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Jacques Ranciere

Jacques Ranciere

2014 IIPPE ANNUAL CONFERENCE

The Crisis: Scholarship, Policies, Conflicts and Alternatives

The International Initiative for the Promotion of Political Economy

Fifth Annual Conference in Political Economy

September 16 – 18, Naples, Italy
The deadline for submission of proposals for papers and panels is 1 April 2014

Call for Papers: http://iippe.org/wp/?page_id=1943

Call for Papers

The economic crisis that started in 2007 has become the deepest global contraction since the Great Depression, and the economic recovery has been the slowest and weakest on record. The costs of the crisis include a wave of unemployment that may take another decade or longer to clear, and higher taxes and reduced public services for working people, such as healthcare and education, in order to bail out wealthy bankers and bondholders. A whole generation, especially the youth, has been blighted by the crisis, which has had devastating consequences for hundreds of millions of people across the world. Protests and violent conflicts have flared up on several continents, in particular in Southern Europe, the Middle East and North Africa, which may develop into larger scale conflicts. From the viewpoint of political economy, the current strategy of ‘adjustment within neoliberalism’ is economically inconsistent, socially dysfunctional and politically intolerable:

* It is built on the premise that neoliberal capitalism is intrinsically stable, even though every finance-driven expansion since the 1970s has ended in a crisis requiring a large state bail-out. In other words, neoliberalism is dynamic only between crises, and it depends in boom and recession on extensive, supportive government intervention.

* It is built on a misguided position on the role of the government in the economy, which assumes that massive fiscal spending is appropriate to support finance in crises, while it is never appropriate for governments to spend even much smaller amounts to protect employment, incomes, living standards and public services, either in better times when obtaining government revenue would be easier or – even – as a more effective response to crises.

* It is also built on the notion that economic and social provision should be subjected to the self interests of the financial system, an unacceptable proposition in itself that becomes absurd when the financial system has clearly demonstrated that it has become highly dysfunctional under neoliberalism.

 

The Fifth Annual Conference in Political Economy will examine the global crisis from the complementary angles of scholarship, policies, conflicts and alternatives. Papers on all aspects of poitical economy are welcome, while those on these topics are especially encouraged.

Practical Information

IIPPE welcomes the submission of (a) proposals for panels (or streams of panels) and (b) proposals for individual papers (which IIPPE will group into panels).

All proposals can be submitted to either the Working Group coordinators or directly to the Conference Programme Committee, as indicated on the application form (see below). Any papers or panels which cannot be accepted by the Working Groups will be forwarded for further consideration by the Programme Committee, without prejudice.

Each proposal must be submitted through this application form (if your browser has problems with this link, please contact Niels Hahn,nh40@soas.ac.uk).

Note that an individual can normally only present only one paper at the conference, although multiple co-authorship is allowed. Please contact Al Campbell (al@economics.utah.edu) if there is a pressing case for someone to present more than once. On the Conference Programme onlythe designated presenter will be listed, and co-authors will only be listed on those papers submitted and posted on the IIPPE site.

The deadline for submission of proposals for papers and panels is 1 April 2014. Successful submissions will be confirmed by 1 May 2014. The deadline for registration for the Conference is 15 May 2014. The deadline for the submission of full papers, which will be posted on the IIPPE website, is 1 September 2014.

If you have any questions concerning your submission, please contact Al Campbell  (al@economics.utah.edu).

Local Organising Committee:

Pietro Masina (pietro.masina@gmail.com)

Michela Cerimele (michela.cerimele@gmail.com)

Lorenza Monaco (l_monaco@soas.ac.uk)

Conference Programme Committee:

Alfredo Saad Filho (as59@soas.ac.uk),

Al Campbell (al@economics.utah.edu)

Niels Hahn ( (nsc.hahn@gmail.com)

 

IIPPE: http://iippe.org/wp/

 

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Capitalist Crisis

CRISIS OF CAPITALISM

Rethinking Marxism: A journal of economics, culture & society

Vol. 22 No. 2
APRIL 2010

http://www.rethinkingmarxism.org

IN THIS ISSUE:

Editors’ Introduction (Full Text)

SYMPOSIUM: CRISIS OF CAPITALISM

The Economic Crisis: A Marxian Interpretation – Stephen Resnick & Richard Wolff
Like most capitalist crises, today’s challenges economists, journalists, and politicians to explain and to overcome it. The post-1930s struggles between neoclassical and Keynesian economics are rejoined. We show that both proved inadequate to preventing crises and served rather to enable and justify (as “solutions” for crises) what were merely oscillations between two forms of capitalism differentiated according to greater or lesser state economic interventions. Our Marxian economic analysis here proceeds differently. We demonstrate how concrete aspects of U.S. economic history (especially real wage, productivity, and personal indebtedness trends) culminated in this deep and enduring crisis. We offer both a class-based critique of and an alternative to neoclassical and Keynesian analyses, including an alternative solution to capitalist crises.

What’s in It for Us? Rethinking the Financial Crisis – Randy Martin
In the aftermath of the financial meltdown, much attention has been given to capital’s crisis. For labor, the crisis augurs more than loss of home, job, or further deterioration of social infrastructure. The evident failure of financial knowledge has wider implications for the purported sovereignty of the professional managerial class in what has been called a knowledge society. Knowledge production has been subordinated to capital yet yielded no mastery of its conditions. Rather, the mutual indebtedness that is a feature of the crisis references an underlying socialization of risk and the work that goes into making it that should properly be the basis for a re-enchantment of socialism.

The Bull-of-Last-Resort: How the U.S. Economy Capitalizes on Nationalism – David Brennan
The dramatic purchase of corporate equities by the U.S. government in 2008 marks a distinct change in the way crises are handled. While many fear that this represents a move toward socialism, others look forward to the progressive possibilities. This paper argues that the policy of massively purchasing stocks is an attempt to provide support for equity values when no other bull could be found. This policy was used because high share values provide important class conditions of existence for capitalist exploitation today. As a consequence, the move to “nationalize” is viewed here as an attempt to protect the capitalist status quo. In this regard, the goals of current government policy are no different from past interventions.

The Green Economy: Grounds for a New Revolutionary Imaginary? – Boone Shear
In this essay I report on and briefly consider the composition, goals, and practices of some social actors in the green economy movement in Massachusetts, where I live. While cognizant of elite interests and state power that are working to shore up capitalist relations of production, I choose to amplify some of the openings and possibilities for intervention and transformation in the green economy rather than focusing on critique or (the very real) possibilities of cooptation and complicity. In doing so I hope to underscore the importance of the following questions: What new discursive formations are emerging from green economic imaginings? How are discourses constructed and contested and what new subjects are being produced in relation to a green social imaginary? Under what conditions are non-capitalist desires being created? What are the possibilities for a new left historical bloc?

2008: A New Chapter for U.S. Imperialism – Antonio Callari
This essay argues that the current economic crisis normalizes a transformation of the U.S. imperialist structure of surplus “accumulation.” Whereas the prior form of imperialism worked to create the conditions for surplus value production within the United States, the new imperialism works to channel globally produced surplus back to it. And whereas the prior form of imperialism was characterized by relatively high labor-power values in the United States, the new imperialism is characterized by a lowering of the value of labor power. The current economic crisis works to normalize this lowering of the value of labor power in the United States. It is this lowering of the value of labor power that sets the conditions for class struggle over the foreseeable future and thus the terms for Marxian theoretical and political work.

Mortgage Stakeholders, 2008 – Damon Rich & Larissa Harris
Red Lines Housing Crisis Learning Center is an exhibition developed between 2006 and 2008 at MIT’s Center for Advanced Visual Studies by artist and designer Damon Rich. An idiosyncratic history of American home finance realized in outsized objects, models, photographs, found artifacts, text, and video documents, the exhibition opened at MIT in September 2008 in the midst of the global crisis spurred by some of its subject matter, and travelled to the Queens Museum of Art in Spring 2009. As in his work with the education non-profit Center for Urban Pedagogy (CUP), which he founded in 1997, Rich,who was trained as an architect and works as an urban designer, asked a question about the built environment–in this case, how is it paid for?–in order to tell a story about race, class, private capital, and public power in the United States.

Betting the House – Anette Baldauf
Since spring 2008, an unprecedented housing crisis has left the front yards of U.S. single-family homes littered with “For Sale” signs, foreclosure notices, and dead flowers. The crisis has emptied out entire neighborhoods in Florida, California, Arizona, and Nevada, destroying years of sustained community building. What is happening in the United States of America? How is it that mostly ethnic minorities and women are stripped of their minimal savings, and why is such a vast rip-off possible? If so many Americans are now dispossessed, relocated to shantytowns, or worse, dumped onto the street, why aren’t they marching on Wall Street? And, finally, are Marxist theorists able to make sense of this tragedy?

As the World Turns: Globalization, Consumption, and the Feminization of Work – Drucilla K. Barker and Susan F. Feiner
It is widely argued that global imbalances are the cause of the financial crisis. Political imbalance (the United States as dominant world force) mirrors economic imbalance (the debt-financed consumption sprees of the past three decades). There is, however, a missing (third) term—gender, which is constitutive of the economy both discursively and materially. Gender, in this sense, is a governing code that feminizes women as well as economically, racially, and culturally marginalized men. The feminization of labor made the consumption patterns of the elite possible and naturalized the type of hegemonic masculinity that characterized the international finance system.

Collaborators in Crisis – Harriet Fraad
This article explores the roots of U.S. passivity as the recent economic crisis loots American lives. It looks at four collaborators in this crisis. One is the recent capitalist economic breakdown. A second is the end of traditional gender roles and marriage. A third is the fall in participation in collectives of almost all kinds. The fourth is the anesthetizing of Americans with psychotropic drugs. I also explore ways to reactivate Americans.

Tragedy and Farce in the Second Great Depression: A Marxian Look at the Panic of 2008 and its Aftermath – Asatar Bair

Capitalism in Crisis

In this essay I recount some of the farcical things that were said about the economic prospects of the United States at the end of the great housing boom and the peak of the stock market in 2007; then I turn to a discussion of the causes of the Panic of 2008, examining the relation between productive and unproductive labor in the economy. I discuss the explanations according to which the Panic and subsequent Second Great Depression are blamed on neoliberal ideology. I critically examine the call for a Keynesian solution of government regulation and stimulus, counterposing it to a Marxian strategy of class transformation.

ALSO IN THIS ISSUE:

Beyond Equality
David M. Bholat
My paper explores the character of Marx’s critique of equality as an ideal and the salience this critique has for progressives today. I suggest a reading of Marx different from the standard Marxist critique of liberalism as an emancipatory but unrealized set of ideals whose primary function in capitalist society is to conceal its conditions of inequality and unfreedom. Rather, I argue that Marx gestures at the limitations of liberal ideals, and shows why they are logically compatible with capital. This means that progressives are tasked with transcending, rather than merely appropriating, ideals such as freedom and equality.

REMARX

Task of the Dreamer
Marc Kaminsky
The incidents in this short story are refracted through the shattered sensorium of a traumatized but ethically intact survivor of the Holocaust. His narrative kaleidoscopically reconfigures horror and everyday life, nightmare and history, the gates of a Jewish ghetto in Nazi-occupied Poland and a checkpoint at the border between Israel and Palestine during the First Intifada. His act of witness defends the specificity of the human being, the other, in the face of the reasons of state and the abstractions of ideology.

REVIEW

Marx is Back: The Marx-Engels-Gesamtausgabe (MEGA) Project
Marcello Musto
After years of neglect, a definitive edition of Marx’s collected works is once more under way. Included are not only the published works of Marx and Engels, but all known correspondence and numerous notebooks of excerpts that are foundational for understanding the development of Marx’s thought. As a result of this project, a different and less dogmatic Marx emerges.

http://www.rethinkingmarxism.org

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The Storm in the World Economy

 

Uncaptive Minds Discussion Forum

 

16th February 2009

 

http://thecommune.wordpress.com/2009/02/10/16th-february-forum-the-storm-in-the-world-economy/

 

The last winter has seen the biggest breakdown in the world financial system since the Great Depression, and the opening-up of what promises to be a deep and prolonged recession.

 

Banks have collapsed. Household names from Woolworths to Wedgwood have gone to the wall. The ideological dominance of the free-marketers and neoliberals has been swept away.

 

And yet few are challenging the real cause of the crisis – capitalism itself. The broadsheets write acres about Karl Marx, but in most Western countries the workers’ movement is not even fit to take a punch at the ruling class.

 

We will be discussing the composition of the global working class today, its relation to the economic crisis and the prospects of uprooting this system.

 

Speakers:

 

Kim Moody (leading figure in the American rank-and-file trade union publication Labor Notes)

 

Andrew Fisher (Left Economics Advisory Panel)

 

 

7pm, Monday 16th February, Lucas Arms, Nr. King’s Cross, London

http://thecommune.wordpress.com/2009/02/10/16th-february-forum-the-storm-in-the-world-economy/

 

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