Rentier capitalism in question

2021 ◽  
pp. 194277862110608
Author(s):  
Kevin Cox

Rentier capitalism is an idea that has been drawing increasing attention. This article identifies the incoherence of the idea and then addresses its weaknesses as a critique of contemporary political economy. In the first place, it derives from a view of capitalism which privileges exchange rather than production. This explains its view of the relation between the monopoly control of assets and competition. While there may indeed be a current tendency to invest in assets, that does not necessarily act as a deadweight on production; rather it can act as an incentive to rationalize the labor process with a view to increasing the extraction of surplus value. It is suggested that one of the ways in which industrial capital accommodates itself to increasing rents, license fees and the like, is through a turn to extracting value in its absolute form; which may in then shed light on the stagnation of wage levels that has accompanied the turn to investing in assets.

KronoScope ◽  
2021 ◽  
Vol 21 (1) ◽  
pp. 7-27
Author(s):  
Carl Humphries

Abstract “Being is said in many ways,” claimed Aristotle, initiating a discussion about existential commitment that continues today. Might there not be reasons to say something similar about “having been,” or “having happened,” where these expressions denote something’s being located in the past? Moreover, if history – construed not only as an object of inquiry (actual events, etc.) but also as a way of casting light on certain matters – is primarily concerned with “things past,” then the question just posed also seems relevant to the question of what historical understanding amounts to. While the idea that ‘being’ may mean different things in different contexts has indisputable importance, the implications of other, past-temporal expressions are elusive. In what might any differences of substantive meaning encountered there consist? One starting point for responding – the one that provides the subject matter explored here – is furnished by the question of whether or not a certain way of addressing matters relating to the past permits or precludes forms of intelligibility that could be said to be ‘radically historical.’ After arguing that the existing options for addressing this issue remain unsatisfactory, I set out an alternative view of what it could mean to endorse or reject such an idea. This involves drawing distinctions and analogies connected with notions of temporal situatedness, human practicality and historicality, which are then linked to a further contrast between two ways of understanding the referential significance of what is involved when we self-ascribe a relation to a current situation in a manner construable as implying that we take ourselves to occupy a unique, yet circumstantially defined, perspective on that situation. As regards the latter, on one reading, the specific kind of indexically referring language we use – commonly labelled “de se” – is something whose rationale is exhausted by its practical utility as a communicative tool. On the other, it is viewed as capturing something of substantive importance about how we can be thought of as standing in relation to reality. I claim that this second reading, together with the line of thinking about self-identification and self-reference it helps foreground, can shed light on what it would mean to affirm or deny the possibility of radically historical forms of intelligibility – and thus also on what it could mean to ascribe a plurality of meanings to talk concerning things being ‘in the past.’


2021 ◽  
pp. 0308275X2110596
Author(s):  
Matthieu Bolay ◽  
Jeanne Rey

This article situates international expatriate schools in their cultural and political economy by drawing attention to the tensions between a cosmopolitan educational ethos and processes of social, economic and legal enclavement. Based on extensive multi-sited ethnographic research in the international school sector, we show how cosmopolitan claims of openness mirror a relative closure and ‘offshore-like’ enclavement. To do so, we build upon the notions of modularity and extractivism, which we use as heuristics to analyse social and spatial practices of defining boundaries. Gazing beyond the main foundational myth of international schools, we first outline their concomitant extractive roots. Second, we shed light on the conditions of international teachers’ circulation worldwide. Third, we examine the territorial entanglements and disentanglements that characterise international schools. Finally, we investigate the tensions induced by a cosmopolitan educational ethos whose discourse of inclusion is inevitably paired with practices of exclusion.


2018 ◽  
Vol 35 (7-8) ◽  
pp. 331-337
Author(s):  
Ben Turner

How should we conceptualise the turn to attention as a means of producing surplus value? Claudio Celis Bueno answers this question through a consideration of the attention economy in the context of a rethinking of Marxist political economy. Bueno accounts for the development of the economisation of attention through the concepts of value, labour and time, but also investigates how the shift to attention requires us to rethink the basis of these terms. Using the attention economy as an example, he develops a method of immanent critique which rejects a-historical understandings of labour, in order to show how the core concepts of Marxist political economy transform across different economic systems. Despite the clarity of this argument, Bueno opens an interesting but unanswered question as to how one transitions from this insight to a positive political project that may not be compatible with immanent critique.


2018 ◽  
Vol 43 (4) ◽  
Author(s):  
Rodrigo Finkelstein

Background This article addresses the question of productive labour in the information sector. Based on Marxian political economy, it provides a critical assessment of Dan Schiller’s (2007) arguments on productive and unproductive labour. Unproductive labour, it argues, is not something a) unnecessary, b) morally inferior, c) outside of a wage relationship, or d) unprofitable. Analysis Following an orthodox Marxian interpretation, this article claims that unproductive labour is a category that revolves exclusively around the concept of surplus value, and that this recognition is vital to understanding the type of labour that takes place in those businesses whose main commodity is information. Conclusions and implications  The article ends with a more sophisticated account of how to apply the category of productive labour to the information sector. Contexte  Cet article traite de la problématique du travail productif dans le secteur de l’information. Sur la base de l’économie politique marxiste, les arguments autour du travail productif et improductif de Dan Schiller ont été évalués de façon critique. Je soutiens que le travail improductif n’est pas quelque chose a) d’inutile b) ni moralement inferieur, c) ni exempt d’un rapport de salaire, d) ni lucratif. Analyse  Suivant une interprétation marxiste orthodoxe, je postule que le travail productif est une catégorie en rapport exclusivement avec la production de plus-value et cette reconnaissance est vitale pour comprendre les types de travaux qui se réalisent dans les secteurs où la principale marchandise est l’information. Conclusions et implications  Pour conclure j’apporte une explication plus sophistiquée pour appliquer la catégorie de travail productif au secteur de l’information.


2019 ◽  
Vol 1 (2) ◽  
pp. 244-266
Author(s):  
Joseph Sung-Yul Park

Abstract Focusing on fansubbing, the production of unauthorized subtitles by fans of audiovisual media content, this paper calls for a more serious sociolinguistic analysis of the political economy of digital media communication. It argues that fansubbing’s contentious position within regimes of intellectual property and copyright makes it a useful context for considering the crucial role of language ideology in global capitalism’s expanding reach over communicative activity. Through a critical analysis of Korean discourses about fansubbing, this paper considers how tensions between competing ideological conceptions of fansub work shed light on the process by which regimes of intellectual property incorporate digital media communication as a site for profit. Based on this analysis, the paper argues for the need to look beyond the affordances of digital media in terms of translingual, hybrid, and creative linguistic form, to extend our investigations towards language ideologies as a constitutive element in the political economy.


2015 ◽  
Vol 59 (1) ◽  
pp. 153-174 ◽  
Author(s):  
JOCELYN PAUL BETTS

ABSTRACTJohn Stuart Mill's support for, and predictions of, co-operative production have been taken as a coherent wedding of liberal and socialist concerns, and as drawing together later nineteenth-century political economy and working-class radicalism. Despite its evident significance, the alliance of political economy and co-operative production was, however, highly conflicted, contested, and short-lived, in ways that help to shed light on the construction of knowledge of society in nineteenth-century Britain. Mill's vision should be seen as developed in contrast to the sociological and historical perspectives of Auguste Comte and Thomas Carlyle, as an attempt to hold together political economy as a valid form of knowledge with the hope of a new social stage in which commerce would be imbued with public spirit. This ideal thus involved debate about competing social futures and the tools of prediction, as well as entering debates within political economy where it was equally embattled. Even Mill's own economic logic tended more towards support of profit-sharing than co-operative production, and hopes for the latter became significantly less persuasive with the introduction of the concept of the entrepreneur into mainstream British economics during the 1870s and 1880s.


2021 ◽  
Vol 3 (S-1) ◽  
pp. 70-76
Author(s):  
Padmavathi R

Morgan found that the adi from of the clans formed on the basis of maternal rights, from which the clans based on paternal rights later developed. In this way we understand that the castes we see among the people who are tired of the ancient Social civilization are based on paternal rights and before that there were Social clans with maternal rights. As important as Darwin’s theory of evolution way in biology and how important Marx’s Philosophy of surplus value was in the field of Political, Economy, so important is the discovery that there was a Primitive maternal right that preceded patriarchy in civilized populations. The Social system that forgot this historical background enslaved the woman. set her aside from production. She was stripped of her rights and made to kneel before the man the began to paint her limbs. Myths about women and literary evidence in written form spilled out of masculine thought. Thus, the women become the most physically vulnerable in the attack on the country. In his poems, he shows the way in which the Tamil community considers activities that are considered sacred and pure. Malati Maitri writes about Social liberation, questioning the sacred practices of sacrifice, family morality, domesticity, motherhood and affection.


Author(s):  
Christine J Neilson

Many libraries have adopted Twitter to connect with their clients, but the library literature has only begun to explore how health libraries use Twitter in practice. When presented with new responsibility for tweeting on behalf of her library, the author was faced with the question “what do other health libraries tweet about?”. This paper presents a content analysis of a sample of tweets from ten health and medical libraries in Canada, the United States, and the United Kingdom. Five hundred twenty-four tweets were collected over 4 one-week periods in 2014 and analyzed using a grounded theory approach to identify themes and categories. The health libraries included in this study appear to use Twitter primarily as a current awareness tool, focusing on topics external to the library and its broader organization and including little original content. This differs from previous studies which have found that libraries tend to use Twitter primarily for library promotion. While this snapshot of Twitter activity helps shed light on how health libraries use Twitter, further research is needed to understand the underlying factors that shape libraries’ Twitter use. Beaucoup de bibliothèques ont choisi d’utiliser Twitter pour communiquer avec leurs clients, mais la littérature a commencé à peine à explorer comment des bibliothèques de la santé utilisent Twitter dans la pratique. Lorsqu’on lui a présenté la nouvelle responsabilité de s’occuper du compte Twitter pour la bibliothèque, l’auteure s’est demandé « qu'est-ce que d’autres bibliothèques de la santé disent sur Twitter ? ». Cet article présente une analyse du contenu d’un échantillon de Tweets de dix bibliothèques médicales au Canada, aux États-Unis et au Royaume-Uni. 524 Tweets ont été recueillis au cours de quatre périodes d’une semaine en 2014 et ont été analysés selon une théorie ancrée afin d’identifier des thèmes et des catégories. Les bibliothèques de la santé incluses dans l’étude paraissent utiliser Twitter principalement comme outil de sensibilisation, se concentrant sur des sujets en dehors de la bibliothèque et l’organisation en général, et comprenant peu de contenu original. Cela se différencie d’autres études qui ont trouvé que les bibliothèques sont enclines à utiliser Twitter principalement pour la promotion de la bibliothèque. Bien que cet aperçu d’activité sur Twitter aide à éclairer la façon dont des bibliothèques l’utilisent, une recherche plus approfondie est nécessaire afin de comprendre les facteurs sous-jacents qui touchent l’usage de Twitter par des bibliothèques.


2021 ◽  
pp. 048661342110272
Author(s):  
Juan Pablo Mateo

This paper addresses Marx’s theory of crisis in order to analyze the Great Recession in Spain, a peripheral economy within the Eurozone. It demonstrates that underlying the problem of the “housing bubble” is an incapacity to generate surplus value, which in turn explains certain particularities related to capital composition, productivity, wages, and finance. The article further carries out a critique of both orthodox and heterodox approaches that focus on (1) profit squeeze caused by labor market rigidities, (2) underconsumption due to stagnant wages, and (3) finances, interest rates, and indebtedness JEL classification: B14, E11, E20, E43, J30


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