Issue 75: January 15, 2009

In this issue:

Call for Papers

Association for Social Economics

Call for papers for the 2010 Annual Meeting at the ASSA
Atlanta, Georgia, January 3-5, 2010

Union for Radical Political Economics

ASSA 2010,Jan 3-5 Atlanta

Call for Papers - Annual Meeting
Atlanta, Georgia January 3-5, 2010
Joint URPE/IAFFE sessions using feminist and radical political economy approaches

Once again, URPE (Union of Radical Political Economics) and IAFFE (International Association for Feminist Economics) plan to co-sponsor up to three sessions at the ASSA annual meeting in 2010. I will be coordinating these for IAFFE and working closely with URPE panel coordinators for the ASSAs (Fred Moseley and Laurie Nisonoff) and IAFFE
panel coordinator (and president-elect) Eudine Barriteau.
Click here for detailed information.

Association for Heterodox Economics (AHE)

Association for Heterodox Economics (AHE) 2009 annual conference will be held from 9th - 12th July at Kingston University, London, England. Click here for detailed information.

This year the AHE is pleased to host a set of special sessions organised by the Post-Keynesian Study Group. Click here to download The PKSG's call.

The deadline for the submission of abstracts is 8th February 2009. Please consult the calls for papers for full details on how to submit.

13th Annual International Conference on Economics

You are invited to submit a paper for presentation at the 13th Annual International Conference on Economics and Security that will take place on the 24th-26th of June 2009 in Thessaloniki, Greece. The Conference is organised by the Business Administration and Economics Department of CITY College (Affiliated Institution of the University of Sheffield) and has the support of the University of the West of England, Economists for Peace and Security-US, Economists for Peace and Security-UK, Economists for Peace and Security-Greece, the British University in Egypt and SEERC (South East European Research Centre), Thessaloniki, Greece.

On the Conference website ( http://www.city.academic.gr/special/events/economics_and_security09/index.html ) you can find all the relevant information about the conference as well as the papers and photos from the 2006 Conference also held in Thessaloniki.

Feel free to contact us on reginfo@city.academic.gr  in case you have any questions.

Associação Keynesiana Brasileira

II Encontro Internacional
Chamada de Trabalhos
http://www.ppge.ufrgs.br/akb/ 
A Associação Keynesiana Brasileira (AKB) está organizando seu II Encontro Internacional a ser realizado em Porto Alegre, nos dias 9, 10 e 11 de setembro de 2009. O tema do Encontro é "Instabilidade Financeira e Capitalismo Contemporâneo". Com o referido tema, o objetivo do Encontro é analisar, a partir de uma ótica keynesiana e heterodoxa, a crise financeira mundial e suas repercussões sobre a economia mundial, em especial as economias latino-americanas e a brasileira. Assim sendo, gostaríamos de convidá-los a submeter trabalhos para umas das seguintes áreas:
- Instabilidade financeira e recessão;
- Crises cambiais e financeiras;
- Políticas fiscal e monetária em uma perspectiva heterodoxa;
- Sistema financeiro e financiamento da economia;
- Regime cambial e controle de capitais;
- Crise do subprime e seus desdobramentos;
- Crescimento econômico e ciclos;
- Reestruturação do sistema monetário internacional.
Detalhes para submissão:
i. Prazo de submissão dos artigos: 2 de março a 30 de abril de 2009, conforme data de postagem;
ii. Os artigos poderão ser escritos em português, espanhol e inglês;
iii. Deverão ser enviadas 3 (três) cópias impressas dos artigos para o seguinte endereço: Programa de Pós-Graduação em Economia/UFRGS, Av.João Pessoa 52/sala 33b, Centro, Porto Alegre/RS, 90040-000, a/c Fernando Ferrari Filho, Presidente da AKB;
iv. Cada autor poderá submeter no máximo 2 (dois) artigos (seja como autor, seja como co-autor);
v. A taxa de submissão por artigo é de R$ 40,00 (sócios da AKB) e R$ 80,00 (não associados da AKB). Os referidos valores devem ser depositados na conta corrente da AKB: Banco do Brasil, Ag.1899-6 e c/corrente 36784-2;
vi. Os artigos devem ser escritos em formato Microsoft Office Word 97 (ou compatível) ou PDF, devem ter um máximo de 25 páginas, devem ter espaçamento simples entre as linhas e a fonte e o tamanho das letras devem ser, respectivamente, Times New Roman e 12pt;
vii. Conjuntamente com as 3 (três) cópias do artigo, o autor deverá enviar a cópia do comprovante de depósito da taxa de submissão para o endereço que consta no item (iii);
viii.Os custos de transporte, de acomodações e demais despesas devem ser cobertas pelos participantes.
Comissão Científica e Maiores Informações
A Comissão Científica é composta por 5 membros: Marco Flávio da Cunha Resende (UFMG), Simone Deos (UNICAMP), Ricardo Dathein (UFRGS), José Oreiro (UnB) e José Rubens Garlipp (UFU). Detalhes adicionais sobre a estrutura do Congresso serão divulgados, em um futuro próximo, no site da AKB, pela Comissão Organizadora, Fernando Ferrari (UFRGS), Luiz Fernando de Paula (UERJ), Ana Rosa Mendonça (Unicamp) e Vanessa Petrelli (UFU).

Brazilian Keynesian Association

II International Congress

Call For Papers
http://www.ppge.ufrgs.br/akb/ 
The Brazilian Keynesian Association (AKB) is organizing his 2nd International Congress which will be held in Porto Alegre (Brazil), from 9 to 11 September, 2009. The Congress theme is "Financial instability and Contemporaneous Capitalism". With this theme, the AKB aims at analyzing, in a Keynesian perspective and other heterodox approaches, the international financial crisis and its impacts on world economy, more specifically on Latin-American and Brazilian economies. We would like to invite you to submit papers to our Congress. The submissions shall relate to the following topics:
- Financial instability and recession;
- Financial and exchange rate crises;
- Fiscal and monetary policies in a heterodox perspective;
- Financial system and investment;
- Exchange rate regime and capital controls;
- Subprime crisis and its impacts on world economy;
- Economic growth and cycles;
- Reforming the international monetary system.
Submission details:
i. Submission dates: from March 2 to April 30, 2009 (deadline);
ii. The articles can be written in Portuguese, Spanish and English;
iii. The article's copies (3) must be sent to the following address: Programa de Pós-Graduação em Economia/UFRGS, Av. João Pessoa 52/sala 33b, Centro, Porto Alegre/RS, 90040-000, a/c Fernando Ferrari Filho, Presidente da Associação Keynesiana Brasileira;
iv. Each author can not submit more than 2 (two) articles;
v. The articles must have the following characteristics: they must be written in Microsoft Office Word 97 (or compatible) or in PDF, the maximum number of pages is 25, the space between lines is simple and the font and the size of letters have to be, respectively, Times New Roman and 12 pt;
vi. The fees, cost for transportation and accommodation are at the expense of participants.
Scientific Committee and Other Details
The Scientific Committee is Marco Flávio (UFMG), Simone Deos (UNICAMP), Ricardo Dathein (UFRGS), José Oreiro (UnB) e José Rubens Garlipp (UFU). Additional details about our Congress will appear in the AKB site, as soon as the Steering Committee, Fernando Ferrari (UFRGS), Luiz Fernando de Paula (UERJ)

13th Annual Conference of the European Society for the History of Economic Thought and Security


A Reminder and Extension of Deadline

The 13th Annual Conference of the European Society for the History of Economic Thought (ESHET) will be organized by the Economic Departments of the University of Macedonia and the Aristotle University and will be held at the University of Macedonia, Thessaloniki, Greece.

The conference will take place on 23- 26 April 2009 and its special theme is:
Technological Change and Economic Analysis

Confirmed keynote speakers are:
Professor Robert Solow (MIT, Cambridge, MA) and Professor Nick Craft (University of Warwick, UK)

Proposals for papers or sessions on all other aspects of the history of economic thought are also welcome. An abstract of about 400 words for a paper and about 600 words for a session s! hould be submitted at the latest by January 31, 2009. To submit an abstract, register at the conference website and follow the instructions (to access the conference website click on the title at the top of this announcement).

ESHET Young Scholars Seminar

ESHET invites young scholars (i.e. those who are working on or have just completed a PhD, regardless of their age) to submit their work to the Young Scholars Seminar to be held on the occasion of the ESHET Conference. Four submissions will be selected: ESHET will cover board, accommodation and registration fees plus travel expenses up to €300. The authors of the selected papers will have 30 minutes each to present the paper and a senior scholar, appointed by the ESHET Council, will discuss it. Papers may be on any topic relevant to the history of economics, and are not restricted to the conference theme. ESHET encourages young scholars to participate in the conference. A! one-year ESHET membership is offered to all young scholars wh! o submit a paper. Candidates should e-mail a paper no longer than 9000 words to Professors Ragip Ege and Tiziano Raffaelli (ege@cournot.u-strasbg.fr  and t.raffaelli@fls.unipi.it ), by February 20, 2009. The results of the selection process will be communicated to the candidates by 25 March 2009. Papers that have not been selected will be considered for presentation at other conference sessions.

Scientific committee: Harald Hagemann (Stuttgart-Hohenheim), Heinz D. Kurz (Graz), Amos Witztum (London Metropolitan University), Persefoni Tsaliki (Aristotle University, Thessaloniki), Lefteris Tsoulfidis (University of Macedonia, Thessaloniki), Joachim Zweynert (Hamburg)

Local organizing committee: Theodore Ikonomou (Aristotle University, Thessaloniki),
Stavros Mavroudeas (University of Macedonia, Thessaloniki), Persefoni Tsaliki (Aristotle University, Thessaloniki), Lefteris Tsoulfidis (U! niversity of Macedonia, Thessaloniki)

Conference website: http://www.eshet.net/conference/2009

European Journal of Economic and Social Systems

( http://ejess.revuesonline.com )
The 2008 Economic and Financial Crisis:An Analysis in Terms of Monetary Circuits
Guest Editors:
Louis-Philippe Rochon and Sergio Rossi
The summer 2007 subprime crisis has spread to all segments of globalized financial markets, and has become a global crisis also affecting production and investment activities all over the world. The fictitious capital circulating within the financial sector is thereby affecting also the so-called “real” economy. In fact, as modern circuit theory shows, monetary circuits concern economic magnitudes that have both a real and a financial dimension, in so far as they are the result of the monetization by banks of a past, present, or future production activity. The emergence of finance-led capitalism, however, changed the monetary circuit landscape: a purely nominal flow of money, deprived of any actual or forthcoming real assets (wealth), can be issued by banks as well as by the “shadow banking system” that has been generated by the two-decade long series of ever complex financial engineering practices, such as securitization, as well as by financial institution deregulation. The rising importance of “financialization” has raised concern that for every monetary unit linked to production, a dozen or far more units of money are issued and circulated in purely financial transactions that have no real stuff behind them (now and then).
The purpose of this special issue of the European Journal of Economic and Social Systems is to bring together a selected collection of high-quality theoretical and empirical papers devoted to studying and explaining the causes and consequences of the 2008 economic and financial crisis referring to the conceptual apparatus of the modern theory of the monetary circuit, also known as the monetary theory of production, which takes stock of Keynes’s “entrepreneur, or wage, economy,” and considers, in light of Wicksell and Schumpeter, the importance of banks (and their credit lines) for economic activity and development in any money-using economies.
Topics of interest include, but are not limited to:
– stock-and-flow analyses of finance-led capitalism with emphasis on the finance sector
– the emergence and development of a shadow financial system beyond the banking system
– the rise and fall of banks as providers of advances to finance production and consumption
– the re-emergence of banks’ core business as a result of the 2008 global financial crisis
– the roles of central banks in the payments industry and in financial crises management
– population aging, pension funds, monetary policy, and financial stability issues at stake
– conflicts between short-term (fictitious) financial capital and long-term (real) fixed capital
– global imbalances as a result of the lack of international settlements and a world currency

Submission procedure
A PDF file containing a completed draft or an extended abstract (800–1200 words) should be e-mailed to lprochon@laurentian.ca  and to sergio.rossi@unifr.ch by 28 February 2009. Every submitted paper will be blind reviewed by (at least) two referees and by both Guest Editors. Abstracts should contain JEL classification codes. The authors’ full name, affiliation, address, phone/fax, and e-mail for correspondence should also be indicated. An entire paper may be submitted, when available, but it must include an abstract and the relevant JEL codes.
Accepted papers will have to be formatted by their authors according to the EJESS house style (relevant information will be provided by the Guest Editors to those authors whose proposal is accepted by 30 March 2009). Proposals and full papers may be either in English or in French, as the EJESS is a bilingual journal ( http://ejess.revuesonline.com/revues/34/EJESS_07.pdf ). A paper submission implies that the paper has not been, or will not be, published elsewhere, and that it is not currently being refereed for another publication in the same language.
Notification to authors
Authors will be notified via e-mail about the acceptance of their proposals by 30 March 2009. Completed drafts of the full paper are due by 29 June 2009. Authors will be given two months after the refereeing process is completed to finalize their papers for publication, respecting the EJESS (house-style) guidelines that they will receive with the initial editorial decision.
Timetable and important deadlines
Deadline Production process
28 Feb 2009 Submission of extended abstracts (800 to 1200 words) to the Guest Editors
30 Mar 2009 Initial editorial decision and communication on accepted paper proposals
29 Jun 2009 Submission of full papers (7000 to 8000 words) to the Guest Editors
31 Aug 2009 Authors receive (at least two) referee reports and Guest Editors’ comments
31 Oct 2009 Submission of revised papers by their authors to the Guest Editors
31 Dec 2009 Publication date

World Association for Political Economy

WAPE [2008] No.11
Call for Papers
The Fourth Forum of the World Association for Political Economy (WAPE)
Nation, State, and Democratic Governance of the Global Economy
and Politics
May 28-29, 2009 in Paris, France
Hosted by World Association for Political Economy and Gabriel Peri Foundation
?? About WAPE
WAPE, registered at Hong Kong, China, is an international academic organization founded on an open, non-profit, and voluntary basis by Marxian economists and related groups all around the world. The standing body of WAPE includes the council, secretariat, academic committee and advisory committee. The mission of WAPE is to utilize modern Marxian economics to analyze and study the world economy, reveal the law of development and its mechanism, and offer proper policies to promote economic and social improvement on the national and global level, so as to improve the welfare of all the people in the world. The First WAPE Forum, “Economic Globalization and Modern Marxian Economics”, was successfully held in April 2006 in Shanghai University of Finance and Economics, China. The Second WAPE Forum, “The Political Economy of the Contemporary Relationship between Labor and Capital in the World”, was successfully held in October 2007 in the University of Shimane, Japan. In May 2
2008, over one hundred and forty Marxian economists from thirteen countries in five continents attended the Third WAPE Forum held in Tsinghua University, China, to probe into the theme “Marxism and Sustainable Development”. A statement adopted at the Third WAPE Forum, “On Marxism and Sustainable Development,” can be found on the WAPE website at  www.wape2006.org/en .
The Fourth WAPE Forum, “Nation, State, and Democratic Governance of the Global Economy and Politics”, will be hosted by Gabriel Peri Foundation on May 28-29, 2009
in Paris, France, and will announce the annual award of “Top Ten Academic Achievements of World Marxist Economics”.
Topics of the Fourth WAPE Forum
1. Is there a need for a world currency and world language?
2. Moving toward democratic global governance by reforming or replacing the WTO, IMF, and World Bank.
3. Nation, state, and ethnicity.
4. The Transnational capitalist class and the emergence of state-like structures.
5. The evolution of the state under globalization -- is the nation state obsolete?
6. The dangers of military Keynesianism and the global armaments trade.
7. Imbalances in the global trade and financial system and the role of the US dollar.
8. The financial crisis: causes, effects, policy responses.
9. Contradictions of neoliberalism and alternatives to neoliberalism.
10. The global consequences of the end of cheap energy.
11. The world food crisis: causes, effects, policy responses.
12. Modern imperialism.
13. The impact of East Asia on the World Economy.
14. How to obtain unity among wage earners in the global system.
15. Conflicts between Europe and the USA.

Schedule
1. Registration on May 27, 2009.
2. Official program on May 28 through May 29, 2009.

Venue
Le Campanile in Pantin, Paris, France.

Expenses
All the costs for this forum such as registration fee (300 euros), international travel, and lodging will be covered by the participants.

Submission of Papers
Please email your application, your paper of about 4000 words in English including abstract and keywords on the above topics together with your curriculum vitae (stating your affiliation, contacting information, list of published papers, and so on) before March 31, 2009 to hpjjx@vip.163.com (Prof. Xiaoqin Ding/Allen Ding, deputy secretary general of WAPE), and we will send you our official invitation. Marxian economists from all over the world are welcome to the forum to cooperate with each other to enlarge and strengthen the influence of Marxian economics in the world!
The WAPE Secretariat
September 2008

2009 History of Economics Society Meeting

The 2009 meetings of the History of Economics Society will held at the University of Colorado Denver over June 26-29. Those wishing to submit papers or propose sessions my do so at www.hes-conference2009.com

The conference will begin with an opening reception on Friday, June 26 and will end mid-day on Monday, June 29. The meetings will be held at the University of Colorado Denver's Kenneth King Academic and Performing Arts Center on the University's Downtown Denver Campus.
The campus's location in lower downtown Denver affords easy walking access to hundreds of restaurants and a variety of hotels in all price ranges. The campus's extremely limited dormitory facilities mean that there will likely not be a dorm housing option available.
Conference rates will be arranged with several hotels within easy walking distance of the campus. Direct flights from London and Frankfurt make this a very accessible location for those traveling from Europe. Registration information will be posted in due course.

If you encounter any problems with paper/session submission or have any other questions about the conference, you can email Steve Medema directly at HES2009@ucdenver.edu.

Young Scholars Session at the 2009 History of Economics Society Meeting

The 2009 History of Economics Society Conference will be held over June 26-29 at the University of Colorado Denver. Each year, the History of Economics Society supports Young Scholars (YS) who wish to present papers at the annual HES Conference. Selected HES Young Scholars receive free registration, a banquet ticket and a year's membership to the Society. For the 2009 HES Conference, funds will also be made available to defray housing costs for up to five Young Scholars.

Begun in 2000, the YS Program consistently features some of the most interesting and innovation scholarship at the HES Conference. If you, or a student you know, is interested, please submit a Young Scholar's Paper Proposal using the link on the Conference Website ( http://www.hes-conference2009.com/  ).
Please designate in your abstract that this is a "Young Scholar Proposal." The deadline for submissions is February 15, 2009.

From the proposal abstracts received, in consultation with the conference organizer, the President (Avi Cohen) will create up to 4 thematically linked Young Scholar sessions. Abstracts will be chosen based on originality and scholarly merit as well as clarity of exposition and the strength of the argument. If the President feels there are good abstracts that fail to fit with other YS proposals thematically, he has the option of asking the HES conference organizer to fit the additional Young Scholars into the regular program. All Young Scholars whose abstracts are chosen will receive free registration, a banquet ticket and a year's membership to the Society.

In addition, YS who submit their full paper for consideration by the end of April 2009 will be considered for free conference accommodation. From submitted papers, the HES President may choose up to 5 Young Scholars for free accommodation. A Young Scholar must be a PhD candidate or have obtained the PhD in the 2 years preceding the HES Conference.

Left Forum

While the new year may well bring more harrowing than heartening economic news, organizers at the Left Forum and at Pace university have been able to secure more rooms and conference space. The increased number of people that will now be able to present and attend provides an unprecedented opportunity to expand the Left dialogue and raise many voices in this time of growing challenges to all of our struggles.
We are thus extending the panel submission deadline to February 1st. If you haven't already submitted we would like to suggest that you and your colleagues consider this opportunity to join us at the Forum. To submit a panel proposal, please press the "call for panels" link on the opening page of the website ( www.leftforum.org ) or call or email us at leftforum@leftforum.org.  (212) 817-2003.
We realize that the winter holidays are not the best time for people to get excited about participating in a spring conference but a long lead time is necessary in planning and we hope can get you in motion so that you will not be disappointed come April. We would not have been able to offer this extension of the deadline, but have gotten word from the facilities folks that we now have the expanded conference space.

Appel à articles pour la Revue française de socio-économie

Date limite d’envoi des articles : 15 juillet 2009
Si les controverses récentes autour de la mesure de « réalités sociales » (le « chômage », la « pauvreté », ou les évaluations controversées du « progrès » et du « bien- être », etc.), et de pratiques ou d’activités (indicateurs de performance des services publics par exemple), ont pu un temps bousculer les catégories établies, elles n’ont pas toujours débouché sur l’engagement de réflexions qui auraient permis de comprendre leur fondement et, éventuellement, de remettre en cause leur légitimité, en renouvelant par exemple les alliances intellectuelles, économiques ou politiques au principe de leur existence.

4th Annual Green Economics Conference

The clash between Ecology and Economy, Greening the Economy,
Explanations, causes and answers to the current crises: the climate, biodiversity, mass species extinction, commodity fluctuations, poverty, and the credit crunch?
at Mansfield College, Oxford University, Friday 31st July, to Saturday 1st August 2009.

Union for Radical Political Economics

Call for Papers - Annual Meeting of ASSA
Atlanta, January 3-5, 2010

URPE invites proposals for individual papers and complete sessions for the URPE at ASSA annual meeting. URPE welcomes proposals on radical political economic theory and applied analysis from a wide variety of theoretical traditions.
Click here for detailed information and the form. 

Politics of Public Health Data Session

"Macroeconomics, Political Systems, and Population Health and Health Inequities”
Based on discussion at the Spirit of 1848 business meeting at the 2008 annual meeting of the American Public Health Association, the Politics of Public Health Data session will have an OPEN CALL FOR ABSTRACTS that critically examine how macroeconomics and political systems shape population health and health inequities, that is, the political economy of health writ large.
Examples of presentations could include results from empirical studies that demonstrate how the current economic market crisis affects population health and the magnitude of health inequities, or studies that demonstrate relationships between macroeconomic factors and/or political systems and temporal trends in overall levels of population health and/or the magnitude of health inequities. Additional possibilities include how policies of international economic institutions (e.g., The World Bank) or trade agreements (e.g., NAFTA) affect population health and health inequities, including with regard to policies and agreements pertaining to water and sanitation. Presentations based on research in the U.S. or in other countries are welcome; studies can focus on only one country or do cross-country or cross-region comparisons. The session will consist of 2-3 presentations and a discussant, and will allow for adequate time to solicit questions or comments from the audience.
Reminder: for this session we are issuing an open call for abstracts, meaning that: presentations for this session will be selected from abstracts submitted in response this “call for abstracts.”
This session will take place at the 137th annual meeting of the American Public Health Association, in Philadelphia, PA, on Monday, November 9th, in the 2:30 to 4:00 pm APHA time slot.
For any questions about this session, please contact Spirit of 1848 Coordinating Committee member Catherine Cubbin (email: ccubbin@austin.utexas.edu )
Abstracts are due on FEBRUARY 11, 2009. Submit to http://apha.confex.com/apha/137am/oasys.epl 
From http://www.spiritof1848.org/2009%20call%20for%20abstracts.htm 

Conference of the Regulating for Decent Work Network

Regulating for decent work: innovative regulation as a response to globalization
International Labour Office,
Geneva, Switzerland
8-10 July 2009
Call for abstracts
Deregulatory narratives have recently gained ground in both the research and policy arenas in efforts to quantify and compare labour laws and to assess their economic impacts. In initiatives to advance global production and investment too, flexibilisation is advanced as necessary and desirable for enhancing competitiveness and creating employment.
Click here for detailed information.

L'ADEK

L'ADEK vous signale cet appel:

APPEL A CONTRIBUTIONS : journée sur Sismondi, le 26 juin au Centre de Recherche Historique (EHESS, Paris)

Sous les auspices du Centre de Recherche Historique, il se tiendra le vendredi 26 juin 2009, à Paris, une journée d'étude consacrée al'œuvre économique et historique de SISMONDI.

L'actualité invite à réévaluer l'apport du premier grand penseur hétérodoxe de l'économie politique, son approche socio-historique de l'analyse économique, sa critique théorique de l'équilibre des marchés, sa conception de l'économie comme science morale et politique posant que la richesse des nations ne va pas sans un partage équitable. Pour cette journée Sismondi, les organisateurs ont déjà prévu d'animer des séances autour de certains thèmes tels que : l'impôt, la population, le bonheur, le progrès économique ou la rente foncière. Ces thèmes ne sont pas réservés, ils ne sont pas davantage exclusifs ; toute contribution est la bienvenue.


Toute personne désireuse de présenter une contribution est cordialement invitée à se faire connaître auprès d'Alain Guéry,C.R.H. , 54 boulevard Raspail, 75006 Paris, ou : guery@ehess.fr. Il lui suffit d'indiquer le titre de la communication projetée en l'accompagnant d'une courte page de présentation. Les propositions sont reçues jusqu'au 31 mars.
Le Centre de Recherche Historique est un laboratoire du CNRS,fonctionnant dans le cadre de l'Ecole des Hautes Etudes en Sciences Sociales, et qui se compose de plusieurs équipes thématiques. Sous la
responsabilité d'Alain Guéry, directeur de recherche au CNRS,l'équipe « Don, Monnaie, Prélèvement » compte une dizained'économistes et d'historiens qui ont précédemment travaillé sur les
œuvres de Simmel, Commons, Montchrestien et Cantillon.

Le programme définitif de la journée sera établi le 31 mai, et les contributions écrites parvenues à cette date seront communiquées par voie électronique à toutes les personnes désireuses de participer.
Les inscriptions sont dès maintenant ouvertes auprès d'Alain Guéry. Le présent appel à contribution se double d'un appel à expertise pour celles et ceux qui accepteraient de présenter un rapport oral sur l'une des contributions enregistrées. Les frais éventuels de transport et d'hébergement seront à la charge des intervenants.

European Journal of Economic and Social Systems

Cher Collègue,

Veuillez trouver ci-joint un fichier PDF avec un appel à contributions pour un numéro spécial du European Journal of Economic and Social Systems sur « La crise économique et financière de 2008 ».
Veuillez faire circuler cet appel dans vos réseaux scientifiques SVP.

Nous nous réjouissons d'ores et déjà de recevoir vos soumissions en temps voulu.

Meilleurs salutations et joyeuses Fêtes,

Louis-Philippe Rochon et Sergio Rossi

Edwin Le Heron

Basque Country 6th International Conference – Call for Papers

The Department of Applied Economics V of the University of the Basque Country and the Cambridge Centre for Economic and Public Policy, Department of Land Economy, of the University of Cambridge are organizing the 6th International Conference “Developments in Economic Theory and Policy”. The Conference will be held in Bilbao (Spain), in July 2-3, 2009, at the Faculty of Economics and Business of the University of the Basque Country.

Although papers are invited on all areas of economics, there will be Plenary Sessions with Invited Speakers about the following topics:
- Regional Economics
- Current Economic and Financial Crisis
- 21st Century Keynesian Economics

Suggestions for ‘Organized Sessions’ are encouraged. An Organized Session is one session constructed in its entirety by a Session Organizer and submitted to the conference organizers as a complete package. Session organizers must provide the following information:
- Title of the session, name and affiliation of the organizer, name and affiliation of chair (if different than organizer)
- Titles of the papers, name(s) and affiliation(s) of author(s)
In addition, contact information must be provided for each participant (name, address, telephone and fax numbers, e-mail address).

Besides plenary, organized and normal sessions, there will also be graduate student sessions (i.e., students currently making a MSc or a PhD programme). In these parallel sessions, students can present their research and discuss that of other students. Participants in graduate student sessions will have to pay a lower conference fee. Please provide proof of status at the time of payment; this can consist of proof of enrollment or a letter from the department chair.

The deadline to submit papers and ‘Organized Sessions’ is 31st May 2009.

For more information, you can contact with Jesus Ferreiro ( jesus.ferreiro@ehu.es ) or visit the website www.conferencedevelopments.com 

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Conferences, Seminars and Lectures

Summer School of the Research Network Macroeconomics and Macroeconomic Policies

“Keynesian Macroeconomics and European Economic Policies”
02 -- 9 August 2009, Berlin-Pichelssee, Germany
Location: IGM-Bildungsstaette
The summer school aims at providing an introduction to Post-Keynesian economics and to the problems of European economic policies as well as presenting some ongoing research to interested graduate students (MA and PhD) and junior researchers. It will consist of overview lectures, a panel discussion, student study groups and academic papers and it will feature leading international researchers in the area, like Philip Arestis (UK), Robert Blecker (USA), Eckhard Hein (Germany), Marc Lavoie (Canada), and Engelbert Stockhammer (Austria). Issues of monetary economics, the theory of growth and distribution, and the relation of Post-Keynesian Economics to other heterodox traditions, but also to the now prevalent New Keynesian approach, will be covered as well as applications of Keynesian theory to issues of the current financial market crisis, unemployment, monetary policy and macroeconomic policy coordination in the EU.
Language is English. There is a fee of € 250,- for each participant for accommodation and meals. Travelling costs cannot be covered.
Application: Send a letter of motivation (max. 2 pages), your CV, the questionnaire (see http://www.boeckler.de/33_94099.html ) and the address of one academic adviser who may be contacted for reference to susanne-stoeger@boeckler.de  no later than *02nd March, 2009*. Accepted participants will be informed by mid-April and will be provided with a reading package for the Summer School.
More information, questionnaire and updates on the summer school:
http://http://www.boeckler.de/33_94099.html 
More information on the research network:
http://www.boeckler.de/cps/rde/xchg/hbs/hs.xsl/36176_36330.html

Keynes-Gesellschaft

Einladung
zur 4. wissenschaftlichen Tagung der Keynes-Gesellschaft am 16. und 17. Februar 2009 in Wien
Hiermit lädt die Keynes-Gesellschaft Mitglieder und Nichtmitglieder zur Teilnahme an der o.a. Tagung in Wien ein; diese findet statt in der „Kammer für Arbeiter und Angestellte für Wien“, Prinz-Eugen-Str. 22 A-1040 Wien (nähe Südbahnhof).
Aktuelle Finanzkrise und andauernde Herausforderungen für die Europäische Währungsunion und für andere Währungsräume
1.Zur Finanzkrise
1 Georg Erber (DIW): Bankenkrise und geldpolitischen Fehler: Gibt es eine inverse Liquiditätsfalle?
2 Leander Hollweg: Kreditvergabepraxis in den USA zwischen Risikorating und Sozialpolitik
3 Gustav Horn/Heike Joebges: Zur Anatomie der Finanzmarktkrise
4 Ewald Waltershausen: Immobilienpreise/Vermögenswerte und Finanzmarktkrise
5 Podiumsdiskussion
2. Zur europäischen Währungsunion
6 Flassbeck, Heiner (Unctad): European integration: model or monster?
7 Fritz Helmedag (Chemnitz): Die Geldpolitik der EZB und das Preisniveau bzw. die
Inflationsrate
8 Peter Rühmann (Jena): Zur Bedeutung der räumlichen Mobilität in einer Währungsunion
9 Jörg Gude: EWWU – Alte Befürchtungen – neue Probleme, Lösungsansätze

Die Tagung beginnt am Montag, den 16. Februar um 9.30. Die Referenten und die Arbeitstitel der Referate entnehmen Sie bitte der Anlage. Das aktualisierte Tagungsprogramm finden Sie unter „Aktuelles“ auf der Website der Keynes-Gesellschaft“. Die Tagung soll am Dienstag gegen 16 Uhr enden. Während der Tagung findet auch eine Mitgliederversammlung statt.
Für Mitglieder ist die Tagung kostenlos. Nichtmitglieder zahlen einen Beitrag von 60 €, der im Falle einer Beitritts für 2009 angerechnet wird. Bitte melden Sie sich zur Tagung mit dem beigefügten Fax bei mir an.
Für die Übernachtung sind bei der Firma „123Tourismus“ folgende Hotel-Zimmer-Kontingente von Samstag, 14.2, bis Dienstag, 17.2, für die Tagungsteilnehmer bis 6 Wochen vor Anreise reserviert.
- 20 Doppelzimmer im Hotel „Clima Cityhotel“ in der Theresianumgasse 21 A (1040 Wien) zum Preis von 90 Euro pro Nacht und Zimmer einschließlich Frühstück.
- 30 Einzelzimmer im „Austria Trend Hotel beim Theresianum“ (Favoritenstrasse 52, 1040 Wien) zum Preis von 70 Euro pro Nacht einschließlich Frühstück.
Beide Hotels liegen in der Nähe des Tagungsorts. Um diese Vorzugspreise zu erhalten, muss Ihre Anmeldung bis zum 03. bzw. 05 Januar 2009 bei der o.a. Firma unter der Stichwort „Keynes-Tagung“ unter der Adresse office@123tourismus.at eingegangen sein (notfalls per Post Bernhard Gasse 16/12 A-1070 Wien). Jeder Teilnehmer erhält eine individuelle Bestätigung. Als Garantie der Buchung benötigt die o.a. Firma von jedem Teilnehmer eine Kreditkartennummer und deren Ablaufdatum, die Zahlung erfolgt direkt vor Ort.
Ich hoffe, zur Tagung zahlreiche Mitglieder und Gäste begrüßen zu können.

SEMINAIRE POLES 2/3

Vendredi 23 janvier 2009
à la M. S. H.
4 rue de la Croix Faron – Saint Denis –
RER B - Arrêt : La Plaine - Stade de France
Salle de Conférences - Informations pour accéder à la MSH :
www.mshparisnord.org/acces.htm
14h – 17h
Edwin LE HERON fera une présentation sur le thème : "Crise financière et
comportement bancaire dans un modèle SFC post keynésien"
Discutant : Jacques MAZIER

CEPN – UMR 7115
Centre d’Economie de l’Université Paris Nord
UFR Sciences Economiques
99, Avenue Jean-Baptiste Clément
93430 VILLETANEUSE
01 49 40 32 55
01 49 40 20 83

University of Cambridge

The St Catharine's College Political Economy seminar series this term will be on the theme of the 'Financial Crisis: Causes and Impact'.

The first seminar will be by Professor Philip Arestis (University of Cambridge): on the 'Current Financial Crisis and Regulatory Implications' and will be held in the Rushmore Room (St Catharine's) on 20 January from 6pm to 7.30pm.

All are welcome to attend the seminar - and future events this term which are detailed below.

12 February (6pm – 7.30pm): William Keegan (Observer): Fifty Years of Boom and Bust from Macmillan to the Credit Crunch Ramsden Room

26 February (6pm – 7.30pm): Terry Barker (University of Cambridge): Predictions of 'Return to Normal' in the Global Economy Ramsden Room

12 March (6pm – 7.30pm): Malcolm Sawyer (University of Leeds): Economic Policy After the Financial Crisis Ramsden Room
 
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Job Postings for Heterodox Economists

Program Associate

http://www.americaspolicy.org/

Program Associate Job Description
The Americas Program Program Associate is a full time position based in Mexico City available soon to qualified candidates.

Main responsibilies include:
1. Production of materials: Tracking, copyedit and coordination of production of all Americas Program ( www.americaspolicy.org ) articles in English, Spanish and Portuguese. The Program Associate also coordinates translation and promotion of materials to the public and media, management of subscriber lists/listserves/google groups of 32,000 people.
2. Fundraising: proposal writing, research funding sources, individual donor drives, and generating from fees, royalties and honoraria, grant reports.
3. Media Outreach: to Spanish and English language media in the U.S. and Latin America. Also includes tracking media appearances.
4. Some administration: The CIP office does much of the adminstration but the Program Associate handles payments to providers, petty cash and expense reports, copies in coordination with administrative staff in Washington DC and webmaster in New Mexico.
5. Miscellaneous tasks: website changes, relations with other organizations, etc.

Skills required:
Fluent written and spoken English and Spanish. Portuguese a plus.
Basic Word/Excel, HTML/dreamweaver, Quark. Basic email distribution web-based software also a plus.
Salary and Benefits: According to experience
Send resume and cover letter to americas@ciponline.org 
Contact: Katie Kohlstedt, americas@ciponline.org,  202-536-2649

Research Fellow in Natural Resource Economics

Inviting Expressions of Interest
Expressions of interest are invited for the post of Research Fellow in Natural Resource Economics to head up and develop a dynamic Marine Socioeconomic Research Unit at the National University of Ireland Galway, as part of the Irish Sea Change Programme.

Post Doctorate Degree Grant

The Economics, Management and Demography Doctoral School (n°42) will be equipped for the year 2009 - 2010 with a post doctorate degree grant.
This one can be awarded to the following research teams belonging to the Doctoral School :

- GREThA UMR 5113 http://beagle.u-bordeaux4.fr/gretha-new/  (Dir. Pr. Y. Lung)
- LARE-Efi http://lare-efi.u-bordeaux4.fr/  (Dir. Pr. Y. Marquet)
- IRGO http://irgo.u-borderaux4.fr/  (Dir. Pr. G. Hirigoyen)
- IEDUB bergou@u-bordeaux4.fr  (Dir. Pr. Ch. Bergouignan)

Annual amount remuneration :
Euros 40 000 (without pay roll taxes deduction)
Monthly net wage : euros 2 000
Both french and foreign post doctor's degree researcher is authorized to apply for this grant.

*How to apply for the grant* :
Contact the director of the specific research team for information.
The research teams directors belonging to the Doctoral School will have to inform the School about the candidates.
Then the Doctoral Board will award the post doctorate degree grant, after having discussed choice with the concerned research teams directors.
*Candidate deadline* : March 1, 2009

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Heterodox Conference Papers and Reports and Articles

Excess Capital and Liquidity Management

Jan Toporowski
Theory presupposes that firms limit their financial needs when undertaking profitable ventures in nonfinancial activities. According to Jan Toporowski, firms may hold excess capital (in financial assets) relative to the capital needed to undertake production in order to manage liquidity. Thus, the internal liquidity of large companies, not monetary policy, is the key factor in nonfinancial business investment. In a financially advanced economy, interest is a purely monetary phenomenon.
The ideas in this paper are connected to the industrial economics of Michal Kalecki and Hyman P. Minsky, as well as the monetary economics of Kalecki. The author’s analysis extends the view of excess capital held by John Maynard Keynes.
http://www.levy.org/pubs/wp_549.pdf

An Empirical Analysis of Gender Bias in Education Spending in Paraguay

Thomas Masterson
Gender affects household spending as a result of female bargaining power and in terms of spending on children. Research Scholar Thomas Masterson assesses the impact of objective and subjective gender patterns on intrahousehold decision-making processes related to education expenditures in Paraguay. He observes what appears to be a pro-male bias, but his findings are inconsistent between rural and urban areas, and between age groups. Also, gender patterns seem to be more pronounced at the household level than at the individual level—a result that is contrary to a similar study conducted in India by Geeta Gandhi Kingdon in 2005.
More information about asset ownership and decision making is needed before there can be effective policy interventions, says Masterson. It is difficult to see the relationship between women’s economic empowerment within the household and their bargaining power, at least in terms of spending on education.
http://www.levy.org/pubs/wp_550.pdf

Small Is Beautiful: Evidence of an Inverse Relationship between Farm Size and Yield in Turkey

Fatma Gül Ünal
The inverse relationship between farm size and yield per acre has crucial and far-reaching implications for rural development policy; for example, it may provide economic justification for redistributive land reforms. Despite more than 40 years of research, however, there is no consensus on what causes the inverse relationship.
This paper by Research Associate Fatma Gül Ünal affirms that there is a very strong inverse size-yield relationship in Turkey. The relationship is driven by labor input per decare (1,000 square meters, or .25 acre), where land fragmentation appears to have a positive impact on productivity. The author’s findings negate recent “market-friendly” agricultural reforms, while favoring land redistribution supported by technical and financial assistance for farmers. Given current macroeconomic policy, she foresees rising inequality and poverty in the country.
http://www.levy.org/pubs/wp_551.pdf

'Financialisation'

Hein, Eckhard: 'Financialisation' in a comparative static, stock-flow consistent Post-Kaleckian distribution and growth model, IMK Working Paper, Nr. 21/2008: http://www.boeckler.de/pdf/p_imk_wp_21_2008.pdf 

Gatekeeper Economics II

Gatekeeper Economics II — When Ivory Tower Theory and Practice Go Bad: The Milton Friedman Aberration — Capitalism as Fascism to Create a World that Fits Friedman’s Idiosyncratic and Normative Theory of What the World We Live in Should Be (when smart guys go wrong—good and evil in economics)
W. Robert Needham (December 2008)
“A theory however elegant and economical must be rejected or revised if it is untrue; likewise laws and institutions no matter how efficient and well-arranged must be reformed or abolished if they are unjust.”
Download the paper.

Grupo de Propaganda Marxista

El presente mensaje tiene por objeto informar de que hace aproximadamente diez días, subimos a nuestra página Web:
http://nodo50.orge/gpm , el documento que hemos elaborado sobre la actual crisis capitalista mundial, en formato htm de Word.

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Heterodox Journals and Newsletters

Review of Social Economy

Volume 66 Issue 4  is now available online at informaworld ( http://www.informaworld.com ).

This new issue contains the following articles:

Rethinking the Costs of Economic Growth. Association for Social Economics Presidential Address, 2008
Author: John P. Tiemstra

Competition and Participation in Religious Markets: Evidence from Victorian Scotland
Authors: Robert I. Mochrie; John W. Sawkins; Alexander Naumov

Trade, People and Places: A Social Economic–Geographic Approach to Comparative Institutional Advantage
Authors: Geoffrey Schneider; Paul Susman

Uncertainty, Rationality and the Study of Social Institutions
Author: Oliver Kessler

Some Notes on the Nature of Money and the Future of Monetary Policy
Author: Claudio Sardoni

Giving–How Each Of Us Can Change The World
Author: Wilfred Dolfsma

Capitalism and its Economics–A Critical History
Author: Jack Reardon

Rethinking Political Institutions: The Art of the State
Author: Cristian Pérez Muñoz

The Economics of Non-selfish Behavior: Decisions to Contribute Money to Public Goods
Author: Martha A. Starr

The Year of the Euro: The Cultural, Social, and Political Import of Europe's Common Currency
Author: Miguel-Ángel Galindo

Hans Enghave Jensen, 1919–2008

Revista De Economia Institucional

VOLUME 10, NUMBER 19, SECOND SEMESTER 2008

http://www.economiainstitucional.com/eng/current/index1.htm

Editorial
Articles
The Source of the Panic of 2008: The Mortgage Credit Market Crisis in the United States
Mauricio Pérez Salazar

Time of Uncertainty. Causes and Consequences of the Global Crisis
César Ferrari
Orlando Fals Borda, Commitment Sociologist
Gonzalo Cataño

What is Global Justice?
Thomas Pogge

Hurwicz and the Judge of the Last Instance
Jorge Iván González

Evaluation of the Laws: Criminology Lessons
Mauricio Rubio

Computers and Economic Democracy
Allin Cottrell y Paul Cockshot

Economic Consequences of Independence in Colombia
Salomón Kalmanovitz

The Colonial Origin of the Differences in Development between Countries: Neoinstitutionalism and Hispano-America
Álvaro Albán Moreno

Colombia and Venezuela: Economic Performance, Exchange Rate and State-business Relations
Alberto Martínez C.

Over-education in the Colombian Labor Market
Jhon James Mora

Quantitative Fiscal Rule to Consolidate and Shield the Colombian Public Finances
Ignacio Lozano, Hernán Rincón, Miguel Sarmiento y Jorge Ramos

Classics
Historical Perspective of Colombian Economy
Luis Ospina Vásquez

Notes and Discussions
Speech on Race
Barack Obama

Reviews
“Critical Yeast” and the Art of Amassing Peace
Bernardo Pérez Salazar

http://www.economiainstitucional.com/eng/ 

International Journal of Political Economy

IJPE, Vol. 37, no. 1 (Spring 2008)

Table of Contents

“Using Minsky’s Cushions of Safety to Analyze the Crisis in the U.S. Subprime Mortgage Market” by Jan Kregel (Levy Economics Institute, Bard College, Annandale-on-Hudson, U.S.A.)

“The World Bank: Development Agency, Credit Union, or Institutional Dinosaur?” by Chee Khoon Chan (Universiti Sains Malaysia, Penang, Malaysia)

“The Shrinking Gains from Global Trade Liberalization in Computable General Equilibrium Models: A Critical Assessment”, by Frank Ackerman (Tufts University, U.S.A.) and Kevin P. Gallagher (Boston University, U.S.A.)

“Expanding the Boundaries of the Economics of Crime” by Steven Pressman (Monmouth University, U.S.A.)


IJPE, Vol. 37, no. 2 (Summer 2008)
TITLE OF SPECIAL ISSUE: “The Political Economy of Interest Rate Setting: Critical Perspectives”

Table of Contents

Editor’s Introduction

“The Political Economy of Interest-Rate Setting, Inflation and Income Distribution”, by Louis-Philippe Rochon (Laurentian University, Sudbury, Ontario, Canada) and Mark Setterfield (Trinity College, Hartford, CT, U.S.A.)

“The Rate of Interest, Monetary Policy, and the Concept of ‘Thrift’”, by John Smithin (York University, Toronto, Ontario, Canada)

“What Did the Fed Do When Inflation Died? An Empirical Investigation”, by Olivier Giovannoni (University of Texas at Austin, TX, U.S.A.)

“Equity Returns and Monetary Policy”, by H. Sonmez Atesoglu (Clarkson University, Potsdam, NY, U.S.A.)

“Basel II and the Political Economy of Banking Regulation-Monetary Policy Interaction”, by Peter Docherty (University of Technology, Sydney, Australia)


IJPE, Vol. 37, no. 3 (Fall 2008)
TITLE OF SPECIAL ISSUE: “In Search of the Developmental State”

Table of Contents

Editor’s Introduction

“The Search for a New Developmental State”, by Jamee K. Moudud (Sarah Lawrence College, Bronxville, New York, U.S.A.) and Karl Botchway (City University of New York, New York, NY, U.S.A.)

“The Concept and Evolution of the Developmental State’”, by Esteban Pérez Caldentey (ECLAC, Santiago, Chile)

“Towards a New Developmental Paradigm for Latin America”, by Ignacio Perrotini (Universidad Nacional Autónoma de México, Mexico City, Mexico), Juan Alberto Vázquez (Benemérita Universidad Autónoma de Puebla, Puebla, Mexico) and Blanca L. Avendaño (Benemérita Universidad Autónoma de Puebla, Puebla, Mexico)

“What is New and What is Left of the Economic Policies of the New-Left Governments of Latin America?”, by Juan Carlos Moreno-Brid and Igor Paunovic (ECLAC,, Mexico City, Mexico)


IJPE, Vol. 37, no. 4 (Winter 2008-2009)
TITLE OF SPECIAL ISSUE: “Financial Flows and Exchange Rate Movement in the Global Economy”

Table of Contents

Editor’s Introduction

“Insuring against Private Capital Flows: Is It Worth the Premium? What Are the Alternatives?” by Jörg Bibow (Skidmore College, Saratoga Springs, New York, USA)

“Has Capital Account Liberalization in Latin American Countries Led to Higher and More Stable Capital Inflows?”, by Jesus Ferreiro (Universidad del País Vasco, Bilbao, Spain), Eugenia Correa (Universidad Nacional Autónoma de México, Mexico City, Mexico), and Carmen Gomez (Universidad del País Vasco, Bilbao, Spain)

“The Decline of the Exchange Rate Pass-Through in Brazil: Explaining the ‘Fear of Floating’”, by Carlos Eduardo Schönerwald da Silva (Universidade do Vale do Rio dos Sinos, São Leopoldo, Brazil) and Matias Vernengo (University of Utah, Salt Lake City, USA)

“The Effects of External Capital Flows in Developing Countries: Financial Instability or “Wrong” Prices”, by Noemi Levy Orlik (Universidad Nacional Autónoma de México, Mexico City, Mexico)

The Erasmus Journal for Philosophy and Economics (EJPE)

The Erasmus Journal for Philosophy and Economics (EJPE) is proud to announce the publication of its first issue online at http://ejpe.org 

EJPE is a biannual academic journal publishing research which improves our understanding of the methodology, history and inter-disciplinary relations of economics. The journal is supported by the Erasmus Department of Philosophy and Erasmus Institute for Philosophy and Economics (EIPE) and is free to access.

The first issue includes

Realism from the ‘lands of Kaleva’: an interview with Uskali Mäki

(Why) do selfish people self-select in economics?
By Alessandro Lanteri

Are we witnessing a ‘revolution’ in methodology of economics? About Don Ross’s recent book on microexplanation.
By Maurice Lagueux

Reply to Lagueux: on a revolution in methodology of economics
By Don Ross

The impossibility of finitism: from SSK to ESK?
By David Tyfield

Bernard Mandeville and the ‘economy’ of the Dutch
By Alexander Bick

Is history of economic thought a “serious” subject?
By Maria Cristina Marcuzzo

Reviewing 'The Cult of Statistical Significance': an exchange between Aris Spanos and Stephen Ziliak & Deidre McCloskey

The Call For Papers for future issues is now permanently open. 

Revue de la Régulation

La sortie du numéro 3/4, numéro double, de la Revue de la régulation  http://regulation.revues.org/sommaire2813.html , marque une étape du développement de notre politique éditoriale. Sans sacrifier à l’exigence de diversité propre à une revue généraliste, le CR a décidé de s’engager dans la publication de dossiers thématiques. Ces dossiers sont le résultat d’initiatives menées en collaboration avec différents chercheurs à partir de colloques ou d’appel à contribution. Ces dossiers sont co-dirigés dans le cadre d’un « comité éditorial » composé à parité par les porteurs du projet et des membres du CR. Le comité éditorial sélectionne les contributions qu’il juge les plus intéressantes et les soumet aux mêmes règles d’évaluation que les publications figurant sous la rubrique « varia ». Les dossiers sont alors publiés sous la
responsabilité scientifique des porteurs du projet.
Click here for detailed information.

History of Economics Review

No. 48, Summer 2008

Articles

- Marshall vs. Walras on Equilibrium and Disequilibrium
Franco Donzelli

- From Marketability to Flexibility: Pantaleoni’s ‘Impure’ Theory of Money and Banking
Nicola Giocoli

- Alfred William Flux (1867–1942): A Mathematician Successfully ‘Caught’for Economics by Marshall
Peter Groenewegen

- One Hundred Years From Today
Joseph Schumpeter’s Das Wesen und der Hauptinhalt der theoretischen Nationalökonomie
Peter Kesting

- Communications and Notes from the Archives
Obituary: Dave Clark (1946–2008)
Peter Groenewegen

- A Wealth of Notions
Tony Aspromourgos

- Review Article
The Paretian School of Thought in Italy
Domenicantonio Fausto

- Book Reviews
F.A. Hayek. The Collected Works of F.A. Hayek, Volume 2.
The Road to Serfdom
Tony Endres

- Carl Wennerlind and Margaret Schabas, eds. David Hume’s Political Economy
Peter Groenewegen

- Ralph Harris. Ralph Harris in His Own Words:
The Selected Writings of Lord Harris
J.E. King

- Italo Magnani. Dibattito Tra Economisti Italiani di Fine Ottocento
Michael McLure

- Paul Davidson. John Maynard Keynes
Colin Rogers

- D.P. O’Brien. The Development of Monetary Economics. A Modern
Perspective on Monetary Controversies
Michael Schneider

Rethinking Marxism

Rethinking Marxism A Journal of Economics, Culture & Society
Volume 21 Issue 1 2009

http://www.informaworld.com/smpp/title~db=all~content=g906242092~tab=toc

Four Poems
Author: Minnie Bruce Pratt

Poststructural Logic in Marx's Theory of Value
Author: David Kristjanson-Gural

The Politics of Interventionist Art: The Situationist International, Artist Placement Group, and Art Workers' Coalition
Author: Mikkel Bolt Rasmussen

The First Person
Author: Ryan Eric

Thoughts on Gramsci's Need “To Do Something 'Fuumlr ewig'”
Author: Joseph Francese

Knowledge versus “Knowledge”: Louis Althusser on the Autonomy of Science and Philosophy from Ideology—A Reply to William S. Lewis
Author: Hristos Verikukis

GLOBALIZATION UNDER INTERROGATION

Global Justice as Ethico-Political Labor and the Enactment of Critical Cosmopolitanism
Author: Fuyuki Kurasawa

Rethinking Marx and the Spiritual
Author: Kevin M. Brien

Remarx
An Encounter of Postmodern Marxism with American Studies in South Korea
Author: Jo-Young Shin

Journal of Innovation Economics

We have the pleasure to announce the publication of the issue n°2 of the Journal of Innovation Economics.
The topic is "Dynamics of Innovation, Organization and Governance of the Firm". You will find it on CAIRN's website:
http://www.cairn.info/revue-journal-of-innovation-economics-2008-2.htm

CASE e-Newsletter

http://www.case.com.pl/plik--23376387.pdf?nlang=710

- Knowledge-based enterprises in Central and Eastern Europe: In need to innovate!
- A Non-Stimulating Stimulus?
- GDP in the Euro Area to Grow by 1.6% in 2011
- Supporting UNICEF to achieve improvements in outcomes for children and families in the Western Balkans and the Commonwealth of Independent States regions

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Heterodox Books and Book Series

Routledge Advances in Heterodox Economics

Frederic S. Lee, Series Editor
University of Missouri-Kansas City
E-mail: Leefs@umkc.edu

Routledge Advances in Heterodox Economics seeks to promote new streams of heterodox thinking (or fresh
confluences among the existing paradigms of Austrian, Feminist, Institutional-Evolutionary, Marxian, Post
Keynesian, Radical, Social, and Sraffian economics) in economic theory, policy, philosophy, intellectual history,
institutional history, and pedagogy. This includes (but is not limited to) books in the following areas:

- The synthesis of two or more heterodox theories in the general fields of microeconomics and macroeconomics, or
in specialized fields such as ecological or development economics
- The history or philosophy of heterodox economics, including intellectual biographies or histories of
theoretical controversies, past and present
- The development of novel heterodox theories, such as a feminist theory of international trade
- Heterodox approaches to economic education
- Anthologies of heterodox work in a specific field or area

If you have a project that might be appropriate for this series, even if it doesn’t fit any of these categories,
please contact Fred Lee ( leefs@umkc.edu ) to explore it. The key criterion, always, is how well the project
promises to advance heterodox economics in light of the aforementioned aims.

So far there are nine books published in the series (when it was at University of Michigan Press) and currently
under Routledge, with four more to be published in the next six months.
Click here for detailed information.

The Crisis of Social Democratic Trade Unionism in Western Europe

The Crisis of Social Democratic Trade Unionism in Western Europe: The Search for Alternatives by Martin Upchurch,
Middlesex University, UK, Graham Taylor and Andrew Mathers, University of the West of England, UK

There is a developing crisis of social democratic trade unionism in Western Europe; this volume outlines the
crisis and examines the emerging alternatives. The authors define ‘social democratic trade unionism’ and its
associated party-union nexus and explain howthis traditional model has been threatened by social democracy’s accommodation to neo-liberal restructuring and public service reform. Examining the experience of Sweden, Germany, Britain and France, the volume explores the historical rise and fall of social democratic trade unionism in each of these countries and probes the policy and practice of the European Trade Union Confederation.

The authors critically examine the possibilities for a revival of social democratic unionism in terms of strategic policy and identity, offering suggestions for an alternative, radicalized political unionism. The research value of the book is highlighted by its focus on contemporary developments and its authors’ intimate knowledge ofthe chosen countries.

Contents: Social democracy and trade unions; Sweden – social democracy after the divorce?; Germany – the collapse of a model?; State, unions, and labourism in Britain; The persistence of French exceptionalism?; The ‘European social model’: towards a transnational social democratic trade unionism?; Alternative futures?; Appendices; References; Index.

To order, please visit: www.ashgate.com 

How Should Research be Organised?

By Donald Gillies
http://www.collegepublications.co.uk/other/?00009 

This book presents detailed criticisms of existing systems for organising research, and outlines a new approach based on different principles. Part 1 criticizes the research assessment exercise (RAE) which has been used in the UK from 1986 to 2008. It is argued that the RAE is both very costly, and likely to reduce the quality of research produced. The UK government has decided that, from 2009, the RAE should be replaced by a system based on metrics. In Part 2 this system is criticized and it is argued that it is certainly no better, and probably worse, than the RAE. In Part 3 of the book, the proposed alternative system is outlined, and it is argued that it would produce better quality research at a much lower cost than either the RAE or the system based on metrics. The arguments are illustrated by a variety of examples of excellent research, taken from different fields. These include Einstein's discovery of Special Relativity, Fleming's discovery of penicillin, Frege's introduction of modern mathematical logic, and Wittgenstein's work on his masterpiece: Philosophical Investigations.

The Author: Donald Gillies is Professor in the Department of Science and Technology Studies, University College London. For a podcast interview about the book: www.ucl.ac.uk/sts/gillies.

The Rise of China and the Demise of the Capitalist World Economy

by Minqi Li
http://www.monthlyreview.org/riseofchina.php 

“Minqi Li has accomplished something different and very important. He has placed the ‘rise of China’ from the Mao
era to today in the context of the history of the entire world-system. He makes a persuasive case.”—Immanuel
Wallerstein, Yale University
“A thought-provoking account. Minqi Li considers the consequences of the entry of China into the global
capitalist system, in light of the challenges facing human society from economic, political, and environmental
constraints. This book makes a major contribution.”—David M. Kotz, Professor of Economics, University of
Massachusetts, Amherst
In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capitalist system will, in fact and in the not too distant future, bring about its demise.
The author tells us that historically the spread and growth of capitalist economies has required low wages,
taxation, and environmental costs, as well as a hegemonic nation to prevent international competition from
eroding these requirements. With the decline of the economic power of the United States, its current hegemonic role will deteriorate and the unprecedented growth of China will so erode the foundations of capital accumulation—by pushing wages and environmental costs up, for example—that the entire capitalist system will be shaken to its core. This is essential reading for those who still believe that there is no alternative.
Minqi Li is Assistant Professor of Economics at the University of Utah. He became an adherent of radical
economics as a political prisoner in China from 1990-1992 and began an intensive study of China’s economy and its role in the world capitalist system upon his release.

The New Economics of Sustainable Consumption: Seeds of Change

by Gill Seyfang, University of East Anglia, 2009.
(Palgrave Macmillan, Basingstoke. Hardback ISBN 978-0-230-52533-7)

Climate change is forcing us to rethink our lifestyles, but green consumerism won’t save the planet. Mainstream approaches simply cannot deliver the radical changes we need for a sustainable society. This book offers a fresh look at sustainable consumption, presenting a holistic ‘New Economics’ approach. It explores how grassroots community actions for sustainability are experimenting with new ways of working, measuring value and progress, and expressing ecological citizenship.

Local organic food systems, low-impact eco-housing, and complementary currencies are examined to measure their success at delivering localized economies and inclusive communities, enabling people to reduce their ecological footprints, harnessing collective energies and building new forms of social organization. Viewing these activities as innovative ‘green niches’, the book explores the opportunities for grassroots innovations to spread and influence wider society, and the barriers preventing them achieving their potential.

CONTENTS:
Introduction: A Consuming Issue
Sustainable Consumption: A Mainstream Agenda
Sustainable Consumption and the New Economics
Grassroots Innovations for Sustainable Consumption
Sustainable Food: Growing Carrots and Community
Sustainable Housing: Building a Greener Future
Sustainable Currencies: Green Money from The Grassroots
Conclusions: Seedbeds for Sustainable Consumption
References

GILL SEYFANG is an environmental social scientist at the University of East Anglia, UK, working on sustainable
consumption. She currently holds a Research Councils UK Academic Fellowship and is developing a research
programme in Low-Carbon Lifestyles. She is co-editor of 'Corporate Responsibility and Labour Rights'.

http://www.palgrave.com/products/title.aspx?PID=279575


The Great Financial Crisis: Causes and Consequences

by John Bellamy Foster and Fred Magdoff
http://www.monthlyreview.org/greatfinancialcrisis.php 
The bursting of the housing bubble and the ensuing financial debacle have left most people, including many economists and financial experts asking: Why did this happen? If they had been reading Monthly Review, and were familiar with such articles as “The Household Debt Bubble,” “The Explosion of Debt and Speculation,” and “The Financialization of Capitalism,” they would not have needed to ask. In their new book, The Great Financial Crisis: Causes and Consequences, Monthly Review editor John Bellamy Foster and long-time Monthly Review contributor, Fred Magdoff, update this analysis, exploring the whole course of what is now known as “the worst financial crisis since the Great Depression”: from the debt explosion and housing bubble to the subprime debacle and federal bailout. They argue that this latest financial crash, although greater than any since 1929, is itself a symptom of deeper problems connected to the stagnation of the “real” or productive economy of mature capitalism. Financial bubbles have become the chief means of countering stagnation, but these inevitably burst, bringing the underlying economic problems back to the surface. The only recourse of the system: new and bigger bubbles, leading, as they too pop, to still greater financial crises and worsening conditions of production—in what has now become a vicious cycle.
With this as their key, Foster and Magdoff are able to examine the complex interconnections associated with rising debt, weakening production and investment, stagnant wages, burgeoning unemployment, rapidly growing class inequality, spiraling global economic instability, and spreading militarism and imperialism. At the center of the story is the latest phase of capitalism, “monopoly-finance capital,” that has generated a giant casino economy and promotes enormously exorbitant, exploitative, and corrupt practices as well as violence abroad—all geared to finding and protecting profitable ways to invest the corporate capital surplus. Meanwhile, the real, pressing needs of most people in the society go unaddressed. The only genuine way out of trap, The Great Financial Crisis argues, is the promotion of those very measures—such as massively expanding socially useful public spending, improving the security of the working class, and democratizing ownership of productive property—that are invariably opposed by the current system of wealth and power. If the legendary Mother Jones was right, and we must educate ourselves for the coming struggle, then this book is today’s most essential reading.
John Bellamy Foster is editor of Monthly Review. He is professor of sociology at the University of Oregon and author of Critique of Intelligent Design (with Brett Clark and Richard York), Naked Imperialism, Ecology Against Capitalism, Marx’s Ecology, The Vulnerable Planet, and The Theory of Monopoly Capitalism.
Fred Magdoff taught at the University of Vermont in Burlington, is a director of the Monthly Review Foundation, and has written on political economy for many years. He is co-editor of the book Hungry for Profit:  The Agribusiness Threat to Farmers, Food, and the Environment (with John Bellamy Foster and Frederick H. Buttel).

Are Worker Rights Human Rights?

Richard P. McIntyre
In a global economy, workers must assert their collective rights as workers in order to win human rights as individuals

About the Book

"In a much-needed intervention, Ric McIntyre recasts the debate about globalization and labor rights and speeds us to the heart of the matter: the battle between transnational corporations who distance themselves from responsibility for the fate of workers, and labor activists who seek to reestablish bonds of accountability and moral obligation. The stakes in this struggle are enormous, and Dr. McIntyre provides crucial insight into the economic and political dynamics that define it."
—Scott Nova, Executive Director, Worker Rights Consortium, Washington, DC

http://www.press.umich.edu/titleDetailDesc.do?id=189253

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Heterodox Book Reviews

Guilds, Innovation and the European Economy

S. R. Epstein and Maarten Prak, editors, _Guilds, Innovation and the European Economy, 1400-1800_. Cambridge: Cambridge University Press, 2008. viii + 352 pp. $99 (cloth), ISBN: 978-0-521-88717-5.
Reviewed for EH.NET by Christine MacLeod, School of Humanities, University of Bristol.

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Heterodox Websites and Associations

The Alternative Nobel

The Alternative Nobel – The Right Livelihood Awards for ‘reshaped societies’: The Prize for Outstanding Vision and work on Behalf of our Planet and its People
http://www.rightlivelihood.org/   

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The HEN-IRE-FPH Project

The HEN-IRE-FPH Project for Developing Heterodox Economics and Rethinking the Economy Through Debate and Dialogue

The Heterodox Economics Newsletter, The International Initiative for Rethinking the Economy (IRE), and the Charles Leopold Mayer Foundation for the Progress of Humankind (FPH) ( www.fph.ch ) have undertaken a joint project to promote the development of heterodox economics. It involves publishing in the Newsletter reviews, analytical summaries, or commentary of articles, books, book chapters, theses, dissertations, government reports, etc. that relate to the following themes: diversity of economic approaches, regulation of goods and services, currency and finance, and trade regimes. These themes relate to heterodox economics and to the open and pluralistic intellectual debates in economics. For further information about the project and queries about reviewing, contact Fred Lee ( leefs@umkc.edu ).

Capitalism, the Anti-globalization Movement and the Third World

Thomas, N. (2007), ‘Capitalism, the Anti-globalization Movement and the Third World,’ Capital & Class, 92: 45-80.
Review by Yan Liang. University of Redland yan_liang@redlands.edu 

Building on Lost Foundations: The Institutional Matrix and Socioeconomic Development

Stein, H. (2008), ‘Building on Lost Foundations: The Institutional Matrix and Socioeconomic Development,’ in H. Stein Beyond the World Bank Agenda, 111-46, Chicago and London: The University of Chicago Press.
Review by Yan Liang. University of Redland yan_liang@redlands.edu 

Political Economy and the Idea of Development

Levin, D. P. (2001) ‘Political Economy and the Idea of Development,’ Review of Political Economy, 13(4): 523-36.
Review by Yan Liang. University of Redlands yan_liang@redlands.edu

The Global Economy – Myths and Realities

Perraton, J. (2001) ‘The Global Economy – Myths and Realities,’ Cambridge Journal of Economics 25(5): 669-84.
Review by Yan Liang. University of Redlands yan_liang@redlands.edu

The Long and Short of It: Globalization and the Incomes of the Poor

Weller, C. E. and Hersh, A. (2004) ‘The Long and Short of It: Globalization and the Incomes of the Poor,’ Journal of Post Keynesian Economics, 26(3): 471-504.
Reviewed by Yan Liang, University of Redlands yan_liang@redlands.edu. 

Social structures of accumulation theory: The state of the art

McDonough, T. (2007), ‘Social structures of accumulation theory: The state of the art’, Review of Radical Political Economics, Spring, 40(2): 153-73.
Reviewed by Lynne Chester, Curtin University, Australia L.Chester@curtin.edu.au. 

The nature of heterodox economics

Lawson, T. (2006), ‘The nature of heterodox economics’, Cambridge Journal of Economics, July, 30(4): 483-505.
Reviewed by Lynne Chester, Curtin University, Australia L.Chester@curtin.edu.au.

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For Your Information

Capitalism's Crisis through a Marxian Lens

by Rick Wolff

In Marxian terms, the current crisis emerged from the workings of the capitalist class structure. Capitalism's history displays repeated booms and busts punctuated by bubbles. Capitalism's cycles range unpredictably from local, shallow, and short to global, deep, and long. To keep capitalism is to suffer its chronic instability. To deal effectively with capitalism's recurring crises requires changing to a non-capitalist class structure (cont.).

Nafta's Unhappy Anniversary

For both the US and Mexico, Nafta has failed to deliver on its economic promises. It's time for it to be renegotiated
Kevin Gallagher and Timothy Wise
guardian.co.uk, Thursday 1 January 2009 11.34 GMT
In Mexico, the fifteenth birthday is a special time, an ornate coming of age celebration – the quinceañera – complete with dancing and piñatas. On January 1, the North American Free Trade Agreement turns 15, but it does not seem like anyone in Mexico is going to throw any parties for the groundbreaking trade agreement.
http://www.guardian.co.uk/commentisfree/cifamerica/2009/jan/01/nafta-anniversary-us-mexico-trade

Book Review: Can You Spare a Dime?

Robert Skidelsky
New York Review of Books | Friday, December 26, 2008

The Ascent of Money: A Financial History of the World
by Niall Ferguson
Penguin, 442 pp., $29.95

The historian Alan Taylor used to say, mischievously, that the only point of history is history. The idea that one could use it to predict the future, still more to avoid past mistakes, was pure illusion. Niall Ferguson's The Ascent of Money, a history of financial innovation written as a television documentary[1] as well as a book, offers a neat test of Taylor's theory. Ferguson can claim some powers of anticipation. History convinced him in 2006 that the good times could not last "indefinitely." This was an insight to which the Nobel Prize–winning mathematical economists who devised the Black-Scholes formula—the complicated model for pricing share options used by the highly leveraged firm Long-Term Capital Management, which famously crashed in 1998—were oblivious. Their formula persuaded them that a massive sell-off could occur only once in four million years.
http://www.skidelskyr.com/site/article/book-review-can-you-spare-a-dime/

The Progressive Program

Dear PERI Friends & Colleagues,
The Obama administration and the new Congress will soon be debating plans to revive the U.S. economy. To contribute to this debate, a group of progressive economists sponsored by PERI and the New School's Schwartz Center for Economic Policy Analysis have issued a statement of Principles for Economic Recovery and Financial Reconstruction from Progressive Economists, accompanied by a detailed Progressive Program for Economic Recovery and Financial Reconstruction. Both statements are available at www.peri.umass.edu and at the bottom of this document.

These documents argue that a successful economic program must reject the extreme free market and neoliberal policies that contributed to the current economic debacle. They support the Obama administration's call for a massive economic recovery program, but argue that to succeed, this program must focus on raising the incomes and security of the vast majority of Americans who have been sidelined from power in recent decades.
They also reject calls to simply 'hit the re-start button' which would put the economy back on the destructive path that led to this economic disaster. These economists call for an orderly downsizing and restructuring of the bloated financial system so that it serves the needs of the real economy, rather than fueling speculation and fraud. This means that the recovery program must go beyond an economic stimulus package and must fundamentally restructure a number of basic financial and economic institutions.

The Progressive Program develops an interlocking set of initiatives that include: 1) a massive fiscal expansion program centered on aiding state and local governments, keeping people in their homes, creating green jobs and public infrastructure, protecting key industries and instituting government employer-of-last-resort programs; 2) economic policies to end extreme inequality and restore a balance of economic and political power to labor, households and communities; 3) programs to reconstruct, regulate and manage financial institutions so they will serve people's needs and contribute to financial stability; 4) international macroeconomic and financial coordination to make the transition to a fairer and more balanced global growth regime; and 5) a set of comprehensive and open Congressional hearings on restructuring the financial system, along with the rules, institutions and public oversight mechanisms through which it functions.
>> Download "Progressive Program for Economic Recovery and Financial Reconstruction"
>> Download "Principles For Economic Recovery And Financial Reconstruction From Progressive Economists"

For more information, or to set up an interview with one of the statement's authors, please contact:
Debbie Zeidenberg
Political Economy Research Institute
peri@econs.umass.edu  / 413.577.3147

Political Economy Research Institute
Gordon Hall
418 N. Pleasant St.

Ideas that will be alien to a generation of economists

Published: December 31 2008 02:00 | Last updated: December 31 2008 02:00
From Mr Robert Jones.
Sir, Martin Wolf suggests that we all now know of the “Minsky moment” – the point at which a financial mania turns into panic – and that we should follow John Maynard Keynes in questioning “the notion of efficient markets” (“Keynes offers us the best way to think about the financial crisis”, December 24).
Such sentiments will certainly strike a chord with post-Keynesian economists and their students, but in mainstream macroeconomics teaching, such ideas are heretical. They will also seem alien to a generation of economics professionals whose macroeconomics education has been systematically denied exposure to Keynes’s fundamental insights concerning money and uncertainty.
You will find very little coverage of Minsky in the mainstream macroeconomics textbooks or in the syllabuses of the elite institutions of the economics academy. Promoters of such ideas have been excluded to the “heterodox fringes” by the dominance of Chicago New Classicals and Harvard “New Keynesians”, who have insisted on rational expectations models in which money is not a major source of movements in output, except where prices are sticky.
Robert Jones,
Senior Lecturer in Economics,
Nottingham Business School
Copyright The Financial Times Limited 2008

Post-Keynesian critique of financial markets needed

Published: December 31 2008 02:00 | Last updated: December 31 2008 02:00
From Prof Roger Lee.
Sir, Your twin editorials in defence of free markets (”Why the free markets must be defended” and “The year the god of finance failed”, December 27) are consistent with your earlier arguments on the same theme but they continue to involve three all too common and misleading presumptions and so are limited in terms of critique. First, capitalism cannot be reduced to markets. It is far more distinctive and formative than that. Thus, and second, financial markets are not about “money”, as you suggest, but about finance capital, which is rather more significant – economically, socially and politically – than money. And third, financial markets are not merely about exchange: pumping “money from those who have it but do not need it, to those who need it, but do not have it”. The very point of finance capital is precisely that it is very much needed as a means of accumulation by those who possess it. Indeed, perhaps the biggest lesson of the events of 2008 is about the way deregulated markets awash with cheap money encouraged the emergence of “structured finance” – the innovative and highly profitable production by finance capital of complex financial products sold on to capital markets - in the ever-present drive to accumulation.
Markets – all markets – are social constructs. They function in ways shaped by the social relations, such as those of capitalism, that establish and regulate them – whether privately or more publicly. There can be no such thing as a “free market”. Thus the question is not whether, but what kind of regulation. But if, as Martin Wolf suggests (December 24), finding a way out of the current financial crisis necessitates a return to the work of an economist (John Maynard Keynes) who died more than 62 years ago, recent claims about the performance of economics over the past seven years as the university discipline with the highest rating in the 2008 Research Assessment Exercise in the UK look more than a little tarnished.
A thoroughgoing, post-Keynesian critique of the political economy of financial markets is desperately needed just now, but it must emanate from well beyond, as well as from within, academic economics.
Roger Lee,
Professor of Geography,
Queen Mary,
University of London

Copyright The Financial Times Limited 2008

Whose Interests Will Shape Barack Obama’s “Change”?

Radical Change Needs Pressure from Below
By Ismael Hossein-zadeh

Abstract. Barack Obama was elected by the majorities of both the grassroots and the ruling elites. His mandate thus comes both from below, or the left, and above, or the right. Both sides are anxiously echoing his winning slogan of “change.” The question, therefore, is no longer simply change (as the market meltdown has made change an urgent universal demand), but what kind of change? Whose mandates or interests will guide the course of the urgently needed change? The answer, in a nutshell, seems to be dependent on the outcome of the balance of power, or the outcome of the ongoing (though largely submerged) class struggle.
Download the paper.

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