Holman and McMahon, ‘From Power over Creation to the Power of Creation’

November 20, 2017

ABSTRACT This article is a critical investigation and application of the aesthetic theory of Cornelius Castoriadis, one of the most important 20th-century theorists of radical democracy. We outline Castoriadis’s thoughts on autonomy, the social-historical nature of Being, and creation — key elements that inform his model of democratic culture. We then develop a Castoriadian critique … Read More

Bichler and Nitzan, Supelano, Un Modelo CcP Del Mercado De Valores (A CasP Model of the Stock Market)

May 25, 2017

SPANISH ABSTRACT La mayoría de las explicaciones de las alzas y bajas del mercado de valores se basan en la comparación de la lógica “fundamental” subyacente de la economía con los factores exógenos que supuestamente la distorsionan. Este artículo presenta un modelo radicalmente distinto, y examina el mercado de valores desde la perspectiva del poder … Read More

DiMuzio and Dow, ‘Uneven and Combined Confusion’

February 17, 2017

ABSTRACT This article offers a critique of Alexander Anievas and Kerem Nişancioğlu’s “How the West came to rule: the geopolitical origins of capitalism”. We argue that while all historiography features a number of silences, shortcomings or omissions, the omissions in How the West came to rule lead to a mistaken view of the emergence of … Read More

Bichler and Nitzan, ‘A CasP Model of the Stock Market’

December 15, 2016

ABSTRACT Most explanations of stock market booms and busts are based on contrasting the underlying ‘fundamental’ logic of the economy with the exogenous, non-economic factors that presumably distort it. Our paper offers a radically different model, examining the stock market not from the mechanical viewpoint of a distorted economy, but from the dialectical perspective of … Read More

Park, Hyeng-Joon, ‘Korea’s Post-1997 Restructuring’ Winner of the RRPE Annual Best Paper Award for 2016

October 25, 2017

*** Winner of the RRPE Annual Best Paper Award for 2016 *** ABSTRACT This paper is a postprint of an article published by the Review of Radical Political Economics (0486613415594147, first published on August 20, 2015 as doi:10.1177/0486613415594147).] This paper aims to transcend current debates on Korea’s post-1997 restructuring, which rely on a dichotomy between … Read More

Baines, ‘Accumulating through Food Crisis? Farmers, Commodity Traders and the Distributional Politics of Food Crisis’

May 2, 2017

ABSTRACT This paper considers the domestic and international ramifications of financialization and grain price instability in the US agri-food sector. It finds that during the recent period of high and volatile prices, the average income of large-scale farms reached the earnings threshold of the top percentile of US households, and agricultural commodity traders markedly outperformed … Read More

Fix, ‘Energy and Institution Size’

February 10, 2017

ABSTRACT Why do institutions grow? Despite nearly a century of scientific effort, there remains little consensus on this topic. This paper offers a new approach that focuses on energy consumption. A systematic relation exists between institution size and energy consumption per capita: as energy consumption increases, institutions become larger. I hypothesize that this relation results … Read More

Park and Doucette, ‘Financialization or Capitalization? Debating Capitalist Power in South Korea in the Context of Neoliberal Globalization’

October 26, 2016

ABSTRACT The article reviews debates concerning financialization in South Korea, with a focus on ongoing arguments between liberal, post-Keynesian, institutionalist and Marxist economists. It argues that post-Keynesian and institutionalist perspectives in particular neglect important class processes through which the financial circuit operates within the Korean economy, especially the power of Korea’s large, family-led conglomerates, or … Read More