While people in democracies can vote their government out when they are discontent with its policies, those in dictatorships cannot do so. They can only attempt to expel the dictator via mass protests or revolutions. Based on a general cause-and-effect mechanism, the author analyzes whether such...

This article seeks to provide a brief introduction to the sociological looking glass by focusing on some of sociology's founding parents and offering ideas for continued engagement with economics.

This paper compares the fundamental postulates of major economic systems i.e. Capitalism, Socialism, Mixed economy (a hybrid of Capitalism and Socialism) and the Islamic economic system. It identifies through a review of theoretical economics the structural problems that lie in the current...

This paper aims at developing the Capability Approach's (CA) underlying philosophical anthropology and ethics by focusing on the work of its major exponents, Amartya Sen and Martha Nussbaum. I first discuss CA's critique of happiness as subjective well-being and defend the idea of 'flourishing'...

This paper presents Notebook B113, one of Marx’s unpublished manuscripts, and suggests its importance for highlighting the monetary and financial issues which Marx was investigating after 1867. The contents of this notebook reveal a systematic effort to investigate new features of...

William Carroll, Professor of Sociology at University of Victoria, wasinterviewed during the conference “Embeddedness and Beyond: Do Sociological Theories meet Economic Realities?” in Moscow (October 25–28, 2012), where Carroll chaired a section of mini-conference “Capitalist...

This paper presents estimates of the rate of profit on fourteen countries in the long run. The performance shows a clear downward trend, although there are periods of partial recovery in both core and peripheral countries. The behavior of the profit rate confirms the predictions made by Marx,...