Editorial Introduction: New Thinking

Mathematical methods are only one moment in a layered process of theory generation in political economy, which starts from Schumpeterian vision, progresses to the identification of relevant abstractions, the development of mathematical and quantitative models, and the confrontation of theories with empirical data through statistical methods. But today the relevant abstract problems of political economy are modified to fit available mathematical tools. The role of empirical research in disciplining theoretical speculation, on which the scientific traditions integrity rests, was undermined by specific limitations of nascent econometric methods, and usurped by ex cathedra methodological fiats of theorists. These developmentssystematically favored certain ideological predispositions of economicsas a discipline. There is abundant room for New Thinking in political economy starting from the vision of the capitalist economy as a complex, adaptive system far from equilibrium, including the development of the theory of statistical fluctuations for economic interactions, redirection of macroeconomics and financial economics from path prediction toward an understanding of the qualitative properties of the system, introduction of constructive and computable methods into economic modeling, and the critical reconstruction of econometric statistical methods.

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Editorial Introduction | Oil and Media, Oil as Media: Mediating Petrocultures Then and Now

MediaTropes ◽

10.33137/mt.v7i2.33699 ◽

2020 ◽

Vol 7 (2) ◽

pp. i-xvi

Author(s):

Jordan Kinder ◽

Lucie Stepanik

Keyword(s):

Media Studies ◽

The Other ◽

Editorial Introduction ◽

Special Issue ◽

Material Turn ◽

Ecological Relations ◽

The One

In this introduction to the special issue of MediaTropes on “Oil and Media, Oil as Media,” Jordan B. Kinder and Lucie Stepanik provide an account of the stakes and consequences of approaching oil as media as they situate it within the “material turn” of media studies and the broader project energy humanities. They argue that by critically approaching oil and its infrastructures as media, the contributions that comprise this issue puts forward one way to develop an account of oil that further refines the larger tasks and stakes implicit in the energy humanities. Together, these address the myriad ways in which oil mediates social, cultural, and ecological relations, on the one hand, and the ways in which it is mediated, on the other, while thinking through how such mediations might offer glimpses of a future beyond oil.

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