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On this week’s episode of the Governance Podcast, our Director Prof. Mark Pennington interviews Prof. Will Davies from Goldsmiths, University of London. This episode is titled “How Neo-Liberal are Contemporary Modes of Governance?”
Jenn, Çınla, and Scott discuss a number of recent additions to the literature in history of economic thought and methodology.
If you are interested in reading the papers discussed in this episode, here they are (unfortunately, some may be behind paywalls):
Searching for a Tide Table for Business: Interwar Conceptions of Statistical Inference in Business Forecasting
Laetitia Lenel
History of Political Economy (2021) 53 (S1): 139–174
https://read.dukeupress.edu/hope/article-abstract/53/S1/139/175168/Searching-for-a-Tide-Table-for-BusinessInterwar
Behavioural Insights Teams (BITs) and policy change: An exploration of impact, location, and temporality of policy advice
Ishani Mukherjee and Sarah Geist
Administration and Society, 52(10), 1538-1561
https://journals.sagepub.com/doi/10.1177/0095399720918315
Knowledge, behaviour, and policy: questioning the epistemic presuppositions of applying behavioural science in public policymaking
Magdalena Małecka
Synthese, Volume 199, 5311–5338
https://link.springer.com/article/10.1007/s11229-021-03026-6
Smith and Marx Walk into a Bar is supported by a grant from the History of Economics Society: http://historyofeconomics.org
In this episode, I invited Jennifer Bair and Benjamin Selwyn to share their insights on the World Bank’s 2020 World Development Report. The WDR is the World Bank’s flagship publication, which aims at defining a hegemonic framework for thinking about development. In 2020, the WDR was entitled “Trading for Development in the Age of Global Value Chains”. Jennifer and Benjamin both recently published critical papers on the WDR 2020: We talk about the methodological and theoretical contradictions of the WDR, what it says about the strange non-death of neoliberalism, but also how the Global Value Chain (GVC) concept can be reclaimed by organized labor at a transnational level.
To access the two papers we discuss:
http://sro.sussex.ac.uk/id/eprint/98024/
https://journals.sagepub.com/doi/abs/10.1177/0308518X211006718
You can follow Jennifer's work at:
https://twitter.com/BairJenn
https://sociology.as.virginia.edu/people/profile/jlb5md
To follow Benjamin's work:
https://sussex.academia.edu/BenSelwyn
To read more on the topic:
https://monthlyreview.org/2021/11/01/world-development-under-monopoly-capitalism/
https://onlinelibrary.wiley.com/doi/abs/10.1111/dech.12132
https://www.alainguillot.com/eric-helleiner/ Eric Helleiner is an author and Professor of Political Science and the Faculty of Arts Chair in International Political Economy at the University of Waterloo. His book is The Neomercantilists: A Global Intellectual History. Get the book here: https://amzn.to/3deUQw9
A discussion on global shipping, just-in-time manufacturing, and why fixing the supply chain means rethinking endless growth.
The post Belabored: Supply Chain Chaos, with Charmaine Chua appeared first on Dissent Magazine.
How can we shape our economies in a post-COP, decarbonising world? How can we build a way of exchanging value that actually works in favour of our planet, not against it? Dr James Meadway, former economic advisor to John McDonnell on how redistribution can take place, and how to reshape our political landscape.
Dr Meadway's work has focused on developing viable alternatives to neoliberalism, and has published widely on democratic ownership, environmental economics, and automation and the digital economy.
He was previously economic advisor to John McDonnell when he was Shadow Chancellor, and was chief economist at the New Economics Foundation. He is currently writing a book on the British economy after the 2008 crisis, and appears regularly on broadcast media as a commentator on UK politics.
James holds a PhD in economics from the University of London, masters degrees in economics and economic history, and a BSc in economics and economic history from LSE. He has taught at SOAS, City, Cambridge and Sussex Universities.
In this episode, we explore the repercussions of the COP26 climate talks in Glasgow and how the world might respond - in particular, how we might respond as individuals, and as communities.
Links
James in the New Statesman: Why a green state is not enough to compensate for bad capitalists: https://www.newstatesman.com/ideas/2021/11/is-a-green-state-the-answer-to-the-climate-crisis
James just after the 2019 election: https://novaramedia.com/2019/12/17/labours-economic-plans-what-went-wrong/
Aditya Chakrobortty in the Guardian: https://www.theguardian.com/commentisfree/2021/nov/11/green-new-deal-bad-idea-policy-left-joe-biden-john-mcdonnell
This week, Adele Walton, filling in for Grace Blakeley, speaks with Heidi Chow, executive director at Jubilee Debt Campaign, which works to end poverty, inequality, and exploitation caused by unjust debt. They discuss the neocolonial nature of debt, how debt reproduces global inequality and poverty, the legacy of Thomas Sankara, and more.
You can support our work on the show by subscribing to our Patreon, where you'll get access to full-length versions of the interviews. Thanks to producer Conor Gillies and to the Lipman-Miliband Trust for making this episode possible.
In Economic Thought in Modern China: Market and Consumption, c.1500–1937 (Cambridge University Press, 2020), Margherita Zanasi argues that basic notions of a free market economy emerged in China a century and half earlier than in Europe. In response to the commercial revolutions of the late 1500s, Chinese intellectuals and officials called for the end of state intervention in the market, recognizing its power to self-regulate. They also noted the elasticity of domestic demand and production, arguing in favour of ending long-standing rules against luxury consumption, an idea that emerged in Europe in the late seventeenth and early nineteenth centuries. Zanasi challenges Eurocentric theories of economic modernization as well as the assumption that European Enlightenment thought was unique in its ability to produce innovative economic ideas. She instead establishes a direct connection between observations of local economic conditions and the formulation of new theories, revealing the unexpected flexibility of the Confucian tradition and its accommodation of seemingly unorthodox ideas.
Margherita Zanasi is Professor of Chinese History at Louisiana State University. She has published widely on different aspects of modern China's history, including her first book Saving the Nation: Economic Modernity in Republican China (University of Chicago Press, 2005). She also serves as the editor of the journal Twentieth Century China.
Ghassan Moazzin is an Assistant Professor at the Hong Kong Institute for the Humanities and Social Sciences and the Department of History at the University of Hong Kong. He works on the economic and business history of 19th and 20th century China, with a particular focus on the history of foreign banking, international finance and electricity in modern China. His first book, Foreign Banks and Global Finance in Modern China: Banking on the Chinese Frontier, 1870–1919, is forthcoming with Cambridge University Press.
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In this episode of ACC, Prof. Harvey examines 2 schools of thought within the Marxist tradition, one that focuses on the falling rate of profit, and the other that explores the rising mass. Harvey argues that both schools miss an important contradiction that separates each of them from the other: the role of competition. The coercive laws of competition are crucial for both falling rate of profit and rising mass. He explains why.
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