scholarly journals The political economy of state regulation: the case of the British Factory Acts

Author(s):  
Katherine A Moos

Abstract This paper examines the British Factory Acts (enacted 1833–78) to articulate a political economic theory of policy formation. It argues that the British Factory Acts stabilised conditions for both capital accumulation and social reproduction, while perpetuating patriarchal–capitalist relations. Through these Acts, the state intervened in industrial relations to address social coordination problems and overexploitation caused by the incentive structure of firms and households. Overexploitation posed three threats to social reproduction: the deterioration of the health of the working class, the destabilisation of gender norms and patriarchal structures and political mobilisation of the working and middle classes. By conceptualising protective policy as the solution to social coordination problems in the industrial capitalist labour market, this paper builds upon Polanyian insights into the ‘double movement’, with an explicit Marxian theory of exploitation, the classical theory of competition and insights from feminist theories of social reproduction, unwaged labour and the patriarchal–capitalist system.

Author(s):  
Louçã Francisco ◽  
Ash Michael

This book investigates two questions, how did finance become hegemonic in the capitalist system; and what are the social consequences of the rise of finance? We do not dwell on other topics, such as the evolution of the mode of production or the development of class conflict over the longer run. Our theme is not the genesis, history, dynamics, or contradictions of capitalism but, instead, we address the rise of financialization beginning in the last quarter of the twentieth century and continuing into the twenty-first century. Therefore, we investigate the transnationalization of the circuits and processes of capital accumulation that originated the expansion and financialization of the mechanisms of production, social reproduction, and hegemony, including the ideology, the functioning of the states, and the political decision making. We do not discuss the prevailing neoliberalism as an ideology, although we pay attention to the creation and diffusion of ideas, since we sketch an overview of the process of global restructuring of production and finance leading to the prevalence of the shadow economy....


2021 ◽  
pp. 251484862098712
Author(s):  
Carlo Sica

The dire need for an energy transition to mitigate and reverse global warming is inspiring scholars to reexamine political influences on technological systems. The multi-level perspective of the socio-technical transitions framework acknowledges how technological systems are affected by the social and political landscapes where they are built. Energy landscapes literatures elaborate on the socio-technical transitions framework by explaining how the boundaries of landscapes are negotiated in the context of energy transitions. Energy scholars have found that negotiations over the form and purpose of energy landscapes frequently skew in favor of capital accumulation instead of social reproduction. Studies of landscapes in human geography and labor history have shown how the power imbalance energy scholars observed can be corrected by workers and their communities struggling against business owners and the state. Using archival data, I show how U.S. natural gas legislation in the postwar period was intended to limit coalminers’ demands for landscapes of social reproduction. This point matters because the vulnerabilities of industrial capitalism to energy worker organization could be exploited to push for a just and sustainable energy transition like the Green New Deal.


2021 ◽  
pp. 966-981
Author(s):  
Sergey Gennadyevich Kapkanshchikov

The article uses the methodology of systemic global analysis and the theory of systemic cycles of capital accumulation to argue that we are now at a turning point of the modern era in connection with the unfolding change in the dominant world economic order. Based on the methodological approach, within the framework of which there is a hegemonic country and the rest of the world, the forecast regarding the forthcoming multipolarity of the world economy is rejected. Various stages of capital and financial expansion with their inherent, respectively, dirigistic and liberal models of state regulation of the economy are compared to each other. A chronological overview of the Spanish-Genoese, Dutch, British, American and Asian accumulation cycles is presented. The patterns of their change in the course of the formation of new technological structures are revealed. The place of Russia in the process of natural evolution of world economic structures is also identified. The objective and subjective reasons for the longterm hegemony of the United States, as well as factors of the upcoming completion of the American cycle of capital accumulation in the foreseeable future, are revealed. The author outlines the tactics employed by the American authorities to counteract the objective hegemonic cycles. The reasons for the movement of the center of the world economy to the East Asian region are revealed, with the justification of the need for a natural inclusion of Russia in the functioning of the Asian world economic order.


2021 ◽  

Whether driven by developments in plant science, bio-philosophy, or broader societal dynamics, plants have to respond to a litany of environmental, social, and economic challenges. This collection explores the `work' that plants do in contemporary capitalism, examining how vegetal life is enrolled in processes of value creation, social reproduction, and capital accumulation. Bringing together insights from geography, anthropology, and the environmental humanities, the contributors contend that attention to the diverse capacities and agencies of plants can both enrich understandings of capitalist economies, and also catalyze new forms of resistance to their logics.


2016 ◽  
Vol 9 (14) ◽  
pp. 125-144
Author(s):  
Ksenia Smyrnova

This paper follows a comparative approach to the analysis of collective dominance doctrine and practice in the EU and the enforcement practice in Ukraine. The aim of this paper is to assess the compliance of the Ukrainian competition authority’s (AMCU) analysis of the national electricity market with EU law enforcement practice. The latter arises from Ukraine’s wider duty to fulfil its international law obligation to comply with EU competition rules, based on Article 18 of the Treaty establishing the Energy Community also taking into account the interpretative criteria developed in EU case law (according to Article 94 of the Association Agreement between Ukraine and the EU). Article 255 of the Association Agreement, which clearly provides for the use of the principle of transparency, non-discrimination and neutrality when complying with the procedures of fairness, justice and the right of defence, also illustrates the necessity of carrying out research in this field. The paper examines notions such as: the dominance doctrine, market power definition, economic strength and collective dominance in the EU enforcement practice. Special attention is placed on enforcement practice in the electricity market. Since the scrutinised market inquiry constitutes the first investigation into the Ukrainian electricity market, there is no national practice on this issue yet. For this reason, the analysis follows a wide comparative approach towards the principles of collective dominance in the electricity market in Ukraine. The paper concludes that the AMCU’s approach to the regulation of the electricity market in Ukraine confirms the necessity to reform the system of state regulation in the wholesale electricity market and in the market of services for electricity transmission. In order to develop competition in the electricity market, it is also necessary to change the system for tariff and pricing policy formation on the part of the National Energy and Utilities Regulatory Commission of Ukraine and the Ministry of Energy and Coal-Mining Industry of Ukraine. Stressed is also the necessity to follow the approach and criteria of EU competition law with regard to the determination of market dominance. This requirement is stipulated by Ukraine’s international legal obligations arising from Articles 18 and 94 of the Treaty establishing the Energy Community and Article 255 of the Association Agreement between the EU and Ukraine.


2018 ◽  
Vol 32 (3) ◽  
pp. 493-508 ◽  
Author(s):  
Susanne YP Choi

This article examines how male rural-to-urban migrant taxi drivers’ experience of a loss of control over their working conditions and increasing financial insecurity are driven by state regulation and market reorganization of the taxi industry, and their status as second class citizens in urban China. Precarity, as explored in this article, speaks to feelings of disempowerment, a profound sense of livelihood insecurity and a crisis of social reproduction that has resulted from workplace reorganization that marginalizes workers. The findings contribute to the study of precarity and masculinity by first unpacking how masculine identities are built around men’s access to masculine service niches and their control over working conditions in these niches. It then shows how precariousness negates these male workers’ sense of self by simultaneously taking away the control that distinguishes their work from factory employment and female-dominated service jobs; and undermining their capacity to meet the provider norm.


1983 ◽  
Vol 5 (1) ◽  
pp. 136-162
Author(s):  
Robert Boyer

The deepening of the economic crisis in recent years has not failed to arouse lively discussion of the origins of the problem and the stakes involved. Against this background many analyses have been proposed of the labor movement, union strategies, and industrial relations. This is hardly surprising, given the fact that the effects of the crisis have been felt in almost every sphere of society.


2019 ◽  
Vol 53 (5) ◽  
pp. 809-846 ◽  
Author(s):  
Fabio Bulfone ◽  
Alexandre Afonso

Employer organizations have been presented as strong promoters of the liberalization of industrial relations in Europe. This article, in contrast, argues that the preferences of employers vis-à-vis liberalization are heterogeneous and documents how employer organizations in Spain, Italy, and Portugal have resisted state-led reforms to liberalize collective bargaining during the Euro crisis. It shows that the dominance of small firms in the economies of these countries make employer organizations supportive of selective aspects of sectoral bargaining and state regulation. Encompassing sectoral bargaining is important for small firms for three reasons: it limits industrial conflict, reduces transaction costs related to wage-bargaining, and ensures that member firms are not undercut by rivals offering lower wages and employment conditions. Furthermore, the maintenance of sectoral bargaining and its extension to whole sectors by the state is a matter of survival for employer organizations. The article presents rationales for employer opposition to liberalization that differ from the varieties of capitalism approach.


2020 ◽  
pp. 026377582097368
Author(s):  
Erin Torkelson

In this article, I examine normative assumptions about cash transfers as public goods and the lived experience of cash transfers as private debts. Policy makers and social scientists often assume cash transfers are apolitical, value-neutral monetary instruments, which improve upon inappropriate, top-down, universalizing development projects. Instead, I show how cash transfers introduce their own universals, by imagining liberal sovereign subjects, who use credit and financial markets to manage their own financial and developmental needs. I argue that this narrative elides the deep historical and geographical production of racial difference through credit and debt in South Africa’s Western Cape farmlands. I call this phenomenon racial finance capitalism. First, I trace how coloured people have been racialized as debtors for the benefit of capital accumulation across generations. Then, I explore how the contemporary spatial and temporal realities of cash transfer distribution continue to racialize grantees as debtors and dispossess them of their social entitlements. Finally, I demonstrate how grantees draw upon transgenerational experiences of debt to challenge the continued social reproduction of themselves as debtors. Some South African social grantees demand recognition that they are, and have been, net creditors to the nation.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Hiroko Oe ◽  
Yasuyuki Yamaoka

PurposeThis study aims to present a communication model for promoting value co-creation between citizens and policymakers and to draw out proposals on the rationale in implementing nudge effect as well as key policy implications. The paper also revisits the close relationship between information senders and receivers (citizens) from the perspective of “citizen behaviour change” and focuses on the nudge effect, which strengthens the communication skills of policymakers (information senders) and accelerates the behaviour change of citizens (i.e. the recipients of information). Based on the study, the authors propose a conceptual framework to explain the spontaneous incentive structure of citizens.Design/methodology/approachThis study uses a conceptual discussion based on a literature review. It examines the nudge effect on citizen behaviour based on information and communications models and theories. From critical discussions of literature, it proposes an analytical model that focuses on the nudge effect put forward in behavioural economics and takes into account the importance of measures to increase the sensitivity and empathy of the recipients of information.FindingsThe authors revisited the relationship between information senders and receivers from the perspective of citizen behavioural change and focus on the nudge effect, which strengthens the communication power of policymakers and accelerates the behavioural change of citizens (i.e. the recipients of information). According to the study, the authors propose a conceptual framework to explain citizens' spontaneous incentive structure. The dual perspective of policymakers and citizens should be central to the collaboration between citizens and policymakers to enhance the effectiveness of social policies, where the scope and type of value generated and the perspective of social value are essential.Research limitations/implicationsThis paper bridges the interdisciplinary research fields of behavioural economics and social policy. It is hoped that the model proposed in this paper will be an effective discussion framework for relevant researchers and practitioners when considering human resource training and system building related to information dissemination. In addition, it is hoped the model will be an effective tool for deepening discussions on topics that help to facilitate information transfer and communication within organisations.Practical implicationsThe realisation of policy intentions within the core elements of the social policy process, such as the definition of key objectives, policy mechanisms and legislation, are central elements of policy formation and are said to be highly similar across countries. The framework proposed in this study is a valid resource that can be applied in other countries and can be expected to act an effective guidepost for policy makers and other stakeholders engaged in social policy.Originality/valueUp to this point, in examinations of encouraging behavioural change in information recipients, attention has been focussed on the aspect of increasing the sender's ability to transmit information. Interventions, such as increasing the energy of the delivery, increasing the frequency and diversifying the media to make a strong impression on the receiver's consciousness, have been considered and implemented. However, this study suggests that, in addition to such efforts on the part of the sender, it is important to increase the sensitivity and affinity of the receiver to the message as preliminary preparation to receiving it.


Sign in / Sign up

Export Citation Format

Share Document