Category Archives: World

The Globalization of Apartheid: South Africa, Europe, World

South Africa recently celebrated twenty years of “democracy” since a Black majority government was formed by the African National Congress (ANC) and its allies in 1994. South Africa has been a central, not a peripheral player in world society for 150 years.  Its inhabitants have long been engaged in the… Read more »

Globalization from below: The world’s other economy (New Preface)

New Preface to Carlos Alba Vega and Gustavo Lins Ribeiro editors Globalization from Below: The world’s other economy (Spanish edition, Mexico City, 2015) Contents: 1. The great transformation 2. Globalization from above 3. Globalization from below (and above) 4. The informal economy has taken over the world 5. The digital… Read more »

Europe is the main and permanent loser in this world crisis

Europe is likely to be the main and permanent loser in the current world crisis. It is once again the focus of world attention; and its current plight has implications for all humanity. The European Union holds parliamentary elections later this month. These are generally considered to be much less… Read more »

Money and finance: For an anthropology of globalization

Keith Hart (London School of Economics and University of Pretoria) and Horacio Ortiz (Centre de Sociologie de l’Innovation, Paris) There is much talk today of a financial and economic crisis comparable to the 1930s. With the threat of a currency war and the euro’s collapse looming, the specter of the… Read more »

How the informal economy took over the world

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“The informalization of the world economy”, keynote lecture for the 24th Conference of the Societa’ Italiana di Economia Pubblica: “Informal economy, tax evasion and corruption”, Pavia, 24-25 September 2012 A la recherche du temps perdu The idea of an informal economy was born at the moment when the post-war era… Read more »

In Rousseau’s footsteps: David Graeber and the anthropology of unequal society

A review of David Graeber Debt: The first 5,000 years (Melville House, New York, 2011, 534 pages) Debt is everywhere today. What is “sovereign debt” and why must Greece pay up, but not the United States? Who decides that the national debt will be repaid through austerity programmes rather than… Read more »

Money in the making of world society: lessons from the euro crisis

Europe in the global economic crisis I have been writing about the euro for a decade (Hart 2002, 2007a, 2012), always from a critical perspective, since I have long believed that a single currency cannot address the needs of a large and diverse region. Moreover, the European Union’s ambition to… Read more »

The collapse of national capitalism: a Sophoclean tragedy

The global economic crisis is not merely financial, a moment in the historical cycle of credit and debt. The removal of political controls over money in recent decades has led to a situation where politics is still mainly national, but the money circuit is global and lawless. Events since 2008… Read more »