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[PEN-L:32868] Published: "Confronting 9-11, Ideologies of Race, and Eminent Economists" (R.P.E., Vol. 20)



     CONFRONTING 9-11, IDEOLOGIES OF RACE, AND EMINENT ECONOMISTS
               Research in Political Economy, Volume 20
                        Paul Zarembka, editor
                     JAI/Elsevier Science, Inc.

Confronting 9-11, the first chapter draws upon a Hegelian-Marxist concept
of concrete evil, connecting malevolence to ruling elites, while
additionally addressing sub-surface political forces. It is followed by
'deep political' analysis of drugs, in addition to oil, as controlling
factors of U. S. wars. Both chapters focus around Afghanistan.

Commonalties of race ideologies in capitalist contexts are next examined by
connecting them to capitalist societies' goals and strategies. Haiti and
South Africa are case studies.

Estimates for U.S. value and surplus value are undertaken and related to
GDP. Implications are drawn for the distribution of value, use value and
social labor. The model permits simulation and sensitivity analysis, with
links provided to a careful implementation.

Four chapters deal critically with writings of major economists. The first
shows that Keynes, while rejecting invisible hand mechanisms, assigned to
the educated bourgeoisie the role of overcoming the pathologies of
capitalism. The second investigates evidence of plagiarism in Keynes,
showing that he appropriated Gesell's insights into the nature of money and
interest but in a manner to help preserve capitalism. Moving to overcome
limited attention by Marxists to Ricardo's comparative advantage theory,
the next chapter assesses the work of Shaikh and Hudson, concluding
consistent with the overriding role of exploitation in production. The
final chapter compares Bentham's "panopticon" (an institution of
confinement, surveillance and extraction of labor) to Hayek's market order
conceptualization, and shows that both are disciplinary regimes.

               TABLE OF CONTENTS

Foreword

     PART I. 9-11 AND DEEP POLITICS

The Deep Politics of September 11: Political Economy of Concrete Evil, by
David MacGregor, King's College, University of Western Ontario

US Wars in the Light of the International Drug Trade, by Peter Dale Scott,
University of California, Berkeley


     PART II. IDEOLOGIES OF RACE

Ideologies of Race and Racism, by Babacar Camara, Miami University,
Middletown


     PART III. UTILIZING SURPLUS VALUE EMPIRICALLY

Estimating Gross Domestic Product with Surplus Value", by  Victor Kasper,
Jr., Buffalo State College


    PART IV. CRITIQUES OF KEYNES' GENERAL THEORY, OF RICARDO'S TRADE
THEORY, AND OF THE MARKET

Collective and Individual Rationality: Maynard Keynes's Methodology
Standpoint and Policy Prescription, by Andy Denis, City University, London

On the Art of Innuendo: J. M. Keynes's Plagiarism of Silvio Gesell's
Monetary Economics, by Guido Giacomo Preparata, University of Washington,
Tacoma

A Political Economy Critique of the Ricardian Comparative Advantage Theory,
by Turan Subasat, University of Bath

The Market as Disciplinary Order: A Comparative Analysis of Hayek and
Bentham, by Massimo De Angelis, University of East London


313 pages, ORDERING INFORMATION IS ON THE WEBSITE.


*************************************************************************
Paul Zarembka, editor, RESEARCH IN POLITICAL ECONOMY at
********************** http://ourworld.compuserve.com/homepages/PZarembka




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