All the Good Stuff that Cannot be Measured

Yanis Varoufakis talks about the neoclassical economic tradition and its (futile and detrimental) attempt to quantify non-quantifiable phenomena. Such a debate has been raging on in the social sciences for quite some time, and continues today. Theodor Adorno and critical theory offers a important theoretical contribution to this debate (though such a rejection of the imperative … Continue reading All the Good Stuff that Cannot be Measured

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The Protestant Ethic and the Spirit of Capitalism

"The Puritan wanted to work in a calling; we are forced to do so. For when asceticism was carried out of monastic cells into everyday life, and began to dominate worldly morality, it did its part in building the tremendous cosmos of the modern economic order. This order is now bound to the technical and … Continue reading The Protestant Ethic and the Spirit of Capitalism

Why the Euro Divides Europe

Abstract: A landmark critique of Smithian notions of money as neutral medium of exchange, naturalized in social theory from Parsons to Habermas. Arguing instead for Weber’s concept of money as weapon in the market struggle, Wolfgang Streeck reveals how the single currency has transformed Europe’s qualitative horizontal diversity into quantitative vertical inequality. Streeck, Wolfgang. 2015. … Continue reading Why the Euro Divides Europe