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Browse: Home / political economy

political economy

Power shifts East?

Power shifts East?

By Mark Bahnisch on August 7, 2011

Political and military power lags behind economic power, but the bill falls due. This could be the way the hegemon ends, not with a bang but with a Tea Party.

Posted in China, Economics, Europe, Featured, Politics, USA, War | Tagged austerity, China, Chinese Communist Party, debt ceiling crisis, Economics, equity markets, Eurozone, GFC, political economy, standard and poor's, Tea Party, US dollar, Xinhua | 41 Responses

John Quiggin's Agnatology and the end of ideology

By Mark Bahnisch on February 26, 2010

There’s been a bit of word play on another thread about John Quiggin‘s discussion of the coinage of the term ‘Agnatology’ to describe “the study of the manufacture of ignorance”. There are resonances between his diagnosis of the political right [...]

Posted in Activism, Culture, Feminism, History, International, Philosophy, Politics, Sociology | Tagged ALP, autonomy, bogan politics, Donald Sassoon, end of ideology, Feminism, Geoffrey Barker, ideology, ignorance, Kevin Rudd, Labor, Labour party, labourism, left, Liberal Democrats, liberation movements, light on the hill, managerialism, mutulalism, New Labour, Nina Power, Nordic democracies, political culture, political economy, political institutions, political sociology, right, Rudd government, social change, social democracy, socialism, Sociology, sweden, Third Way, transformation | 30 Responses

The politics of risk and uncertainty in an election year

By Mark Bahnisch on February 17, 2010

Writing in Crikey yesterday, Guy Rundle described the Greek imbroglio as the second wave of the Global Financial Crisis: So let’s try and make it as clear as possible — the second wave of the 2008 GFC has begun, and [...]

Posted in Economics, Europe, Federal Elections, International, Markets, Politics, Sociology | Tagged bernard keane, Coalition, economic policy, Economics, Federal Election 2010, global financial crisis, Greece, Guy Rundle, Immanuel Wallerstein, Kevin Rudd, Labor, political communication, political economy, recession, risk, Sociology, sovereign debt, sovereign risk, Tony Abbott, uncertainty | 36 Responses

After Copenhagen

By Mark Bahnisch on December 22, 2009

In the wake of the failure of the Copenhagen Climate Change conference, we’re starting to see some more thoughtful analyses which go beyond the proximate causes of the imbroglio to gesture to more structural factors. Robert has already cited George [...]

Posted in Climate change, Developing world, Disasters, Economics, Energy, Environment, Imperialism, International, Politics, Sociology, USA | Tagged barack obama, Climate change, collective action, Copenhagen, Energy, George Bush, george monbiot, Naomi Klein, oil, Open Democracy, political economy, Politics, Sociology, US, USA | 40 Responses

Living capitalism freely

By Mark Bahnisch on October 9, 2009

Steven Shaviro, who blogs at The Pinocchio Theory, has written an excellent piece on the Global Financial Crisis. Shaviro captures how capitalism is lived – and how it produces a demeanour of fatalism. He emphasises the way in which the [...]

Posted in Authoritarianism, Culture, International, Life, Markets, Philosophy, Politics, Sociology | Tagged Capitalism, discipline., Economics, Enlightenment, free markets, global financial crisis, governance, governmentality, Hayek, ideology, Kevin Rudd, Markets, Marxism, neo-liberalism, Pinocchio Theory, political economy, political ideologies, rationality, Ronald Reagan, Sociology, Steven Shapiro | 52 Responses

GFC: Usual suspects exonerated

By Mark Bahnisch on September 29, 2009

[Via SocProf] Remember how all economic ills could be cured by cutting wages and trashing labour protections? How the US economy was a shining beacon of low unemployment and enterprise? The whole Washington Consensus package… Writing in Social Europe Journal, [...]

Posted in Economics, Industrial Relations, International | Tagged andrew watt, economic policy, GFC, global financial crisis, neo-liberalism, political economy, regulation, social europe, unemployment, unions, wages | 24 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

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

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

A new Keynes for new times?

By Mark Bahnisch on February 6, 2009

I was having a chat with a friend over dinner last night, and we were talking about transformational politics. The missing ingredient in Kevin Rudd’s discussion of social democracy appears to be any sense that there’s some goal ahead, other [...]

Posted in Activism, Economics, Ethics, International, Markets, Politics, Sociology | Tagged ALP, alternative economic strategy, Christian socialism, free markets, global financial crisis, globalisation, human capital, ideology, income inequality, Kevin Rudd, Keynesianism, Labor, neo-liberalism, political economy, Politics, Red Pepper, Rudd government, social democracy, social inequality, stimulus, Stuart Holland, Third Way, Tony Benn, transformational politics | 38 Responses

Refuting the "accident theory" of the Global Financial Crisis

By Mark Bahnisch on February 4, 2009

The current line from the defenders of the free market faith is that unfortunate failures of regulation were the cause of the Global Financial Crisis, and thus of the growing travails afflicting us in the real economy. Thus neo-liberalism, the [...]

Posted in Economics, International, USA | Tagged ALP, free markets, global financial crisis, ideology, income inequality, Kevin Rudd, Keynesianism, Labor, neo-liberalism, New Left Review, Peter Costello, Peter Cowan, political economy, Politics, Rudd government, social democracy, stimulus, The Monthly | 15 Responses

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