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A fresh #NobelPrize winner Paul Romer: "For more than three decades, #macroeconomics has gone backwards", "Mathiness lets [economics’] academic politics masquerade as science". Read and share Romer's astute reflections on the state of #economics profession. https://economicsociology.org/2018/10/08/nobel-winner-paul-romer-economists-use-math-to-mislead/James March, a distinguished social scientist and great master of #management studies, organisational and institutional #theory, has passed away. But only a few know that beside his tremendous academic career, March was also an accomplished poet. Poetry, he wrote, "is an exploration of ambivalence and paradox, of the possibility of feeling simultaneous sentiments that seem contradictory, of living in multiple worlds and experiencing multiple feelings, and of recognizing the role of ugliness in the creation of beauty.” R.I.P. https://economicsociology.org/2018/09/28/r-i-p-james-march-success/ #sociology #socialscience #strategyTags
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Tag Archives: United Kingdom
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
Ten years after the 2007-2008 global financial crisis – the human toll in the financial services sector
by Gregor Gall* Ten years ago this summer, the first rumblings of the thunderclap of what would become the global storm of the great financial crisis of 2007-2008 were heard. The first rumble to be heard was of the panic … 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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Career opportunities: the ones that never knock
by André Vereta Nahoum A couple of weeks have passed since many countries celebrated on May 1st, Labour Day, alternatively named May Day, but the entire month is devoted to the celebration of the struggles and toils of … Continue reading
Posted in community members posts
Tagged inflation, neoliberalism, policy, unemployment, United Kingdom
1 Comment
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
2 Comments
When public good exchanged to private gain: neoliberalism, higher education and social inequality
Public higher education has a long history, and with its growth it is associated with the extension of a social right to education from secondary schooling to university studies. Following the rise in student numbers since the 1970s, the aspiration … Continue reading
Posted in Papers
Tagged education, higher education, inequality, knowledge, neoliberalism, policy, United Kingdom
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Money is a mode of governance in a material world of capitalism
Money travels the modern world in disguise. It looks like a convention of human exchange – a commodity like gold or a medium like language. But its history reveals that money is a very different matter. It is an institution … Continue reading
Posted in Books
Tagged capitalism, credit, debt, economic history, monetary system, money, state, United Kingdom
1 Comment
Rise like Lions after slumber in unvanquishable number, Shake your chains to earth like dew… Ye are many — they are few.
The political poem “Mask of Anarchy” was written by Percy Bysshe Shelley, following the Peterloo Massacre in 1819 when pro-democracy and anti-poverty protesters in Manchester were brutally dispersed by armed cavalry. This is a powerful call for freedom, political representation and … Continue reading
Posted in Oleg Komlik
Tagged democracy, policy, social movements, state, United Kingdom
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Name and shame: Warwick University to outsource academics to a subsidiary
While revolts against the neoliberalization and commercialization of higher education have been sweeping Dutch universities and London universities, the University of Warwick (whose motto is “Mind moves matter”) is giving in to the dangerous logic of “profit above all”. The university management will be changing the … Continue reading
Posted in Name and Shame, Oleg Komlik
Tagged academia, higher education, marketization, neoliberalism, United Kingdom
3 Comments
Gender Inequality in the Labour Market in the UK
While women’s engagement and outcomes in the labour market have progressed, the work they do and the remuneration they receive does not reflect personal qualifications relative to men. Why? Gender Inequality in the Labour Market in the UK provides an extensive … Continue reading
Posted in Books
Tagged education, gender, household, inequality, labor, United Kingdom
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