Blog Archives

Princes of the Yen and the Japanese Shock Doctrine

“It is better for the Bank of Japan not to attract attention and remain as quit as the forest in a rural shrine.” – Hisato Ichimada, the 18th Governor of the Bank of Japan, 1946-1954 (Werner 2003: 70) “Thanks to this … Continue reading

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What Class is all about? How do Neoliberalism and Finance Capitalism work?

In this concise and instructive animated presentation (12 min), an economist Richard D. Wolff (University of Massachusetts, Amherst) tackles these questions and applies them to the 2007-8 “subprime crisis”. *** Join Economic Sociology and Political Economy community via Facebook / Twitter / LinkedIn / Google+ / Instagram / Tumblr / Reddit / Telegram

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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

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“The Crises of Capitalism”, a animated clip narrated by Prof. David Harvey

Watch this an animated short (10 min) clip “The Crises of Capitalism”, narrated by David Harvey in which he engagingly and precisely explains the roots of the current crisis and the essence of neoliberal finance capitalism. It’s also good for … Continue reading

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Welcome to the Private Police Force :-)

The Privatization‬ of the ‪Police‬ force: A man returns from holiday to find his local police station has undergone some serious renovations! ”Are you a ‪shareholder‬?” “I’m a ‪citizen‬..” “You mean-‪client‬?” 🙂 A classic BBC sketch.

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Zygmunt Bauman on Facebook, and the difference between a network and a community

Bright, simple– and debatable. (3 min)

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Against Capitalism – Gerald Allan Cohen

In this short talk, a political philosopher Gerald “Jerry” Cohen offers a eloquent critique of capitalism. His critique revolves around common defenses. He suggests that even the existence of people who have earned their riches legitimately and through their own … Continue reading

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The Ascent of Money: A Financial History of The World

“The Ascent of Money: A Financial History of the World” is Harvard professor Niall Ferguson’s an (4 hours) television documentary, based on his famous book. Ferguson follows the money to tell the human story behind the evolution of finance, from … Continue reading

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