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Journal Cover Review of Radical Political Economics
  [SJR: 0.304]   [H-I: 15]   [2 followers]  Follow
   Hybrid Journal Hybrid journal (It can contain Open Access articles)
   ISSN (Print) 0486-6134 - ISSN (Online) 1552-8502
   Published by Sage Publications Homepage  [851 journals]
  • Can Public Policies Bring about the Democratization of the Outsourcing of
           Household Tasks?
    • Authors: Devetter; F.-X.
      Pages: 365 - 393
      Abstract: For twenty years or so, the outsourcing of household tasks has been considered to be increasing in many countries. In some countries (particularly in France), extensive public policies have been put in place to develop demand and create employment by explicitly seeking to democratize consumption, which still predominantly concerns more affluent households. By using both quantitative and qualitative data, this paper aims to gain a better understanding of the factors of demand for these services and to examine the possibility of bringing the process of democratization to a successful conclusion. Due to the originality of the data used, my approach differs from previous research in two main areas: first, it highlights the lack of democratization of the consumption of these services (among working-age households), and second, it identifies the two forms of inequality underlying their development.
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415594159
      Issue No: Vol. 48, No. 3 (2016)
  • The Transformation of Values into Prices of Production in Marxs Scheme of
           Expanded Reproduction
    • Authors: Diaz, E; Velasco, F.
      Pages: 394 - 416
      Abstract: This paper analyzes the formation of a general rate of profit and the subsequent prices of production in the context of Marx’s two-sector scheme of expanded reproduction. We show that a consistent solution of the transformation problem can be derived by incorporating the original transformation procedure into the inter-temporal equilibrium framework provided by the scheme of accumulation. Previous solutions for the special case of simple reproduction are also examined, and it is shown that all these solutions rest on the restrictive assumption of constant wage rates.
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415594146
      Issue No: Vol. 48, No. 3 (2016)
  • Janus Ante Portas: Distribution and Class Struggle in a Bank-Money World
    • Authors: Susnik; U.
      Pages: 417 - 437
      Abstract: Distribution, one of the main concerns of classical political economists, is virtually a non-factor when it comes to modern neoclassical economics. The importance and influence of competition between different classes on the factor markets was understood to be a constant feature of capitalism in classical political economy. I have been able to translate this classical conflicting-claims approach in a consistent stock-flow model, with a working banking system, two classes, capitalists and workers, and a vertically integrated firm sector. National income is divided between workers and two sets of capitalist interests: industrial and financial. Results of the model reinforce the intuition of Kalecki’s 1943 essay on Political Aspects of Full Employment. The output of capitalist economies, as well as profits of capitalists, could be higher, with policies of low interest rates and a high worker income share. However, as the paper shows, these hypothetical results are not tenable under a capitalist regime, with long-run changes in the power structure endangering the current social order. Finally the disconnect between the community and capitalists becomes even clearer when we see that a high profit rate implies a lower national income.
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415594145
      Issue No: Vol. 48, No. 3 (2016)
  • Absolute Advantage and International Trade: Evidence from Four Euro-zone
    • Authors: Seretis, S. A; Tsaliki, P. V.
      Pages: 438 - 451
      Abstract: The purpose of this paper is to give empirical content to the approach of international trade based on the principle of absolute advantage and to show that differences in productivity may give rise to transfers of value towards the units of capital with an absolute advantage in production. Our approach is based on the classical/Marxian theories of value and competition and it is operationalized using input-output data for the years 1995, 2000, and 2005 of four euro-zone countries (Greece, Spain, Finland, and the Netherlands). The derived results are consistent with the view that productivity differences persist over the years, which is equivalent to saying that the absolute advantage in production does not change into comparative advantage.
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415603160
      Issue No: Vol. 48, No. 3 (2016)
  • Immanent Critique, Enabling Myths, and the Neoliberal Narrative
    • Authors: Wrenn; M. V.
      Pages: 452 - 466
      Abstract: This research aims to untangle and critically assess the core enabling myths of neoliberalism. The first step is to outline in brief the method of immanent critique, how it works, as well as its advantages and possible limits. The next step is to use immanent critique to strip the neoliberal narrative to its core, organizing myths: the myths of privatization, deregulation, and retrenchment of the welfare state.
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415605074
      Issue No: Vol. 48, No. 3 (2016)
  • From Heterodox Political Economy to Generalized Darwinism: Geoffrey
           Hodgsons Tensions in Retrospect
    • Authors: Liagouras; G.
      Pages: 467 - 484
      Abstract: The paper focuses on the successive tensions that emerged in Geoffrey M. Hodgson’s thought in his passage from political economy to Darwinian social science. The main argument is that Hodgson’s tensions have their origins in two fundamental problems: the irrelevance of population thinking in analyzing both social structures and historical processes; and the necessity of different levels of abstraction in biology and social sciences. Hodgson resolves the first tension by shifting the focus of inquiry from the analysis of capitalism to the genesis of a single convention. But afterwards he is unable to come back down from the extremely abstract level of evolving systems (ranging from amoebas to humans) to the analysis of social problems in contemporary capitalism.
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415594161
      Issue No: Vol. 48, No. 3 (2016)
  • The Political Economy Landscape: In Conversation with Nancy Folbre
    • Authors: Cantillon; S.
      Pages: 485 - 493
      Abstract: This article presents a discussion of the current landscape of political economy. It teases out the contested understandings of political economy, explores the contributions from different political and economic traditions focusing in particular on the contribution of feminist economics. In its recount of conversations with Nancy Folbre, the preeminent feminist economist in the area of care, it examines how gender interacts with concepts of reciprocity, implicit contracts of care, and how the social norms are constructed in ways that reinforce women’s responsibility for care. The gradual surfacing of a feminist political economy perspective on care is identified and the complex way in which institutions, power relations, and exploitation are embedded in care relations is explored.
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415605070
      Issue No: Vol. 48, No. 3 (2016)
  • Book Review: Beyond Capitalism: Building Democratic Alternatives for Today
           and the Future
    • Authors: Major; A.
      Pages: 494 - 496
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415591797
      Issue No: Vol. 48, No. 3 (2016)
  • Book Review: Cooperatives and Socialism: A View from Cuba
    • Authors: Fuentes-Ramirez; R. R.
      Pages: 496 - 498
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415591796
      Issue No: Vol. 48, No. 3 (2016)
  • Book Review: Social Conflict, Economic Development and Extractive
           Industry: Evidence from South America
    • Authors: Wilson; T. D.
      Pages: 498 - 500
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415594166
      Issue No: Vol. 48, No. 3 (2016)
  • Book Review: Seeds, Science, and Struggle: The Global Politics of
           Transgenic Crops
    • Authors: Lapegna; P.
      Pages: 500 - 502
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415591795
      Issue No: Vol. 48, No. 3 (2016)
  • Book Review: Globalization, Hegemony and the Future of the City of London
    • Authors: Keaney; M.
      Pages: 502 - 505
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415594162
      Issue No: Vol. 48, No. 3 (2016)
  • Book Review: Corporate Power, Oligopolies, and the Crisis of the State
    • Authors: Goldsmith; W. W.
      Pages: 506 - 508
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415603166
      Issue No: Vol. 48, No. 3 (2016)
  • Book Review: The Power of Market Fundamentalism
    • Authors: Weisskopf; T. E.
      Pages: 508 - 511
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415594168
      Issue No: Vol. 48, No. 3 (2016)
  • Book Review: The Complete Works of Rosa Luxemburg, Volume I, Economic
    • Authors: Zarembka; P.
      Pages: 511 - 514
      PubDate: 2016-08-11T15:21:46-07:00
      DOI: 10.1177/0486613415594163
      Issue No: Vol. 48, No. 3 (2016)
School of Mathematical and Computer Sciences
Heriot-Watt University
Edinburgh, EH14 4AS, UK
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Fax: +00 44 (0)131 4513327
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