Steve Keen's book, The New Economics: A Manifesto (2021), offers a new path for economics, and for good reason. In his view, neoclassicism, the paradigm that rules modern-day economics, has become a serious menace: "I regard Neoclassical economics as not merely a bad methodology for economic...

שמשון ביכלר ויהונתן ניצן פרסמו באחרונה את ספרם "ההון ושברו" (פרדס, 2022, 602 עמ'), בו הם דנים במשותף בתהפוכות כלכליות ותיאורטיות עדכניות. הספר ראה אור כעשרים שנה לאחר...

הקפיטליזם שולט בעולם. דיונים סוערים מתנהלים בין המלומדים הממסדיים לבין "הביקורתיים" על טיבו של הקפיטליזם הגלובלי. הבעיה היא שטיבו של המוסד המרכזי בקפיטליזם -- ההון...

Preface. This interview was commissioned in October 2019 for a special issue on ‘Accumulation and Politics: Approaches and Concepts’ to be published by the Revue de la régulation. We submitted the text in March 2020, only to learn two months later that it won’t be published. The problem,...

From the article: The French Revolution changed the world. In the new order, the masters no longer need Monsieur Fouche and the thought police. They don’t need guillotines to clip brains and scissors to censor pamphlets. They don’t need strategic-studies institutes to manage oppression and...

Political economists, both mainstream and Marxist, find it difficult to reconcile the «real» and «financial» appearances of capital. The conventional view is that «real» capital is an objective productive entity; that «finance» merely reflects this reality; and that, unfortunately, the...

The paper presents Kenneth Arrow's interpretation of the competitive general equilibrium model, arguing he used it to articulate an ambitious critique of what he called the 'neoclassical theory.' Without arguing that Arrow's account of neoclassical theory was correct, I explore how Arrow was...

The paper proposes that green economists will find the core ideas of the US pragmatist philosopher John Dewey of value both as a critique of the untenable 'rationalism' that permeates the currently dominant neoclassical economics and as an underpinning for their own more holistic, complex,...

The paper proposes a critical discussion of the 'market' mindset that is centred on epistemological concerns relative to its increasing application to matters which predominantly involve moral choices. The issue of climate change is explicitly defined in terms of ethical responsibility to future...