Airbnb,technological change and disruption in Barbadian tourism: a theoretical framework

This paper focuses on how Airbnb, an internet platform which has created the possibility for mass participation in the tourism market, is resulting in class conflict between new entrants and the ‘traditional’ tourism industry. Specifically, it studies how traditional tourism interests in Barbados have responded to Airbnb by seeking to restrict participation in the industry and presents this as a microcosm of broader class transitions and conflicts associated with new technologies. The paper utilises a Marxist theoretical perspective buttressed by Joseph Schumpeter’s theory of ‘creative destruction’ – places emphasis on the process of destroying productive systems to understand how specific industries expand and survive – and Clayton Christensen’s notion of ‘disruptive innovation’ – a process by which a disruptive product transforms a market – for studying how transformations in technology are impacting the tourism industry in Barbados. Its aim is to provide an account of how the process of disruption is unfolding in Barbados by highlighting the reactions of the main hotel lobby group to Airbnb, while also applying the ideas of Marx, Schumpeter and Christensen as useful theoretical lenses through which to examine the unfolding of the process of disruption of settled class and historical control of a dominant economic sector by new technologies.     

中国优秀传统文化在社会主义核心价值体系建设中的角色扮演

建设社会主义核心价值体系,中国传统道德文化扮演着不可或缺的角色。社会主义核心价值体系的建设不能机械照搬中国传统道德文化,应充分发掘传统道德文化的价值,对传统道德文化进行正学与开新。只有这样,才能凸显传统道德文化在社会主义核心价值体系建设中的独特魅力。     

Critical theory and the capitalist state

This article is an overview of Michel Callon's contribution to the reformulation of economic sociology and anthropology. It contextualizes Callon's concepts within science and technology studies, and indicates the main lines of influence on his thinking about economic processes. Callon's work also opens up a number of debates and challenges to current perspectives within economic sociology. Finally, the article considers the way in which Callon's perspective reconfigures both the relation of politics and economics, and the nature of politics itself.     

Callonistics: a disentanglement

A critical response is offered to the special issue of Economy and Society devoted to Michel Callon's economics. The continuing weaknesses of his approach, as adopted and adapted from actor-network theory and the study of science and technology, are highlighted, together with the weaknesses of the economics itself. In addition, the latter is shown to conform heavily with recent developments within and around mainstream economics. The conclusion that capitalism does not exist, and so does not need a political economy, is argued both to disarm social theory in face of the current, virulent assault from economics imperialism and to waste the opportunity to offer an alternative economics of its own.     

Embracing death: the Western left and the Iranian revolution, 1978–83

The Iranian revolution of 1978–83 was a disaster for Iranian leftists, who, having worked for the overthrow of the Shah, soon found themselves being persecuted by the hard-line followers of the Ayatollah Khomeini. This paper looks at the response of Western leftists to the unfolding of the revolution, considering, first, to what extent Marxist and class-based analyses helped explain the revolution and, second, why so many Western leftist groups and individuals defended the Khomeini faction even as it moved against secular leftists and liberals. It concludes that an uncritical identification with Khomeini's declared ‘anti-imperialism’ distorted the views of those who would ordinarily have opposed his regime on class grounds, and that such a misreading was aided by an inadequate distinction between bourgeois democracy and dictatorship.     

The political economy of class conflict

Texts reviewed:

C. Crouch (1977) Class Conflict and the Industrial Relations Crisis, Heinemann Educational Books.

F. Hirsch and J. H. Goldthorpe (eds) (1978) The Political Economy of Inflation, Martin Robertson.     

On Marx's theory of agricultural rent: A reply to Ben Fine

This article criticizes both the 'Marxist' and 'sociological' conceptualizations of money to be found in the recent debate between Fine, Lapavitsas and Zelizer in Economy and Society . They neglect important contributions to the theory of money, especially the 'credit' and 'state' theories of money in the social sciences. These emphasize, as did Keynes, the central theoretical importance of money of account . These approaches were banished from orthodox economics and lost to sociology in the post- Methodenstreit division of intellectual labour in the social sciences. Marxist economics has never properly addressed this monetary analysis. Although neglected, it is not obscure and informs the more widely known post-Keynesian theory of money. This article argues that these heterodox theories of money are essentially sociological in that they involve the conceptualization of money as abstract value constituted by the social relation of the 'promise to pay'.     

The Cultural Logic of Work: Explaining Labour Deployment and Piece-Rate Contracts in Matar Taluka,Gujarat - Parts 1 and 2

This two-part essay seeks to explain why group-based and individual piecework arrangements have become the modal form of payment for a variety of agricultural tasks in central Gujarat, India. Part 1 of the essay reviews New Institutional Economics (NIE) and Marxist Political Economy (MPE) approaches to the labour process, and claims that while the 'efficiency' and 'disciplinary' considerations emphasized by NIE and MPE in their explanations of contractual change are important influences on the labour process, specific institutional outcomes depend heavily on the cultural realities of actors' practices. Part 2 challenges the epistemological assumptions of NIE and MPE narratives, specifically that agents with stable identities perform actions with fixed meanings. Instead, the recent surge in piecework employment must be viewed as part of an ongoing tussle between the dominant Lewa Patel caste and the subordinate Baraiya/Koli caste to alter their relative standings in the social order. Their unceasing attempts to reinvent their group identities have involved shifting understandings of 'work' - with direct implications for labour contracts. As a corrective to NIE and MPE, the essay proposes a semiotic approach to the labour process that bundles the notions of 'social regulation' and 'self-regulation' into the concept of 'work governmentality'.     

More Bang for the Buck: Media Coverage of Suicide Attacks

ABSTRACT

This paper provides empirical evidence that suicide attacks systematically draw more media attention than non-suicide terrorist attacks. Analyzing 60,341 terrorist attack days in 189 countries from 1970 to 2012, I introduce a methodology to proxy for the media coverage each one of these attack days receives in the New York Times. Suicide attacks are associated with significantly more coverage. In the most complete regression, one suicide attack produces an additional 0.6 articles—a magnitude equivalent to the effect of 95 terrorism casualties. This link remains robust to including a comprehensive list of potentially confounding factors, fixed effects, and country-specific time trends. The effect is reproduced for alternative print and television outlets (BBC, Reuters, CNN, NBC, CBS), but remains weak for Google Trends (worldwide and in the U.S.), a more direct proxy for people’s interests, and is non-existent for C-SPAN, a television station dedicated to broadcasting political discussions directly. Thus, the media appears to cover suicide missions in an extraordinary fashion, which may in turn explain their prominence among terrorist organizations.     

Towards the Law &; Economics of development: Ragnar Nurkse (1907–1959)

The purpose of this essay is, first, to suggest Ragnar Nurkse as a Law & Economics thinker, and second, yet more importantly, to demonstrate the possibility and desirability of a Law & Economics of Development along Nurksean lines. Ragnar Nurkse (1907–1959), whose 100th birthday is celebrated in 2007, is one of the founding fathers of classic development economics. Given the recent interest in the Law & Economics of development, showing how a classic figure in the field successfully used such an approach might be of considerable interest, especially as development economics is a very emotional field which may well profit from the ‘objectivizing’ function of Law & Economics. Nurkse’s economics-based realism, his focus on what effect a program really has, rather than what it is supposed to have, and on what a policy can steer or change and what not, based on a typically Stiglerian attention to aggregate welfare, seem especially productive. Finally, the essay suggests a set of Nurkse-based principles or theses for a Law & Economics of Development.