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Browse: Home / economic sociology

economic sociology

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

Embedding the economy

By Mark Bahnisch on February 16, 2009

A lot of commentary in the US has focused on both the politics of Barack Obama’s stimulus package and on the TARP II bailout announced by Treasury Secretary Tim Geithner last week. In developments which somewhat parallel the Australian debate [...]

Posted in Economics, International, Markets, Policy, Politics, Sociology, USA | Tagged actor network theory, barack obama, cultural economics, economic policy, economic sociology, Economics, epistemology, finance, fiscal policy, fiscal stimulus, Friedmanites, global financial crisis, Karl Polanyi, Kevin Rudd, Keynesianism, Malcolm Turnbull, Milton Friedman, Republicans, Senate, social cartography, Sociology, Tim Geithner | 13 Responses

Economic and political disconnects (and the sociology of knowledge)

By Mark Bahnisch on December 3, 2008

It’s hard to know whether to blame the pollies or the press gallery more for the sorry standard of political and economic debate in this country. Did that golden age Paul Kelly used to talk about when Paul Keating had [...]

Posted in Consumerism, Economics, Government, International, Markets, Media, Sociology, USA | Tagged ALP, barack obama, behavioural economics, cats claws, collective action, dialectic, economic management, economic sociology, economists, fiscal policy, George W. Bush, global financial crisis, interest rates, Julia Gillard, Julie Bishop, Kevin Rudd, Labor, liberals, LIBOR, lived economy, Malcolm Turnbull, non-farm growth, Paul Krugman, political economy, reserve bank, Rudd government, shared realities, social construction, Sociology, sociology of knowledge, unemployment, us economy | 18 Responses

The state of capitalism today III

By Mark Bahnisch on October 21, 2008

I can’t recall where I read this, but someone in one of the many interesting things written about the global financial crisis suggested that “Keynes” (of whom we’ve heard more lately than we’ve heard for a long time) might be [...]

Posted in Economics, International, Markets, Politics, Sociology, USA | Tagged Adam Smith, Bretton Woods, credit swaps, derivatives, economic policy, economic sociology, Economics, fiscal policy, global financial crisis, gordon brown, Joseph Stiglitz, Kevin Rudd, Keynes, Keynesianism, Markets, neo-liberalism, political economy, political sociology, sociology of knowledge, subprime mortgages, Wall Street | 24 Responses

US economic crisis policy links post; and Obama and the economy

By Mark Bahnisch on October 2, 2008

<img src="http://larvatusprodeo.net/wp-content/uploads/2008/10/fdr.jpg" align=left One point of view that’s been expressed about the financial markets crisis can be summed up by something I read at Crooks & Liars today: Have you noticed that every person suddenly knows everything there is to [...]

Posted in Economics, Foreign Elections, Poverty, Sociology, USA | Tagged barack obama, blogosphere, credit crisis, economic policy, economic sociology, Economics, FDR, financial markets, Franklin Delano Roosevelt, Karl Polanyi, New Deal, New New Deal, political economy, Sociology, TARP, us economy, US election 2008, us treasury, USA Election 2008, Wall Street | 10 Responses

Is neoliberalism finished?

By Mark Bahnisch on September 29, 2008

The question’s in the air at the moment. In the Australian blogosphere, John Quiggin thinks the financial markets crisis has killed it off, while Nicholas Gruen is (rightly in my view) more skeptical. [In response to commenters, Quiggin goes on [...]

Posted in China, Developing world, Economics, Foreign Elections, Foreign policy, International, Markets, Philosophy, Politics, Sociology, USA, War | Tagged barack obama, Ben bernanke, Bush administration, christopher dodd, credit crisis, economic management, economic sociology, federal reserve, financial markets, henry paulson, market bailout, neoliberalism, political ideologies, political sociology, social democracy, socialism, sovereign wealth funds, sub prime mortgages, TARP, us economy, US election 2008, us treasury, USA Election 2008, Wall Street, Washington consensus | 74 Responses

The end of financialisation? II

By Mark Bahnisch on September 19, 2008

As a supplement to earlier posts on the sociology of the global financial crisis from Kim and dk.au, I thought I’d note something very interesting written by Henry Farrell at Crooked Timber. Farrell traces the shift in paradigm in the [...]

Posted in Economics, International, Markets, Media, Sociology, USA | Tagged barack obama, Ben bernanke, Bill Clinton, Bush administration, City of London, credit crisis, economic sociology, financial crisis, financial markets, financial regulation, globalisation, gordon brown, Henry Farrell, henry paulson, John McCain, Jon Cruddas, Labour, neoliberalism, New Labour, political economy, political sociology, Robert Skidelsky, social democracy, sociology of knowledge, sociology of science, sub prime crisis, US election 2008, us treasury, USA Election 2008, Wall Street | 62 Responses

The end of financialisation?

By Kim on September 18, 2008

As a bit of a follow up to the recent posts here on the crisis in the financial markets, and in particular dk.au’s piece on the way “facts” work in collective economic behaviour, I wanted to draw attention, firstly, to [...]

Posted in Economics, Markets, Sociology | Tagged credit crisis, economic sociology, financial crisis, financial markets, financial regulation, political economy, Robert Skidelsky, sociology of science, Wall Street | 139 Responses

Guest post by SocProf: When Management Creates Labour Pain

By Guest Poster on September 18, 2008

MB writes: Lost, it would appear, in the government’s focus on productivity as the ruling motif of the workplace is any consideration of the human costs of work in the new economy. I had hoped that Julia Gillard might bring [...]

Posted in Activism, Authoritarianism, Ethics, Feminism, Health, Industrial Relations, International, Markets, Sociology, Women | Tagged economic sociology, gender and work, globalisation, Julia Gillard, new economy, politics of work, precarious work, quality of working life, risk society, social theory, Sociology, sociology of work, workplace deaths, workplace health and safety | 20 Responses

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