Political Economic Thinking Research Articles

SMOKE ON THE WATER: HES AT 50 AND THE NON-NEUTRALITY OF HISTORY

Recently, I participated in the thesis defense on an eminently local subject, political economic writing in the eighteenth century in the cantons of Vaud (where I live and teach) and Berne (which at the time had occupied the Canton of Vaud) in Switzerland. I will spare you the details of this 700-pages-thick thesis, with an appendix of another 200 pages, which was not even about political economic writing in all of the Swiss Federation, but only in these two small regions in one of the most beautiful spots of Europe. But I became mesmerized by the profoundness of the political economic thinking of a group of now largely forgotten administrators and members of the Swiss socio-economic elite that grappled with questions of how to position their economic doings against a Europe that was plagued by the early eighteenth-century War of Succession, questions about the economic consequences not of population growth but of population decline, and the consequences of what David Hume has characterized so well as the “Jealousy of Trade” between the emerging European colonial empires. More in particular, these local men of politics and power were concerned with if and how they could preserve the agricultural system of common pastures—that were to figure prominently in Elinor Ostrom’s early studies of the “commons”—or whether they should copy the English model of enclosures that seemed to promise agricultural innovation and economic growth. How would this pan out for the means of existence of the local population? And, of course, what would this mean for their own economic and political interests and standing? All these concerns brought them in conversation with the work of such writers as François Forbonnais, Richard Cantillon, the Physiocrats, and Scottish philosophers such as Hume, James Steuart, and Adam Smith, with some of whom they were also in correspondence. The measures the local elites implemented on the basis of these discussions were consequential for such important issues as land use, manufacture and commerce, and poor relief. Unsurprisingly perhaps, the thesis was supervised by one of Istvan Hont’s students, Béla Kapossy, a professor in the history department of the University of Lausanne.

A Spatial Political-Economic Review on Urban Growth in Java under Economic Liberalization of Dutch Colonialism During the 19th Century

This study understands the rise and fall of cities as a result of colonial worldview and practices. Based on spatial political-economic thinking, this study examines the spatial implications of Dutch colonialism on urban growth in Java during the 19th century. The practice of colonialism at that time took place in a relatively stable regional situation. The analysis of textual data from various literature indicates that the economic liberalization of Dutch colonialism in that time was a continuation of the VOC’s mercantilism but with a stronger intention to control the factors of production. Territorial expansion to fertile areas indeed encouraged the emergence of medium-sized cities in the inland, but on the other hand, degenerated several older cities on the coast. Spatially, the ambitions and practices of colonialism had a limited implication on urban growth. The combination of territorial and capital logic triggered political liquidation which was reflected in the spatial pattern of urban growth. The identity and symbol of colonial power were attached as new elements to the cities. This process revealed a locational decision to channel economic benefits to strategic places for sustaining domination of power for the long-term.

Varieties of ignorance in neoliberal policy: or the possibilities and perils of wishful economic thinking

We might be tempted to view the recent efforts by political leaders to cultivate certain convenient forms of economic ignorance as characteristic of a novel ‘post-truth’ age. This article suggests instead that we take this troubling trend as an invitation to examine the role of ignorance more generally in political economic thinking and practice. Whereas many scholars have treated uncertainty and other unknowns as external challenges that can be resolved through expertise and learning, this article instead endogenizes ignorance, treating it as a key tool in the development of policy knowledge. Drawing on archival material from the early Reagan and Thatcher years, this article examines a moment when many of the contemporary assumptions about economic ignorance and strategies for coping with it were first developed and tried out. I introduce a typology of the practical role of ignorance in economic policymaking, ranging from wishful thinking, to confusion, fudging, denial and puzzling. Mapping the space between learning and lying, this article contends that ignorance plays two very different roles in the trajectory of many economic policies, allowing policymakers to discount the political effects of their economic actions while also opening up the possibility of genuine reflexivity about the limits of expertise.

What's the Matter with Value?: Anna Julia Cooper's Political-Economic Thought

Abstract This article proceeds from a perspective on value and valuation that is distinct from moral and economic discourses of value in that it conceives of value as primarily, and even paradigmatically, political. Drawing from the insights of Anna Julia Cooper's political-economic writings, this article argues that value and values, markets and morals, and the constellation of issues entangled in modern discourses of valuation all have the effect of devaluing black life. It explores the tensions between economics and moral sentiments, as Cooper depicts them in her discussion of the concepts of worth and material. Cooper demonstrates the concept of matter to rely upon a tension between material goods and the common good. Cooper's discussion is therefore pivotal to understanding how political priorities mesh with systems of material interdependence.

Industrial possibilities and false necessity: rethinking production, employment and labor dynamics in the global economy1

AbstractMuch of contemporary comparative political–economic thinking about global industrial production accepts the following claims (a) that manufacturing is destined to leave rich political economies for lower wage ones; (b) that global industrial production is hierarchically structured with higher value operations concentrated in the rich countries and intermediate component production distributed across increasingly specialized clusters in emerging political economies; (c) that digital technological advance, automation and massive platform firms are ushering in a new historical regime of capitalism that is generating high rates of inequality and threatens to thoroughly degrade work for less educated and less skilled workers all over the globe. This article argues that these three arguments are deeply flawed because they present only a partial picture of contemporary global industrial dynamics. They exclude from view many concurrent developments that suggest that alternative political and economic practices and trajectories are possible. And they downplay the role that politics and struggle have played and can play in the constitution of the political economy. By deconstructing these three arguments, this article attempts to recover possibility from the constraints of false necessity in thinking about global industrial production dynamics.

Geographies of production II

Within economic geography, it has been argued that political economy approaches have diminished in both prevalence and influence to the detriment of both the sub-discipline and to human geography as a whole. This report challenges such a perspective, arguing that political economic geographies remain very much vibrant and engaging in contemporary economic geography and in the way in which economic geographers engage with the nature of the contemporary global economy. It argues that the perceived retreat of political economy approaches corresponds more to a diversification of the ways in which political economic thinking is integrated into more recent economic geography, acknowledging that this does reduce the apparent coherence around a singular articulation or approach to geographical political economy. However, it also seeks to demonstrate through reviewing recent pluralist theoretical work that political economic geography has broadened its theoretical framework and thus made significant contributions to ongoing debates around the geographies of production within the sub-discipline that had not previously been the object of political economic analysis.

Scale in education research: towards a multi-scale methodology

This article explores some theoretical and methodological problems concerned with scale in education research through a critique of a recent mixed-method project. The project was framed by scale metaphors drawn from the physical and earth sciences and I consider how recent thinking around scale, for example, in ecosystems and human geography might offer helpful points and angles of view on the challenges of thinking spatially in education research. Working between the spatial metaphors of ecology scholars and the critiques of the human geographers, for example, the hypercomplex social space in Lefebvre's political-economic thinking and the fluid, simultaneous, multiple spatialities of Massey's post-structuralism, I problematize space and scale in education research. Interweaving these geographical ideas with Giddens’ structuration and Bourdieu's theory of practice, both of which employed what might be termed scale-bridging to challenge social science's entrenched paradigms, leads me to reconsider what is possible and desirable in the study of education systems. Following the spatial turn in the social sciences generally, there is an outstanding need to theorize multi-scale methodology for education research.

The British military-industrial complex in history: The importance of political economy

This article highlights the until quite recently neglected political-economic thinking in matters of defense in twentieth-century Britain. It argues that retrieving such analyses from the interwar years is an excellent although partial way to get at an alternative picture of interwar defense spending and the arms industry. Interestingly, the political-economic approach fell out of favor in the nuclear age, but became central from the 1970s in critical discussion of British militarism. Yet that political-economic view was limited in that it made important assumptions about the civilian origins and nature of modern war. The article challenges these assumptions, noting the military origins and nature of most military technologies, and indeed of many civilian technologies, too.

Why Europe Has to Offer a Better Deal Towards its Muslim Communities: A Quantitative Analysis of Open International Data

Why Europe Has to Offer a Better Deal Towards its Muslim Communities: A Quantitative Analysis of Open International Data