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.”
The Massachusetts State Legislature’s Joint Committee on Housing is currently considering two bills that would revive rent control in the state. The first bill caps rent increases for not-owner-occupied residential housing at the CPI not to exceed 5%, with an income eligibility proviso. The second much more ambitious bill authorizes localities to choose among a…
NB: This post is part of a symposium on law and global value chains co-convened with the Institute for Global Law and Policy’s Law and Global Production Working Group. The Law-in-Global-Value-Chains perspective adopted in the Research Manifesto and introduced the initial blog of this series is based on the recognition that law is endogenous to…
Over the past year, student organizing has become an important part of the Law and Political Economy Project. This week we’re highlighting the work of several LPE student chapters. We hope that by amplifying their work, we can reach more students at more law schools.
A collaboration of law faculty across several law schools announces a new initiative, the Law and Political Economy (LPE) Project. The Project will bring together a network of legal scholars, practitioners, and students developing innovative methods to challenge the dominance of market fundamentalism within legal scholarship and practice today. It is currently centered at Yale Law…
The climate crisis demands substantial intervention in the economy beyond mere “market corrections.”
One of today’s most urgent questions is how to combine an analysis of capitalism with an analysis of democracy. The rolling socio-economic crises of the last decade, highlighted by the global financial meltdown, have laid bare the extent to which American society is marked by fundamental and irreconcilable conflicts between those enjoying economic power and…
In the prior two posts in this set I described how the leading mainstream economic explanation of rising inequality and its primary critique treat technology. Here, what I’ll try to do is synthesize out of the work of many of us in the field an understanding of a political economy of technology that gives technology a meaningful role in the dynamic, but integrates it with institutions and ideology such that it becomes an appropriate site of struggle over the pattern of social relations, rather than either a distraction or a source of legitimation.
In their first post on this blog, Amy, David, and Jed assert that “politics and the economy cannot be separated.” Nevertheless, as they also observe, the separation of the two – as, for example, in the idea that economic activity is determined by laws of supply and demand that lie outside the power of governments…
