{"title":"On Jordanna Matlon’s A Man among Other Men: The Crisis of Black Masculinity in Racial Capitalism, Ithaca, NY, Cornell University Press, 2022","authors":"","doi":"10.1093/ser/mwad020","DOIUrl":"https://doi.org/10.1093/ser/mwad020","url":null,"abstract":"","PeriodicalId":47947,"journal":{"name":"Socio-Economic Review","volume":null,"pages":null},"PeriodicalIF":3.7,"publicationDate":"2023-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47867179","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In this article, we provide a critique of the concept of crony capitalism as the dominant explanation of change in economies in transition-based as it is on an idealized technocratic representation of ‘free markets’. We do this through an analysis of the fall of the Croatian company Agrokor, one of the most important companies in post-socialist Southeast Europe. The Agrokor case allows for an understanding of state-economy restructurings in times of crisis, and the competing temporalities and rhythms of corporate practices, political interventions and public perceptions. Agrokor can be considered as a symbol of many of the unfolding contradictions of transnational capitalism in the semi-periphery. The nature of Agrokor’s demise is understood as a result of the hyper-financialization of the firm and the rise of transnational predatory finance. The translation of liquidity and debt crises into a fundamental restructuring of the conglomerate, ushering in a shift in power and control, is the product of active work by a range of agents and an attempted resolution, partial and unfinished, of a struggle for dominance between fractions of capital.
{"title":"Beyond crony capitalism: financialization, flexible actors and private power in transition economies—the case of Agrokor","authors":"P. Stubbs, Mislav Žitko","doi":"10.1093/ser/mwad035","DOIUrl":"https://doi.org/10.1093/ser/mwad035","url":null,"abstract":"\u0000 In this article, we provide a critique of the concept of crony capitalism as the dominant explanation of change in economies in transition-based as it is on an idealized technocratic representation of ‘free markets’. We do this through an analysis of the fall of the Croatian company Agrokor, one of the most important companies in post-socialist Southeast Europe. The Agrokor case allows for an understanding of state-economy restructurings in times of crisis, and the competing temporalities and rhythms of corporate practices, political interventions and public perceptions. Agrokor can be considered as a symbol of many of the unfolding contradictions of transnational capitalism in the semi-periphery. The nature of Agrokor’s demise is understood as a result of the hyper-financialization of the firm and the rise of transnational predatory finance. The translation of liquidity and debt crises into a fundamental restructuring of the conglomerate, ushering in a shift in power and control, is the product of active work by a range of agents and an attempted resolution, partial and unfinished, of a struggle for dominance between fractions of capital.","PeriodicalId":47947,"journal":{"name":"Socio-Economic Review","volume":null,"pages":null},"PeriodicalIF":3.7,"publicationDate":"2023-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43734515","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This article introduces the first-ever full kinship network of an upper-class population in a US city (n = 12 273). Multigenerational class transmission models tend to conceptualize families as father–son chains, especially for the upper class, but I systematically include women, finding that nearly 70% of Dallas high society from 1895 to 1945 was related in a single web encompassing most of the city’s wealthy, powerful, and high-status people. Because elites did not always have sons, nearly three times more families persisted over the 50-year period than patrilineal measures would suggest. Almost all persistent families connected to the web, and they connected more deeply than non-persistent families. Three case studies demonstrate that women and kin ties beyond the patrilineage frequently drove elite family persistence. Upper-class populations are best understood not as collections of distinct dynasties that live or die with the success of sons, but as complex, durable family webs.
{"title":"The family web: Multigenerational class persistence in elite populations","authors":"Shay O’Brien","doi":"10.1093/ser/mwad033","DOIUrl":"https://doi.org/10.1093/ser/mwad033","url":null,"abstract":"\u0000 This article introduces the first-ever full kinship network of an upper-class population in a US city (n = 12 273). Multigenerational class transmission models tend to conceptualize families as father–son chains, especially for the upper class, but I systematically include women, finding that nearly 70% of Dallas high society from 1895 to 1945 was related in a single web encompassing most of the city’s wealthy, powerful, and high-status people. Because elites did not always have sons, nearly three times more families persisted over the 50-year period than patrilineal measures would suggest. Almost all persistent families connected to the web, and they connected more deeply than non-persistent families. Three case studies demonstrate that women and kin ties beyond the patrilineage frequently drove elite family persistence. Upper-class populations are best understood not as collections of distinct dynasties that live or die with the success of sons, but as complex, durable family webs.","PeriodicalId":47947,"journal":{"name":"Socio-Economic Review","volume":null,"pages":null},"PeriodicalIF":3.7,"publicationDate":"2023-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42406258","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This article analyzes and theorizes the political strategies of businesses in the new digital ‘platform’ economy. Airbnb, Uber and meal delivery companies have transformed travel, urban space and repertoires of everyday exchange; they are also transforming norms around governance. Central to platforms corporate political strategies is the use of corporate grassroots lobbying (CGL), the selection, mobilization, resourcing and coordination of ordinary users and grassroots allies to influence the public and policy-making process. The article argues that platforms build on, and make five innovations to, the most common existing repertoires of CGL. Four main approaches of CGL among these businesses are also identified: temporary mobilization; curated storytelling; front groups; and grassroots alliances. The article demonstrates how these approaches to CGL are deployed and combined, using Airbnb as the main case study. Finally, I reflect on the implications of the findings for the platform economy, corporate political activity and socioeconomic change.
{"title":"How platform businesses mobilize their users and allies: Corporate grassroots lobbying and the Airbnb ‘movement’ for deregulation","authors":"Luke Yates","doi":"10.1093/ser/mwad028","DOIUrl":"https://doi.org/10.1093/ser/mwad028","url":null,"abstract":"\u0000 This article analyzes and theorizes the political strategies of businesses in the new digital ‘platform’ economy. Airbnb, Uber and meal delivery companies have transformed travel, urban space and repertoires of everyday exchange; they are also transforming norms around governance. Central to platforms corporate political strategies is the use of corporate grassroots lobbying (CGL), the selection, mobilization, resourcing and coordination of ordinary users and grassroots allies to influence the public and policy-making process. The article argues that platforms build on, and make five innovations to, the most common existing repertoires of CGL. Four main approaches of CGL among these businesses are also identified: temporary mobilization; curated storytelling; front groups; and grassroots alliances. The article demonstrates how these approaches to CGL are deployed and combined, using Airbnb as the main case study. Finally, I reflect on the implications of the findings for the platform economy, corporate political activity and socioeconomic change.","PeriodicalId":47947,"journal":{"name":"Socio-Economic Review","volume":null,"pages":null},"PeriodicalIF":3.7,"publicationDate":"2023-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49055677","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study introduces a bounded rationality approach to welfare preference formation under exposure to labor market risks. It argues that risk exposure only increases welfare demand when it is reasonable to assume that workers are aware of their risk exposure and when future-related concerns are currently salient. Empirical analyses of longitudinal data from Switzerland and 28 European countries support the theory. Swiss workers only optimize their welfare preferences in a forward-looking manner when they become unemployed, and only the national unemployment rate is found to increase welfare demand in European countries. In contrast, a variety of risks on the occupational and individual level drawn from previous research are found to be unrelated with welfare preferences. The implication is that the risk exposure of employed workers may matter less for their welfare preferences and downstream political phenomena such as voting behavior than commonly expected.
{"title":"Labor market risks and welfare preferences: a bounded rationality approach","authors":"Leo Ahrens","doi":"10.1093/ser/mwad034","DOIUrl":"https://doi.org/10.1093/ser/mwad034","url":null,"abstract":"This study introduces a bounded rationality approach to welfare preference formation under exposure to labor market risks. It argues that risk exposure only increases welfare demand when it is reasonable to assume that workers are aware of their risk exposure and when future-related concerns are currently salient. Empirical analyses of longitudinal data from Switzerland and 28 European countries support the theory. Swiss workers only optimize their welfare preferences in a forward-looking manner when they become unemployed, and only the national unemployment rate is found to increase welfare demand in European countries. In contrast, a variety of risks on the occupational and individual level drawn from previous research are found to be unrelated with welfare preferences. The implication is that the risk exposure of employed workers may matter less for their welfare preferences and downstream political phenomena such as voting behavior than commonly expected.","PeriodicalId":47947,"journal":{"name":"Socio-Economic Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134891945","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Building on, and going beyond, the state-of-the-art literature, this article aims to advance the analysis and conceptualization of the financialization of households. It argues that there is a need to better conceptualize the household and that the relations between households and other actors in financialized capitalism require further elaboration. Its contribution rests on providing a high-level review of literature and on proposing a relational and activity-orientated approach to the household as a micro-level social institution performing its activities through a web of relationships. Furthermore, it builds on the concept of ‘financial chains’ to draw attention to power relations and transfers of value between households and other economic actors. In doing so, the article also highlights the uneven ways through which households are inserted into such ‘financial chains’ and explores social, spatial and temporal dimensions of household financialization. Finally, it suggests avenues for further research.
{"title":"Making sense of the financialization of households: state of the art and beyond","authors":"Alicja Bobek, Marek Mikuš, M. Sokol","doi":"10.1093/ser/mwad029","DOIUrl":"https://doi.org/10.1093/ser/mwad029","url":null,"abstract":"\u0000 Building on, and going beyond, the state-of-the-art literature, this article aims to advance the analysis and conceptualization of the financialization of households. It argues that there is a need to better conceptualize the household and that the relations between households and other actors in financialized capitalism require further elaboration. Its contribution rests on providing a high-level review of literature and on proposing a relational and activity-orientated approach to the household as a micro-level social institution performing its activities through a web of relationships. Furthermore, it builds on the concept of ‘financial chains’ to draw attention to power relations and transfers of value between households and other economic actors. In doing so, the article also highlights the uneven ways through which households are inserted into such ‘financial chains’ and explores social, spatial and temporal dimensions of household financialization. Finally, it suggests avenues for further research.","PeriodicalId":47947,"journal":{"name":"Socio-Economic Review","volume":null,"pages":null},"PeriodicalIF":3.7,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48478960","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Abstract The scholarship on informal domestic work remains heavily dominated by the marginalization discourse, describing this form of work as being an exploitative and abusive endeavour. In contrast, drawing on the relational work perspective from economic sociology, we conceive of informal domestic work as embedded in a relational infrastructure of social ties and reciprocal favours. In doing so, our article addresses the following overarching question: to what extent are the informal domestic work relations reciprocal instead of [or in addition to] being only exploitative and abusive? Drawing on in-depth interviews with 90 paid domestic workers and their employers, our findings reveal that while these domestic workers typically operate within the constrained opportunity structures, their work relations comprise a tacit sociological element of reciprocal benefits. However, we also conclude that by infusing these work relations with reciprocal elements, the domestic workers indeed gain something but also ultimately reinforce their unequal position.
{"title":"An economic sociology perspective on informal domestic work relations: a study of domestic workers and their employers in Pakistan","authors":"Muhammad Shehryar Shahid, Jawad Syed","doi":"10.1093/ser/mwad030","DOIUrl":"https://doi.org/10.1093/ser/mwad030","url":null,"abstract":"Abstract The scholarship on informal domestic work remains heavily dominated by the marginalization discourse, describing this form of work as being an exploitative and abusive endeavour. In contrast, drawing on the relational work perspective from economic sociology, we conceive of informal domestic work as embedded in a relational infrastructure of social ties and reciprocal favours. In doing so, our article addresses the following overarching question: to what extent are the informal domestic work relations reciprocal instead of [or in addition to] being only exploitative and abusive? Drawing on in-depth interviews with 90 paid domestic workers and their employers, our findings reveal that while these domestic workers typically operate within the constrained opportunity structures, their work relations comprise a tacit sociological element of reciprocal benefits. However, we also conclude that by infusing these work relations with reciprocal elements, the domestic workers indeed gain something but also ultimately reinforce their unequal position.","PeriodicalId":47947,"journal":{"name":"Socio-Economic Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134891946","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The ‘Added Worker Effect’ (AWE) theory posits that partners of the unemployed provide intra-household insurance by increasing their earnings. However, estimates of the AWE are small. Popular explanations include lacking need (e.g. due to generous unemployment benefits), capacity or willingness to increase earnings, though these explanations are seldom tested systematically. Using Swiss administrative data and difference-in-differences estimates, we find an overall AWE among only non-working women. We find no systematic differences in AWEs between couples with differing needs or capacities, but aspects related to willingness like marriage, long marital duration and shared biological children are associated with higher AWEs. Men’s overall slight reduction in earnings upon their partners’ unemployment is driven by young, childless, cohabiting men. Overall, compared to unemployment insurance, in all studied subgroups, the AWE is a minimal source of insurance.
{"title":"What limits intra-household insurance or the ‘Added Worker Effect’?","authors":"Debra Hevenstone, Dorian Kessler, Larissa Luchsinger","doi":"10.1093/ser/mwad025","DOIUrl":"https://doi.org/10.1093/ser/mwad025","url":null,"abstract":"\u0000 The ‘Added Worker Effect’ (AWE) theory posits that partners of the unemployed provide intra-household insurance by increasing their earnings. However, estimates of the AWE are small. Popular explanations include lacking need (e.g. due to generous unemployment benefits), capacity or willingness to increase earnings, though these explanations are seldom tested systematically. Using Swiss administrative data and difference-in-differences estimates, we find an overall AWE among only non-working women. We find no systematic differences in AWEs between couples with differing needs or capacities, but aspects related to willingness like marriage, long marital duration and shared biological children are associated with higher AWEs. Men’s overall slight reduction in earnings upon their partners’ unemployment is driven by young, childless, cohabiting men. Overall, compared to unemployment insurance, in all studied subgroups, the AWE is a minimal source of insurance.","PeriodicalId":47947,"journal":{"name":"Socio-Economic Review","volume":null,"pages":null},"PeriodicalIF":3.7,"publicationDate":"2023-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44554936","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Correction to: Structural adjustment and the political economy of capital flight","authors":"","doi":"10.1093/ser/mwad032","DOIUrl":"https://doi.org/10.1093/ser/mwad032","url":null,"abstract":"","PeriodicalId":47947,"journal":{"name":"Socio-Economic Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135601620","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The adoption of statutory minimum wages (MWs) has been accompanied by institutional innovations in the relationship between governments, employers and unions. In the UK and Germany, MW commissions were created to recommend or determine the MW. Their memberships are dominated by trade unionists and employers. Structures that engage the social partners ‘in the shadow of hierarchy’ can be efficient as well as politically expedient. They will be stable if, first, the social partners can establish a consensual basis for decisions and, second, this consensus position is near enough to the government’s position not to trigger intervention. The first condition has been met but not the second: both in the UK and Germany, governments have overridden employers and unions in order to introduce higher MWs. The article explores why this has happened and draws out the implications for MW fixing and the stability of shadow-of-hierarchy arrangements.
{"title":"In the shadow of hierarchy: minimum wage commissions in the UK and Germany","authors":"D. Mabbett","doi":"10.1093/ser/mwad027","DOIUrl":"https://doi.org/10.1093/ser/mwad027","url":null,"abstract":"\u0000 The adoption of statutory minimum wages (MWs) has been accompanied by institutional innovations in the relationship between governments, employers and unions. In the UK and Germany, MW commissions were created to recommend or determine the MW. Their memberships are dominated by trade unionists and employers. Structures that engage the social partners ‘in the shadow of hierarchy’ can be efficient as well as politically expedient. They will be stable if, first, the social partners can establish a consensual basis for decisions and, second, this consensus position is near enough to the government’s position not to trigger intervention. The first condition has been met but not the second: both in the UK and Germany, governments have overridden employers and unions in order to introduce higher MWs. The article explores why this has happened and draws out the implications for MW fixing and the stability of shadow-of-hierarchy arrangements.","PeriodicalId":47947,"journal":{"name":"Socio-Economic Review","volume":null,"pages":null},"PeriodicalIF":3.7,"publicationDate":"2023-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45102891","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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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