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Showing posts with the label "political economy"

Global Capitalism

Bruno Latour  What we need is not only to modify the system of production but to get out of it altogether. We should remember that this idea of framing everything in terms of the economy is a new thing in human history. The pandemic has shown us the economy is a very narrow and limited way of organising life and deciding who is important and who is not important. If I could change one thing, it would be to get out of the system of production and instead build a political ecology.   However, "the bad guys are better organised and clearer in knowing what they want. The war we are engaged in is a difficult one. It is not that we are powerless; it is that many of us don’t know how to react.           

Political Economy

A very illuminating interview. "The Fundamental Questions About Capitalism Seem to be Coming Back" An example from the US and UK that the effects are asymmetrical. The BBC here does not mention any socio-economic background (education, marginalisation, inequality, overlapping of race and class.) which is structural and precedes the current pandemic for a long time. Are minorities being hit harder by coronavirus
Syria Despite the length of the war and the catastrophes it has brought, the deeper forces behind Syria’s conflict remain poorly understood, even on the Left. The protagonists are too often seen in the culturalist terms of “Sunnis vs. Shias,” or “Islamists vs. Secularists.” Just as often, the war is reduced to pure geopolitics, with the lead actors assumed to be mere proxies for America and its international opponents (or allies). Rarest of all is any developed discussion of the class dynamics that shaped the Syrian state and society even before the 2011 conflict. Yet these had a decisive effect on the uprising and the regime’s ability to withstand it. Grasping these social elements of the conflict is just as important today if we want to understand the Assad regime’s strategy for the “new Syria,” and how it intersects with the plans of his Russian and Syrian allies.

Jihad and Empire

The political economy of oil, empire, Saudi Arabia, "Jihad", global forces of capital, "Islam", "democracy", etc. Some interesting stuff here. I don't think though that the figure regarding the numbers of the Iraqi deaths due to sactions is accurate. Recent studies have the put the number of deaths around 200,000. I also think that Mitchell should have put both words Islam and democracy in inverted commas. "McJihad: Islam and Empire"
“Political economy, in the widest sense, is the science of the laws governing the production and exchange of the material means of subsistence in human society. Production and exchange are two different functions. Production may occur without exchange, but exchange — being necessarily an exchange of products—cannot occur without production. Each of these two social functions is subject to the action of external influences which to a great extent are peculiar to it and for this reason each has, also to a great extent, its own special laws. But on the other hand, they constantly determine and influence each other to such an extent that they might be termed the abscissa and ordinate of the economic curve. The conditions under which men produce and exchange vary from country to country, and within each country again from generation to generation. Political economy, therefore, cannot be the same for all countries and for all historical epochs. A tremendous distance separates the bow and a

Modern Fragmentation of Social Thought

A very interesting book. And what has made it more interesting is this review in the Financial Times (a very revolutionary socialist website!) So long as we persist in our tendency to hive off the study of economics from politics, philosophy and journalism, Marx, will remain the outstanding example of how to overcome the frangmentation of modern social thought and think about the world as a whole for the sake of its betterment. — Mark Mazwoer, Columbia University, reviewing Gareth Stedman Jones's book Karl Marx, Greatness and Illusion , the Financial Times, August 5 2016 My comment: the fragmentation of social thought is not an accident; it is part and parcel of the substance of the dominant ideological thought which manifests itself, for example, in the academic sphere and how subjects of studies have been fragmented and delivered. That has a lot to do with the capitalist market and its relationship to reproduction of ideas and commodities.
The Middle East and North Africa "Why do governments last? What kind of governments last? Increasingly, studies on the stability of regimes in the Middle East/North Africa region focus on how elites enfold the middle and working classes into socio-political orders. Such enfoldment happens through turning the state into not merely an instrument of violent class rule through extraction, but also part-and-parcel of everyday social reproduction." Critical Readings in Political Economies: Resilience