SPERI Presents...

• Crisis Point: Asian Financial Crisis w/ Jomo Kwame Sundaram

  What does the 1997 East Asian Financial Crisis tell us about capitalism and crisis more generally? Should we include it alongside the 1930s, 1970s and 2008 as a major crisis in the history of capitalism? Or does it simply an early symptom of the conditions that eventually gave rise to 2008? Jomo Kwame Sundaram is a Malaysian economist holding such positions including Visiting Senior Fellow at Khazanah Research Institute, Visiting Fellow at the Initiative for Policy Dialogue, Columbia University, and Adjunct Professor at the International Islamic University in Malaysia. He joins Chris Saltmarsh and Dillon Wamsley to discuss the 1997 Asian Financial Crisis including the role of the IMF in causing it; its experience in Thailand, Malaysia and South Korea respectively; and how we should understand it in relation to the 2008 financial crisis.Crisis Point is a limited series introducing the political economy of capitalist crises, providing historical and theoretical rigour to discourses around crisis in the present.Recommended reading for this episode:1) Jomo Kwame Sundaram (ed.) Tigers in Trouble: Financial Governance, Liberalisation and Crises in Southeast Asia (Hong Kong University Press, 1998)2) George W. Noble & John Ravenhill (eds.), The Asian Financial Crisis and the Architecture of Global Finance (Cambridge University Press, 2012)3) Frank Veneroso & Robert Wade, The Asian Crisis: The High Debt Model Versus the Wall Street-Treasury-IMF Complex, New Left Review, I/228 (1998)Works referenced in this episode:Robert Wade on East Asia, including the Republic of KoreaThis episode is produced by the SPERI Presents… committee, including Remi Edwards, Chris Saltmarsh, Frank Maracchione, Emma Mahoney, Dillon Wamsley and Andrew Hindmoor. This episode was edited by Chris Saltmarsh and Dillon Wamsley. Music and audio by Andy_Gambino. Hosted on Acast. See https://acast.com/privacy for more information. Hosted on Acast. See acast.com/privacy for more information.

  --------  

  39:02
• Crisis Point: 1970s Stagflation w/ Colin Hay

  The 1970s crisis of stagflation is often represented as a crisis of capitalism inciting transformation from post-war social democracy to neoliberalism, but was that really how the crisis was experienced at the time? Was capitalism itself at risk, or was this just a crisis in capitalism and of British politics? Is social democracy the right way to understand the post-war period? Were the unions as powerful as we're told? Did Thatcherism decisively solve the problem of inflation as is claimed? Given the prevalence of historical analogy, what can the 1970s (and, indeed, the 1930s) tell us about our current crisis-ridden conjuncture?Colin Hay was a founding co-Director for SPERI in 2012 and remains in that position today. He is also a Professor of Political Sciences in the Centre for European Studies and Comparative Politics at Sciences Po in Paris. He joins Chris Saltmarsh and Dillon Wamsley to discuss the international factors underpinning the1970s crisis of stagflation, misunderstandings about trade unions and inflation during the Winter of Discontent, ironic legacies of Keynesianism, Thatcherism as a political project, neoliberalisation as a process, and constructivist approaches to crisis.Crisis Point is a limited series introducing the political economy of capitalist crises, providing historical and theoretical rigour to discourses around crisis in the present.Recommended reading for this episode:1) Colin Hay, Narrating Crisis: The Discursive Construction of the `Winter of Discontent', Sociology (1996)2) Leo Panitch, The Impasse of Social Democratic Politics, Socialist Register (1986)Works referenced in this episode:Colin Hay's doctoral thesis: 'Re-stating crisis : strategic moments in the structural transformation of the state in post-war Britain' (1995)Ben Bernanke's doctoral thesis: 'Long-term commitments, dynamic optimization, and the business cycle' (1979)This episode is produced by the SPERI Presents… committee, including Remi Edwards, Chris Saltmarsh, Frank Maracchione, Emma Mahoney, Dillon Wamsley and Andrew Hindmoor. This episode was edited by Chris Saltmarsh and Dillon Wamsley. Music and audio by Andy_Gambino. Hosted on Acast. See https://acast.com/privacy for more information. Hosted on Acast. See acast.com/privacy for more information.

  --------  

  37:13
• Crisis Point: Great Depression w/ Gareth Dale

  For many the Great Depression represents the first and most devastating crisis in capitalism's history. How did it come about about? How did it change both the lives of ordinary people and capital accumulation? Was the Great Depression to be a model for future capitalist crises occurring in cycles, or a singular event producing a unique configuration of consequences?Gareth Dale is Reader in Political Economy at Brunel, University of London. He joins Chris Saltmarsh and Dillon Wamsley to discuss how the ideas of Karl Polanyi can help us understand the 1930s Great Depression in the longer history of crisis and capitalism.Crisis Point is a limited series introducing the political economy of capitalist crises, providing historical and theoretical rigour to discourses around crisis in the present.Recommended reading:1) Karl Polanyi (1944), The Great Transformation2) Gareth Dale (2010) Karl Polanyi: The Limits of the Market3) Eric Helleiner (2014) Forgotten Foundations of Bretton Woods: International Development and the Making of the Postwar OrderThis episode is produced by the SPERI Presents… committee, including Remi Edwards, Chris Saltmarsh, Frank Maracchione, Emma Mahoney, Dillon Wamsley and Andrew Hindmoor. This episode was edited by Chris Saltmarsh and Dillon Wamsley. Music and audio by Andy_Gambino. Hosted on Acast. See https://acast.com/privacy for more information. Hosted on Acast. See acast.com/privacy for more information.

  --------  

  33:06
• Crisis Point: Debating Crisis w/ Dillon Wamsley & Chris Saltmarsh

  Why is crisis a core feature of capitalism? What role does crisis play in the history of capitalism? How useful is crisis as a concept for understanding contemporary political-economic upheavals, for both scholars and activists? Are we in the midst of a crisis or new era of polycrisis or permacrisis? How can we understand our location within it?Chris Saltmarsh is a postgraduate researcher at University of Sheffield. Dillon Wamsley is a postdoctoral researcher the Sheffield Political Economy Research Institute (SPERI). They are producers and co-hosts of Crisis Point, a SPERI Presents... limited series introducing the political economy of capitalist crises, providing historical and theoretical rigour to discourses around crisis in the present. In this first episode, they discuss how the concept of crisis is variously understood in political economy literatures, begin to develop a working theory of crisis, and introduce key questions that will be applied to historic and contemporary crisis events throughout the series.Recommended reading for this episode:1) Andrew Gamble, Crisis Without End? The Unravelling of Western Prosperity (2014), Chapter 2, pp. 28-47.2) Stuart Hall and Doreen Massey, Interpreting the Crisis, Soundings (2010)3) Leo Panitch and Sam Gindin, Capitalist Crises and the Crisis this Time, Socialist Register (2011)4) Antonio Gramsci, The Prison Notebooks (1971), pp. 399-401Works referenced in this episode:1) Adam Tooze, Defining polycrisis – From crisis pictures to the crisis matrix (2022)2) Joseph Schumpeter, Capitalism, Socialism and Democracy (2010)This episode is produced by the SPERI Presents… committee, including Remi Edwards, Chris Saltmarsh, Frank Maracchione, Emma Mahoney, Dillon Wamsley and Andrew Hindmoor. This episode was edited by Chris Saltmarsh and Dillon Wamsley. Music and audio by Andy_Gambino. Hosted on Acast. See https://acast.com/privacy for more information. Hosted on Acast. See acast.com/privacy for more information.

  --------  

  32:27
• New Thinking: Human Costs of Caring w/ Shirin Rai

  What are the human costs of caring labour? Where does this labour take place, who takes it on and how can we best study it?Shirin M. Rai is Distinguished Research Professor in the Department of Politics and International Studies SOAS, University of London. Dr Jayanthi Lingham is a Research Associate at the Centre for Care. They join Dr Remi Edwards to discuss Rai's recent book Depletion: The Human Costs of Caring.Works referenced:Lingham & Johnston 2024Budlender, 2010Butler & Hoskyns, 2017Cooper, 2014Dowling, 2021Elson, 1979Federici, 1975Fraser, 2016Hirway & Jose, 2011Katz, 2001Mezzadri, 2022Rai, Hoskyns & Thomas, 2014Rai & True, 2020Stevano et al, 2019Bhattacharya, 2017Waring, 1988'New Thinking in Political Economy' is a monthly podcast showcasing cutting-edge political economy research that helps us to understand the world around us.This episode is produced by the SPERI Presents… committee, including Remi Edwards, Chris Saltmarsh, Frank Maracchione, Emma Mahoney, Dillon Wamsley and Andrew Hindmoor. This episode was edited by Remi Edwards and Chris Saltmarsh. Music and audio by Andy_Gambino. Hosted on Acast. Hosted on Acast. See acast.com/privacy for more information.

  --------  

  39:25

More Government podcasts

Trending Government podcasts

About SPERI Presents...