Having been awarded membership of the Institute for International Political Economy Berlin (IPE) at the Berlin School of Economics and Law has, of course a personal dimension, and looking at the colleagues and also the history of the Institute makes such award a special honour.
The programmatic statement on the website states that the
IPE is concerned with the relation between the economy and political power in a globalised world, and the social implications that this raises.
In this light I see myself as member of the Institute as well as support and general encouragement of a very traditional view on economic issues: they are political questions, they are concerned with the core of what society is about and they are not “standing against the social”, the question has always been and will be “Not ‘how much’ economy, but what kind of economy do we want”?
During a recent presentation I referred to a definition of capitalism by Joe Brewer, reading:
Here is how capitalism actually works — use a legal framework of private ownership to extract value from the labor of others. The end game is a system that hoards wealth, stifles innovation, and ultimately destroys the value created by cooperation among those who seek to do things that cannot be done alone.
Leaving various problematic aspects of Brewer’s view aside, it is a fine formulation of the meaning of law. Isn’t it indeed astonishing in which way law is explicitly used tome injustice the accepted foundation and framework of living together? I find this an interesting thought, which possibility culminates in a statement suggesting that law is ideologically the equivalent to what enclosure of land and primitive accumulation are as foundational act and permanent renewal and extension of the socio-material conditions of exploitation whites the expropriation of the actual worker from his/her product? Isn’t it remarkable in which law is becoming increasingly complex and differentiated, the reflecting – and justifying – the separation not only of the worker from the means of production but also the complex mechanisms of “division of labour” and the segregation of production, consumption, distribution and exchange that find they-to-day expression in the fact that (making Marx’ formulation from the Economic and Philosophical Manuscripts of 1844
The worker … feels himself outside his work, and in his work feels outside himself. He feels at home when he is not working, and when he is working he does not feel at home. His labor is therefore not voluntary, but coerced; it is forced labor. It is therefore not the satisfaction of a need; it is merely a means to satisfy needs external to it.
In the meantime this moved further, IKEA advertising now that you can book the style, though don’t need the location.