The Law and Political Economy of Mozambique’s Odious Debt

2019 ◽  
Author(s):  
Matthias Goldmann
Keyword(s):  
Political Economy ◽  
The Law ◽  
Odious Debt

scholarly journals Break or Continuity? Friedrich Engels and the Critique of Digital Surveillance

2020 ◽  
Vol 19 (1) ◽  
pp. 97-112
Author(s):  
Dimitrios Kivotidis
Keyword(s):  
Political Economy ◽  
Direct Result ◽  
Democratic Accountability ◽  
Digital Platforms ◽  
Digital Surveillance ◽  
Friedrich Engels ◽  
The Law ◽  
Theory Of Value ◽  
Rate Of Profit ◽  
Analytical Tools

This paper is a contribution to the argument that Engels’s work remains topical and may provide us with the analytical tools necessary to approach contemporary manifestations of capitalist contradictions. Based on Engels’s work on political economy (with emphasis on his contribution to the labour theory of value and the articulation of the law on the tendency of the rate of profit to fall) it will critically review the concept of “surveillance capitalism” as developed by Shoshana Zuboff, in order to explain central aspects of the process of digital surveillance. In particular, it will criticise the view expressed by Zuboff that surveillance capitalism constitutes a break with capitalism’s past and can be tamed through an enhancement of democratic accountability and regulation. Marxist contributions to the critique of digital surveillance have already approached this phenomenon in a many-sided manner. This paper builds upon these contributions and suggests that the exponential growth of digital platforms can be explained as a direct result of the development of capitalist contradictions, especially the contradiction between productive forces and relations of production as expressed in the law of the falling rate of profit.

History versus Theory: A Commentary on Marx’s Method in Capital

2012 ◽  
Vol 20 (2) ◽  
pp. 3-38 ◽  
Author(s):  
David Harvey
Keyword(s):  
Political Economy ◽  
Civil War ◽  
Economic Crisis ◽  
Capitalist Mode ◽  
Laws Of Motion ◽  
The Law ◽  
Historical Writings ◽  
Political Economic ◽  
Total Theory ◽  
Mode Of Production

Abstract The gap between Marx’s theoretical writings on political economy (for example, the three volumes of Capital) and his historical writings (such as The Eighteenth Brumaire of Louis Bonaparte and The Civil War in France) arises out of certain limitations that Marx placed upon his political-economic enquiries. These limitations are outlined in the Grundrisse where Marx distinguishes between the universality of the metabolic relation to nature, the generality of the laws of motion of capital, the particularities of distribution and exchange, and the singularities of consumption. What an analysis of the content of Capital shows is that Marx largely confined his efforts to identifying the law-like character of production to the exclusion of all else. While this allowed him to identify certain laws of motion of capital within any form of the capitalist mode of production, it did not and could not constitute a total theory of a capitalist mode of production. A better understanding of what it is that Marx can do for us through his identification of the general laws of motion leads to a far better appreciation of what it is that we have to do for ourselves in order to make Marx’s theoretical findings applicable to particular conjunctural conditions, such as those that have arisen throughout the economic crisis that began in 2007.

scholarly journals Narrating ‘finances’ after John Law: Complicity, critique, and the bonds of obligation in Duclos and Mouhy

2016 ◽  
Vol 2 (1) ◽  
pp. 25-44
Author(s):  
Julia L. Abramson
Keyword(s):  
Political Economy ◽  
State Policies ◽  
Old Regime ◽  
Administrative Practices ◽  
Common Interests ◽  
The Law ◽  
Positive Representations

Attending to the peculiar significance of finance(s) and the financier in Old Regime France, this article analyzes narratives that rehabilitate both, circa 1740-1755, in their political, social and biographical contexts. Positive representations are not thought to have been common. Yet following the Law debacle, restoration of traditional court finance resulted in effective administrative practices, universalizing policies and opportunities for merit, combined with money, to drive advancement, competing with hereditary privilege. Across genres, Charles Pinot-Duclos and Charles de Fieux, the Chevalier de Mouhy, depicted how upstart elites enact virtue, philanthropy and patriotism through finance. Their depictions reflected State policies and served common interests of writers and their protectors and patrons. Yet by emphasizing tensions in mid-century society, their texts also challenged readers to reflect critically on relations among finance, politics, society and indebtedness, anticipating a later focus on political economy as such. For today’s readers grappling with dilemmas of modern finance, society and obligation, they provide provocative precedents.

scholarly journals BEYOND SAY’S LAW: THE SIGNIFICANCE OF J.-B. SAY’S MONETARY VIEWS

2018 ◽  
Vol 40 (2) ◽  
pp. 217-241 ◽  
Author(s):  
Alain Béraud ◽  
Guy Numa
Keyword(s):  
Political Economy ◽  
Complete Picture ◽  
Monetary Theory ◽  
Economic Crises ◽  
The Subject ◽  
The Law ◽  
The Many ◽  
Proper Context

Jean-Baptiste Say’s notion ofdébouchéshas not been correctly understood, due to the lack of proper context within the framework of his broader political economy. We revisit Say’s writings on this topic, retrace the concept’s evolution, and lay out a framework that better illustrates the essence of Say’s thinking. We argue that Say’s theories on money and economic crises are much richer and more sophisticated than the traditional interpretation of Say’s Law would suggest. Say himself acknowledged that his monetary theory contradicted his initial articulations of the law, a point often missed by contemporary observers. This essay paints a more complete picture of Say’s work, showing how monetary changes could, under his framework, affect real variables. In so doing, it cuts against the many simplistic interpretations that pervade the existing literature on the subject.

scholarly journals Political Economy and Forecasting Tools

2020 ◽  
Vol 14 (2) ◽  
pp. 73-81
Author(s):  
V. Yu. Malov ◽  
B. V. Melentyev
Keyword(s):  
Political Economy ◽  
Spatial Models ◽  
Scientific Basis ◽  
Necessary Condition ◽  
Economic Regulation ◽  
Cash Income ◽  
Industrial Education ◽  
National Economic ◽  
The Law ◽  
The Russian Empire

Modern regional development strategies are implemented only for the part that meets the interests of corporations. The national economic approach is ignored. Western models within the framework of economics do not correspond to the state of the Russian economy. The theories of the peripheral economy of the 19th century were not only accepted but also realised during the reform of the economy of the Russian Empire. Loss of value with a “non-market” approach to exchange with other countries was considered as a necessary condition for “industrial education of the nation”. Examples of projects implemented in Siberia demonstrate this clearly. It is no secret that many infrastructure projects, in particular transport projects, are obviously unprofitable. Pipeline transport is created in the interests of mainly large resource-exploiting companies that prefer export destinations. The economic block of our government is focused on maximising cash income, and preferably as soon as possible. It should be recognised that the theories (scientific basis, if any) used to reform the Soviet economy of the 90s did not correspond to the object. Our economy was in a different environment of economic regulation, in which other laws apply. We propose to use the forecasting experience based on spatial models of the national economic level, which are based on the laws of political economy: maximisation of the degree of satisfaction of the needs of the country’s population, the law of planned (propor tional) development and the law of value.

scholarly journals Law and Political Economy

2014 ◽  
Vol 7 (4) ◽  
pp. 314-322
Author(s):  
Claude Gaudreau
Keyword(s):  
Political Economy ◽  
Experimental Science ◽  
Moral Science ◽  
Positive Law ◽  
The Subject ◽  
The Law

This article is a summary of the respective opinions of Gaëtan Pirou, economist and of Georges Ripert, jurist, on Law and Political Economy, and the author's personal position on the subject. Is Political Economy a human discipline, a science, a doctrine? Does there not exist between the two, relationships and contacts that would be useful and perhaps even necessary to the two kinds of specialists to understand? The author points out certain interesting distinctions to be noted between economic fact and juridical fact, scientific law and positive law, moral science and experimental science. He concludes in emphasizing that the law, economics and other social disciplines complete one another to advantage with all the consequences arising from this.

The Politics of the Police

2019 ◽  
Author(s):  
Benjamin Bowling ◽  
Robert Reiner ◽  
James W E Sheptycki
Keyword(s):  
Political Economy ◽  
Mass Media ◽  
Police Work ◽  
Social Contexts ◽  
Public Perceptions ◽  
The Future ◽  
The Law ◽  
The Mass Media

In its fifth edition, The Politics of the Police has been revised, updated, and extended to take account of recent changes in the law, policy, organization, and social contexts of policing. It builds upon the previous editions’ political economy of policing to encompass a wide global and transnational scope, and to reflect the growing diversity of policing forms. This volume explores the highly charged debates that surround policing, including the various controversies that have led to a change in the public’s opinion of the police in recent years, as well as developments in law, accountability, and governance. The volume sets out to analyse what the police do, how they do it and with what effects, how the mass media shape public perceptions of the police, and how globalization, privatization, militarization, and securitization are impacting on contemporary police work. It concludes with an assessment of what we can expect for the future of policing.

Sign in / Sign up

Export Citation Format

Share Document