Engaging students in the WEA Online Conference on CAPITAL and JUSTICE


The WEA Online Conferences format, designed by Edward Fullbrook and Grazia Ietto-Gillies, makes full use of the digital technologies in the pursuit of the commitments included in the World Economics Association Manifesto: plurality, competence, reality and relevance, diversity, openness, outreach, ethical conduct, and global democracy. The WEA On-line Conferences seek to also engage graduate and undergraduate students considering: (a) the variety of theoretical perspectives; (b) the range of human activities and issues which fall within the broad domain of economics; and (c) the study of the world’s diverse economies.

The current conference is CAPITAL ACCUMULATION, PRODUCTION AND EMPLOYMENT: Can We Bend the Arc of Global Capital Toward Justice?  It is being led by distinguished professors Gerson Lima and Jack Reardon. This conference focuses on various aspects of global accumulation, production and employment from a broader perspective of examining their interlinkages with other economic, social, and political processes. Concerns with social inclusion extend well beyond purely economic account of justice and fairness, since the degree of economic inequality also affects social cohesion and political stability, and can also have negative implications for economic growth and democratic institutions. Considering the current social and economic challenges, Peter Radford has suggested the need to constrain capital and make it work for all people. In his own words: ‘We can bend the arc of capitalism to our will if we wish”.

In truth, this conference calls for a deep examination of current power, politics and economics in a social context where democratic institutions are being threatened. This attempt also involves critical thinking of theories of justice in light of applied challenges: What kind of justice should we bend the arc of global capital to? What are justice conditions and criteria, given the concern about capital accumulation, employment, and production?

The conference is organized into 4 “sessions”, broadly covering the following themes:I 

I. Finance, investment and production

II. Investment trends and the competition among countries for busines

III. Challenges to working conditions

IV. Economics and democracy


The Discussion Forum is now open. Submit your comments: http://capital2016.weaconferences.net/papers/

SESSION I Finance, investment, production and employment

  1. Global business models and labor challenges
    Maria Alejandra Caporale Madi
  2. The tendency of effective demand to lag behind the supply of full employment
    Arturo Hermann
  3. Late Marx and the Conception of ‘Accumulation of Capital’
    Paul Zarembka
  4. Money: a social contract or an “invisible hand” of inverted totalitarianism?
    Raymond Aitken

SESSION II Global trends: economic dynamics and sovereignty

  1. Global Dynamic Efficiency (Towards a Long-Term Strategy)
    Stephen I. Ternyik
  2. Monopoly Capital and Growth
    Kieran Crilly
  3. Capital, Nationality, and State Sovereignty: New Links for the 21st Century
    Marc Morgan-Milá
  4. The Other Half of Macroeconomics and Three Stages of Economic Development
    Richard C. Koo
  5. Identifying the determinants of secular stagnation after the Great Recession: Learning from Hansen´s historical approaches and Harrod´s model along 1938-1952.
    Adrián de León-Arias

SESSION III. Working conditions and social problems: challenges and perspectives

  1. Employment in a Just Economy
    John Komlos
  2. Economic Solutions for the Social Problems of Mass Migration, Persistent Alienation and Wanton Terrorism
    Steven H. Kim
  3. Can We Bend the Arc of Global Capital toward Justice by Investment in Human Capital?
    Arnold Packer
  4. The Role of Human Capital Resource in the East African Economic Growth
    Worku R. Urgaia
  5. Evolving Wealth Inequality in Kerala: Mapping the Winners and Losers
    R. Yadu and Satheesha 

SESSION IV Economics and democracy

  1. Real World Non-Equilibrating Supply and Demand Theory
    Gerson P. Lima
  2. Economic power, employment and economic theory
    Rubens R. Sawaya
  3. Elite appropriation of economics – the case for (r)evolutionary political economy
    Deniz Kellecioglu
  4. The British Labour Party and the ‘New Economics’
    Lyn Eynon



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: