scholarly journals Bigger than Bitcoin: A Theoretical Typology and Research Agenda for Digital Currencies

2021 ◽  
pp. 1-17
Author(s):  
Tim Marple

Abstract Currency is the fundamental economic technology that makes promises credible among actors within and across societies. From shells, to metals, to paper, the technology of money has continually evolved to meet the changing needs of human society. The twenty-first century is witnessing yet another evolution in the technology of money: digital currencies. Although political economy scholarship has begun to focus on digital currencies, this research has largely focused on single early examples like Bitcoin. I argue that this generally narrow focus has obscured important degrees of variation among digital currencies and, by extension, has omitted important lines of research on digital currencies as a familiar evolution in the technology of money. In this article, I revisit the history of digital currencies with explicit attention to not only economic inefficiencies but also political power structures and offer a new typology for theoretically organizing digital currencies along dimensions relevant to practitioners of political economy. I illustrate that variation along these typological dimensions produces important differences among different digital currencies and, relatedly, I explore the implications this has for digital currencies’ externalities and governance demands. Drawing on this typology, I conclude with a proposed research agenda for the political economy of digital currencies.

2018 ◽  
Vol 13 (3) ◽  
pp. 214-229
Author(s):  
Aleksandr Shmakov ◽  
Sergey Petrov

Abstract A number of events taking place in the twenty-first century such as mass arrests of members of the Iran President Mahmud Ahmadinezhad's executive office accused of witchcraft make one doubt that witch hunt trials remained in the far Middle Ages. It is religious motives that are usually considered the main reason for anti-witchcraft hysteria. When analyzing the history of anti-witchcraft campaigns we came to the conclusion that in the majority of cases witchcraft was a planned action aimed at consolidating the state power and acquiring additional sources of revenue. By using economic instruments we tried to reveal some general regularities of witch hunt in various countries as well as conditions for this institution to emerge and for ensuring its stability by the state power We show that witch hunt was an instrument of implementing institutional transformations aimed to consolidate the political power or to forfeit wealth by the state power.


2019 ◽  
pp. 135-145
Author(s):  
Viktor A. Popov

Deep comprehension of the advanced economic theory, the talent of lecturer enforced by the outstanding working ability forwarded Vladimir Geleznoff scarcely at the end of his thirties to prepare the publication of “The essays of the political economy” (1898). The subsequent publishing success (8 editions in Russia, the 1918­-year edition in Germany) sufficiently demonstrates that Geleznoff well succeded in meeting the intellectual inquiry of the cross­road epoch of the Russian history and by that taking the worthful place in the history of economic thought in Russia. Being an acknowledged historian of science V. Geleznoff was the first and up to now one of the few to demonstrate the worldwide community of economists the theoretically saturated view of Russian economic thought in its most fruitful period (end of XIX — first quarter of XX century).


2003 ◽  
Vol 47 (1) ◽  
Author(s):  
Christian Zeller

Elements of a geography of capitalism. Despite the variety of new approaches economic geography developed rather one-sided in the past decade. The regional and the firm lenses hardly enabled to recognize how economic processes and political power relations interact on different scales. These empirical deficits also express a restricted theoretical base. The approaches of the new “regional orthodoxy” claim to explain conditions of an improved competitiveness of firms and of regions. However, many socially relevant and spatially differentiated problems are ignored. In contrast, this paper argues for an integrative understanding of the capitalist economy in its historical dynamics and with its reciprocal effects for actors on various scales. In the course of neoliberal deregulation policies and globalization processes, a finance-dominated accumulation regime emerged in the USA which shapes the economy on a global scale. Institutional investors gained decisive control over investments. The political power relations and hierarchies between states remain important. Therefore, the paper suggests a shift of economic geographical research. In the perspective of an integrative geography of capitalism the paper outlines a research agenda of a geography of accumulation, a geography of production as well as a geography of power


Organization ◽  
2021 ◽  
pp. 135050842110612
Author(s):  
Daniel S Lacerda

The spatial imaginations of organisations can be particularly insightful for examining power relations. However, only recently they have gone beyond the limits of the workplace, demonstrating the role of the territory for organised action, particularly in mobilising solidarity for resistance. In this article, I investigate power relations revealed by the political economy of the territory to explain contradictory actions undertaken by organisations. Specifically, I adopt the theoretical framework of the noted Brazilian geographer Milton Santos, who recognises spatial multiplicity and fragmentation while maintaining an appreciation of the structural conditions of the political economy. This perspective is particularly useful for the analysis of civil society organisations (CSOs) in a Brazilian favela (slum), given the context of high inequality perpetuated by the selective flows of urban development. First, I show that the history of favelas and their role in the territorial division of labour explain the profiles of existing organisations. Then, I examine how the political engagement of CSOs with distinct solidarities results in a dialectical tension that leads to both resistance based on local shared interests and the active reproduction of central spaces even if the ends are not shared. The article contributes to the literature of space and organisations by explaining how territorial dynamics mediate power relations within and across organisations, not only as resistance but also as the active reproduction of economic and political regimes.


Author(s):  
Lucia Zedner

This Afterword reflects on the scope, ambitions and achievements of this substantial volume of collected essays. It reflects on the interdisciplinary, cross-jurisdictional and temporal range of the contributing chapters. It seeks to situate them in the longer history of studies of the political economy of crime and punishment, and applauds their collective revitalisation of the field. It explores the ways in which the impressive, international group of contributors explore the complex interactions between inequality, crime and punishment. In particular, it addresses the conceptual and methodological choices made in determining how to measure comparative poverty and prosperity and how to gauge relative punitiveness. The Afterword concludes by exploring promising further areas of enquiry suggested by this remarkable collection.


Author(s):  
Stephen Rippon

In his review of South East Britain in the later Iron Age, Hill (2007, 16) observed that ‘Since the 1980s, little attention has been given to large-scale social explanations and narratives in British Iron Age archaeology. Debates over core–periphery models, the interpretation of hillforts, and the nature of social organization, were—for good reason—eclipsed by a focus on the symbolic meanings of space, structured deposition, and ritual.’ He goes on to argue that British archaeology is in need of more ‘straightforward storyboards’ around which data can be arranged (Hill 2007, 16), and Brudenell (2012, 52) has similarly noted how ‘close-grained understandings have often been won at the expense of broader pictures . . . [and that] with a few exceptions, recent approaches have atomized the study of later prehistoric society, focussing on the specifics of the local social milieu at the expense of broader scales of social analysis’. There have been some ‘big picture’ studies—most notably Cunliffe’s (1974; 1978; 1991; 2005) Iron Age Communities in Britain—but all too often studies of this period have focused on specific counties, types of site, or artefact, and it is noticeable how little systematic mapping of data there was in three recent collections of papers (Gwilt and Haselgrove 1997; Haselgrove and Moore 2007; Haselgrove and Pope 2007). This study, in contrast, aims to shed light on one important ‘storyboard’: the territorial structures within which communities built their landscapes. The written history of Britain begins in the first century BC when we first get insights into its political and territorial arrangements, although as this was a period when the island was becoming embroiled in the political instability caused by the expansion of the Roman world, the trends seen then may not reflect the longer-term patterns of territorial stability or instability that preceded it. In 54 BC, for example, Caesar describes how his major opponents were a civitas (usually translated as ‘tribe’) who had recently surpassed the neighbouring Trinovantes as the paramount group in South East Britain (Gallic War, 20–1; Dunnett 1975, 8; Moore 2011).


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