Suchergebnisse

Crisis, austerity, and the neoliberal turn -- The architects of austerity -- The question of growth in a global economy -- Opening and closing the door on the Italian left -- The erratic march of Labour -- Global finance and the U.S. growth agenda -- Guns, butter, and gold -- Globalization, coercion, and the resiliency of austerity

In 1906, W.E.B. Du Bois published an article 'L'Ouvrier Negre en Amerique' ('The Negro Worker in America') which draws from original survey data and historical analysis to develop a theory of Black labors' structural disadvantage in post Civil War US capitalism. 'L'Ouvrier Negre en Amerique' has essentially been forgotten. It has been accessible only to French speakers and has yet to be the subject of analysis or commentary. It deserves the full attention of not just Du Bois scholars, but all scholars who seek to understand the relationship between race, class, and capitalism in antebellum and post-Civil War America. Du Bois shows how White organized labor restricted Black workers' access to union protections and the booming post-war labor market. His analysis highlights the interplay between racist ideology and the forces of racialized capitalism and reveals that the 'early' Du Bois critical, historical, materialist and attuned to socialist and labor politics.

A perennial concern among scholars of globalization is the relationship between global social formations and national and subnational political and economic developments. While sociological understanding of "the global" has become increasingly rich, stressing the complex relationship between material and cultural pressures, an undertheorized nation state often sits on the receiving end of the sociologist's model of globalization. The goal of this article is to help move the sociology of globalization out of the analytical trap of global-national dualism by developing an account of the transnationalization of political authority. Building on neo-Marxist and Weberian theories of the transnational, or global state, which explicate the macro-structural dynamics that have led to the transnationalization of the state as such, I look at the process of the transnationalization of political authority from an institutional perspective, one that focuses on processes of transnationalization within, and across, specific state agencies. These theoretical points are empirically motivated through an historical investigation of the transnationalization of monetary authority and its relationship to the international diffusion of policies of austerity from the era of the classical gold standard through the economic crisis of 2008.

[Reprinted by permission of Sage Publications Inc., copyright holder.]

[Reprinted by permission of Sage Publications Inc., copyright holder.]

[Reprinted by permission of Sage Publications Inc., copyright holder.]

AbstractThe current global financial crisis has led to renewed efforts to strengthen the formal rules and organizations of transnational economic governance. A substantial body of research in sociology and related fields suggests that the informal norms, values, expectations, and ideas that make up a world culture are equally important for understanding why countries cooperate, and why those cooperative efforts sometimes fail. This article explores these insights, showing how they can be applied to current debates about transnational economic governance, by paying particular attention to the emergence, adoption, and evolution of the Basel Capital Accords.