The proletarianization of the professoriate and the threat to free expression, creativity, and economic dynamism Jon D. Wisman and Quentin Duroy Journal of Economic Issues Issue 3, 2020
Over the past four decades, forces have been set in motion that are proletarianizing professors—reducing their control over their workplaces. This has been in part propelled by a resurgence of laissez-faire doctrine that has legitimated public policies which have fueled soaring inequality. This article addresses the threat to freedom and economic dynamism posed by the debasement of professors by examining six forces that are driving the proletarianization of the professoriate: the replacement of tenured with contingent faculty, an expansion of for-profit colleges and universities, the rise of online education, the introduction of annual evaluations and merit pay, the development of outcomes assessment, and the increased reliance on external research funding. The essay then surveys how laissez-faire doctrine and rising inequality have led to cuts in government funding for higher education, have placed an increased emphasis on providing student consumers with vocational training as opposed to a liberal education, and have reshaped higher education through the introduction of corporate values within universities’ systems of governance.
Developed nations profit by exploiting the global South Ariane Lange Academic Times April 18, 2021 Original article: Plunder in the Post-Colonial Era: Quantifying Drain from the Global South Through Unequal Exchange, 1960–2018 Jason Hickel, Dylan Sullivan, and Huzaifa Zoomkawala New Political Economy 2021
My advice to an aspiring economist: Don’t be an economist. There is a new world that is fast-overtaking us, and it needs to be seen and explained on its own terms. David Bollier Evonomics January 31, 2021
Economist Dennis Snower says economics nears a new paradigm Dennis Snower Evonomics 2020
Why do economists have trouble understanding racialized inequalities? Ingrid Harvold Kvangraven and Surbhi Kesar Institute for New Economic Thinking August 3, 2020
Mainstream economics ignores historical and structural factors by design.
Economics is a disgrace Claudia Sahm Macromom July 29, 2020
Economics for Black lives Darrick Hamilton and Jesse A. Myerson Dissent June 29, 2020.
Discussion of the pandemic, the uprisings, and the future through the lens of stratification economics.
Whitewashing capitalism Tim Koechlin Common Dreams June 16, 2020
How ECON 100 obscures the relationships among capitalism, racism and racial inequality.
Principles of Radical Political Economics RPE Principles Working Group of the URPE Steering Committee URPE 2020
Economics is a failing discipline doing great harm – so let’s rethink it Andrew Simms The Guardian August 3, 2019
The Union for Radical Political Economics is 50 this year, and a notice has just been sent out about a 50th anniversary celebration at the University of Massachusetts . URPE was started in 1968 because of great frustration with standard economics, which had limited theories (neglecting power, for one thing) and confined to a narrow range of problems which did not include such things as imperialism, the military industrial complex and discrimination. I was one of the group of economics graduate students at the University of Michigan, that, after several years of working for change at the U.M. economics department, sent out a call for a new organization embodying different principles to economics departments across the United States. The response was great, and URPE was begun. (See the 1968 URPE Prospectus.)
URPE and the organizations and publications that preceded and came after its establishment, have come to be known as heterodox, for expressing a variety of analyses and analytical frameworks such as Marxism and Institutional Economics not present in standard economics. This significant group has permitted much useful analysis to be presented, which otherwise would have been stifled by standard economic journals.
Alas, the divide between standard and heterodox economics continues today. Gary Dimski Continue reading
An excellent article, pointing out clearly something that economics glosses over: that a major influence in the size of the income from one’s work has been the contribution of knowledge and productive capacity of past generations. Thus “I earned it–it’s mine,” or the marginal product of labor and capital is a superficial look at the outcome. “We see so clearly, because we stand on the shoulders of giants.” The legacy of the past is there in what we and capitalists earn too.
You might have earned it, but don’t forget that your wealth came from society Ryan Avent Evonomics: The Next Evolution of Economics November, 2017
Also see Understanding harmful economic systems., especially the section on obtaining income.
Caption: “If I have seen further it is by standing on ye sholders of Giants”–Isaac Newton. The phrase is most famous as an expression of Newton’s but he was using a metaphor which in its earliest known form was attributed to Bernard of Chartres by John of Salisbury: Bernard of Chartres used to say that we [the Moderns] are like dwarves perched on the shoulders of giants [the Ancients], and thus we are able to see more and farther than the latter. And this is not at all because of the acuteness of our sight or the stature of our body, but because we are carried aloft and elevated by the magnitude of the giants. (Wikipedia) Image credit: By Godfrey Kneller – National Portrait Gallery: NPG 2881