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One of the founders of #ordoliberalism (that is perceived as a German version of #neoliberalism), Wilhelm Röpke sought to prevent socialism through the revision of the state's role in society; and what he liked most about the market economy was not its material effects but its #bourgeois ethics. Erwin Dekker interesting review of "Wilhelm Röpke: A Liberal Political Economist and Conservative Social Philosopher": https://economicsociology.org/2019/08/24/the-virtues-of-the-market-wilhelm-ropke-as-a-cultural-economist/The Economist presents: the dangers of free #hospital #parking. "“If a hospital in a crowded city stopped charging [for parking], it would mean more frail, elderly people staggering into the accident and emergency ward on their own as their sons and daughters search for a space, more parents panicking as a child who has hit her head lolls in the back seat, and more labouring women leaning against railings.” https://economicsociology.org/2019/08/20/the-economist-presents-the-dangers-of-free-hospital-parking/ #neoliberalismTags
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Recent Posts
- The Virtues of the Market: Wilhelm Röpke as a Cultural Economist
- The Economist presents: the dangers of free hospital parking. The Neoliberal absurdity at its ‘best’
- The Growth of Shadow Banking and State-Finance Relations
- B&B: Sins of economics // Appropriating the planet // Living in precarity // You are financier // Historians and economists // Labor and serendipity // Neoliberalism uses imperialism
- The Making of Homo Financius and Neoliberal Morality
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Tag Archives: trade
Free trade politics, the power of ideas and political economy of European integration
“The bourgeoisie… has resolved personal worth into exchange value, and in place of the numberless indefeasible chartered freedoms, has set up that single, unconscionable freedom—Free Trade. In one word, for exploitation, veiled by religious and political illusions, it has substituted … Continue reading
Posted in Books
Tagged European Union, global political economy, globalization, ideas, institutions, neoliberalism, policy, politics, trade
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Neoliberalism in the Global South: the shift in development strategies
Despite the fact that the first substantially neoliberal regime was actually in the far South, the civil-military dictatorship in Chile, neoliberalism is generally attributed to western and developed countries. “Where in the world does Neoliberalism come from? The market agenda … Continue reading
Posted in Books
Tagged development, diffusion, Global south, globalization, ideas, knowledge, land, military, neoliberalism, state, trade
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Why the East India Company became the most powerful business in history? Because it granted its employees the right to pursue their own commercial interests
Exploring trade network dynamics, decision-making processes and organizational context, in an extraordinary Between Monopoly and Free Trade: The English East India Company, 1600–1757 Emily Erikson (Yale University) demonstrates why the English East India Company was a dominant force in the … Continue reading
Posted in Books
Tagged capitalism, corporations, Culture, economic history, Economic Sociology, globalization, imperialism, markets, monopoly, networks, social networks, trade, United Kingdom
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Minilateralism: How Trade Alliances, Soft Law and Financial Engineering are Redefining Economic Statecraft
This new book by Chris Brummer (Georgetown University) analizes the global political economy in the post-hegemonic era, while the Ukrainian crisis embodies such multifaceted and complex developments. The multilateral organizations that dominated the last half of the twentieth century no … Continue reading
Posted in Books
Tagged global governance, global political economy, globalization, Post-Hegemonic Era, power, trade
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Continental Crucible: Big Business, Workers and Unions in the Transformation of North America
This revealing book by Edur Velasco Arregui and Richard Roman illustrates the ways in which the capitalist classes in Canada, Mexico and the United States used free trade agreements to consolidate their agendas and organize themselves continentally. This study has … Continue reading
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March 28, 2014
Tagged Canada, class, labor, Mexico, neoliberalism, policy, state, trade, Unions, United States
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Noam Chomsky on Adam Smith and “Invisible Hand”
An extra scene from an interesting documentary American Feud: A History of Conservatives and Liberals (2008/2017). Here, Chomsky explains that the conventional notion of “invisible hand” is mistaken and that though praised by conservatives and mainstream economics, it actually reflects Smith’s … Continue reading
The Social Construction of Free Trade: The European Union, NAFTA, and Mercosur
Francesco Duina’s The Social Construction of Free Trade: The European Union, NAFTA, and Mercosur offers a compelling new interpretation of the proliferation of regional trade agreements (RTAs) at the end of the twentieth century. Challenging the widespread assumption that RTAs … Continue reading
Posted in Books
Tagged Europe, globalization, interest groups, law, markets, neoliberalism, trade
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