Heterodox Economics Newsletter

Issue 330 July 22, 2024 web pdf Heterodox Economics Directory

In the past weeks we have continued working on the on-going update of the Heterodox Economics Directory, which is now very close to completion. Only the introductory chapter, is still missing, which means that all the (relevant) parts that try to document the activities of heterodox economists across the globe are (hopefully) completed. We will keep these categories open for review for another 4-8 weeks. Although we have received many valuable comments and remarks, for which we are immensely thankful, we are also quite sure, that the current version of the Directory could still profit from additional reviewing and feedback.

In anticipation of compiling the final, introductory chapter, we started penning a preface today (you have to start somewhere, after all...), and in writing this up, we found there are many good reasons that underscore how trying to do heterodox economics amounts to doing the right thing. The only bad news here is that those 'good reasons' often come in the form of detrimental developments and sometimes it would truly feel better, if we were less correct on substantial matters ;-) Against this backdrop, we thought a wider set of readers might enjoy this first part of our new preface, which is why we reproduce the two core paragraphs below.

"This 7th edition of the Heterodox Economics Directory presents an update of an initiative that is now close to twenty years old. In these two decades, many historical events and developments can be observed that underscore the analytical importance of key notions embedded in heterodox economics. Among these are the financial crises of 2007ff., which hints at the pivotal role of uncertainty and financial fragility, the persistence of globally heterogenous developmental trajectories, that reflect heterodox arguments about the important role of hierarchy and power in international trade, or the increasingly strong impact of climate change, which resonates with heterodox views on ecological embeddedness, the expansionist character of capitalism and inherent limits to substitutability. Furthermore, we observe the emergence of novel, ambivalent technologies, like algorithmic governance, cryptocurrencies or means of automated warfare, that neither arrive 'exogenously' nor necessarily contribute to social welfare and reproduction, but, rather, often lead to increasing environmental degradation and widening power asymmetries. Finally, the increasing importance of geopolitical conflicts for economic development provides an opportunity to remember how deeply economic issues are entangled with and coined by power relations and political decisions. There are good reasons indeed, why our discipline has once been called political economy.

Today, heterodox economics is probably what comes closes to political economy in the traditional sense as coined by Adam Smith, David Ricardo, John Stuart Mill or Karl Marx. This is also the reason, why it – although somewhat marginalized in conventional economic debates – often connects research discourses across different fields and disciplines. It is also the reason, why heterodox ideas (both, better and worse ;-) regularly pop up in contexts of political disorientation or desperation, where uncertainty is great and the demand for novel perspectives, answers and solutions increases non-linearly. It is for reasons like the ones mentioned here that Heterodox Economics Directory exists with the whole purpose to support scholars of all ages to get a grip on heterodox economics by being able to enjoy its full scope and diversity."

All the best,

Jakob and Niklas

© public domain

Table of contents

Call for Papers

14th International Critical Management Studies (ICMS) Conference (Manchester, June 2025)

18-20 June 2025 | Manchester Metropolitan University, Manchester, UK

Conference Theme: “Regenerative Critical Management Studies"

The 2025 ICMS conference will be a 3-day event, hosted predominantly by Manchester Metropolitan Business School (with some events and opportunities for group outings in Manchester) on the 18th-20th June 2025. In the spirit of the theme, we encourage convenor submissions around the theme of ‘regenerative CMS’, whether as critique of the capitalist status quo or as affirmation of emerging alternatives, in critical management studies and related fields.

We encourage a wide range of submissions associated with regenerative critical management across our proposed conference programme, an indicative (and by no means exhaustive) list may include:

We request that convenor teams are diverse with respect to gender, geographical background, and academic age (we particularly encourage convenor streams to include doctoral students and ECRs where possible). Hybrid formats (online/offline) are welcomed and will be integrated throughout the conference. Streams in different languages and online only streams are also welcome for submission.

Building on the success of the 2023 ICMS conference on the theme of “Being practically critical: Re-imagining possibilities for CMS, challenging the idea of a conference and (re)building our community of communities”, we are excited to announce the call for streams for the 2025 conference “Regenerative Critical Management Studies”.

We chose this theme to open new avenues for discussion within and beyond the existing ICMS community, and to explore the possibility of regenerating critical theories that address deepening social, environmental, and economic sustainability challenges arising from capitalism. In doing so, we seek to reforge critical management scholarship to confront systemic inequalities, visibilize ongoing decolonisation struggles, and renew investigation into alternative organising across a broad range of contexts, both global and local, in an interdisciplinary fashion. Our theme also includes regeneration of pedagogical thinking, by (re)turning to questions of critical approaches to management education and the role of universities in forging better civic/societal futures. Finally, we envision the conference’s regenerative ethos will extend to a deepened commitment by ICMS to engage with activists and practitioners (social movements, communities, social enterprises, cooperatives, and other ecologically minded organisations). We will embody these regenerative principles in our diverse programme of academic paper streams, critical development and activist workshops, panel discussions, public exhibitions, guest speaker series and walking tours/visits.

Proposal submissions are now open for:

This should not be considered as a comprehensive or restrictive list, and we would welcome all submissions that creatively embody regenerative critical management practices in form and/or in content.

Your submission must include:

  1. Proposed Title: Please choose a title relevant to the theme and content of the proposed session.
  2. Session Type: Specify the type of session you are proposing (e.g., presentation stream, type of workshop).
  3. Convenor Information: Provide the names, position, and institutional affiliations of the convenor(s) - as well as any preferred pronouns.
  4. Proposal: Submit a detailed proposal (up to 1000 words) explaining:
    1. What the session will involve and its relevance.
    2. How it aligns with the theme of “Regenerative Critical Management Studies.”
  5. Diversity Statement: Include a brief diversity statement that describes:
    1. The geographical regions represented.
    2. The range of experience of the convenors (e.g. early career).
    3. Gender and other types of diversity of the convenors.
    4. Any other relevant information.

The organisers are committed to supporting the ICMS community by providing a space to develop scholarship, fostering connections with alternative organisations, and ensuring dedicated spaces (and bursaries) are provided to PhD students, and precarious academics (including those from underrepresented or systemically minoritized groups). The 2025 ICMS conference is organised by Christiane Chihadeh, Jack Davis, Tom Davis, Laure Leglise, Kate Seymour, Olivia Tomlinson, James Scott Vandeventer, and Mike Bull.

To register for future updates and announcements about the conference, please fill in this short form. Please submit your proposals to ICMS2025@mmu.ac.uk.

Submission Deadline: 18 September 2024

Analyse & Kritik. Journal of Philosophy and Social Theory: Special Issue on "Democracy and Work in Conflict"

The stability of democracies depends on the organization of work. Despite all the predictions of the 'end of work' that have repeatedly emerged in both public and academic debates since the 1960s, gainful employment remains the central point of reference for economic security, social status and personal identity for a large proportion of democratic societies. However, there are several sources of tension between democracy and the capitalist organization of work:

These tensions between the principles of democracy and the reality of a capitalist working society by no means implies that democracy and capitalism are incompatible. On the contrary, stable democratic orders have so far only been realized in countries with a capitalist economic order. However, there are good reasons to assume that the productive partnership between democracy and capitalism is primarily related to the welfare state. The embedding of democratic capitalism within the welfare state has enabled comprehensive economic, social and cultural participation, which has contributed significantly to the functionality and legitimacy of democracy. Since the “neoliberal transformation” from the 1980s onwards, however, the sphere of work has been increasingly characterized by reduced employment
opportunities (in Europe) and rights (in the US).

In addition, the financialization of capitalism has led to increasing inequalities and a decoupling of wage labor and individual wealth accumulation. Precarious working
conditions, which threaten economic security and social status, as well as the gradual devaluation of ‘hard work’ for economic and social participation have increased popularity of populist parties and distrust in existing democratic institutions. The focus "Democracy and work in conflict" collects articles that address the relationship
between political democracy and the capitalist world of work from normative and empirical perspectives. In doing so, it seems sensible to look at external and internal contexts: externally, to the ways in which democratic attitudes and social participation are connected to wage labor, especially in the form of wages that guarantee economic and social security; and internally, to ways in which the normative role of the democratic citizen as political sovereign is connected to the experience of dependency and subordination in the role of an employee. Specific questions are, for example:

Analyse & Kritik welcomes submissions to this field of research from philosophy and the social sciences. Proposals for topics in the form of an abstract of approx. 700 words are requested by the end of September 2024. The deadline for submitting full papers of approx. 8000 words in the journal's format is the end of February 2025. The issue 1/25 will be published by the end of June 2025.

Information about Analyse & Kritik: https://www.analyse-und-kritik.net/

Contact:
Julian Culp (jculp@aup.edu)
Anton Leist (leist@access.uzh.ch)
Ulf Tranow (tranow@hhu.de)

Submission Deadline: 30 September 2024

Conference Development Beyond Growth: Global and Local Perspectives on Just Transitions (Bonn/online, November 2024)

6-7 November 2024 | German Institute of Development and Sustainability (IDOS), Tulpenfeld 6, Bonn (Germany) and online

The conference organized by NELA and IDOS in Bonn / online on November 6-7, 2024, invites practitioners and academics from the Global South and North alike who are interested in alternative models of global and local economic development. Panel discussions, keynotes and interactive workshops will create ample space for the exchange of perspectives, networking and reflection. The program will be complemented by a public evening event in the form of a panel discussion. We invite academics and practitioners to contribute to the conference with short presentations or posters. If you’d like to submit a contribution check out our Call for Contributions.

Participation is free of charge. Registration for participants will begin in September.

Call for Contributions Open Now!

We also invite academics and practitioners to contribute to the conference with short presentations or posters. If you’d like to submit a contribution check out our Call for Contributions. Here you can download the current program of the conference.

Submission Deadline: 21 August 2024

Conference on "Green Capitalism - A New Regime of Accumulation?" (Berlin, November 2024)

29-30 November 2024 | Grimm Zentrum, HU Berlin, Berlin, Germany

Conference Theme: Green Capitalism - A New Regime of Accumulation?

Keynote: Brett Christophers

There seems to be no easy way of reconciling capitalism and the Earth system. While some see capitalism as the root cause of today's environmental crisis, economists still maintain that it is precisely the pursuit of private profit that will ultimately bring about the common ecological good: with the right incentive structures, capitalism could overcome the historical link between growth and the overuse of resources and sinks. With properly designed markets, pricing, subsidies, and taxes, capitalism could deliver a greened economy more efficiently and cheaply than any alternative economic systems. Against this, critics argue that capitalism systematically undermines its own ecological conditions of production, and that any serious, long-term engagement with ecological problems would require more social control of basic infrastructures and more direct, use-value-based planning of production.

Within the Marxist tradition, the relation between environmental degradation and capitalism has been conceptualized as an ecological contradiction: the imperative to accumulate capital stands in contradiction to the need to reproduce the social and ecological conditions of this accumulation. Prefiguring the idea of an eco-contradiction, Marx already assumed that “the entire spirit of capitalist production, which is oriented towards the most immediate monetary profit - stands in contradiction to agriculture, which has to concern itself with the whole gamut of permanent conditions of life required by the chain of human generations” In James O'Connor’s pioneering work, the ecological ‘second’ contradiction refers to capitalism's inner tendency to generate crises through the degradation and destruction of ecosystems. As capital accumulation relies on natural conditions that it does not replenish, it faces a gradually declining quality of the environment or higher cost of maintaining it. According to O'Connor––and scholars building on him like Jason W. Moore––capitalism has reached a stage where this leads to a crisis of underproduction that ultimately threatens the continuation of accumulation. Other scholars share the diagnosis that capitalism undermines its ecological conditions of reproduction, but doubt that this contradiction pushes towards its resolution: the ‘metabolic rift’ can cause immense suffering without necessarily posing an existential threat to capitalism. This would mean opening up the scope beyond a narrow ‘capital-centric’ analysis. And ecofeminist theories can remind us that the ecological contradiction is not new––capitalism has always depended on and at the same time undermined the social and natural conditions of its reproduction. Marxist ecofeminism highlights the role of representations of nature and femininity––based on a dual process of feminization of nature and naturalization of women––and of relations of (re)production in the environmental crisis. Drawing on Rosa Luxemburg, the subsistence framework has accounted for the contradictory relationship between the capitalist mode of production and non-capitalist environments. While these controversies in ecological Marxism are located at a high level of abstraction, the actual dynamic processing of ecological contradictions in practice remains comparatively under-addressed. What is necessary today is not simply re-defining the nature of this contradiction (with reference to Marx, for instance) but in seeing how it unfolds in real time, how it interacts with other capitalist contradictions and crisis tendencies and how it shapes today’s political economy and conflicts, irrespective of where it finally leads and if its resolvable.

While the theoretical debate on the ecological contradiction rages on, traces of green capitalism arguably already exist. Policies of ecological modernization such as the IRA or the Green Deal have become a central part of economic policy: governments around the world have created markets for environmental goods and provided incentives for ESG investment. Conversely, there is strong capital interest in various ‘green’ markets and ‘clean’ technologies such as solar and wind power, hydrogen or grid services. For some, these attempts have already failed on their own terms, as neither emissions trading nor ‘green’ investment has delivered substantial change in recent decades. After a brief period of enthusiasm, even the financial class now seems to have lost faith in ESG ratings to channel money into greening the economy. Others argue that despite the shortcomings of some of these policies, there has been significant change in recent years: net-zero pledges by major corporations, the imminent peak of Chinese carbon emissions, and a new geopolitical competition for green technology value chains suggest that a decarbonised economy may emerge not only from democratic socialist planning, but also from the business as usual of a new green type of the mixed economy.

The conference aims to bridge the previously stated gap in ecological Marxism, that the theoretical controversies do not necessary reflect today’s real world developments. We thus aim to facilitate a dialogue between theoretical debates in ecological Marxism and concrete inquiries of green capitalism. The first part of this conference explores conceptual questions relating to the ecological contradictions of capitalism. It asks, among other things, what is the status and what are the main theoretical and methodological challenges for ecological Marxism today? How has the research on Marx and ecology contributed to Marxist ecology? Is there an ecological proletariat? Is critical theory, historical materialism, or eco-socialism up to analytic task?

The conference is organized by Marius Bickhardt (Sciences Po Paris/CMB Berlin), Jacob Blumenfeld (Universität Oldenburg/Center for Social Critique, HU Berlin), Gauthier Delozière (Sciences Po Paris/CMB Berlin), Cannelle Gignoux (Université Paris 8/CMB Berlin), Hans Rackwitz (Universität Jena/Leipzig), Daniela Russ (Universität Leipzig) with funding from Centre Marc Bloch (to be confirmed), the Center for Social Critique at Humboldt University Berlin, and the Global and European Studies Institute at the University of Leipzig.

Please send one-page anonymized abstracts by August 1st to: greencapital.conference@gmail.com. For more information, please visit our event page.

Submission Deadline: 1 August 2024

Erasmus Journal for Philosophy and Economics: Special Issue on "Philosophical Contributions to Degrowth"

The Erasmus Journal for Philosophy and Economics invites submissions for a forthcoming special issue on questions of economic growth and degrowth, for publication Winter 2025.

Confirmed Contributors:

Description:

The ecological and climate crisis has spurred much interest in formerly marginal ideas of idea of post-growth or degrowth among academics, politicians, activists, and the wider public. Such ideas are still controversial but rapidly increasing in popularity: books on degrowth have become international bestsellers, in a recent global survey 73% climate policy researchers are reported to be sceptical towards the possibility or desirability of ‘green growth’, and the 2023 “Beyond Growth Conference”, saw Ursula von der Leyen, the President of the European Commission, address thousands of participants. It seems that debates around degrowth are likely to be central in the coming years. However, academic philosophers working on similar areas have, so far, kept fairly quiet.

This is somewhat surprising, not only because of the popularity or urgency of debates around green growth and degrowth, but also because many of the themes that degrowth scholars touch on have a long pedigree at the intersection of philosophy and economics: from limits to economic growth and the (un)desirability thereof, criticisms and alternatives to GDP and similar resource-based measurements, critique of consumerist forms of economic development, the role of ecological constraints, the just redistribution of resources, and so forth.

To see how philosophers of economics, political philosophers, historians of economic thought and others might contribute to green-growth and degrowth debates – either as proponents, detractors, or simply to clear up conceptual issues - the Erasmus Journal of Philosophy and Economics calls for contributions for a special issue. Below you can find a non-exhaustive list of possible topics or questions:

Philosophy of economics/science:

Ethics/Political philosophy:

History of economic thought:

Practicalities:

The Erasmus Journal of Philosophy and Economics publishes research at the intersection of philosophy and economics, including HET. Empirical or purely economic research falls outside of the scope of the journal. Please get in contact with us if you are unsure whether your contribution is suitable for the journal.

Deadline: Text should be submitted by 29th of August 2025. The special issue will be published in Winter 2025. Please let the editors know if you are planning on submitting. This helps us have a smoother planning for the peer-review process.

Length: Texts should be between 4000-8000 words. We are happy to consider publishing shorter pieces (2000-4000) as critical comments. Submissions go through a standard double-blind peer-review process. Please submit in our standard submission system, where you can also find guidelines for authors.

Diamond Open Access: The EJPE proudly is a diamond open access journal. We charge no fees for authors and all of our texts are freely available.

In case of you are interested or have any questions please get in contact at editors@ejpe.org, or Gideon Frey at frey@esphil.eur.nl.

Submission Deadline: 29 August 2024

ICAPE 2025: Annual Conference on Neoliberalism, Polycrisis and Pluralism (San Francisco, January 2025)

Offline-sessions: January 5-6 | University of San Francisco, McLaren Conference Center, San Francisco, CA
Virtual sessions: Friday, January 10, 2025 over Zoom

The global economy is facing numerous crises (e.g., a polycrisis). Democracy is under attack in many countries, and the far right is gaining power and influence. Increases in immigration are fueled by the desperation neoliberalism has wrought in much of the global south. Inequality, poverty and precarity in developed countries, produced in many cases by neoliberal policies, fuels unrest and xenophobia. Intolerance is also apparent in violence against LGBTQ+ people. Health and welfare systems are stretched thin and, in many cases, being cut. Infrastructure has fallen into disrepair in the U.S. and other countries. Geopolitical tensions between China and the U.S. as well as ongoing wars in Ukraine and Gaza threaten international stability. Meanwhile, the increasingly severe consequences of climate change are becoming more readily apparent. In this world of polycrisis, what can pluralist economists offer to address these difficult times?

Since its founding, ICAPE has supported economists who have been marginalized by the American Economics Association. ICAPE is motivated by the philosophy that methodological pluralism and intellectual progress are complements: intellectual diversity allows for the development and dissemination of insights that would otherwise be overlooked.

At the 2025 conference, ICAPE encourages submissions that explore the unique contributions of all major perspectives of heterodox/marginalized economists, while also discussing areas in which these approaches share similar insights. Are heterodox/marginalized economists moving toward a unified approach? Or, would a unified approach have disadvantages by reducing the rich variations and unique contributions of each school of thought? How does the work of economists from the National Economic Association and American Society of Hispanic Economists intersect with the work of feminist, institutionalist, social, Marxist and post-Keynesian economists? ICAPE welcomes submissions from any pluralist perspective on the conference theme or on any topic of relevance to pluralist economists.

Founding ICAPE associations are the International Association For Feminist Economics (IAFFE), the Union for Radical Political Economics (URPE), the Association For Evolutionary Economics (AFEE), the Association For Institutional Thought (AFIT), and the Association for Social Economics (ASE). Submissions from members of these organizations are particularly welcome. We also 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, critical realism, agent-based modeling, stratification, and general heterodox economics. We are interested in research from any of the perspectives listed above, research by economists marginalized by the AEA, and research by mainstream economists open to incorporating a pluralistic approach. We are also particularly interested in material from graduate students, sessions on pluralistic teaching, and material on the state of pluralism in economics.

All papers presented at ICAPE are eligible for inclusion in the ICAPE proceedings issue of the American Review of Political Economy.

Conference Schedule:

The in-person portion of ICAPE’s conference will occur immediately following the ASSA meetings in San Francisco, beginning at 4:00 PM on Sunday, January 5 and concluding at 6:00 PM on Monday, January 6. These sessions will be held at the University of San Francisco, a short cab ride from the conference hotels. The ASSA/AEA conference is scheduled for January 3-5, 2025 in San Francisco, ending at 3:00 PM on January 5th.

The on-line, virtual portion of the ICAPE conference will take place on Friday, January 10, 2025, with the times to be determined based on the schedules of participants.

All in-person presentations will take place on January 5-6, 2025, and all virtual presentations will take place on January 10, 2025.

All papers and panels must be submitted via the Google Forms below. Individual paper submissions: https://forms.gle/t6KQNberGQEVmAkf7 Panel, workshop and roundtable submissions: https://forms.gle/8EEF3isKtyMMer6Q7

In-Person Conference registration fee: $180 regular registration, or $90 low income. The registration fee includes dinner on Jan. 5, coffee, lunch and a reception on Jan. 6, as well as full access to the online conference. Conference costs in San Francisco are significantly higher than other locations, hence the higher registration fee than in recent years.

Online-only Conference registration fee: $90 regular/$45 low income.

Scholarships to cover conference registration fees are available to those with limited institutional support including graduate students as well as academics residing in the Global South. All scholarship recipients must be a member of one of the founding ICAPE associations (AFEE, AFIT, ASE, IAFFE, URPE).

Note that ICAPE does not arrange housing for the in-person portion of the conference. We recommend that you take advantage of the low rates obtained by the AEA for its conference, and that you attend the sessions of ICAPE founding organizations and partner organizations at the AEA conference.

Tentative schedule for the in-person portion of ICAPE on Sunday, January 5, 2025:

4:00-4:40 Registration/Check in

4:45-6:15 PM, breakout sessions

6:20-8:00 PM, plenary dinner for all participants (included)

Monday, January 6, 2025:

8:30-10:15, breakout sessions

10:30-12:15, breakout sessions

12:20-2:15, plenary lunch for all participants

2:30-4:30, breakout sessions

Reception and networking event, 4:30-6:00

For additional information, contact Geoff.Schneider@Bucknell.edu.

Submission Deadline: 10 September 2024

II SIE – YSI Pre Conference (Urbino, October 2024)

23-26 October 2024 | Università degli Studi di Urbino Carlo Bo

The Italian Economic Society is organizing its 65th Annual Scientific Meeting (RSA) at the University of Urbino from the 24th to the 26th of October. This year, YSI will continue its collaboration and is pleased to present the II YSI-SIE Pre-Conference, to be held at the University of Urbino on the 23rd of October.

This year’s pre-conference will focus on technology, international trade, and industrial policy. We invite all young scholars to submit their abstract proposals to be part of the pre-conference on the following topics (but not limited to):

Selected participants will have the chance to receive a travel stipend that aims to cover part of the travel expenses to Urbino. Find full information here: https://ysi.ineteconomics.org/event/ii-sie-ysi-pre-conference/2024-10-23/1/

OEconomia: Special Issue on "Markets and Democracy"

Œconomia - History/Methodology/Philosophy calls for contributions for a

Special Issue on "Markets and Democacy"

Editors of the Special Issue: Alexandre Chirat (EconomiX, Université Paris-Nanterre), Nathanaël Colin Jaeger (CCDS, American University of Paris), Camila Orozco Espinel (REGARDS-CRIEG, Université de Reims Champagne-Ardennes), Cyril Hédoin (Université de Reims Champagne-Ardennes)

Markets and democracy have constituted, since at least the 19th century, two foundational institutions of Western societies. Both concepts have been widely studied as modes of social organization. As a coordination procedure, the market is the primary means of allocating resources among members of a society and constitutes the fundamental concept of economics. Democracy, as a system of government, also involves a series of collective decision-making procedures, foremost among which is voting. Markets and democracy therefore consist of two modes of coordination, relating to 'tastes' for the market and 'values' for democracy (Arrow 1951). As markets and democracy are two modes of social coordination, they can be competing or complementary: where do private tastes end and public values begin? Is it not possible to have values relating to how individual and collective needs should be met? In short, is the distinction between the democratic and political realm and the economic and private realm self-evident? Two sets of problems arise. The first set relates to the analogical relationships that can be established between the functioning of the market and the functioning of democracy. More particularly: are these two forms of coordination radically different? Or can we study democracy as a market or consider the market as a democratic space? The second set relates to their relationships—of complementarity or antagonism—as institutions at the foundation of our societies. Does the market undermine democratic institutions, or does it reinforce equality between individuals? Conversely, should democratic institutions limit the expansion of the market?

Throughout the 20th century, several economists, political scientists, and philosophers have mobilized the construction of analogies between the market and democracy to study (positive dimension) or legitimize (normative dimension) their functioning (Chirat 2022). Structural analogies made it possible to model the functioning of democracy (target domain), thought of as a 'political market,' based on the theoretical tools traditionally used to study the functioning of the market (resource domain) (e.g., Schumpeter 1942; Downs 1957; Buchanan and Tullock 1962). Thus, in the market as in democracy, we refer to demand (consumers/citizens), supply (firms/parties), products (goods/platforms), constraints (power to purchase/power to vote), as well as informational issues (advertising/propaganda).

Categorical analogies between the market and democracy have, for their part, made it possible to develop arguments by comparison. For example, using the concept of consumer sovereignty, forged by Hutt during the interwar period (Desmarais-Tremblay 2020), allows, by analogy with the notion of citizen sovereignty, consideration of the situation of the consumer on a market as analogous to that of the citizen in a democracy (Persky 1997; Olsen 2019). In this case, the market and democracy are no longer considered only as coordination procedures. They are also considered as sets of institutions guaranteeing values such as freedom or equality.

Whether they reason by analogy between democracy and the market (competitive, oligopolistic, etc.) or categorically reject such analogy, economists and philosophers are always confronted with the question of relationships (complementarity or conflictuality). Should we organize public affairs through market mechanism, or does the specificity of politics require democratic institutions (Elster 1986)? Some emphasize the complementarity between markets and democracy, as 'inclusive institutions' promoting economic development. (e.g., Acemoglu and Robinson 2012). Others assert, on the contrary, that the development of markets and commodification is likely to harm the proper functioning of democratic life (Anderson 1990; Sandel 2013). This being said, understanding the reasons and methods by which various economists (e.g., Arrow, Hayek, Knight, Sen, Smith) and philosophers (e.g., Dewey, Habermas, Rawls, Dworkin, Anderson) have theorized the conceptual and institutional relationships between democracy and the market is of fundamental interest, particularly in the context of an environmental crisis.

The journal Oeconomia will publish a special issue in December 2025 on the topic “Market(s) and democracy,” following the 7th International Conference on Economic Philosophy held in Reims (May 28-31, 2024). The expected contributions will address the conference theme from the perspective of the history of economic thought, political philosophy and philosophy of economics, or institutional political economy. This call for submissions is open to all interested researchers, whether or not they presented at the Reims conference.

Researchers who would like to be considered for participation in this special issue of Œconomia should submit their full paper on the submission platform. For further information, please contact the editors of the special issue or send a message to oeconomia@openedition.org.

Submission Deadline: 16 September 2024

Ola Financiera: Special Issue on "Argentina"

Call for Special Issue on "Argentina" in Ola Financiera

This special issue of Ola Financiera aims to examine the social, political and economic crisis of the Argentine Republic under the presidency of Javier Milei. In the last half-century of neoliberalism's domination at the global level, Argentina has witnessed one of the more extreme national experiences. On the one hand, the convertibility crisis led the country to one of the deepest crises in the world, even if only measured in lost production. On the other hand, the country found freedom in the depths of the crisis: foreign debt was restructured, as was the country's relationship with the International Monetary Fund (IMF). The peso was recovered as the national currency; the banking system was pesoified; and domestic investment recovered in many sectors of the economy. For Latin America, Argentina had achieved economic sovereignty and
macroeconomic results unprecedented for the region in the neoliberal era.

But Argentina's experience was not unique in the territory. Rather, Argentina was an important player in what was called the pink tide —a political reaction to the macroeconomic crises that had plagued the region since the 1990s—. By the turn of the century, regional cooperation was bearing new institutions such as UNASUR and the Banco del Sur to confront financialized globalization. However, and in the context of a greater rapprochement with China, the pink tide was washed out in a series of coups d'état of various kinds. In this context, Macri comes to power in 2015 with the promise of reviving the debt extinguished with its successful renegotiation a decade earlier. With the re-indebtedness, the monetary-financial conditions that allowed the country's historic growth were reversed. Again, the IMF, the central bank's monetary regime, and the foreign debt began to weigh on the national economy significantly. Milei arrived at the presidency with a heavy external constraint on the country and a growing lack of monetary control manifested in high inflation rates. Heading into the elections, Milei presents himself as an alternative — in this case with a libertarian response. However, in words and actions, there has been a return to the "shock therapy" of past decades. It is in this context that Ola Financiera cordially invites the international academic community to join this task with us by sending original and unpublished articles to be part of our Vol. 18 No. 51 May-August 2025, which will be dedicated to the Argentine economy.

Articles that contribute to the expansion of scientific research and its dissemination on topics of contemporary financial economics with issues that include topics about Argentina, including although not limited to

Original and unpublished articles can be submitted for double-blind peer review no later than March 31, 2025 to the following e-mail address: ola.financiera.unam@gmail.com. More Information on the journal's website can be found here.

Deadline for submissions: 31 March 2025

Regional Studies Association Winter Conference: Driving Regions Forward: Transitioning to Brighter Regional Futures

7 – 8 November 2024 | The Cumberland Hotel, London, United Kingdom

For all the talk of external shocks (the Covid pandemic, war in Ukraine and Middle East), crises (in energy, cost of living, disruption to shipping routes) and emergencies (the climate emergency, African food crisis) regional studies exists to present an optimistic vision for brighter regional futures. Regional policies, planning and governance are all underpinned by a desire to offer better options, opportunities and solutions to drive regions forward in their development. The core themes of innovation, entrepreneurship, skills, technology, trade, and investment are some of the many enablers of regional development. Our focus on issues of housing, migration, land use, mobility, are all driven by a desire to improve the lives of people and the places we inhabit. And as a community, improvements to equity, diversity and inclusion, and the drive to enthuse the next generation of regional researchers and practitioners is at the very heart of everything we do.

The Regional Studies Association Winter Conference 2024 presents a timely opportunity to champion a positive agenda for regional change and development. The event will provide an important platform to come together, to discuss and debate the future of regions and regional studies, to establish the need and nature of future research imperatives in the field, and to assess options for practitioners and policymakers in working towards brighter regional futures.

The conference organisers are keen to attract papers and closed special sessions (see below) which identify new fields of enquiry, address broad research and policy agendas, and include contributions from any discipline offering insights at local and regional levels. Papers which are highly innovative, collaborative, international or multi-disciplinary are especially welcome.

Broad themes and key agendas the organisers are keen to facilitate discussion around include, but are not limited to:

The event is inclusive and offers networking opportunities for all in our field. The organisers welcome proposals for closed special sessions, themed workshops and innovative forms of networking and collaboration.

Conference Webpage: https://www.regionalstudies.org/events/2024-winter-conference/

Submission Details:

Closed Special Session proposals and Abstracts (max 250 words text only): 20 August 2024

As part of the RSA Winter Conference, we welcome proposals for closed Special Sessions. Special Sessions are a great way to bring together presenters to discuss and highlight a particular topic and to develop or further extend your network. For a Closed Session – the session organiser proposes the complete session including all speakers.

Abstracts and special session proposals will be considered and reviewed by the Conference Committee against the criteria of originality, interest, subject balance and geographical spread.

Please click here to submit your abstract or special session proposal.

Submission Deadline: 20 August 2024

Review of Evolutionary Political Economy: Special Issue on "The Euro at 25: Economic Policy, Governance, and Global Transformations"

Johannes Jäger, Professor, Head of Department of Economics, University of Applied Sciences, Vienna
Magnus Ryner, Professor of International Political Economy, King’s College London
Engelbert Stockhammer, Professor of International Political Economy, King’s College London

In 2024 the Euro celebrates its 25 anniversary. Though markers such as these are arbitrary in the sense that they do not necessarily represent anything particularly meaningful in Braudelian ‘socio-historical time’, they can serve as an occasion to review the broad structure of European economic governance. It is not insignificant in this context that the Bruegel and Peterson Institutes have published ‘anniversary works’ over the years, which have received a certain recognition by the EU institutions themselves. The publication at the 5 anniversary was celebratory. It anticipated an ‘ever closer union’ and a global role for the Euro in a ‘finance G-2’ in a world of relative Dollar decline (Posen, 2005). There was no indicator that a Eurozone crisis was lurking around the corner. The Eurozone crisis could not, however, be ignored at the 10 anniversary. Two ‘challenges’ were identified: how to manage ‘real economic adjustments’ and how to maintain fiscal and financial stability without a central authority that could take ‘financial and fiscal decisions in difficult times’. Yet, the first decade of the Euro was deemed also in this publication to be ‘impressive’ as the single currency was said to have expunged inflationary propensities, served as a conduit for fiscal discipline, and as having proved a shelter against currency crises (Pisani-Ferry & Posen, 2009). On the occasion of the 25 anniversary, the Bruegel Institute has once again provided a report, this time at the official request of the Committee on Economic and Monetary Affairs of the European Parliament ahead of the Monetary Dialogue of the ECB President (Pisani-Ferry, Reichlin & Zettelmeyer, 2024). This report is more strictly focused on ECB monetary policy. It praises the ECB policy-framework for being ‘adaptive’ and ‘innovative’. However, and in marked contrast to the ‘ever closer union’ argument in 2005, it points to the ‘political and fiscal fragmentation’ of the Eurozone as a problem that makes policy-adaptation slow. It also stresses the need for a larger EU budget and common borrowing, to ensure a liquid and safe bond market and a combined stabilisation effort by monetary and fiscal authorities. Over time, these anniversary reports have become progressively less celebratory. They increasingly recognise design failures in the original construct of EMU. However, they do so reactively and in a merely incremental way. By contrast, works in heterodox economic and critical political economy traditions, being more sensitised from the outset to the instabilities and crisis-tendencies that may be integral to the Eurozone, and capitalism more generally, have offered a more root-and-branch critique of the foundations of the EMU and more radical policy alternatives (e.g. Jäger & Springler, 2015). Contributions to this special issue are located in these traditions and address the attendant debates in light of the juncture of ‘the Euro at 25’.

An early intervention in the tradition of heterodox economics was an article by Arestis, McCauley & Sawyer (2001; see also e.g. Huffschmid, 2005), which critiqued the ‘new monetarist’ foundations of the EMU. This article set the broad parameters for subsequent interventions, not the least for alternative analyses of the Eurozone crisis and prescriptions for addressing this crisis (e.g. EuroMemorandum Group, various years; Stockhammer et. al., 2020). It critiqued the dominance of monetary policy with the exclusive aim of achieving price stability and warned against the contractionary effect of EMU design as well as the dangers of financial instability. It argued for an alternative Stability and Growth Pact, aiming at full employment where a very much enlarged EU budget would enable fiscal federalism. This was seen as necessary to defend the European Social Model. A key question to be considered in this special issue: Should this analysis be revised or updated in light of the experience of ‘unconventional’ monetary policy such as the Asset Purchasing Programme (APP) and the Pandemic Emergency Purchasing Programme (PEPP); NextGeneration EU (NGEU), the European Green Deal (EGD), and the revisions to the SGP, including more ‘dynamic’ norms based on Debt Sustainability Analysis (DSA) (e.g. European Commission, 2022)?

The above analyses and prescriptions are premised on the possibility that a ‘good Euro’ is possible – a position that received considerable criticism in the period of Eurozone crisis management, which displayed remarkable obstinacy on the behalf of elites to address design failures despite the depth of the crisis. Critics argued that the ‘new monetarist’ design was constitutive of the EMU and the structural hegemonic interests of Germany and its variety of capitalism. EMU was not amenable to the mobilisation of agency – which is deeply divided between the interests of core and peripheral states - that might lead to reform (Lapavitsas et. al., 2010; Nölke, 2016). Has recent experience validated or refuted this perspective?

A sufficient answer to the latter question cannot be satisfactorily answered within the field of economics in a narrow sense but is in part dependent on factors requiring a broader political economy, including international political economy, analysis. One of these relates to the aforementioned core-periphery dynamics. Is the EU condemned, as Hayek hoped and Fritz Scharpf (2002) feared, to be divided and caught in a ‘joint decision trap’, or are there countertendencies that may point to joint action? This may in part hinge on continuity and change of dominant interests in the most powerful states. Recent research has suggested that dominant fractions of German capital – for instance as represented by the BDI – have in time become more amenable to fiscal federal measures (Schneider, 2023). It also hinges on the degree to which EU governance is sensitive to societal pressure from below. It has been persuasively argued that EU’s ‘new constitutionalist’ economic governance is isolated from such pressure (Gill, 1998). On the other hand, increasingly apparently arbitrary measures make it increasingly difficult to reproduce the depoliticised discourse upon which the legitimation of new constitutionalism depends (e.g. Oberndorfer, 2015). Political economy contributions to this special issue will analyse inter alia the contemporary dynamics of core-periphery relations, societal pressure, and the contradictions of depoliticization in ‘authoriarian neoliberalism’ in order to discern prospects for policy change that are immanent in attendant social forces.

Finally, the special issue will analyse ‘the Euro at 25’ with reference to the changing configuration of the global political economy. The Euro was forged in the context of a subordinated partnership with the United States and its financialised Dollar hegemony, which imposed structural constraints on the prospects of pursuing alternative fiscal and industrial policies (e.g. Grahl, 2011; Beck,2022). But currently the world economic order is undergoing profound geopolitical change with the rise of China. Seemingly consistent with theories of hegemonic stability (e.g. Gilpin, 1981), there are tendencies towards securitisation of economic relations as interdependence is increasingly weaponised. This is manifest in the tit-for-tat between the United States and China in strategic sectors. What are the long-term implications of these dynamics for the EU economic governance where EU is at the centre? What would be a progressive international policy response to these tendencies?

A holistic analysis of the prospects of the Euro will have to mobilise insights from heterodox economics and critical approach in political economy. Contributions could address issues like:

Contributors are strongly encouraged to participate in a special workshop at the Annual Meeting of the EuroMemorandum Group in Vienna in 12-14 September, 2024, which is intended to discuss and develop the contributions to the Special Issue. All contributions go through the usual peer review process.

Indicative timeline

Contact: for questions about the special issue, please contact: Magnus Ryner (magnus.ryner@kcl.ac.uk)

You can download this Call for Papers here.

Submission Deadline: 15 June 2024 [note that this is also the (extended) deadline for the Euromemo conference]

Call for Participants

11th Conference of the International Walras Association (Tokyo, Sept 2024)

9-10 September 2024 | Tokyo, Japan

The 11th Conference of the International Walras Association will be held at Meiji University in Tokyo, Japan on September 9-10, 2024.

Please click here for the preliminary program.

If you are interested in attending this conference, please click here to register. There is no registration fee. To attend the Tokyo Bay Cruise & Dinner on September 10, please register by July 31. Otherwise, please register by August 9.

Presenters should submit full papers (in Word format) by email to kayoko@biwako.shiga-u.ac.jp by July 31. Discussants will be announced in August. A selection of the papers presented at the conference will be published as a special issue of the Revue d’histoire de la pensée économique (RHPE). For more information, please visit the International Walras Association website.

Registration Deadline: 31 July 2024

Conference Papers, Reports, and Podcasts

2024 AHE Conference Plenaries

The recordings from the 2024 AHE Conference plenaries are now available on the website: Recordings from the 2024 AHE Conference Plenaries.

Keynote 1: Ecological and Environmental Justice in Heterodox Economics

Keynote 2: The Political Economy of Conflicts and Migration

Keynote 3: Heterodox Economics in Policy

Smith and Marx Walk Into a Bar Episode 81

In this month's episode, Cınla, Jennifer, and Francois speak with Professor Cheryl Misak, University Professor of Philosophy at the University of Toronto, Fellow of the Canadian Royal Society, and Guggenheim Fellow, about Frank Ramsey: A Sheer Excess of Powers, her highly regarded biography of the influential mathematician, philosopher, and economist. Other topics include Professor Misak's work on Charles Sanders Peirce and the pragmatist tradition at the University of Cambridge.

For more details and to listen to the episode, visit Episode 81.

Job Postings

University of Bolzano, Italy

Job Title: Associate Professor in Economic and Labor Sociology

The position is for an Associate Professor specializing in Economic and Labor Sociology at the Free University of Bozen-Bolzano. The candidate will engage in teaching, research, and contribute to the academic community within the Faculty of Education. They will be involved in the "Ecoenergy - Energie di comunità per la transizione eco-sociale" project funded by the European Social Fund.

Profile:

Please find a link for further information and Application here.

Application Deadline: 8 August 2024

University of Greenwich, UK

Job title: PhD Studentship

Project Title: Algorithmic management, Artificial Intelligence and impact on workers.

Project Description:

The impact of automation and Artificial Intelligence on workers is at the core of the most forward-looking research in the Employment Relations field. Fears and scepticism towards technology driven change has a long history in the labour movement especially for workers employed in lower paid jobs; however, the challenges posed by AI are more far reaching, posing threats of job substitution (Kelly, 2022) and increased monitoring (De Stefano, 2019) for workers in a wider range of professions (Acemoglu and Restrepo, 2020). These developments in technology have not only impacted the way jobs are carried out, but the very nature of the employment relationship - for example through platform work (Drahokoupil and Fabo, 2016) and the way people are managed through algorithms (Aloisi and De Stefano, 2022). Algorithmic management is involved in multiple aspects of work design, management and control, expanding the remit of technology from the execution of human commands to decision making.

Automation has been historically linked to anxiety among workers, as a response to threats of labour substitution, and performance monitoring has been found to be a major source of work-related stress; research points at risks for workers related to algorithmic management (Aloisi and De Stefano, 2022; Todolí-Signes, 2021) and highlights the importance of monitoring and regulating how algorithms design and manage work.

This project aims at understanding the impact of algorithmic management from the workers perspective. While the specifics of the research design would be the remit of the doctoral student, we would expect the researcher to choose specific sectors and collect data about the relevance of algorithmic management and workers’ perception, reactions and potential resistance.

The aims of this research are:

The proposed outcomes are:

Duration:

Person Specification of Essential (E) or Desirable (D) requirements:

Education and Training:

Experience & Skills:

Personal Attributes:

Other Requirements:

Closing date for applications: midnight UTC on Friday 19th July 2024

For further information contact:

Dr Elisa Pannini

Making an application:

For further information and application please visit the website.

Application Deadline: 19 July 2024

University of Vienna, Austria

Job title: 4 Doctoral Positions within the ERC Project TwinPolitics

The central objective of TwinPolitics is to investigate the development of digital twins as a (geo)political phenomenon that could permanently transform the interface between science and politics. Digital twins are a method for analyzing complex systems and developing "what-if" scenarios to accelerate the implementation of global sustainability goals. The candidates should have a background in Political Science, Marine/Environmental Social Sciences, the Social Study of Science, Sociology, Legal Studies or a related field, with a focus on global environmental politics, international negotiations, multilateral environmental agreements, ocean governance, data science or science-policy interrelations. Doctoral students will be expected to collaborate and experiment with different social science methods to study the role of digital twins in global environmental agreement-making, including fieldwork at negotiations related to marine biodiversity, plastic pollution, and deep-seabed mining. They will contribute to the further development of concepts and methods to study the role of data in global environmental politics.

The successful candidates will work in an interdisciplinary research team within the ERC project TwinPolitics led by Assoc. Prof. Dr. Alice Vadrot. The TwinPolitics research group will be based at the Department of Political Science of the University of Vienna and composed of the Principal Investigator (Alice Vadrot), a research administrator, four doctoral students, two post-doctoral researchers, and two research assistants. This is an exciting opportunity for graduate students to develop research experience, work with senior colleagues on a new ERC-funded project and write a doctoral thesis in the rapidly emerging and increasingly relevant area of marine policy, politics and data. The doctoral students will be embedded into a vibrant research environment and be associated with the Environmental Politics and the Oceans Research Group at the department of Political Sciences at the University of Vienna, as well as the Vienna Doctoral School of Social Sciences.

Main duties:

Person specifications:

Application

Applications should be uploaded here by 24 July 2024 and include the following documents in English Language:

Selection & Next Steps

Following the closing date, we will contact you by email to let you know whether or not you have been shortlisted to participate in the next stage of the selection process. Interviews will be held between 6th and 9th ofAugust 2024. For inquiries about the application process, please contact: twinpolitics.erc.powi@univie.ac.at For informal enquiries about the job, please contact Assoc. Prof. Dr. Alice Vadrot: alice.vadrot@univie.ac.at.

Application Deadline: 24 July 2024

Journals

Cambridge Journal of Economics 48 (4)

Jon D Wisman: The industrial degradation of the workplace that Thorstein Veblen overlooked

Mauro Boianovsky, Denis Melnik: Between capitalism and socialism: Tugan-Baranovsky on cooperatives

Peter Bofinger, Lisa Geißendörfer, Thomas Haas, Fabian Mayer: The finance and growth nexus revisited: a truly Schumpeterian perspective

Teemu Lari: The problems of macroeconomics as institutional problems: complementing the ‘what went wrong’ story with a social epistemology perspective

Eduardo F Bastian, Sébastien Charles, Jonathan Marie: Inflation regimes and hyperinflation: a Post-Keynesian/structuralist typology

Thomas Goda: Effective corporate income taxation and its effect on capital accumulation: cross-country evidence

Hugo C Iasco-Pereira, Gilberto Libânio, Fabrício Missio: The real exchange rate and industrial investment: new evidence for Brazil

Brigitte Hoogendoorn, Martha O’Hagan-Luff, Sanaz Ramezani, André van Stel: Does self-employment provide a bridge to retirement?

Leila E Davis, Joao Paulo A de Souza, Gonzalo Hernandez: An empirical analysis of Minsky regimes in the US economy

Global Political Economy 3 (1): Special Issue on "Progressive Politics in Times of Crisis"

Bradley Ward, Marco Guglielmo, Melany Cruz, David J. Bailey: Editorial

David Bailey: Weak progressive politics and resistance without guarantees in the post-pandemic global political economy: a broadly Marxist account

Dario Clemente: The crisis in South America: neoliberalism, neodevelopmentalism and beyond. Insights from Argentina and Brazil

Melany Cruz: Feminists for a new Constitution in Chile: forging progressive alliances in times of crisis

Emma Foster and Peter Kerr: Queer/Green collaboration as a radical response to climate crises: foregrounding the green stripe

Marco Guglielmo and Bradley Ward: Towards the progressive network-system: a normative theory of organisation to achieve disruption in times of crisis

A.T. Kingsmith: Anxious solidarities against the mental health crisis: connecting personal struggles to wider social and economic injustices

Sarah Uhlmann: Urban social movements as extended class actors: struggles over reproduction in Buenos Aires, New York City and Hamburg

Ben Whitham: The revolution of values and the crisis of liberal democracy

History of Economics Review 87 (1)

Alain Marciano: Buchanan and Clubs, How Dubious Was the Concept? A Comment on Darity, Camara, and MacLean

Alexander Millmow: The Changing Fortunes of the Economic Society of Australia over the Twentieth Century

Paul Oslington: Reception History and the Historiography of Economics

Industrial and Corporate Change 33 (4)

Nikhil Kalathil and others: Short-term economic dynamism as a policy tool to address supply shortages during crises

Ezra G Goldstein: Communication costs in science: evidence from the National Science Foundation Network

Guido Fioretti: Emergence and evolution of organizations out of garbage can dynamics: a few insights for the theory of the firm, entrepreneurship, and industrial economics

Alexander M Danzer and others: Military spending and innovation: learning from 19th-century world fair exhibition data

Bach Nguyen: Local government and small business revenue forecasting: evidence from a transition economy

Giovanni Bonaccolto and others: Urban manufacturing and the role of industrial relatedness in sustaining it: the case of the Brussels Capital Region

Carlo Pietrobelli and others: Capabilities, sustainability, and innovation in mining value chains

Carlo Pietrobelli and others: Suppliers’ entry, upgrading, and innovation in mining GVCs: lessons from Argentina, Brazil, and Peru

Penny Bamber and others: Innovation and competitiveness in the copper-mining GVC: developing local suppliers in Peru

Lilia Stubrin and others: Innovation opportunities and backward linkages in mining: an analysis of Argentinean knowledge-intensive mining suppliers (KIMS)

Beatriz Calzada Olvera and Michiko Iizuka: The mining sector: profit-seeking strategies, innovation patterns, and commodity prices

Fabrizio Fusillo and others: Co-evolutionary patterns of GVC-trade and knowledge flows in the mining industry: evidence from Latin America

International Journal of Political Economy 53 (2)

Alicia Girón & Marcia Solorza: Alain Parguez and Monetary Circuit Theory: Keys to Understanding the Development of Economies with a Double Monetary Standard

Servaas Storm: Tilting at Windmills: Bernanke and Blanchard’s Obsession with the Wage-Price Spiral

William Van Lear: An Assessment of Pandemic Era Inflation, 2021–2022

Sébastien Charles, Thomas Dallery & Jonathan Marie: Inflation in France Since the 1960s: A Post-Keynesian Interpretation Using the Conflict-Inflation Model

Davide Gualerzi: Elaborating on the Demand-Side of Economic Development: Schumpeter and Neo-Schumpeterian Theory

Moritz Pfeifer, Mohamed El Guindi & Giancarlo Salazar-Caicedo: Secrets of the Temple or Noise of the Agora? The Political and Financial Implications of the Communicative Turn in Central Banking: The Case of the FED

International Review of Applied Economics 38 (4)

John Holford & Jonathan Michie: ‘A permanent national necessity’ - a manifesto for lifelong learning

Michael Osborne: The benefits of university adult learning

Christie Schultz: Experiences of microcredentials in Canada: perspectives, possibilities, and a case for national data collection

Jonathan Michie: “A permanent national necessity…”: the long revolution will resume

Jonathan Michie: The role and importance of residential adult education

Aleksandr Christenko: The complex relationship between automation and work intensity: evidence from selected EU countries

Journal of Agrarian Change 24 (3)

Alessandra Mezzadri, Sara Stevano, Lyn Ossome, Hannah Bargawi: The social reproduction of agrarian change: Feminist political economy and rural transformations in the global south. An introduction

Coşku Çelik: The social reproduction of natural resource extraction and gendered labour regimes in rural Turkey

Lorena Lombardozzi: The social reproduction of (and through) food: Agrarian change in Uzbekistan

Smriti Rao, Smita Ramnarain, Sirisha Naidu, Anupama Uppal, Avanti Mukherjee: Work and social reproduction in rural India: Lessons from time‐use data

Jieyu Liu: Social reproduction in rural Chinese families: A three‐generation portrait

Brittany Bunce, Donna Hornby, Ben Cousins: Navigating the contradictory dynamics of production and social reproduction in collectively owned agricultural enterprises in South Africa's land refor

Olena Lyubchenko: Reassessing Soviet industrialization as primitive Soviet accumulation: Social reproduction, collectivization and peasant women's revolts under Stalin

Sithandiwe Yeni: Land, natural resources and the social reproduction of South Africa's ‘relative surplus population’

Saba Joshi: ‘Land for my children’: Gendered moral economies, social reproduction and resistance against land grabs in rural Cambodia

Laura T. Raynolds, Annabel Ipsen: Social reproduction in crisis: Gendered labour regimes in agro‐export sectors in Ecuador and Chile

China Sajadian: Reproductive binds: The gendered economy of debt in a Syrian refugee farmworker camp

Danish Khan: Political economy of the ‘agrarian–urban frontier’ in Pakistan: Agrarian transformation, social reproduction and exploitation

Siddharth Chakravarty, Ishita Sharma: Between forests and coasts: Fishworkers on the move in India

Mother Pelican Journal 20 (7)

Rosie Bell & Jamie Bristow: The System Within: Addressing the Inner Dimensions of Sustainability and Systems Transformation

George Tsakraklides: Beyond The Petri Dish: Human Consciousness in the Time of Collapse, Apathy, and Algorithms

Todd Braje: Humans Have Been Altering Nature for Thousands of Years

Cara Judea Alhadeff: Food Equity in Action: Asking Big Questions to Transform Big Tech, Big Pharma, Big Ag

Kurt Cobb: Messy Business: Polluted 'Biosolids' Derail Recycling of Human Waste

Reynard Loki: Should Harming Mother Earth Be a Crime? The Case for Ecocide

Kumbirai Thierry Nhamo: The Human Face of Climate Change

Jack Marley: Why Cheap Renewables Are Stalling

Joyce Chimbi: Explainer: Understanding Carbon Trading and its Rationale

Basav Sen & Jim Walsh: Is Carbon Capture Just Climate Delusion?

Stephen F. Eisenman: The Dangerous Class Consciousness of Donald Trump

Gregg Lavoie: Is Democracy the Right Answer?

Jan Spencer: Taking Paradigm Shift To A Wider Audience ~ Part 2

Sonali Kolhatkar: Biden Should End the Fossil Fuel Industry's Secret Weapon

Sahana Chattopadhyay: Artificial Intelligence, Colonialism, and Water ~ Where 'Development' is Empire-speak for 'Extraction'

Kent Peacock: Two Degrees: Guardrail? Or Guide Rail to Disaster?

Kurt Cobb: Boondoggle Watch: Carbon Capture Great for Making Things Worse

Melissa Kravitz Hoeffner: Food Companies Intentionally Make Their Products Addictive, and It's Leading to Chronic Diseases

Dave Pollard: Delaying Global Economic Collapse: Extend-and-Pretend

Dave Pollard: Are We Communitarian By Nature, or Merely Tribal?

Talley Cross: The Genesis of Patriarchy

Robert Jensen: Radical Feminism and the Failures of the Left

Nandita Bajaj: Making More Babies to Drive Economic Growth

New Political Economy 29 (4)

Sabine Frerichs: The origins of fairness in economic experiments: how evolutionary behavioural economics makes a case for doux commerce

Vegard Tørstad, Jonas Nahm, Jon Hovi, Tora Skodvin & Gard Olav Dietrichson: Economic recessions and decarbonisation: analysing green stimulus spending in Canada and the US

Dania Thafer: State autonomy, economic reform & business elite influence in the GCC

Trissia Wijaya & Kanishka Jayasuriya: Militarised neoliberalism and the reconstruction of the global political economy

Fritz Brugger, Joschka J. Proksik & Felicitas Fischer: The state and the legalisation of illicit financial flows: trading gold in Bolivia

Matthew Sparke & Owain Williams: COVID and structural cartelisation: market-state-society ties and the political economy of Pharma

Kira Gartzou-Katsouyanni: How can public policies facilitate local cooperation? insights from the EU’s wine policy

Paula Rodríguez-Modroño, Astrid Agenjo-Calderón & Purificación López-Igual: A social reproduction analysis of digital care platform work

Carl Death: Narrating transitions to low carbon futures: the role of long-term strategies (LTS) in fossil fuel producing emerging economies

Imogen T. Liu: Private equity firms and industrial policy: elaborating the state-finance nexus in state-led markets

PSL Quarterly Review 77 (309): Special Issue on "The Solow-Pasinetti Debate on Productivity Measurement"

Gabriel Brondino, Nadia Garbellini, Joseph Halevi: On concepts and measures of changes in productivity: A special issue in honour of Luigi Pasinetti

Florencia Romina Sember: The Solow-Pasinetti debate on the measurement of productivity in the light of modern growth theory

Ariel Luis Wirkierman: Conceptualising productivity measurement from a classical perspective

Gabriel Brondino, Facund Fora Alcalde, Miguel Ángel Casaú Guirao: Measuring total labour productivity in the open economy: A proposal

Hernan Alejandro Roitbarg, Francisco Leiva, Joaquin Lucero: Structural analysis of the rise and stagnation of labour productivity in Argentina (2004-2019): A growing subsystems approach

Rethinking Marxism 36 (2)

Jule Goikoetxea: Which Materialism and What Matter? Rethinking Marxism from a Materialist-Feminist Perspective

Stefania Barca: “The Point Is to Change It”: Marxist Feminist Contradictions and Revolutionary Love

Jules Falquet: A French Materialist and Decolonial Perspective on Marxist-Feminist Theories and Struggles Today

Khayaat Fakier, Nora Räthzel & Diana Mulinari: Opening Conversations with Marxist Feminists: A Response to the Symposium on Marxist-Feminist Theories and Struggles Today

Samuel J. R. Mercer: Ecology, Politics, and the Crisis of Marxism

Travasaros Tasos: Social Constructionism: Critical Analysis from a Vygotskian Perspective

Zhuoqun Wang: Living Labor and Social Labor: A Marxian Critique of Immaterial-Labor Theory

Richard Sobel:Is Marx’s Philosophy of Labor Soluble in an Ontology of Life? Michel Henry’s Rereading of Marx

Review of Evolutionary Political Economy 5 (1)

Simon Schairer: The contradictions of unconventional monetary policy as a post-2008 thwarting mechanism: financial dominance, shadow banking, and inequality

Laura Porak & Rouven Reinke: The contribution of qualitative methods to economic research in an era of polycrisis

Chris Reimann: Predicting financial crises: an evaluation of machine learning algorithms and model explainability for early warning systems

Jing Chen & James K. Galbraith: Production: a biophysical and evolutionary theory

Mark Setterfield & Y.K. Kim: How financially fragile can households become? Household borrowing, the welfare state, and macroeconomic resilience

William A. Jackson: Markets as dualistic, semi-decentralized organizations

Keun Lee & Djun Kil Kim: Compressed development, decompression, and diverging convergence in South Korea: which varieties of capitalism in contemporary Korea?

Review of International Political Economy 31 (4)

Ninfa M. Fuentes-Sosa: Veto powers and access capabilities in the design of preferential trade agreements

Stephanie Arnold: Africa’s roads to digital development: paving the way for Chinese structural power in the ICT sector?

Tomaz Mefano Fares: What does the mid-1990s soybean liberalization tell us about the role of foreign investment in China’s rural industrialization?

Saila Stausholm & Javier Garcia-Bernardo: Unfollow the money: mapping the micro agents of international tax

Andrew B. Kennedy: The process of paradigm change: the rise of guided innovation in China

Kristen Hopewell: The (surprise) return of development policy space in the multilateral trading system: what the WTO Appellate Body blockage means for the developmental state

Devin Case-Ruchala: An old, novel idea: introducing G-Pub, an original dataset of public bank formation

Kate Bedford: Taking development for a ride: the World Bank’s research with ride-hailing companies

Jean-Christophe Graz, Jean-Marie Chenou, Carolina Urrego-Sandoval & Sylvain Maechler: Globalize IPE, not just the syllabi! Virtual classrooms interactions and the making of the Atlantic Diagonals glossary

Review of Social Economy 82 (3)

Nabamita Dutta, Lisa Giddings & Russell Sobel: Attitudes towards abortion: what role do educational attainment and cultural traits play?

Maryam Dilmaghani & Margaret Robinson: The blue of the rainbow: queerness and hiring discrimination in blue-collar occupations

Christian R. Proaño, Juan Carlos Peña & Thomas Saalfeld: Inequality, macroeconomic performance and political polarization: a panel analysis of 20 advanced democracies

Steven McMullen: Can baby bonds address the injustice of racial wealth disparities?

Oudom Hean & Nattanicha Chairassamee: The effects of COVID-19 on labor force nonparticipation in the short run: racial and ethnic disparities

Korkut A. Ertürk & Sanchit Shrivastava: Discrimination as social exclusion

Revista de Economía Crítica 37

Vicent Alcántara Escolano, Emilio Padilla Rosa: Relevant sectors in greenhouse gas emissions in Spain: an input-output approach from the perspective of production.

Francisco Javier Braña Pino: Effects and challenges of automation and digitalization. Part I, update.

Francisco Javier Braña Pino: Effects and challenges of automation and digitalization. Part II, consequences and problems arising from digitalisation.

Ángel Martínez González-Tablas: Introduction to the monographic section on Updated vision of globalization.

Ángel Martínez González-Tablas: 2024: trajectory and comprehensive vision of globalization

Xavier Vence: Transformative circular economy and neoliberal (and anthropocene) globalisation in the wake of international extraction-to-waste flows and transport

Manuel Gracia Santos, Mario Rísquez Ramos: The decline of productive globalization?Tensions, actors and governance

Ángel Vilariño Sanz: The hegemony of finance capital in the world economy: 1973-2023.

Carlos Berzosa: International economic organizations as regulators of the world economy and as agents of globalization

Valpy FitzGerald: Towards a new architecture for progressive capital taxation

Óscar Dejuán: Pasinetti, the economy as a dynamic structure driven by learning

Luigi L. Pasinetti: Technical change and industrial system

Revue de la régulation 36

Nicolas Pinsard: The absolutist origin of capitalism. Primitive accumulation and rent in France (14th-17th centuries)

Sylvain Celle: The institutionalisation of the social and solidarity economy in France as a meso-space. A periodisation from a meso-regulationist perspective

Norberto Montani-Martins & Carlos Ocké-Reis: The financialisation of healthcare.An evaluation of the Brazilian healthcare plans (2007-2019)

Yamina Tadjeddine: From the École Polytechnique to the École de la régulation. Michel Aglietta, 1959-1976

William Lazonick, Marie Carpenter & Mustafa Erdem Sakinç: An economist for our times: innovative enterprise, changing industrial leadership and the looting of the US business corporation. An interview with William Lazonick

Science & Society 88 (3)

William I. Robinson: Imperialism, Anti-Imperialism, and Transnational Class Exploitation

Tom Brass: Did Someone Mention Socialism?

Alex Callinicos: The Imperialist System is Still With Us

Steve Ellner: The Unintended and Unfortunate Consequences of Robinson’s “Manichean” Label

Julio Huato: Imperialism: Don’t Let the Trees Keep You from Seeing the Forest

David Laibman: Transnational Capitalist Class Theory: An Assessment

Zhun Xu: Imperialism and Anti-Imperialism in the 21st Century

William I. Robinson: On Imperialism: Reply to the S&S Symposium

Manolis Manioudis and Dimitris Milonakis: Political Economy of Socialism

Travasaros Tasos: Behaviorism, Positivism and Vygotskian Critique

Arthur DiQuattro: On the Possibility of Market Socialism

Socio-Economic Review 22 (2)

Paul Stubbs and Mislav Žitko: Beyond crony capitalism: financialization, flexible actors and private power in transition economies—the case of Agrokor

Jens Beckert: Varieties of wealth: toward a comparative sociology of wealth inequality

Alex Lehr: Looking up and down and round and round: a theoretical–empirical, individual-level analysis of income comparisons

Luna Bellani and others: Social mobility and education policy: a district-level analysis of legislative behavior

Daniel Auer and Lilia Götz: Refugee migration, labor demand and local employment

David de Smalen and others: How much does immigration contribute to national poverty rates? A decomposition analysis for 17 European welfare states

Kim Pernell and Jiwook Jung: Rethinking moral hazard: government protection and bank risk-taking

Bengt Larsson and others: Digital disruption diversified—FinTechs and the emergence of a coopetitive market ecosystem

Anne-Kathrin Kronberg and Anna Gerlach:Off to a slow start: which workplace policies can limit gender pay gaps across firm tenure?

Ida Drange and others: Unionization, licensure and workplace variation in pay inequality between immigrants and natives

Alexander Dobeson and Sebastian Kohl: The moral economy of land: from land reform to ownership society, 1880–2018

Hanna Doose: Losing ground: business power, standardized assets and the regulation of land acquisition taxes in Germany and Sweden

Thomas J Emery and Rok Spruk: Long-term effects of sectarian politics: evidence from Lebanon

Francis Green and others: Work and life: the relative importance of job quality for general well-being, and implications for social surveys

Satoshi Araki and Jeremy Rappleye: Flexibility loss and worker well-being: what happens to job satisfaction when workers lose their telework usage?

Alessandro Di Nallo: Job separation and well-being in couples’ perspective in the United Kingdom

Paloma Péligry and Xavier Ragot: Evolution of fiscal systems: convergence or divergence?

Ruth Braunstein: Toward a cultural sociology of taxation

The European Journal of the History of Economic Thought 31 (1)

Katia Caldari:François Perroux on European integration: “L’application aveugle d’une ‘orthodoxie”

Louise Villeneuve: John Stuart Mill and the art of consumption

Angela Ambrosino, Mario Cedrini & John B. Davis: Today’s economics: one, no one and one hundred thousand

Alice Martini & Luca Spataro: At the origins of the life cycle hypothesis of Franco Modigliani and Richard Brumberg: an attempt at analysis

Gaëtan Le Quang: Why is Hegel still relevant: contract and value in the Philosophy of Right

Gabriel Sabbagh: Le Trosne’s Discours sur l’état actuel de la magistrature and Quesnay’s reaction to it

The Review of Austrian Economics 37 (2)

Akash Miharia, Jan Osborn, Bart J. Wilson: The symbolic work of prices

Gabriel F. Benzecry, Daniel J. Smith: The wisdom of classical political economy in economics: incorporated or lost?

David J. Rapp, Andrea Rapp, Trevor Daher: Opportunity discovery or judgment? Value investing’s incompatibility with Austrian economics revisited

Carlo Milana: Refuting Samuelson’s capitulation on the re-switching of techniques in the Cambridge capital controversy

André Quintas: Am I a good puppet? A review essay of Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy

Alexander W. Craig: Freedom in context: A review essay of The Dialectics of Liberty

Books and Book Series

Human Development and the Path to Freedom: 1870 to the Present. New Approaches to Economic and Social History.

Leandro Prados de la Escosura | Cambridge University Press, 2022

How has human development evolved during the last 150 years of globalization and economic growth? How has human development been distributed across countries? How do developing countries compare to developed countries? Do social systems matter for wellbeing? Are there differences in the performance of developing regions over time? Employing a capabilities approach, Human Development and the Path to Freedom addresses these key questions in the context of modern economic growth and globalization from c.1870 to the present. Leandro Prados de la Escosura shows that health, access to knowledge, standards of living, and civil and political freedom can substitute for GDP per head as more accurate measures of our wellbeing.

Please find a link to the book here.

A History of Capitalist Transformation: A critique of liberal-capitalist reform

by Giampaolo Conte | 2024, Routledge

A History of Capitalist Transformation: A Critique of Liberal-Capitalist Reforms highlights how, since the recent financial crises, the expression ‘liberal reform’ has entered common parlance as an evocative image of austerity and economic malaise, especially for the working classes and a segment of the middle class. But what exactly does ‘liberal reform’ refer to? The research analyzes the historical origins of liberal-capitalist reformism using a critical approach, starting with the origins of the Industrial Revolution.

The book demonstrates that the chief purpose of such reforms was to integrate semi-peripheral states into the capitalist world-economy by imposing, both directly and indirectly, the adoption of rules, institutions, attitudes, and procedures amenable to economic and political interests of capitalist élites and hegemonic states – Britain first, the United States later – between the nineteenth and twenty-first centuries. As such, the reforms became an active tool used to promote social-economical-financial institutions, norms, and lifestyles typical of a liberal-capitalist economic order which locates some of its founding values in capital accumulation, profit-seeking, and social transformation.

This book will be of significant interest to readers on capitalism, political economy, the history of the global economy, and British history.

Please find a link to the book here.

Contradictions of Capitalist Society and Culture Dialectics of Love and Lying

By Raju J. Das | Haymarket Books, 2024

In this sociological examination of love, truth, and hate, Raju J. Das argues that if we are to defeat the hate-politics and post-truth politics, then we must fight for a post-capitalist world that is truthful and caring.

Love and truth are important aspects of culture. Signifying the crisis of capitalist culture in the contemporary world are their opposites, i.e. hate and lying, respectively. There is rampant lying for ideological/political purposes. There is also an increasing absence of genuine love, i.e., love as caring and solidarity, which, under certain conditions, takes romantic forms.

Ideological-political lying is connected to the corruption of love, with its confinement to the private sphere of individuals and consequent isolation from the wider unequal society. This connection is via capitalism. On the one hand, capitalism resorts to ideological-political lying to cover up its contradictions that cause alienation/suffering of the masses. Lying and alienation/suffering are not conducive to genuine love in society. On the other hand, a crisis-ridden capitalism produces the right-wing politics of lying ('post-truth' politics). This is also a politics of hatred (or, 'post-love, or, anti-love') against minorities, democrats and socialists, a politics that is justified by lies about these subjects.

Please find a link to the book here.

Economic Growth and Long Cycles: A Classical Political Economy Approach

By Nikolaos Chatzarakis, Persefoni Tsaliki, Lefteris Tsoulfidis | Routledge, 2024

Contemporary capitalism is characterized by periods of vigorous economic growth and periods of slow or even negative growth. This book draws on the classical political economy approach to consider both economic cycles and economic growth and draw conclusions about the inherent instability of the modern economy. The book shows that the work of the old classical economists (Smith and Ricardo) and Marx is theoretically sound and capable of providing answers to both growth and cycles. It also demonstrates the potential and natural integration of growth and cycles in a single model. The microeconomic foundation of this model is the labor theory of value, which continues with the General Law of Capital Accumulation, the Law of the Falling Rate of Profit, and the movement of the Industrial Reserve Army of Labour. Finally, a dynamic model of growth-cum-cycles is constructed consisting of the evolution and interaction of five key variables, namely, the rate of profit, the propensity to invest in fixed capital, technological change, the reserve army of labour, and the rate of capital devaluation. The analysis demonstrates that economic growth and cycles are not disconnected from each other, as they have been treated in the literature, but rather interdependent aspects of the same evolutionary process of a capitalist economy. This book will interest readers in the history of economic thought, economic growth and development, macroeconomics, and political economy.

Please find a link to the book here.

Feeding the People: The Politics of the Potato

by Rebecca Earle | Cambridge University Press, 2020

Potatoes are the world's fourth most important food crop, yet they were unknown to most of humanity before 1500. Feeding the People traces the global journey of this popular foodstuff from the Andes to everywhere. The potato's global history reveals the ways in which our ideas about eating are entangled with the emergence of capitalism and its celebration of the free market. It also reminds us that ordinary people make history in ways that continue to shape our lives. Feeding the People tells the story of how eating became part of statecraft, and provides a new account of the global spread of one of the world's most successful foods.

Please find a link to the book here.

Handbook on Life Cycle Sustainability Assessment

Edited by Sonia Valdivia and Guido Sonnemann | Edward Elgar, 2024

This Handbook presents the state-of-the-art of Life Cycle Sustainability Assessment (LCSA) practice and provides guidance for its implementation and outlook for future work. Spotlighting sustainability analysts, managers and overall decision-makers from private and public sectors as well as experts in academia, it covers the historical background and current global context for life cycle sustainability assessment, methods and data management advancements.

Highlighting best practices on how LCSA is used for each of the sustainability pillars (environmental, economic, and social) from a life cycle perspective, the Handbook illustrates how results can then be integrated into the decision-making process. Its use of sectoral and policy cases also illustrates the feasibility of using these results when putting in place life cycle sustainability management. Chapters further investigate developments like responsible sourcing and the transition to a circular economy requiring consideration for expanding the uptake of LCSA by global markets, and low- and middle-income countries.

The Handbook on Life Cycle Sustainability Assessment will be an excellent resource for academics and researchers who are interested in both social sciences and natural sciences and engineering. It will also be of great interest to business, professionals and policy makers who are interested in not only the environment but also in important social and economic considerations as we move towards a low carbon and more sustainable future economy.

Please find a link to the book here.

Macroeconomics After the General Theory: Fundamental Uncertainty, Animal Spirits and Shifting Equilibrium in a Competitive Economy

By Angel Asensio | Routledge, 2024

Both Keynes’s General Theory and orthodox economics seek to understand how competitive markets work, but they diverge sharply with respect to the nature and properties of the competitive equilibrium. The reason, as Keynes himself pointed out, is that the General Theory recognises that the future consequences of current decisions are fundamentally uncertain which, contra the orthodox view, radically affects decision-making and the functioning of markets.

This book approaches macroeconomics on the basis of the General Theory, of which a new exposition is offered in the first part, purged of the grey areas that resulted from the context in which it was written, and of the considerable confusion generated for almost a century by the vain attempts of orthodox thinking to integrate such novel ideas in its deficient conceptual framework. The second part aims at extending the conceptual framework to the open economy and considering how uncertainty affects international linkages. The third part proposes an integrated conceptual and formal framework for analysing how changes in the national and international context, including macroeconomic policies, affect an economy.

This new examination of General Theory is a major addition to the literature on Keynes, macroeconomics, economic theory and the history of economic thought.

Please find a link to the book here.

Research Handbook on the Green Economy

Edited by Andrew Jones and Patrik Ström | Edward Elgar, 2024

Outlining how the concepts of green economy and green growth have become the forefront of policy and political debates within the last decade, this compelling Research Handbook investigates the policies and plans that utilise these concepts at both the local and global level to achieve a truly green economy.

Commencing with a review of green economy’s development from the 1980s onwards, the Research Handbook on the Green Economy examines its progression through the 1990s, illustrating the lack of progress in the early years until sustainable development gathered traction in the early 2000s. Taking a theoretical approach to green economy research, this Research Handbook examines recent trends and developments within global industries and sectors including product circulation and manufacturing, alongside green services, construction, renewable energy and tourism. Chapters also discuss the directions and challenges for future research, in particular the concepts of ‘lean’, waste reduction and greenwashing in the green economy.

This timely and fascinating book will be an excellent resource for scholars and researchers in the fields of environmental economics, economic geography, business and management studies, and environmental governance and regulation. The illustrated future strategies highlighted in this Research Handbook will also provide excellent guidance for policymakers at both local and national government levels.

Please find a link to the book here.

The Making of the Modern Corporation: The Casa di San Giorgio and Its Legacy (1446-1720)

by Carlo Taviani | Routledge, 2022

This book traces the origins of a financial institution, the modern corporation, in Genoa and reconstructs its diffusion in England, the Netherlands, and France. At its inception, the Casa di San Giorgio (1407–1805) was entrusted with managing the public debt in Genoa. Over time, it took on powers we now ascribe to banks and states, accruing financial characteristics and fiscal, political, and territorial powers. As one of the earliest central banks, it ruled territories and local populations for almost a century. It controlled strategic Genoese possessions near and far, including the island of Corsica, the city of Famagusta (in Cyprus), and trading posts in Crimea, the Black Sea, the Lunigiana in northern Tuscany, and various towns in Liguria. In the early sixteenth century, in his Florentine Histories (Book VIII, Chapter 29), Niccolò Machiavelli was the first to analyze the relationship between the Casa di San Giorgio’s financial and territorial powers, declaring its possession of territories as the basis of its ascendancy. Later, the founders of some of the earliest corporations, including the Dutch East India Company (1602), the Bank of England (1694), and John Law’s Mississippi Company (1720) in France, referenced the model of the Casa di San Giorgio.

The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.

Please find a link to the book here.

Unequal Development and Capitalism: Catching Up and Falling Behind in the Global Economy

By Adalmir Marquetti, Alessandro Miebach, Henrique Morrone | Routledge, 2024

Unequal development has been a defining characteristic of capitalism, and this was no different during neoliberalism. The book investigates the processes of catching up and falling behind for 40 Asian, 20 Latin American, 18 Central and Eastern European, and 47 African countries from 1970 to 2019. It integrates a historical interpretation of post-World War II capitalism with economic theory and empirical analysis. The interplay between technical change, distribution, and the profit rate, on the one hand, and institutional change, on the other, are combined to explain the dynamics of capital accumulation.

The book provides fundamental lessons for implementing successful development strategies. It concludes with a proposition: in the face of the environmental crisis, underdevelopment can no longer be viewed solely as a national concern but rather as a global challenge that demands international cooperation. Addressing the pressing challenges facing humanity requires a departure from neoliberalism. The pivotal question is whether capitalism can provide a viable path toward environmental sustainability and equitable, democratic economic development for humanity. Alternatively, it may require the demise of capitalism and the transition to a new framework to address the complex problems of the 21st century effectively.

Please find a link to the book here.

Calls for Support

Association for Social Economics is looking for a Midwest Regional Director (voluntary)

The Association for Social Economics (ASE) Nominating Committee is soliciting a volunteer to serve as Midwest Regional Director. This is a 3-year term, starting in January 2025. In addition to serving on the Executive Council, which meets 2-3 times per year on Zoom, the Midwest Regional Director would endeavor to increase ASE’s profile regionally. This usually involves putting together 1-2 ASE-sponsored sessions and submitting them to the Midwest Economic Association meetings or another regional conference. A call for participants can be sent out to ASE members and/or be drawn from the Director’s professional networks. There is a small budget to assist participants with costs of attending the conference. The Nominating Committee needs to submit a nominee to the Executive Council. If approved, the person would run unopposed in an election this Fall (assuming there are no alternative nominations from the membership).

The formal position description is: regional director

3 year term elected by general membership

  1. Arranges sessions on social economics in a particular region. Customarily, the meetings targeted have included those of the Eastern Economics Association, Midwest Economics Association, Western Economics Association, and various European or other national and international associations.
  2. Promotes participation of ASE members in sessions arranged with the various regional economics associations.
  3. Is a voting member of the Executive Council.

These leadership roles are critical to ASE’s ability to fulfill its Aims & Objectives. If you are interested or would like more information, please e-mail nominations to Ellen Mutari (Chair of Nominations Committee): Ellen.Mutari@stockton.edu.