Derivatives, Money, Finance and Imperialism: A Response to Bryan and Rafferty

2013 ◽  
Vol 21 (2) ◽  
pp. 149-168 ◽  
Author(s):  
Tony Norfield

Abstract This paper contributes to the debate on the role of financial derivatives for capitalism. It responds to Bryan and Rafferty’s defence of their analysis and their critique of my own. The paper argues that their analysis confuses what a financial derivative does, and mixes together different kinds of derivative – and non-derivative – that play very different roles. After detailing these points, the paper discusses the relationship between gold, money and derivatives, rejecting their notion that derivatives are some kind of new ‘commodity money’. An important theme absent from Bryan and Rafferty’s analysis is the relationship of financial trading and derivatives markets to parasitism in the imperialist world economy. To illustrate this, the paper notes advantages enjoyed by the major financial powers – the US and the UK – that are the main centres for the origination of derivatives and for derivatives trading.

Focaal ◽  
2012 ◽  
Vol 2012 (63) ◽  
pp. 51-61 ◽  
Author(s):  
Virginia R. Dominguez

Paradoxes shape the relationship of the US anthropological community to its counterparts elsewhere and require new thinking about leadership that focuses on mutuality, responsibility, reciprocity, and pragmatism. Explored here are some key contradictions I see in ways of looking at the current, past, or plausible role of the US anthropological community and, in particular, the American Anthropological Association and its nearly forty Sections. Marked inequality exists among national and international anthropological organizations in size, finances, journal production, and conference attendance and often in perceived degree of importance, control, vibrancy, or agenda-setting. Yet this intervention argues for ways to mitigate that marked inequality, nonetheless, by refusing a binary us-them conceptualization and emphasizing creative pragmatism, mutuality, and responsibility. Unconventionally it even asks whether US anthropology should lead more in the world of anthropology than it currently does or lead less, and why both are worth exploring.


2004 ◽  
Vol 37 (3) ◽  
pp. 531-559 ◽  
Author(s):  
Stuart N. Soroka ◽  
Christopher Wlezien

Abstract. Work exploring the relationship between public opinion and public policy over time has largely been restricted to the US. However, a wider application of this line of research can provide valuable insights into whether and how representation varies across political systems. This paper takes a step in this direction using a new body of data on public opinion and government spending in Canada. Analyses reveal that the Canadian public notices and responds (thermostatically) to changes in public spending in particular domains, and also that Canadian policymakers represent these public preferences in spending. The extent and nature of public responsiveness and policy representation varies across domains. Relationships are more pronounced in certain domains, and they are more ‘specific’ in some domains and more ‘global’ in others. The findings generally accord with the results of similar work in the US and the UK, although the details differ in important ways. Indeed, the differences are strongly suggestive about the structuring role of institutions.Résumé. Les travaux portant sur la relation entre l'opinion publique et les politiques publiques se sont longtemps limités surtout aux États-Unis. Cependant, l'élargissement de cette piste de recherche peut fournir de précieuses connaissances sur les variations de la représentation au sein des systèmes politiques. Cette étude s'oriente dans cette direction en utilisant un nouveau corpus de données sur l'opinion publique et les dépenses du gouvernement au Canada. Les analyses révèlent que, dans certains domaines, la population canadienne observe les changements liés aux dépenses publiques et y réagit (de façon thermostatique) et que les décisionnaires canadiens traduisent les préférences de la population dans les dépenses. La portée et la nature de la réceptivité de la population ainsi que la représentation des politiques varient d'un domaine à l'autre. Les connexions sont plus étroites dans certains domaines, plus “ spécifiques ” dans d'autres et enfin, plus “ globales ” dans d'autres encore. En général, les résultats sont en accord avec ceux des travaux similaires menés aux États-Unis et au Royaume-Uni, malgré des différences importantes sur certains points de détail. En fait, les différences sont très évocatrices du rôle structurant des institutions.


Author(s):  
Chaitanya Ravi

The US–India nuclear deal, popularly known as the 123 Agreement, announced by George W. Bush and Manmohan Singh on 18 July 2005, was a defining moment in the relationship of the two countries, as also India’s relationship with the non-proliferation regime. The Bush administration’s implied recognition of India’s nuclear weapons, and its abrupt reversal of three decades of sanctions to restore Indian access to nuclear fuel, reactors, and dual-use technologies despite being a non-proliferation treaty non-signatory, led to contentious debates in both India and the USA. A Debate to Remember emphasizes the multifaceted debate in India over the nuclear deal using concepts from science and technology studies. It focuses on the intense contestation over the civil-military mix of India’s separation plan, the competition between the Iran–Pakistan–India pipeline and the nuclear deal, the role of retired nuclear scientists, and the issue of liability that has stalled the full implementation of the nuclear deal. The impact of domestic factors on issues ranging from the civil-military status of breeder reactors to the Indian insistence on no restriction on future nuclear testing in the 123 Agreement is also revealed in this book.


2020 ◽  
Vol 17 (6) ◽  
pp. 76-91
Author(s):  
E. D. Solozhentsev

The scientific problem of economics “Managing the quality of human life” is formulated on the basis of artificial intelligence, algebra of logic and logical-probabilistic calculus. Managing the quality of human life is represented by managing the processes of his treatment, training and decision making. Events in these processes and the corresponding logical variables relate to the behavior of a person, other persons and infrastructure. The processes of the quality of human life are modeled, analyzed and managed with the participation of the person himself. Scenarios and structural, logical and probabilistic models of managing the quality of human life are given. Special software for quality management is described. The relationship of human quality of life and the digital economy is examined. We consider the role of public opinion in the management of the “bottom” based on the synthesis of many studies on the management of the economics and the state. The bottom management is also feedback from the top management.


2019 ◽  
Vol 58 (2) ◽  
pp. 249-259
Author(s):  
Joseph Acquisto

This essay examines a polemic between two Baudelaire critics of the 1930s, Jean Cassou and Benjamin Fondane, which centered on the relationship of poetry to progressive politics and metaphysics. I argue that a return to Baudelaire's poetry can yield insight into what seems like an impasse in Cassou and Fondane. Baudelaire provides the possibility of realigning metaphysics and politics so that poetry has the potential to become the space in which we can begin to think the two of them together, as opposed to seeing them in unresolvable tension. Or rather, the tension that Baudelaire animates between the two allows us a new way of thinking about the role of esthetics in moments of political crisis. We can in some ways see Baudelaire as responding, avant la lettre, to two of his early twentieth-century readers who correctly perceived his work as the space that breathes a new urgency into the questions of how modern poetry relates to the world from which it springs and in which it intervenes.


Author(s):  
Pavel Agapov ◽  
Kirill Stepkin

The article considers the general theoretical foundations of the relationship of sectarianism and religious extremism in the Russian Federation. Practical examples of the role of destructive sects in modern religious extremism in the Russian Federation are given.


2020 ◽  
Vol 63 (4) ◽  
pp. 115-131
Author(s):  
Maria M. Kuznetsova

The article examines the philosophy of Henri Bergson and William James as independent doctrines aimed at rational comprehension of spiritual reality. The doctrines imply the paramount importance of consciousness, the need for continuous spiritual development, the expansion of experience and perception. The study highlights the fundamental role of spiritual energy for individual and universal evolution, which likens these doctrines to the ancient Eastern teaching as well as to Platonism in Western philosophy. The term “spiritual energy” is used by Bergson and James all the way through their creative career, and therefore this concept should considered in the examination of their solution to the most important philosophical and scientific issues, such as the relationship of matter and spirit, consciousness and brain, cognition, free will, etc. The “radical empiricism” of William James and the “creative evolution” of Henry Bergson should be viewed as conceptions that based on peacemaking goals, because they are aimed at reconciling faith and facts, science and religion through the organic synthesis of sensory and spiritual levels of experience. Although there is a number of modern scientific discoveries that were foreseen by philosophical ideas of Bergson and James, both philosophers advocate for the artificial limitation of the sphere of experimental methods in science. They call not to limit ourselves to the usual intellectual schemes of reality comprehension, but attempt to touch the “living” reality, which presupposes an increase in the intensity of attention and will, but finally brings us closer to freedom.


2020 ◽  
Author(s):  
Agnieszka Wykowska ◽  
Jairo Pérez-Osorio ◽  
Stefan Kopp

This booklet is a collection of the position statements accepted for the HRI’20 conference workshop “Social Cognition for HRI: Exploring the relationship between mindreading and social attunement in human-robot interaction” (Wykowska, Perez-Osorio & Kopp, 2020). Unfortunately, due to the rapid unfolding of the novel coronavirus at the beginning of the present year, the conference and consequently our workshop, were canceled. On the light of these events, we decided to put together the positions statements accepted for the workshop. The contributions collected in these pages highlight the role of attribution of mental states to artificial agents in human-robot interaction, and precisely the quality and presence of social attunement mechanisms that are known to make human interaction smooth, efficient, and robust. These papers also accentuate the importance of the multidisciplinary approach to advance the understanding of the factors and the consequences of social interactions with artificial agents.


Author(s):  
Terence Young ◽  
Alan MacEachern ◽  
Lary Dilsaver

This essay explores the evolving international relationship of the two national park agencies that in 1968 began to offer joint training classes for protected-area managers from around the world. Within the British settler societies that dominated nineteenth century park-making, the United States’ National Park Service (NPS) and Canada’s National Parks Branch were the most closely linked and most frequently cooperative. Contrary to campfire myths and nationalist narratives, however, the relationship was not a one-way flow of information and motivation from the US to Canada. Indeed, the latter boasted a park bureaucracy before the NPS was established. The relationship of the two nations’ park leaders in the half century leading up to 1968 demonstrates the complexity of defining the influences on park management and its diffusion from one country to another.


2020 ◽  
Vol 2 (4) ◽  
pp. 126-130
Author(s):  
N. V. SHAMANIN ◽  

The article raises the issue of the relationship of parent-child relationships and professional preferences in pedagogical dynasties. Particular attention is paid to the role of the family in the professional development of the individual. It has been suggested that there is a relationship between parent-child relationships and professional preferences.


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