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Tag Archives: marxism

Vidal[Ed note: This is the final of 14 posts in a virtual panel on The Future of Organizational Sociology.]

In this closing essay of a virtual panel on The Future of Organizational Sociology I want to suggest a direction that was only briefly hinted at in two of the preceding 13 essays: More engagement with political economy. Harland Prechel argued for a need to focus on how political-legal institutions shape managerial behaviour and Jerry Davis discussed increasingly precarious employment for the working class. The broader subfield is also largely silent on issues of political economy, with a very few notable exceptions including Neil Fligstein and Jerry on financialization, Mark Mizruchi on the corporate elite and Harland on big business and the state.

In my view there is much to be gained from engaging traditional organizational theory with political economy focused on structures and dynamics of profit seeking, capital accumulation and class relations. A turn to political economy can help to grasp the deeper structures and historical dynamics underlying the mid-range phenomena that are typically the focus of organizational theory.

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US inequality

Rising income inequality in the United States has become big news over the last few years. Sociology and left political economy have always seen inequality as a structural outcome necessarily produced by the normal operation of capitalist economies. The recent concern shown by mainstream economists and some politicians is more curious, given that – with the exception of a three-year period in the 1990s and again in the 2000s – income inequality has risen steadily from 1968 to the present.

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