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Economic Sociology and Political Economy
ES/PE is the global academic community of researchers, students and practitioners interested in Economic Sociology and Political Economy (run by Oleg Komlik)
ES/PE is the global academic community of researchers, students and practitioners interested in Economic Sociology and Political Economy (run by Oleg Komlik)

Economic Sociology and Political Economy's posts

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BITS & BRIEFS: Piketty and fellow economists // Why #poverty clusters in city’s east // Tax Policy created the 1% // Civil rights and unionism // Consumption, debt, and personal well-being

> Why Are #Economists Giving #Piketty the Cold Shoulder? Piketty questioned the value of having an #economics elite empowered to make policy in the name of the public interest but not answerable to public opinion — by Marshall Steinbaum

> In so many cities, historically and currently, poor districts surprisingly tend to cluster in the east. A study suggests a surprising reason: it’s about air pollution

> The political history of capital gains #tax in the US: boosting the #wealthy and widening the racial #inequality — by Julia Ott

> Decline of Labor, Increase of Inequality. In the wake of the civil rights movement and feminism of the 1960s, an effort started to integrate the race and gender struggles for equal rights with the ethos of trade unionism, but the timing was terrible especially for African-American women — by Rich Yeselson

> Buying Alone: the rise in #consumption and personal #debt is due to an erosion of social and environmental resources, and a fall in people’s well-being — by Stefano Bartolini, Luigi Bonatti and Francesco Sarracino

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That money talks, I’ll not deny,
I heard it once: It said, ‘Goodbye’.
(Richard Armour)
“Yes We Got #Money”, a painting by Klaus Langer

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BITS & BRIEFS: NY Fiscal Crisis and austerity politics // Capitalism v. Nature // Employer is more powerful than a state // On derivatives with Randy Martin // Currency without Central Bank.
>> This time — especially worth reading (and sharing) articles:

> How bankers and technocrats used the 1975 New York Fiscal #Crisis to permanently reshape the city: the early and exemplary case of imposing neoliberal #austerity — an interview with Kim Phillips-Fein, an author of Fear City: New York’s Fiscal Crisis And The Rise Of Austerity Politics

> “#Capitalism is a way of organizing nature… [It looks for] new parts of nature that have not been commodified or brought into the cash nexus” — an interview with Jason W. Moore, an author of Capitalism in the Web of Life

> How did employers gain power over nowadays workers’ lives that the government itself doesn’t hold? Miya Tokumitsu’s insightful reflection on James Livingston’s No More Work and Elizabeth Anderson’s Private Government

> Randy Martin: “Derivatives emerge from the space between the measurable and the immeasurable”. McKenzie Wark analyzes derivatives and their logics through Martin’s intellectual contribution

> The odd case of orphaned #currency: Since 1991 Somali shillings are in circulation without Central Bank — by J.P. Koning

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In the seminal 1909 case, New York Central Railroad argued that as a #corporation it could not be held criminally liable for the unlawful acts of its managers. The US Supreme Court rejected this argument, quoting an incisive passage from a contemporary treatise:
“If, for example, the invisible, intangible essence or air, which we term a corporation, can level mountains, fill up valleys, lay down iron tracks, and run railroad cars on them, it can intend to do it, and can act therein as well viciously as virtuously.” See the full story and reference:

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Dear ES/PE community member, see below an abundant list of great and interesting academic opportunities: 12 calls for papers for conferences and workshops, 6 calls for contributions to journals’ special issues, 3 doctoral scholarships, 2 calls for summer schools, 2 #postdoc positions, a job opening, and a prize for a debut woman writer — in various areas of economic #sociology and #politicaleconomy. Several opportunities are partially funded.
Share this post with your colleagues and students. Good luck!

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#India, Modernity and the Great Divergence – Why the Industrial Revolution and Modern Economic Growth first occurred in England. Bridging the gap between Eurocentrics and reverse-Orientalists to rethink ‘West and the rest’ question and reread #EconomicHistory -- by Kaveh Yazdani

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BITS & BRIEFS: In praise of #cash // Mechanical Turn in economics // Financialization of Higher Education // Economics of racial violence // Decline in manufacturing shapes family structure

> Cashless society is the bank-controlled society. Cash #money is a great public good, important for rich and poor alike — asserts Brett Scott

> The Mechanical Turn in #economics and its consequences. Instead of exploring the inner structure of interest, community feeling, or the impact of culture, these were assumed to be irrelevant to the #market — argues Douglass Carmichael

> The Financialization of Higher #Education: risky swap deals are booming, conflicts of interests are intensifying, while student #debt is increasing — a report by Dominic Russel, Carrie Sloan, Alan Smith

> Economics of racial #violence: lynching, interests, and status anxiety of white US southerners. Megan Ming Francis on the groundbreaking work of Ida B. Wells

> Decline in manufacturing employment is shaping #family structure; When Factory Jobs Vanish, “marriageable” men wane too

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Two overwhelming events occurred on September 15 and 16, 2008. The first is known to all, the second – to the few — but a thread passes between them, showing the fabric of the current socio-economic and cultural system.
>> While some bubbles blow up, others puff up — this is the essence of #finance #capitalism in a nutshell.
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