Social Theory Lectures

Spring 2014: Market Failures, Famine and Crisis

All Lectures to be held at 2pm in the West End Lobby of the 18th Floor of Patterson Office Tower.

February 7th, Dr. Peter Temin, MIT: "Lessons of the Great Depression."

Held in conjunction with ST 600, "Market Failure, Famines and Crisis," Dr. Peter Temin is the first lecturer in the Commitee on Social Theory Spring Lecture Series. His lecture is entitled "Lessons of the Great Depression." He provides an integrated view of the Depression, covering the experience in Britain, France, Germany, and the US; hediscusses the causes, why it was so widespread and prolonged; and what brought about the world's eventual recovery. Peter Temin also finds parallels between the Great Depression and current policies that are recommended and sometimes followed by governments. Dr. Temin is a professor in the Department of Economics and History at MIT. His most recent publications include The Roman Market Economy, Princeton University Press, 2013 and The Leaderless Economy: Why the World Economic System Fell Apart and How to Fix It, Princeton University Press, 2013 (with David Vines).

http://vimeo.com/86617716 Miss the talk? Visit the link to watch Dr. Temin's lecture!
 

February 28th, Dr. Greta Krippner, University of Michigan: "The Crisis in Market Regulation."

Held in conjunction with ST 600 "Market Failure, Famines and Crises," Dr. Greta Krippner is the second lecturer in the Committee on Social Theory Spring Lecture Series. Her lecture is entitled, "The Crisis in Market Regulation." She finds that state policies created the conditions conducive to financialization that solved some current policy dilemmas of the 1970s and 1980s, but created major weaknesses that would ultimately fail in the new millennium. Financialization of the economy was not a deliberate outcome sought by policymakers, but rather an inadvertent result of the state's attempts to solve other problems, especially the stagnation and deregulation in the 1970s and 1980s, the encouragement of foreign capital in the US economy, and large trade imbalances caused by direct foreign investment. Dr. Krippner is an Associate Professor in Sociology at the University of Michigan. Her latest publication is Capitalizing on Crisis: The Political Origins of the Rise of Finance Harvard University Press, 2012.
 

April 4th, Dr. Cormac O'Grada, University College Dublin School of Economics: "The Nature of Famines."

Held in conjunction with ST 600 "Market Failure, Famines and Crises," Dr. Cormac O'Grada is the third speaker in the Committee on Social Theory Spring Lecture Series. His lecture, "The Nature of Famines," will focus on the long-term demographic consequences of famines. Population pressure, public policy, and human agency all play a role in causing famine. Food markets can mitigate famine or make it worse. Dr. O'Grada is a professor of economics at at the University College Dublin School of Economics. His most recent book is Famines: A Short History Princeton University Press, 2009.

 

April 25th, Dr. Alex Callinicos, King's College London: "Bonfires of Illusions: the Twin Crises of the Liberal World."

Held in conjunction with ST 600 "Market Failure, Famines and Crises," Dr. Alex Callinicos is the fourth speaker in the Committee on Social Theory Spring Lecture Series. His lecture is entitled "Bonfires of Illusions: the Twin Crises of the Liberal World." His lecture will discuss the future of new movements of anti-globalization. There are different forms of this movement and strategic dilemmas that involve using or avoiding violence. As such a movement can be organized against capitalism itself, the logic of competitive accumulation that drives the capitalist system threatens ecological catastrophe in addition to unemployment and lost jobs. Dr. Callinicos is a professor of European Studies at King's College London. His latest book is Imperialism and Global Political Economy Polity, 2009.

 

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