Pub Date : 2023-01-01DOI: 10.1080/00346764.2022.2042728
Waltraud Schelkle
How does the inherent norm of integration, notably to share risks among its members in good faith, become a self-sustaining practice? I address this question generally and for a critical case of a divisive institution, i.e. the evolution of sovereign bailout funding in the Euro Area since 2010. Community building between states is a potential outcome of solidaristic practices, reinforced by positive feedback processes. Inspired by Deborah Stone's [Stone, D. A. (1999). Beyond moral hazard: Insurance as moral opportunity. Connecticut Insurance Law Journal, 6(1), 12-46] work on insurance, I demonstrate that there are social mechanisms at play that favour the secular expansion of risk sharing between states.
一体化的内在规范，特别是在成员国之间真诚地分担风险，如何成为一种自我维持的做法?我对这个问题进行了一般性的阐述，并针对一个存在分歧的机构的关键案例，即2010年以来欧元区主权救助资金的演变。国家之间的社区建设是团结实践的潜在结果，并得到积极反馈过程的加强。灵感来自Deborah Stone的[Stone, D. A.(1999)]。超越道德风险:作为道德机会的保险。《康涅狄格保险法杂志》，6(1)，12-46]在研究保险的过程中，我证明了一些社会机制在起作用，有利于各州之间风险分担的长期扩张。
{"title":"Monetary solidarity in Europe: can divisive institutions become 'moral opportunities'?","authors":"Waltraud Schelkle","doi":"10.1080/00346764.2022.2042728","DOIUrl":"https://doi.org/10.1080/00346764.2022.2042728","url":null,"abstract":"<p><p>How does the inherent norm of integration, notably to share risks among its members in good faith, become a self-sustaining practice? I address this question generally and for a critical case of a divisive institution, i.e. the evolution of sovereign bailout funding in the Euro Area since 2010. Community building between states is a potential <i>outcome</i> of solidaristic practices, reinforced by positive feedback processes. Inspired by Deborah Stone's [Stone, D. A. (1999). Beyond moral hazard: Insurance as moral opportunity. <i>Connecticut Insurance Law Journal,</i> 6(1), 12-46] work on insurance, I demonstrate that there are social mechanisms at play that favour the secular expansion of risk sharing between states.</p>","PeriodicalId":46636,"journal":{"name":"REVIEW OF SOCIAL ECONOMY","volume":"81 1","pages":"84-104"},"PeriodicalIF":1.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://ftp.ncbi.nlm.nih.gov/pub/pmc/oa_pdf/dc/d4/RRSE_81_2042728.PMC9970183.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9388093","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-11DOI: 10.1080/00346764.2022.2129086
E. Carter
{"title":"Of fields and of factories: the political construction of comparative advantage in French wine and German core manufacturing","authors":"E. Carter","doi":"10.1080/00346764.2022.2129086","DOIUrl":"https://doi.org/10.1080/00346764.2022.2129086","url":null,"abstract":"","PeriodicalId":46636,"journal":{"name":"REVIEW OF SOCIAL ECONOMY","volume":" ","pages":""},"PeriodicalIF":1.0,"publicationDate":"2022-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47174385","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 : 2022-09-02DOI: 10.1080/00346764.2022.2117401
Stefano Merlo
The normative vocabulary of republican political theory can be fruitfully applied to evaluate the phases of market turbulence in sovereign debt markets witnessed during the Eurozone crisis. A view of justice that requires the minimisation of dominating relationships between agents highlights how the institutional preconditions of undominated sovereignty were lacking in the Eurozone. The agreed-upon structure within which countries operated fuelled self-fulfilling market movements in sovereign bond markets, which bear the hallmark of unjust domination as weaker Member States formed a social relationship with investors over which they did not have meaningful control. In motivating the thesis, the paper touches upon the recent debates on the sources and site of domination and on the stance, republican scholars should take toward competitive markets. Given this diagnosis, Eurozone countries have an obligation to establish supranational institutions that increase private and public channels of risk-sharing.
{"title":"Self-fulfilling crises in the Eurozone and the institutional preconditions of republican sovereignty","authors":"Stefano Merlo","doi":"10.1080/00346764.2022.2117401","DOIUrl":"https://doi.org/10.1080/00346764.2022.2117401","url":null,"abstract":"The normative vocabulary of republican political theory can be fruitfully applied to evaluate the phases of market turbulence in sovereign debt markets witnessed during the Eurozone crisis. A view of justice that requires the minimisation of dominating relationships between agents highlights how the institutional preconditions of undominated sovereignty were lacking in the Eurozone. The agreed-upon structure within which countries operated fuelled self-fulfilling market movements in sovereign bond markets, which bear the hallmark of unjust domination as weaker Member States formed a social relationship with investors over which they did not have meaningful control. In motivating the thesis, the paper touches upon the recent debates on the sources and site of domination and on the stance, republican scholars should take toward competitive markets. Given this diagnosis, Eurozone countries have an obligation to establish supranational institutions that increase private and public channels of risk-sharing.","PeriodicalId":46636,"journal":{"name":"REVIEW OF SOCIAL ECONOMY","volume":"81 1","pages":"130 - 153"},"PeriodicalIF":1.0,"publicationDate":"2022-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41502622","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 : 2022-08-05DOI: 10.1080/00346764.2022.2099006
A. Shipman, A. Vogel
Cultural events and collections, as curated assemblies of artists and artwork attended by live audiences, are recognised as a large and growing source of added value in contemporary accounts of ‘creative’, ‘enrichment’ and ‘experience’ economies. We analyse these, and empirical festival studies, to assess the impact on cultural production when the COVID-19 pandemic forces events to cancel or move online. Contrasting the relative optimism of ‘enrichment’ (Boltanski & Esquerre 2020) with pre-pandemic developments, we argue ‘festivalisation’ is best understood as a defensive reaction to mediated alternatives. These increasingly offer experientially comparable, lower-cost substitutes for the premium-priced immersive performance on which cultural workers have come to rely, for creative ideas, skills and career openings as well as income. Online channels weaken the eventisation defence and curatorial quests for ‘singularity’, while remote participation limits audiences’ size and mode of engagement, risking permanent damage to vital components of cultural production and valorisation. [ FROM AUTHOR] Copyright of Review of Social Economy is the property of Routledge and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full . (Copyright applies to all s.)
{"title":"Streaming the festival: what is lost when cultural events go online","authors":"A. Shipman, A. Vogel","doi":"10.1080/00346764.2022.2099006","DOIUrl":"https://doi.org/10.1080/00346764.2022.2099006","url":null,"abstract":"Cultural events and collections, as curated assemblies of artists and artwork attended by live audiences, are recognised as a large and growing source of added value in contemporary accounts of ‘creative’, ‘enrichment’ and ‘experience’ economies. We analyse these, and empirical festival studies, to assess the impact on cultural production when the COVID-19 pandemic forces events to cancel or move online. Contrasting the relative optimism of ‘enrichment’ (Boltanski & Esquerre 2020) with pre-pandemic developments, we argue ‘festivalisation’ is best understood as a defensive reaction to mediated alternatives. These increasingly offer experientially comparable, lower-cost substitutes for the premium-priced immersive performance on which cultural workers have come to rely, for creative ideas, skills and career openings as well as income. Online channels weaken the eventisation defence and curatorial quests for ‘singularity’, while remote participation limits audiences’ size and mode of engagement, risking permanent damage to vital components of cultural production and valorisation. [ FROM AUTHOR] Copyright of Review of Social Economy is the property of Routledge and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full . (Copyright applies to all s.)","PeriodicalId":46636,"journal":{"name":"REVIEW OF SOCIAL ECONOMY","volume":" ","pages":""},"PeriodicalIF":1.0,"publicationDate":"2022-08-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46982585","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 : 2022-07-19DOI: 10.1080/00346764.2022.2096916
Claudia Colombarolli, Luca Storti
{"title":"Dissecting communities of renewable energy: a comparative investigation in New Aquitaine (France)","authors":"Claudia Colombarolli, Luca Storti","doi":"10.1080/00346764.2022.2096916","DOIUrl":"https://doi.org/10.1080/00346764.2022.2096916","url":null,"abstract":"","PeriodicalId":46636,"journal":{"name":"REVIEW OF SOCIAL ECONOMY","volume":" ","pages":""},"PeriodicalIF":1.0,"publicationDate":"2022-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45668131","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 : 2022-06-15DOI: 10.1080/00346764.2022.2086997
Oudom Hean, Nattanicha Chairassamee
{"title":"The effects of COVID-19 on labor force nonparticipation in the short run: racial and ethnic disparities","authors":"Oudom Hean, Nattanicha Chairassamee","doi":"10.1080/00346764.2022.2086997","DOIUrl":"https://doi.org/10.1080/00346764.2022.2086997","url":null,"abstract":"","PeriodicalId":46636,"journal":{"name":"REVIEW OF SOCIAL ECONOMY","volume":"1 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2022-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43882952","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 : 2022-05-24DOI: 10.1080/00346764.2022.2076150
K. Kraemer, Luka Jakelja, Florian Brugger, S. Nessel
{"title":"The social ambiguity of money: empirical evidence on the multiple usability of money in social life","authors":"K. Kraemer, Luka Jakelja, Florian Brugger, S. Nessel","doi":"10.1080/00346764.2022.2076150","DOIUrl":"https://doi.org/10.1080/00346764.2022.2076150","url":null,"abstract":"","PeriodicalId":46636,"journal":{"name":"REVIEW OF SOCIAL ECONOMY","volume":" ","pages":""},"PeriodicalIF":1.0,"publicationDate":"2022-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45048881","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 : 2022-05-20DOI: 10.1080/00346764.2022.2067348
Steven McMullen
The injustices that have been visited upon racial minorities in the United States have a substantial economic legacy, both in terms of wealth disparities and resulting structural differences in economic opportunities. In response, some prominent Black scholars and policymakers have proposed a ‘baby bonds’ wealth-building policy. In this paper, I complement the economic justifications for this policy by examining the case for the proposal in terms of racial justice. The common justifications in the literature use a ‘justice as rectification’ framework, but this framework is a poor fit for the baby bonds proposal, unless we first examine the policy as a way to mitigate barriers to economic opportunity caused by persistent wealth gaps. This analysis focuses the case for baby bonds on their real selling point: a universal wealth policy can limit the intergenerational impact of injustice and misfortune of all kinds.
{"title":"Can baby bonds address the injustice of racial wealth disparities?","authors":"Steven McMullen","doi":"10.1080/00346764.2022.2067348","DOIUrl":"https://doi.org/10.1080/00346764.2022.2067348","url":null,"abstract":"<p>The injustices that have been visited upon racial minorities in the United States have a substantial economic legacy, both in terms of wealth disparities and resulting structural differences in economic opportunities. In response, some prominent Black scholars and policymakers have proposed a ‘baby bonds’ wealth-building policy. In this paper, I complement the economic justifications for this policy by examining the case for the proposal in terms of racial justice. The common justifications in the literature use a ‘justice as rectification’ framework, but this framework is a poor fit for the baby bonds proposal, unless we first examine the policy as a way to mitigate barriers to economic opportunity caused by persistent wealth gaps. This analysis focuses the case for baby bonds on their real selling point: a universal wealth policy can limit the intergenerational impact of injustice and misfortune of all kinds.</p>","PeriodicalId":46636,"journal":{"name":"REVIEW OF SOCIAL ECONOMY","volume":"3 2","pages":""},"PeriodicalIF":1.0,"publicationDate":"2022-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138509549","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 : 2022-03-19DOI: 10.1080/00346764.2022.2047768
Christian R. Proaño, Juan Carlos Peña, Thomas Saalfeld
This paper investigates the macroeconomic and social determinants of voting behavior, and especially of political polarization, in 20 advanced countries using annual data ranging from 1970 to 2016 and covering 291 parliamentary elections. Using a panel estimation approach and rolling regressions, our analysis indicates that a significant change in the link between income inequality and political polarization appears to have taken place over the last twenty years. Indeed, we find that both average inequality, measured by the post-tax Gini coefficient, as well as the bottom 10% income share are statistically linked to the recent success of far-right parties, while the top 10% or top 20% incomes shares are not. The link of income inequality and political polarization thus seems to be based on the deterioration of the relative economic position especially of the poorest fraction of the population. Furthermore, we find no empirical support for the notion that social and economic globalization has led to an increase in the popularity of far-right parties.
{"title":"Inequality, macroeconomic performance and political polarization: a panel analysis of 20 advanced democracies","authors":"Christian R. Proaño, Juan Carlos Peña, Thomas Saalfeld","doi":"10.1080/00346764.2022.2047768","DOIUrl":"https://doi.org/10.1080/00346764.2022.2047768","url":null,"abstract":"This paper investigates the macroeconomic and social determinants of voting behavior, and especially of political polarization, in 20 advanced countries using annual data ranging from 1970 to 2016 and covering 291 parliamentary elections. Using a panel estimation approach and rolling regressions, our analysis indicates that a significant change in the link between income inequality and political polarization appears to have taken place over the last twenty years. Indeed, we find that both average inequality, measured by the post-tax Gini coefficient, as well as the bottom 10% income share are statistically linked to the recent success of far-right parties, while the top 10% or top 20% incomes shares are not. The link of income inequality and political polarization thus seems to be based on the deterioration of the relative economic position especially of the poorest fraction of the population. Furthermore, we find no empirical support for the notion that social and economic globalization has led to an increase in the popularity of far-right parties.","PeriodicalId":46636,"journal":{"name":"REVIEW OF SOCIAL ECONOMY","volume":" ","pages":""},"PeriodicalIF":1.0,"publicationDate":"2022-03-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44667823","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 : 2022-03-09DOI: 10.1080/00346764.2022.2042369
Helder De Schutter
To determine at which level a particular policy domain ought to be governed, we need normative principles of levelism. In this contribution, I articulate and defend two normative principles of levelism for distributive justice in the European Union. According to the Highest-Level Solidarity Principle, we should transfer distributive solidarity to the highest level of the multilevel polity. In the EU, this is the EU-wide level. According to the Policymaker Pays Principle, policymaking and funding should be located at the same level: the level that makes the policy should also be the level that funds the policy (assuming background justice conditions of justice apply). My conclusion is that, since the funding for core redistributive projects should be Europeanized, and since funding and policymaking should be allocated to the same level, we have a pro tanto reason to Europeanize both the funding and the policymaking over core redistributive powers.
{"title":"Solidarity and autonomy in the European Union","authors":"Helder De Schutter","doi":"10.1080/00346764.2022.2042369","DOIUrl":"https://doi.org/10.1080/00346764.2022.2042369","url":null,"abstract":"To determine at which level a particular policy domain ought to be governed, we need normative principles of levelism. In this contribution, I articulate and defend two normative principles of levelism for distributive justice in the European Union. According to the Highest-Level Solidarity Principle, we should transfer distributive solidarity to the highest level of the multilevel polity. In the EU, this is the EU-wide level. According to the Policymaker Pays Principle, policymaking and funding should be located at the same level: the level that makes the policy should also be the level that funds the policy (assuming background justice conditions of justice apply). My conclusion is that, since the funding for core redistributive projects should be Europeanized, and since funding and policymaking should be allocated to the same level, we have a pro tanto reason to Europeanize both the funding and the policymaking over core redistributive powers.","PeriodicalId":46636,"journal":{"name":"REVIEW OF SOCIAL ECONOMY","volume":"81 1","pages":"37 - 60"},"PeriodicalIF":1.0,"publicationDate":"2022-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44373249","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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