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BITS & BRIEFS: Mariana Mazzucato is the 2019 "Not The Nobel Prize" winner // Malls and escapism // Capital, law and corporation // #Keynesianism is not Keynes' economics // #Slavery and US universities were intertwined more than we thought // When #middleclass isn't shrinking // Sex, lies & financial crises https://economicsociology.org/2019/11/09/bb-not-the-nobel-prize-winner-malls-and-escapism-capital-and-corporation-keynesianism-slavery-and-us-universities-middle-class-sex-lies-and-financial-crises/ #economicsociology #politicaleconomyThe pursuit of #happiness has developed into an oppressive lifestyle that normalizes self-absorption, fosters #consumption, and shapes individuals in the image of the #neoliberalism. Edgar Cabanas discusses his new insightful and eye-opening book, co-authored with Eva Illouz. https://economicsociology.org/2019/10/29/manufacturing-personal-happiness/ #economicsociology #cultureTags
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- Manufacturing Personal Happiness
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ES/PE on Social Media
Tag Archives: politics
Arthur Miller: “An era can be said to end when its basic illusions are exhausted”
On the brink of 1975, New York Magazine devoted an issue to a look at the year 1949. A canonical playwright Arthur Miller contributed to this issue an essay on “the state of New York mind in that year” through his … Continue reading
Did Neoliberalism and Austerity Cause Brexit? Yes.
While the Brexit process is underway and UK politicians are tearing themselves apart over this overwhelmingly and multidimensionally complicated issue, an economics professor from Warwick University Thiemo Fetzer provides ample and comprehensive evidence that the austerity-induced withdrawal of the welfare state brought about by the Conservative-led … Continue reading
Posted in Papers
Tagged austerity, Economic Sociology, neoliberalism, policy, Political economy, politics, United Kingdom, welfare
1 Comment
Folk economics, economic sociology, and Trump’s campaign
“When did we beat Japan at anything? They send their cars over by the millions, and what do we do? When was the last time you saw a Chevrolet in Tokyo? It doesn’t exist, folks. They beat us all the … Continue reading
Posted in Papers
Tagged Economic Sociology, economics, knowledge, politics, sociology of knowledge
3 Comments
Income Inequality is Detrimental to Political and Civil Equality
“Money provides power and power provides freedom”, asserted C. Wright Mills in his masterpiece The Power Elite sixty years ago (1956: 162). In shadow of recent several decades of globalization and neoliberalism, University of Utah researcher Wade Cole took Mills’ argument a step further and … Continue reading
Posted in Papers
Tagged civil society, elites, inequality, neoliberalism, politics, rights
2 Comments
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
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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The Role of Money in Social Life: Morality and Power in the World of the Poor
by Ariel Wilkis* “Perhaps behind the coin is God.” — Jorge Luis Borges, The Zahir (1949) My book The Moral Power of Money: Morality and Economy in the Life of the Poor (Stanford University Press, 2017) offers a new focus for … Continue reading
Posted in Books, Community members posts
Tagged Argentina, community, ethnography, money, morality, politics, poverty, power, social networks, sociology of money, welfare
1 Comment
Giddens: We are suffering from ‘cosmopolitan overload’ and a huge task lies before us – to create responsible capitalism
by Labinot Kunushevci* From the editor: The following interview with a distinguished British sociologist and political thinker Lord Anthony Giddens is interesting from various perspectives. The interview is part of the forthcoming book by Labinot Kunushevci featuring his conversations with renowned social scientists. The emphases … Continue reading
Posted in Community members posts
Tagged economics, European Union, globalization, media, modernity, politics, risk society
2 Comments
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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What is’t to us if taxes rise or fall? Thanks to our fortune, we pay none at all
The 18th-century English poet and satirist Charles Churchill wrote the following witty and sharp words, jeering and criticizing the aristocracy and the establishment of his time. The cit, a common-councilman by place, Ten thousand mighty nothings in his face, By situation … Continue reading
Posted in Art, Oleg Komlik
Tagged elite, Political economy, politics, social movements
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Back to the Future: Authoritarian Neoliberal Regime versus Democratic Social State
The destiny of the 20th century, especially after the WWII, has been determined and shaped by the multifaceted confrontation between capitalism and ‘communism’, the ‘West’ vis-a-vis the ‘East’. But history did not end in 1991, as some have tried to convince … Continue reading
Posted in Books
Tagged capitalism, democracy, institutional change, Marxism, neoliberalism, politics, social movements, state
3 Comments
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
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
4 Comments
The middle class and the politics of the rearguard
White Collar: The American Middle Classes is a pioneering and major study of the American middle class by a prominent sociologist C. Wright Mills, first published in 1951. In this research Mills analyzes the forming of a new class of the white-collar workers … Continue reading
Posted in Books
Tagged bureaucracy, C. Wright Mills, capitalism, Middle class, politics, United States
2 Comments
