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B&B: Thomas #Piketty on Tony Atkinson // Cultural birth of Austrian #Economics // #Slavery made #capitalism // #ColdWar fueled #FreeMarket // Gendering of #money // Topology of #finance // Car drifting in Saudi Arabia and economic #inequality See these very interesting articles: https://economicsociology.org/2018/04/17/bb-thomas-piketty-on-tony-atkinson-cultural-birth-of-austrian-economics-slavery-made-capitalism-cold-war-fueled-free-market-gendering-of-money-topology-of-finance/"#Style and aesthetic representation serve as one gateway into extremist scenes and subcultures by helping to strengthen #racist and #nationalist identification and by acting as conduits of resistance to mainstream society" -- Cynthia Miller-Idriss discusses her new book on #FarRight #youth #culture and symbolically coded commodities conveying extremist ideology. https://economicsociology.org/2018/04/10/commercialization-and-the-far-right-consuming-and-constituting-extremism/ #CommercializationTags
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Tag Archives: state
A Critique of the Critique of Finance: Critics of neoliberal capitalism rarely recognize the productive power of speculation
by Martijn Konings* If there is one theme that unites the various critiques of contemporary finance, it is the emphasis on its speculative character. Financial growth is said to be driven not by the logic of efficient markets, but rather … Continue reading
Foucault: Neoliberalism is not laissez-faire, but permanent vigilance, activity, and intervention
The following Michel Foucault’s sharp insights on neoliberalism were presented during his lecture series “The Birth of Biopolitics” at the Collège de France in 1979 — a few months before Thatcher and Reagan took power, but several decades after Walter Lippmann, … Continue reading
Political Economy of Labor Repression in the United States
by Andrew Kolin* The task at hand is to place the political economy of repression within the contours of U.S. history and sketch in broad terms how, over time, repression is the product of dynamic and fixed relations between capital and … Continue reading
Posted in Books, community members posts
Tagged capitalism, economic history, labor, state, United States
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Zygmunt Bauman on Liberalism and Neoliberalism
Zygmunt Bauman, one of the greatest thinkers of the post-Second World War period, a distinguished sociologist and influential public intellectual, has passed away. He has departed to “liquid eternity”, his family told. This is a sad news and an enormous loss. During … Continue reading
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
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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
Posted in Books
Tagged austerity, culture, class, debt, ethnography, globalization, neoliberalism, policy, state
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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
Posted in Papers
Tagged finance, financialization, neoliberalism, policy, Political economy, state, United Kingdom
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Listen to the Athenian Solon: “Our virtue sticks with us and makes us strong, but money changes owners all day long”
Solon (c. 638 – c. 558 BC) was an Athenian statesman, lawmaker and poet, particularly known for ending exclusive aristocratic control of the government and his efforts to legislate against political, economic, and moral decline in archaic Athens, whose elite was obsessed with wealth, power, and prestige. His first … Continue reading
Posted in Oleg Komlik
Tagged credit, debt, Greece, oligarchy, slavery, state, wealth
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The political economy of pharmaceutical industries and healthcare in developing countries
Do economic development and growth more or less automatically bring with them better medical care to the population of a country? Well, it is generally presumed they do. This assumption is also a core part of a neoliberal globalism fairy … Continue reading
Posted in Books
Tagged corporations, development, developmental state, global governance, health, India, markets, Political economy, state
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