Pub Date : 2023-03-01DOI: 10.1177/04866134221145956
F. Baragar
The Review of Radical Political Economics (RRPE) welcomes and actively recruits reviews of significant books that are of interest to RRPE readers. Contributors are invited to prepare reviews of books on the following list, which we have received from publishers interested in having reviews appear in the RRPE. Contributors are also welcomed and encouraged to prepare reviews of significant books not on this list but that are of interest to RRPE readers. The RRPE publishes three different types of reviews:
{"title":"Books Received (as of March 2023)","authors":"F. Baragar","doi":"10.1177/04866134221145956","DOIUrl":"https://doi.org/10.1177/04866134221145956","url":null,"abstract":"The Review of Radical Political Economics (RRPE) welcomes and actively recruits reviews of significant books that are of interest to RRPE readers. Contributors are invited to prepare reviews of books on the following list, which we have received from publishers interested in having reviews appear in the RRPE. Contributors are also welcomed and encouraged to prepare reviews of significant books not on this list but that are of interest to RRPE readers. The RRPE publishes three different types of reviews:","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"23 1","pages":"217 - 222"},"PeriodicalIF":1.3,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72753208","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: 10.1177/04866134231154025
H. Hartmann
This essay provides an overview of the founding of the Institute for Women’s Policy Research (IWPR) and its research across its first thirty-two years. The formation of its research agenda, the kind of research conducted there, and the influence of feminist economics and radical economics on each other and on IWPR’s research, are discussed, focusing on the importance of both paid and unpaid economic activities by women. IWPR’s work is illustrated by the examples of the wage gap, family leave, and state-based studies. The essay ends with commentary on how social movements can work toward an egalitarian social democracy and economy that meets human needs. JEL Classification: B54, B5, J38, I31
{"title":"Doing Radical Public Policy, Observations from a Feminist Economist","authors":"H. Hartmann","doi":"10.1177/04866134231154025","DOIUrl":"https://doi.org/10.1177/04866134231154025","url":null,"abstract":"This essay provides an overview of the founding of the Institute for Women’s Policy Research (IWPR) and its research across its first thirty-two years. The formation of its research agenda, the kind of research conducted there, and the influence of feminist economics and radical economics on each other and on IWPR’s research, are discussed, focusing on the importance of both paid and unpaid economic activities by women. IWPR’s work is illustrated by the examples of the wage gap, family leave, and state-based studies. The essay ends with commentary on how social movements can work toward an egalitarian social democracy and economy that meets human needs. JEL Classification: B54, B5, J38, I31","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"9 1","pages":"197 - 207"},"PeriodicalIF":1.3,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89251978","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: 10.1177/04866134221141915
{"title":"List of Reviewers 2022","authors":"","doi":"10.1177/04866134221141915","DOIUrl":"https://doi.org/10.1177/04866134221141915","url":null,"abstract":"","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135185883","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 : 2023-02-01DOI: 10.1177/04866134221142057
J. Marangos
The purpose of this article is to develop a post-Keynesian interpretation and viewpoint of the required policies associated with the Greek financial crisis. The Troika, inspired by the book After the Washington Consensus, and with the International Monetary Fund (IMF) acting in a leading role, embraced austerity in their disbursement of funds. The imposed conditionalities induced a deep recession, created an unfathomable challenge for Greece to meet the conditionalities year after year, and resulted in a sequence of failed adjustment programs, one after the other. Scholars, students, and policymakers of the global financial crisis and international development will benefit from these findings because the subject is of current interest and uses Greece as a case study to speak to the ongoing debates about the imposed recession as an antidote to the global financial crisis. JEL Classification: B5, E60, E65
{"title":"The Post-Keynesian Perspective and Policy Recommendations for the Greek Financial Crisis","authors":"J. Marangos","doi":"10.1177/04866134221142057","DOIUrl":"https://doi.org/10.1177/04866134221142057","url":null,"abstract":"The purpose of this article is to develop a post-Keynesian interpretation and viewpoint of the required policies associated with the Greek financial crisis. The Troika, inspired by the book After the Washington Consensus, and with the International Monetary Fund (IMF) acting in a leading role, embraced austerity in their disbursement of funds. The imposed conditionalities induced a deep recession, created an unfathomable challenge for Greece to meet the conditionalities year after year, and resulted in a sequence of failed adjustment programs, one after the other. Scholars, students, and policymakers of the global financial crisis and international development will benefit from these findings because the subject is of current interest and uses Greece as a case study to speak to the ongoing debates about the imposed recession as an antidote to the global financial crisis. JEL Classification: B5, E60, E65","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"160 1","pages":"423 - 447"},"PeriodicalIF":1.3,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86737875","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 : 2023-01-30DOI: 10.1177/04866134221142678
Fusheng Xie, Jiateng Wang, Zhi Li
This article studies the Greek crisis since 2009 with a synthesized Marxian framework by embedding the Greek capital accumulation process into the capitalist core-periphery structure in the European Union, which deteriorated the competitiveness of Greece and adversely impacted its capital accumulation, leading to a relatively low profit rate in the neoliberal era. Institutions of the European Union helped Greece turn to debt-driven accumulation to sustain growth, especially the external debt of government, but the weak productive accumulation because of relatively low profit rate made the accumulation of debt unsustainable in the long run. When doubt was cast on Greece’s capacity to repay its debts, the economy lost external sources of funding, leading to a halt in debt expansion and the burst of the sovereign debt crisis. JEL Classification: E11, F02, O10
{"title":"The Greek Crisis Under Structural Constraints","authors":"Fusheng Xie, Jiateng Wang, Zhi Li","doi":"10.1177/04866134221142678","DOIUrl":"https://doi.org/10.1177/04866134221142678","url":null,"abstract":"This article studies the Greek crisis since 2009 with a synthesized Marxian framework by embedding the Greek capital accumulation process into the capitalist core-periphery structure in the European Union, which deteriorated the competitiveness of Greece and adversely impacted its capital accumulation, leading to a relatively low profit rate in the neoliberal era. Institutions of the European Union helped Greece turn to debt-driven accumulation to sustain growth, especially the external debt of government, but the weak productive accumulation because of relatively low profit rate made the accumulation of debt unsustainable in the long run. When doubt was cast on Greece’s capacity to repay its debts, the economy lost external sources of funding, leading to a halt in debt expansion and the burst of the sovereign debt crisis. JEL Classification: E11, F02, O10","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"92 1","pages":"309 - 332"},"PeriodicalIF":1.3,"publicationDate":"2023-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73643257","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 : 2023-01-30DOI: 10.1177/04866134221146316
Henry Maher
{"title":"Book Review: Capitalism for All: Realizing Its Liberal Promise","authors":"Henry Maher","doi":"10.1177/04866134221146316","DOIUrl":"https://doi.org/10.1177/04866134221146316","url":null,"abstract":"","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"47 7","pages":"358 - 361"},"PeriodicalIF":1.3,"publicationDate":"2023-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72398910","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 : 2023-01-13DOI: 10.1177/04866134221139310
Drucilla K. Barker
This article compares the experiences of resistance and accommodation by the University of South Carolina (USC) and Boğaziçi University to the imposition of a right-wing head of university by government fiat. I begin with a description of the USC case and examine one scholarly response. I offer a critique of that response in terms of the problematics about the gendered subject when involving the principles of free speech and the importance of speaking truth to power. I then turn to the Boğaziçi case and briefly examine two scholarly responses contained in a dossier published in the South Atlantic Quarterly. I conclude with a brief discussion of the differences between the two universities and thoughts about what radicalism entails in practice. JEL Classification: A13, I21, H75, B5
{"title":"Speaking Truth to Power: A Tale of Two Universities","authors":"Drucilla K. Barker","doi":"10.1177/04866134221139310","DOIUrl":"https://doi.org/10.1177/04866134221139310","url":null,"abstract":"This article compares the experiences of resistance and accommodation by the University of South Carolina (USC) and Boğaziçi University to the imposition of a right-wing head of university by government fiat. I begin with a description of the USC case and examine one scholarly response. I offer a critique of that response in terms of the problematics about the gendered subject when involving the principles of free speech and the importance of speaking truth to power. I then turn to the Boğaziçi case and briefly examine two scholarly responses contained in a dossier published in the South Atlantic Quarterly. I conclude with a brief discussion of the differences between the two universities and thoughts about what radicalism entails in practice. JEL Classification: A13, I21, H75, B5","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"31 1","pages":"208 - 216"},"PeriodicalIF":1.3,"publicationDate":"2023-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76162621","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 : 2023-01-13DOI: 10.1177/04866134221140542
C. Lin
Following the commodity-money system that prevailed at the time of his research, Marx assumed the monetary expression of labor time (MELT) to be fixed. This assumption cannot hold in the contemporary regime of non-commodity money. It is essential to resolve the question of how the MELT is determined in a system of non-commodity money. The expression is the ratio of the total paper money circulating in the economy, less all paper money advanced on constant capital, to the total number of socially necessary labor hours exerted in the economy. Expressed algebraically, m = (Mv − C)/L. This model differs from those proposed by Moseley; Saros; Rieu, Lee, and Ahn; and Foley. JEL Classification: B51, E11
{"title":"A Model of the Monetary Expression of Labor Time with Non-commodity Money","authors":"C. Lin","doi":"10.1177/04866134221140542","DOIUrl":"https://doi.org/10.1177/04866134221140542","url":null,"abstract":"Following the commodity-money system that prevailed at the time of his research, Marx assumed the monetary expression of labor time (MELT) to be fixed. This assumption cannot hold in the contemporary regime of non-commodity money. It is essential to resolve the question of how the MELT is determined in a system of non-commodity money. The expression is the ratio of the total paper money circulating in the economy, less all paper money advanced on constant capital, to the total number of socially necessary labor hours exerted in the economy. Expressed algebraically, m = (Mv − C)/L. This model differs from those proposed by Moseley; Saros; Rieu, Lee, and Ahn; and Foley. JEL Classification: B51, E11","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"1 1","pages":"490 - 502"},"PeriodicalIF":1.3,"publicationDate":"2023-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89761689","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 : 2023-01-13DOI: 10.1177/04866134221142084
Daniel Hinze
This book examines the state of the British health and social care system in the age of fiscal austerity. In her kaleidoscopic analysis, Dowling situates the decline of care within the larger context of the even further neoliberal reorientation of the UK government after the 2008 financial crisis. The author paints a vivid picture, replete with a plethora of statistics of the deteriorating state of UK public care. Dowling chronicles the long-standing commitment by successive UK governments of all stripes to increase the role of private business in the care sector on the unproven assumption that the profit motive would improve efficiency and quality beyond what government managers could achieve. Oftentimes private business has indeed achieved cost reductions—although not through better management but through reductions in the number of workers and a more thorough exploitation of the remaining labor force, leading to a reduction in the quality of care, overworked and underpaid staff, and, consequently, recruitment problems. The discussion of UK public care is set in the context of care as an affective, personal relationship between caregiver and care recipient and the class, gender, and racial dimensions of care work. In the United Kingdom, the privatization of large parts of the social care system in particular has led to deteriorating working conditions and precarity for care workers—mainly women and minorities—with low pay and zero-hour contracts. Care in all its manifestations is essential for the social reproduction of (capitalist) society. Within the family it is unseen, unremunerated, and still predominantly women’s responsibility, unless child care and household maintenance are “outsourced.” Then it tends to become the underpaid task of minority and poor women, who also predominate in the home care and care home sector. For Dowling, “ending the care crisis will require a profound shift in mentalities.. . . It does mean giving care a prominent place as a structural condition of our lives.. . . Some kind of ‘we’ built on inclusive solidarity is necessary to achieve change” (206). The key requirements she sets out are as follows:
{"title":"Book Review: The Care Crisis: What Caused It and How Can We End It?","authors":"Daniel Hinze","doi":"10.1177/04866134221142084","DOIUrl":"https://doi.org/10.1177/04866134221142084","url":null,"abstract":"This book examines the state of the British health and social care system in the age of fiscal austerity. In her kaleidoscopic analysis, Dowling situates the decline of care within the larger context of the even further neoliberal reorientation of the UK government after the 2008 financial crisis. The author paints a vivid picture, replete with a plethora of statistics of the deteriorating state of UK public care. Dowling chronicles the long-standing commitment by successive UK governments of all stripes to increase the role of private business in the care sector on the unproven assumption that the profit motive would improve efficiency and quality beyond what government managers could achieve. Oftentimes private business has indeed achieved cost reductions—although not through better management but through reductions in the number of workers and a more thorough exploitation of the remaining labor force, leading to a reduction in the quality of care, overworked and underpaid staff, and, consequently, recruitment problems. The discussion of UK public care is set in the context of care as an affective, personal relationship between caregiver and care recipient and the class, gender, and racial dimensions of care work. In the United Kingdom, the privatization of large parts of the social care system in particular has led to deteriorating working conditions and precarity for care workers—mainly women and minorities—with low pay and zero-hour contracts. Care in all its manifestations is essential for the social reproduction of (capitalist) society. Within the family it is unseen, unremunerated, and still predominantly women’s responsibility, unless child care and household maintenance are “outsourced.” Then it tends to become the underpaid task of minority and poor women, who also predominate in the home care and care home sector. For Dowling, “ending the care crisis will require a profound shift in mentalities.. . . It does mean giving care a prominent place as a structural condition of our lives.. . . Some kind of ‘we’ built on inclusive solidarity is necessary to achieve change” (206). The key requirements she sets out are as follows:","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"26 1","pages":"353 - 355"},"PeriodicalIF":1.3,"publicationDate":"2023-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83078201","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}