Financial crisis has connected Europe with an obvious common pattern which consists the rapidly rise of protest parties that challenge the established political systems. The basic and new feature of these schemes is the intense war rhetoric against the European Union and the vehement rejection...

By comparing the development of landownership in China and England, this paper explores what were behind their different trajectories. In particular, I examined the delineation of property rights, alienation of land, rent and tax, inheritance and accumulation of land. Feudal England was a...

An attempt is made to sum up the basic socio-economic issues in Karl Polanyi's book “The Great Transformation”, which is less known by the economists in our country. Suggesting an alternative to Marx's market economic analysis at the early stages of establishing and imposing the capitalist...

The paper shows how democratic elections in a bi-communal society with entrenched ethnic voting results in an elected oligarchy in which elites of one ethnic group control the allocation of scarce economic resources. Using a simple strategic game, the paper shows that the control of resources...

This article comprises our introduction to the book The Politics of Empire: Globalization in Crisis (Freeman and Kagarlitsky 2004) which we wrote jointly to introduce the articles in that volume, was the outcome of a seminar called in 2002 by the Transnational Institute to assess responses to...

We show that the character and the morality of citizens are important ingredients of economic growth because they go hand in hand with the great institutions of private property, democ-racy, and free markets. Our approach enables us to establish this result by reference to the structure and...

This paper, presented at the Laboratori per la Critica Sociale organised by the Centro Studi Transformazione Economico-Sociali (CESTES-PROTEO), is the English language version of ‘The age of war: From world market to world conquest’, presented at the Forum on the Theoretical analysis of the...