The Failure of Market Solutions and the Green New Deal – Pt 1
The climate crisis demands substantial intervention in the economy beyond mere “market corrections.”
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…