After completing the module, participants should be able to have general overview on the theory of commons. They can differentiate between neoclassical, new institutional and social/critical commons theory and can use these theories to assess real life common-pool resource management and commoning pratices. 2021 Level: leicht Future of Commons Simon Sutterlütti und Stefan Meretz Summer Academy for Pluralist Economics This chapter by the Centre for Economy Studies explores how courses on the history of economic thought and methods could look if they were pluralist and interdisciplinary. 2021 Level: leicht Rethinking the History of Economic Thought & Methods Sam de Muijnck and Joris Tieleman Economy Studies Since the 1980s, the financial sector and its role have increased significantly. This development is often referred to as financialization. Authors working in the heterodox tradition have raised the question whether the changing role of finance manifests a new era in the history of capitalism. The present article first provides some general discussion on the term financialization and presents some stylized facts which highlight the rise of finance. Then, it proceeds by briefly reviewing the main arguments in the Marxian framework that proposedly lead to crisis. Next, two schools of thought in the Marxian tradition are reviewed which consider financialization as the latest stage of capitalism. They highlight the contradictions imposed by financialization that disrupt the growth process and also stress the fragilities imposed by the new growth regime. The two approaches introduced here are the Social Structure of Accumulation Theory and Monthly Review School. The subsequent part proceeds with the Post-Keynesian theory, first introducing potential destabilizing factors before discussing financialization and the finance-led growth regime. The last section provides a comparative summary. While the basic narrative in all approaches considered here is quite similar, major differences stem from the relationship between neoliberalism and financialization and, moreover, from the question of whether financialization can be considered cause or effect. 2016 Level: mittel Financialization and the crises of capitalism Petra Dühnhaupt Institute for International Political Economy Berlin Political-economic systems define the ways in which the production and distribution of goods and services are organised that shape people’s lives. We live in capitalism, but what does that mean? This essential lecture by Economy Studies helps students develop an understanding of it on the basis of the book Capitalism by Geoffrey Ingham. 2022 Level: leicht Capitalism - Economy Studies   Economy Studies Commons stand for a plurality of practices ‘beyond market and state’ as the famous Commons scholar – and first female noble prize winner of economics - Elinor Ostrom put it. Their practice and theory challenge classical economic theory and stand for a different mode of caring, producing and governing. Within this workshop we want to dive into theory, practice and utopia of Commons following four blocks... 2022 Level: leicht The Future of Commons Friederike Habermann & Simon Sutterlütti, Summer Academy 2022 for Pluralist Economics Photo by Kaitlyn Ashley on Unsplash The world is still feeling reverberations from the financial crisis of 2008 foreseen by neither politicians nor economists The history of capitalism has been punctuated by major crises exposing the fragility of our entire economic system How has capitalism despite these ruptures managed to … 2012 Level: leicht The Future of Capitalism Anatole Kaletsky n.a. In this book, Blakely tells us a story of the class nature of capitalism, in which she centers the role of the financial sector and its rapid growth. 2019 Level: leicht Stolen Grace Blakeley Watkins Media Limited Feminist economist Nancy Folbre presents a historical analysis of the interrelated development of Patriarchy and Capitalism. She describes the role of women in the reproduction of labour, their “specialization” in care and their changing involvement in the labour market. Folbre argues that capitalism weakens patriarchy but at the same time relies on unpaid caring activities. 2010 Level: leicht Women's Work and the Limits of Capitalism Nancy Folbre The New School The world is still feeling reverberations from the financial crisis of 2008 foreseen by neither politicians nor economists The history of capitalism has been punctuated by major crises exposing the fragility of our entire economic system How has capitalism despite these ruptures managed to each time resurface more resilient and … Level: leicht The Global Financial Crisis Timothy Geithner; Andrew Metrick Yale University This course seeks to interpret capitalism using ideas from biological evolution. The lectures are foundational on neoclassical economics and economist, as well as their roles in the proliferation of capitalist ideology. However, it is less concerned with the ultimate judgment of capitalism than with the ways it can be shaped to fit more specific objectives. Level: mittel Capitalism: Success, Crisis, and Reform Prof. Douglas W. Rae Yale University Hunt (economics, U. of Utah) provides a concise history of the rise and triumph of capitalism, centering mainly on England until 1800 and the U.S. since 1800. He traces the evolution of some of the most significant institutions of capitalism, analyzes the recurring ideological defenses and the radical critiques of capitalism, and examines intellectual developments which were occurring at the same time. 2003 Level: mittel Property and Prophets E. K. Hunt M.E. Sharpe Smith contends that there is no possible solution to our global ecological crisis within the framework of any conceivable capitalism. The only alternative to market-driven planetary collapse is to transition to a largely planned, mostly publicly-owned economy based on production for need, on democratic governance and rough socio-economic equality, and on contraction and convergence between the global North and South. 2016 Level: mittel Green Capitalism Richard Smith, World Economics Association College Publications Understanding Capitalism: Competition, Command, and Change is an introduction to economics that explains how capitalism works, why it sometimes fails, and how it undergoes and brings about change. It discusses both the conventional economic model and the role of power in economic interactions. 2017 Level: leicht Understanding Capitalism Samuel Bowles, Frank Roosevelt, Richard Edwards, and Mehrene Larudee Oxford University Press The recent financial meltdown and the resulting global recession have rekindled debates regarding the nature of contemporary capitalism. 2013 Level: mittel A Political Economy of Contemporary Capitalism and its Crisis Sotiropoulos, Dimitris P.; Milios, John; Lapatsioras, Spyros Routledge The book critically engages with various Marxian perspectives on the dynamics on development and social progress It specifically engages with some key words in Marxian theory including Marx s early work on capitalist development and his later works on underdeveloped Russia Lenin s thesis on imperialism as a hurdle for … 2021 Level: mittel Rethinking Development Ronaldo Munck Springer Nature In this podcast, Amy Goodman and Juan González explore together with Joseph Stiglitz, a Nobel Prize-winning economist, inequality and the state of the U.S. economy. Topics they touch upon are capitalism, taxation, powerlessness of citizens and Joseph Stiglitz's book entitled People, Power, and Profits: Progressive Capitalism for an Age of Discontent. 2019 Level: leicht Capitalism Hasn’t Been Working for Most People for the Last 40 Years - Podcast with Joseph Stiglitz   https://www.democracynow.org The podcast is an interview of Silvia Federici by David Denvir. It is centred around her book 'Caliban and the Witch - Women, the Body and Primitive Accumulation', but they also draw lines to contemporary issues and political struggles. Federici analyses the emergence of capitalism through a radical Feminist-Marxist lens. 2019 Level: mittel Silvia Federici on Women and Capitalism Silvia Federici interviewed by Daniel Denvir The Dig In Trouble in Paradise, Slavoj Žižek, one of our most famous, most combative philosophers, explains how by drawing on the ideas of communism, we can find a way out of the crisis of capitalism. 2015 Level: mittel Trouble in Paradise Slavoj Žižek Penguin Books, Limited Once in a while the world astonishes itself. Anxious incredulity replaces intellectual torpor and a puzzled public strains its antennae in every possible direction, desperately seeking explanations for the causes and nature of what just hit it. 2008 was such a moment. Not only did the financial system collapse, and send the real economy into a tailspin, but it also revealed the great gulf separating economics from a very real capitalism. 2011 Level: mittel Modern Political Economics Yanis Varoufakis, Joseph Halevi, Nicholas Theocarakis Routledge This groundbreaking collection explores the profound power of Social Reproduction Theory to deepen our understanding of everyday life under capitalism. It tackles issues such as child care, health care, education, family life and the roles of gender, race and sexuality, and shows how they are central to understanding the relationship between economic exploitation and social oppression. Including contributions by: Lise Vogel, Nancy Fraser, David McNally and Susan Ferguson. 2017 Level: mittel Social Reproduction Theory Tithi Bhattacharya Pluto Press Prof. Yanis Varoufakis talks in this introductory lecture about the future of our economy and the current state of economics with special regard to pluralism in economics. 2020 Level: leicht Introduction to Pluralism in Economics - From an Economics-without-Capitalism to Markets-without-Capitalism Yanis Varouvakis Universität Tübingen, Rethinking Economics In this podcast, Laura Basu focuses on how capitalist markets and nation-states perpetuate structural racism. 2020 Level: leicht Is capitalism racist? Laura Basu openDemocracy Asset Management firms control large parts of the global economy Just the three American asset management firms BlackRock Vanguard and State Street manage more than half of the combined value of all shares for companies in the S P 500 Their combined managed assets amount to 22 trillion May 2022 … 2022 Level: mittel Asset Manager Capitalism Mark Blyth Watson Institute for International and Public Affairs We live in a world that is increasingly difficult to understand. It is not just changing: it is metamorphosing. Change implies that some things change but other things remain the same capitalism changes, but some aspects of capitalism remain as they always were. Metamorphosis implies a much more radical transformation in which the old certainties of modern society are falling away and something quite new is emerging. 2017 Level: mittel The Metamorphosis of the World Ulrich Beck Wiley The chapter by the Centre for Economy Studies introduces interdisciplinary economic subdisciplines and their importance for economics education. 2021 Level: leicht Interdisciplinary Economics Sam de Muijnck and Joris Tieleman Economy Studies Caring activities are one central element of feminist economists' analysis – also since in particular unremunerated work is a blind spot in mainstream economics and most other economic paradigms. Those focus on the market sphere: activities are considered as productive and as real labour if they are remunerated and market-intermediated. Goods and services are considered as labour if they create a value which can be traded on the market. Feminist Economics remarks that this perspective creates certain dichotomies and consequent devaluations: unproductive – productive; private – public; unpaid – remunerated OR paid less – well paid; female – male; soft work – hard work; caring – rationality. 2016 Level: leicht Reproductive Labour and Care Exploring Economics Exploring Economics The Centre for Economy Studies works on improving and modernising economics education to ensure that students will be better prepared for their future careers and the societal challenges we face today and in the coming decades. The Essential Lectures are teaching packs designed for 90-minute sessions that can be added to existing courses. 2022 Level: leicht Economy Studies Essential Lectures   Economy Studies Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. 2018 Level: mittel Capitalism Anwar Shaikh Oxford University Press Value and Crisis brings together selected essays written by Alfredo Saad-Filho, one of the most prominent Marxist political economists writing today. Divided into two parts, "Essays on the Theory of Value" and "Essays on Contemporary Capitalism," this book examines the labour theory of value from a rich and innovative perspective from which fresh insights are derived. 2020 Level: mittel Value and Crisis Alfredo Saad Filho Haymarket Books David Harvey illustrates the five most common narratives on why the financial and economic crisis took place – from human frailty to policy failure. 2010 Level: leicht RSA ANIMATE: Crises of Capitalism David Harvey; Abi Stephenson RSA ANIMATE According to Karl Marx, work should satisfy people and encourage creativity. But the capitalist production, the separation of labour and the exploitation of workers alienates them from their products. 2015 Level: leicht Karl Marx on Alienation   BBC Radio The video gives a short explanation of Max Weber's treatment of the protestant work ethic as the explanatory factor for the development of capitalism. 2016 Level: leicht An Introduction to Max Weber’s The Protestant Ethic - A Macat Sociology Analysis   Macat