Pub Date : 2024-06-03DOI: 10.1007/s43253-024-00117-1
Keun Lee, Djun Kil Kim
{"title":"Compressed development, decompression, and diverging convergence in South Korea: which varieties of capitalism in contemporary Korea?","authors":"Keun Lee, Djun Kil Kim","doi":"10.1007/s43253-024-00117-1","DOIUrl":"https://doi.org/10.1007/s43253-024-00117-1","url":null,"abstract":"","PeriodicalId":139048,"journal":{"name":"Review of Evolutionary Political Economy","volume":"14 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141272987","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-02DOI: 10.1007/s43253-023-00111-z
William A. Jackson
Abstract The theoretical ideal of a competitive market is generally assumed to separate organizing from trading, in an implicit dualism. Traders sell or buy within the market but do not organize it. This paper proposes an alternative, more realistic conceptual scheme based on duality, in which organizing and trading are distinct but intertwined. While the exchange of property rights is overseen centrally, many details of market trade are decided locally by traders. Producers and retailers may arrange the trading venue, specify the items traded, set and publish prices, provide information, and transport goods. They cultivate relationships with customers, recasting the pattern of trade and the social structures that underlie the market. Such dualistic, semi-decentralized organizing generates other dualities, including stability-change and continuity–creativity. A duality perspective can encompass the complexity of markets, as well as illustrate the numerous ways they may evolve.
{"title":"Markets as dualistic, semi-decentralized organizations","authors":"William A. Jackson","doi":"10.1007/s43253-023-00111-z","DOIUrl":"https://doi.org/10.1007/s43253-023-00111-z","url":null,"abstract":"Abstract The theoretical ideal of a competitive market is generally assumed to separate organizing from trading, in an implicit dualism. Traders sell or buy within the market but do not organize it. This paper proposes an alternative, more realistic conceptual scheme based on duality, in which organizing and trading are distinct but intertwined. While the exchange of property rights is overseen centrally, many details of market trade are decided locally by traders. Producers and retailers may arrange the trading venue, specify the items traded, set and publish prices, provide information, and transport goods. They cultivate relationships with customers, recasting the pattern of trade and the social structures that underlie the market. Such dualistic, semi-decentralized organizing generates other dualities, including stability-change and continuity–creativity. A duality perspective can encompass the complexity of markets, as well as illustrate the numerous ways they may evolve.","PeriodicalId":139048,"journal":{"name":"Review of Evolutionary Political Economy","volume":"37 9","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135934430","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-24DOI: 10.1007/s43253-023-00109-7
Shintaro Miyazaki
Abstract Market-driven, profit-oriented, mainstream neoclassical economics is increasingly being challenged by alternative approaches such as heterodox economics. This article contributes to broader discussions in this field, especially of social provisioning, and suggests that integrating perspectives from the overlapping fields of media history and history of economy could not only provide valuable insights and attract more supporters, but even initiate a bottom-up transformation process. Historical knowledge regarding how neoclassical economics gained mainstream status in the early postwar decades provides hints on how to popularize non-profit-driven, well-designed approaches to social provisioning, often referred to as commoning. More specifically, the article firstly addresses the necessity of a large-scale appropriation of computational methods, procedures, tools, media, and models to experiment with economic issues, which are usually applied mostly by mainstream profit-driven approaches. Secondly, it presents the implications of such a practice, which I tentatively refer to as heterodox modeling, while remembering the 1960s North American context of business simulation games and their role within the large-scale effort to educate and train the newly-defined class of “business managers.” The article, thirdly, theorizes heterodox modeling as being based on a still imaginary, not-yet implemented, networked multi-agent online environment, which would integrate the modular programming of agent-based models, group exercises, role-playing, gaming, and testing of operations and processes within large-scale socio-ecological networks of commoning. Finally, the article argues not only to model heterodox economic theories, but at the same time to model in heterodox ways and highlight associated implications.
{"title":"Heterodox modeling: practicing well-tuned provisioning or commoning with networked multi-agent environments","authors":"Shintaro Miyazaki","doi":"10.1007/s43253-023-00109-7","DOIUrl":"https://doi.org/10.1007/s43253-023-00109-7","url":null,"abstract":"Abstract Market-driven, profit-oriented, mainstream neoclassical economics is increasingly being challenged by alternative approaches such as heterodox economics. This article contributes to broader discussions in this field, especially of social provisioning, and suggests that integrating perspectives from the overlapping fields of media history and history of economy could not only provide valuable insights and attract more supporters, but even initiate a bottom-up transformation process. Historical knowledge regarding how neoclassical economics gained mainstream status in the early postwar decades provides hints on how to popularize non-profit-driven, well-designed approaches to social provisioning, often referred to as commoning. More specifically, the article firstly addresses the necessity of a large-scale appropriation of computational methods, procedures, tools, media, and models to experiment with economic issues, which are usually applied mostly by mainstream profit-driven approaches. Secondly, it presents the implications of such a practice, which I tentatively refer to as heterodox modeling, while remembering the 1960s North American context of business simulation games and their role within the large-scale effort to educate and train the newly-defined class of “business managers.” The article, thirdly, theorizes heterodox modeling as being based on a still imaginary, not-yet implemented, networked multi-agent online environment, which would integrate the modular programming of agent-based models, group exercises, role-playing, gaming, and testing of operations and processes within large-scale socio-ecological networks of commoning. Finally, the article argues not only to model heterodox economic theories, but at the same time to model in heterodox ways and highlight associated implications.","PeriodicalId":139048,"journal":{"name":"Review of Evolutionary Political Economy","volume":"2 5","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135267729","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-28DOI: 10.1007/s43253-023-00106-w
Mark Setterfield, Y.K. Kim
{"title":"How financially fragile can households become? Household borrowing, the welfare state, and macroeconomic resilience","authors":"Mark Setterfield, Y.K. Kim","doi":"10.1007/s43253-023-00106-w","DOIUrl":"https://doi.org/10.1007/s43253-023-00106-w","url":null,"abstract":"","PeriodicalId":139048,"journal":{"name":"Review of Evolutionary Political Economy","volume":"160 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135033181","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-25DOI: 10.1007/s43253-023-00108-8
Jacobo Ferrer-Hernández
{"title":"On the limits of planning in labor time from the standpoint of the theory of value","authors":"Jacobo Ferrer-Hernández","doi":"10.1007/s43253-023-00108-8","DOIUrl":"https://doi.org/10.1007/s43253-023-00108-8","url":null,"abstract":"","PeriodicalId":139048,"journal":{"name":"Review of Evolutionary Political Economy","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128067177","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-10DOI: 10.1007/s43253-023-00103-z
Hardy Hanappi
{"title":"Sign systems of lust and slavery","authors":"Hardy Hanappi","doi":"10.1007/s43253-023-00103-z","DOIUrl":"https://doi.org/10.1007/s43253-023-00103-z","url":null,"abstract":"","PeriodicalId":139048,"journal":{"name":"Review of Evolutionary Political Economy","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133706268","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-01DOI: 10.1007/s43253-023-00101-1
Benjamin Jungmann
{"title":"Growth drivers in emerging capitalist economies: building blocks for a post-Keynesian analysis and an empirical exploration of the years before and after the Global Financial Crisis","authors":"Benjamin Jungmann","doi":"10.1007/s43253-023-00101-1","DOIUrl":"https://doi.org/10.1007/s43253-023-00101-1","url":null,"abstract":"","PeriodicalId":139048,"journal":{"name":"Review of Evolutionary Political Economy","volume":"149 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127266718","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-01DOI: 10.1007/s43253-023-00104-y
Eve Chiapello
{"title":"Impact finance: how social and environmental questions are addressed in times of financialized capitalism","authors":"Eve Chiapello","doi":"10.1007/s43253-023-00104-y","DOIUrl":"https://doi.org/10.1007/s43253-023-00104-y","url":null,"abstract":"","PeriodicalId":139048,"journal":{"name":"Review of Evolutionary Political Economy","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126882925","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-01DOI: 10.1007/s43253-023-00105-x
Smita Srinivas
{"title":"India and ‘European’ evolutionary political economy","authors":"Smita Srinivas","doi":"10.1007/s43253-023-00105-x","DOIUrl":"https://doi.org/10.1007/s43253-023-00105-x","url":null,"abstract":"","PeriodicalId":139048,"journal":{"name":"Review of Evolutionary Political Economy","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116540860","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-12DOI: 10.1007/s43253-023-00099-6
T. Papaioannou
{"title":"What kind of innovation state matters for social justice? Learning from Poulantzas and going beyond","authors":"T. Papaioannou","doi":"10.1007/s43253-023-00099-6","DOIUrl":"https://doi.org/10.1007/s43253-023-00099-6","url":null,"abstract":"","PeriodicalId":139048,"journal":{"name":"Review of Evolutionary Political Economy","volume":"134 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124505733","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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