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Confronting 9-11, Ideologies Of Race, And Eminent Economists


  • Paul Zarembka
    (State University of New York at Buffalo)


[Part I] Confronting 9-11, the first chapter draws upon a Hegelian-Marxist concept of concrete evil, connecting malevolence to ruling elites, while additionally addressing sub-surface political forces. It is followed by 'deep political' analysis of drugs, in addition to oil, as controlling factors of U. S. wars. Both chapters focus around Afghanistan. [Part II] Commonalties of race ideologies in capitalist contexts are next examined by connecting them to capitalist societies' goals and strategies. Haiti and South Africa are case studies. [Part III] Estimates for U.S. value and surplus value are undertaken and related to GDP. Implications are drawn for the distribution of value, use value and social labor. The model permits simulation and sensitivity analysis, with links provided to a careful implementation. [Part IV] Four chapters deal critically with writings of major economists. The first shows that Keynes, while rejecting invisible hand mechanisms, assigned to the educated bourgeoisie the role of overcoming the pathologies of capitalism. The second investigates evidence of plagiarism in Keynes, showing that he appropriated Gesell's insights into the nature of money and interest but in a manner to help preserve capitalism. Moving to overcome limited attention by Marxists to Ricardo's comparative advantage theory, the next chapter assesses the work of Shaikh and Hudson, concluding consistent with the overriding role of exploitation in production. The final chapter compares Bentham's "panopticon" (an institution of confinement, surveillance and extraction of labor) to Hayek's market order conceptualization, and shows that both are disciplinary regimes.

Suggested Citation

  • Paul Zarembka (ed.), 2002. "Confronting 9-11, Ideologies Of Race, And Eminent Economists," RESEARCH IN POLITICAL ECONOMY, Paul Zarembka, volume 20, number volm20a, April.
  • Handle: RePEc:rpe:volume:volm20a

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    More about this item


    September 11; war; drugs; deep politics; racism; GDP; surplus value; Keynes; Gisell; comparative advantage; Ricardo; Hayek; Bentham;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian


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