Political Economy

2 posts

Bernard E. Harcourt | On State Capitalism, Law and Political Economy, and the Rule of Law

What are the stakes today in revisiting the mid-twentieth century debates between Franz Neumann, Friedrich Pollock, Otto Kirchheimer, and Ernst Fraenkel over the concept of “state capitalism” and their analysis of National Socialism as a totalitarian economic regime – other than matters of historical interest? The discussion at Coöperism 8/13 highlighted at least three. [Continue reading here…}

Jens Meierhenrich | The Political Economy of Dictatorship; or Capitalism as an Essentially Contested Concept

When Max Horkheimer took the reins, in 1931, of the Institut für Sozialforschung, the critique of capitalism received an unexpected jolt. His directorship of the fêted think tank marked a turning point in the development of critical theory. For Horkheimer streamlined the nascent Frankfurt School. He saw to it that staff trained their eyes on varieties of capitalism.[2] In Germany and later at Columbia University, he cultivated an “interdisciplinary materialism.”[3] For the best part of a decade, the critique of advanced capitalism was the overarching focus of the Institute for Social Research. [Continue reading here…]