My brilliant friend and co-author of an excellent new book "Six faces of globalization" @AntheaERoberts was wondering why I did not discuss the two last (5th & 6th) glob. narratives.
The 5th narrative is geoeco(political): how to stop the rise of China? The arguments used by the proponents of that approach are a pot-pourri of weird ("CHN students should study Shakespeare not engineering") to absurd (CHN s to be mistrusted even if has not done anything bad).
It makes no sense to engage substantively w/ such a narrative b/c people who make these claims are uninterested in whether they are true or false. Their objective is political propaganda & that's fine.
The 6th narrative is "common threats." That approach consistently ignores reality. What is greater common threat than the pandemic? Yet, what do we see? It is not a *common* threat at all. On the contrary.
Poor ppl die more than the rich, and rich countries have a surfeit of vaccines while less that 5% in LDCs are vaccinated. Countries do not cooperate but fight. Shows intellectual bankruptcy of an approach based on ignoring...
inequalities in income, class, interest, gender, race by using the weasel language of "we", "the world" etc.
So, there is really nothing to discuss there either: that narrative may be useful to get PhDs, and give speeches at the EU, but it has no connection to reality.

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More from @BrankoMilan

11 Aug
Summary of the Ranaldi-Milanovic paper.
We distinguish btw
1 compositional inequality (are there people receiving only income from K & everybody else gets wages only; or is everyone getting the same shares of their income from L and K),
and
2 inter-personal inequality (Gini).
High compositional inequality is associated w/ high Gini. Not surprising. If you have on one side people receiving income from K only, and everybody else gets just wages, inter-personal inequality is likely to be high. Examples are LatAm & India.
Nordic countries are exceptional because they combine high compositional inequality with low inter-personal inequality. So they are (what we call) "hidden class societies". Their low inequality is due to wage compression.
Read 6 tweets
10 Aug
Last two weeks:
The Unknown Tocqueville in America
branko2f7.substack.com/p/the-unknown-…
Trotsky according to Kolakowski
branko2f7.substack.com/p/trotsky-afte…
Can China go on a hundred-year NEP?
branko2f7.substack.com/p/the-long-nep…
Read 4 tweets
7 Aug
I also think that Kolakowski was tagged anti-Marxist because in the 1980s such critiques as his (i.e. "within" and erudite) were relatively rare. But there is no doubt that he had huge admiration for Marx.
"He [Marx] has profoundly affected our understanding of history, and it is hard to deny that without him our researches would be less compete and accurate than they are.
It makes [for example] an essential difference…whether the history of Christianity is presented as an intellectual struggle about dogmatic interpretation of doctrine, or whether these are regarded as manifestations of the
Read 4 tweets
6 Aug
The article on the Amazon worker is 1 of the best documentary pieces I have read. Why?
1 It describes the often dystopian work environment, total alienation of workers, desire to escape from it all which hampers any type of organization. This is the world of unhappy individuals.
2 It also shows generalized disinterest of the middle-level management.
3 But it brilliantly showcases capitalism's (in this case Amazon's) ability to organize production and to extract as much surplus value from workers as possible.
4 I compared the work described in the article with what I have seen as a young person on the shop-floor in socialist Yugoslavia where people worked at most 3-4h per day, and I was awed by Amazon's technology.
Read 4 tweets
6 Aug
The past ten days were interesting.
First, you can find out if Norway is a new East India company
branko2f7.substack.com/p/is-norway-th…
Then, how to remedy Eurocentrism in economics (based on Sebastian Conrad's book)
glineq.blogspot.com/2021/07/on-eur…
Whether China is going for one very long NEP
branko2f7.substack.com/p/the-long-nep…
Read 4 tweets
1 Aug
Ten book reviews on China (with * rankings)
How China became a market economy
Julian Gewirtz's "Unlikely partners" ***
branko2f7.substack.com/p/how-china-be…
Can corruption be good for growth?
Yuen Yuen Ang's "China's Gilded Age" ****
branko2f7.substack.com/p/can-corrupti…
The social and geopolitical origins of China’s rise
Ho-fung Hung's "The China boom" ****
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Read 10 tweets

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