{"title":"After the Gig: How the Sharing Economy Got Hijacked and How to Win It Back","authors":"Brian Thorn","doi":"10.1093/cpe/bzab008","DOIUrl":"https://doi.org/10.1093/cpe/bzab008","url":null,"abstract":"","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/cpe/bzab008","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47166856","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}
{"title":"The Great Demographic Reversal: Ageing Societies, Waning Inequality and an Inflation Revival","authors":"J. Toye","doi":"10.1093/cpe/bzab010","DOIUrl":"https://doi.org/10.1093/cpe/bzab010","url":null,"abstract":"","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/cpe/bzab010","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42449196","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}
{"title":"Frank Ramsey: A Sheer Excess of Powers","authors":"R. Weber","doi":"10.1093/cpe/bzab012","DOIUrl":"https://doi.org/10.1093/cpe/bzab012","url":null,"abstract":"","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44155186","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}
{"title":"Key Elements of Social Theory Revolutionized by Marx","authors":"Miguel D. Ramirez","doi":"10.1093/cpe/bzab011","DOIUrl":"https://doi.org/10.1093/cpe/bzab011","url":null,"abstract":"","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/cpe/bzab011","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47611147","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}
This paper is based on a spectral–controllability analysis of the Sraffian price system and develops a relevant reconstruction of the theory of value. It shows that (i) the hitherto competing theories of value correspond to specific complex plane locations of the eigenvalues of the vertically integrated technical coefficients matrix; and (ii) the real-world economies cannot be coherently analyzed in terms of the traditional theory of value (classical, Marxian, Austrian, and neoclassical), despite the fact that they are characterized by rather low degrees and relatively low numerical ranks of price controllability. Hence, on the one hand, the Sraffian theory of value is not only the most general to date, but also empirically relevant. On the other hand, the real-world economies constitute almost uncontrollable systems, and this explains, in turn, the specific shape features of the empirical price–wage–profit rate curves that are at the heart of the capital theory debate.
{"title":"Competing Theories of Value: A Spectral Analysis","authors":"Theodore Mariolis","doi":"10.1093/CPE/BZAB004","DOIUrl":"https://doi.org/10.1093/CPE/BZAB004","url":null,"abstract":"\u0000 This paper is based on a spectral–controllability analysis of the Sraffian price system and develops a relevant reconstruction of the theory of value. It shows that (i) the hitherto competing theories of value correspond to specific complex plane locations of the eigenvalues of the vertically integrated technical coefficients matrix; and (ii) the real-world economies cannot be coherently analyzed in terms of the traditional theory of value (classical, Marxian, Austrian, and neoclassical), despite the fact that they are characterized by rather low degrees and relatively low numerical ranks of price controllability. Hence, on the one hand, the Sraffian theory of value is not only the most general to date, but also empirically relevant. On the other hand, the real-world economies constitute almost uncontrollable systems, and this explains, in turn, the specific shape features of the empirical price–wage–profit rate curves that are at the heart of the capital theory debate.","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":"40 1","pages":"1-25"},"PeriodicalIF":0.0,"publicationDate":"2021-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45277315","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}
Published in 1821, The Source and Remedy of the National Difficulties was an important influence on Marx’s analysis of ‘disposable time’ in a section of his Grundrisse notebooks known as the ‘fragment on machines.’ That analysis has inspired rethinking of Marx’s mature work by authors ranging from Raniero Panzieri, Antonio Negri, and Paolo Virno to Moishe Postone, yet those re-evaluations do not account for the contribution of the 1821 pamphlet. This article examines the neglect of the pamphlet and offers suggestions about what could be gained by attention to this foundational text.
{"title":"The Ambivalence of Disposable Time: The Source and Remedy of the National Difficulties At Two Hundred","authors":"Tom Walker","doi":"10.1093/CPE/BZAB005","DOIUrl":"https://doi.org/10.1093/CPE/BZAB005","url":null,"abstract":"\u0000 Published in 1821, The Source and Remedy of the National Difficulties was an important influence on Marx’s analysis of ‘disposable time’ in a section of his Grundrisse notebooks known as the ‘fragment on machines.’ That analysis has inspired rethinking of Marx’s mature work by authors ranging from Raniero Panzieri, Antonio Negri, and Paolo Virno to Moishe Postone, yet those re-evaluations do not account for the contribution of the 1821 pamphlet. This article examines the neglect of the pamphlet and offers suggestions about what could be gained by attention to this foundational text.","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":"40 1","pages":"80-90"},"PeriodicalIF":0.0,"publicationDate":"2021-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/CPE/BZAB005","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"60901216","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}
The paper develops Pierangelo Garegnani’s notion of the ‘core’ of the classical theory of distribution to propose a wider integration of the concept of social surplus and institutions into economic thinking. Its main tenet is that the social surplus does not exist independently of the institutions (or social order) that oversee its production and distribution, starting from those that prevail in the sphere of production. In this sense, we supplement the surplus approach with important insights not only from the Polanyian approach, from economic archaeology and anthropology, but also from Sraffian authors and Sraffa’s manuscripts. Taking inspiration from Garegnani, this work is offered as a prelude to the design of different economic ‘cores’ for different stylized economic formations.
{"title":"The Surplus Approach, Institutions, And Economic Formations","authors":"S. Cesaratto, Stefano Di Bucchianico","doi":"10.1093/CPE/BZAB002","DOIUrl":"https://doi.org/10.1093/CPE/BZAB002","url":null,"abstract":"\u0000 The paper develops Pierangelo Garegnani’s notion of the ‘core’ of the classical theory of distribution to propose a wider integration of the concept of social surplus and institutions into economic thinking. Its main tenet is that the social surplus does not exist independently of the institutions (or social order) that oversee its production and distribution, starting from those that prevail in the sphere of production. In this sense, we supplement the surplus approach with important insights not only from the Polanyian approach, from economic archaeology and anthropology, but also from Sraffian authors and Sraffa’s manuscripts. Taking inspiration from Garegnani, this work is offered as a prelude to the design of different economic ‘cores’ for different stylized economic formations.","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48864901","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}
This note sketches the life and career of Hirofumi Uzawa. It covers his contributions to economic theory and his contributions to social and political discourse in Japan during his lifetime. It seeks to bring to the attention of the wider discipline the range of his contributions and their political impact.
{"title":"Hirofumi Uzawa: Between Minamata and Cambridge","authors":"Shingo Kubo","doi":"10.1093/CPE/BZAB001","DOIUrl":"https://doi.org/10.1093/CPE/BZAB001","url":null,"abstract":"\u0000 This note sketches the life and career of Hirofumi Uzawa. It covers his contributions to economic theory and his contributions to social and political discourse in Japan during his lifetime. It seeks to bring to the attention of the wider discipline the range of his contributions and their political impact.","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45668884","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}
Sraffa’s diaries report that from June 1929 until late 1932 he often met with the literary scholar, poet and philosopher Raffaello Piccoli, Professor of Italian in the University of Cambridge. After a brief biographical sketch of Piccoli, the paper reconstructs the story of their friendship, thus contributing to the reconstruction of Sraffa’s biography in 1929–1932. It also considers their meetings with Carlo Rosselli in 1929–1931, together with their common friendship with Ludwig Wittgenstein.
{"title":"Piero Sraffa and Raffaello Piccoli: Two Italian Scholars in Cambridge 1929–1932","authors":"Lucia Morra","doi":"10.1093/CPE/BZAB003","DOIUrl":"https://doi.org/10.1093/CPE/BZAB003","url":null,"abstract":"\u0000 Sraffa’s diaries report that from June 1929 until late 1932 he often met with the literary scholar, poet and philosopher Raffaello Piccoli, Professor of Italian in the University of Cambridge. After a brief biographical sketch of Piccoli, the paper reconstructs the story of their friendship, thus contributing to the reconstruction of Sraffa’s biography in 1929–1932. It also considers their meetings with Carlo Rosselli in 1929–1931, together with their common friendship with Ludwig Wittgenstein.","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/CPE/BZAB003","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42133951","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}
The paper investigates the origins of the equations which form the structure of Piero Sraffa’s Production of Commodities by means of Commodities. Following an interpretation first developed by Pierangelo Garegnani in a paper that higlighted the importance of a manuscript headed ‘Notes London, Summer 1927 (Physical Real Costs etc.)’, we single out new evidence relevant to the reconstruction of the path which led Sraffa to conceive his equations. In particular, we stress how Sraffa came to pay special attention to the case of a subistence economy (‘a community that produces just what is sufficient to keep it going’) and how this led him to shift his attention from the idea of reducing heterogeneous physical costs to an ‘absolutely necessary commodity’ to the determination of exchange ratios by the solution of systems of simultaneous equations. Furthermore, we suggest that a close background to this analysis may be recognized in an attempt to distinguish cost from income which can be found in manuscripts kept in a folder headed ‘Physical Real Costs’.
{"title":"The Origins of Piero Sraffa’s Equations","authors":"N. Naldi","doi":"10.1093/cpe/bzaa002","DOIUrl":"https://doi.org/10.1093/cpe/bzaa002","url":null,"abstract":"\u0000 The paper investigates the origins of the equations which form the structure of Piero Sraffa’s Production of Commodities by means of Commodities. Following an interpretation first developed by Pierangelo Garegnani in a paper that higlighted the importance of a manuscript headed ‘Notes London, Summer 1927 (Physical Real Costs etc.)’, we single out new evidence relevant to the reconstruction of the path which led Sraffa to conceive his equations. In particular, we stress how Sraffa came to pay special attention to the case of a subistence economy (‘a community that produces just what is sufficient to keep it going’) and how this led him to shift his attention from the idea of reducing heterogeneous physical costs to an ‘absolutely necessary commodity’ to the determination of exchange ratios by the solution of systems of simultaneous equations. Furthermore, we suggest that a close background to this analysis may be recognized in an attempt to distinguish cost from income which can be found in manuscripts kept in a folder headed ‘Physical Real Costs’.","PeriodicalId":38730,"journal":{"name":"Contributions to Political Economy","volume":"39 1","pages":"1-22"},"PeriodicalIF":0.0,"publicationDate":"2020-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/cpe/bzaa002","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47170001","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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