You are looking at 1 - 10 of 11 items :

  • natural rate of interest x
  • Sociology and Sociological Theory x
  • Economics 2013 x
Clear All
You do not have access to this content

A cultural political economy of variegated capitalism

Putting Culture in its Place in Political Economy

Ngai-Ling Sum and Bob Jessop

generate a social formation and, second, that the reproduction of the capital relation as a whole depends on the continuing circulation of commodities through the metamorphosis of capital. In his critique of political economy, Marx used a dialectical mode of presentation to unfold these differentiations conceptually, starting with the commodity and moving to such complex forms as interest-bearing capital. However, historically, different forms have their own genealogies. They may not emerge in the logical sequence presented in Capital; nor do they immediately acquire

You do not have access to this content

Crisis construals and crisis recovery in the North Atlantic financial crisis

Putting Culture in its Place in Political Economy

Ngai-Ling Sum and Bob Jessop

provided some partial, provisional and temporary stability for this regime. The neglect of investment in fixed assets and the emphasis on cost reduction to increase shareholder value produced a rising antagonism between interest-bearing capital (Wall Street, the City of London) and profit-producing capital (conventionally identified with industrial capital but more extensive than this). This is reflected in the USA’s and the UK’s increasingly urgent demands for infrastructural investment to support manufacturing (especially as current interest rates [2013] are

You do not have access to this content

Ngai-Ling Sum and Bob Jessop

-1970s. We also refer to the changing dynamic of competition and competitiveness, and the changing articulation of the economic and extra-economic conditions that sustain competitiveness in the world market. For it is in this context that the KBE imaginary was especially resonant. Finally, we use key concepts from historical materialism, including proto-concepts versus comprehensive concepts of control, the distinction between profit-producing and interest-bearing capital, the contradictions in the capital relation (notably in this regard in the money form, including

You do not have access to this content

Towards a Cultural Political Economy

Putting Culture in its Place in Political Economy

Ngai-Ling Sum and Bob Jessop

This fascinating volume offers a critique of recent institutional and cultural turns in heterodox economics and political economy. Using seven case studies as examples, the authors explore how research on sense- and meaning-making can deepen critical studies in political economy, illuminating its role in critiquing the specific categories, contradictions and crisis-tendencies of capitalism.
This content is available to you

References

Putting Culture in its Place in Political Economy

Ngai-Ling Sum and Bob Jessop

American Journal of Semiotics, 24 (1–3), 23–37. Barbieri, M. (2012), ‘Life is semiosis: a biosemiotic view of nature’, Cosmos and History: The Journal of Natural and Social Philosophy, 4 (1–2), 29–51. Barnett, C. (1999), ‘Culture, government and spatiality: reassessing the “Foucault effect” in cultural-policy studies’, International Journal of Cultural Studies, 2 (3), 369–97. Bartelson, J. (1995), A Genealogy of Sovereignty, Cambridge: Cambridge University Press. Barthes, R. (1967), Elements of Semiology, London: Jonathan Cape. Bartlett, T. (2013), Analysing Power in

You do not have access to this content

Working in an urban world

Millennia of Moral Syndromes, World-Systems and City/State Relations

Peter J. Taylor

defined by ten firms’ strategies across 12 leading cities (Table 7.3), where the importance of a city office to a service firm’s network is rated from 1 to 5; 0 indicates a firm having no office in a city. Statistically, the firms are variables and in a PCA they are standardized to ensure they are weighted equally. This means that the variance (variation) of each firms’ strategy is set to 1, and the total variance in Table 7.3(a) is therefore 10 (i.e. the number of variables). Looking at Table 7.3(a), it can be seen that Firm 1 and Firm 5 have identical location

You do not have access to this content

Making the modern world- system: Western Europe’s great creative interlude

Millennia of Moral Syndromes, World-Systems and City/State Relations

Peter J. Taylor

polity invented a new raison d’état. This idea was itself a modern concept that was originally used to separate the political interest of sovereigns from traditional religious motives (Boogman 1978, p. 55). The effect was to equate the state with the glory of the monarch, thereby legitimating its role as a war-machine. Hence, in typical guardian fashion, resources of the state were to be used for ostentatious display by the king and territorial expansion. But this is exactly what the Dutch avoided: they inverted the state/society relation so that ‘in the United

This content is available to you

A cities’ perspective

Millennia of Moral Syndromes, World-Systems and City/State Relations

Peter J. Taylor

rush is leading to reproduction reductions as large families with many children change from rural assets to urban liabilities. The result is that lowering of birth rates consequent upon urbanization has ‘defused the population bomb’ (p. 59) that has so excited environmentalists for over half a century. It seems world population will peak much nearer to eight billion rather than the doomsday environment predictions of the past: there is a new problem of ‘population crash’ in several countries (Pearce 2010). Such is the power of cities; this will be integral to my

You do not have access to this content

Conceptual toolkits

Millennia of Moral Syndromes, World-Systems and City/State Relations

Peter J. Taylor

not just provide celebration of her skills. In contrast, if I were asked to write a reference for a relative, say, my niece, loyalty would rival honesty: I would want her to get the job not just because I hope she is the best candidate but because she is family. Of course, I am not asked to provide references for relatives and if I were I would be expected to ‘declare an interest’ and remove myself from the recruiting process. But we should not assume that honesty always trumps loyalty in the jobs market. There is an old saying that it is not what you know but who

You do not have access to this content

Geographies of beginning creative interludes

Millennia of Moral Syndromes, World-Systems and City/State Relations

Peter J. Taylor

is a surprise inclusion in David Wilkinson’s (1987, p. 32) roster of ‘civilizations’: Irish c. ad 450 to 1050, commonly referred to as the ‘Irish golden age’. This is of interest because Wilkinson uses ‘connectedness’ as his defining criterion for civilizations, including intensely interacting cities. However this golden age is associated with a flowering of Irish Christianity, but it is not usually thought to include city networks. The traditional, ‘imported urbanism only’ thesis only recognizes urban settlements with the establishment of Viking trading