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LPE Originals

Dead Again? Mutant Neoliberalism and Crisis Reinvention

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Will the rise of new political forces and the explosion of global crises sound neoliberalism’s death knell? Or will ostensible challenges to existing political and economic orders instead catalyze new mutations in neoliberalism’s dynamic development? Mutant Neoliberalism, a recent edited collection, brings together leading scholars of neoliberalism—political theorists, historians, philosophers, anthropologists and sociologists—to rethink transformations…
LPE Originals

Are We Prisoners of Technological Fate?

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The Meritocracy Trap’s account of the relationships among elite education, skill-biased technical change, and rising economic inequality is, in my mind, one of the book’s most important arguments, even as it is undoubtedly one of the least discussed. I’m therefore delighted and grateful that Gordon chose to focus his attention on these matters.
LPE Originals

Are the Rich Rentiers or Superordinate Workers?

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This is the third post in our series discussing The Meritocracy Trap by Daniel Markovits. Click here to read all posts in the series.  I am grateful to the LPE Blog for hosting this exchange about The Meritocracy Trap. Today’s post will take up Hart’s and Steinbaum’s post and focus on facts, and tomorrow’s will turn to Gordon’s post…
LPE Originals

In Praise of Blindspots

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Economic models produce blindspots, compressing qualitative differences into quantitative measures. Yet, this vice is also the source of their power.
LPE Originals

Tracking Extraction

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If “law and political economy” examines the role of law in constituting and regulating marketcraft and statecraft, one way of “doing” LPE is to look for the role of law in managing the processes by which capitalists extract value from activity putatively outside “the economy.”