“The Current Crisis Of Us Neoliberal Capitalism And Prospects For A New ‘Social Structure Of Accumulation’.”, David Jaffee
Showcase of Faculty Scholarly & Creative Activity
Wage squeeze/profit squeeze crisis theories provide a powerful framework for the historical analysis of US capitalist crises and the alternating demand-side and supply-side social structures of accumulation (SSA). However, the current neoliberal SSA would seem to defy the logic of this model in its persistence in the face of a deep financial crisis and a failure to realize its espoused objectives. This paper reviews this theoretical model of economic crises, its relationship to and viability alongside the rise and establishment of neoliberalism, and some of the political and economic obstacles that would seem to prevent the construction of a ...
Disarticulation And The Crisis Of Neoliberalism In The United States, David Jaffee
Showcase of Faculty Scholarly & Creative Activity
Neoliberal policies instituted since the 1980s have transformed the United States economy in ways that have produced serious structural distortions in the basic operation of capitalism. Using Samir Amin’s concept of disarticulation, previously applied exclusively to the periphery of the world economy, this article argues that the twin and mutually reinforcing features of neoliberalism – global corporate restructuring and financialization – have now generated disarticulation in the core nations. This disarticulated structure is responsible for the economic stagnation and sharply unequal income/wealth distributional outcomes that characterize contemporary U.S. capitalism.
Is Authoritarianism Bad For The Economy? Ask Venezuela – Or Hungary Or Turkey, 2019 Boise State University
Is Authoritarianism Bad For The Economy? Ask Venezuela – Or Hungary Or Turkey, Nisha Bellinger, Byunghwan Son
Political Science Faculty Publications and Presentations
Democracy is at risk worldwide. And the economy may be, too.
Seventy-one out of the world’s 195 countries saw their democratic institutions erode in recent years, according to the 2018 year-end report by democracy watchdog Freedom House, a phenomenon known as “democratic backsliding.” Signs of backsliding include elected leaders who expand their executive powers while weakening the legislature and judiciary, elections that have become less competitive and shrinking press freedom.
Sanctions For Nuclear Inhibition: Comparing Sanctions Conditions Between Iran And North Korea, 2019 Singapore Management University
Sanctions For Nuclear Inhibition: Comparing Sanctions Conditions Between Iran And North Korea, Inwook Kim, Jung-Chul Lee
Research Collection School of Social Sciences
Whendo sanctions succeed in nuclear inhibition? Is there a generalizable frameworkto estimate sanction effectiveness against nuclear aspirants? Instead ofrelying on partial equilibrium analysis, we conceptualize sanctions as threesequential phases—imposition of economic pain, conversation to politicalpressure, and creation (or failure thereof) of zone of possible agreement(ZOPA). The effectiveness of each phase is subject to phase-specific contextualvariables, an aggregation of which helps measure individual sanction’s effectiveness,conduct cross-case comparison, and estimate one’s replicability in other cases.To illustrate its analytical utility, we analyze the divergent sanctionoutcomes between Iran in 2012-2015 and North Korea 2013-2017. Iran waseconomically more vulnerable ...
Rethinking Retirement For The 21st Century, 2019 University of Windsor
Rethinking Retirement For The 21st Century, Stephen C. Russo
Canada’s labour force has been gradually growing older in recent decades. An aging labour force creates significant problems for the country and the future growth of our economy. With an aging labour force, comes the need to start rethinking how Canadians look at retirement in the 21st century and how both the government and private sector can contribute solutions to adapting to an older workforce. This problem is not unique to Canada, most of the industrialized west has been or will begin to experience the same demographic shift as we are in Canada. The main challenge this paper ...
Slogans Appropriate To The Legacy Of Martin Luther King Jr., 2019 Southern Methodist University
Slogans Appropriate To The Legacy Of Martin Luther King Jr., Theodore Walker
Perkins Faculty Research and Special Events
For printing signs, banners, posters, tee shirts, and bumper stickers (and for preaching sermons) that are appropriate to the legacy of Rev. Dr. Martin Luther King Jr., please consider the following slogans: ABOLISH WAR, ABOLISH POVERTY, AMEND THE CONSTITUTION, SUPPORT AN ECONOMIC BILL OF RIGHTS, JOBS FOR ALL, GUARANTEED INCOME FOR ALL, SUPPORT UNIVERSAL BASIC INCOME, and GOOD NEWS TO THE POOR - Luke 4:14-19.
Humanomics: Moral Sentiments And The Wealth Of Nations For The Twenty-First Century, 2019 Chapman University
Humanomics: Moral Sentiments And The Wealth Of Nations For The Twenty-First Century, Vernon Smith, Bart J. Wilson
Economics Faculty Books and Book Chapters
Sometime in the last 250 years, economists lost sight of the full range of human feeling, thinking, and knowing in everyday life. Smith and Wilson show how Adam Smith's model of sociality can re-humanize twenty-first century economics by undergirding it with sentiments, fellow feeling, and a sense of propriety - the stuff of which human relationships are built. Integrating insights from The Theory of Moral Sentiments and the Wealth of Nations into contemporary empirical analysis, this book shapes economic betterment as a science of human beings.
Through The Eyes Of Locals: A Changing Climate In Bolivia, 2019 The University Of Montana
Through The Eyes Of Locals: A Changing Climate In Bolivia, Jacob D. Rex
Undergraduate Theses and Professional Papers
Deforestation and Agricultural Land-Use Change in Bolivia as a Function of Socio-Economic Realities.
This research combines semi-structured interviews of key informants and local participants, as well as field observations, which were conducted between January and April of 2019 in the Departments of Santa Cruz & Chuquisaca.
Essays On Institutions And Development, 2019 University of Kentucky
Essays On Institutions And Development, Andrew Jonelis
Theses and Dissertations--Economics
The essays in this dissertation examine how political institutions affect economic development. In the first essay, I examine how executive control of the legislature shapes the time horizon of governing politicians and its effect on economic growth. The second essay examines how border changes over the past two centuries have provided different areas within modern countries with different institutional histories and how this affects the geographic concentration of economic activity. For the final essay, I examine whether elections have an effect on macroeconomic volatility when controlling for the democratic nature of the regime.
Still Sitting On Men: Understanding The Continuities Of Indirect Rule Through Pre-Colonial Forms Of Female Resistance, Ethnic Power Politics And Economic Violence In Southeast Nigeria, 2019 Bard College
Still Sitting On Men: Understanding The Continuities Of Indirect Rule Through Pre-Colonial Forms Of Female Resistance, Ethnic Power Politics And Economic Violence In Southeast Nigeria, Evan Richardson
Senior Projects Spring 2019
This project exposes that Indirect Rule in Southeastern Nigeria has had direct, significant ramifications on the Political Economic Development of Nigeria through the present day.
Russian Climate Politics In 2019: Concessions And Trade Offs, 2019 Bard College
Russian Climate Politics In 2019: Concessions And Trade Offs, Nikita O. Minin
Senior Projects Spring 2019
In the paper of this project the Russia’s political justifications for the signing of the Kyoto Protocol and the refusal to sign the Paris Accord are analyzed. Russia’s current adaptive strategies and trajectory towards creating a potentially devastating future for the planet are assessed in terms of their economic justifications. Overall this paper argues that the Paris Accord needs to be amended to be economically and politically fair for all signing countries. Currently Russia could lose GDP if they signed the accord, and this is presented as the primary reason for Russia’s refusal to sign. The thesis ...
Postcolonial Exploitation Through Economic Development Tools: A Case Study On France And The Ivory Coast, Keshav R. Prabhu-Schlosser
Senior Projects Spring 2019
Abstract: French monetary control over their colonies in Africa did not decrease after decolonization. Instead, the monetary union, the CFA Franc Zone set the stage for French domination of West Africa for decades to come through their control of pricing and exchange rates. This dominion causes repeated economic downturns, which the governments of the CFA countries are unable to counteract due to the monetary and fiscal restrictions placed upon them through the currency union. These downturns are only offset by repeated injections of capital, which can only come from abroad. In a case study of France and the Ivory Coast ...
The Decision To Decentralize Good Provision In The United States: A Study In Clean Energy Policy, 2019 University of Kentucky
The Decision To Decentralize Good Provision In The United States: A Study In Clean Energy Policy, Whitney Michelle Davis
Theses and Dissertations--Public Policy and Administration
Normative economic theory provides justification for at least partially centralized renewable energy provision due to the large, positive externalities associated with renewable energy production. However, the United States is one of the few countries without centralized renewable energy policy. Instead, the federal government actively chooses decentralized renewable energy provision by using fiscal transfers to support subnational renewable energy development. This dissertation explores why U.S. legislators choose decentralized renewable energy provision by asking two primary questions. First, what is the motivation for using federal fiscal transfers for decentralized renewable energy output considering what we know about positive spillovers and market ...
Developmental Differences: The Role Of Institutions In Oil And Gas Operations Within The State Of Colorado, 2019 University of Colorado, Boulder
Developmental Differences: The Role Of Institutions In Oil And Gas Operations Within The State Of Colorado, John Stafford
Undergraduate Honors Theses
I argue differences in institutional design choices governing western lands have demonstrable effects in the extraction of shale resources. Using GIS data on geographic characteristics and shale development data, I create a dataset which allows a spatial link between institutions, natural resource development, and other parcel metrics. This allows for a test of how institutions governing property affect shale development. Employing a border discontinuity, I indicate that Native American land experiences extensively more shale development, compared to the neighboring private, state, and federal lands containing similar potential for shale development. In sum, this study contributes to the property rights scholarship ...
Islamic State Financing Techniques, 2019 University of Colorado, Boulder
Islamic State Financing Techniques, Henry Louis Allen
Undergraduate Honors Theses
This paper analyzes the currently available information on Islamic State (ISIS) financing techniques. This paper investigates eight Islamic State financing techniques, four of which derive from natural resources and four that involve extralegal and criminal practices. The natural resource funding techniques analyzed include: the production and sale of oil, natural gas, phosphate and a variety of agricultural products. Additionally, the extralegal funding techniques analyzed include: extortion, kidnap for ransom, trafficking in antiquities and foreign donations. This paper examines three key trends and areas for further research that have not yet been identified in the field. First, this paper finds that ...
Mass Atrocities And Their Prevention, 2019 College of the Holy Cross
Mass Atrocities And Their Prevention, Charles H. Anderton, Jurgen Brauer
Economics Department Working Papers
Counting conservatively, and ignoring physical injuries and mental trauma, data show about 100 million mass atrocity-related deaths since 1900. Occurring in war and in peacetime, and of enormous scale, severity, and brutality, they are geographically widespread, occur with surprising frequency, and can be long-lasting in their adverse effects on economic and human development, wellbeing, and wealth. As such, they are a major economic concern. This article synthesizes very diverse and widely dispersed theoretical and empirical literatures, addressing two gaps: a “mass atrocities gap” in the economics literature and an “economics gap” in mass atrocities scholarship. Our goals are, first, for ...
Trump, 2018 Trade War Edition: An Analysis Through The Political And Economic Perspectives, 2019 Claremont Colleges
Trump, 2018 Trade War Edition: An Analysis Through The Political And Economic Perspectives, Yue Shen
CMC Senior Theses
President Trump’s presidency can be characterized as unpredictable, controversial, and unconventional. One such instance is America’s departure from decades of free-trade advocacy under his administration and engagement in trade disputes with numerous nations. By viewing the 2018 trade dispute through the political and economic perspectives, this thesis aims to understand what the motivating factors are for Trump and his administration to pursue such extensive protectionist policies. The author analyzes the tariffs through two main categories: those that target an adversarial power, China, and those that target traditional allies like Canada, Mexico, and the European Union. The thesis finds ...
Modeling The Local Political Economy Of Adulis: 1000 Bce-700 Ace, 2019 University of Massachusetts Amherst
Modeling The Local Political Economy Of Adulis: 1000 Bce-700 Ace, Daniel Habtemichael
This dissertation models the local political economy of Adulis, during Africa’s Classical Age (1000 BCE-700 ACE), by evaluating the materiality of Adulis (built forms and artifacts). Thirty-nine built forms are 3D modeled, and their energetics values (labor and time) are inferred to estimate the social power and wealth that was necessary for the construction of such a built-forms. Two political economy models are used to critically evaluate the energetics data from the built-forms combined to another set of data of essential artifacts from the site. The traditional political economy perspective holds that Adulis is a periphery, a port in ...
The Political Economy Of Accumulation In South Africa: Resource Extraction, Financialization, And Capital Flight As Barriers To Investment And Employment Growth, 2019 University of Massachusetts Amherst
The Political Economy Of Accumulation In South Africa: Resource Extraction, Financialization, And Capital Flight As Barriers To Investment And Employment Growth, Seeraj Mohamed
This dissertation uses a heterodox economics approach to explain poor levels of accumulation in South Africa. This approach to investment theory and models recognizes that many institutions are shaped to help people create stability in a world of fundamental uncertainty and irreversibility. Therefore, this dissertation examines the system of accumulation that developed in South Africa and its evolution. This approach to investment recognizes that beliefs and biases of people running institutions influence investment outcomes and shape ‘path dependence’.
The corporations that grew to dominate the South African economy were formed during colonialism and apartheid. They grew around a core of ...
Do Global Cities Make Green Cities? How Global Governance Impacts Transportation In Bogotá And Medellín, Eleanor Jackson
This thesis examines how global and local governance has combined to deliver effective and sustainable public transportation in cities by comparing Bogotá’s bus rapid transit (BRT) system, TransMilenio, with Medellín’s mass transit system, STIMVA, often referred to as Metro de Medellín. After considering the rationales used to justify local and global authority over climate change, this analysis problematizes the supposed benefits of empowering global and local actors by highlighting the conflicts of interest that plague the elites who mediate the global and the local. In analyzing the global and local interactions, this work draws from extensive literature to ...