So much for rational agency based on autonomous preferences as viable assumption for a realistic economics. The world in which we live is socially constructed, which is hardly surprising since humans are social animals (homo socialis) more than economic animals (homo economicus). Most are crowd-followers behaving endogenously within the social system they inhabit rather than exogenous agents acting independently of the social system.Stumbling and MumblingOn socially influenced preferences...
Read More »Top 10 Most-read Economic Sociology and Political Economy Posts of 2019 — Oleg Komlik
As 2019 (already) comes to an end, I rounded up the top 10 most-read posts of the year on the Economic Sociology and Political Economy community blog. You are welcome to (re)read and share them. And, let’s try something new, this list are followed by the 10 least-read posts of the year which are surely worth reading.... Economic Sociology and Political EconomyTop 10 Most-read Economic Sociology and Political Economy Posts of 2019Oleg Komlik | founder and editor-in-chief of the ES/PE,...
Read More »Shoring up capitalism — Chris Dillow
This is a good analysis of the political economy of capitalism in general and as it applies specifically to the UK now. The links are important in developing the nuance.Stumbling and MumblingShoring up capitalismChris Dillow | Investors Chronicle
Read More »System Capture 2020: The Role of the Upper-Class in Shaping Democratic Primary Politics — Anthony DiMaggio
The Democratic primary season is upon us, and the party’s candidate list is a useful starting point for assessing the impact of affluence on American politics. Classic works by sociologists of decades past, including C. Wright Mills and G. William Domhoff, posited that U.S. political institutions were captured by elite economic actors, who seek to enhance their own material positions at the expense of the many.... "Class" is a technical term in sociology. It is synonymous with "social...
Read More »Jason Smith — A Workers’ History of the United States 1948-2020
After seven years of economic research and developing forecasting models that have outperformed the experts, author, blogger, and physicist Dr. Jason Smith offers his controversial insights about the major driving factors behind the economy derived from the data and it's not economics — it's social changes. These social changes are behind the questions of who gets to work, how those workers organize, and how workers identify politically — and it is through labor markets that these social...
Read More »Irfan Habib — Karl Marx And His Conception Of History
Good summary of the basic Marxist world view, which Marx got essentially correct in my view. It's what we now call economic sociology/anthropology. In my view also, economic sociologists and economic anthropologists are much closer to getting it right than theoretical economists, most of whom have lost the big picture by overly limiting the scope and scale of their inquiry.NewsClick (India)Karl Marx And His Conception Of History Irfan Habib (Irfan means wisdom, gnosis in Arabic. Habib...
Read More »Business Cycles in the Modern World System: Past, Present and Future
In case anybody is in the area around New York, the Program of the PEWS conference below. Thursday, April 26, 2018 -- 4:30 - 5:20 p.m. Reception in the DiMenna-Nyselius Library Room 107 C 5:20 p.m. Formal Opening of the Conference Library Multimedia Room Welcome: Eric Mielants (Sociology) Katsiaryna Salavei Bardos (Finance) Introduction of Keynote Speakers Dean Greenwald (CAS) Immanuel Wallerstein (Sociology, Yale University) “Cycles Within Structures versus Structural...
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