METU held a second conference from September 11th to September 2002. This paper follows the 9/11 paper presented in 2001. It attempted to analyse the fundamental features of the world economy giving rise to the present military phase. It argued that ‘globalisation’ is a self-limiting process. I later abandoned the term, but the analysis itself remains valid and has been confirmed byevents: the new phase of world capitalism that opened
This is a fuller but earlier prepublication version of an analysis of stagnation and divergence in the world economy which appeared in Anne Pettifor’s Real World Economic Outlook in 2003. Building on the METU paper of 2002, it uses data published by the IMF’s World Economic Outlook team to establish that world GDP per head, calculated in constant 1995 dollars at current market exchange, remained static between 1980 and 2002
This is a prepublication version of an analysis of stagnation and divergence in the world economy which appeared in Pettifor, A (2003) Real World Economic Outlook, pp152-159. Basingstoke: Palgrave MacMillan, pp152-164. A fuller version of this same paper was presented to the British International Studies Association conference in September 2002.
The third Rome conference organised by CESTES provided the chance to bring together four previously separated lines of enquiry: the study of the new shape of the world economy, the theory of endogenous capitalist breakdown, the necessity for a theory of value to analyse these phenomena, and the need for a reconstructed theory of Political Economy. This was the result.
This is a small post which repeats the data from the CESTES 2003 conference and other sources. I reproduce the charts however, as part of the historical record about the exchange between European and Russian scholars on the state of the world economy. The conference, I found when looking through the record, included a contribution from Dimitrios Konstantacopoulos, later the editor of the ‘Delphi Initiative’. The later collaboration between Radhika
Slides from a presentation to the Conference of the Norwegian Social Forum, Oslo, 22 June 2003
From Westra; R and Alan Zuege (Eds) (2003) Value and the World Economy Today: Production; Finance and Globalization; This paper constructs a theoretical framework for understanding what happens when markets break down. It argues that when this happens; the ‘invisible hand becomes visible’ and conscious agencies (classes; states; governments; etc) intervene in the economy. ‘External Intervention’ into the market is thus not an imposition on the market but a product
In 2000 I began working with the Greater London Authority (GLA) under the radical Mayor Ken Livingstone. We established an Economic Intelligence Unit and I held the brief first for the London Plan, then the Creative Industries and later, the Living Wage. Work at the GLA was evidence-based and data-driven. This paper, part of a regular series produced by the Intelligence Unit, provides detailed data on employment in London derived
An article for Rodnaya Gazeta delivered whilst I was in Moscow for the ISPRAN conference in 2003. Raises frontally the onset of ‘deflation’ in the world economy and the onset of secular stagnation.
Paper presented to a conference in Middlesex in 2003. Summary of the divergence data to that date, and introduces the distorting effects of the statistical information provided by World agencies, later incorporated into an article for Third World Quarterly. In French and English.
This theoretical intervention, at this time only a slide show but later feeding into a set of papers, reflects on the findings of Creativity: London’s Core Business. It was presented to an ESRC seminar at the LSE, late in 2003. The need for this contribution arose because of a central question which arises because the creative ‘sector’ is a ‘satellite’ account category – it groups together parts of industries that
These slides accompany a presentation to a seminar at the LSE in January 2004. The seminar arose from the work I was doing with Paul Cheshire and others at the LSE around the measurement and definition of cities.
Following the publication of Creativity: London’s Core Business, we began producing regular updates. As time went on, these began to explore a range of issues relating to creative sector policy, including ethnic and gender diversity, precarity, dispersion, and clustering. This is the 2004 update.
Working paper 9 from the Economics Intelligence Unit of the Greater London Authority. Arising from our work on London’s Workforce, it became clear that London needed to make meaningful comparisons between itself and other cities, on a comparable basis that took commuting into account and hence recognised the economic extent of the city, which in Europe, generally speaking, did not coincide with its political or administrative boundaries. Working with geographers
This is the introduction to the Pluto Book ‘Politics of Empire’ and was written jointly by Alan Freeman and Boris Kagarlitsky, the book editors.
Incomplete manuscript presented to the Association of Heterodox Economists (AHE) Annual Conference, Leeds 2004.
I returned to Argentina for a third visit in 2004, and in the course of the visit, spent some time in Uruguay where the Frente Amplio was about to score a significant election victory. This interview, in Spanish, was conducted by a journalist from the chamber of commerce and services of Uruguay.
This constitutes my chapter in The New Value Controversy. It focuses on a reply to Laibman’s article in the same book, and disputes the notion of ‘linear’ forward progress in thought, arguing that in economics, the evolution of the subject is characterised by counterrevolutions in thought, rather than revolutions. As often as not, these take the form of a ‘sanitisation’ of the thinking of those who have made the revolutions,
This article, written for a special issue of the Journal of Management Philosophy, appears to be no longer available. It attempts to extend the analysis in previous articles by enquiring into the ‘product’ side of the creative industries – what is the use-value that they create? I drew the conclusion, in brief, that they produce distinction as a use in its own right, or to be precise, supply commodities with
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