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Browse: Home / Capitalism

Capitalism

Rundle on the recent history of the left

By Mark Bahnisch on September 28, 2009

As a sequel to my post on The Australian‘s series on the left, where I highlighted Guy Rundle’s take, I’m reproducing from today’s Crikey (with permission) his longer sequel to his take beneath the fold. Meantime, the Oz series meanders [...]

Posted in Activism, Culture, Economics, History, International, Media, Policy, Politics, Sociology | Tagged ALP, Australian Greens, BLF, Capitalism, CPA, Crikey, Culture, David Hetherington, GFC, global economy, global financial crisis, globalisation, globalism, greens, Guy Rundle, History, ideology, Labor, Labor Left, labour movement, Labour parties, left, liberalism, Maoism, Marx, McKenzie Wark, Meidner plan, neo-liberalism, neocons, neoconservatism, new left, Per Capita, political culture, robert manne, social democracy, social markets, social movements, Sociology, Soviet union, Sraffa, sweden, The Australian, the left, Tony Blair, unions | 38 Responses

(Almost) a year after the end of the world

By Mark Bahnisch on September 10, 2009

I think I’ve observed before that commemorations of anniversaries now appear to be anticipated days, or even weeks or months before the day in question falls. Whether or not this is a function of the desire to get in early [...]

Posted in Economics, History, International, Markets, Media, Politics, Sociology | Tagged andy beckett, anniversary, Capitalism, commemoration, GFC, global financial crisis, Guardian, ideology, late capitalism, left, lehman brothers, lived experience, Media, neo-liberalism, political economy, postmodernity, systemic change, temporality, time | 31 Responses

The PM and Il Santo Padre; and world capitalism

By Kim on July 9, 2009

If Kevin Rudd wanted to impress Pope Benedict with his support for Blessed Mary MacKillop’s canonisation, he might have picked the wrong topic. In the lead up to the G20 meeting, the Pontiff had other things on his mind – [...]

Posted in Developing world, Economics, Ethics, International, Politics, Religion | Tagged Capitalism, Caritas in Veritate, Catholic Church, Catholicism, Developing world, encyclical, finance, G20, global financial crisis, globalisation, Italy, Kevin Rudd, Mary Mackillop, Pope Benedict XVI, social teaching, social thought | 19 Responses

Weightless capitalism

By Mark Bahnisch on June 17, 2009

For quite some time, it’s been becoming easier to conceive of the commodity as something immaterial – a social relation – and indeed of economic value as a social construct. Indicative of the accentuation of such trends – and this [...]

Posted in Blogging, Consumerism, Culture, Ethics, Media, Politics, Sociology, The Web | Tagged Capitalism, consumption, cultural sociology, Economics, facebook, global financial crisis, great recession, knowledge economy, liquid lives, Nathan Jurgenson, political economy, production, prosumer, social media, Sociology, value, Zygmunt Bauman | 17 Responses

Richard Pratt and the great and the good

By Kim on April 29, 2009

Richard Pratt has passed away. As we saw with Kerry Packer, an enormous media effort has gone into memorialising him. Typically, billionnaires, tycoons and magnates are lauded for their contributions as philanthropists. There seems to be a slight reluctance to [...]

Posted in Ethics, Law, Markets, Media, Melbourne, Politics, Sociology | Tagged Australia, business, Capitalism, Daniel Mannix, Graeme Samuel, ideology, Kerry Packer, Marcus Einfeld, Richard Pratt, Sociology | 76 Responses

Fictitious capital and the first recession of the services economy

By Mark Bahnisch on April 5, 2009

<img src="http://larvatusprodeo.net/wp-content/uploads/2009/04/jefferson_thumbo87o8686.jpg" align=left Karl Marx’ concept of ‘fictitious capital’ has enjoyed something of a revival recently – in the context of explaining the Global Financial Crisis. It’s interesting to observe [h/t Richard Metzger at Boing Boing] that Marx doesn’t appear [...]

Posted in Culture, Developing world, Economics, Immigration, Industrial Relations, International, Markets, Poverty, Security, Sociology | Tagged Capitalism, CCi, creative economy, creative industries, economic sociology, economy, Fernand Braudel, fictitious capital, finance capital, financialisation, Giovanni Arrighi, global financial crisis, globalisation, Immigration, insecurity, intellectual property, Karl Marx, knowledge economy, labour mobility, neo-liberalism, networks, Paul Keating, QUT, regulation school, Robert Metzger, Robert Reich, services, services economy, social inequality, Sociology, sub prime mortgages, symbolic analysts, Thomas Jefferson, work, world systems theory | 46 Responses

Kevin Rudd, Gordon Brown, Adam Smith and free markets

By Mark Bahnisch on April 1, 2009

As Kevin Rudd joined Gordon Brown in decrying “the false god” of “unfettered free markets” in London’s St Paul’s Cathedral, Janet Albrechtsen got her apoplexy in early, lamenting the fact that Kevin Rudd doesn’t read Hayek (apparently Ayaan Hirsi Ali [...]

Posted in China, Economics, Europe, History, International, Markets, Philosophy, Politics, Sociology, USA | Tagged Amartya Sen, Ayaan Hirsi Ali, Capitalism, G20, GFC, Giovanni Arrighi, global financial crisis, gordon brown, Hayek, Janet Albrechtsen, Karl Marx, Kevin Rudd, Keynes, London, Markets, Maurice Merleau-Ponty, neo-liberalism, political economy, public intellectual, public interest, social democracy, Sociology, sociology of knowledge, St Paul's Cathedral, St Paul's Institute | 95 Responses

"The Tyranny of the Now"

By Kim on March 26, 2009

With Kevin Rudd in Washington meeting Barack Obama, and the new Geithner Plan seemingly hostage to the insta-reaction of the markets, punditocracy and economists alike, it’s worth pausing to cast an eye over an argument by Ian Leslie in The [...]

Posted in Culture, Economics, Media, Sociology, USA | Tagged barack obama, Capitalism, cultural studies, Economics, Fredric Jameson, global financial crisis, Ian Leslie, Kevin Rudd, Keynesianism, Markets, Media, US election 2008, US politics, value | 7 Responses

G20 Summit: A new Bretton Woods?

By Mark Bahnisch on November 16, 2008

The G20 Summit has come and gone, and if today’s coverage in the Australian press is any indication, the most important of the tea leaves to be read is whether George W. Bush snubbed Kevin Rudd over the “Kirribilli leak”. [...]

Posted in Economics, International, Media, Sociology, USA | Tagged Adolf Berle, australian media, barack obama, Bretton Woods, Capitalism, derivatives, FDR, financial markets, financialisation, Franklin Delano Roosevelt, free markets, G20, George W. Bush, global financial crisis, Great Depression, international finance, John Quiggin, Kevin Rudd, neo-liberalism, New Deal, political economy, regulation, securitisation, Sociology, summit | 60 Responses

The state of the capitalist economy IV

By Mark Bahnisch on October 28, 2008

One of the intriguing things about wading through some of the business and economics shelves of some CBD bookshops in (fruitless) search of some of the titles John Quiggin reviewed in the Fin Review on Friday (not online of course) [...]

Posted in China, Developing world, Economics, Europe, International, Markets, Sociology, USA | Tagged Ben bernanke, business cycle, Capitalism, economic policy, Economics, financial markets, free markets, global financial crisis, globalisation, henry paulson, ideology, Immanuel Wallerstein, John Quiggin, Karl Polanyi, libertarianism, neo-liberalism, New Left Review, political economy, Robert Wade, Sociology, sociology of knowledge, TARP | 79 Responses

The Reds are coming!

By Mark Bahnisch on October 27, 2008

I’m not sure if I’m the only one who found the juxtaposition on the news last night of discussion of global regulation at a meeting between Chinese and EU leaders and George W. Bush’s “free markets are great!” remarks rather [...]

Posted in China, Developing world, Economics, Europe, Foreign Elections, Health, International, Markets, Polls, Sociology | Tagged alan greenspan, Barack Obabama, Bretton Woods II, business cycles, Capitalism, Democrats, economic policy, Economics, efficient markets hypothesis, financial markets, George W. Bush, global financial crisis, GOP, healthcare, ideology, John McCain, John Quiggin, Keynesianism, neo-liberalism, regulation, socialism, Sociology, sociology of knowledge, taxes, US election 2008, USA Election 2008 | 27 Responses

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