RRPE Annual Best Paper Award
Each year, the RRPE editorial board selects the best paper from the among those papers published in the previous volume year. The winner receives a check from Sage. Free access to the full version of the current award-winning paper is available for 60 days on the SAGE website.
2022, volume 54: “A Reformulated Version of Marx’s Theory of Ground Rent Shows That There Cannot Be Any Absolute Rent” by Deepankar Basu, 54 (4): 542–567. This article develops a simple theoretical model to analyze Marx’s theory of ground rent. Using the model, I demonstrate two important results. First, if we take capital outlay as exogenously given, then total ground rent can be decomposed into the three components: differential rent of the first variety (DRI), differential rent of the second variety (DRII), and absolute rent (AR). Second, if we let the amount of capital outlay on each plot of land be determined by the profit-maximizing behavior of capitalist farmers, then absolute rent becomes zero. Neither the low organic composition of capital nor the monopoly power of the class of landlords can generate any absolute rent. I conclude that under reasonable behavioral assumptions about landlords and capitalist farmers, there will be no absolute rent in a capitalist economy.
2021, volume 53: “The EU Emissions Trading System in Crisis-Ridden Greece: Climate under Neoliberalism” by Andriana Vlachou and Georgios Pantelias, 53 (1): 35–57. Neoliberal capitalism has extended the use of markets to address climate and energy issues. Carbon trading characteristically exemplifies the neoliberalization of climate policy. This paper discusses the workings of the European Union’s Emissions Trading System (EU ETS) in the European Union (EU) with a focus on its application in crisis-ridden Greece. Beyond environmental effectiveness and distributional effects, the paper explores the interactions of the EU ETS with crisis, austerity programs, energy poverty, and uneven development. Despite adjustments and changes, the EU ETS continues to indicate limited environmental effectiveness and unjust distributional effects. Moreover, by forging a centralized neoliberal transition to a low-carbon economy without consideration of the issues faced by unevenly developed and crisis-stricken EU members such as Greece, the EU ETS leads to additional disturbances and problems for the Greek economy as a whole, its pauperized working people, and its energy and climate options to reduce emissions on its own potential, needs, and priorities.
2020, volume 52: “The Social Structures of Accumulation and the Labor Movement: A Brief History and a Modest Proposal” by Kimberly Christensen, 52 (3): 487–505. The economic and political crisis of the 1970s undermined the postwar social structures of accumulation (SSA) and gave rise to the current globalized, neoliberal, financialized (GNF) SSA. Under GNF, we have witnessed the explosion of the precariat and the reemergence of simpler forms of labor control characteristic of earlier SSAs. This article discusses the response of the labor movement, broadly defined, to these changes, including the rise of worker centers, worker ownership, campaigns for increased state regulation, and cross-border organizing. Finally, it raises the question of whether the current national labor federation can act as an incubator for the experimentation and structural changes necessary for the labor movement to meet the challenges of the GNF-SSA.
2019, volume 51: “Explaining Privatization Failure: The Vice of Sweet Carrots and Hard Sticks” by Roland Zullo, 51 (1): 111–128. Why does contracting underperform in the production of publicly financed goods? Producers for private markets survive through marketism, defined as the strategic exclusion of segments of a community, whereas producers of publicly financed goods are pressured to be inclusive. Inclusivity is achieved through universalism, an operational mode with three requisites: (1) a workforce with lateral competency to respond to contingencies, (2) interfunction asset sharing and coordination, and (3) an environment that protects professional discretion. Universalism and marketism are divergent strategies, and public-private contracts cannot cost-effectively resolve their incongruities.
2018, volume 50: “Precarious Work in Recession and Growth: A New Structural Feature of Labor Markets in Argentina?” by Ruth Felder and Viviana Patroni, 50 (1): 44–65. Like several other countries in Latin America, after 2003 Argentina took considerable steps to distance itself from the neoliberal policies it had followed for almost 30 years. Yet there have also been critical continuities from the neoliberal era. Our argument is that these continuities manifest themselves most clearly in the nature of economic growth and in the endurance of some of the most troubling trends in labor markets over the last 30 years.
2017, volume 49: “Job Quality Complexities: Self-employment within the Low-income Communities Surrounding Cape Town, South Africa” by Leanne Roncolato and John Willoughby, 49 (1): 30–53. This paper draws on feminist and Marxist traditions to develop a framework for analyzing job quality, which incorporates context, social relations, and power. Job quality among small business owners in low-income communities surrounding Cape Town, South Africa is analyzed using data from semi-structured, time-intensive interviews. The results reveal a complicated story of self-employment being a means of expressing creativity, forming identity and community, while simultaneously being characterized by insecurity and harsh constraints.
2016, volume 48, co-winners:
“Korea’s Post-1997 Restructuring: An Analysis of Capital as Power” by Hyeng-Joon Park, 48 (2): 287–309
“Can Public Policies Bring about the Democratization of the Outsourcing of Household Tasks?” by François-Xavier Devetter, 48 (3): 365–393.
Park: This paper aims to transcend current debates on Korea’s post-1997 restructuring, which rely on a dichotomy between domestic industrial capital and foreign financial capital, by adopting Nitzan and Bichler’s capital-as-power perspective. Based on this approach, the paper analyzes Korea’s recent political economic restructuring as the latest phase in the evolution of capitalist power and its transformative regimes of capital accumulation.
Devetter: For twenty years or so, the outsourcing of household tasks has been considered to be increasing in many countries. In some countries (particularly in France), extensive public policies have been put in place to develop demand and create employment by explicitly seeking to democratize consumption, which still predominantly concerns more affluent households. By using both quantitative and qualitative data, this paper aims to gain a better understanding of the factors of demand for these services and to examine the possibility of bringing the process of democratization to a successful conclusion. Due to the originality of the data used, my approach differs from previous research in two main areas: first, it highlights the lack of democratization of the consumption of these services (among working-age households), and second, it identifies the two forms of inequality underlying their development.
2015, volume 47: “Unproductive Activity and Endogenous Technological Change in a Marxian Model of Economic Reproduction and Growth” by Erik K. Olsen, 47 (1): 34-55. This paper integrates unproductive activity into a Marxist growth model based on Marx’s reproduction schemes. Labor extraction and technological change are related to the production and distribution of surplus and thus are endogenous. Unproductive labor is shown to have potentially contradictory effects. It can squeeze profits and reduce growth or increase work intensity and develop productivity enhancing technological change, which increase profitability and growth. Empirical evidence indicates that both effects occurred in the postwar United States. Marx’s reproduction schemes are also shown to rely on a classical growth dynamic in which the profit and savings rates determine the rate of growth.
2014, volume 46: “Does the State Benefit Labor? A Cross-Country Comparison of the Net Social Wage” by Thanasis Maniatis, 46 (1): 15-34. This article discusses the empirical literature on the net transfer between labor and the state. It also provides international comparisons of the net social wage in the United States and other advanced capitalist economies on a consistent basis. The results indicate that the welfare state in the United States differs significantly in its impact on the income of labor from other advanced capitalist countries. This claim is based on the fact that the net social wage ratio in the United States is much smaller than that of other countries when all are estimated by the same empirical method.
2013, volume 45: “Capitalist Class Agency and the New Deal Order: Against the Notion of a Limited Capital-Labor Accord” by Richard McIntyre and Michael Hillard, 45 (2): 129-148. In the United States the apparent crisis of neoliberalism has called forth nostalgia for the regulated capitalism of the post World War II era. In particular, radical economists’ thinking continues to be influenced by the notion of a “limited postwar capital-labor accord.” But a careful accounting of historial scholarship since the 1980s shows the stylized thinking found in social structures of accumulation (SSA) literature and radical political economy generally to be inaccurate and misleading: inaccurate because it creates an image of a golden age that never was, and misleading in that it suggests a politics of social cooperation rather than worker militancy. In this paper we show that capitalists as a class never accepted anything resembling such an accord.
2012, volume 44: “The Growth of Unproductive Activities, the Rate of Profit, and the Phase-Change of the U.S. Economy” by Dimitris Paitaridis and Lefteris Tsoulfidis, 44 (2): 213-233. This paper by using the categories of productive and unproductive labor and by extending and further elaborating the data series utilized in Shaikh and Tonak (1994) reveals a sharp expansion of the unproductive activities in the U.S. economy during the period 1964-2007. The combination of growing productivity and the stagnant or even falling real wages of productive workers increased the rate of surplus value in the recent decades to unprecedented highs. As a consequence, the general rate of profit from the early 1980s onwards was also rising until the last years of our analysis; meanwhile the net rate of profit remained at levels much lower than those of the 1960s and the slightly rising trend during the post-1980s has been already reversed. The patterns of these crucial variables reveal startling similarities with the onset of the slowdown that started in the mid-to-late 1960s.
2011, volume 43: “Value Theory in an Incomplete Capitalist System: Reprioritizing the Centrality of Social Labor in Marxist Political Economy” by Bill Dunn, 43 (4): 488-505. The centrality of social labor to Marxist epistemology and the need to understand relations between capitalist production, strictly defined, and incompletely marketized forms of work require a relatively broad concept of value. Not simply a theory of price, the utility of the concept of value lies precisely in its ability to mediate between understanding the abstract truths of labor’s centrality to social life and the complex concreteness of the real world economy. The logical necessity and practical utility of the proposed interpretation is illustrated in relation to state and domestic labor.
2010, volume 42: “Water, Health, and the Commodification Debate” by Patrick Bond, 42 (4): 445-464. Conflicts in the water sector are now well-known, and also increasingly researched by economists, particularly in relation to major ideological differences over state-run versus privatized municipal systems. A major dividing line is over how to access and sustain the financing required to expand and maintain municipal grids. In the context especially of third world urban processes, a crucial determinant is whether market-based pricing of water can generate health benefits to justify new capital investments. Such benefits have typically required strong public systems that offer adequate water supply (with sufficient proximity to source) at an affordable price. A variety of financial and fiscal pressures emerged since the 1980s, leaving full cost recovery as the core practice required by international aid agencies, multilateral financiers, and multinational corporations. Those firms were attracted by high potential profits which, ultimately, could not be realized (in part because of currency deterioration and profit repatriation problems), and hence systems were not maintained or expanded, and health benefits not realized. As commodification of water spread during the era of globalization, so too did an international civil society network demanding—and often winning— decommodification of water and deglobalization of water-capital, returning service delivery to local public institutions, often on grounds of improved public health.
2009, volume 41: “Financialization and Changes in the Social Relations along Commodity Chains: The Case of Coffee” by Susan A. Newman, 41 (4): 539-59. Abstract: This article examines distributional implications of the restructuring of international coffee markets that has occurred since the collapse of the International Coffee Agreement in 1989 and market liberalization in coffee producing countries under structural adjustment programs. It is argued that increased financial investment on international commodity exchanges, together with market liberalization, have given rise to opportunities and challenges for actors in the coffee industry. Given the heterogeneity of market actors, these tend to exacerbate inequalities already present in the structure of production and marketing of coffee.
2008, volume 40: “Globalization? No Question! Foreign Direct Investment and Labor Commanded” by Massimo De Angelis (University of East London, Dockland Campus) and David Harvie (University of Leicester), 40 (4): 429-44. Abstract: Skeptics of the globalization thesis argue that most Third World countries are “virtually written off the map” (Hirst and Thompson 1999) in terms of foreign direct investment and trade. The authors reexamine the empirical evidence on international investment, drawing on the concept of labor commanded. Recalculating foreign direct investment flows in terms of labor-commanded hours instead of U.S. dollars, the authors find developing countries to be highly integrated into the global economy.
2007, volume 39: “Saving, Spending, and Self-Control: Cognition versus Consumer Culture” by Martha Starr (American University), 39 (2): 214-229. Abstract: Recent economic literature puts forth “behavioral” perspectives on self-control as a means of understanding oddities of consumer behavior: spending too much, saving too little, borrowing too much on costly credit cards. This article argues that the behavioral emphasis on cognition overlooks the extent to which issues of self-control are framed, elaborated, and sustained as problematics of contemporary consumer culture. As such, they are rooted as much in the social, cultural, and economic dynamics of capitalism as they are in the human mind.