481 research outputs found
Transcriptome pathways unique to dehydration tolerant relatives of modern wheat
Among abiotic stressors, drought is a major factor responsible for dramatic yield loss in agriculture. In order to reveal differences in global expression profiles of drought tolerant and sensitive wild emmer wheat genotypes, a previously deployed shock-like dehydration process was utilized to compare transcriptomes at two time points in root and leaf tissues using the Affymetrix GeneChip(R) Wheat Genome Array hybridization. The comparison of transcriptomes reveal several unique genes or expression patterns such as differential usage of IP(3)-dependent signal transduction pathways, ethylene- and abscisic acid (ABA)-dependent signaling, and preferential or faster induction of ABA-dependent transcription factors by the tolerant genotype that distinguish contrasting genotypes indicative of distinctive stress response pathways. The data also show that wild emmer wheat is capable of engaging known drought stress responsive mechanisms. The global comparison of transcriptomes in the absence of and after dehydration underlined the gene networks especially in root tissues that may have been lost in the selection processes generating modern bread wheats
Is More Mittelstand the Answer? Firm Size and the Crisis of Democratic Capitalism
Corporate concentration is currently being discussed as a core reason for the crisis of democratic capitalism. It is seen as a prime mover for wage stagnation and alienation, economic inequalities and discontent with democracy. A tacit coalition of progressive anti-monopoly critiques and small business promoters considers more deconcentrated corporate structures to be a panacea for the crisis of democratic capitalism, arguing that small firms in competition are better for employment, equality and democracy. This paper offers a brief outline of ideas of the anti-monopoly and small business ideal and critically evaluates whether a more deconcentrated economy may live up to the promises. While we agree that the plea for strengthened antitrust enforcement contains relevant and promising prospects for reform, our analysis concludes on a decidedly critical note. In particular, we caution against romanticized notions of the small capitalist firm
Rival Views of Economic Competition
Competition is a constitutive feature of capitalist societies. Social conflicts over the introduction, abolition and regulation of market organization are saturated with implicit moral arguments concerning the desirability of competition. Yet, unlike private property, exchange relations and social inequalities, economic competition has rarely been the explicit core of moral debates over capitalism. Drawing on a broad variety of social science literature, this article reconstructs, maps and systematizes ethical arguments about economic competition in capitalist societies. We discuss six contradictory rival views of economic competition and illustrate their influence by providing historical examples of the respective views in action in political-economic debates. This article serves as a mapping groundwork for reviving the systematic ethical debate on economic competition. In addition, our map of rival views lends itself to use as a structuring tool in empirical research on the moral economy and ideational embeddedness of capitalist societies, markets and firms.1. Introduction 2. Economic competition - systematizing the debate 3. Exploring the competition debate empirically 4. Discussion - Social context and the structure of the debate 5. Conclusion Footnotes Reference
Firm Foundations: The Statistical Footprint of Multinational Corporations as a Problem for Political Economy
The discipline of comparative political economy (CPE) relies heavily on aggregate, country-level economic indicators. However, the practices of multinational corporations have increasingly undermined this approach to measurement. The problem of indicator drift is well documented by a growing critical literature and calls for systematic methodological attention in CPE. We present the case for a rocky but ultimately rewarding middle road between indicator fatalism and indicator faith. We illustrate our argument by examining two important cases—Sweden’s recent export success and the financialization of non-financial corporations in France. A careful parsing of the data suggests corrections to common characterizations of the two cases. Swedish exports have been reshaped by intragroup trade among foreign subsidiaries of domestic corporations. The growth of financial assets held by French firms is attributable to the growth of foreign direct investment and to cumulative revaluation effects, while what remains of financialization is concentrated among the very largest firms. Based on these findings, we propose a methodological routine that parses data by zooming in on the qualitative specifics of countries, sectors, and firms, while using all available options for disaggregation.Introduction The problems with measuring “the economy” Growth models, export indicators, and the globalization of production Not so financialized after all? Firm financialization in France Methodological ways forward: Zoom in and disaggregate Conclusion Notes Reference
Firm Foundations: The Statistical Footprint of Multinational Corporations as a Problem for Political Economy
The discipline of comparative political economy (CPE) relies heavily on aggregate, country-level economic indicators. However, the practices of multinational corporations have increasingly undermined this approach to measurement. The problem of indicator drift is well-documented by a growing critical literature and calls for systematic methodological attention in CPE. We present the case for a rocky but ultimately rewarding middle road between indicator fatalism and indicator faith. We illustrate our argument by examining two important cases – Sweden’s recent export success and the financialization of non-financial corporations in France. A careful parsing of the data suggests corrections to common characterizations of the two cases. Swedish exports have been reshaped by intragroup trade among foreign subsidiaries of domestic corporations. The growth of financial assets held by French firms is attributable to the growth of foreign direct investment and to cumulative revaluation effects, while what remains of financialization is concentrated among the very largest firms. Based on these findings, we propose a methodological routine that parses data by zooming in on the qualitative specifics of countries, sectors, and firms, while using all available options for disaggregation.Die vergleichende politische Ökonomie (CPE) stützt sich in hohem Maße auf aggregierte, ländervergleichende Wirtschaftsindikatoren. Die Praktiken multinationaler Unternehmen haben diesen Ansatz jedoch zunehmend unterminiert. Das Problem abdriftender Indikatoren wird durch eine wachsende kritische Literatur gut dokumentiert und erfordert eine systematische methodische Antwort. Wir plädieren für einen Mittelweg zwischen Indikator-Fatalismus und Indikator-Glauben und veranschaulichen unser Argument anhand von zwei wichtigen Fällen – Schwedens jüngstem Exporterfolg und der Finanzialisierung von nichtfinanziellen Unternehmen in Frankreich. Eine sorgfältige Analyse der Daten zeigt, dass der Handel zwischen ausländischen Tochtergesellschaften inländischer Unternehmen die schwedische Exportstatistik prägt und dass das Wachstum der von französischen Unternehmen gehaltenen Finanzaktiva auf ausländische Direktinvestitionen und kumulative Bewertungseffekte zurückzuführen und außerdem auf multinationale Großunternehmen konzentriert ist. Methodisch schlagen wir die routinemäßige Rückbindung vergleichender Analysen an die qualitativen Besonderheiten von Ländern, Sektoren und Unternehmen vor sowie eine verstärkte Nutzung verfügbarer Möglichkeiten zur Disaggregation.Contents 1 Introduction 2 The problems with measuring “the economy” Indicator critique in neighboring fields Four major fields of indicator problems 3 Growth models, export indicators, and the globalization of production Macroeconomic pattern recognition in the growth model literature The rise of merchanting in Sweden’s trade data The growth of merchanting as a problem for data legibility The decreasing value of derived indicators 4 Not so financialized after all? Firm financialization in France Disaggregating financial assets: components, valuation, concentration Financial income: From gross to net 5 Methodological ways forward: Zoom in and disaggregate 6 Conclusion Reference
Der Mittelstand als Retter des demokratischen Kapitalismus?
Kleine und mittelgroße Unternehmen gelten als agiler, menschlicher und rundherum sauberer als ihre größeren Pendants – und ihre Unterstützung somit als breit akzeptiertes Allheilmittel für die Lösung spätkapitalistischer gesellschaftlicher Probleme. Mit der Realität hat das allerdings nicht viel zu tun
[Book Review] On Vili Lehdonvirta’s "Cloud Empires: How Digital Platforms Are Overtaking the State and How We Can Regain Control" (Cambridge, MA: MIT Press, 2022)
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