Adam Smith, Settler Colonialism, and Limits of Liberal Anti-Imperialism

Recent scholarship has claimed Adam Smith’s frontal attack on the mercantile system as a precocious expression of liberal anti-imperialism. This article argues that settler colonialism in North America represented an important exception and limit to Smith’s anti-imperial commitments. Smith spared agrarian settler colonies from his invective against other imperial practices like chattel slavery and trade monopolies because of the colonies’ evidentiary significance for his “system of natural liberty.” Smith’s embrace of settler colonies involved him in an ideological conundrum insofar as the prosperity of these settlements rested on imperial expansion and seizure of land from Native Americans. Smith navigated this problem by, first, predicating colonial “injustice” on conquest, slavery, and destruction and, second, describing American land as res nullius. Together, these conceptual definitions made it possible to imagine settler colonies as originating in nonviolent acts of “occupation without conquest” and embodying “commerce without empire.

Essays on applied macroeconomics

Cataloged from PDF version of article.This study contains three studies, the relationship between FED intervention and emerging markets, the effect of S&P500 return on Istanbul Stock Exchange and the connection between Turkish industrial production growth and the success of Beşiktaş. The second chapter analyzes the effect of FED intervention on emerging markets with using event-study analysis. Considering Emerging Market Bond Index (EMBI) and grouping the effect under five different categories, the effect of FED intervention on emerging markets are shown. The third chapter assesses the effect of S&P500 return on the Istanbul Stock Exchange within a dynamic framework. In order to capture the effect, we build a block recursive VAR model allowing that S&P500 affects the ISE returns with its current and lag values but not vice versa. The estimates from daily data suggest that returns on S&P500 affect ISE return positively up to 4 days. The fourth chapter investigates the connection between Turkish industrial production growth and the success of Beşiktaş, which is a popular Turkish soccer team. The empirical evidence provided in the paper suggests that industrial production growth tends to increase with the success of Beşiktaş in European cups. Moreover, if the winnings are in displacement, the increase in industrial production is higher than if the winnings are in the home field. On the other hand, findings on the effects of domestic games on industrial performance are not statistically significant.İnce, OnurM.S

Pandemics and Domestic Violence during Covid-19

The year 2020 met us with the COVID-19 pandemic. The covid-19 pandemic has gone past a mere health challenge. Its effect can be felt in the economy and society in general. Women form a large chunk of the response efforts geared at flattening the curve of the COVID-19 scourge. As the first point of contact, caregivers, medical personnel, volunteers, logistics facilitators, researchers and scientists and other professionals critical to the fight against the virus, women are making profound contributions in the fight against the spread of the outbreak. Most of the caregivers found in our homes and communities today are women. Furthermore, women stand a higher risk of infection and loss of their sources of livelihood, and as the outbreak continues to spread, there is all likelihood that they may not be able to access programs vital to their reproductive and sexual health. There is also a rise in cases of domestic violence against women in this crisis period. This study will be exploring a wide range of literature about pandemics that have happened in the past and previous public health emergencies and crisis, to enable it to ascertain patterns by which pandemics can further heighten the different kinds of violence against women. Evidence gathered from this study will be used to make recommendations to governments, civil society organizations, community-based agencies, and international donor agencies to help make women and children’s health priority, keeping them safe and preparing them adequately for another possible pandemic.The year 2020 met us with the COVID-19 pandemic. The covid-19 pandemic has gone past a mere health challenge. Its effect can be felt in the economy and society in general. Women form a large chunk of the response efforts geared at flattening the curve of the COVID-19 scourge. As the first point of contact, caregivers, medical personnel, volunteers, logistics facilitators, researchers and scientists and other professionals critical to the fight against the virus, women are making profound contributions in the fight against the spread of the outbreak. Most of the caregivers found in our homes and communities today are women. Furthermore, women stand a higher risk of infection and loss of their sources of livelihood, and as the outbreak continues to spread, there is all likelihood that they may not be able to access programs vital to their reproductive and sexual health. There is also a rise in cases of domestic violence against women in this crisis period. This study will be exploring a wide range of literature about pandemics that have happened in the past and previous public health emergencies and crisis, to enable it to ascertain patterns by which pandemics can further heighten the different kinds of violence against women. Evidence gathered from this study will be used to make recommendations to governments, civil society organizations, community-based agencies, and international donor agencies to help make women and children’s health priority, keeping them safe and preparing them adequately for another possible pandemic

Bringing the Economy Back In: Hannah Arendt, Karl Marx, and the Politics of Capitalism

This article engages with the question of how to construct modern economic relations as an object of political theorizing by placing Hannah Arendt’s and Karl Marx’s writings in critical conversation. I contend that the political aspect of capitalism comes into sharpest relief less in relations of economic exploitation than in moments of expropriation that produce and reproduce the conditions of capitalist accumulation. To develop a theoretical handle on expropriation and thereby on the politics of capitalism, I syncretically draw on Marxian and Arendtian concepts by first examining expropriation through the Marxian analytic of “primitive accumulation of capital” and second delineating the political agency behind primitive accumulation through the Arendtian notion of “power.” I substantiate these connections around colonial histories of primitive accumulation wherein expropriation emerges as a terrain of political contestation. From this perspective I conclude that such putatively “economic” questions as dispossession, exploitation, and accumulation appear as irreducibly political questions

Saving Capitalism from Empire: Uses of Colonial History in New Institutional Economics

This article contributes to theorising colonialism and capitalism within the same analytic frame through a critical engagement with the uses of colonial history in new institutional economics (NIE). The ‘colonial turn’ in NIE holds significant diagnostic value because although it incorporates colonialism into its account of the ‘great divergence’, it maintains a liberal conception of capitalism predicated on private property, competitive markets, and the rule of law. It is argued that NIE achieves this effect by admitting colonialism into its history of capitalism while excluding it from its theory of capitalism. By filtering colonialism through the dichotomy between ‘inclusive’ and ‘extractive’ institutions, NIE upholds the categorical association of capitalist growth with inclusive institutions. Drawing on critical theories of political economy, the article shows the limits of the NIE framework by identifying forms of colonial capitalism that do not resolve into a stylised opposition between inclusion and extraction. Colonial slavery, commercial imperialism, and settler colonialism strain the inclusive/extractive binary by highlighting (1) the interdependence of inclusive and extractive institutions in imperial networks accumulation, and (2) the violent expropriations at the origins of inclusive institutions, above all private property. Proposing to view NIE’s critique of colonialism as a ‘liberal critique of capitalist unevenness’, the article concludes on broader questions about inclusion and exclusion under ‘actually existing capitalism’