Summer School on “The Workings of Capital: Perspectives on Exploitation in Law, Labor, and Distribution”

When: July 15-17, 2021

Where: The school will be held online. We will monitor existing conditions and regulations, and if possible, we will move the event to a blended format, featuring on-campus lectures and online sessions. In case of a blended format, the event will be hosted at the Auditorium of the Institute of Letters and Human Sciences (ILCH) at the ​University of Minho, Braga.

Organization: This event is co-organized by the Centre for Ethics, Politics, and Society of the University of Minho, and the Philosophy Department of the University of York

Convenors: Catarina Neves, Daniele Santoro, and Pedro Teixeira

Speakers:  Martin O’Neill (University of York), Katharina Pistor (Columbia University), João Rodrigues (Universidade de Coimbra), Nicholas Vrousalis (University of Rotterdam)

Website: https://12thsummerschoolcepsbraga.weebly.com

Description
Since Marx’s early theorization, exploitation has been identified as a defining feature of the capitalist mode of production. Exploitation sheds light on the causes of the unfair distribution of resources, opportunities, and wealth, the commodification of the labor market, as well as the plundering of natural resources. It also has the normative significance of both a moral wrongdoing and a structural aspect of an unjust system that calls for change, activism, and revolution once again. As inequalities soar and the concentration of wealth lacerates the social fabric of traditional welfare state societies, the exploitative nature of late-stage capitalism has drawn the attention of a new generation of political philosophers, both in the critical and the analytical tradition.

How does capitalist exploitation take place through legal, distribution, and productive means?  How should we understand the conceptual and normative dimensions of exploitation, and what policies should be pursued to create a less exploitative form of production? The goal of the 12th edition is to answer this question by exploring the role exploitation plays within new forms of capitalist production.

The critique of capitalism is a recurrent theme of the School. In past editions, we discussed alternatives to the existing capitalist regime, such as property-owning democracy (2014) and democratic socialism (2018). We also questioned the legitimacy of free-market capitalism and the role of corporations (2019). 

Our aim in this edition is to elucidate the concept of exploitation, investigate its distributive implications for public policy, its impact on labor and the labor market, and the legal framework enabling exploitative processes.

Among the questions we are particularly interested in debating are the following:   

  • What is exploitation? Is exploitation always unjust? How to distinguish exploitation from other forms of moral wrongdoing?
  • What taxonomy of exploitation can we identify in capitalistic and socialist regimes?
  • Are new forms of exploitation essentially distinct from traditional forms of exploitation?
  • Which are the forms of labor most affected by current forms of exploitation? How can decommodification mitigate individuals’ exploitation in the labor market?
  • How can policies of predistribution and/or redistribution address issues of exploitation?
  • Can egalitarian policies mitigate exploitation, and if so, which ones are the most effective?
  • Can exploitation happen in an egalitarian society, and what can we do about it?
  • What is the role of the law in perpetuating inequality and exploitation, especially through financial markets?

Format

The school will take place over three days. Two invited lectures will be delivered each day. We invite the participation of Ph.D. students, postdoctoral scholars, and established researchers to join us in the discussion and present their ongoing work on these topics or any related theme. Abstract proposals should not exceed 500 words. To submit a proposal, visit the School’s website.

Deadline for Abstract submission: May 30, 2021
Applicants who only wish to attend the summer school, and do not want to submit a proposal, should only register for the event (see information below).

Participation

Due to travel restrictions that could still affect on-site participation next Summer, the School is being organized in a digital format this year. We hope that delivering the event online will encourage proposals from many who might be hesitating to commit to an in-person event, giving the current uncertainty. We will follow the changes in travel restrictions and the regulations in Portugal regarding international academic events. In case the situation changes, we will consider a blended format for the school, and we will inform all participants. More information about the format will be provided closer to the date of the school. For now, participants will be asked to submit their preferences for the school’s format.

The participation fee is 30 Euros in case the school takes place online. In case we are able to organize a partial in-person event, we will ask participants to increase the fee up to 50 Euros to cover expenses.  Detailed information about registration and payment procedures are available on the School’s website.

Deadline for registration: June 20, 2021. ​​

Information about the program and the school format will be available later on the website. 

For other queries, contact: 12thbragasummerschool@gmail.com

Climate Futures Workshop 2021: Climate Solutions, Money, and Politics

Asynchronous / Online / June 16-30

https://cfi-onlineworkshop.net/2021-cfa

All solutions to climate change—whether mitigation, adaptation, or compensation—play out against a backdrop of domestic and global financial, economic, and political systems. Proposed climate solutions raise issues of justice as well as politics and finance. The complex interplay of these issues calls for conversation and collaboration across disciplinary boundaries.

Visions of a Just Transition, a Green New Deal, or a Green Recovery from COVID-19 have captivated imaginations: but to what extent should responses to climate change be intertwined with radical social, economic, or political transformation? Fossil fuel companies facing asset stranding have obstructed climate solutions: but do they hold the key to developing carbon dioxide removal technologies? Renewable energy remains generally capital-intensive: how can we incentivise breakthrough innovations? Future generations will benefit significantly from action on climate change today: should we “borrow from the future” to fund a clean energy transition?

Facilitating conversations addressing such questions is the aim of this year’s Climate Futures Workshop. We outline some other possible questions below:

Broad

  • What role should we take self-interest to play in climate finance and politics, and how should self-interested motivations be constrained and channeled?
  • Is it feasible or desirable for future generations to bear any of the costs of current mitigation measures?
  • How do climate solutions connect with social movements for political and climate justice?

Narrow

  • Can fossil-fuel firms transform themselves from part of the problem to part of the solution? Can and should they be forgiven for their past roles in causing climate change and obstructing action to mitigate it? What kinds of constructive contributions can they offer? How can the various resources of fossil-fuel companies be redirected for developing climate solutions?
  • Developed countries agreed in Paris to a goal of “mobilising” $100bn per year by 2020 in climate finance. How should “mobilisation” be understood? How can climate finance be made more effective?
  • Can payments for ecosystem services such as natural carbon sinks be both just and effective?
  • What balance of command-and-control or pricing instruments will best achieve climate justice?
  • What role should economic measurements of the social cost of carbon play in setting climate policy, given the theoretical and practical difficulties of an accurate assessment?
  • Is buying fossil fuel reserves in order to keep them in the ground a feasible strategy?
  • Can changes in corporate governance incentivise increased investment in climate change adaptation?

Presenters

  • Robert Keohane
  • John Broome
  • Rebecca Henderson
  • Michael Oppenheimer
  • Simon Caney
  • Alyssa Bernstein
  • Paul Kelleher
  • Rachel Kyte
  • Angel Hsu
  • Alexandre Gajevic Sayegh
  • Matto Mildenberger
  • Jessica Green
  • Thea Riofrancos

Organizers

The Climate Futures Workshop 2021 is sponsored by the Climate Futures Initiative, the High Meadows Environmental Institute, and the Center for Human Values at Princeton University.

Essay Contest ‘The Future of Capitalism in Europe’

The Future Markets Consultation invites students and young scholars to submit their ideas on a sustainable and just market economy for Europe in the shape of an essay. A prize is available in three categories: (1) bachelor students, (2) master & PhD students and (3) young scholars until 35 years.

What we are looking for
The length of your essay should be at most 3,500 words including notes and references. Your essay should be aimed at an educated, yet non-academic public. A preference will be given to essays that do not just analyze the current situation, but also suggest ways to move forward.

What happens to your essay
All essays will be taken into account as input for the final report of the Future Markets Consultation. A selection of the best essays will be published on both the consultation website and on the Moral Markets portal.

Essay topics
You can write an essay on any topic that is of relevance to the consultation, including but not limited to:

  • Markets, government & civil society
  • How to deal with growing inequality
  • The desirability & necessity of economic growth
  • Sustainability & markets
  • Economics & the common good
  • Democratizing the economy
  • The role of civil society in capitalism
  • Business as a force for good
  • Dealing with corporate power concentrations
  • The role of work in the economy of the future
  • Reforming finance & financial institutions
  • The mix of global & local / smart globalisation
  • The spiritual & moral foundations of capitalism
  • The potential for cooperatives
  • Stimulating sustainable growth
  • True pricing

For more suggestions for relevant topics, please check our website.

Deadline: 3 January December 2021
For information on the essay contest, please visit:
https://www.moralmarkets.org/futuremarketsconsultation/activities/essay-contest/

Call for Abstracts: Workshop on Social Finance, Impact Investing and the Financialization of the Public Interest

We welcome paper proposals for an academic conference in Hamburg, Germany, on Social Finance, Impact Investing, and the Financialization of the Public Interest

Date: 23-24 March 2017

Conveners: Eve Chiapello (EHESS Paris) and Lisa Knoll (University of Hamburg)

Submission deadline for paper proposals to siconf2017(at)ehess.fr : 2 November 2016 500 to 800 words plus references.

Continue reading

CFP: Philosophy of Economics Section at DGPhil

We invite submissions for the Philosophy of Economics section at the XXIV. Congress of the Deutsche Gesellschaft für Philosophie (DGPhil) to be held from the 24th to the 27th of September 2017 in Berlin.

Potential topics for the Philosophy of Economics section range from the philosophical foundations of economic theories and explanations, via critical analyses of economic structures, the reflection on the relation between economy and society from the perspective of social philosophy, to issues of business ethics and normative questions of economic governance. Potential questions include: Continue reading

CFP: Special Issue on “Ethics in Financial Markets”

Global Finance Journal, Call for Papers

Guest Editor: Hoje Jo, Santa Clara University

In corporate finance and investment practices, corporate social responsibility (CSR), socially responsible investing (SRI), and business ethics have become a crucial part of managerial concerns for firms around the world because the issues of social responsibility, business ethics, sustainability, socially responsible investing, employee relations, workforce diversity, climate change, and the environment have emerged as some of the most important factors for managerial decision making in recent years. However, there has been considerable debate over whether CSR activities can be beneficial for shareholder value.

There are two competing explanations: agency theory and stakeholder value maximization theory. Continue reading

Workshop: “Between ethics and efficiency? The political theory of corporate governance”

When? – December 8th/9th, 2016
Where? – Hochschule für Politik München / Bavarian School of Public Policy, Munich

In political theory, questions about corporate governance have made a comeback in debates about the nature of corporations, the conceptualization of economic power, human rights responsibilities of corporations, and questions about workplace democracy. As recent scandals such as the Global Financial Crisis or VW’s diesel emissions scandal show, wrongdoing by or within business corporations can have wide-ranging consequences for the societies within which they operate. Such events cause not only massive economic harm, but also moral harm, for example by illegitimately infringing on the rights of third parties or by polluting the environment. This interdisciplinary workshop brings together experts from the fields of philosophy, political theory, business ethics and law in order to discuss these themes. The aim is to discuss cutting-edge research (work in progress) from these fields and to explore further possibilities of interdisciplinary inquiry.

Papers for most presentations will be pre-circulated and we will go directly into the discussion. Participation is free, but registration is required (first come, first serve). Abstracts available upon request. Please email lisa.herzog@hfp.tum.de to register. Continue reading

Post-doctoral Fellowship on Crowdfunding

The Centre for European Research in Microfinance (CERMi) is a multilingual, international research centre based in Belgium (www.cermi.eu). CERMi is offering a full time one-year research fellowship on crowdfunding, at the Solvay Brussels School of Economics and Management (SBS-EM), ULB.

Created in 2007, CERMi draws together European researchers in microfinance. Currently, it gathers 9 doctoral students and 2 post-doctoral students working on social finance and a wide international network of more than 30 research associates.

The post-doctoral fellow will work under the supervision of Prof. Marek Hudon, Professor at SBS-EM and in collaboration with Dr. Anaïs Périlleux (UCL). The fellow should start in October 2016. The fellow will be based in Brussels.

For more information, please contact Ms. Anne-Lise Remy at cermi@ulb.ac.be and Prof. Marek Hudon, mhudon@ulb.ac.be Continue reading

NOW OPEN: Four Positions in Financial Ethics

The University of Gothenburg seeks to establish a new research group in practical philosophy dedicated to ethical and political issues raised by the financial system. There is a growing consensus that financial agents and markets are failing to live up to their social responsibilities. The global financial crisis demonstrated how misaligned incentives and poor regulations impose extreme risks on both the financial system itself and society at large. But a more general problem is the seeming inability of financial markets to address the great sustainability challenges of our times, such as global poverty and the threat of climate change.

These overarching issues can be broken down into many subtopics, which in turn raise questions of more general philosophical concern. Possible subtopics include: * the proper objective of private companies and the division of moral labour in society; * the ethics of speculation and gambling; * insider trading and the importance of ‘fair play’ in markets; * the legitimacy of paternalism in dealing with clients; * incentive- versus desert-based views on justice in pay; * the Tobin tax and the legitimacy of international tax regimes; * the role of central banks and the justification of virtual or international currencies; * microfinance and poor people’s right to credit; and * Islamic finance and the moral critique of usury.

A total of four positions are advertised (click on the links to read more): Continue reading

CFP: Intersections of finance and society

Call for papers: Conference on ‘Intersections of finance and society’
To be held on 3-4 November 2016 at City University London, UK
PDF version of the call for papers available here.


Recent years have seen a growth in innovative research on finance across the humanities and social sciences. Following on from the success of the ‘social studies of finance’ approach and the new literature on ‘financialisation’, scholars are taking up the challenge of theorising money and finance beyond the conceptual constraints of orthodox economic theory, with different research agendas emerging under various new monikers. This two-day conference aims to bring these approaches into closer dialogue. In particular, it seeks to identify new synergies between heterodox political economy and various sociological, historical, and philosophical perspectives on the intersections of finance and society.

The conference is organised by the journal Finance and Society (with support from the Department of International Politics at City University London), together with the Social Studies of Finance Network at the University of Sydney (with support from the Faculty of Arts and Social Sciences, University of Sydney).

Confirmed keynotes Continue reading