state

Created
Mon, 12/08/2024 - 00:16
by Basak Kus* It has now been almost two decades since the 2007-10 financial crisis shattered the exuberance that surrounded American capitalism in the 1990s. The immediate issues the crisis posed—negative growth rates, rising unemployment, and falling stock prices—were addressed long ago. Crises like the Great Recession, however, are more than temporary setbacks; they necessitate […]
Created
Wed, 17/07/2024 - 03:54
by Yingyao Wang* The technocratic project, which once captured political imagination with its potential to manage society and the economy could be managed with rationality and scientific knowledge, seems in decisive decline. Democracy has reasserted its dominant value, and recent populist attacks on expertise have sounded a death knell for technocraticism. If anything, the technocrats […]
Created
Sun, 24/09/2023 - 10:20
by Aaron Major* I was first introduced to Richard Lachmann’s work as a graduate student and then had the privilege of calling him a colleague when I joined the faculty at the University at Albany in 2008. His sudden passing two years ago, on 19th September 2021, was a great personal loss to me and […]
Created
Sun, 27/08/2023 - 06:16
by Jongchul Kim* In a given era, social scientists often share a common philosophical perspective, whether overtly or implicitly, despite studying different subjects. So what if the prevailing perspective among mainstream economists proves problematic, preventing them from providing a comprehensive understanding of the capitalist financial system?In modern Western philosophy, conventional economics is built upon two […]