Norman Geras's research while affiliated with The University of Manchester and other places

Publications (4)

Chapter
This chapter presents the central argument of the book, jointly written by Mark Harvey and Norman Geras. It develops a systematic critique of Marx’s foundational theory of class division and inequality, the Labour Theory of Value. It presents an alternative, neo-Polanyian, framework for analysing inequalities and how they are generated at different...
Book
This book arose out of a friendship between a political philosopher and an economic sociologist, and their recognition of an urgent political need to address the extreme inequalities of wealth and power in contemporary societies. The book provides a new analysis of what generates inequalities in rights to income, property and public goods in contem...

Citations

... However, even in periods of relative disembedding when protective regulations are withdrawn or their scope confined, capitalism remains an 'instituted economic process' (Harvey & Geras, 2018), in which the legal system, along with other manifestations of state power including the fiscal regime, shapes the operation of markets. As Harvey (2018) suggests, Britain's experience of industrialisation was one in which "the historical and political development of legal, fiscal and welfare instruments, along with changes in economic organisation, co-constituted the exchange between labour and capital in a complex process of institutional change" (p. 98). ...