The Unreal Basis of Neoclassical Economics

By Al Campbell, Ann Davis, David Fields, Paddy Quick, Jared Ragusett and Geoffrey Schneider American Review of Political Economy – original version Introduction Ten years after the financial crisis, we still find mainstream economists engaging in overly simplistic analysis that does not accurately capture the dynamics of the real world. People studying economics need to … More The Unreal Basis of Neoclassical Economics

New Book: Beyond Defeat and Austerity – Disrupting (the Critical Political Economy of) Neoliberal Europe

By David J Bailey, Mònica Clua-Losada, Nikolai Huke, Olatz Ribera-Almandoz. From Routledge: Much of the critical discussion of the European political economy and the Eurozone crisis has focused upon a sense that solidaristic achievements built up during the post-war period are being continuously unravelled. Whilst there are many reasons to lament the trajectory of change … More New Book: Beyond Defeat and Austerity – Disrupting (the Critical Political Economy of) Neoliberal Europe

New Book: The World-System as Unit of Analysis

Edited by Roberto Patricio Korzeniewicz From Routledge: World-system analyses have recast the study of between- and within-nation country inequality as constituent aspects of a single field of inquiry: the study of inequality and social stratification as processes that always have been global in their very essence. World-system analyses maintain that global social stratification pivots around … More New Book: The World-System as Unit of Analysis

New Book: Karl Marx’s Ecosocialism – Capital, Nature, and the Unfinished Critique of Political Economy

By Kohei Saito. From Monthly Review Press: Karl Marx, author of what is perhaps the world’s most resounding and significant critique of bourgeois political economy, has frequently been described as a “Promethean.” According to critics, Marx held an inherent belief in the necessity of humans to dominate the natural world, in order to end material … More New Book: Karl Marx’s Ecosocialism – Capital, Nature, and the Unfinished Critique of Political Economy