Kett's Rebellion, Commoning, and the Hysterical Sublime
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HES Book of Abstracts
45th Annual Meetings of the History of Economics Society Book of Abstracts Loyola University Chicago Chicago, Illinois June 14 - 17, 2018 1 Abstracts of Papers to be Presented at the 2018 History of Economics Society Annual Conference Loyola University Chicago, Chicago, Illinois June 14 - 17, 2018 TABLE OF CONTENTS Friday, June 15 FRI Plenary Session: Douglas Irwin, "The Rise and Fall of Import Substitution" .................. 3 FRI1A Session: “Smith and his Intellectual Milleu (IASS)” .............................................................. 3 FRI1B Session: “Remembering Craufurd Goodwin” .......................................................................... 5 FRI1C Session: “American Political Economy” ..................................................................................... 5 FRI1D Session: “Constitutional Economics” .......................................................................................... 7 FRI1E Session: “European Issues" ............................................................................................................. 9 FRI1F Session: “Biology” .............................................................................................................................11 FRI2A Session: “Smith and his Contemporary Issues (IASS)” ......................................................14 FRI2B Session: “Archival Round Table” ................................................................................................15 FRI2C Session: “French Economics in the Long 19th Century” ...................................................16 -
1Contents FSC Contents.Qxd
22REVIEWS (Composite)_REVIEWS (Composite).qxd 2/11/2019 11:39 AM Page 123 123 Reviews Latin America Grace Livingstone, Britain and the Dictatorships of Argentina and Chile 19731982, Palgrave Macmillan, 2018, 292 pages, ISBN 9783319782911, £16 During the twentieth century, Latin America was the scene of numerous military coups which established oppressive dictatorships notorious for their abuse of democratic and human rights. This book is a detailed study of the policies adopted by Britain towards two of them – in Chile and Argentina. On 11 September 1973, Augusto Pinochet, the head of Chilean armed forces, launched a coup against the democratically elected socialist president, Salvador Allende. He bombed the presidential palace, fired on and arrested thousands of Allende supporters and other leftwingers, and shut down all democratic institutions. In Argentina on 26 March 1976, the widowed third wife of former dictator Juan Peron, Isabella Peron, who had been elected president, was overthrown by the army, which closed down the Congress, banned political parties, dissolved the Supreme Court, and arrested thousands of political activists including former ministers. In the cases of both Chile and Argentina, the British Foreign Office and leading ambassadorial staff – despite theoretical commitments to democracy – recommended recognition of the military juntas established and downplayed reports of human rights infringements. Grace Livingstone attributes this to the class basis of the personnel involved. She states that, in 1950, 83% of Foreign Office recruits attended private schools and the figure was still 68% ten years later. In 1980, 80% of ambassadors and top Foreign Office officials had attended feepaying schools. -
Values and Value Transfers: a Comment on Itoh
: VALUES AND VALUE TRANSFERS: A COMMENT ON ITOH Anwar Shaikh Itoh's essay provides a valuable retrospective on recent debates concerning the Marxian theory of value. He points out that the economic crisis enveloping both cap itaJist and socialist worlds from the 1970s onward challenged economists to rethink and refine their basic approaches. Among other things. this sparked a resurgence of interest in fundamental issues such as Ihe theory of value. Thus, what appears as an abstraCt discussion is actually rooted in historical events, with political and economic implications for the current period (above. 53-54), Itoh also emphasizes the importance of Sraffa's work in revitalizing the Marxist discussion ofva1ue theory. Sraffa's pathbreak.ing work provided a new platform for a critique of neoclassical economics, even as it "rchabilitatcd the objcctive theory of value" which is characteristic of me classical and Marxian traditions. But his narrow focus and elliptical style left open the question of the relation between his approach and that of more general economic framewocks. Not swprisingiy, many of his followers set out to incol']X)rate his unconventional approach into a more orthodox "neo-Ricardian" framework, in which the emphasis was on mathematical and functional analyses of CQuilibriwn prices. Inevitably, this gave rise to a divergence between nco-Ricardian and Marxian writers (54--60). Two issues are highlighted by Itoh: the problems which arise with Marx's procedure for linking labor value and money price magnitudes (the transfonnatiOil problem), problems which appear LO undermine the Marxian claim that value magnitudes arc the foundation of price magnitudes; and the claim that value categories are in any case redundant, since market prices actually gravitate around prices of production, not labor values (60). -
A Critical and Comparative Analysis of Organisational Forms of Selected Marxist Parties, in Theory and in Practice, with Special Reference to the Last Half Century
Rahimi, M. (2009) A critical and comparative analysis of organisational forms of selected Marxist parties, in theory and in practice, with special reference to the last half century. PhD thesis. http://theses.gla.ac.uk/688/ Copyright and moral rights for this thesis are retained by the author A copy can be downloaded for personal non-commercial research or study, without prior permission or charge This thesis cannot be reproduced or quoted extensively from without first obtaining permission in writing from the Author The content must not be changed in any way or sold commercially in any format or medium without the formal permission of the Author When referring to this work, full bibliographic details including the author, title, awarding institution and date of the thesis must be given Glasgow Theses Service http://theses.gla.ac.uk/ [email protected] A critical and comparative analysis of organisational forms of selected Marxist parties, in theory and in practice, with special reference to the last half century Mohammad Rahimi, BA, MSc Submitted in fulfilment of the requirements for the degree of PhD Centre for the Study of Socialist Theory and Movement Faculty of Law, Business and Social Science University of Glasgow September 2008 The diversity of the proletariat during the final two decades of the 20 th century reached a point where traditional socialist and communist parties could not represent all sections of the working class. Moreover, the development of social movements other than the working class after the 1960s further sidelined traditional parties. The anti-capitalist movements in the 1970s and 1980s were looking for new political formations. -
Anwar Shaikh Some Universal Patterns in Income Distribution
Anwar Shaikh Some Universal Patterns in Income Distribution: An Econophysics Approach August 2018 Working Paper 08/2018 Department of Economics The New School for Social Research The views expressed herein are those of the author(s) and do not necessarily reflect the views of the New School for Social Research. © 2018 by Anwar Shaikh. All rights reserved. Short sections of text may be quoted without explicit permission provided that full credit is given to the source. Some Universal Patterns in Income Distribution: An Econophysics Approach Abstract This paper utilizes the econophysics "two class" (EPTC) approach to income distribution to derive certain empirical rules applying to all countries in the comprehensive World Income Inequality (WIID) database. This approach demonstrates that wage incomes follow an exponential distribution while property incomes follow a Pareto distribution, which leads to a simple and empirically robust approximation to the Lorenz curve. We in turn show that the per capita income of any bottom fraction (x) of the population is proportional to “inequality adjusted GDP per capita”, i.e. to (GDP per capita)∙(1-Gini), the constant of proportionality a(x) being solely a function of population fraction under consideration. This proposition is empirically robust across countries and over time in our large database. We focus on two patterns. The “1.1 Rule” in which the income per capita of the bottom 80 percent of a country's population, what we call the Vast Majority Income, can be calculated in every country as 1.1(GDP per capita)∙(1-Gini). Using the VMI in place of GDP per capita gives rise to different country rankings. -
Marxian Competition Versus Perfect So-Called Choice of Technique
Shaikh, Anwar, Marxian competition versus perfect competition: further comments on the so-called choice of technique , Cambridge Journal of Economics, 4:1 (1980:Mar.) p.75 Cambridge Journal of Economics 1980,4,75-83 Marxian competition versus perfect cOlDpetition: further cOlDlDents on the so-called choice of technique Anwar Shaikh* In my notes on Dobb, I chose to focus on his discussion of Marx's theory of the falling rate of profit, for three reasons: first, because I believed that Dobb's representation of Marx is inadequate; second, because I wished to disentangle Dobb's version from Marx's, since the former has become quite influential and is often presented as being identical to the latter;t last, and most important, because I believed that Marx's own argument is both more interesting and more powerful than that of Dobb. I remain firmly unrepentant on all three points. t In my development of the argument as it actually appears in Marx, I tried to make two central points. The first of these was that mechanisation becomes the dominant form of technical change precisely because it is the production of surplus value, not use value, which is the dominant aspect of the labour process under capitalism. Thus for Marx the inherent tendency towards automation arises out of the social relations of production themselves, out of the relation of capital to labour in the production process, and not out of the relation of capital to capital in competition (Marx, 1973, pp. 776-777). The second point I tried to make is that nonetheless competition does have a bearing on possible mechanisations: it tests these potential weapons in the fire of battle. -
The Transformation from Marx to Sraffa Anwar Shaikh
3 The Transformation from Marx to Sraffa Anwar Shaikh I. Introduction Recent history has seen a tremendous revival of Marxist economic analysis. But this process has also produced its own specific problems, because as Marxist economics gain in respectibility, the temptation to represent itself i~ respectable terms grows accordingly. And these terms, in the end, are ·almost always the wrong ones. There is no question but that Marxism must appropriate all modem developments. Bur to appropriate them involves much more than merely adopting them. It involves tearing them out of the bourgeois framework in which they appear, examining their hidden premises, and re-situating them (when and if possible) on a Marxist terrain-a terrain which cannot be derived merely by algebraic variation or sociological transformation of the premises of orthodox economics. We must, and indeed we do, have our own ground to stand upon. It is my contention that the Sraffian, neo-Ricardian, tradition is by far too respectable. Its roots in left Keynesianism are easy to establish, and its refuge in mathematical economics is quite revealing. Nonetheless, the claims made by this school must be addressed, and· its real contributions must be separated out from what is merely part of its cloak of respectability. In this paper I do not intend to reproduce previous criticisms of the neo-Ricardians, nor even to reproduce my own arguments in favour of Marx's theory of value. Instead, in the discussion that follows I would like to show that even within the algebraic framework of which the neo-Ricardians are so proud, there are a host of issues which they do not, and cannot, face. -
Week School on Political Issues from the History of AWL
Week school on political issues from the history of AWL Day One Session: Heterodox, orthodox, and “orthodox Mark 2” 1. Why we started: 1966-8 Trotskyism: http://www.workersliberty.org//taxonomy/term/555 http://www.workersliberty.org/wwaawwmb The AWL's tradition: http://www.workersliberty.org/node/5146 Session: Party and perspectives What happened in 1968 and how the left responded ***************** Why we fused with IS (SWP) Timeline 2. Ireland: 1968-71 1964 July 2: After years of civil rights agitation in USA, Civil Rights http://www.workersliberty.org/node/10010 Act becomes law. October 15: Labour wins general election, after 13 years of Session: The debates in 1969 - “withdraw subsidies”, Tory rule “southern arsenals”, “troops out” before August 1969, “Catholic economism” and transitional demands, “troops out” 1965 in August 1969. January 31: USA starts bombing of North Vietnam. Vietnam war, and movement against it, escalate. Day Two February: SLL, then biggest revolutionary group in Britain, launches its own independent "Young Socialists" as a 3. The Tories and Labour 1970-4 response to limited expulsions by Labour Party after SLL wins majority in Labour youth movement. Session: General strike Our Labour Party debate then: syndicalism, economism, and 1966 politics Summer: Beginning of "Cultural Revolution" in China: a faction of the bureaucracy mobilises gangs to purge rivals 4. Stalinism 1968-75 reinforce autarkic, ultra-statist policy. But many leftists in the West will admire the "Cultural Revolution"; Maoism will Session: Czechoslovakia 1968 be a big force on the revolutionary left from 1968 to the “Soviet dissidents” mid-70s, though less so in Britain than in other European Vietnam and Cambodia 1975 countries. -
Joseph Hansen Papers
http://oac.cdlib.org/findaid/ark:/13030/tf78700585 No online items Register of the Joseph Hansen papers Finding aid prepared by Joseph Hansen Hoover Institution Archives 434 Galvez Mall Stanford University Stanford, CA, 94305-6003 (650) 723-3563 [email protected] © 1998, 2006, 2012 Register of the Joseph Hansen 92035 1 papers Title: Joseph Hansen papers Date (inclusive): 1887-1980 Collection Number: 92035 Contributing Institution: Hoover Institution Archives Language of Material: English Physical Description: 109 manuscript boxes, 1 oversize box, 3 envelopes, 1 audio cassette(46.2 linear feet) Abstract: Speeches and writings, correspondence, notes, minutes, reports, internal bulletins, resolutions, theses, printed matter, sound recording, and photographs relating to Leon Trotsky, activities of the Socialist Workers Party in the United States, and activities of the Fourth International in Latin America, Western Europe and elsewhere. Physical Location: Hoover Institution Archives Creator: Hansen, Joseph, Access The collection is open for research; materials must be requested at least two business days in advance of intended use. Publication Rights For copyright status, please contact the Hoover Institution Archives. Preferred Citation [Identification of item], Joseph Hansen papers, [Box no., Folder no. or title], Hoover Institution Archives. Acquisition Information Acquired by the Hoover Institution Archives in 1992. Accruals Materials may have been added to the collection since this finding aid was prepared. To determine if this has occurred, find the collection in Stanford University's online catalog at http://searchworks.stanford.edu . Materials have been added to the collection if the number of boxes listed in the online catalog is larger than the number of boxes listed in this finding aid. -
Towards a Unified Theory Analysing Workplace Ideologies: Marxism And
Marxism and Racial Oppression: Towards a Unified Theory Charles Post (City University of New York) Half a century ago, the revival of the womens movementsecond wave feminismforced the revolutionary left and Marxist theory to revisit the Womens Question. As historical materialists in the 1960s and 1970s grappled with the relationship between capitalism, class and gender, two fundamental positions emerged. The dominant response was dual systems theory. Beginning with the historically correct observation that male domination predates the emergence of the capitalist mode of production, these theorists argued that contemporary gender oppression could only be comprehended as the result of the interaction of two separate systemsa patriarchal system of gender domination and the capitalist mode of production. The alternative approach emerged from the debates on domestic labor and the predominantly privatized character of the social reproduction of labor-power under capitalism. In 1979, Lise Vogel synthesized an alternative unitary approach that rooted gender oppression in the tensions between the increasingly socialized character of (most) commodity production and the essentially privatized character of the social reproduction of labor-power. Today, dual-systems theory has morphed into intersectionality where distinct systems of class, gender, sexuality and race interact to shape oppression, exploitation and identity. This paper attempts to begin the construction of an outline of a unified theory of race and capitalism. The paper begins by critically examining two Marxian approaches. On one side are those like Ellen Meiksins Wood who argued that capitalism is essentially color-blind and can reproduce itself without racial or gender oppression. On the other are those like David Roediger and Elizabeth Esch who argue that only an intersectional analysis can allow historical materialists to grasp the relationship of capitalism and racial oppression. -
Political Economy and Capitalism: Notes on Dobb's Theory of Crisis , Cambridge Journal of Economics, 2:2 (1978:June) P.233
Shaikh, Anwar, Political economy and capitalism: notes on Dobb's theory of crisis , Cambridge Journal of Economics, 2:2 (1978:June) p.233 Cambridge Journal of Economics 1978,2,233-251 Political economy and capitalism: notes on Dobb's theory of crisis Anwar Shaikh* 1. Introduction I began the formal study of economics in the late 1960s, when the cry for 'relevance' was sweeping the US. Though at the time we were frequently unclear about just what our demand for 'relevance' implied, we were certain of one thing: it did not imply any further meditation on the arcane mysteries of perfect competition, perfect knowledge and perfect greed. Not surprisingly, many of us turned elsewhere to acquire the knowledge which was so conspicuously absent from our education. And as we did so, we came to realise that 'relevance' meant much more than just focusing on the concrete history and existence of our world: it meant having a practice which made such a study necessary, and a theoretical structure which made its results intelligible. Maurice Dobb had such a practice and theory-Marxism-and he illuminated it with a guiding intelligence which makes his work 'relevant' in the precise sense of the word: it continues to be important to our understanding of the conditions in which we live. In these few pages, it is obviously impossible to do justice to the scope and depth ofDobb's contribution to Marxist economic theory. I do not intend even to try. Instead, what I would like to do is to try to focus on one particularly important work of his, Political Economy and Capitalism. -
We Are the Poor! Three Pieces on Political Economy
We Are the Poor! 43 Endnotes 1. See, for example, The Second Machine Age, by Erik Brynjolfsson and Andre McAfee (New York: W.W. Norton & Co., 2014; and The Fourth Industrial Revolution, by Klaus Schwab (Geneva: World Economic Forum, 2016). 2. “The Future of Employment: How Susceptible Are Jobs to Computerisation?” Carl Benedikt Frey and Michael A. Osborne, 2013: http:// www.oxfordmartin.ox.ac.uk/downloads/academic/ The_Future_of_Employment.pdf. 3. “Automation sweeps China’s factory floors,” Shanghai Daily, Kelvin Chan, September 26, 2015. 4. See, for example, http://poverty.ucdavis.edu/faq/what-current-poverty-rate- united-states. 5. Cited in Capitalism: Competition, Conflict, Crises, by Anwar Shaikh (Oxford: Oxford University Press, 2016), p. 491. 6. Best Care Anywhere, by Phillip Longman (Sausalito, CA: PoliPointPress, 2007, pp. xxii-xxiii. 7. For information on debt and a very interesting website, see The US Debt Clock at http://www.usdebtclock.org. 8. Just 8 men own the same wealth as half the world, Oxfam International. 2017. https://www.oxfam.org/en/pressroom/pressreleases/2017-01-16/just-8- men-own-same-wealth-half-world. 9. See Wikipedia at https://en.wikipedia.org/wiki/ Timeline_of_United_States_military_operations#Extraterritorial_and_major _domestic_deployments. ISBN: 42 We Are The Poor! private, national and international security. That is what the propaganda war against the poor, women, people of color, gay and transgendered, and the political left mean. All of this points to the fact that the ruling class knows they're preparing for a much bigger fight We Are the Poor! than they have on their hands now. And they're moving quickly to cut off the possibility for a fair fight before it even starts.