The rise of new regions of power in recent decades has provoked much discussion of understanding the post-colonial state. While the global influence of the U.S. and the European Union appears to have diminished in past years, the significance of some post-colonial states, such as India and Pakistan, has consistently increased. The challenge for progressive thinkers is to formulate a theoretical model that can coherently explain the specific and general trajectories of these countries.
In a contemporary labour market that includes growing levels of precarious
employment, the regulation of minimum employment standards is intricately
connected to conditions of economic security. With a focus on the role of
neoliberal labour market policies in promoting "flexible" employment
standards legislation - particularly in the areas of minimum wages and
working time - Mark Thomas argues that shifts toward "flexible"
legislation have played a central role in producing patterns of labour
market inequality.
In Capital As Power Jonathan Nitzan and Shimshon Bichler launch an attack on both mainstream and Marxist theories of capitalism by focusing on one of the oldest theoretical conundrums in the discipline of political economy -- the theory of capital. While the work clearly fits into the tradition of radical political economy it is not easy to place it in any one school, and this for very good reason; the authors are trying to create a new approach to the study of society. The release of this highly ambitious book is aptly timed, for as the global political-economic crisis unfolds and existing theories and paradigms come into question a space will be created in which new theoretical alternatives might be welcomed.
This year marks the 30th anniversary of Studies in Political Economy: A Socialist Review. From its inception in 1979, the editors intended the journal to facilitate "critical dialogue and debate" within the various traditions of political economy. In the spirit of that tradtiion we've put together a panel to reflect on the tradition of political economy within which they work, assessing what it offers in the context of the current crisis and the prospects ofor moving beyond it.
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