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1. Post-Keynesian Financialised growth models as an alternative to Varieties of Capitalism: (in)stability, institutions and taxonomic method

Author

Juan Barredo-Zuriarrain, Jon Las Heras Cuenca, and Carlos Rodriguez González

Subjects
arative political economy, growth models, Varieties of Capitalism, post-Keynesian economics, institutions, Commerce, HF1-6182, Economic theory. Demography, HB1-3840
Abstract

This article evaluates the potential of the Post-Keynesian literature on growth models to gain influence over the Varieties of Capitalism approach within Comparative Political Economy. It shows that the future analytical strength of the latter approach depends, primarily, on the ability to consolidate macroeconomic principles consistent with a dynamic reality. On the other hand, Post-Keynesian macroeconomic foundations allow financialised growth models to capture the importance of power struggles in long-term growth as well as to integrate crises as recurrent and inherent phenomena to capitalist economies. That said, Post-Keynesian challenge to become a beacon within CPE lies on moving beyond country-based analyses towards the construction of a systematic association between, on the one hand, the institutional aspects shared between countries and, on the other hand, their classification on growth models.

Published
2023
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2. International Political Economy of Labour and Gramsci’s methodology of the subaltern

Author

Jon Las Heras Cuenca

Subjects
Hegemony, 05 social sciences, Management, Monitoring, Policy and Law, Subaltern, 0506 political science, Power (social and political), Scholarship, Political science, Political economy, Capital (economics), 0502 economics and business, Political Science and International Relations, 050602 political science & public administration, International political economy, 050207 economics
Abstract

Gramscian International Political Economy scholarship has predominantly focused on studying capital’s power to subsume labour under different hegemonic projects. Various autonomist Marxists have recently sought to ‘voice labour’ by proposing a disruption-oriented International Political Economy. However, this article argues that such an approach mirrors domination-oriented International Political Economy approaches by overemphasising labour’s disruptive potentiality and by paying little attention to the historical limitations that labour faces in its own empowerment. To escape from the unilateralism of these two mutually exclusive perspectives, Gramsci’s ‘Methodology of the Subaltern’ is reviewed in order to propose a Gramscian or strategic International Political Economy of Labour. Hence, this article shows that it is possible for International Political Economy scholars to study uneven capitalist development as the result of the agency of (dis)organised labour and thereby to better account for the emancipatory potentiality of working-class strategies in specific contexts.

Published
2019

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