Moral Economy or Political Economy? Property and Credit Markets in 19th Century Rural Portugal

Peasants are often represented as a distinctive rural type with a reverent attitude toward the land, a disdain for commerce, and a set of institutions that sustain homogeneity and community. An alternative to this "moral economy" approach is a differentiation or political economy perspective that emphasizes articulation and integration within a broader regional, national and institutional framework, as well as individual and household strategies. Focusing on the rural population of nineteenth and twentieth century northwestern Portugal, this article addresses these two approaches through an analysis of peasant engagement with the property and finance capital markets. It explores the motives that pull peasants into these markets, how these transactions not only link rural and urban populations into a single regional economic system, but also connect individuals to the international market of labor through emigration, and finally how these transactions are embedded in village institutions including family, neighborship, and religious brotherhoods.     

Economic Theories of Low-Wage Work

This article examines economic theories of the low-wage labor market to increase understanding of economic inequality and poverty in the United States, particularly related to the labor market. On the one hand, neoclassical, labor monopsony, and Harris-Todaro models explain how minimum wage policies are related to supply and demand of labor, human capital, employment, and unemployment. On the other hand, the efficiency wage model, the dual labor market theory, and technology development and globalization account for the causes of the wage differentials. This article includes a conceptual map that illustrates the interrelationships between these economic theories of low-wage work.     

Spiritual Capital: Theorizing Religion with Bourdieu Against Bourdieu

Bourdieu's theory of culture offers a rich conceptual resource for the social‐scientific study of religion. In particular, his analysis of cultural capital as a medium of social relations suggests an economic model of religion alternative to that championed by rational choice theorists. After evaluating Bourdieu's limited writings on religion, this paper draws upon his wider work to craft a new model of "spiritual capital." Distinct from Iannaccone's and Stark and Finke's visions of "religious capital," this Bourdieuian model treats religious knowledge, competencies, and preferences as positional goods within a competitive symbolic economy. The valuation of spiritual capital is the object of continuous struggle and is subject to considerable temporal and subcultural variation. A model of spiritual capital illuminates such phenomena as religious conversion, devotional eclecticism, religious fads, and social mobility. It also suggests some necessary modifications to Bourdieu's theoretical system, particularly his understanding of individual agency, cultural production, and the relative autonomy of fields.     

The Production Function,Crop Diversity,and the Debate Between Conventional and Sustainable Agriculture1

Abstract Organizational assumptions embedded in the production function of neoclassical economics have served to structure production agriculture in the United States for the past 100 years. The narrow focus of the production function on the inputs of land, labor, capital, and management and the use of on-farm profitability as the primary definition of sustainability have come under attack from sustainable agriculturalists, who argue that the social and environmental consequences of production are as important as the economic outcomes. Using diversity of crops harvested as an indicator of sustainability, the production function is operationalized to inform the debate between the conventional, neoclassical model of production and the alternative, sustainable model. Census of agriculture data from 1978, 1982, and 1987 are used in both cross-sectional and temporal models. Results show that increases in expenditures for equipment and machinery, prevalence of corporate farms, higher rates of tenancy, and the prevalence of large farms are associated with lower levels of diversity at the county level. Conversely, higher levels of diversity are found in counties with greater farm labor expenses, where there are more medium-size farms, and where farmers are more likely to farm full-time.     

Economic achievement of immigrants in Japan: Examining the role of country-of-origin and host-country-specific human capital in an inflexible labor market

The economic integration of immigrants is a salient social issue in Japan. Although the US immigration literature has stressed the importance of host-country-specific human capital over country-of-origin human capital for immigrants, previous studies in Japan have shown mixed results about the effects of these two types of human capital on the economic integration of immigrants. The mixed results might be because previous studies focused on only specific immigrant groups (with regard to nationalities, cities, and visa status), human capital variables, and dimensions of economic achievements in the Japanese labor market. The segmented nature of the Japanese labor market structure and immigration policies create different pathways to “economic achievements” of immigrants depending on the dimension of “economic achievements” studied. By conducting a nationally representative social survey of Japanese immigrants, we examined the association between the two types of human capital (i.e., country-of-origin and host-country-specific) and the three indicators of labor market success: employment status and firm size, occupational status, and income. Our results indicate that host-country-specific human capital in the form of higher education and language proficiency is important for all three indicators of economic achievement in Japan, while country-of-origin human capital in the form of higher education and vocational skills is transferable to some extent. Our results suggest that the significance of human capital in immigrants' economic success is determined not only by the structure of the labor market but also by immigration policies.     

Inscribing Gender in Rural Development: Industrial Homework in Two Midwestern Communities1

Abstract A resurgence of informal economic work, such as home-working, occurred in some rural areas during the 1970s and the 1980s. In two midwestern communities, an employer of industrial homeworkers was recruited in an effort to boost the local economy with new jobs. In these communities, ideas about women's roles in households and the labor market are crucial to the states' ability to couple industrial homeworking with rural community development. Industrial homeworking as development in the United States shows how development goals support and maintain the sexual division of labor in households and in the local labor market. Personal interviews and archival documents form the basis of the case study data. These data are content-analyzed for themes about the process of development and the relationship of the local states and industrial firms.     

The internal economy of Cuban tobacco slavery

The independent production by slaves of subsistence and surplus food, as well as material goods holding economic value, is a critical component in understanding the complexities of slavery as an institution. However, in the context of Cuba, scholars have either ignored or undervalued this practice – a result of the long-standing attention paid to slaves laboring in sugar production at the expense of scholarship on other slave-based agricultural economies. In an effort to highlight the existence of an internal, material economy within Cuba's slave community, this article analyzes Cuban tobacco slavery through a structural argument emphasizing how tobacco's unique labor arrangements facilitated the existence of an internal economy. As a result, within this specific community, tens of thousands of slaves had the potential to become autonomous economic actors whose independent activities fundamentally transformed the very nature of enslavement, most notably through the opportunity of self-purchase.     

A neoclassical Kaldor model of real wage declines

A model linking macroeconomic equilibrium and income distribution in balanced growth equilibria is developed as a variant to the Kaldor model of factor shares. It departs from the original Kaldor model in assuming equal saving rates and a neoclassical production function. Macroeconomic equilibrium (national savings equal to investment) combines with competitive microeconomic behavior to determine the real wage and real interest rate. An increase in the ratio of national debt to labor reduces the real wage, explaining recent declines.     

THE POLITICAL ECONOMY OF HEINRICH VON STACKELBERG

Although Heinrich von Stackelberg is famous for his contributions to the theory of imperfect competition, until recently scant attention has been paid to the life, other theoretical work and political thinking of this National Socialist economist. This paper examines his political economy as well as the events in his life which helped form it. Stackelberg devised a unique defense of fascist economic policy based on neoclassical economic analysis. At the same time, he may be credited with creating a novel theoretical framework for addressing a still unfinished line of inquiry into unstable markets and related informational issues.     

Gradual Retirement in Germany

While nearly all developed nations have some form of attendance allowance for the elderly and disabled, the United Kingdom and several of the American states have provisions to pay caregivers directly if they are family members. This paper compares and contrasts provisions in the U.K. Invalid Care Allowance with provisions of a program in one American state-Michigan. Such payments potentially benefit disabled people, caregivers, and cost-conscious states. However, two particular goals shape the programs' impacts on caregiver functioning and adequacy. One is the extent to which programs operate as welfare provisions and benefits directed at the social or household economy. The other is the extent to which they function as a substitute for wage labor in the market economy. Each of these can be assessed in relation to the real, personal choices and economic gains it provides caregivers. Presumably, both are important in sustaining adequate and satisfying long-term care. Only by truly expanding choice as well as capacity can governments expect to effectively sustain an optimal mix of care provision in the community.     

Wages or welfare? Compensating caregiving in two conservative social welfare states

While nearly all developed nations have some form of attendance allowance for the elderly and disabled, the United Kingdom and several of the American states have provisions to pay caregivers directly if they are family members. This paper compares and contrasts provisions in the U.K. Invalid Care Allowance with provisions of a program in one American state-Michigan. Such payments potentially benefit disabled people, caregivers, and cost-conscious states. However, two particular goals shape the programs' impacts on caregiver functioning and adequacy. One is the extent to which programs operate as welfare provisions and benefits directed at the social or household economy. The other is the extent to which they function as a substitute for wage labor in the market economy. Each of these can be assessed in relation to the real, personal choices and economic gains it provides caregivers. Presumably, both are important in sustaining adequate and satisfying long-term care. Only by truly expanding choice as well as capacity can governments expect to effectively sustain an optimal mix of care provision in the community.     

Competitive sport and social capital in rural Australia

Sport is often regarded as an important part of life in rural Australia, contributing to community identity, sense of place, social interaction and good health. The involvement of rural citizens in sport also has the potential to contribute to social capital. Understood in simple terms as norms of reciprocity and associational life, social capital is often regarded as a positive resource in rural areas. Drawing on a case study of the Northern Wheatbelt of Western Australia, this paper examines the links between sport and social capital in a rural region. In particular, it considers the ways in which sport acts as a vehicle for the creation and expression of social capital. The paper also considers the so-called darker side to social capital, and the extent to which this is evident in the Northern Wheatbelt. The paper shows that sport is an important arena for the creation and maintenance of social capital. However, it is also clear that this is being eroded as a result of wider processes of economic and social restructuring in rural Australia. The paper also points out that the social capital generated by sport is often fragile, and can lead to social exclusion and marginality for some residents.     

Talk Is Cheap: The Value of Language in the World Economy-Illustrations from the United States and Quebec

Global economic restructuring modifies the traditional material value of language skills and stands to increasingly fragment labor along class and ethnic lines. Language deskilling, brought about by the international mobility of capital and technological change, has diminished the value of traditionally skilled labor. Yet labor, though weakened economically and politically, is not powerless. Two contrasting instances, examined through a common political-economic perspective, are considered: the U.S. meatpacking industry as exemplified in a Lexington, Nebraska, plant and the labor movement in the national economy of Quebec. These two cases illustrate the unity and diversity found in the contingent and uncertain process of global economic change. The Lexington example illustrates the process by which the language abilities of both immigrant and indigenous labor have been successfully deskilled. The Quebec instance illustrates the capacity of labor to utilize a common language and culture as a mobilization resource to diminish the devaluation of language and secure material gains. Possible future directions of change are considered in each instance.     

Community conflict resolution: the development of social capital within an interactional field

Purpose: In recent years, we have seen the concept of social capital incorporated into academic and popular discourse within the United States and across the globe. Social capital has been linked to the differences in land sale prices among agricultural producers to the economic decisions individuals make as they participate in a market economy to educational attainment, and the collective benefit of more effectively managing the physical and economic resources of a collective.Justification for the focus on social capital has been based on the role social capital plays in enhancing the ability of communities to manage human, economic, and environmental capital. High degrees of social capital have been suggested to enhance a community’s ability to manage controversy. Yet, little is known about the development of social capital within a community. Questions arise such as, “Does a community have to have social capital before a conflict develops if it is to successfully resolve a community wide dispute? If not, then what conceptual framework will provide insight into the development of social capital as a community engages local conflict?”This paper provides a linkage between the community literature, which examines community as an interactional field and the evolving concept of social capital. The concept of community as an interactional field was supported by Kauffman (1959) as he presented an argument that community can be viewed as a field of social interaction, which when strengthened and focused, the result is the creation of public good oriented actions. This public focus provides a structure to better organize and manage community wide resources.Wilkinson, a student of Kauffman, continued this conceptual work as he described two fields. The social field and the community field. The primary distinction between the two fields is that in the social field individuals pursue their own self interest while a community field cuts across these fields and is more generalized. It is within the community field that we see collective action focusing on public good.Methods: Drawing upon a case study the question of “how does social capital develop?” is addressed. This paper examines the development of social capital within the context of a community conflict. By examining the process through the lens of community as an interactional field the development and impact of social capital is highlighted. Utilizing a case study of a small rural Nebraska community the process of social capital development is examined as a small geographically isolated rural community engages across social fields building social capital as it heals and gains skills to manage its human, economic and environmental resources.In this paper I provide a theoretical overview of the conceptual components of social capital, link those to the concept of community as an interactional field and use this theoretical synthesis to examine a case study of a small Nebraskan community as it attempts to resolve a serious community conflict.Results: The findings suggest that social capital is a consequence as well as a cause of community action. The interaction within the social field provides a preliminary forum for increased acquaintanceship densities, which provide in-depth personal knowledge about players across social fields and beyond specific self interests. Norms develop, trust and reciprocity evolve from the increased acquaintanceship density across social fields. Social capital develops as the collective action takes on a community focus versus that of a specific individual or organization. In the case of Alton, Nebraska, social capital developed within the community field as the residents engaged in conflict over a local school.Conclusion: This case study provides insight into how social capital not only can enhance the community’s ability to manage resources but may develop as a consequence of collective action such as resolving a local conflict.     

TEMPTATION‐DRIVEN BEHAVIOR AND TAXATION: A QUANTITATIVE ANALYSIS IN A LIFE‐CYCLE MODEL

This paper examines the impact of labor and capital income taxes in a stochastic overlapping generations (OLG) economy where agents face borrowing constraints and their behavior is temptation driven. We quantitatively establish that the existence of temptation in preferences may function as an opposing mechanism to modeling choices, such as liquidity constraints, life‐cycle structure, and idiosyncratic earnings risks, that are critical in delivering a positive capital income tax rate. We show that a sufficiently large measure of individuals having self‐control preferences, or alternatively, a sufficiently high cost of exercising self‐control, puts downward pressure on the optimal capital income tax rate. (JEL E21, E62, H55)     

‘Never be free without trustin’ some person’: networking and buying freedom in the nineteenth-century United States

The strengthening economy of slavery in the nineteenth-century United States further solidified the commodification of the enslaved and their labor. In response to these forces some African-Americans looked to use slavery’s market to buy their freedom. Self-purchase was a crucial path to freedom for African-Americans throughout the nineteenth century. This article examines how African-Americans created economic opportunities, formed networks, and accumulated both social and economic capital as they worked to buy freedom.     

Immigration and the New Racial Diversity in Rural America*

This article highlights the new racial and ethnic diversity in rural America, which may be the most important but least anticipated population shift in recent demographic history. Ethnoracial change is central to virtually every aspect of rural America over the foreseeable future: agro‐food systems, community life, labor force change, economic development, schools and schooling, demographic change, intergroup relations, and politics. The goal here is to plainly illustrate how America's racial and ethnic transformation has emerged as an important dimension of ongoing U.S. urbanization and urbanism, growing cultural and economic heterogeneity, and a putative “decline in community” in rural America. Rural communities provide a natural laboratory for better understanding the implications of uneven settlement and racial diversity, acculturation, and economic and political incorporation among Hispanic newcomers. This article raises the prospect of a new racial balkanization and outlines key impediments to full incorporation of Hispanics into rural and small town community life. Immigration and the new ethnoracial diversity will be at the leading edge of major changes in rural community life as the nation moves toward becoming a majority‐minority society by 2042.     

The Rational Choice Generalization of Neoclassical Economics Reconsidered: Any Theoretical Legitimation for Economic Imperialism?

The article reconsiders the generalization of neoclassical economics by modern rational choice theory. Hence, it reexamines the possible theoretical grounds or lack thereof within neoclassical economics for economic imperialism implied in much of rational choice theory. Some indicative instances of rational choice theory's generalization of neoclassical economics are reviewed. The main portion of the article addresses the question as to whether neoclassical economics allows its generalization in rational choice theory and thus legitimizes economic imperialism. Presented are a number of pertinent theoretical reasons why neoclassical economics does not fully justify its generalization into rational choice as a general social theory, particularly into an overarching economic approach to social action and society. Also discussed are some theoretical implications of the rational choice generalization of neoclassical economics. The main contribution of the article is to detect lack of a strong theoretical rationale in much of neoclassical economics for rational choice theory's manifest or latent economic imperialism.     

The new rural-urban labor mobility in China: Causes and implications

As the Chinese economy reforms, a huge new floating population of rural-urban migrants is transforming the urban labor force. This article explores some of the most important reasons for the emergence of the floating population in China. We argue that the neoclassical model alone is not adequate to explain the massive rural-urban internal migration underway in China. Instead, ideas drawn from both sociological theories of segmented markets and institutional economics are used to supplement the standard neoclassical explanation. We found that Chinese policy reforms in both rural and urban areas decreased the balkanization of labor markets and opened up employment opportunities for many rural-urban migrants. In rural areas, a set of agricultural market reforms, starting in 1978, increased farm incomes and simultaneously produced a large surplus labor supply. In urban areas, reforms beginning in the 1980s created an effective demand for rural migrants. Of particular importance was the development of a contract labor system and the emergence of a private sector.     

廊坊市发展总部经济的“三步曲”构想

发展总部经济对于构筑"京津冀电子信息走廊、环渤海休闲商务中心"、建设"环首都绿色经济圈"等都有非常现实的意义。文章在对廊坊总部经济发展现状全面调研的基础上,提出"三步曲"的廊坊总部经济发展模式,并在总体规划、政策引导、配套对接等方面提出了对策建议,以期对廊坊总部经济发展起到一些积极的作用。