Heterodox Economics Newsletter

Issue 198 June 13, 2016 web pdf Heterodox Economics Directory

In my last editorial I pointed to a great website on the History of Economic Thought (see here), which collects a lot of interesting material, including neat summaries and many original texts. In response to this editorial Rod Hill, University of New Brunswick, pointed me to another no less great site on the history of economic thought, which has originally been founded by Rod Hay and specializes as an archive for original texts. Now I owe these two Rods a big 'thank you' as even a superficial view on this site indicates that it contains a host of treasures for studying issues in the history of economic thought. So be sure to add just another bookmark in your browser after checking out this link, which brings you directly to this awesome site.

Having said that, I can only add that this issue of the Newsletter is, as any issue, no less awesome than the beforementioned site (o.k., maybe a little less...). I hope you'll enjoy it!

All the best,

© public domain

Table of contents

Call for Papers

CasP Conference on "Capital as Power: Broadening the Vista" (Toronto, 2016)

28-30 September, 2016 | York University, Toronto, Canada

The theory of capital as power (CasP) offers a radical alternative to mainstream and Marxist theories of capitalism. It argues that capital symbolizes and quantifies not utility or labour but organized power writ large, and that capitalism is best understood and challenged not as a mode of consumption and production, but as a mode of power. Over the past decade, the Forum on Capital as Power has organized many lectures, speaker series and conferences. Our most recent international gatherings include “Capitalizing Power: The Qualities and Quantities of Accumulation” (2012), “The Capitalist Mode of Power: Past, Present and Future” (2011), and “Crisis of Capital, Crisis of Theory” (2010).

The 2016 conference, to be held at York University on September 28-30, 2015, broadens the vista. With 27 papers on a wide range of topics, presenters extend and deepen CasP research, compare CasP with other approaches and critique CasP’s methods and findings.

Tentative Conference Program is available here (pdf)

The conference is open to everyone and is free to attend.

Annual Conference of the EuroMemo Group: "The European Union: the Threat of Disintegration" (Coimbra, 2016)

15-17 September 2016 | University of Coimbra, Portugal

Organised by the EuroMemo Group and jointly hosted with the Faculty of Economics at the University of Coimbra in Portugal

Conference Theme: The European Union: the Threat of Disintegration

All papers that present an alternative economic perspective on the conference theme 'The European Union: the Threat of Disintegration' are welcome. In particular, we encourage submissions specific to one of the workshops outlined in the programme below.

The programme will be as follows:

Thursday afternoon: The state of the Union

Friday morning: The second day will be dedicated to key themes of EU policy within six different workshops.

Friday afternoon: Plenary on policy proposals from workshops and special plenary 'Disintegration or Refoundation of the European Union?'

Saturday morning: Planning meeting: EuroMemorandum 2017 and other activities

Proposals for papers together with a short abstract (maximum 250 words) should be submitted by 1 July. If possible, please indicate the workshop which the proposal is intended for. If accepted, completed papers should be submitted by 25 August so that they can be read before the conference.

We strongly encourage participants to submit short papers (10-12 pages) and to explicitly address policy implications.

If you would like to participate in the conference and/ or submit a paper proposal, please copy the registration form into an email and reply by the 1 July 2016 to info@euromemo.eu.

Please find the call for papers here (pdf).

Competition & Change: General Call for Papers

Call for Papers for COMPETITION & CHANGE: The Journal of Globalisation, Financialisation and Political Economy

Competition & Change is an international peer-reviewed journal, uniquely featuring theoretical, empirical and policy oriented research that aims to develop an understanding of the causes and consequences of competition and change with respect to globalization, financialization and broader conceptualizations of restructuring capitalist relations. The journal is inter-disciplinary and welcomes contributions from a wide range of social science disciplines, including heterodox economics, political economy, critical research on work, management and organization, economic geography, sociology, development studies and international relations. In particular, we are interested in research and scholarly work that focuses on:

  1. The nature of contemporary capitalism, including its organizational and spatial dynamics and their gendered effects
  2. The drivers, mechanisms, and uneven impacts of globalization and social change
  3. The changing configuration of state-market-civil society relations, including diverse forms of governance, regulation, resistance, and social welfare
  4. The forms, processes and consequences of financialization
  5. Global value chains and production networks, industrial clusters and other organizational forms with new implications for economic, social, and environmental upgrading.
  6. Different forms and disruptive influences of capitalist instability including global civil society, social movements, migration, and climate change.
  7. Industrial structure, nature of competition and performance within and across national/regional economies
  8. How global political economy shapes, and is shaped by, the worlds of work, organization, society, and nature

The journal publishes:

The editors of the journal aim to return an initial decision on all submissions within 12 weeks from the date of submission.

The journal is indexed in SCOPUS and Thomson Reuters ESCI.

Please visit https://mc.manuscriptcentral.com/cach to login and submit your article online or visit the general website of the journal to gather more information.

First Brazilian International Conference of Critical Asian Studies (São Paulo, 2016)

22-25 November, 2016 | University of São Paulo, Brazil

The First Brazilian International Conference of Critical Asian Studies will organize panel sessions as well as short-term study groups on Critical Asian Studies, gathering scholars and researchers from different countries and backgrounds in order to promote intellectual exchange and research innovation.

We kindly accept proposals of oral presentations, individual or organized in panel sessions. Abstracts should be sent until July 10th. The approved proposals will be informed until July 30thand the complete articles should be sent until October 20th. Abstracts are requested to have at most 500 words and the name and filiation of the authors, followed by a short curriculum of, at most, 50 words. Presentations can focus any context related to Asian Studies with a critical methodological approach, indicating in which of the thematic areas it would be inscribed:

Thematic areas:

TA1. Development and Political Economy
Development policies – Theories and programs of local or transnational economies – Technology, Production and Society – Financialization of the economy – Income distribution – Ecossocialism – Political economy of agricultural and industrial productions.

TA2. Political History
Modern and contemporary history of Asian countries – Economic policies and state social policies – Social movements – Revolutions – Transformations of social classes structure and dynamics

TA3. Gender and politics
Gender relations – Feminism – Queer theory – Gender politics and social movements

TA4. Press, media and art
History of press media – Artistic movements and its political aspects – Artistic and cultural production – Press media, internet and political movements

TA5. Geopolitics and Internacional Relations
Asian international political economy – International relations dynamics in contemporary history – International conflicts.

From June 2016 we will open the inscriptions for short-term study groups that will be developed during the conference. Invited professors and specialists will be responsable for coordinating short-term study groups of 6 hours most, divided in two or three meetings, 2 hours each. The aim of these study groups is to grasp the opportunity of the meeting and actually promote intellectual exchange.


To register, please send an email to conferencia.estudos.asiaticos@gmail.com with the subject “registration”, and your name, passport and filiation (if any). The fees are the same for those who are presenting a paper or only attending to the conference and have the pourpose of funding the coffee-breaks that will be served between the sessions.

To ask for more information and to send abstracts or proposals, please write to: conferencia.estudos.asiaticos@gmail.com

International Confederation of Associations for Pluralism in Economics: "Can Pluralism Save Economics?" (ASSA/Chicago, 2017)

5 January, 2017 | Roosevelt University, Chicago, USA

Conference Theme: Can Pluralism Save Economics? Pluralistic Approaches to Teaching and Research in Economics

Call for Papers, Panels and Workshops

Although the global financial crisis of 2007-2009 exposed many of the deficiencies in mainstream economics, there have been few changes in the discipline. The same tired models and approaches continue to dominate research publications and textbooks. This has prompted increasing calls for pluralism in economics, most recently from the International Student Initiative for Pluralism in Economics (www.isipe.net). There has never been a more important time to gather pluralistic economists together to develop robust alternatives and to bolster pluralistic approaches to teaching and research.

The next ICAPE conference will occur on the day before the 2017 ASSA meetings in Chicago from 8AM to 5PM at Roosevelt University in downtown Chicago. Roosevelt is located within an easy walk of the convention hotels. The conference registration fee is $80 ($40 for graduate students/low income).

The main conference theme is a broad one: What do pluralistic economists have to offer students, the discipline and the people of the world to address our pressing economic problems, including inequality, poverty, climate change, macroeconomic instability, financialization, war and conflict, and the inability of mainstream economics to address these issues adequately. We welcome work from all strands of heterodox economic theory, including evolutionary, ecological, complexity, institutional, feminist, Austrian, Marxian, Sraffian, Post-Keynesian, behavioral/psychological, social, radical political economy, critical realism, and general heterodox. We are particularly interested in material from graduate students, sessions on pluralistic teaching, and material on the state of pluralism in economics. And, we are interested in research from any of the perspectives listed above.

ICAPE will also hold a board meeting over lunch at the conference to plan the future of the organization. All member institutions are encouraged to send a representative.


The deadline for submitting proposals is August 1, 2016. We welcome proposals for individual papers, full sessions, teaching workshops, and roundtables. Proposals for complete sessions or workshops with a coherent theme are particularly encouraged, especially those that are pluralistic in nature, reflecting multiple perspectives in the discipline. Those who make a submission will be informed whether their proposal has been accepted by the end of August 2016.

For individual papers, please include: Your name, your title and affiliation, an abstract of 300 words or less, 3 keywords, and contact information (address, phone, email). For full sessions of papers, roundtables, workshops, and other formats, please include the above for each contribution, as well as a title for the session, the names of the chair and discussants, and the name and contact information of the session organizer.

All proposals should be submitted by email to Geoff.Schneider@Bucknell.edu as a Word document. Your email must include “ICAPE Submission”, the corresponding author’s last name, and a brief title in the subject line (e.g., “ICAPE Submission, Schneider, Teaching Roundtable”). Please also title the Word document containing your submission in a similar fashion.

Authors who present at the ICAPE conference are encouraged to submit their papers to the American Review of Political Economy (http://www.arpejournal.com/submissions/), edited by Michael Murray and Nikolaos Karagiannis. Papers from the conference will be published in a special issue of the ARPE.

Please address your questions to Geoff Schneider (Geoff.Schneider@Bucknell.edu), Acting Executive Director of ICAPE.

International Labour Process Conference "Reconnecting Work and Political Economy" (Sheffield, 2017)

4-6 April, 2017 | University of Sheffield, UK

Pre-Call for Papers

The theme of the 2017 conference is ‘Reconnecting work and Political Economy’. The turbulence unleashed by the financial crisis of 2008 has led to increased interest in the relationships between work and employment and the wider economy, as reflected in the recent concern with exploring forms and consequences of ‘financialisation’ and efforts to establish links between labour process analysis and the comparative analysis of institutions (Vidal and Hauptmeier, 2014). The growing interest in ‘global value chains’ (Newsome et al., 2015) has also encouraged greater attention to be paid to the contemporary global economy, while simultaneously prompting a reconsideration of the meaning, status and analytical potential of core labour process concepts and the connections between production, distribution and exchange.

Building on these developments, the aim of the conference will be to extend and deepen connections between political economy research and labour process analysis. We encourage papers that seek to develop inter-disciplinary linkages through their empirical, conceptual or theoretical content.

The full call for papers, along with the call for special streams and the dates for submission, to follow shortly. Please consult the ILPC website in early July http://www.ilpc.org.uk.

If you wish to discuss a possible special stream for next year’s conference please contact Dr. Kirsty Newsome, at the University of Sheffield (k.j.newsome@sheffield.ac.uk).

Host organisation:

The conference will be hosted jointly by the Work, Organisation and Employment Relations Research Centre (WOERRC) and the Sheffield Political Economy Research Institute (SPERI), both at the University of Sheffield.

WOERRC comprises researchers from the Management School and the Faculty of Social Sciences. The aim of the centre is to generate and disseminate high-quality research that has the potential to inform and shape academic debates and influence policy and practice. https://www.sheffield.ac.uk/woerrc/about

SPERI aims to bring together leading international researchers, policy-makers, journalists and opinion formers to develop new ways of thinking about the economic and political challenges posed for the whole world by the current combination of financial crisis, shifting economic power and environmental threat. http://speri.dept.shef.ac.uk/about/

Roundtable academic discussion on the topic: Paradigm Works in the Modern Discourse of Economic Theory (Kyiv, 2016)

October 6 – 7, 2016 | Taras Shevchenko National University of Kyiv, Ukraine

We invite you to take part in the roundtable academic discussion on the topic:

Paradigm Works in the Modern Discourse of Economic Theory devoted to the 240th anniversary of A. Smith's "The Wealth of Nations" and the anniversary of J. M. Keynes's "The General Theory”.

The discussion is encouraged in the following areas:

Participants: scholars, teachers, graduate and undergraduate students and all interested parties.

The roundtable discussion papers will be published in the form of an electronic abstracts at the website of the Faculty of Economics, Taras Shevchenko National University of Kyiv (Ukraine).

Participants, who are unable to attend the roundtable, are welcome to send abstracts to the email address of the Organizing Committee: conf_econom_teoriya@ukr.net.

Deadline for papers: September 10, 2016.

Requirements for abstracts and registration are available here (pdf).

Satellite Meeting of the Conference on Complex Systems (Amsterdam, 2016)

19-22 September, 2016​ | Amsterdam, Netherlands

Theme: Complex Economic Systems and the Role of Institutions: Evolutionary, Institutional, and Complexity Perspectives



After hundreds of years of research in the field of economic systems, after the development of sophisticated and intricate statistical tools for the analysis of the same, real economic systems continue to surprise us. It is when accurate predictions would be most critically needed - in the context of crises and sudden changes - that they seem to continue to escape us. The reason is, of course, the inherent complexity of these systems which does not allow abstracting from structural characteristics such as institutions without damaging the basic mechanisms.

Much important work has been done - especially in recent years - by pluralist branches of economics to enable us to model and develop a deeper understanding of those systems. Starting from original institutionalism, economic sociology, innovation economics, and evolutionary economics the arc stretches to agent-based simulation in economics, to economic complexity, and to many other fields of endeavor. Newer developments have been greatly helped by the enormous advances in the field of complex systems, particularly complex networks and agent-based modeling of complex systems. None of this would have been possible without interdisciplinary exchange between complex systems and (pluralist) theoretical economics perspectives.

The continued interdisciplinary exchange between complexity science on the one hand and institutional and evolutionary economics on the other is therefore of the utmost importance for both sides.


The satellite meeting shall address topics including (but not limited to):

The satellite thus aims at bringing together scholars from different fields and backgrounds to constructively exchange ideas about actual subjects of research in complexity economics. We expect the different contributions to be complementary and to encourage continuous collaboration among participants. Given the small number of interdisciplinary conferences, in particular transcending the divide between social and natural sciences and on the topic of institutions, the satellite will be an interesting option to consider for many researchers. Abstracts of 300-750 words should be submitted via the submission website.

Further information can be found at the conference website.

The Journal of Labor & Society: Special Issue on "Rethinking Working Class Self-Organization Beyond: Unions, Parties, NGOs, and the State"

The Journal of Labor & Society, in it’s 21st year, is issuing a call for the special issue “Workers Beyond Unions, Parties, NGOs, and the State?” to rethink how workers organize and struggle. Co-edited by Robert Ovetz, Ph.D., a political science lecturer San Jose State University, and Gifford Hartman, an independent San Francisco, USA based scholar, the issue seeks submissions from scholars, organizers, and activists critically reexamining the multiplicity of forms of class struggle outside of and inside unions, parties, NGOs, and the state happening around the world.

The rapidly declining power and influence of unions are source of great concern. Their coninuous decline have presented both a threat and an opportunity. As the number of contingent workers explodes and union density worldwide remains stagnant or declines, the effort of workers to self-organize continues to grow. The absence or weakness of unions does not mean the absence of class struggle. Freed of the contract, workers are engaging in short, sharp disruptive direct action and strikes to shift the balance of power on the shopfloor and in the community. But these actions are often ad hoc, locally focused and unsustainable.

Despite these limitations, workers are finding new ways to self-organize on the shopfloor and circulate their efforts throughout the social factory. The composition of capital’s power over the past 40 years has been a continual effort to respond to the dynamic recomposition of working class struggle.

This issue would explore what working class recomposition looks like by examing case studies of efforts to devise new tactics and strategies of self-organization. Ideally, this issue will include critical analyses of a diversity of self-organized workers struggles from several critical regions. Among the struggles that could be potentially covered would be the following:

Why This Issue is Important

The focus of this issue of the Journal of Labor & Society will be on worker organizing beyond unions, parties and NGOs that channel and constrain organizing over the “contract” and into the state through advocacy, elections and reform. These examples above are rich with several vital lessons for worker self-organization we wish to see explored in this issue. First, workers are contesting the organizational dominance of unions by bypassing and challenging the traditional model of unions limited to bargaining over wages, hours, grievances, working conditions, and labor law. Second, these struggles are also transcending parties, NGOs, and the state at a time of growing widespread resistance to the imposition of neo-liberal policy by labor, social democratic and left leaning parties backed by NGOs, unions, and ruling elites in Europe and Latin America. Such institutions divert conflict by harnessing workers to the state and capitalism thus diluting the power of self-organized workers. (S. Marcos, R. Zibechi, M. Glaberman, G. Esteva, and G. Rawick)

Drawing on the autonomous marxist, anarchist, and syndicalist critiques of unions and the self-organization of workers (V. Burgmann, S. Lynd, H. Cleaver, and P. Linebaugh) this issue would explore how workers are devising new forms of organizing to confront capital at work and throughout the social factory (S. Federici, S. James, M. Dalla Costa, and M. Tronti) signaling a turning point in what it means to organize a “union.”

The debate over whether unions should follow the “service” or “member organizing” model or through parties, NGOs or the state is moot. Workers are transforming their organizing into a global uprising that continues to disrupt the global accumulation and circulation of capital by transforming the struggle over work into a struggle to circulate class power into all spheres of life. As capital seeks to colonize all aspects of life so has working class struggle expanded to meet this threat. The question this issue seeks to explore is what is the form of the currently emerging recomposition of working class power?

Publication Plans


The Public Sector: Special Issue on "Commons Reloaded: Potentials and Challenges in Urban and Regional Development"

Guest editors: Alexander Hamedinger (Assistant Professor, Centre of Sociology, Department of Spatial Planning) and Lukas Franta (Assistant, Centre of Sociology, Department of Spatial Planning)

Issue on "Commons Reloaded: Potentials and Challenges in Urban and Regional Development"

Papers should address some of the following questions in the context of commons in housing, public space or local/regional food systems:

Abstracts (max. 500 words) should be sent to: urbancommons@oes.ifip.tuwien.ac.at until August 9, 2016. Full papers will be due Dec 9, 2016. Abstracts should include research questions, theoretical background, used methods and expected re­sults. The selection of the papers for publication will be done by the editors of this special issue: Alexander Hamedinger (Assistant Professor, Centre of Sociology, Department of Spatial Planning) and Lukas Franta (Assistant, Centre of Sociology, Department of Spatial Planning). Full papers (4.000-8.000 words) will under­go a double-blind peer review process.

‘The Public Sector’ (http://oes.tuwien.ac.at) is an open access e-journal published by the chair of Public Fi­nance and Infrastructure Policy at the Department of Spatial Planning, TU Wien.

Call for Participants

Club of Rome project team on reforming economics (Vienna, 2016)

9-11 September, 2016 | Feistritz, Austria

Today’s economic system is failing us. It is the cause of climate change, resource destruction and rising inequality. The idea that the free market works for everyone is a fantasy.

It is time to Reclaim Economics!

The Club of Rome wants to inspire and support students, activists, intellectuals, artists, video-makers, teachers, professors and many others to help us shift the teaching of economics away from the mathematical pseudo-science it has become. The well-being of people and the sustainability of the planet need to lie at the core of all economic thinking.

We want to

The project will kick off on 9-11 September 2016 at the castle Burg Feistritz, 90 km from Vienna, Austria.

Want to be part of the team?

Are you

As part of our campaign team you will have the opportunity to play a central role in changing the way economics is taught and understood. You will also have regular contact with Club of Rome members and other internationally renowned experts.

How to apply

Send at reclaim@clubofrome.org with “application” in the subject line:

The closing date for applications is 30th June 2016. Best to apply early! Applications are accepted on a rolling basis.

IIPPE Training Workshop: "Imperialism Today" (London, 2016)

Monday 27 June, 2016 | SOAS, London, UK

The International Initiative for Promoting Political Economy (IIPPE) announces a one-day training workshop on imperialism, with the following speakers: Lucia Pradella, Tony Norfield, John Smith and Michael Roberts.

Venue: London: SOAS, (Vernon Square campus), room V111

A small charge of £5 per attendee will be levied to cover costs.

Notes on the speakers

Lucia Pradella is the author of Globalization and the Critique of Political Economy: New Insights from Marx’s Writings, London: Routledge, 2014, and of L’Attualità del Capitale, Padua, Il Poligrafo, 2010; and is the editor (with Thomas Marois) of Polarizing Development, London: Pluto Press, 2014

Tony Norfield is the author of The City: London and the Global Power of Finance, London: Verso, 2016.

John Smith is the author of Imperialism in the Twenty-First Century: Globalization, Super-Exploitation, and Capitalism’s Final Crisis, New York: Monthly Review Press, 2016 [Winner of the first Paul A. Baran-Paul M. Sweezy Memorial Award].

Michael Roberts is the author of The Long Depression, London: Haymarket Books, forthcoming 2016; Essays on Inequality, London: CreateSpace Independent Publishing Platform, 2014; The Great Recession, London: lulu.com, 2009.

How to register:

  1. Send an email to Simon Mohun <s.mohun@qmul.ac.uk> saying that you wish to attend.
  2. Bring £5 with you on 27 June towards expenses.

Job Postings

Siena College, Italy

Job Title: Visiting Position

The Economics Department at Siena College is accepting applications for a one-year visiting position beginning fall 2016. The position is open, but fields in political economy, open-economy macro, and history of economic thought are of particular interest. Teaching experience is expected. A completed PhD is preferred, though we will consider ABDs. Siena College seeks applicants with a passion for innovative undergraduate teaching, including heterodox approaches, and applied and interdisciplinary work. Domestic and international field experiences and mentoring undergraduate research are strengths. The teaching load is 4/4, split between 3 sections of principles and 1 upper-level elective. Applications should include a cover letter, c.v., teaching portfolio, and names and contact information for 3 references.

Please submit the application packet as a single PDF to Aaron Pacitti at apacitti@siena.edu. This position will remain open until filled.

University of Sydney, Australia

A Scholarly Teaching Fellow position is available in the Department of Political Economy, University of Sydney.

The position is being offered to early career academics able to contribute to one or more of the following subject areas: core concepts in political economy, economic theory, economic development, and global political economy. You will be expected to show evidence of a research strategy that will eventuate in publications of international significance, and a commitment to excellence in teaching political economy.
In addition, the successful candidate should be able to contribute to the core teaching of units at both the undergraduate and postgraduate level.

CLOSING DATE: 11:30pm 19 June 2016

Further details here.


ESHET Academic Award Winners 2016

Please find hereafter the 2016 ESHET (http://www.eshet.net/) Awards announced at the 2016 ESHET Conference in Paris (France), 27 May 2016.

1) Gilles Dostaler Award

2) Best Article Award

3) Best Book Award

4) Young Researcher Award

5) Honorary Member


Accounting, Organizations and Society, 51

Ann G. Backof, E. Michael Bamber, Tina D. Carpenter: Do auditor judgment frameworks help in constraining aggressive reporting? Evidence under more precise and less precise accounting standards

David S. Bedford, Teemu Malmi, Mikko Sandelin: Management control effectiveness and strategy: An empirical analysis of packages and systems

Habib Mahama, Wai Fong Chua: A study of alliance dynamics, accounting and trust-as-practice

Chris Poullaos: Canada vs Britain in the imperial accountancy arena, 1908–1912: Symbolic capital, symbolic violence

Jasmijn C. Bol, Stephan Kramer, Victor S. Maas: How control system design affects performance evaluation compression: The role of information accuracy and outcome transparency

Annals of Public and Cooperative Economics, 87 (2)








Brazilian Journal of Political Economy, 36 (2)

Luiz Carlos Bresser-Pereira: Reflexões sobre o Novo Desenvolvimentismo e o Desenvolvimentismo Clássico

Alexandre Guedes Viana e Patrícia Helena F. Cunha: The Swedish model: an alternative to macroeconomic policy

Tulio Chiarini: A inércia estrutural da base produtiva brasileira: o IDE e a transferência internacional de tecnologia

Norma Breda dos Santos: Latin American countries and the establishment of the multilateral trading system: the Havana Conference (1947-1948)

Gonzalo Caballero e David Soto-Oñate: Why transaction costs are so relevant in political governance? A new institutional survey

Fernando Ribeiro e Nelson Mendes Cantarino: Da fisiologia à economia política: o itinerário intelectual de Quesnay em direção ao Tableau Économique

Leandro Vizin Villarino: A estrutura e o mercado: uma análise comparativa do Plano Trienal e do PAEG

Viljar Veebel e Andra Nam: Testing the models of transition in practice: the case-studies of Estonia and Slovenia

Jacob Kleinow, Mario Garcia Molina e Andreas Horsch: Systemically important financial institutions in Latin America - A Primer

John Asimakopolos: A radical proposal for direct democracy in large societies

Capitalism Nature Socialism, 27 (2)

House Organ

Jules Boykoff & Gilmar Mascarenhas: The Olympics, Sustainability, and Greenwashing: The Rio 2016 Summer Games

Movements and Alternatives

Laura Pulido, Ellen Kohl & Nicole-Marie Cotton: State Regulation and Environmental Justice: The Need for Strategy Reassessment

Ecosocialist Thought

Enric Tello: Manuel Sacristán at the Onset of Ecological Marxism after Stalinism

Qingzhi Huan: Socialist Eco-civilization and Social-Ecological Transformation

Animals and Places

Marco Armiero & Anna Fava: Of Humans, Sheep, and Dioxin: A History of Contamination and Transformation in Acerra, Italy

Contradictions and Struggles

Lauren Griffin: Trouble in Paradise: The Treadmill of Production and Caribbean Tourism


Brandon Shimoda: Incarceration

Book Review Round Table

Judith Watson, Ted Benton, Kathryn Dean, Pat Devine, Jane Hindley, Richard Kuper, Gordon Peters, Graham Sharp & Peter Dickens: Disentangling Capital’s Web

Film Review Essay

Peter Dickens: “Sciencing the Sh*t” Out of a Crisis

Competition & Change, 20 (3)

Paul Stewart, Adam Mrozowicki, Andy Danford, and Ken Murphy: Lean as ideology and practice: A comparative study of the impact of lean production on working life in automotive manufacturing in the United Kingdom and Poland

Matilde Massó: The effects of government debt market financialization: The case of Spain

Gordon L Clark and Ashby HB Monk: Ambiguity, contract, and innovation in financial institutions

Ecological Economics, 128

Sandra Nogué, Peter R. Long, Amy E. Eycott, Lea de Nascimento, José María Fernández-Palacios, Gillian Petrokofsky, Vigdis Vandvik, Kathy J. Willis: Pollination service delivery for European crops: Challenges and opportunities

Stephen Harrell, Theresa Beltramo, Garrick Blalock, Juliet Kyayesimira, David I. Levine, Andrew M. Simons: What is a “meal”? Comparative methods of auditing carbon offset compliance for fuel-efficient cookstoves

John C. Whitehead: Plausible responsiveness to scope in contingent valuation

Maria Joutsenvirta: A practice approach to the institutionalization of economic degrowth

Ann E. Speers, Elena Y. Besedin, James E. Palardy, Chris Moore: Impacts of climate change and ocean acidification on coral reef fisheries: An integrated ecological–economic model

Daniel Gregg, John Rolfe: The value of environment across efficiency quantiles: A conditional regression quantiles analysis of rangelands beef production in north Eastern Australia

Henrik Scharin, Siv Ericsdotter, Michael Elliott, R. Kerry Turner, Susa Niiranen, Thorsten Blenckner, Kari Hyytiäinen, Lassi Ahlvik, Heini Ahtiainen, Janne Artell, Linus Hasselström, Tore Söderqvist, Johan Rockström: Processes for the sustainable stewardship of marine environments

Shyamani D. Siriwardena, Kevin J. Boyle, Thomas P. Holmes, P. Eric Wiseman: The implicit value of tree cover in the U.S.: A meta-analysis of hedonic property value studies

Xinkuo Xu, Liyan Han, Xiaofeng Lv: Household carbon inequality in urban China, its sources and determinants

Zeenat Kotval-K, Igor Vojnovic: A socio-ecological exploration into urban form: The environmental costs of travel

Miles H. Johe, Navjot Bhullar: To buy or not to buy: The roles of self-identity, attitudes, perceived behavioral control and norms in organic consumerism

Lawrence W.C. Lai, K.W. Chau, Frank T. Lorne: The rise and fall of the sand monopoly in colonial Hong Kong

María Pérez-Urdiales, María Ángeles García-Valiñas: Efficient water-using technologies and habits: A disaggregated analysis in the water sector

David Soto, Juan Infante-Amate, Gloria I. Guzmán, Antonio Cid, Eduardo Aguilera, Roberto García, Manuel González de Molina: The social metabolism of biomass in Spain, 1900–2008: From food to feed-oriented changes in the agro-ecosystems

Lirong Liu, Brian Piper: Predicting the total economic impacts of invasive species: The case of B. rubostriata (red streaked leafhopper)

Shuijun Peng, Wencheng Zhang, Chuanwang Sun: ‘Environmental load displacement’ from the North to the South: A consumption-based perspective with a focus on China

Andreas Thiel, Christian Schleyer, Jochen Hinkel, Maja Schlüter, Konrad Hagedorn, Sandy Bisaro, Ihtiyor Bobojonov, Ahmad Hamidov: Transferring Williamson’s discriminating alignment to the analysis of environmental governance of social-ecological interdependence

Krzysztof Maczka, Piotr Matczak, Agata Pietrzyk-Kaszyńska, Marcin Rechciński, Agnieszka Olszańska, Joanna Cent, Małgorzata Grodzińska-Jurczak: Application of the ecosystem services concept in environmental policy—A systematic empirical analysis of national level policy documents in Poland

Nina Eisenmenger, Dominik Wiedenhofer, Anke Schaffartzik, Stefan Giljum, Martin Bruckner, Heinz Schandl, Thomas O. Wiedmann, Manfred Lenzen, Arnold Tukker, Arjan Koning: Consumption-based material flow indicators — Comparing six ways of calculating the Austrian raw material consumption providing six results

Luz Elba Torres-Guevara, Achim Schlüter: External validity of artefactual field experiments: A study on cooperation, impatience and sustainability in an artisanal fishery in Colombia

Shanna Grafeld, Kirsten Oleson, Michele Barnes, Marcus Peng, Catherine Chan, Mariska Weijerman: Divers’ willingness to pay for improved coral reef conditions in Guam: An untapped source of funding for management and conservation?

Rong-Gang Cong, Johan Ekroos, Henrik G. Smith, Mark V. Brady: Optimizing intermediate ecosystem services in agriculture using rules based on landscape composition and configuration indices

Richard T. Woodward, David A. Newburn, Mariano Mezzatesta: Additionality and reverse crowding out for pollution offsets in water quality trading

Tamara Rodríguez-Ortega, Alberto Bernués, Frode Alfnes: Psychographic profile affects willingness to pay for ecosystem services provided by Mediterranean high nature value farmland

Alessandro Antimiani, Valeria Costantini, Onno Kuik, Elena Paglialunga: Mitigation of adverse effects on competitiveness and leakage of unilateral EU climate policy: An assessment of policy instruments

Ramzi Mabsout: Response to Polzin, Rauschmayer, Lilley, and Whitehead (2015) What could„mindful capabilities’ be? A comment on Mabsout“s ’mindful capability’

European Journal of Economics and Economic Policies: Intervention, 13 (1)

Louis-Philippe Rochon: Forum: Interview with Edward J. Nell: ‘A great deal of neoclassical theory is set in cloud-cuckoo-land’

Leanne Ussher: International monetary policy with commodity buffer stocks

Stefan Ederer and Torsten Niechoj: Editorial to the special forum

Philip Arestis: Can the Report of the ‘Five Presidents’ save the euro?

Andrea Terzi: A T-shirt model of savings, debt, and private spending: lessons for the euro area

Achim Truger: Reviving fiscal policy in Europe: towards an implementation of the golden rule of public investment

Jörg Bibow: Making the euro viable: the Euro Treasury Plan

Werner Raza, Bernhard Tröster and Rudi von Arnim: The blind spots of trade impact assessment: macroeconomic adjustment costs and the social costs of regulatory change

Reiner Franke and Boyan Yanovski: On the long-run equilibrium value of Tobin's average Q

Sebastian Leitner: Drivers of wealth inequality in euro area countries: the effect of inheritance and gifts on household gross and net wealth distribution analysed by applying the Shapley value approach to decomposition

International Journal of Pluralism and Economics Education, 7 (1)

Benjamin Balak: A pluralistic and gamified senior seminar in economics: capstone to a heterodox undergraduate liberal arts economics curriculum

Charles J. Whalen: Post-Keynesian economics: a pluralistic alternative to conventional economics

Hee-Young Shin: Marx-Keynes on involuntary unemployment and alternative labour market indicators

Amelia Correa; Romar Correa: Asset-based reserve requirements

Arturo Hermann: The Studies in Social Economics of Léon Walras and his far-reaching critique of laissez faire

Patrick R. Woock, Yun Fei and Lu Wei: Transnational entrepreneurship: factors impacting developed to developing entrepreneur speed to market

Journal of Australian Political Economy, 77

​Erik Olin Wright: How to be an Anti-Capitalist for the 21st Century

Yanis Varoufakis: Creditors Uninterested in Getting Their Money Back: Dissolving the Eurozone Paradox

Dick Bryan: ​Navigating in a Fog: Plotting a Marxist Political Economy

Tom Bramble: ​The Coalition Economic Reform Agenda in the Aftermath of the Mining Boom

Renata Ribeiro Ferreira: ​Stepping Stones to an Exclusionary Model of Home Ownership in Australia

Patrick Brownlee: Global Capital’s Lieutenants: Australia’s Skilled Migrant Intake & the Rise of Global Value Chain Production

Godofredo Ramizo Jr.: Industrial Policy: A Survey of Institutional Challenges

Metroeconomica, 67 (3)

Arrigo Opocher, Ian Steedman: Recurrence: A Neglected Aspect of the Sraffian Critique of Marginalism

Christian Bidard: On Transferable Machines

Reiner Franke: A Supplementary Note on Professor Hein’s (2013) Version of A Kaleckian Debt Accumulation

Adem Y. Elveren, Sara Hsu: Military Expenditures and Profit Rates: Evidence from OECD Countries

Riccardo Magnani: Is an Increase in the Minimum Retirement Age Always Desirable? The Case of Notional Defined Contribution Systems

Linus Mattauch, Ottmar Edenhofer, David Klenert, Sophie Bénard: Distributional Effects of Public Investment when Wealth and Classes are Back

Organizacija: Journal of Management, Informatics and Human Resources, 49 (2)

Olaf Kranz, Thomas Steger, Ronald Hartz: The Employee as the Unknown Actor? A Discourse Analysis of the Employee Share Ownership Debate with Special Emphasis on Central and Eastern Europe

Ricardo B. Machado: The Determinants of Employee Ownership Plan Implementation in EU Countries – the Quest for Economic Democracy: a First Look at the Evidence

Mitja Stefancic: Are Cooperative Banks Better Equipped to Weather Financial Crisis than their Commercial Counterparts? Evidence from the Italian Banking Sector before and during the Credit Crisis

Andrej Srakar, Rok Hren, Valentina Prevolnik Rupnik: Health Services Utilization in Older Europeans: an Empirical Study

Aleksandar Marković, Sava Čavoški, Andrej Novović: Analysis of Interactions of Key Stakeholders on B2C e-Markets - Agent Based Modelling and Simulation Approach

Brigita Gajšek, Jure Kovač: Key Factors for the Successful Operation of Clusters: The Case for Slovenia

Review of International Political Economy, 23 (2)

Duane Swank: The new political economy of taxation in the developing world

Laura Seelkopf, Hanna Lierse & Carina Schmitt: Trade liberalization and the global expansion of modern taxes

Quan Li: Fiscal decentralization and tax incentives in the developing world

Ida Bastiaens & Nita Rudra: Trade liberalization and the challenges of revenue mobilization: can international financial institutions make a difference?

Philipp Genschel, Hanna Lierse & Laura Seelkopf: Dictators don't compete: autocracy, democracy, and tax competition

Philipp Genschel & Laura Seelkopf: Did they learn to tax? Taxation trends outside the OECD

Review of Radical Political Economics, 48 (2)

Samba Diop: Minsky’s Analysis of Capitalist Development: A Critical Assessment and Perspectives

Anneleen Kenis and Matthias Lievens: Greening the Economy or Economizing the Green Project? When Environmental Concerns Are Turned into a Means to Save the Market

Magdalena Kuchler and Johan Hedrén: Bioenergy as an Empty Signifier

Elif Karacimen: Consumer Credit as an Aspect of Everyday Life of Workers in Developing Countries: Evidence from Turkey

Jose Raimundo Trindade, Paul Cooney, and Wesley Pereira de Oliveira: Industrial Trajectory and Economic Development: Dilemma of the Re-primarization of the Brazilian Economy

Hyeng-Joon Park: Korea’s Post-1997 Restructuring: An Analysis of Capital as Power

Charles Reitz: Accounting for Inequality: Questioning Piketty on National Income Accounts and the Capital-Labor Split

The Economic and Labour Relations Review, 27 (2): Symposium on Permanent Productivity Crisis

Symposium: "Permanent Productivity Crisis - the Productivity Commission’s role in economic and social policy in Australia"

Keynote Article

Ken Coutts and Graham Gudgin: The macroeconomic impact of liberal economic policies in the UK


Barbara Pocock: Holding up half the sky? Women at work in the 21st century

Symposium Articles

David Peetz: The Productivity Commission and industrial relations reform

Evan Jones: Australian Trade Liberalisation Policy: The Industries Assistance Commission and the Productivity Commission

Robert Dalitz: Innovation and growth: The Australian Productivity Commission’s policy void?

Tom Barnes, Joshua M Roose, Lisa Heap, and Bryan S Turner: Employment, spillovers and ‘decent work’: Challenging the Productivity Commission’s auto industry narrative

Non-Symposium Articles

Michele Ford and Kumiko Kawashima: Regulatory approaches to managing skilled migration: Indonesian nurses in Japan

Mohammad Zulfan Tadjoeddin: Earnings, productivity and inequality in Indonesia

Books and Book Series

BITS of Belonging: Information Technology, Water, and Neoliberal Governance in India

By Simanti Dasgupta | 2015, Temple University Press

India's global success in the Information Technology industry has also prompted the growth of neoliberalism and the re-emergence of the middle class in contemporary urban areas, such as Bangalore. In her significant study, BITS of Belonging, Simanti Dasgupta shows that this economic shift produces new forms of social inequality while reinforcing older ones. She investigates this economic disparity by looking at IT and water privatization to explain how these otherwise unrelated domains correspond to our thinking about citizenship, governance, and belonging. Dasgupta's ethnographic study shows how work and human processes in the IT industry intertwine to meet the market stipulations of the global economy. Meanwhile, in the recasting of water from a public good to a commodity, the middle class insists on a governance and citizenship model based upon market participation. Dasgupta provides a critical analysis of the grassroots activism involved in a contested water project where different classes lay their divergent claims to the city.

Link to the book is available here (discount with promotion code "CSL15BITS").

Capitalism's Crisis Deepens: Essays on the Global Economic Meltdown

By Richard D. Wolff | 2016, Haymarket Books

While most mainstream commentators view the crisis that provoked the Great Recession as having passed, these essays from Richard Wolff paint a far less rosy picture. Drawing attention to the extreme downturn in most of capitalism's old centers, the unequal growth in the its new centers, and the resurgence of a global speculative bubble, Wolff—in his uniquely accessible style—makes the case that the crisis should be grasped not as a passing moment but as an evolving stage in capitalism's history.

Link to the book is available here.

Economics and Power: A Marxist critique

In the economic debate, power is defined and studied mainly as an interpersonal relation occurring out of perfect competition. This is a consequence of the combination of methodological individualism and the assumption of competition as a natural and everlasting coordinating mechanism, operating without any sort of coercion. This methodology, however, is not adequate to analyze the forms of social coercion that characterize capitalism.

Economics and Power criticizes the main theories of power developed in economic literature, analyzing ultraliberal contractualism to radical political economics, and ultimately suggesting a Marxist conception of power and coercion in capitalism. Palermo’s ontological argument is rooted in the philosophy of ‘critical realism’.This unique volume presents his main finding as being that the essential coercive mechanism of capitalism is competition. Capitalist power is not caused by a lack of competition, but by the central role it plays in this mode of production. Following this, the chapters reconstruct a Marxian conception of power where it is analyzed as a social relation and argues that perfect competition does in fact exist under the disguise of capitalist power. This book criticizes the construct of power and the underlying ideas surrounding perfect competition.

This book is of interest to those who study political economy, as well as economic theory and philosophy.

Link to the book is available here.

Economics in the 21st Century: A Critical Perspective

By Robert Chernomas and Ian Hudson | 2016, University of Toronto Press

Economics has always been nicknamed the “dismal science,” but today the field seems a little more dismal than usual as governments, social movements, and even students complain that the discipline is failing to make sense of the major economic problems of the day.

In Economics in the Twenty-First Century, Robert Chernomas and Ian Hudson demonstrate how today’s top young economists continue to lead the field in the wrong direction. The recent winners of the John Bates Clark medal, economics’s “baby Nobel,” have won that award for studying important issues such as economic development, income inequality, crime, and health. Examining their research, Chernomas and Hudson show that this work focuses on individual choice, ignores the systematic role of power in the economic system, and leads to solutions that are of limited effectiveness at best and harmful at worst.

An accessible summary of the latest debates in economics, Economics in the Twenty-First Century takes on what is missing from mainstream economics, why it matters, and how the discipline can better address the key concerns of our era.

Link to the book is available here.

Global Capitalism and the Crisis of Democracy

By Jerry Harris | 2016, Clarity Press

Democracy is in crisis, from the streets of Ferguson to the struggle in Greece. Throughout the world millions suffer under neoliberalism and austerity but are unable to force their governments to address their needs. Fundamentally, democracy is about the relationships between the state, markets and civil society. Attempts to artificially repress the functions of any of these institutions result in political, social and economic problems that lead to irresolvable contradictions and eventual failure. This book undertakes the examination of capitalist democracy, globalization, and the emergence of a transnational capitalist class needed to develop a strategy for implementing democracy beyond its current impasse.

Link to the book is available here.

Neoliberalism: The Key Concepts

Neoliberalism: The Key Concepts provides a critical guide to a vocabulary that has become globally dominant over the past forty years. The language of neoliberalism both constructs and expresses a particular vision of economics, politics, and everyday life. Some find this vision to be appealing, but many others find the contents and implications of neoliberalism to be alarming.Despite the popularity of these concepts, they often remain confusing, the product of contested histories, meanings, and practices. In an accessible way, this interdisciplinary resource explores and dissects key terms such as: Capitalism; Choice; Competition; Entrepreneurship; Finance; Flexibility; Freedom; Governance; Market; Reform; Stakeholder; State.

Complete with an introductory essay, cross-referencing, and an extensive bibliography, this book provides a unique and insightful introduction to the study of neoliberalism in all its forms and disguises.

Link to the book is available here.

Socialist Optimism: An Alternative Political Economy for the Twenty-First Century

By Paul Auerbach | 2016, Palgrave Macmillan

Paul Auerbach’s Socialist Optimism offers an alternative political economy for the twenty-first century. Present-day capitalism has generated growing inequality of income and wealth, persistent high levels of unemployment and ever-diminishing prospects for young people. But in the absence of a positive vision of how society and the economy might develop in the future, the present trajectory of capitalism will never be derailed, no matter how acute the critique of present-day developments.

The detailed blueprint presented here focuses upon the education and upbringing of children in the context of social equality and household security. It yields a well-defined path to human development and liberation, as well as democratic control of working life and public affairs. Socialism as human development gives a unity and direction to progressive policies that are otherwise seen to be a form of pragmatic tinkering in the context of a pervasive capitalist reality.

Link to the book is available here.

The Financialization of Housing: A political economy approach

Due to the financialization of housing in today’s market, housing risks are increasingly becoming financial risks. Financialization refers to the increasing dominance of financial actors, markets, practices, measurements and narratives. It also refers to the resulting structural transformation of economies, firms, states and households. This book asserts the centrality of housing to the contemporary capitalist political economy and places housing at the centre of the financialization debate.

A global wall of money is looking for High-Quality Collateral (HQC) investments, and housing is one of the few asset classes considered HQC. This explains why housing is increasingly becoming financialized, but it does not explain its timing, politics and geography. Presenting a diverse range of case studies from the US, the UK, the Netherlands, Germany, Italy and Spain, the chapters in this book include coverage of the role of the state as the driver of financialization processes, and the part played by local and national histories and institutions. This cutting edge volume will pave the way for future research in the area.

Where housing used to be something "local" or "national", the two-way coupling of housing to finance has been one crucial element in the recent crisis. It is time to reconsider the financialization of both homeownership and social housing. This book will be of interest to those who study international economics, economic geography and financialization.

Link to the book is available here.

Heterodox Graduate Programs, Scholarships and Grants

Master in History of Economic Thought, Philosophy of economics and Socioeconomics in Lyon

The online registration for our master in the History of Economic Thought/ Philosophy of economics and Socioeconomics at the University of Lyon 2 (France) will be open from now and until August 20, to start the courses September 19, 2016.

Applicants should apply online and will be asked to submit a letter of application (in French), curriculum vitae, and some others documents.

For questions contact me at Rebeca.gomezbetancourt@univ-lyon2.fr. Final results for acceptance will be published September 5.

Here the information in French :


Further information can be found here.


URPE Newsletter, 47 (3)

The latest issue of the URPE Newsletter includes:


Another great site for the History of Economic Thought

Link to the website can be found here. For more info see this issue's editorial.