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Post-Colonialisms Today researchers Kareem Megahed and Omar Ghannam discuss the importance of industrial policy during the pandemic to improve domestic capacity for manufacturing essential goods. 2020 Level: leicht Egypt's Past Industrialization Project: Lessons for the COVID-19 Crisis Kareem Megahed and Omar Ghannam Post-Colonialisms Today: postcolonialisms.regionsrefocus.org Prof. Robert Guttmann looks at the current transformation of the international world order through the lenses of global money and finance. 2019 Level: mittel Multipolar Capitalism Robert Guttmann Instituto de Economia da Unicamp A concise introduction to Marx's Labour Theory of Value, the three ratios and the falling rate of profit hypothesis. 2009 Level: leicht Marx's Theory of Economic Crisis Cliff Bowman YouTube This video explains what the term 'Feminist Economics' describes and goes into detail on how feminist economists use methodology differently, why they advocate for diversity in research and how to look into preconditions for the functioning of our economies. It, additionally, highlights the link between feminist economics and the study of climate change. 2020 Level: leicht What is Feminist Economics & what does it have to do with studying the climate crisis? Henrika Meyer Rethinking Economics Jihen Chandoul, a member of the Post-Colonialisms Today Working Group, discusses the impact of import-dependency on African food supply chains since the onset of the COVID-19 pandemic. 2020 Level: leicht Recovering Post-Independence Food Sovereignty for the COVID-19 Crisis Jihen Chandoul Post-Colonialisms Today: postcolonialisms.regionsrefocus.org Post-Colonialisms Today researcher Chafik Ben Rouine looks to Tunisia’s post-independence central banking method to provide insight on what progressive monetary policy can look like. 2020 Level: leicht Monetary Policy for Development, During and Beyond Crisis Chafik Ben Rouine Post-Colonialisms Today: postcolonialisms.regionsrefocus.org The U.S. economy today is confronted with the prospect of extended stagnation. This book explores why. Thomas I. Palley argues that the Great Recession and destruction of shared prosperity is due to flawed economic policy over the past thirty years. 2012 Level: mittel From Financial Crisis to Stagnation Thomas I. Palley Cambridge University Press 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 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 This paper surveys the development of the concept of socialism from the French Revolution to the socialist calculation debate. Karl Marx’s politics of revolutionary socialism led by an empowered proletariat nurtured by capital accumulation envisions socialism as a “top-down” system resting on political institutions, despite Marx’s keen appreciation of the long-period analysis of the organization of social production in the classical political economists. Collectivist thinking in the work of Enrico Barone and Wilfredo Pareto paved the way for the discussion of socialism purely in terms of the allocation of resources. The Soviet experiment abandoned the mixed economy model of the New Economic Policy for a political-bureaucratic administration of production only loosely connected to theoretical concepts of socialism. The socialist calculation debate reductively recast the problem of socialism as a problem of allocation of resources, leading to general equilibrium theory. Friedrich Hayek responded to the socialist calculation debate by shifting the ground of discussion from class relations to information revelation 2017 Level: leicht Socialist alternatives to capitalism I: Marx to Hayek Duncan Foley New School for Social Research, Department of Economics Exploring Economics, an open-access e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods. 2017 Level: mittel Socialist alternatives to capitalism II: Vienna to Santa Fe Duncan Foley New School for Social Research, Department of Economics Galbraith gives an overview of economic history from the 18th century until the end of the 19th century covering issues such as the industrial revolution the enclosure of the Scottish highlands the Irish famine and the colonization of North America Additionally the ideas of economists such as Smith Ricardo Malthus … Level: leicht The Age of Uncertainty Episode 1 - The Prophets and Promise of Classical Capitalism John Kenneth Galbraith BBC, CBC, KCET and OECA Galbraith first explores the social darwinism of Herbert Spencer and others that served as apology for the highly unequal distribution of wealth in the US at the end of the 19th century and naturalized differences in wealth by appealing to the concept of natural selection of the fittest. Then some instances of the unscrupulous business practices (i.e. robberies) of the American railroad tycoons and other business magnates are recounted. Lastly, Galbraith lines out some of the arguments of Thorstein Veblen, who delegitimized and ridiculed the business and leisure activities of the rich by putting them in the same category as predatory and ritualized practices of primitive or ancient societies. Level: leicht The Age of Uncertainty Episode 2 - The Manners and Morals of High Capitalism John Kenneth Galbraith BBC, CBC, KCET and OECA Ha Joon Chang exposes the main ideas of his book Bad Samaritans, namely that historically states have developed and industrialized by making policy interventions related to industry protection, tariffs and subsidies and not by opening their markets to free trade. Chang elaborates on the examples of Japan, the US, Singapore and Germany amongst others to show that an interventionist path to development has been the regularity and not an anomaly. In the end of the lecture, he argues that they idea of a level playing field should be replaced by a trade order that accounts for differences in power and economic capacities of different countries. The last 20 minutes are questions and answers. 2008 Level: leicht Ha-Joon Chang - Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism Ha Joon-Chang New America Foundation Mainstream economic narratives notably the concept of comparative advantage trade theory which assumes the equal balance of power between parties are deployed to support the merits of Global Value Chains that the global integration via trade creates mutual gains for both developed and developing countries This narrative is advanced in … 2021 Level: leicht World Development under Monopoly Capitalism Benjamin Selwyn Developing Economics In this short video, John Holmwood problematizes Marxian Economics from a post-colonial perspective. 2021 Level: mittel Marx: Colonialism, Class and Capitalism John Holmwood https://www.connectedsociologies.org/ The infographic focuses on women's hidden work that goes unrewarded due to the patriarchal setup and how it can be economically analysed. The article on which the infographic is based is written in an Indian context, although the phenomenon isn't confined to a single nation alone. 2013 Level: leicht Capitalism + Patriarchy = Women's Hidden Work   EPW Engage 'This Cambridge professor delights in paradox. And myth-busting . . . he does this with charm and a desire to see how things work in the real world' Guardian, 'In Praise of Ha-Joon Chang' In this revelatory book, Ha-Joon Chang destroys the biggest myths of our times and shows us the truth about how the world really works, including- there's no such thing as a free market. 2011 Level: mittel 23 Things They Don't Tell You about Capitalism Ha-Joon Chang Penguin This is an introductory course into economics that navigates the intellectual history of political economy in a self-contained and non-technical manner. The course centres on the classical concept of political economy by emphasizing the moral and ethical problems that markets solve or may not solve. 2016 Level: leicht Capitalism & Political Economy Dr. Michael Munger Duke University Is capitalism the context where gender inequalities are reproduced, or is capitalism something more than a context? What are the differences among women and how can we place them theoretically and politically. Reproductive work, is it a women’s work? These questions are disscused in a three-session workshop. 2022 Level: leicht Feminist Economics Natalia Flores Garrido Summer Academy 2022 for Pluralist Economics The economic crisis is also a crisis for economic theory. Most analyses of the evolution of the crisis invoke three themes, contagion, networks and trust, yet none of these play a major role in standard macroeconomic models. What is needed is a theory in which these aspects are central. 2011 Level: mittel Complex Economics Alan Kirman Routledge Exploring Economics Dossier on the economic fallout of the COVID-19 pandemic and the structural crisis of globalization. COVID-19 encounters a structural crisis of globalization and the economic system that drives it, with an uncertain outcome. We asked economists worldwide to share with us their analysis of current events, long-term perspectives and political responses. The dossier will be continuously expanded. 2020 Level: leicht The Next Great Recession? Exploring Economics Dossier   Exploring Economics The concept of financialisation has undergone a similar career as ‘globalisation’, ‘neoliberalism’ or even ‘capitalism’, in the course of which it changed from the explanandum to the explanans; the process of financialisation is taken for granted, while the concrete historical and empirical causal conditions of its realisation and perpetuation are being moved into the background. 2023 Level: schwer A holistic theory of financialisation Samuel Decker Exploring Economics Marxian Political Economy focuses on the exploitation of labour by capital. The economy is not conceived as consisting of neutral transactions for exchange and cooperation, but instead as having developed historically out of asymmetric distributions of power, ideology and social conflicts. Marxian Political Economy     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 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 The workshop introduces into the field of critical political economy and tries to identify the role of finacial markets in capitalism, the reason for financial crises and the relevance of Marx in regard to these topics. 2018 Level: leicht Marxian Political Economy Jannis Eicker and Anil Shah 2. Summer Academy for Pluralist Economics The Great Recession 2.0 is unfolding before our very eyes. It is still in its early phase. But dynamics have been set in motion that are not easily stopped, or even slowed. If the virus effect were resolved by early summer—as some politicians wishfully believe—the economic dynamics set in motion would still continue. The US and global economies have been seriously ‘wounded’ and will not recover easily or soon. Those who believe it will be a ‘V-shape’ recovery are deluding themselves. Economists among them should know better but are among the most confused. They only need to look at historical parallels to convince themselves otherwise. 2020 Level: leicht Origins & Emergence of the 2020 Great Recession in the US Economy Dr. Jack Rasmus Exploring Economics Capitalism cannot fulfil the promises of the French revolution: Liberty, Equality, Fraternity. Why? Richard Wollf elaborates on Marx's analysis of the distribution and organisation of surplus in society and his conclusion that there is something inherently wrong in capitalist class structure that still causes economic crisis in our modern times. Change requires changing the organisation of the production. This goes far beyond a discussion of 'more-state' vs. 'less-state'. 2011 Level: leicht Intro To Marxian Economics Richard D Wolff Youtube During his life, Keynes was credited with, amongst other things, with helping to save capitalism from the Great Depression, funding the war against the Nazis and building post-war decades of growth and rising prosperity. And when the global crisis struck in 2008, it was his ideas that the world's leaders turned to help avoid another depression. 2012 Level: leicht Masters Of Money | John Maynard Keynes BBC YouTube The current Great Recession, the worst crisis that capitalism has faced since the Great Depression, has failed, at least so far, to generate a change in the teaching and practice of Macroeconomics. This seems bizarre as if nothing has happened and the economists are just going about doing business as usual. In light of this, the current paper attempts to address how Macroeconomics ought to be taught to students at the advanced intermediate level, which gives them an overall perspective on the subject. Level: leicht Plurality in Teaching Macroeconomics Rohit Azad New School for Social Research, Department of Economics

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