Pub Date : 2023-05-16DOI: 10.1177/04866134231168154
D. Kotz
This article uses the Marxist theory of imperialism to analyze the war in Ukraine that broke out in March 2022. It analyzes the evolution of the socioeconomic system of post-Soviet Russia, the evolving relationship between post-Soviet Russia and the US government, and the history of relations between Russia and Ukraine. It considers the role of nationalist ideology in Russia both before and after the demise of the Soviet Union. The article concludes that a relation of inter-imperialist rivalry played a key role in the conflict that led to the war in Ukraine. JEL Classification: B51, N40, P52
{"title":"Imperialism and the Ukraine War","authors":"D. Kotz","doi":"10.1177/04866134231168154","DOIUrl":"https://doi.org/10.1177/04866134231168154","url":null,"abstract":"This article uses the Marxist theory of imperialism to analyze the war in Ukraine that broke out in March 2022. It analyzes the evolution of the socioeconomic system of post-Soviet Russia, the evolving relationship between post-Soviet Russia and the US government, and the history of relations between Russia and Ukraine. It considers the role of nationalist ideology in Russia both before and after the demise of the Soviet Union. The article concludes that a relation of inter-imperialist rivalry played a key role in the conflict that led to the war in Ukraine. JEL Classification: B51, N40, P52","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"17 1","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-05-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82978859","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-20DOI: 10.1177/04866134231160855
T. Wilson
In the center of the corporate agricultural regime is the pesticide-industrial complex which is part of the current hegemonic order in the reproduction of capitalism. There are quasi-counterhegemonic movements, however, in the form of Integrated Pest Management and a fully counterhegemonic trend in the form of agroecology. Not only does agroecology as a science and practice eschew the use of pesticides in favor of biological controls developed by Latin American peasants over hundreds of years, but it has become a national and transnational movement led by La Vía Campesina (The Peasant Way) and agroecology has also become institutionalized on both of those levels. I consider cases from Latin America, with an emphasis on Mexico. JEL Classification: Q1, Q16, Q18, Q19
{"title":"Hegemony, Quasi-Counterhegemony, and Counterhegemony in Pesticide Use in Latin America With Special Reference to Mexico","authors":"T. Wilson","doi":"10.1177/04866134231160855","DOIUrl":"https://doi.org/10.1177/04866134231160855","url":null,"abstract":"In the center of the corporate agricultural regime is the pesticide-industrial complex which is part of the current hegemonic order in the reproduction of capitalism. There are quasi-counterhegemonic movements, however, in the form of Integrated Pest Management and a fully counterhegemonic trend in the form of agroecology. Not only does agroecology as a science and practice eschew the use of pesticides in favor of biological controls developed by Latin American peasants over hundreds of years, but it has become a national and transnational movement led by La Vía Campesina (The Peasant Way) and agroecology has also become institutionalized on both of those levels. I consider cases from Latin America, with an emphasis on Mexico. JEL Classification: Q1, Q16, Q18, Q19","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"109 1","pages":"373 - 389"},"PeriodicalIF":1.3,"publicationDate":"2023-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79235121","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The academy has traditionally tended to classify the study about money into two approaches that are often considered incompatible: commodity money and debt money. The first one presents money as a commodity that, thanks to its particular characteristics, allows transactions to be carried out in a much more efficient way than the simple barter. The second one considers that money is a type of debt used in a certain institutional context to facilitate transactions, normally issued by one State to distribute the resources produced in the territory over which it exercises its power. In this work, it is argued that these two approaches are not necessarily incompatible and that an analytical tool can be used to detect a common framework and thus better address the nature of money: the “control space” of the State. JEL Classification: E40, E42, E52
{"title":"The “Control Space” of the State: A Key Element to Address the Nature of Money","authors":"Eduardo Garzón Espinosa, Esteban Cruz Hidalgo, Bibiana Medialdea García, Carlos Sánchez Mato","doi":"10.1177/04866134231158849","DOIUrl":"https://doi.org/10.1177/04866134231158849","url":null,"abstract":"The academy has traditionally tended to classify the study about money into two approaches that are often considered incompatible: commodity money and debt money. The first one presents money as a commodity that, thanks to its particular characteristics, allows transactions to be carried out in a much more efficient way than the simple barter. The second one considers that money is a type of debt used in a certain institutional context to facilitate transactions, normally issued by one State to distribute the resources produced in the territory over which it exercises its power. In this work, it is argued that these two approaches are not necessarily incompatible and that an analytical tool can be used to detect a common framework and thus better address the nature of money: the “control space” of the State. JEL Classification: E40, E42, E52","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"56 1","pages":"448 - 465"},"PeriodicalIF":1.3,"publicationDate":"2023-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91394436","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-14DOI: 10.1177/04866134231165307
M. Keaney
{"title":"Book Review: Normalized Financial Wrongdoing: How Re-regulating Markets Created Risks and Fostered Inequality","authors":"M. Keaney","doi":"10.1177/04866134231165307","DOIUrl":"https://doi.org/10.1177/04866134231165307","url":null,"abstract":"","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"6 1","pages":"516 - 520"},"PeriodicalIF":1.3,"publicationDate":"2023-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82138371","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-03DOI: 10.1177/04866134231158851
Ricardo Barradas
This article employs a panel data econometric approach in order to empirically ascertain the role of the phenomenon of financialization in the deceleration of labor productivity in the European Union countries from 1980 to 2019. During that time, the European Union countries suffered a huge structural transformation based on Reaganomics and Thatcherism and their financial systems have experienced strong liberalization and deregulation, which have contributed to poor evolution of labor productivity and have revived fears around a new “secular stagnation” in the era of financialization. Grounded in post-Keynesian literature, the slowdown of labor productivity in the majority of developed economies in the last decades cannot be separated from the phenomenon of financialization, which has occurred through four different channels, namely, weak economic performance, the decline in the labor income share, the increase in personal income inequality, and the strengthening of the degree of financialization and its corresponding harmful effects on innovation, research and development, technological progress, and productive investments performed by nonfinancial corporations. Our findings confirm that lagged labor productivity, economic performance, and labor income share have a positive impact on labor productivity in the European Union countries, while personal income inequality and the degree of financialization impact it negatively. Our findings also reveal that labor productivity in the European Union countries in the last decades would have grown more if there had been a stronger economic performance, a smaller decline (or even a rise) of the labor income share, a smaller increase (or even a decrease) of personal income inequality, and a weakening of the degree of financialization. JEL Classification: C23, E12, E24, and E44
{"title":"Why Has Labor Productivity Slowed Down in the Era of Financialization?: Insights from the Post-Keynesians for the European Union Countries","authors":"Ricardo Barradas","doi":"10.1177/04866134231158851","DOIUrl":"https://doi.org/10.1177/04866134231158851","url":null,"abstract":"This article employs a panel data econometric approach in order to empirically ascertain the role of the phenomenon of financialization in the deceleration of labor productivity in the European Union countries from 1980 to 2019. During that time, the European Union countries suffered a huge structural transformation based on Reaganomics and Thatcherism and their financial systems have experienced strong liberalization and deregulation, which have contributed to poor evolution of labor productivity and have revived fears around a new “secular stagnation” in the era of financialization. Grounded in post-Keynesian literature, the slowdown of labor productivity in the majority of developed economies in the last decades cannot be separated from the phenomenon of financialization, which has occurred through four different channels, namely, weak economic performance, the decline in the labor income share, the increase in personal income inequality, and the strengthening of the degree of financialization and its corresponding harmful effects on innovation, research and development, technological progress, and productive investments performed by nonfinancial corporations. Our findings confirm that lagged labor productivity, economic performance, and labor income share have a positive impact on labor productivity in the European Union countries, while personal income inequality and the degree of financialization impact it negatively. Our findings also reveal that labor productivity in the European Union countries in the last decades would have grown more if there had been a stronger economic performance, a smaller decline (or even a rise) of the labor income share, a smaller increase (or even a decrease) of personal income inequality, and a weakening of the degree of financialization. JEL Classification: C23, E12, E24, and E44","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"21 1","pages":"390 - 422"},"PeriodicalIF":1.3,"publicationDate":"2023-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82615872","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-31DOI: 10.1177/04866134231163216
Jessica Gordon-Nembhard
Combining Black political economy and solidarity economy theories and practices provides alternative models for group development based on recognizing and developing internal (to the individual and to the community) capacities and creating mechanisms that equitably produce, distribute, recycle, and multiply local expertise and capital within communities of color, especially Black, communities—creating a solidarity economy of caring community for survival (successful social reproduction), sustainability, and liberation. The history of mutual aid, cooperative ownership, and economic democracy among African Americans demonstrates how economic cooperation and solidarity economics have enabled Blacks to address human needs, generate income, and at the same time be family and community friendly, in reaction to anti-Blackness and racial economic inequality. Cooperatives enable low-income residents, women, immigrants, and people of color (who often are without any avenue to gain income or assets) to provide affordable, quality goods and services in ecologically sustainable ways and generate jobs, stabilize their communities, and accumulate some assets. The history of African American cooperative ownership demonstrates that Black Americans have been successful in creating and maintaining collective and cooperatively owned enterprises that often provided not only economic stability for members and their communities but also developed many types of human and social capital and developed community-wide well-being. I discuss how this helps us to define an economics of abundance and explore possibilities for achieving economic liberation in the twenty-first century. JEL Classification: J15, B54, P13
{"title":"Black Political Economy, Solidarity Economics, and Liberation: Toward an Economy of Caring and Abundance","authors":"Jessica Gordon-Nembhard","doi":"10.1177/04866134231163216","DOIUrl":"https://doi.org/10.1177/04866134231163216","url":null,"abstract":"Combining Black political economy and solidarity economy theories and practices provides alternative models for group development based on recognizing and developing internal (to the individual and to the community) capacities and creating mechanisms that equitably produce, distribute, recycle, and multiply local expertise and capital within communities of color, especially Black, communities—creating a solidarity economy of caring community for survival (successful social reproduction), sustainability, and liberation. The history of mutual aid, cooperative ownership, and economic democracy among African Americans demonstrates how economic cooperation and solidarity economics have enabled Blacks to address human needs, generate income, and at the same time be family and community friendly, in reaction to anti-Blackness and racial economic inequality. Cooperatives enable low-income residents, women, immigrants, and people of color (who often are without any avenue to gain income or assets) to provide affordable, quality goods and services in ecologically sustainable ways and generate jobs, stabilize their communities, and accumulate some assets. The history of African American cooperative ownership demonstrates that Black Americans have been successful in creating and maintaining collective and cooperatively owned enterprises that often provided not only economic stability for members and their communities but also developed many types of human and social capital and developed community-wide well-being. I discuss how this helps us to define an economics of abundance and explore possibilities for achieving economic liberation in the twenty-first century. JEL Classification: J15, B54, P13","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"1 1","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89739446","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-25DOI: 10.1177/04866134231160809
{"title":"Call for Papers: Special Issue on Climate Change and Capitalism","authors":"","doi":"10.1177/04866134231160809","DOIUrl":"https://doi.org/10.1177/04866134231160809","url":null,"abstract":"","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"1 1","pages":"364 - 365"},"PeriodicalIF":1.3,"publicationDate":"2023-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89983403","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-23DOI: 10.1177/04866134231157432
{"title":"Call for Papers for Special Issue: Anti-capitalist Pedagogies and Teaching Radical Economics","authors":"","doi":"10.1177/04866134231157432","DOIUrl":"https://doi.org/10.1177/04866134231157432","url":null,"abstract":"","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"39 1","pages":"362 - 363"},"PeriodicalIF":1.3,"publicationDate":"2023-03-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76045512","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-17DOI: 10.1177/04866134231155200
G. Lafferty
{"title":"Book review: Radical Political Economy in a Strange World: Problems and Possibilities","authors":"G. Lafferty","doi":"10.1177/04866134231155200","DOIUrl":"https://doi.org/10.1177/04866134231155200","url":null,"abstract":"","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"3 1","pages":"508 - 515"},"PeriodicalIF":1.3,"publicationDate":"2023-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83743360","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-01DOI: 10.1177/04866134221141897
Jennifer Cohen, Marlene Kim, Sirisha C. Naidu, Shaianne T. Osterreich
{"title":"Introduction to the Special Issue of Gender and Radical Political Economics: On the 50th Anniversary of the URPE Women’s Caucus","authors":"Jennifer Cohen, Marlene Kim, Sirisha C. Naidu, Shaianne T. Osterreich","doi":"10.1177/04866134221141897","DOIUrl":"https://doi.org/10.1177/04866134221141897","url":null,"abstract":"","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"27 1","pages":"5 - 7"},"PeriodicalIF":1.3,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73767249","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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