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"Ruccio, David F"
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Utopia and the critique of political economy
These remarks concern the nature and role of utopia in the aftermath of the global financial crash of 2007-08, at a time when capitalism is being called into question and more and more people are imagining and inventing alternatives-when activists and academics are, as Frank Stillwell put it, 'pushing for political economy to have a central place in economic discourse'. My focus is on our contemporary situation, in line with the general goal of the Wheelwright lecture series: 'to promote public discussion in Australia about contemporary political economic issues'. But I want to start my investigation further back in time, in the middle of the nineteenth century, when-in the United States, Australia, and elsewhere around the globe-during the Age of Capital (to borrow Eric Hobsbawm's apt characterization), a new kind of utopia was being imagined and enacted.
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Postmodern moments in modern economics
Of all the areas of contemporary thought, economics seems the most resistant to the destabilizing effects of postmodernism. Yet, David Ruccio and Jack Amariglio argue that one can detect, within the diverse schools of thought that comprise the discipline of economics, \"moments\" that defy the modernist ideas to which many economists and methodologists remain wedded. This is the first book to document the existence and to explore the implications of the postmodern moments in modern economics. Ruccio and Amariglio begin with a powerful argument for the general relevance of postmodernism to contemporary economic thought. They then conduct a series of case studies in six key areas of economics. From the idea of the \"multiple self\" and notions of uncertainty and information, through market anomalies and competing concepts of value, to analytical distinctions based on gender and academic standing, economics is revealed as defying the modernist frame of a singular science. The authors conclude by showing how economic theory would change if the postmodern elements were allowed to flourish. A work of daring analysis sure to be vigorously debated, Postmodern Moments in Modern Economics is both accessible and relevant to all readers concerned about the modernist straightjacket that has been imposed on the way economics is thought about and practiced in the world today. -- Provided by publisher.
Book
Development, institutions and class
Ha-Joon Chang effectively criticizes the mainstream approach to the institutions of development, on theoretical, empirical and historical grounds. He also creates an opening for a different kind of discussion about institutions and development, between heterodox institutional and Marxian economics. But he overlooks the opportunity to analyze the relationship between class and the institutions of development.
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A Rigged Test: A Critical Look at Buturovic and Klein's Conception of \Economic Enlightenment\
This is a comment on Buturovic and Klein (2010), \"Economic Enlightenment in Relation to College-going, Ideology, and Other Variables: A Zogby Survey of Americans\".
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Unfinished Business: Gramsci's Prison Notebooks
Reading Joseph Buttigieg's edition of Gramsci's Prison Notebooks represents for me and, I imagine, for others, the discovery of a new Gramsci-at each turn of the page, either stumbling upon themes and concerns of which we had been largely unaware or encountering familiar concepts in an entirely different context. Gramsci pushes Marxian theory forward, and the text of the Notebooks allows us to do the same with Gramsci's work. But for all their richness concerning the issues of culture, politics, and intellectuals, one of the traditional areas of Marxism-political economy-appears to be largely overlooked in the Notebooks.
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Globalization and imperialism
A rethinking of the Marxian concept of imperialism is offered as a way to better understand the complexity of globalization. It is maintained that contemporary discourses of globalization overemphasize processes of expansion & produce false choices between such things as free trade & regulated trade. Parallels are pointed out between current expansions & those that occurred in the late 19th & early 20th centuries. Ways in which the notion of imperialism is useful in characterizing current events or projects are explored, along with differences between imperialism & globalization; & reasons the notion of imperialism fell from favor among radical thinkers. A discussion of economic dimensions of contemporary imperialism focuses on the flows of value associated with class dimensions of capitalism. Special attention is given to the role of economic discourse in reproducing imperialism. It is concluded that theorizing the \"imperial machine\" sheds light on the complex, changing determinations & effects of the global expansion of capitalism, & emphasizes the need to develop noncapitalist class arrangements & forms of globalization. 44 References. J. Lindroth
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Modern economics: the case of the disappearing body?
The human body is said, by critics of mainstream, modern economics, to have ‘disappeared’ from economic theory over the past century. Like subjectivity, the body is thought to have been displaced through mathematical formalism. In this paper, we present the story of this purported disappearance, from the emergence of the ‘full’ desiring and labouring body in Classical economics to its supposed elimination in contemporary neoclassical theory. We also present a critique of this narrative, since the story of the body's disappearance presumes a universal ‘real’ body as a norm. In criticising this story for its humanism and universalism, we provide an alternative reading of contemporary neoclassical economics in which a decentred, fragmented, ‘postmodern’ body (rather than no body at all) can be seen to emerge.
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