scholarly journals Socio-economic Issues in the Theory and Practice of Institutional Christianity

2018 ◽  
Vol 11 (4) ◽  
pp. 83-103
Author(s):  
V. V. SIMONOV
Keyword(s):  
Political Economy ◽  
Theory And Practice ◽  
Russian Orthodox ◽  
Industrial Capitalism ◽  
Current Crisis ◽  
Catholic Theology ◽  
Important Place ◽  
Economic Issues ◽  
Classical Political Economy ◽  
Systemic Crisis

The article outlines the problem of the current crisis of institutional Christianity, which is developing against the backdrop of a systemic crisis of the world economy. In this context, the problems of reducing the mass Christian religiosity of the modern “developed” society, the marginalization of the Christian consciousness, as well as the attempts of the institutional Churches to offer an answer to the current socio-economic issues of the present are considered. The basis for the development of socio-economic teaching of the Roman-catholic theology is provided by a long historical tradition. Its emergence is due to the reaction of the Holy See to the “crisis of faith” associated with the genesis of industrial capitalism. This teaching substantially evolved in time – from classical political economy and trade-unionism through post-industrialism and neo-liberalism in the direction of neo-Keynesianism, while retaining the quite traditional terminological framework of classical political economy. An important place in this took the overcoming of “Catholic Modernism”, on the one hand, and, on the other hand, attempts at institutional reception of a number of phenomena that have arisen within the Church. Russian Orthodox theology passed a more complex and less consistent path in the field under investigation. The genesis and development of industrial capitalism had no real effect on the domestic theological discourse – two or three publications on this subject are an exception. In fact, the first approach to the problem turned out to be the “Outlines of the Social Concept of the Russian Orthodox Church”. The positive potential of its content is connected precisely with the beginning of the path from concept to teaching. Due to a number of reasons, as socio-religious and economic, and conceptual, a system of social initiatives of the ROC is now in the early stages of development.

Before Method and Models

2021 ◽  
Author(s):  
Ryan Walter
Keyword(s):  
Political Economy ◽  
French Revolution ◽  
Theory And Practice ◽  
Intellectual Freedom ◽  
Making Sense ◽  
Classical Political Economy ◽  
Corn Laws ◽  
David Ricardo ◽  
The French Revolution

Before Method and Models offers a revisionist account of political economy in the time of Thomas Robert Malthus and David Ricardo, c. 1790–1823. In contrast to simply assuming that ‘classical political economy’ existed and provides the context for making sense of the writings of Malthus and Ricardo, this book recovers the circumstances that shaped their works. This leads the inquiry into the major political controversies of the time—the Bullion Controversy and the Corn Laws debate—and the texts with which Malthus and Ricardo attempted to intervene into these disputes. The results show that political economy was produced using ready-to-hand concepts and instruments, giving its practitioners great intellectual freedom. Yet political economy was also expected to act as a species of counsel to Parliament and resolve policy questions. In this context, the presumption of Malthus and Ricardo to style themselves as ‘theorists’ who possessed special intellectual capacities that set them above merely ‘practical’ writers attracted hostile responses from their contemporaries. The tenuous position of theory in this period was worsened by the intellectual aftermath of the French Revolution, which enabled the enemies of Malthus and Ricardo to portray their work as theoretical enthusiasm—as the product of undisciplined minds that had succumbed to the pleasures of system, utopia, and fanaticism. The attack and defence of political economy in this setting was conducted with the vocabulary of theory and practice, and the period thus stands as a time when reflection on commerce and politics was conducted without method and models.

scholarly journals Migrant Labour during the Pandemic: A Political Economy Perspective

2021 ◽  
pp. 001946622110212
Author(s):  
Deepak K. Mishra
Keyword(s):  
Political Economy ◽  
Migrant Workers ◽  
Labour Force ◽  
Current Crisis ◽  
Capitalist Development ◽  
Working Classes ◽  
Migrant Labour ◽  
Cheap Labour ◽  
The One

This article aims to analyse the plight of the migrant workers in India during the Covid 19 pandemic from a political economy perspective. While taking note of the disruptions and uncertainties during the drastic lockdown that was announced suddenly, it is argued that the vulnerabilities of the migrant labour force are deeply embedded in the long-term changes in the political economy of development in India. These changes, on the one hand, have resulted in the gradual weakening of state support to the working classes, and on the other, have resulted in the normalisation of ‘cheap labour’ as a legitimate objective of neoliberal capitalist development. Locating the conditions of the migrant working class on the specificities of the manifold restructuring of the Indian economy under neoliberal globalisation, the study attempts to emphasise the structural dimensions of the current crisis faced by the migrant labourers. JEL Codes: J46, J61, O15, O17, P16

scholarly journals Not ‘my economy’: A political ethnographic study of interest in the economy

2021 ◽  
pp. 136914812110070
Author(s):  
Anna Killick
Keyword(s):  
Political Economy ◽  
Low Income ◽  
Ethnographic Study ◽  
Economic Conditions ◽  
Economic Issues ◽  
Political Events ◽  
Low Incomes ◽  
The Rich

Some political economists explain the apparent downplaying of the importance of economic issues in political events such as Brexit with reference to the growing anger or despair people on low incomes feel about the economy. This ‘everyday political economy’ article draws on an ethnographic study conducted between 2016 and 2018 with residents of an English city to explore what people think about the phenomenon of the economy. It reveals significant differences in how interested high- and low-income participants are in the economy and its role as a bedrock for welfare. Low-income participants are more negative about the economy, particularly contesting politicians’ claims that it is distinct from the human sphere, when they view it as controlled by the rich. However, reasoning is based on post-2008 crisis economic conditions, and any lack of interest in the economy may be more calculative and temporary than is often assumed.

scholarly journals François Fénelon: Modern philosopher or conservative theologian?

2021 ◽  
pp. 147488512110020
Author(s):  
Alexandra Oprea
Keyword(s):  
Political Philosophy ◽  
Political Economy ◽  
International Relations ◽  
Early Modern ◽  
Political Thought ◽  
Theory And Practice ◽  
Education Of Women ◽  
Political Philosopher

Ryan Patrick Hanley makes two original claims about François Fénelon: (1) that he is best regarded as a political philosopher, and (2) that his political philosophy is best understood as “moderate and modern.” In what follows, I raise two concerns about Hanley’s revisionist turn. First, I argue that the role of philosophy in Fénelon’s account is rather as a handmaiden of theology than as an autonomous area of inquiry—with implications for both the theory and practice of politics. Second, I use Fénelon’s writings on the education of women as an illustration of the more radical and reactionary aspects of his thought. Despite these limits, the book makes a compelling case for recovering Fénelon and opens up new conversations about education, religion, political economy, and international relations in early modern political thought.

Consumers Preferences, Subsistence and Real Wage

1993 ◽  
Author(s):  
D. Andrews
Keyword(s):  
Political Economy ◽  
Real Wage ◽  
Consumer Preference ◽  
Sharp Contrast ◽  
Index Number ◽  
Neoclassical Theory ◽  
The Real ◽  
Individual Consumer ◽  
Classical Political Economy

In classical political economy, the real wage derives its reality from its association with a given set of products that provides for the subsistence of workers through time. In neoclassical theory the connection between the real wage and a given set of products is broken, because the restriction of workers’ consumption to a particular set of products conflicts with the idea of individual consumer preference. Thus, the ‘reality’ of the real wage in neoclassical theory is grounded differently, in a particular standard of value that can be called an index number standard. The difficulties involved with this construction raise questions about the theoretical adequacy of the notion of real wage itself. In particular, this leads to a conclusion that stands in sharp contrast to the empiricist proclamations of neoclassical theory.

Cameralism as Sonderweg of German Mercantilism?

2021 ◽  
pp. 389-405
Author(s):  
Lars Magnusson
Keyword(s):  
Nineteenth Century ◽  
Political Economy ◽  
Theory And Practice ◽  
The Past ◽  
History Of

In recent years there has been a renewed interest in Cameralism, both as a discourse and as an administrative political economy, in both theory and practice. Attention has been drawn to how Cameralism—defined as thought and practice—should be understood. The aim of this article is to take a step back and focus on the historiography of Cameralism from the nineteenth century onwards. Even though many in recent times have challenged old and seemingly dated conceptualizations and interpretations, they are still very much alive. Most profoundly this has implied that Cameralism most often in the past has been acknowledged as an expression of—German. as it were—exceptionalism to the general history of economic doctrine and thinking.

scholarly journals Redesign or demise of old Developmental States? East Asia in the post-financial crisis of 2008

2020 ◽  
Vol 40 (4) ◽  
pp. 689-711
Author(s):  
Roberta Rodrigues Marques da Silva ◽  
Rafael Shoenmann de Moura
Keyword(s):  
Political Economy ◽  
East Asian ◽  
Developmental State ◽  
Central Feature ◽  
Developmental States ◽  
Institutional Frameworks ◽  
The Us ◽  
Political Economies ◽  
Systemic Crisis ◽  
Developmental Dynamics

ABSTRACT This article investigates comparatively the recent developmental dynamics of four East Asian political economies: Japan, South Korea, Taiwan and China. We analyze how the critical juncture engendered by the systemic crisis of the US subprime impacted on its State capabilities, particularly regarding industrial policy, being mediated by the respective regulatory and institutional frameworks. Additionally, we compare the impacts of the 2008 crisis and the previous Asian regional crisis of 1997. Our findings indicate that State capabilities, associated to the historical construction of a Developmental State, were a central feature to understand the resilience of each political economy.

The Right to Income

1993 ◽  
Author(s):  
D. Baker
Keyword(s):  
Political Economy ◽  
Policy Implications ◽  
Neoclassical Economics ◽  
Labor Theory ◽  
Classical Political Economy ◽  
The Individual ◽  
The Right ◽  
Similar Notion

This paper argues for a right to income based on a conception of the integrity of the individual. It first justifies the argument through the notion of social need developed by Hegel, contrasting that idea with the notion of subsistence in classical political economy and of needs and wants in the neoclassical economics. It then reexamines Locke’s labor theory of property and argues that its intuitive strength actually relies on a similar notion of individual integrity, not on labor pre se. The paper concludes by applying this notion of rightful acquisition of property to the situation of production by capital and explores some policy implications of a right to income.

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