Conflict in a changing world: Looking two decades forward

This article begins by outlining the likely changes in the strategic environment over the next 20 years, first globally than by regions. It goes on to offer some propositions on the nature of future conflict, given the perceived preference in the West for limited, low‐cost interventions. Most recent wars did not begin as inter‐state conflicts, and future ones will follow this trend. The characteristics of intra‐state conflicts are then examined in detail, particularly the effects of asymmetries on policies and perceptions: between states with widely differing capabilities, between states and non‐state actors, and in particular those involving guerrilla and terrorist movements.     

Financial derivatives and the theory of money

Abstract

Financial derivatives are used and counted as money, but it is unclear exactly what sort of money they are. This article explores the monetary role of financial derivatives in securing the global financial system. It finds that derivatives commensurate the values of different forms of financial assets, and, in the process, they facilitate continuity across different forms of money. In this role they are a form of commodity money, but very different from conventional understandings of commodity money. In developing this idea, the paper engages recent debates in Economy and Society about the nature of money. In particular, it takes issue with Ingham's state theory of money, which cannot adequately engage exchange rate volatility and extra-national roles of money, and Lapavitsas’ approach to a Marxist theory of money, which relegates commodity money to a historical abstraction.     

Fundamental value: a category in transformation

Abstract

‘Fundamental value’ is a canonical category in both Marxian and neo-classical economics. In application to finance and financial crisis, it is laden with complexity. For Marxists, it has underscored a focus on the distinctions between production and circulation, real and fictitious capital. These debates have dominated Marxian responses to the financial crisis. In mainstream finance and economics, the term has undergone transformation and historically driven adaptation. Marxian analysis could fruitfully follow this lead. This paper identifies that transformation as an expression of capital's transforming calculation project. As capital becomes more liquid, the concept of fundamental value itself must embrace liquidity, yet, in embracing liquidity, fundamental value loses its established definitive capacity.     

Citizenship and social justice

Discussions on the problems of the welfare state are increasingly framed in terms of citizenship rather than social justice. The popularity of the concept of citizenship raises the question of its implications for social justice theory and research. In this article it is argued that whereas the dominant approach in social justice is essentially individualistic, the concept of citizenship focuses rather on individuals as members of a societal community, from which both rights and obligations are derived. This focus on communal membership suggests three important topics for social justice theory and research: (i) the need to distinguish between a civic and a justice motive for human behavior, (ii) the need to specify the frame of reference respondents should use when they make their justice judgments, and (iii) the need to recognize the fact that justice judgments may result from both adhering to criteria of justice and considering the consequences of their application.     

Alcohol loss arising from microbial contamination of drivers' blood specimens

This paper describes the circumstances in which some drivers' blood specimens containing added sodium fluoride (1% w/v concentration) deteriorated as a result of microbial contamination, accompanied by a decrease of alcohol concentration. Strains of the bacteria Serratia marcescens and a Pseudomonas sp. were isolated from the specimens and proven capable of growing at ambient temperature in blood containing sodium fluoride at 1% w/v concentration. They were shown to be active in alcohol degradation in preservatised blood, the activity being dependent on sodium fluoride concentration and storage temperature. Blood diluters were assumed to be a source of microbial cross contamination from one blood specimen to the next. It is recommended that postmortem blood specimens be analysed in separate batches from drivers' specimens when automated blood diluters are used, that the content of fluoride ions be increased to an equivalent of 2% w/v sodium fluoride, and that storage of specimens at temperatures above 4 degrees C be minimised.     

Pseudoscience and Minority Religions: An Evaluation of the Brainwashing Theories of Jean-Marie Abgrall

An analysis of Jean-Marie Abgrall's cultic brainwashing theory shows that the theory is essentially identical to the pseudoscientific theory that was developed first by the American CIA as a propaganda device to combat communism, and second as an ideological device for use by the American anti-cult movement to rationalize efforts at persecution and control of minority religious groups. The CIA theory has been evaluated scientifically in research in several contexts (i.e., communist coercive indoctrination of Western prisoners, the CIA's attempted development of brainwashing techniques, and with American new religions or cults). In each context, it has been shown to be ineffective in coercively changing worldviews. Because of this pattern of disconfirmation, testimony based on brainwashing theory has been opposed as unscientific by relevant professional academic organizations and repeatedly excluded from American legal trials. Consequently, neither legal decisions nor public policy with respect to minority religions should be based on Abgrall's appropriation of this pseudoscientific theory.     

EU FTA negotiations with India, ASEAN and Korea: the question of fair labour standards

The EU sets considerable store by the need for its Free Trade Agreements (FTAs) now under negotiation with Asian countries to contain a sustainable development chapter with clear references to respect for the core ILO labour standards. While they reject the sanctions-based approach demanded by the European trade unions, they accept that some real enforcement mechanisms will be needed. Among Asian countries, Korea is most likely to accept some form of a social clause, while India and certainly some ASEAN countries strongly oppose it. This article explores the prospects for mutual agreement on this thorny issue at the bilateral level which, to date, has failed at the multilateral level.

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