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University of Massachusetts Amherst

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Full-Text Articles in Economic Theory

Three Essays On The Political Economy Of Cultural Production And Creative Labor, Luke Pretz Oct 2022

Three Essays On The Political Economy Of Cultural Production And Creative Labor, Luke Pretz

Doctoral Dissertations

This dissertation investigates the relationships between capital, cultural production, and creative labor. Essay one theorizes the basis for the intensification of pop music stardom following the introduction of on-demand streaming technology. Prior to the emergence of on-demand streaming, record labels and broadcasters had a mutualistic relationship, wherein the near cost-free music provided by record labels formed the basis for radio broadcasts, which in turn formed the basis for the consumption of that music. Following the emergence of on-demand streaming the mutualistic relationship was ruptured. Broadcasters, in the form of streaming platforms, transitioned to the cost-efficient cultivation of masses of highly …


An Economy Of Care: George Eliot's Middlemarch And Feminist Care Ethics, Madison V. Newman Jun 2022

An Economy Of Care: George Eliot's Middlemarch And Feminist Care Ethics, Madison V. Newman

Masters Theses

This thesis assesses the centrality of care relationships in George Eliot’s Middlemarch and, by doing so, seeks to provide a nuanced understanding of individual and collective morality. Using the ethics of care as a methodological framework to acknowledge the importance of care acts and successful care relations – especially those complicated by the presence of dichotomized socioeconomic hierarchies – will allow readers to engage more fully with this text, its author, her relations, her characters, and the community of readers; reading Eliot’s work from this lens will allow us to validate every interaction, every thread of connectedness, and every act …


Understanding China’S Discourse On South-South Cooperation And China-Africa Higher Education Exchange: A Field Research Study At Zhejiang Normal University’S China-Africa International Business School, Yi Sun Oct 2019

Understanding China’S Discourse On South-South Cooperation And China-Africa Higher Education Exchange: A Field Research Study At Zhejiang Normal University’S China-Africa International Business School, Yi Sun

Doctoral Dissertations

This dissertation research attempts to distinguish China’s model from that of the traditional North-South relationship, with a focus on how China’s philosophy articulates its foreign policy and the nation’s higher education engagement with African countries. It examines the China-Africa higher education partnership in response to China’s discourse on South-South Cooperation (SSC), Africa’s human resource flows, and the benefits and constraints of current China-Africa cooperation. In order to achieve these goals, the dissertation uses one of the China-Africa partnership universities in China, Zhejiang Normal University (ZJNU) as a site for its field research. The fieldwork looks at both a student level …


The Environmental Kuznets Curve Hypothesis As A Problematic: Beyond "Falsificationism", Paul Erb Oct 2018

The Environmental Kuznets Curve Hypothesis As A Problematic: Beyond "Falsificationism", Paul Erb

Masters Theses

Halfway into its third decade, the debate surrounding the environmental Kuznets curve (EKC) hypothesis has stalled with political economists and socio-ecologists ascendant and modernization theorists scrambling to give their apparently moribund perspective new life. But beyond the rise and fall of the EKC, there remains a second-order question and decades of data: how do the theoretical perspectives of these contenders shape what their protagonists do and don't see? How have they mistaken episodes of "talking past each other" for genuine dialogue? Which perspective has had the biggest impact on the other’s way of thinking? A qualitative and quantitative analysis compares …


Free Market Authoritarianism And The Election Of Donald Trump, Sarah Tanzi Jul 2018

Free Market Authoritarianism And The Election Of Donald Trump, Sarah Tanzi

Doctoral Dissertations

The 2016 Presidential Election of Donald Trump was unexpected by most mainstream media, political, and academic analysts. In this dissertation, I use a combination of historical analysis of economic data, polling statistics, and discourse analysis to understand Donald Trump’s rise in its historical and political context. I argue that the election of Donald Trump did not indicate a dramatic sea change in political culture, but a continuation of a decades-long process. The path to Trump’s election was laid out in structural changes in our economic, political, and cultural landscape. I argue that the coalescence of right-wing factions that brought Trump …


Three Essays On The Theory Of Environmental Regulation: Hybrid Price And Quantity Policies And Regulation In The Presence Of Co-Pollutants, Insung Son Nov 2017

Three Essays On The Theory Of Environmental Regulation: Hybrid Price And Quantity Policies And Regulation In The Presence Of Co-Pollutants, Insung Son

Doctoral Dissertations

This dissertation contains three original essays in the economic theory of environmental regulation. The main motivations for this work are two problems: the design of greenhouse gas (GHG) policies when emissions of these gases interact with so-called co-pollutants and the design of hybrid price and quantity policies to deal with the uncertainty in the benefits and costs of controlling GHG emissions. Abstract Concerns about how best to control GHGs have generated intense interest in the co-benefits and adverse side-effects of climate policies. Efforts to reduce CO2 emissions can reduce emissions of flow pollutants that are emitted along with CO …


Master's Tools And The Master's House: A Historical Analysis Exploring The Myth Of Educating For Democracy In The United States, Timothy Scott Mar 2017

Master's Tools And The Master's House: A Historical Analysis Exploring The Myth Of Educating For Democracy In The United States, Timothy Scott

Doctoral Dissertations

Over the past forty-years, neoliberal education reform policies in the U.S. have spurred significant resistance, often galvanized by claims that such policies undermine public education as a vital institution of U.S. democracy. Within this narrative, many activists call to “save our schools” and return them to a time when public schools served the common good. With these narratives in mind, I explore the foundational and persistent power structures that characterize the U.S. as a means to reveal the fundamental purpose of its public education system. The questions that guide my research include: (1) With an understanding that capitalism, white supremacy, …


Three Essays On The Macroeconomic Impacts Of Rent Seeking, Kurt Von Seekamm Nov 2016

Three Essays On The Macroeconomic Impacts Of Rent Seeking, Kurt Von Seekamm

Doctoral Dissertations

Chapter 1 of this dissertation focuses on the political economy of rent seeking. Using trading in financial markets, patent litigation and managerial privilege as descriptive examples from the modern economy, it identifies situations where rent seeking opportunities occur. The challenge of correctly distinguishing between productive activities and rent seeking activities demonstrate the empirical challenges of examining rent seeking. This chapter also suggests that in addition to the opportunity cost of physical capital, modern rent seeking has a significant opportunity cost in the form of the misallocation of human capital. Chapter 2 explores the relationship between increased rent seeking, aggregate demand, …


Three Essays On Macroeconomic Implications Of Contemporary Financial Intermediation, Hyun Woong Park Nov 2015

Three Essays On Macroeconomic Implications Of Contemporary Financial Intermediation, Hyun Woong Park

Doctoral Dissertations

This dissertation contributes to the growing literature on macroeconomic models with a financial intermediary sector. The first two chapters use the circuit of capital modeling methodology to study the relation between growth and profitability in capitalist economy where credit is essential, and the third uses a more standard macrodynamic model to investigate how securitized banking, which relies on short-term collateralized borrowing, as opposed to traditional commercial banking, generates procyclical bank leverage, which in turn leads to supply-led fluctuation in credits and ultimately to a boom-bust cycle of asset prices. In chapter 1, I extend the baseline model of circuit of …


Productive Stagnation And Unproductive Accumulation In The United States, 1947-2011., Tomas N. Rotta Nov 2014

Productive Stagnation And Unproductive Accumulation In The United States, 1947-2011., Tomas N. Rotta

Doctoral Dissertations

My doctoral research addresses the question of how productive and unproductive forms of capital accumulation interact in the United States. My contribution is to first develop a new understanding of the labor theory of value in order to better explain how financial and rentier forms of revenues relate to the wealth created in productive activities. Second, I offer an innovative analysis of historical trends regarding unproductive accumulation in the postwar United States economy. For that purpose, I propose a new methodology to estimate Marxist categories from conventional input-output matrices, national income accounts, and employment data. A core feature of my …


Solving The "Coffee Paradox": Understanding Ethiopia's Coffee Cooperatives Through Elinor Ostrom's Theory Of The Commons, Susan Ruth Holmberg May 2011

Solving The "Coffee Paradox": Understanding Ethiopia's Coffee Cooperatives Through Elinor Ostrom's Theory Of The Commons, Susan Ruth Holmberg

Open Access Dissertations

This dissertation evaluates the applicability of Elinor Ostrom’s theory of the commons to other forms of collective action by mapping it on a case study of the Oromia Coffee Farmers Cooperative Union in Ethiopia and its efforts to overcome the vast disparities that have long structured the global coffee commodity chain (the “Coffee Paradox”). The conclusions I draw are the following. While Ostrom’s theory has serious omissions, it also sheds much needed light on the struggles of Ethiopia’s coffee farmers to overcome their poverty. Both the design principles that Ostrom identifies for governance rules and her list of predictors for …


Three Essays On Conflict And Cooperation, Sungha Hwang May 2009

Three Essays On Conflict And Cooperation, Sungha Hwang

Open Access Dissertations

Conflict theory has in recent years found important applications and made contributions in fields such as economics, political sciences and evolutionary biology. Economists have examined various aspects and implications of appropriation, a typical example of conflicting economic interests, in rent-seeking models. Political scientists, focusing on political turmoil such as war, civil war and demonstration, have scrutinized the effects of conflictual outcomes on political transitions and political systems. More importantly, early human lethal conflict is being recognized as a key factor in explaining human cooperation in evolutionary biology. The first essay concerns the technical aspects of conflict theories. Two well-known forms …


Post-Marxism After Althusser: A Critique Of The Alternatives, Ceren Ozselcuk Feb 2009

Post-Marxism After Althusser: A Critique Of The Alternatives, Ceren Ozselcuk

Doctoral Dissertations 1896 - February 2014

This dissertation provides a particular Marxian class analytical political economy critique of post-Marxism. The dissertation demonstrates the ways in which different positions within post-Marxism continue to essentialize the conceptualizations of class and capitalist economy. What distinguishes this dissertation from other dominant critiques of post-Marxism is the anti-essentialist epistemological and ontological position it adopts. By adopting an anti-essentialist epistemological position the dissertation is able to demonstrate the discontinuities and continuities between post-Marxism and the Marxian tradition. The dissertation does this by reading the heterogeneous and disparate post-Marxian approaches as so many different ways to "resolve" the central tension of the Althusserian …