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Ben Fine and Dimitris Milonakis

1. Introduction First and foremost, we welcome the appearance of this symposium on our two books 1 for offering, in a journal dedicated to Marxism, debate over political economy from a variety of perspectives. The gathering together of these distinguished scholars is both gratifying and

Roger Backhouse

1. Political economy and the history of economics Milonakis and Fine explain, in their opening sentence, that the essence of their book 1 is ‘political economy’. That is, I contend, entirely correct – indeed, it is more correct than they may intend it to be. When they elaborate on this

Gregory P. Williams

.” 6 The field of international political economy ( IPE ) is similarly restless. For years, writers have expressed frustration with the seeming “irrelevance” of the field. What impact do our writings have? How can we bridge the gap between academic writings and the real world? Although these

Sam Ashman

revolution of the 1870s. 4 The crisis of the Ricardian school and the classical political-economy tradition produced profoundly different intellectual responses: Marx’s reconstitution of value theory on the basis of his dialectical method; the marginalists’ refinement of subjective value theory through the


William A. Pettigrew

political economists in the later eighteenth century. For Adam Smith the paradox implied ‘a strange absurdity’ in corporate political economy. For Smith, this schizophrenia of ‘sovereign’ and ‘mercantile’ priorities was inherent to corporate political economy: ‘As sovereigns, their interest [the East India

Barbara Hogenboom

Penfold Michael Dragon in the Tropics. Hugo Chávez and the Political Economy of Revolution in Venezuela 2011 Washington, DC The Brooking Institution De Graaff Nana Towards a Hybrid Global Energy Order. State-Owned Oil Companies, Corporate Elite Networks and Governance 2013


Edited by Christian Fuchs and Vincent Mosco

More than 130 years after Karl Marx’s death and 150 years after the publication of his opus magnum Capital: Critique of Political Economy, capitalism keeps being haunted by period crises. The most recent capitalist crisis has brought back attention to Marx’s works.

This volume presents 18 contributions that show how Marx’s analyses of capitalism, the commodity, class, labour, work, exploitation, surplus-value, dialectics, crises, ideology, class struggles, and communism help us to understand media, cultural and communications in 21st century informational capitalism.

Marx is back! This book is a key resource on the foundations of Marxist Media, Cultural and Communication Studies.

Gavin Walker

legacy: ‘How should we think about the fact that the research that Marx did to sweep away all previously existing philosophical thought was in fact not within the field of philosophy itself, but rather in political economy ?’ 2 What he indicates by asking this pointed question is that Marx


The theory of the political economy of trade policy, combining public choice and neoclassical trade theories, studies the level and pattern of trade intervention from the perspective of policy decision-making process, by stressing on income distribution instead of economic efficiency. The paper attempts to apply such an endogenous trade theory to an empirical study of China. On the basis of a formal revised model of political economy of trade protection, it tests theoretical hypotheses concerning the political and economic determinants of cross-sector trade protection in the Chinese industry at various periods. The results show that trade protection in China fits into China’s national development strategy of fast catching-up with the developed world.

Sung Uk Lim

1. Introduction This paper aims to revisit the symbolic practice of idol meat consumption, a dietary habitus, and its implications for the political economy in 1 Corinthians 8 through the lens of the sociological theory of Pierre Bourdieu. I argue that Paul undertakes to subvert the dominant