by C.R.Yadu and Sahil Mehra* Within the discourse of Development Economics, the most widely accepted theory is that of ‘structural transformation’ (ST), which posits that, over time, non-agricultural, high productivity, and capitalist sectors will gain greater significance in terms of both national income and employment, while the role of agricultural, low productivity, and non capitalist […]
embeddedness
by Dror Goldberg* Where and when did modern currency originate? My book Easy Money: American Puritans and the Invention of Modern Currency (University of Chicago Press, 2023) tackles this fascinating question. I discover and explain the origin of modern currency in 1690 in the English colony of Massachusetts Bay — an unimportant place, compared to […]
by Jean-Louis Laville* Two major lessons emerge from the 19th and 20th centuries. Firstly, the promotion of a market society underpinned by a concern for individual freedom has increased inequality; secondly, the subjugation of the economy to political will under the pretext of equality has led to the suppression of freedoms. These two solutions have […]
by Omer Tekdemir* These days we are witnessing a growing interest in Karl Polanyi’s framework to explain the organic crisis of neoliberalism, including the populist reaction; while Antonio Gramsci has always been popular within a wide range of movement studies from different disciplines.My recently published monograph Constituting the Political Economy of the Kurds: Social Embeddedness, Hegemony, […]