In recent years, scholars in the social sciences and humanities have turned their attention to how the rise of digital technologies is reshaping political life in contemporary society. Here, we analyze this issue by distinguishing between two classification technologies typical of pre-digital and digital eras that differently constitute the relationship between individuals and groups. In class-based systems, characteristic of the pre-digital era, one’s status as an individual is gained through membership in a group in which salient social identities are shared (...) in common with other group members. In attribute-based systems, characteristic of the digital era, one’s status as an individual is determined by virtue of possession of a set of attributes that need not be shared with others. We argue that differences between these two types of classification technologies have important implications for how persons attach (or fail to attach) to groups, and therefore what kinds of political mobilization are possible. We illustrate this argument by examining contention over the use of gender as a variable in the pricing of risk in insurance and credit – two markets in which individuals directly encounter class-based and attribute-based systems of classification, respectively. (shrink)

Erik Olin Wright’s scholarship is often considered to be formed by two entirely disjoint projects represented by his early work on class analysis and his later writings on “real utopias.” This essay uses Michael Burawoy’s recent formulation of the “two Marxisms” thesis as a foil to argue for the continuities rather than discontinuities in the body of work produced by Wright. More particularly, the critical spirit of the real utopias project infused Wright’s work on class analysis from its inception. It (...) is further argued that the limitations Wright encountered in realizing those critical aims directly seeded the search in his later work for institutional design principles and an explicit articulation of normative values that could undergird alternatives to capitalism. (shrink)

This article examines the organizational prerequisites of competitive labor markets through an account of the restructuring of Mexico's export tomato industry in the 1980s and 1990s. Agricultural labor markets are typically taken as paradigm cases of competitive labor markets, the closest real-world approximation to the spot market of economic theory. Yet, this case demonstrates that such markets are deeply structured through the activities of producer associations and the state, suggesting that disorganization in a labor market can only be sustained through (...) organization. (shrink)

This article explores the implications of the Federal Reserve’s shift to transparency for recent debates about neoliberalism and neoliberal policymaking. I argue that the evolution of US monetary policy represents a specific instance of what I term the “neoliberal dilemma.” In the context of generally deteriorating economic conditions, policymakers are anxious to escape responsibility for economic outcomes, and yet markets require regulation to function in capitalist economies (Polanyi 2001). How policymakers negotiate these contradictory imperatives involves a continual process of institutional (...) innovation in which functions are transferred to markets, but under the close control of the state. Thus, under transparency, Federal Reserve officials discovered innovations in the policy process that enabled “markets to do the Fed’s work for it.” These innovations enlisted market mechanisms, but did not represent a retreat from the state’s active role in managing the economy. (shrink)