The Political Economy of Charles E. Lindblom

1978 ◽  
Vol 72 (3) ◽  
pp. 1012-1016 ◽  
Author(s):  
Charles W. Anderson
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Institutional Design ◽  
The Political ◽  
Economic Systems ◽  
Market Mechanisms ◽  
Social Coordination ◽  
Political Economic ◽  
And Control ◽  
Coordination And Control

The consistent theme in Charles E. Lindblom's work is a vision of political economy as constitutional engineering. Lindblom sees the question of institutional design in terms of a mechanical metaphor in which political economic systems are contrived out of relatively simple components. Politics and Markets compares a broad range of capitalist and socialist systems as a means of evaluating market mechanisms and authority structures as instruments of social coordination and control. Lindblom's argument that the privileged power of the corporation poses a problem for liberal market-oriented societies is logically distinct from his case that the corporation fits “oddly” with democratic theory, and the latter may be the more significant theme for further inquiry in political economic theory.

Jean Tirole: The political economy of corporate finance (On the book by J. Tirole “The theory of corporate finance”)

2017 ◽  
pp. 128-141
Author(s):  
N. Ranneva
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Graduate Students ◽  
Corporate Finance ◽  
Critical Review ◽  
The Political ◽  
Institutional Economic ◽  
New Type ◽  
Finance Theory ◽  
Empirical Material

The present article undertakes a critical review of the new book of Jean Tirole, the winner of the 2014 Nobel Prize in Economics, “The theory of cor- porate finance”, which has recently been published in Russian. The book makes a real contribution to the profession by summarizing the whole field of corporate finance and bringing together a big body of research developed over the last thirty years. By simplifying modeling, using unified analytical apparatus, undertaking reinterpretation of many previously received results, and structuring the material in original way Tirole achieves a necessary unity and simplicity in exposition of extremely heterogeneous theoretical and empirical material. The book integrates the new institutional economic theory into classical corporate finance theory and by doing so contributes to making a new type of textbook, which is quite on time and is likely to become essential reading for all graduate students in corporate finance and microeconomics and for everyone interested in these disciplines.

Essays of a “comparatively progressive” economist (On the 150th birth anniversary of Vladimir Geleznoff)

2019 ◽  
pp. 135-145
Author(s):  
Viktor A. Popov
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
The Political ◽  
Russian History ◽  
Working Ability ◽  
Intellectual Inquiry ◽  
History Of

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).

The Idea of a Meaningful Synthesis of Marxist and Non-Marxist Systems of Political Economy as a Mirror of Intellectual Turmoil (About V.T. Ryazanov’s Book «Modern Political Economy: Prospects of Neo-Marxist Synthesis»)

2019 ◽  
pp. 74-98
Author(s):  
A.B. Lyubinin
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Economic Status ◽  
Economic Science ◽  
Objective Reality ◽  
Commodity Production ◽  
Subjective Assessments ◽  
The Subject ◽  
The Difference ◽  
Political Economic

Review of the monograph indicated in the subtitle V.T. Ryazanov. The reviewer is critical of the position of the author of the book, believing that it is possible and even necessary (to increase the effectiveness of General economic theory and bring it closer to practice) substantial (and not just formal-conventional) synthesis of the Marxist system of political economy with its non-Marxist systems. The article emphasizes the difference between the subject and the method of the classical, including Marxist, school of political economy with its characteristic objective perception of the subject from the neoclassical school with its reduction of objective reality to subjective assessments; this excludes their meaningful synthesis as part of a single «modern political economy». V.T. Ryazanov’s interpretation of commodity production in the economic system of «Capital» of K. Marx as a purely mental abstraction, in fact — a fiction, myth is also counter-argued. On the issue of identification of the discipline «national economy», the reviewer, unlike the author of the book, takes the position that it is a concrete economic science that does not have a political economic status.

An Intersectional Approach to the “Mobility Trap” That Ensnares Migrant Youth in China

2020 ◽  
Author(s):  
Xiaorong Gu
Keyword(s):  
Social Sciences ◽  
Social Relations ◽  
Social Institutions ◽  
Urban China ◽  
The Political ◽  
Economic Systems ◽  
Life Chances ◽  
Migrant Youth ◽  
Political Economic

This essay explores the theory of intersectionality in the study of youths’ lives and social inequality in the Global South. It begins with an overview of the concept of intersectionality and its wide applications in social sciences, followed by a proposal for regrounding the concept in the political economic systems in particular contexts (without assuming the universality of capitalist social relations in Northern societies), rather than positional identities. These systems lay material foundations, shaping the multiple forms of deprivation and precarity in which Southern youth are embedded. A case study of rural migrant youths’ ‘mobility trap’ in urban China is used to illustrate how layers of social institutions and structures in the country’s transition to a mixed economy intersect to influence migrant youths’ aspirations and life chances. The essay concludes with ruminations on the theoretical and social implications of the political-economy-grounded intersectionality approach for youth studies.

The Political Economy of Attention

2021 ◽  
Vol 50 (1) ◽  
Author(s):  
Morten Axel Pedersen ◽  
Kristoffer Albris ◽  
Nick Seaver
Keyword(s):  
Political Economy ◽  
Online Publication ◽  
The Political ◽  
Annual Review ◽  
Publication Date ◽  
Moral Concern ◽  
Digital Platforms ◽  
Political Economic

Attention has become an issue of intense political, economic, and moral concern over recent years: from the commodification of attention by digital platforms to the alleged loss of the attentional capacities of screen-addicted children (and their parents). While attention has rarely been an explicit focus of anthropological inquiry, it has still played an important if mostly tacit part in many anthropological debates and subfields. Focusing on anthropological scholarship on digital worlds and ritual forms, we review resources for colleagues interested in this burgeoning topic of research and identify potential avenues for an incipient anthropology of attention, which studies how attentional technologies and techniques mold human minds and bodies in more or less intentional ways. Expected final online publication date for the Annual Review of Anthropology, Volume 50 is October 2021. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.

scholarly journals Toward a Political Economy of ‘Audience Labour’ in the Digital Era

2014 ◽  
Vol 12 (2) ◽  
Author(s):  
Brice Nixon
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Cultural Consumption ◽  
Labour Process ◽  
Digital Era ◽  
Productive Activities ◽  
Labour Exploitation ◽  
Human Labour ◽  
Political Economic

This article contributes to a political economic theory centred on the concept of “audience labour”. First, the previous use of the concept of audience labour is briefly traced and the process of rethinking the concept as the basis of a political economic theory is begun. Second, a theory of the audience labour process is developed, drawing on previous theories of audience activities of cultural consumption as productive activities of signification and adapting Marx’s theory of the human labour process to the audience labour process. Third, a political economy of audience labour is outlined. As a theory of the basic processes through which communicative capital can control and extract value from audience labour, it describes the exploitation of audience labour and accumulation of communicative capital through distribution relationships of rent and interest. Finally, the continuing centrality of audience labour exploitation in the digital era is discussed.

Social-media-weaponised populism and community development

2020 ◽  
pp. 89-108
Author(s):  
Jacques Boulet
Keyword(s):  
Social Media ◽  
Political Economy ◽  
Community Development ◽  
Theory And Practice ◽  
Development Theory ◽  
The Political ◽  
Community Life ◽  
Daily Lives ◽  
Economic Background ◽  
Political Economic

This chapter assesses the resurfacing of populism and its much-discussed and documented adoption and enactment by leaders and citizens. More specifically, it discusses reasons for this (re-)emergence and its effects on people's daily lives and their participation in community life against the wider political-economic background, two areas central to much community development theory and practice. The first question posed is: what is going on with and around people — especially their modalities of 'being' and 'relating' — rendering them more 'prone' to being influenced by populisms and become populisms' 'accomplices'? Second, what role does social media play in this imposition/complicity dialectic? Indeed, social media powerfully invades and interpenetrates all levels and processes of the political economy, of people's everyday experiences and their subjective-affective lives, and they infest the mediating institutions operating 'between' the virtual global and the imperceptible here and now. Finally, a third question is posed: what is the effect of such socially mediated populism on communities and on efforts to (re)develop and maintain them? The chapter concludes with some ideas about ways to resist the (combined) assault of populism and social media and restart the project of democracy.

Economy

2017 ◽  
Author(s):  
Anne Koch
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Public Goods ◽  
Social Relationships ◽  
Economic Systems ◽  
Allocation Of Resources ◽  
Exogenous Factor ◽  
Neoclassical Economic Theory ◽  
Private And Public ◽  
Religious Economies

Religion is in many ways an economic phenomenon and can be analyzed as such. By economy most economists understand systems for the allocation of resources. In this light, this chapter notes various ways in which religious organizations are engaged in sectoral markets and produce private and public goods, entailing products and services. Religion and economy are interdependent and relate to each other in distinct ways across societal subsystems. Economy both permeates religious structures and is a co-system. This is generally studied by political economy: recent moves beyond neoclassical economic theory (which saw culture as an exogenous factor) emphasize the economy’s embeddedness in social relationships and its variation across cultures. The chapter considers ways in which religious phenomena reflect recent changes in capitalist systems and ways in which religious economies function as explicit economic systems.

From Geopolitics to Social and Political Struggle

2017 ◽  
Author(s):  
Dan Schiller
Keyword(s):  
Political Economy ◽  
Structural Changes ◽  
The Political ◽  
Political Struggle ◽  
Economic Relations ◽  
Digital Capitalism ◽  
Accumulation By Dispossession ◽  
Interstate System ◽  
Historical Movement ◽  
Political Economic

This chapter examines some of the larger forces that propelled digital capitalism into what was evidently a fraught future. It first considers how the historical movement of the political economy is shaped both within and beyond a top-down, state-oriented geopolitics before discussing how the onset of the digital depression brought changes to the interstate system, indicative of altering political–economic relations. It then describes attempts by numerous states to multilateralize control of U.S.-centric internet in relation to structural changes in the interstate system and to competing efforts to regenerate the political economy in ways that might capture an outsized share of overall profits for specific units of capital and particular fractions of the capitalist class. It also explains the concept of accumulation by dispossession and concludes with suggestions for resolving the digital depression on terms favorable to capital.

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