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In 1951 John Kenneth Galbraith wrote Milton Friedman to thank him for giving a lecture at #Harvard #economics department. This very short letter is not only a typical example for #Galbraith’s eloquence and sardonic phrasing, but underlines his ability to combine conceptual open-mindedness with a sincere standpoint of his own. Read, and more: https://economicsociology.org/2018/11/23/galbraith-vs-friedman-the-emancipation-of-belief-is-the-most-formidable-of-the-tasks-of-reform-the-one-on-which-all-else-depends/B&B: Tech companies love #dogs not unions // How US #conservative #elite persists // Male-dominated central banks // #India’s #demonetisation // The making of Tourist #Capitalism See the articles: https://economicsociology.org/2018/11/15/bb-tech-companies-love-dogs-not-unions-how-us-conservative-elite-persists-male-dominated-central-banks-indias-demonetisation-the-making-of-tourist-capitalism/Tags
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Recent Posts
- Great academic opportunities: 11 calls for papers, 4 jobs, 2 postdocs, visiting grant, PhD stipend, summer school
- Galbraith vs. Friedman — “The emancipation of belief is the most formidable of the tasks of reform, the one on which all else depends”
- B&B: Tech companies love dogs not unions // How US conservative elite persists // Male-dominated central banks // India’s demonetisation // The making of Tourist Capitalism
- Elite Men and Inequality in the Hedge Fund Industry
- Great academic opportunities: 10 calls for papers, 4 jobs, 3 postdoc and visiting positions, 2 PhD stipends
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ES/PE on Social Media
Tag Archives: poverty
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
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Debt Matters: Inequality and Foregone Medical Care
“Of all the forms of inequality, injustice in health care is the most shocking and inhumane.”- Martin Luther King Jr. Scholars have long observed disparities in health, health behaviors and stress by socioeconomic position. But there is a limited understanding of … Continue reading
Causes of poverty: perceptions, ideas and policy making
The former chairman of the Federal Reserve Ben Bernanke recently said the “the greatest forces in Washington are ideas, and people prepared to act on those ideas.” (2013: 5). The following research demonstrates this power of ideas. Much of the research explaining … Continue reading
Posted in Papers
Tagged ideas, inequality, neoliberalism, policy, politics, poverty, United States
1 Comment
Credit makes you free! Neoliberalism, politics of debt and the subjugation of the working poor
Under the rubric of ‘financial inclusion’, lending to the poor – in both the global North and global South – has become a highly lucrative and rapidly expanding industry since the 1990s. A key inquiry of Susanne Soederberg’s penetrating and … Continue reading
Posted in Books
Tagged class, credit, debt, Economic Sociology, financialization, governance, institutions, Mexico, neoliberalism, poverty, power, state, United States
4 Comments
Putting a human face on statistics: unemployed women in the public workforce system
An ethnographic sociologist Mary Gatta (Rutgers University) went undercover, posing as a client in a New Jersey One-Stop Career Center which is supposed to be an unemployed worker’s go-to resource on the way to re-employment. Weaving together her own account … Continue reading
Posted in Books
Tagged gender, Great Recession, inequality, policy, poverty, unemployment, United States, welfare
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Removing social support is necessary to compel the poor to work — what’s the origin of this erroneous political idea?
According to many neoliberal politicians and economists, assistance to the unemployed and poor always creates more of the poverty it aims to alleviate; therefore removing welfare benefits and social support is necessary to compel the poor and unemployed to work. What is the origin … Continue reading
Posted in Books
Tagged class, economic history, ideas, inequality, Karl Polanyi, neoliberalism, Political economy, poverty, United Kingdom, welfare
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Futures and ethnographies of neoliberalism
The special issue of Cultural Anthropology “Futures of Neoliberalism” (open access) offers theoretically-astute and fine-grained ethnographic analyses of the effects of profound changes across the Globe in various fields: workers’ wageless and disrupted life in Brazil, governance of young right-extremists in … Continue reading
Posted in Papers
Tagged academia, anthropology, Argentina, Egypt, Brazil, class, debt, ethnography, Germany, homeownership, Israel, labor, neoliberalism, Nicaragua, poverty, precarity, Romania, South Africa
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Who Are the Foreclosed? A portrait of Americans displaced by the mortgage foreclosure crisis
Based on data from the National Suburban Survey from September 2010, Christopher Niedta & Isaac William Martin found that the person who has experienced home mortgage foreclosure since September 2007 resembles the average American but is somewhat likely to be … Continue reading
Posted in Papers
Tagged crisis, housing, inequality, poverty, subprime mortgage crisis, United States
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A documentary “The Price of the World Cup” shows Brazil you won’t see on your TV
The city of Fortaleza that will host six world cup games is the fifth most unequal city in the world. 3 million inhabitants live in Fortaleza, most of them on a bare minimum. 110 million euros were invested in the … Continue reading
Health and social problems are worse in more unequal societies, even among the better off– not just for the poor
Although the impact of inequality tends to be most severe lower down the social ladder, outcomes are worse even among the better off, because inequality damages the whole social fabric of a society – increasing social divisions, status insecurity and status competition. … Continue reading
Posted in Papers
Tagged gender inequality, health, inequality, policy, poverty, social capital, social cohesion
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