NM's blog

Inequality in Chile  is 43 in the gini index. It is higher than the world average of 38. It is lower though than in Brazil or Colombia (around 45), for example. Contra la violencia– gathering of music, dance and speeches in front of Palacio la Moneda. It was in that palace that Salvadore Allende ‘was killed’ by a US-backed Pinochet's coup in September 1973.  A chat with a middle-aged Chilean man: Gaza, genocide, the US, Chile, the left, the right and far-right. He seemed a progressive man. A street in central Santiago should be named Street of Opticians. Tens of opticas shops line up the street. I have never seen such a number of opticians in one street.  A chat with a Venezuelan man. A vet by profession, but is not allowed yet to work in Chile, for he has been in the country for only two months. He is doing some illegal work as celebrations decorator and sells some handicrafts he makes. He thinks that Maduro of Venezuela is an authoritarian who wrecked the country and th...

“ In trying to solve the puzzle of why people vote in politicians that do little to improve their living standards, Seymour goes for a psychological explanation. “this dismissal of the primacy of the economic is not just surprising coming from one of the foremost Marxist intellectuals in Britain today, but rests upon empirically spurious claims. “Seymour only tangentially acknowledges the role of elites in the rise of disaster nationalism. While he does point out that its political economy is mainly about furthering the interests of domestic capitalists, that is never really explored. “To get a full picture  of the social forces driving the rise of the far right and likely to benefit from it, we need more systematic and comparative analysis of party elites, their donors and their actual economic policymaking when they enter office. This could help better explain the apparent contradiction of the far right as both a rejection and reinforcement of neoliberalism. We also need to bette...

How the right seized the narrative

Karl Marx and Capitalism at the  Deutsches Historisches Museum

Algeria The political economy of regime survival

An interesting take, but I don't agree with the one-sided prospect. North Korea: a story of isolation

" Au fond, Piketty est un économiste bien plus conventionnel qu’il ne le croit. Son élément naturel, ce sont les statistiques relatives aux niveaux de revenus, les projets de taxation, les commissions chargées d’examiner ces questions. Ses recommandations pour réduire les inégalités se résument à des politiques fiscales imposées d’en haut. Il se montre parfaitement indifférent aux mouvements sociaux qui, par le passé, ont pu remettre en cause les inégalités et pourraient à nouveau jouer un tel rôle. Il semble même plus préoccupé par l’échec de l’Etat à atténuer les inégalités que par les inégalités proprement dites. Et, bien qu’il convoque souvent, à bon escient, des romanciers du XIXe siècle comme Honoré de Balzac et Jane Austen, sa définition du capital reste trop économique et réductrice. Il ne tient aucun compte du capital social, des ressources culturelles et du savoir-faire accumulés dont bénéficient les plus aisés et qui facilitent la réussite de leur progéniture. Un capit...

The value of Capital

No easy answers, just bad history A reply to  Why left-wing economics is not the answer to right-wing populism

India Modi rules, Harvard doesn't Aristotle: “Even if they have no share in office, the poor, provided only that they are not outraged or deprived of their property, will be quiet enough.” … “prevent the lower from getting more; they must be kept down, but not ill-treated. … Friendship [among members of the ruling class] we believe to be the greatest good of states and the preservative of them against revolutions.” Jlowry: " We should avoid designating India or any other capitalist state as a democracy . They are oligarchies i.e. states where the rich rule as opposed to democracies where the poor or unpropertied rule. As Aristotle notes in his ”Politics” it is quite inadequate to define democracies as the rule of the majority and oligarchy as the rule of the few; it is rather that the poor are many and the rich few, which is why he notes that the mark of a democracy is selection by lot, that of an oligarchy election by ballot , which the rich will usually win. Wal B...

Is France's Marine le Pen far-right? This is a good analysis.

In late nineteenth-century  " [i]n the Muslim world, the Islamic  burkah , the full body covering of Muslim women, was growing in popularity. Often wrongly regarded as a mark of medieval obscurantism, the burkah was actually a modern dress that allowed women to come out of the seclusion of their homes and participate to a limited degree in public and commercial affairs. Even in this insistence on tradition, therefore, one glimpses the mark of growing global convergence." Uneven and Combined Development (Part 1)

Keynes 2030

" [T]here are tricks as to how to study “gender” in the Muslim world. If analysts attend to the social and economic factors, to the geographic and historical factors and actors, to culture as a dynamic entity that produces and is produced by social, economic, historic and geographic factors and actors, analysts, whether Asian or African or European or American, will be able to begin to understand and analyse social phenomena based on terms and methods that the local situation on hand itself determines, rather than script them  a priori  with research agendas that are connected to imperial policies, namely developmentalism and orientalist methodologies of culturalism, comparatism and assimilationism.” — Joseph Massad, Islam in Liberalism , pp. 211–12

The global paradox

France: penned in

Iran's Revolutionary Guards reaps economic rewards in Syria

Book review: The Political Economy of Hezbollah

The system is broken

Sowing the seeds of dissent "The economic roots of the Syrian revolution"