Reading Interrogations, week 3, February 6, 2018 Parecon vs democratic market socialism. 1. Masoud Movahed

Size: px
Start display at page:

Download "Reading Interrogations, week 3, February 6, 2018 Parecon vs democratic market socialism. 1. Masoud Movahed"

Transcription

1 Reading Interrogations, week 3, February 6, 2018 Parecon vs democratic market socialism 1. Masoud Movahed Last week, we read Erik Wright s Envisioning Real Utopias which was both an incisive diagnosis of the harms of capitalism and an innovative theoretical framework for conceptualizing the goals of social change and the strategies for their realization. This week s reading, however, focuses on the actual nittygritty of organizing economic resources in a post-capitalist economy. In Alternatives to Capitalism, Robin Hahnel and Erik Wight engage in a thoughtful but critical dialogue as to how a post-capitalist economy would look like. Having already produced numerous works of scholarship on alternatives to capitalism, both authors come equipped with deep knowledge of their subject, as scholars as well as practitioners. Since the 1990s, Robin Hahnel and Michael Albert have been designing a participatory economics, where only councils of consumers and workers plan consumption and production, where they coordinate aggregate demand and supply, and where they also in their way resolve the shortcomings by a process akin to learning by doing what Hahnel coined iteration facilitation board. The two authors thus in Alternative to Capitalism present their approaches and critically interrogate them. The book is divided in two main parts: each three chapters long. In the first chapter, Hahnel lays out his model of participatory economics, and Wright presents his critiques of the model in the second chapter. In the third chapter, Hahnel responds to Wright s critiques. The structure of the second part is the same, but with the opposite order. The book does not have an overall conclusion, which would have been interesting to clearly see the areas of convergence and divergence in their views. Wright and Hahnel agree that markets lack efficiency, undermine democratic power of the people, and do not account for negative externalities. Wright disagrees with Hahnel that obliterating markets per se may not be a realistic vision of a viable model in a post-capitalist economy. After all, as Wright himself suggests in chapter 4, markets are still the most efficient means of allocating resources, and that the existing deficits of the markets can be curtailed via vigorously democratic regulations. In the following chapter (p.145) disagrees with Wright arguing that markets are intrinsically inimical to society and environment and that the competitive forces of the market erode solidarity, community and trust. Markets have been implemented at global scale. But is it possible to meet the demands at global scale for 7 billion people through councils? Wright raises serious doubts about the ability of councils to coordinate supply and demand, production and consumption, of such vast variety of goods. The inner-workings and mechanisms of Hahnel s participatory economics model are so reminiscent of the Soviet Union s planned economy, except that it is run democratically. Instead of planners determining what to produce and how much to supply, in Hahnel s model, democratically elected councils of consumers and workers plan consumption and production respectively, and neighborhoods committees (again elected democratically) would have to keep track of people s demands for goods. The first issue that is of utmost significance is that what guarantees that the councils however democratic that undertake production would remain immune to corruption, clientelism, patronage, and patrimonialism? It is now a stylized fact in social science research that even democratic institutions cannot go unscathed from the twin evils of bureaucratic paralysis and institutional patronage. What ensures that workers councils and their functionaries would not opt for concentration of their power during the time that they are in office since they control the supply of goods to their locality? Commented [EOW1]: Note: There is a bit too much straight summary for the purposes at hand. You should just hone in on your question/interrogation, rather than write this kind of general overview. Commented [EOW2]: I don t exactly make the general claim that markets are the most efficient. They are efficient for some kinds of problems and not for others, and almost always for markets to function efficiently requires significant forms of democratic regulation. So the simple statement markets are the most efficient is not precise enough. Commented [EOW3]: This really is nothing like the Soviet model it is radically decentralized as well as democratic. There is almost no role for central planners. This is NOT a central planning model operating under democratic constraints. It is a participatory democratic model which is really entirely different from a centralized model even if the centralized model occurred in a democratic state. Commented [EOW4]: There are basically no functionaries of these councils. Their interconnection is computer mediated rather than coordinated by bureaucrats.

2 Interrogations Soc929, week 3, Parecon 2 Moreover, since in Hahnel s model there would not be any markets, and hence production is virtually immune from market competition, what then guarantees that the goods delivered to people are not poorquality or fewer in numbers? Hahnel argues that twentieth century planned economies did not experience major depressions, or even significant recessions caused by mutually reinforcing disequilibrating forces in markets that all too often go unchecked by sufficient countervailing fiscal and monetary policies in market economies (p.41). But he omits that all those countries that experimented socialist planning constantly faced pent-up demands and shortages and, of course, the goods delivered to people were shoddy. The other issue of importance is investment. Hahnel discussed that the annual participatory planning puts forward an investment plan, but he did not specify where the money for investment would have to come from? (Taxes? National income? National savings?). If the annual participatory planning has to be geared towards raising the level of aggregate investment (which sometimes it would have to be) to make sure that the economy grows sufficiently, then how can we ensure that raising aggregate investment will not come at the cost of lowering consumption? In short, this was a very interesting book to read for me, knowing that adjudicating some of issues raised in the book are extremely complex. 2. Siying Fu Questions: I have two sets of problems regarding the design of participatory planning as an institutional mechanism that embodies democratic egalitarian principle. The first one concerns the extent to which it is actually egalitarian, and the second concerns the role of the state as the regulatory body. I want to first highlight the major virtue that I see in the participatory planning system designed by Professor Hahnel that the negotiations are between councils, not individual people, and council is the smallest unit for all the evaluations of social benefits and social cost. In fact, the worker council proposals embody the principle of from each according to ability, and the consumer council proposals embody that of to each according to need. To adhere to this socialist principle with the unit being a collective body instead of individual person, I think would reinforce community solidarity and normative value. However, an important question is how transparent this process can be practically this leads to my first set of questions. In the first part of this reading, when Professor Hahnel describes the design of participatory planning as an institution, he puts great importance on indicative prices, which seems to be the anchor for everyone when making any plan. In fact, he defines social benefit as quantity of proposed output multiplied by the product s indicative price, and social cost as quantity of proposed inputs for production times the indicative prices of the inputs. Then, the SB/SC ratio becomes the major, if not sole, standard for evaluating a proposal. If I have understood this correctly, then the IFB, whose sole responsibility seems to be determining and releasing the indicative prices for everything, is actually given significant power. I do not remember if Professor Hahnel has proposed a way to check-andbalance that power of the IFB. If this process of determining indicative prices is not 100% transparent and fair and just, the foundation of this entire institutional design would fall apart. Another confusion I have regarding the degree of equality in a participatory economy is, how to ensure power balance between those at the later stage of the process (worker councils that produce more complicated consumer goods) and those at an early stage (worker councils that produce and supply intermediate goods that are used in further production)? As Professor Hahnel implies several Commented [EOW5]: The basic issue you are raising is I think -- about incentives: what incentives are there for producers to produce good quality goods in the absence of specific forms of market rewards. Consumer councils can reject goods, which would then impose costs on the producers. Commented [EOW6]: The planning process is built around inventories of real goods natural resource inputs + intermediate goods (machines, etc.). The issue is how to allocate these real inputs in order to produce the consumption bundles that are proposed by the consumer councils. This is an iterated process, but it does not it does not require councils somehow raising capital. There is then a long-term investment process that articulates to this which is concerned with infrastructure, multi-year capital etc. Commented [EOW7]: The formula from each according to ability, to each according to need is a formula for connecting contributions to rewards. Hahnel s proposal wants to connect rewards to effort levels, not just need and his contribution principle of balance job complexes insists that even very talented people have to do some unpleasant work, so contribution is expected not just on the basis of ability. Commented [EOW8]: Consumption choices are still, fundamentally, made by individuals in Hahnel s system. The consumption plans are submitted by individuals (or households) and reflect individual preferences. The consumer councils are not passing any judgments on these plans; they are merely aligning them with budget constraints based on the performance of effort of by people and the production plans of workers councils. The one way in which there are real collective consumption choices concerns public goods and imposing costs on externalities; but the core consumption decisions of individuals remains grounded in separate individual preferences. Commented [EOW9]: I think this is a case where the basic principle that animates the process are transparent even if the technical algorithms needed to execute the principle might require expertise. The principle is that an indicative price should fully capture the social opportunity cost of using a resource to produce one thing or another. This means it has to embody an estimate of the costs of negative externalities ( social bads if you will). The techniques for making these assessments would be public, and presumably there would be plenty of people trained to understand how this works.

3 Interrogations Soc929, week 3, Parecon 3 times in later parts of the reading, there will be worker councils who rely, for the production of the goods they are responsible for producing, on the supply of some other goods that other worker councils are responsible for producing (for example when he explains his reserved attitude towards innovative projects). Would this not result in power imbalance similar to that produced by today s capitalist supply chain? Would the worker councils producing more complicated goods not have power over those producing the intermediate goods, such as in determining how exactly they want the intermediate goods to be, what the quality of the intermediate goods to be, etc.? Would the former councils also be able to choose between different worker councils producing the same kinds of intermediate goods? An extension to this question how about the possibility of power imbalance among different consumer councils, among different worker councils, and between consumer councils and worker councils? If it is a complicated, entire economy of a society that we are dealing with, I believe the type of product matters crucially for social relations between social units, and there has to be a way to ensure that such relations do no end up dominative and exploitative. I realize I don t have room for my second set of questions, but the main point I want to make is that the participatory planning economy, as described here, does not guarantee to be more fair, just, or efficient, than the current regulated market economy in most parts of the world. Although Professor Hahnel does not seem to want to include government, in its current form, in his envisioned economy, I believe a regulatory and administrative body much like what we call the state today is still necessary in the participatory planning economy. I totally agree with Erik in that the most desirable society should be a hybrid of participatory planning, the market, and the state. I think the state could act as the balance between market or quasi-market forces and participatory planning, to uphold egalitarian principles whenever the market should enter the picture, and make sure it does not bring about the same detrimental inequalities that it is producing in capitalist societies now. I would love to talk more about this on class, if anyone else is interested. Commented [EOW10]: You have identified a number of real problems in the perecon model. The solutions to these issues all make the system more and more market-like. If a council can choose which firm provides a specific intermediate good, then it is hard to see how this would not imply in practice competition for contracts. 3. Maryam Ahmadi Please correct me if I m wrong, but what comes to my mind when thinking about real utopias is a proposal that can be implemented in micro-economic settings and then, through democratic procedures, could turn into a macro-economic entity. The reason why I m concerned with microeconomic settings is that I could think of no other ways for the discourse of real utopias to be actualized considering their marginalized status as compared to hegemonic capitalist ideologies. I m not saying that hegemony inherently blocks the formation of alternatives; rather, it suffocates the dissemination of alternative perspectives. Therefore, without an already functioning micro-economic exemplar, democratic procedures will just reproduce capitalist discourses. Micro-economic settings could provide a down-to-earth referent for the notorious signifier of utopia, and help construct fortresses within the territory of capitalism. This is what I think Robin s participatory planning model lacks. In fact, there is an inconsistency between the ways in which Robin views his project. Whereas he starts by emphasizing the point that his project is not a transition strategy or political program (p. 2), he cannot cover the theoretical holes of the organization of work and pay without making references to the crucial role formal educational and political systems could play in changing minorities to majorities (p. 55). It makes me wonder if it is possible for his model (with special attention to the organization of work and pay) to be implemented in a micro-economic setting right away? If not, is it at all possible to offer a real utopia project without offering a transition strategy? Commented [EOW11]: I think you are correct here that Hahnel does not present a plausible transition model. He does argue that there are all sorts of participatory planning processes that can be introduced incrementally and which in different ways prefigure elements of a parecon system worker cooperatives and municipal participatory budgets, for example, But while these show that participation can work, they really are not partial forms of a parecon planning system. In the end, Hahnel thus does seem to invoke the need for a ruptural break as a condition for implementing parecon.

4 Interrogations Soc929, week 3, Parecon 4 4. Sara If Hahnel were to read the following short critique, I m afraid he would find it especially irksome; I have few misgivings about his specific participatory planning procedure (though I wish he would flesh out processes pertaining to citizen education, facilitation within and among consumer councils, and fostering and maintaining requisite social trust) but find the idea of central planning disagreeable and perhaps even anti-socialist and therefore have trouble entertaining his proposal. I do not reject comprehensive economic planning out of fears of inefficiency or authoritarian impulse (the only two critiques Hahnel mentions); central planning can be efficient and democratic it can even enable the subordination of economic power to social power and still be anti-socialist. Admittedly, perhaps I hold an outmoded view of socialist human flourishing (derived largely from Marx s early writings on species-being detailed in The Economic and Philosophic Manuscripts of 1844 and elsewhere). In a word, I partly measure human flourishing by the possibilities afforded for the pursuit of creative labor the ability to transform nature and to transform oneself in turn. If all labor inputs and consumption estimates are known in advance, this seems to contradict the entire project of the creative application of and pursuit of one s productive capacities. The whole beauty of nonalienated labor as Marx conceives of it is that it is biologically and socially underspecified. Even if workers can propose activity plans (and cook up the sorts of projects they want to engage in that year), they lose the creative potentiality of spontaneous work, or, at least, it is necessarily relegated to a side project. It is hard to envisage a system of central planning that wouldn t constrain our expressive capacities. Freedom from unceasing toil (through rotating jobs) and freedom to structure economic activity according to collective needs and abilities do not automatically translate to robust flourishing. 5. Annaliese Grant When I first began reading about the Parecon system, I was excited/interested in the aspect which seems to transfer consumptive power from how much you produce to how much effort you put in, particularly what this means in terms of disability in society. I started thinking of all the hours of effort I have spent as a caretaker for disabled parents or all of the effort they have to put into things able-bodied people can do easily (things like walking, bending down to pick something up, even getting up from sitting down at times) and how this rewards system for effort might be one way to radically change a system which only rewards being a particular kind of productive in a particularly-functioning economy. However, as I read further, it became more clear that what is meant by effort is not necessarily personal effort to keep oneself alive or going in the world, but still a particularly productive effort. Erik summarizes Hahnel s take on effort when he writes, Robin s proposed solution to the possibility that average workplace effort levels vary significantly across workplaces is to calibrate the average effort in a workplace in terms of what he calls the social benefit to cost ratio of each enterprise (35). There seems to be a focus on workplaces and on the necessity of social benefit when thinking about effort. My question, then, becomes one about how we may fit disability into this model. Is being able to get up on one s own a social good in that it prevents extra effort from others in the community from having to do this labor? Is it still unproductive because it only helps oneself? What happens when someone has depression or anxiety and things that may take little effort for some (like getting out of bed), take others an immense amount of effort? If the efforts of disabled individuals is still effort in a parecon, then how do we prevent effort from becoming just another unequally distributed and unequally rewarded concept like labor? Commented [EOW12]: But Hahnel s model is precisely against central planning. It ends up being comprehensive planning, but not through the operation of a centralized planning apparatus. Commented [EOW13]: All that is planned are the goods and services that are produced for other people s consumption. But producers would still be engaged in creative labor in the bottom-up planning process, the design of goods and services, the alterations of processes of production, etc. I am not sure how the iterated planning process contradicts creative individual activity. Commented [EOW14]: This is a nice way of framing the problem: creative potentiality of spontaneous work. But of course, so long as one is producing in a context of complex interdependencies this will always be an issue. Suppose we had a world of 100% worker cooperatives. They would still have to plan out their production projects looking forward, and this imposes some sort of constraint on pure spontaneity. I think this is why Marx sharply contrast the realm of necessity from the realm of freedom in the latter there is no constraint on creative spontaneity. This suggests a two part problem: 1) how to maximize the realm of freedom; and 2) how to design a system to allow for as much spontaneity and creativity as possible within the realm of necessity. Hahnel s model of balanced job complexes seems pretty good for the latter. Commented [EOW15]: Hahnel s concern here is with the problem of what is the most just way of distributing rewards to people in a society. He objects to the formula to each according to need in producing the goods and services that are to be distributed, since this would mean that people with the same exact needs may exert very different levels of effort for the goods that meet those needs. Hahnel insists that this is unfair to the person who works harder (i.e. the person who works harder to contribute to the total social pie that gets distributed). His effort principle is designed to solve that specific problem. But he also recognizes that there is a valid needs principle, especially since not everyone is able to contribute productive effort (i.e effort in the production of the social pie). Thus he insists that a good society would also distribute part of the pie to people independently of the productive effort to meet their needs. He argues that this is a moral requirement, but not a matter of distributive justice.

5 Interrogations Soc929, week 3, Parecon 5 6. Wendy Y. Li How does one measure social costs? In Robin Hahnel s proposal for participatory economics, measurement by the iteration facilitation board informs every aspect of consumption and production in a community. Hahnel proposes that the IFB quantifies what economists would today call externalities costs or benefits incurred by society, rather than the individual. When policymakers and economists answer critiques of capitalism, they often point to externalities as the source of market failure this is what causes environmental pollution, smoking, or the spread of infectious disease. In public policy orthodoxy, this is where the state comes in to enforce environmental regulations or a carbon market, to enact a pigouvian tax, or to subsidize the production of vaccines. The problem with all of these programs is that externalities are hard to measure. I see no reason why the IFB wouldn t have the same issues. There are some externalities, like pollution, that can be quantified by soil measurements, air particulate indices, or water quality tests. But what about other actions that shape economic behavior? Economic sociologists have documented how some immutable qualities like race and gender affect economic decisionmaking. Furthermore, unless everyone somehow erases their cultural histories, certain religious or normative beliefs will continue to structure economic behavior. How would an IFB measure qualitative, but nonetheless important concepts of social good, such as cultural inclusivity or gender equity in the workplace, or social ill, such as toxic masculinity or beauty standards? Furthermore, the act of measuring is itself a mechanism to exercise power. Assuming that we are operating under limited resources and time, some things will get measured, while others won t. Who gets to decide what is measured? A main critique in the field of feminist economics is the problem of measuring subjective, but important components of women s quality of life. Of course, this measurement problem doesn t only extend to women s issues, but these problems seem to manifest most strongly here, because the way we conceive of measurement is still highly patriarchal. For example, development economists often use basic indicators of educational achievement or health outcomes to assess the efficacy of a project. But these indicators fail to measure other important questions- what did these women study in school? Did their experiences in school give them greater agency in adulthood, or did their education confine them to a specific way of life? Does the fact that a woman may seem physically healthy reflect other aspects of health (mental, emotional)? Even if she has access to menstrual products, does she experience pain or stigma when menstruating? Even if she had healthy pregnancies free of complication, was she also able to control when and with whom she had children? These are difficult questions to answer, let alone measure. But they are crucial to assessing the social costs and benefits of any policy proposal. 7. Jesse Benn I am not sure that in all details I fully understand the operation of the participatory planning mechanisms that are at the core of Robin s model. I have read Robin s opening contribution and the relevant chapters in the book numerous times, as well as Michael Albert s book Parecon and a few other discussions of these issues, but nevertheless there are parts of the exposition which, for me anyway, remain unclear. I have not been able to develop an intuitive understanding of how all of this actually works, how all of the pieces fit together, and especially why the proposed institutional design eliminates all perverse incentives so that everyone provides perfect information to everyone else, thus making the system invulnerable to opportunism by individuals or groups. p. 15 This was where reading the first chapter left me as well, and by the end of the book I can t say I was much further along to really picturing how this transformed society rooted in participatory Commented [EOW16]: You have identified a critical problem: The externalities-measurement problem is really fundamental to any project fort economic democracy, not just the specific parecon formulation. Everyone knows that pure markets cannot translate externalities, positive or negative, into prices. Pigouvian taxes taxes that are set in such a way as to equal the social costs of a negative externality are one way of implementing a correction, but of course this is meaningless unless one can properly measure the social costs. Here is where Parecon does have a kind of novel proposal although I think it is still pretty hard to really figure out how it would actually work. Basically, people are asked in their status as members of consumer federations, not as isolated persons how much they need to be paid to accept the negative externality (say pollution). This is negotiated through some sort of participatory deliberative democratic process. Given the egalitarian background conditions, this respects the tradeoffs people have for wanting more consumption but accepting more pollution. I suppose the same thing would operate for positive externalities in terms of subsidy transfers to producers: both negative and positive externality costs would be termed through the iterated planning processes in which people put in proposals for how much of any positive or negative externality they accept in their consumption plan.

6 Interrogations Soc929, week 3, Parecon 6 budgeting/(planning) would look in practice. How can we help people better imagine real utopias like participatory budgeting/(planning) by putting the idea of how it will work in more evocative and understandable terms? It seems like there s a necessary emotional component here needed to motivate people (both away from their allegiance to the current system and toward alternatives) how can we better incorporate that element into our analysis? Maybe fictive literature works better than straight social science in this regard is there a way to better walk the line between the two? Two other points that seem worth discussing. 1. There s only one mention of disability in the book as far as I can tell (p. 16). The focus on workers seems exclusionary for those unable to work for various reasons, so some more discussion on how any transformed society will empower people outside the workforce would be useful. 2. Relatively few people today - even those who still work within the Marxist tradition - feel confident that capitalism will destroy itself. - Alternatives To Capitalism: Proposals For A Democratic Economy (Kindle Locations ). New Left Project. Is this true? It seems like in combination with climate change capitalism is destined to destroy itself and the rest of the world with it. In this regard it seems like ruptural strategies for transformative change might be more relevant as ruptural change seems to be coming one way or another. If this is the case, it seems like a strategy combining interstitial strategies with ruptural strategies might be a better focus than the combination of interstitial and symbiotic strategies. In other words, would we be better off working to build alternatives to the state in preparation for the downfall/transition climate change will eventually impose, rather than working to institutionalize interstitial changes via the state? 8. Youbin Kang The debate between Wright and Hahnel on planning and market mechanisms proceed in different ways. While Hahnel argues for participatory planning procedures through worker and consumer councils, Wright is a proponent for market mechanisms with conditions about costs of externalities in price of goods that consumers purchase personally, and deliberative models for public goods. Wright s argument is more convincing in his discussion of the dangers, bureaucratic costs, and lack of clarity underlying the control of private consumption. On the other hand, comparing this to the public sector, Wright introduces an important distinction between public goods connected to people as consumers and public goods that are linked to their status as citizens. (p.23). Wright s discussion and distinction between private and public goods raises consequences and questions about employment and wages in the private and public sector. He proposes a universal basic income and a same hourly pay deliberated by councils, but I found it unclear how this might work given the different governance system in the private and public system. Changes in wages for private sector workers may have immediate consequences for the competitive advantages of the market-based arrangement, but state workers face conditions in which the governing body (whether workplace councils or a centralized institution) is relatively freer to set wage levels because they have more control. Strong incentives exist to maintain high employment levels in the public sector, especially in times of underemployment created by the parallel market economy, in the private sector. These dynamics create the incentives for public sector workers to increase wages above market wage levels. In Erik s formulation how would Commented [EOW17]: Of course, if the negative externality of capitalism on the environment destroys the rest of the world it would destroy capitalism, but short of full-blown apocalypse, I am not sure why environmental devastation would actually destroy capitalism. It could destroy the neoliberal form of capitalism without destroying capitalism. An authoritarian for of statist capitalism would seem a possible alternative. Now, it could be that the kind of intense general political and economic crisis that climate change will generate could provide a context for anticapitalist political forces to struggle for state power. But this still doesn t show that if they gained power over the state they would be able to accomplish a ruptural transformation of the system that would be the basis for an emancipatory alternative. Hahnel thinks that under those conditions a system rupture could provide parecon. I m skeptical that this is a plausible institutional outcome of such a crisis-induced ruptural opportunity. Commented [EOW18]: Do you mean alternatives to the state here, or alternatives to capitalism?

7 Interrogations Soc929, week 3, Parecon 7 employment and wage concerns be different between private and public sector? Is the parecon public sector to be designed to absorb private sector underemployment? Would UBI mitigate market mechanisms? Or are the two different labor markets fine as is without creating any serious consequences for inequalities? 9. Maryanne Schiffman I was really struck by this statement from Robin: By the late 1960 s most Cubans believed that those who had the good fortune to receive more education owed society more, rather than being owed more by society (56, fn 35). This illustrates a subtext running through the debate, that although changes in attitudes are required to transform economic structures to create more just societies, it is also true that more egalitarian structures themselves can change attitudes, which in turn can transform behaviors, creating more just societies. I wonder then, what the psychological domino effect of a Parecon labor compensation system would be on the social value ( prestige ) associated with currently underpaid and disparaged work now relegated to immigrants -- and what ramifications this would have for our societies. For example, would the burdenbased compensation and/or extra recruitment remuneration principles that would certainly increase the pay of those who harvest our food affect the viability of our current food production systems? Would these increased labor costs force a transformation in the way we produce food, perhaps to hydroponics or an entirely cooperative system of farming? And would setting compensation for agricultural work equal to -- or higher than -- pay for other jobs increase the attraction of being a harvest worker such that people would want to become cooperative farmers instead of lawyers? This two way relationship of structure to mindset/behavior might also inform the problem of the size 6½ purple women s high-heeled leatherless shoe with a yellow toe (40) in that, as production is transformed to a more need-oriented design, and with people having their basic needs met (and being allowed to flourish), perhaps consumers will not think it so important to have every color of shoe available to them at a moment s notice, and will be happy to choose from the color of shoes that are available. Finally, the idea that structure can change attitudes and behavior supports Erik s argument for a strategy that combines interstitial and symbiotic transformation to prefigure more comprehensive alternatives and move us in the direction of those alternatives (89), as well as Robin s argument that any reform can be fought for in ways that make further progress more likely (95). For this reason it seems somewhat ironic to me that Robin argues Those who foolishly root for worsening conditions because they believe it will drive people to rebel more quickly are prime examples of radicals who have failed to learn this important lesson. Those who capitalism victimises learn quickly to despise any who display this attitude, as they should. (95, fn. 54) This makes me wonder what Robin thinks about the (horrifying but potentially) transformative potential of the Trump presidency. Aren t we now seeing a whet[ing] [of] reformers appetite for more economic democracy, more economic justice, and more environmental protection than capitalism can provide similar to that which he lauds in reformist campaigns (95)? The above statement fails to acknowledge (but perhaps he discusses elsewhere) that there is arguably a spectrum of worsening conditions that can drive people to rebel more quickly, and that sometimes the more comfortable in society have to have a fire lit under their butts to move forward. Commented [EOW19]: You are certainly correct that in a market socialist system where there is a labor market there will be complex issues for private sector wage determination. This would be the case even if all firms were cooperatives of one sort or another. My general view is that the normative ideal would be a UBI baseline for everyone with an effort-based earnings differential on top of that, rather than a talent-based differential on top. But market pressures will tend to generate talent differentials in addition to effort-differentials. It is unclear what would be the best mechanisms to mute these inegalitarian effects. Some combination of wage compression plus sharply progressive taxes are probably the best that can be done. A full-blown effort-wage system as proposed by Hahnel is unlikely to be stable. Commented [EOW20]: I burden-based wage structure will certainly make toilsome jobs more attractive. In your example, however, you invoke two shifts: a change in the remuneration to the laboring activity in farming, and a change in the social relations (this is suggested by the word cooperative). I am sure that there are some lawyers who would choose to be farmers if they could make a decent living at farming, but who would not want to be harvest workers even if they could make a good living at it. Commented [EOW21]: Or, perhaps, for certain key consumer goods, there would be more instances of customized made-to-order products. This is already happening to some extent because of reduced production times for some goods.

Comments by Nazanin Shahrokni on Erik Olin Wright s lecture, Emancipatory Social Sciences, Oct. 23 rd, 2007, with initial responses by Erik Wright

Comments by Nazanin Shahrokni on Erik Olin Wright s lecture, Emancipatory Social Sciences, Oct. 23 rd, 2007, with initial responses by Erik Wright Comments by Nazanin Shahrokni on Erik Olin Wright s lecture, Emancipatory Social Sciences, Oct. 23 rd, 2007, with initial responses by Erik Wright Questions: Through out the presentation, I was thinking

More information

Notes from discussion in Erik Olin Wright Lecture #2: Diagnosis & Critique Middle East Technical University Tuesday, November 13, 2007

Notes from discussion in Erik Olin Wright Lecture #2: Diagnosis & Critique Middle East Technical University Tuesday, November 13, 2007 Notes from discussion in Erik Olin Wright Lecture #2: Diagnosis & Critique Middle East Technical University Tuesday, November 13, 2007 Question: In your conception of social justice, does exploitation

More information

Sociological Marxism Volume I: Analytical Foundations. Table of Contents & Outline of topics/arguments/themes

Sociological Marxism Volume I: Analytical Foundations. Table of Contents & Outline of topics/arguments/themes Sociological Marxism Volume I: Analytical Foundations Table of Contents & Outline of topics/arguments/themes Chapter 1. Why Sociological Marxism? Chapter 2. Taking the social in socialism seriously Agenda

More information

Sociological Marxism Erik Olin Wright and Michael Burawoy. Chapter 1. Why Sociological Marxism? draft 2.1

Sociological Marxism Erik Olin Wright and Michael Burawoy. Chapter 1. Why Sociological Marxism? draft 2.1 Sociological Marxism Erik Olin Wright and Michael Burawoy Chapter 1. Why Sociological Marxism? draft 2.1 From the middle of the 19 th century until the last decade of the 20 th, the Marxist tradition provided

More information

ENVISIONINGREALUTOPIAS

ENVISIONINGREALUTOPIAS ENVISIONINGREALUTOPIAS Erik Olin Wright University of Wisconsin Madison May, 2012 FOUNDATIONAL EMPIRICAL CLAIM: Many forms of human suffering and many deficits in human flourishing are the result of existing

More information

CHAPTER 19 MARKET SYSTEMS AND NORMATIVE CLAIMS Microeconomics in Context (Goodwin, et al.), 2 nd Edition

CHAPTER 19 MARKET SYSTEMS AND NORMATIVE CLAIMS Microeconomics in Context (Goodwin, et al.), 2 nd Edition CHAPTER 19 MARKET SYSTEMS AND NORMATIVE CLAIMS Microeconomics in Context (Goodwin, et al.), 2 nd Edition Chapter Summary This final chapter brings together many of the themes previous chapters have explored

More information

The Way Forward: Pathways toward Transformative Change

The Way Forward: Pathways toward Transformative Change CHAPTER 8 We will need to see beyond disciplinary and policy silos to achieve the integrated 2030 Agenda. The Way Forward: Pathways toward Transformative Change The research in this report points to one

More information

Differences and Convergences in Social Solidarity Economy Concepts, Definitions and Frameworks

Differences and Convergences in Social Solidarity Economy Concepts, Definitions and Frameworks Differences and Convergences in Social Solidarity Economy Concepts, Definitions and Frameworks RIPESS (Intercontinental Network for the Promotion of the Social Solidarity Economy) offers this working paper

More information

Towards Sustainable Economy and Society Under Current Globalization Trends and Within Planetary Boundaries: A Tribute to Hirofumi Uzawa

Towards Sustainable Economy and Society Under Current Globalization Trends and Within Planetary Boundaries: A Tribute to Hirofumi Uzawa Towards Sustainable Economy and Society Under Current Globalization Trends and Within Planetary Boundaries: A Tribute to Hirofumi Uzawa Joseph E. Stiglitz Tokyo March 2016 Harsh reality: We are living

More information

Community Economy. Theory and Background Information

Community Economy. Theory and Background Information Community Economy Theory and Background Information Community economy theory is a framework for understanding diverse economic activities. This framework provides a broader perspective on our interdependent

More information

The Future Direction of Economic Restructuring

The Future Direction of Economic Restructuring The Future Direction of Economic Restructuring By David M. Kotz Department of Economics University of Massachusetts dmkotz@econs.umass.edu June, 2009 The Future Direction of Economic Restructuring, June,

More information

Economic Assistance to Russia: Ineffectual, Politicized, and Corrupt?

Economic Assistance to Russia: Ineffectual, Politicized, and Corrupt? Economic Assistance to Russia: Ineffectual, Politicized, and Corrupt? Yoshiko April 2000 PONARS Policy Memo 136 Harvard University While it is easy to critique reform programs after the fact--and therefore

More information

MEMORANDUM. To: Each American Dream From: Frank Luntz Date: January 28, 2014 Re: Taxation and Income Inequality: Initial Survey Results OVERVIEW

MEMORANDUM. To: Each American Dream From: Frank Luntz Date: January 28, 2014 Re: Taxation and Income Inequality: Initial Survey Results OVERVIEW MEMORANDUM To: Each American Dream From: Frank Luntz Date: January 28, 2014 Re: Taxation and Income Inequality: Initial Survey Results OVERVIEW It s simple. Right now, voters feel betrayed and exploited

More information

BASIC INCOME AS A SOCIALIST PROJECT 1

BASIC INCOME AS A SOCIALIST PROJECT 1 BASIC INCOME AS A SOCIALIST PROJECT 1 Erik Olin Wright 2 Most discussions of basic income revolve around two clusters of issues: first, the normative implications of basic income for various conceptions

More information

Social Dimension S o ci al D im en si o n 141

Social Dimension S o ci al D im en si o n 141 Social Dimension Social Dimension 141 142 5 th Pillar: Social Justice Fifth Pillar: Social Justice Overview of Current Situation In the framework of the Sustainable Development Strategy: Egypt 2030, social

More information

The Marxist Critique of Liberalism

The Marxist Critique of Liberalism The Marxist Critique of Liberalism Is Market Socialism the Solution? The ruling ideas of each age have ever been the ideas of its ruling class. What is Capitalism? A market system in which the means of

More information

I. Normative foundations

I. Normative foundations Sociology 621 Week 2 September 8, 2014 The Overall Agenda Four tasks of any emancipatory theory: (1) moral foundations for evaluating existing social structures and institutions; (2) diagnosis and critique

More information

China s Response to the Global Slowdown: The Best Macro is Good Micro

China s Response to the Global Slowdown: The Best Macro is Good Micro China s Response to the Global Slowdown: The Best Macro is Good Micro By Nicholas Stern (Senior Vice President and Chief Economist of the World Bank ) At the Global Economic Slowdown and China's Countermeasures

More information

Macroeconomics and Gender Inequality Yana van der Meulen Rodgers Rutgers University

Macroeconomics and Gender Inequality Yana van der Meulen Rodgers Rutgers University Macroeconomics and Gender Inequality Yana van der Meulen Rodgers Rutgers University International Association for Feminist Economics Pre-Conference July 15, 2015 Organization of Presentation Introductory

More information

Marrakech, Morocco December 2003

Marrakech, Morocco December 2003 Introduction Bridging Research and Policy: A Workshop for Researchers, at the 10th Annual ERF Conference Marrakech, Morocco December 2003 This is a brief report on the Bridging Research and Policy Workshop

More information

And so at its origins, the Progressive movement was a

And so at its origins, the Progressive movement was a Progressives and Progressive Reform Progressives were troubled by the social conditions and economic exploitation that accompanied the rapid industrialization and urbanization of the late 19 th century.

More information

Promoting equality, including social equity, gender equality and women s empowerment. Statement on behalf of France, Germany and Switzerland

Promoting equality, including social equity, gender equality and women s empowerment. Statement on behalf of France, Germany and Switzerland 8 th session of the Open Working Group on Sustainable Development Goals, New York, 3.-7.2.2014 Promoting equality, including social equity, gender equality and women s empowerment Statement on behalf of

More information

Grassroots Policy Project

Grassroots Policy Project Grassroots Policy Project The Grassroots Policy Project works on strategies for transformational social change; we see the concept of worldview as a critical piece of such a strategy. The basic challenge

More information

This fear of approaching social turmoil or even revolution leads the middle class Progressive reformers to a

This fear of approaching social turmoil or even revolution leads the middle class Progressive reformers to a Progressives and Progressive Reform Progressives were troubled by the social conditions and economic exploitation that accompanied the rapid industrialization and urbanization of the late 19 th century.

More information

Running Head: POLICY MAKING PROCESS. The Policy Making Process: A Critical Review Mary B. Pennock PAPA 6214 Final Paper

Running Head: POLICY MAKING PROCESS. The Policy Making Process: A Critical Review Mary B. Pennock PAPA 6214 Final Paper Running Head: POLICY MAKING PROCESS The Policy Making Process: A Critical Review Mary B. Pennock PAPA 6214 Final Paper POLICY MAKING PROCESS 2 In The Policy Making Process, Charles Lindblom and Edward

More information

SOCIAL CHARTER OF THE AMERICAS. (Adopted at the second plenary session, held on June 4, 2012, and reviewed by the Style Committee)

SOCIAL CHARTER OF THE AMERICAS. (Adopted at the second plenary session, held on June 4, 2012, and reviewed by the Style Committee) GENERAL ASSEMBLY FORTY-SECOND REGULAR SESSION OEA/Ser.P June 3 to 5, 2012 AG/doc.5242/12 rev. 2 Cochabamba, Bolivia 20 September 2012 Original: Spanish/English SOCIAL CHARTER OF THE AMERICAS (Adopted at

More information

Inclusive growth and development founded on decent work for all

Inclusive growth and development founded on decent work for all Inclusive growth and development founded on decent work for all Statement by Mr Guy Ryder, Director-General International Labour Organization International Monetary and Financial Committee Washington D.C.,

More information

Radical Equality as the Purpose of Political Economy. The ruling ideas of each age have ever been the ideas of its ruling class.

Radical Equality as the Purpose of Political Economy. The ruling ideas of each age have ever been the ideas of its ruling class. Radical Equality as the Purpose of Political Economy The ruling ideas of each age have ever been the ideas of its ruling class. Clicker Quiz: A.Agree B.Disagree Capitalism (according to Marx) A market

More information

Lecture 18 Sociology 621 November 14, 2011 Class Struggle and Class Compromise

Lecture 18 Sociology 621 November 14, 2011 Class Struggle and Class Compromise Lecture 18 Sociology 621 November 14, 2011 Class Struggle and Class Compromise If one holds to the emancipatory vision of a democratic socialist alternative to capitalism, then Adam Przeworski s analysis

More information

Spurring Growth in the Global Economy A U.S. Perspective World Strategic Forum: Pioneering for Growth and Prosperity

Spurring Growth in the Global Economy A U.S. Perspective World Strategic Forum: Pioneering for Growth and Prosperity Spurring Growth in the Global Economy A U.S. Perspective World Strategic Forum: Pioneering for Growth and Prosperity Opening Address by THOMAS J. DONOHUE President and CEO, U.S. Chamber of Commerce Miami,

More information

SOCIAL WORK AND HUMAN RIGHTS

SOCIAL WORK AND HUMAN RIGHTS SOCIAL WORK AND HUMAN RIGHTS The Human, the Social and the Collapse of Modernity Professor Jim Ife Western Sydney University j.ife@westernsydney.edu.au The context Neo-liberalism Neo-fascism Trump Brexit

More information

Jürgen Kohl March 2011

Jürgen Kohl March 2011 Jürgen Kohl March 2011 Comments to Claus Offe: What, if anything, might we mean by progressive politics today? Let me first say that I feel honoured by the opportunity to comment on this thoughtful and

More information

ECON 1100 Global Economics (Section 05) Exam #1 Fall 2010 (Version A) Multiple Choice Questions ( 2. points each):

ECON 1100 Global Economics (Section 05) Exam #1 Fall 2010 (Version A) Multiple Choice Questions ( 2. points each): ECON 1100 Global Economics (Section 05) Exam #1 Fall 2010 (Version A) 1 Multiple Choice Questions ( 2 2 points each): 1. A Self-Interested person A. cares only about their own well-being (and does not

More information

In The Law of Peoples, John Rawls contrasts his own view of global distributive

In The Law of Peoples, John Rawls contrasts his own view of global distributive Global Justice and Domestic Institutions 1. Introduction In The Law of Peoples, John Rawls contrasts his own view of global distributive justice embodied principally in a duty of assistance that is one

More information

Living in a Globalized World

Living in a Globalized World Living in a Globalized World Ms.R.A.Zahra studjisocjali.com Page 1 Globalisation Is the sharing and mixing of different cultures, so much so that every society has a plurality of cultures and is called

More information

Contrasting Cold War Terms. Communism v. Democracy

Contrasting Cold War Terms. Communism v. Democracy Contrasting Cold War Terms Communism v. Democracy 1.1A Democracy American Perspective Soviet Perspective Best System of Government Majority Rules Historically, democracy had and still was being violated

More information

Understanding Social Equity 1 (Caste, Class and Gender Axis) Lakshmi Lingam

Understanding Social Equity 1 (Caste, Class and Gender Axis) Lakshmi Lingam Understanding Social Equity 1 (Caste, Class and Gender Axis) Lakshmi Lingam This session attempts to familiarize the participants the significance of understanding the framework of social equity. In order

More information

enforce people s contribution to the general good, as everyone naturally wants to do productive work, if they can find something they enjoy.

enforce people s contribution to the general good, as everyone naturally wants to do productive work, if they can find something they enjoy. enforce people s contribution to the general good, as everyone naturally wants to do productive work, if they can find something they enjoy. Many communist anarchists believe that human behaviour is motivated

More information

ECONOMIC GROWTH* Chapt er. Key Concepts

ECONOMIC GROWTH* Chapt er. Key Concepts Chapt er 6 ECONOMIC GROWTH* Key Concepts The Basics of Economic Growth Economic growth is the expansion of production possibilities. The growth rate is the annual percentage change of a variable. The growth

More information

Commentary on Idil Boran, The Problem of Exogeneity in Debates on Global Justice

Commentary on Idil Boran, The Problem of Exogeneity in Debates on Global Justice Commentary on Idil Boran, The Problem of Exogeneity in Debates on Global Justice Bryan Smyth, University of Memphis 2011 APA Central Division Meeting // Session V-I: Global Justice // 2. April 2011 I am

More information

JULY 25, :30 PM Queens, NYC

JULY 25, :30 PM Queens, NYC Opening Statement BSA Meets Alexandria Ocasio-Cortez JULY 25, 2018 1:30 PM Queens, NYC 1 Thank you for taking time to speak with us today, Alexandria. We want to begin by first saying congratulations for

More information

Gender Inequality in Post-Capitalism: Theorizing Institutions for a Democratic Socialism. Barbara E. Hopkins. Wright State University

Gender Inequality in Post-Capitalism: Theorizing Institutions for a Democratic Socialism. Barbara E. Hopkins. Wright State University Gender Inequality in Post-Capitalism: Theorizing Institutions for a Democratic Socialism Barbara E. Hopkins Wright State University December 22, 2017 To be Presented at URPE, ASSA, Philadelphia 2018 Most

More information

1 Aggregating Preferences

1 Aggregating Preferences ECON 301: General Equilibrium III (Welfare) 1 Intermediate Microeconomics II, ECON 301 General Equilibrium III: Welfare We are done with the vital concepts of general equilibrium Its power principally

More information

Ethics Handout 18 Rawls, Classical Utilitarianism and Nagel, Equality

Ethics Handout 18 Rawls, Classical Utilitarianism and Nagel, Equality 24.231 Ethics Handout 18 Rawls, Classical Utilitarianism and Nagel, Equality The Utilitarian Principle of Distribution: Society is rightly ordered, and therefore just, when its major institutions are arranged

More information

TOWARDS A JUST ECONOMIC ORDER

TOWARDS A JUST ECONOMIC ORDER TOWARDS A JUST ECONOMIC ORDER CONCEPTUAL FOUNDATIONS AND MORAL PREREQUISITES A statement of the Bahá í International Community to the 56th session of the Commission for Social Development TOWARDS A JUST

More information

Sustainability: A post-political perspective

Sustainability: A post-political perspective Sustainability: A post-political perspective The Hon. Dr. Geoff Gallop Lecture SUSTSOOS Policy and Sustainability Sydney Law School 2 September 2014 Some might say sustainability is an idea whose time

More information

senior economist in the Cabinet of the United Nations (UN) Secretary-General and as an IMF

senior economist in the Cabinet of the United Nations (UN) Secretary-General and as an IMF Rebuilding War-Torn States: The Challenge of Post-Conflict Economic Reconstruction. By Graciana Del Castillo. Oxford: Oxford University Press, 2009. 304p. $49.95. Christopher J. Coyne, West Virginia University

More information

The Great Transformation: The Political and Economic Origins of Our Time. By Karl Polayni. Boston: Beacon Press, 2001 [1944], 317 pp. $24.00.

The Great Transformation: The Political and Economic Origins of Our Time. By Karl Polayni. Boston: Beacon Press, 2001 [1944], 317 pp. $24.00. Book Review Book Review The Great Transformation: The Political and Economic Origins of Our Time. By Karl Polayni. Boston: Beacon Press, 2001 [1944], 317 pp. $24.00. Brian Meier University of Kansas A

More information

We the Stakeholders: The Power of Representation beyond Borders? Clara Brandi

We the Stakeholders: The Power of Representation beyond Borders? Clara Brandi REVIEW Clara Brandi We the Stakeholders: The Power of Representation beyond Borders? Terry Macdonald, Global Stakeholder Democracy. Power and Representation Beyond Liberal States, Oxford, Oxford University

More information

THE WORKMEN S CIRCLE SURVEY OF AMERICAN JEWS. Jews, Economic Justice & the Vote in Steven M. Cohen and Samuel Abrams

THE WORKMEN S CIRCLE SURVEY OF AMERICAN JEWS. Jews, Economic Justice & the Vote in Steven M. Cohen and Samuel Abrams THE WORKMEN S CIRCLE SURVEY OF AMERICAN JEWS Jews, Economic Justice & the Vote in 2012 Steven M. Cohen and Samuel Abrams 1/4/2013 2 Overview Economic justice concerns were the critical consideration dividing

More information

RECONCILING LIBERTY AND EQUALITY: JUSTICE AS FAIRNESS. John Rawls s A Theory of Justice presents a theory called justice as fairness.

RECONCILING LIBERTY AND EQUALITY: JUSTICE AS FAIRNESS. John Rawls s A Theory of Justice presents a theory called justice as fairness. RECONCILING LIBERTY AND EQUALITY: JUSTICE AS FAIRNESS 1. Two Principles of Justice John Rawls s A Theory of Justice presents a theory called justice as fairness. That theory comprises two principles of

More information

Thomas Piketty Capital in the 21st Century

Thomas Piketty Capital in the 21st Century Thomas Piketty Capital in the 21st Century Excerpts: Introduction p.20-27! The Major Results of This Study What are the major conclusions to which these novel historical sources have led me? The first

More information

CHAPTER 1 PROLOGUE: VALUES AND PERSPECTIVES

CHAPTER 1 PROLOGUE: VALUES AND PERSPECTIVES CHAPTER 1 PROLOGUE: VALUES AND PERSPECTIVES Final draft July 2009 This Book revolves around three broad kinds of questions: $ What kind of society is this? $ How does it really work? Why is it the way

More information

Phil 108, April 24, 2014 Climate Change

Phil 108, April 24, 2014 Climate Change Phil 108, April 24, 2014 Climate Change The problem of inefficiency: Emissions of greenhouse gases involve a (negative) externality. Roughly: a harm or cost that isn t paid for. For example, when I pay

More information

Department for Economic and Social Affairs (UNDESA) Division for Social Policy and Development

Department for Economic and Social Affairs (UNDESA) Division for Social Policy and Development Department for Economic and Social Affairs (UNDESA) Division for Social Policy and Development Report of the Expert Group Meeting on Promoting People s Empowerment in Achieving Poverty Eradication, Social

More information

Are Second-Best Tariffs Good Enough?

Are Second-Best Tariffs Good Enough? Are Second-Best Tariffs Good Enough? Alan V. Deardorff The University of Michigan Paper prepared for the Conference Celebrating Professor Rachel McCulloch International Business School Brandeis University

More information

CHAPTER 1 PROLOGUE: VALUES AND PERSPECTIVES

CHAPTER 1 PROLOGUE: VALUES AND PERSPECTIVES CHAPTER 1 PROLOGUE: VALUES AND PERSPECTIVES Final draft July 2009 This Book revolves around three broad kinds of questions: $ What kind of society is this? $ How does it really work? Why is it the way

More information

Agricultural Policy Analysis: Discussion

Agricultural Policy Analysis: Discussion Journal of Agricultural and Applied Economics, 28,1 (July 1996):52 56 O 1996 Southern Agricultural Economics Association Agricultural Policy Analysis: Discussion Lyle P. Schertz ABSTRACT Agricultural economists

More information

Karl Marx ( )

Karl Marx ( ) Karl Marx (1818-1883) Karl Marx Marx (1818-1883) German economist, philosopher, sociologist and revolutionist. Enormous impact on arrangement of economies in the 20th century The strongest critic of capitalism

More information

* Economies and Values

* Economies and Values Unit One CB * Economies and Values Four different economic systems have developed to address the key economic questions. Each system reflects the different prioritization of economic goals. It also reflects

More information

11/7/2011. Section 1: Answering the Three Economic Questions. Section 2: The Free Market

11/7/2011. Section 1: Answering the Three Economic Questions. Section 2: The Free Market Essential Question Chapter 6: Economic Systems Opener How does a society decide who gets what goods and services? Chapter 6, Opener Slide 2 Guiding Questions Section 1: Answering the Three Economic Questions

More information

Globalisation and Economic Determinism. Paper given at conference on Challenging Globalization, Royal Holloway College, September 2009

Globalisation and Economic Determinism. Paper given at conference on Challenging Globalization, Royal Holloway College, September 2009 Globalisation and Economic Determinism Paper given at conference on Challenging Globalization, Royal Holloway College, September 2009 Luke Martell, University of Sussex Longer version here - http://www.sussex.ac.uk/users/ssfa2/globecdet.pdf

More information

Feminist Critique of Joseph Stiglitz s Approach to the Problems of Global Capitalism

Feminist Critique of Joseph Stiglitz s Approach to the Problems of Global Capitalism 89 Feminist Critique of Joseph Stiglitz s Approach to the Problems of Global Capitalism Jenna Blake Abstract: In his book Making Globalization Work, Joseph Stiglitz proposes reforms to address problems

More information

Jacques Attali s keynote address closing the 57th Annual DPI/NGO Conference at the United Nations General Assembly Hall, September 10, 2004

Jacques Attali s keynote address closing the 57th Annual DPI/NGO Conference at the United Nations General Assembly Hall, September 10, 2004 Jacques Attali s keynote address closing the 57th Annual DPI/NGO Conference at the United Nations General Assembly Hall, September 10, 2004 Let s have a dream: Imagine we are not gathered today in the

More information

Companion for Chapter 14 Sustainable Development Goals

Companion for Chapter 14 Sustainable Development Goals Companion for Chapter 14 Sustainable Development Goals SUMMARY Sustainable development has been on the global agenda since 1972 with the first UN Conference on the Human Environment in Stockholm. Twenty

More information

CHAPTER 18: ANTITRUST POLICY AND REGULATION

CHAPTER 18: ANTITRUST POLICY AND REGULATION CHAPTER 18: ANTITRUST POLICY AND REGULATION The information in Chapter 18, while important, is only tested on the AP economics exam in the context of monopolies as discussed in Chapter 10. The important

More information

TRUSTEESHIP OF COMMON WEALTH. Lecture by Peter Barnes Social Wealth Forum, University of Massachusetts, Amherst April 6, 2006

TRUSTEESHIP OF COMMON WEALTH. Lecture by Peter Barnes Social Wealth Forum, University of Massachusetts, Amherst April 6, 2006 TRUSTEESHIP OF COMMON WEALTH Lecture by Peter Barnes Social Wealth Forum, University of Massachusetts, Amherst April 6, 2006 Let me start by putting out a formula that underlies my thinking: Corporations

More information

Strengthening Competitiveness and Growth in Europe

Strengthening Competitiveness and Growth in Europe LSESU German Society, in association with European Institute APCO Worldwide Perspectives on Europe series Strengthening Competitiveness and Growth in Europe Dr Philipp Rösler Vice chancellor and federal

More information

Part III Immigration Policy: Introduction

Part III Immigration Policy: Introduction Part III Immigration Policy: Introduction Despite the huge and obvious income differences across countries and the natural desire for people to improve their lives, nearly all people in the world continue

More information

Global Aspirations versus Local Plumbing: Comment: on Nussbaum. by Richard A. Epstein

Global Aspirations versus Local Plumbing: Comment: on Nussbaum. by Richard A. Epstein Global Aspirations versus Local Plumbing: Comment: on Nussbaum by Richard A. Epstein Martha Nussbaum has long been a champion of the capabilities approach which constantly worries about what state people

More information

Perception of the Business Climate in Vietnam May 2015

Perception of the Business Climate in Vietnam May 2015 Perception of the Business Climate in Vietnam May 2015 This year, the American Chamber of Commerce (AmCham) celebrates 21 years serving as the Voice of American Business in Vietnam and our members remain

More information

Cooperative Business and Innovative Rural Development: Synergies between Commercial and Academic Partners C-BIRD

Cooperative Business and Innovative Rural Development: Synergies between Commercial and Academic Partners C-BIRD Building the mindset for social entrepreneurship: From a global vision to a local understanding and action Assoc. Prof. Darina Zaimova Faculty of Economics, Trakia University, Stara Zagora Agenda Why social

More information

Community Voices on Causes and Solutions of the Human Rights Crisis in the United States

Community Voices on Causes and Solutions of the Human Rights Crisis in the United States Community Voices on Causes and Solutions of the Human Rights Crisis in the United States A Living Document of the Human Rights at Home Campaign (First and Second Episodes) Second Episode: Voices from the

More information

Immigration and Multiculturalism

Immigration and Multiculturalism A New Progressive Agenda Jean Chrétien Immigration and Multiculturalism Jean Chrétien Lessons from Canada vol 2.2 progressive politics 23 A New Progressive Agenda Jean Chrétien Canada s cultural, ethnic

More information

Reading vs. Seeing. Federal and state government are often looked at as separate entities but upon

Reading vs. Seeing. Federal and state government are often looked at as separate entities but upon Reading vs. Seeing Federal and state government are often looked at as separate entities but upon combining what I experienced with what I read, I have discovered that these forms of government actually

More information

Ricardo: real or supposed vices? A Comment on Kakarot-Handtke s paper Paolo Trabucchi, Roma Tre University, Economics Department

Ricardo: real or supposed vices? A Comment on Kakarot-Handtke s paper Paolo Trabucchi, Roma Tre University, Economics Department Ricardo: real or supposed vices? A Comment on Kakarot-Handtke s paper Paolo Trabucchi, Roma Tre University, Economics Department 1. The paper s aim is to show that Ricardo s concentration on real circumstances

More information

1. At the completion of this course, students are expected to: 2. Define and explain the doctrine of Physiocracy and Mercantilism

1. At the completion of this course, students are expected to: 2. Define and explain the doctrine of Physiocracy and Mercantilism COURSE CODE: ECO 325 COURSE TITLE: History of Economic Thought 11 NUMBER OF UNITS: 2 Units COURSE DURATION: Two hours per week COURSE LECTURER: Dr. Sylvester Ohiomu INTENDED LEARNING OUTCOMES 1. At the

More information

Which statement to you agree with most?

Which statement to you agree with most? Which statement to you agree with most? Globalization is generally positive: it increases efficiency, global growth, and therefore global welfare Globalization is generally negative: it destroys indigenous

More information

The Missing Link Fostering Positive Citizen- State Relations in Post-Conflict Environments

The Missing Link Fostering Positive Citizen- State Relations in Post-Conflict Environments Brief for Policymakers The Missing Link Fostering Positive Citizen- State Relations in Post-Conflict Environments The conflict trap is a widely discussed concept in political and development fields alike.

More information

Democracy: Philosophy, Politics and Power. Instructor: Tim Syme

Democracy: Philosophy, Politics and Power. Instructor: Tim Syme 1 Democracy: Philosophy, Politics and Power Instructor: Tim Syme Timothy_Syme@Brown.edu This course focuses on the development and application of utopian social criticism. We shall first evaluate and engage

More information

Lessons from Brexit Negotiations

Lessons from Brexit Negotiations This note is not intended as an argument for or against Brexit, it simply draws on my training course for Medical Students, who need to learn something about international negotiations to participate in

More information

Charter for Women s Right to the City. Proposal

Charter for Women s Right to the City. Proposal Charter for Women s Right to the City Proposal World Women s Forum in the Context of the World Cultural Forum Barcelona, July 2004 Women and The City Dialogue 1. Recognising the commitments made by local

More information

Note on measuring the social dimension of sustainable tourism

Note on measuring the social dimension of sustainable tourism Note on measuring the social dimension of sustainable tourism Emanuela Recchini Contribution for the purposes of the 2 nd meeting of the WGE-MST (Madrid, 24-25 October 2018) I would like to make a preliminary

More information

Lao Vision Statement: Recommendations for Actions

Lao Vision Statement: Recommendations for Actions Lao Vision Statement: Recommendations for Actions Preamble The National Growth & Poverty Eradication Strategy (NGPES) states: Rural development is central to the Government s poverty eradication efforts

More information

When users of congested roads may view tolls as unjust

When users of congested roads may view tolls as unjust When users of congested roads may view tolls as unjust Amihai Glazer 1, Esko Niskanen 2 1 Department of Economics, University of California, Irvine, CA 92697, USA 2 STAResearch, Finland Abstract Though

More information

Study Questions for George Reisman's Capitalism: A Treatise on Economics

Study Questions for George Reisman's Capitalism: A Treatise on Economics Study Questions for George Reisman's Capitalism: A Treatise on Economics Copyright 1998 by George Reisman. All rights reserved. May not be reproduced in any form without written permission of the author,

More information

CHAPTER 3 THE CAPITALIST MARKET: HOW IT IS SUPPOSED TO WORK

CHAPTER 3 THE CAPITALIST MARKET: HOW IT IS SUPPOSED TO WORK CHAPTER 3 THE CAPITALIST MARKET: HOW IT IS SUPPOSED TO WORK draft 3, March, 2009 The American economy is a special case of capitalism. In order to understand how the American economy works, therefore,

More information

COMPARE AND CONTRAST CONSERVATISM AND SOCIALISM REFER TO BURKE AND MARX IN YOUR ANSWER

COMPARE AND CONTRAST CONSERVATISM AND SOCIALISM REFER TO BURKE AND MARX IN YOUR ANSWER COMPARE AND CONTRAST CONSERVATISM AND SOCIALISM REFER TO BURKE AND MARX IN YOUR ANSWER CORE FEATURES OF CONSERVATISM TRADITION Tradition refers to values, practices and institutions that have endured though

More information

European Neighbourhood Instrument (ENI) Summary of the single support framework TUNISIA

European Neighbourhood Instrument (ENI) Summary of the single support framework TUNISIA European Neighbourhood Instrument (ENI) Summary of the 2017-20 single support framework TUNISIA 1. Milestones Although the Association Agreement signed in 1995 continues to be the institutional framework

More information

References and further reading

References and further reading Neo-liberalism and consumer citizenship Citizenship and welfare have been profoundly altered by the neo-liberal revolution of the late 1970s, which created a political environment in which governments

More information

-Capitalism, Exploitation and Injustice-

-Capitalism, Exploitation and Injustice- UPF - MA Political Philosophy Modern Political Philosophy Elisabet Puigdollers Mas -Capitalism, Exploitation and Injustice- Introduction Although Marx fiercely criticized the theories of justice and some

More information

Why Does Inequality Matter? T. M. Scanlon. Chapter 8: Unequal Outcomes. It is well known that there has been an enormous increase in inequality in the

Why Does Inequality Matter? T. M. Scanlon. Chapter 8: Unequal Outcomes. It is well known that there has been an enormous increase in inequality in the Why Does Inequality Matter? T. M. Scanlon Chapter 8: Unequal Outcomes It is well known that there has been an enormous increase in inequality in the United States and other developed economies in recent

More information

Ending Concentrated Poverty: New Directions After Hurricane Katrina The Enterprise Foundation October 12, 2005

Ending Concentrated Poverty: New Directions After Hurricane Katrina The Enterprise Foundation October 12, 2005 Ending Concentrated Poverty: New Directions After Hurricane Katrina The Enterprise Foundation October 12, 2005 By F. Barton Harvey, Chairman and CEO, The Enterprise Foundation Introduction Just as Hurricane

More information

Last time we discussed a stylized version of the realist view of global society.

Last time we discussed a stylized version of the realist view of global society. Political Philosophy, Spring 2003, 1 The Terrain of a Global Normative Order 1. Realism and Normative Order Last time we discussed a stylized version of the realist view of global society. According to

More information

The Future of Rural Policy: Lessons from Spatial Economics

The Future of Rural Policy: Lessons from Spatial Economics SERC POLICY PAPER 8 The Future of Rural Policy: Lessons from Spatial Economics Henry G. Overman (SERC, Department of Geography & Environment, London School of Economics) Steve Gibbons (SERC, Department

More information

OTHER DEFINITIONS OF THE TERM CLASS

OTHER DEFINITIONS OF THE TERM CLASS In the previous chapter I discussed the surplus: what it was, how to measure how much surplus was generated, and what determined the quantity of surplus produced within an economy. I turn now to discuss

More information

2. Analysis of the Current Status of Japanese NGOs

2. Analysis of the Current Status of Japanese NGOs 2. Analysis of the Current Status of Japanese NGOs 2-1. Requisites for NGO policy advocacy As indicated above, in the debate on global health governance that arose in the 1990s, attention was paid to agenda

More information

Systematic Policy and Forward Guidance

Systematic Policy and Forward Guidance Systematic Policy and Forward Guidance Money Marketeers of New York University, Inc. Down Town Association New York, NY March 25, 2014 Charles I. Plosser President and CEO Federal Reserve Bank of Philadelphia

More information

Autonomy. Autonomy Interview 1, September An interview with Erik Olin Wright By Devi Sacchetto. Autonomy

Autonomy. Autonomy Interview 1, September An interview with Erik Olin Wright By Devi Sacchetto. Autonomy Autonomy Interview 1, September 2017 1 An interview with Erik Olin Wright By Devi Sacchetto Autonomy Autonomy Interview 1, September 2017 2 Autonomy An interview with Erik Olin Wright Utopian political

More information

Social Problems, Census Update, 12e (Eitzen / Baca Zinn / Eitzen Smith) Chapter 2 Wealth and Power: The Bias of the System

Social Problems, Census Update, 12e (Eitzen / Baca Zinn / Eitzen Smith) Chapter 2 Wealth and Power: The Bias of the System Social Problems, Census Update, 12e (Eitzen / Baca Zinn / Eitzen Smith) Chapter 2 Wealth and Power: The Bias of the System 2.1 Multiple-Choice Questions 1) The authors point out that the problems that

More information