economy
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Disentangling Neoliberalism: the key concepts
Neoliberalism has become an omnipresent term. Due its increasing pervasiveness into academic, political and media discourses, some perceive neoliberalism as an omnipotent phenomenon that explains everything, while others see it as a vague buzzword that hardly means something. Surveying this blog, for example, under the tag … Continue reading
Posted in Books
Tagged discourse, Economic Sociology, ideas, neoliberalism, Political economy
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Princes of the Yen and the Japanese Shock Doctrine
“It is better for the Bank of Japan not to attract attention and remain as quit as the forest in a rural shrine.” – Hisato Ichimada, the 18th Governor of the Bank of Japan, 1946-1954 (Werner 2003: 70) “Thanks to this … Continue reading
Genealogy of Capitalism and Sacred Economics in Victorian Britain
“Labour is Life: from the inmost heart of the Worker rises his god-given Force, the sacred celestial Life-essence breathed into him by Almighty God…” … Continue reading
Posted in Books
Tagged anthropology, culture, capitalism, economics, ethics, Political economy, religion, sociology of knowledge, United Kingdom
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Neoliberalism and the political economy of corporate governance
Major corporate frauds and scandals since the early 2000s (e.g. WorldcCom, Enron, Arthur Andersen, Bear Stearns, Lehman Brothers) and the 2008 financial crisis have not just exposed the inherent destructiveness of the neoliberal economy and economics, but also turned the crucially important spotlight towards … Continue reading
Posted in Papers
Tagged corporate governance, ideas, law, neoliberalism, Political economy, shareholder value, varieties of capitalism
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Alexis de Tocqueville on democracy, materialism and political economy
Alexis de Tocqueville (1805 – 1859) was a notable French political scientist and historian, best known for Democracy in America, a perceptive and groundbreaking analysis of the social, political and economic system of the United States. This four-volume book is brimming with … Continue reading
Posted in Books
Tagged Alexis de Tocqueville, democracy, economic history, Economic Sociology, Political economy, United States, wealth
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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
Posted in Books
Tagged austerity, banking system, debt, European Union, Eurozone crisis, financial crisis, Greece, monetary policy, policy, Political economy, politics, Spain, welfare
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