2009
DOI: 10.1177/0896920508101505
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Finance Capital, Neo-Liberalism and Critical Institutionalism

Abstract: Classical critical institutionalism is compared to recent 'neo-instititutionalism' in economics, sociology and organizational studies. Both approaches developed during a regime change within capitalism, crisis periods of economic change and destabilized relationships between capitalist sectors and social institutions. Unlike mainstream economics, institutional approaches map these changing connections between capitalist sectors (finance and industrial capital, for instance) and between economic and social inst… Show more

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Cited by 11 publications
(6 citation statements)
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“…Moreover, the notion of ' critical institutionalism' more clearly reveals its roots both in materialist critical theory (Cox 1987) and in the historical institutionalism of Evans et al (1985). It builds on MacKay et al's (2011) feminist institutionalism and answers Krier's (2009) call for a critical institutionalism that recognizes the importance of institutions while examining the political and economic contexts (including the power relations) in which they evolve. In this article, we demonstrate how such an approach can illuminate the historical construction of 2GSSR in Haiti and in other FCAS.…”
Section: Global Debates and Theoretical Frameworkmentioning
confidence: 99%
“…Moreover, the notion of ' critical institutionalism' more clearly reveals its roots both in materialist critical theory (Cox 1987) and in the historical institutionalism of Evans et al (1985). It builds on MacKay et al's (2011) feminist institutionalism and answers Krier's (2009) call for a critical institutionalism that recognizes the importance of institutions while examining the political and economic contexts (including the power relations) in which they evolve. In this article, we demonstrate how such an approach can illuminate the historical construction of 2GSSR in Haiti and in other FCAS.…”
Section: Global Debates and Theoretical Frameworkmentioning
confidence: 99%
“…5 Both Marx and Veblen have not built a theory which depends on an idea or an assumption about human or individual rather than that their approach accepts species-being of human and then underline evolving and changing form of this human as a concrete individual and as a concept. It is significant for our further discussion on rejecting neoliberal definition of individual and society and creating an alternative to it in which "homo-socius replaces homo-economicus" (Krier, 2009).…”
Section: Veblen Keynes and Marx In A Historical Perspectivementioning
confidence: 99%
“…These are significant intellectual, institutional, and organisational resources that academic cooperation between sociology and economics can utilise, breaking old ideological barriers. For example, perspectives for integrating current ‘new sociological intuitionalism’ with core ideas of classical critical institutionalism thought in economics (first suggested by Torstein Veblen in the late 19th century) have been analysed by Krier (2009). Such initiatives might be helpful for shaping an adequate integral vision of economic life still lacking in the social sciences (Brown and Spencer, 2014: 950).…”
Section: ‘Economic Imperialism’ and ‘The Enemy Nearby’mentioning
confidence: 99%