Reconciling two concepts of money: Karl Marx and Tony Lawson

Article Economics

Social positioning theory

Tony Lawson

Summary: This paper introduces the theory of social positioning and discusses its usefulness in substantive social analysis, particularly in resolving issues related to the nature of money.

CAMBRIDGE JOURNAL OF ECONOMICS (2022)

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Article Philosophy

Cambridge social ontology, the philosophical critique of modern economics and social positioning theory: an interview with Tony Lawson, part 2

Tony Lawson et al.

Summary: In this wide-ranging interview, Tony Lawson discusses his role in Critical Realism, defenses of mathematical modeling in economics, social ontology, and his social positioning theory. He clarifies his take on debates regarding emergence and causation with scholars like Searle and Elder-Vass, and provides examples of applications of social positioning theory, including his latest thoughts on the nature of money.

JOURNAL OF CRITICAL REALISM (2021)

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Article Philosophy

Cambridge social ontology, the philosophical critique of modern economics and social positioning theory: an interview with Tony Lawson, part 1

Tony Lawson et al.

Summary: In this wide-ranging interview, Tony Lawson discusses his role in the formation of IACR, his views on 'Critical Realism', and provides commentary on the use of mathematical modelling in economics and the Covid-19 pandemic. In Part 2, he explores his social positioning theory.

JOURNAL OF CRITICAL REALISM (2021)

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Article Economics

Public good, collective action and financial regulation

Faruk Ulgen

Summary: The economy-wide liberalization reforms in major capitalist economies since the 1980s had a profound impact on financial markets, leading to financialization of economic decisions and actions. The global systemic crisis in 2007-08 highlighted the central role of financial regulatory framework for ensuring financial stability as a public infrastructure in open societies. Financial transactions are critical for the entire economic society, emphasizing the need for a collective action framework in a financialized economy.

ANNALS OF PUBLIC AND COOPERATIVE ECONOMICS (2021)

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Article Philosophy