Author Archives: Giorgio Bertini

About Giorgio Bertini

Director at Learning Change Project - Research on society, culture, art, neuroscience, cognition, critical thinking, intelligence, creativity, autopoiesis, self-organization, rhizomes, complexity, systems, networks, leadership, sustainability, thinkers, futures ++

Insane Inequality

Income inequality continues to grow in the United States—which represents the very definition of insanity: “doing the same thing over and over again and expecting different results. According to recent data by Thomas Piketty, Emmanuel Saez, and Gabriel Zucman, from … Continue reading

Posted in Income, Inequality | Tagged ,

Right-Wing Extremism 2.0 – Racism, Nationalism and Right-Wing Extremism Online

We live in times, where politics to a certain extent takes place online and on social media. Every political campaign today makes use of at least Twitter, Facebook and YouTube. In the new study “Racism, Nationalism and Right-Wing Extremism Online: … Continue reading

Posted in Politics, Politics 2.0 | Tagged ,

The Making of an Atlantic Ruling Class

This study investigates the process of capitalist class formation in the North Atlantic area in the period between the launch of Woodrow Wilson’s ‘Crusade for Democracy’ in 1917 and the world economic crisis of 1974-75. The crisis, from which capitalism … Continue reading

Posted in Capitalism, Class, Ruling class | Tagged , ,

Deregulation, austerity and the polarization of the labour markets

The apprehension of this political and social reality is decisive in the attempt to reformulate the economics curriculum in order to include a deep reflection on current labor challenges that could take into account the changing employment relationship.  Students must be … Continue reading

Posted in Capitalism, Political economy | Tagged ,

The Empirical Evidence Against Neoclassical Utility Theory: A Review of the Literature,

Current Economics Textbooks and Economists justify a theory of consumer behavior based on utility maximization on a priori grounds. This methodology follows Lionel Robbins’ idea that economic theory is based on logical deduction from postulates which are ‘simple and indisputable … Continue reading

Posted in behavioral economics, neoclassical theory, Neoliberalism, utility theory | Tagged , , ,

The Methodology of Polanyi’s Great Transformation

Polanyi’s book on The Great Transformation provides an analysis of the emergence and significance of capitalist economic structures which differs radically from those currently universally taught in economic textbooks. This analysis is based on a methodological approach which is also … Continue reading

Posted in Capitalism, Economics, Polanyi, Political economy | Tagged , , ,

The Rise and Fall of the Market Economy

The core economic functions of production and distribution of goods can be handled by many different methods. After the fall of communism, the market mechanism has become nearly universal. Conventional economic theories argue that this is natural, because it is … Continue reading

Posted in Capitalism, markets, Neoliberalism, Polanyi | Tagged , , ,

Does Capitalism Have a Future?

The Great Recession has prompted a reassessment of the specific mode of capitalist accumulation that achieved dominance in the era of globalization. Yet just about all of this literature has focused on one of two issues: why things went wrong, … Continue reading

Posted in Capitalism | Tagged

Using Peer-To-Peer Lending Platforms

In just the past few years, Peer-to-Peer (P2P) Lending has exploded from a potentially disruptive lending niche to a major segment of consumer borrowing responsible for a whopping $5B of loans in 2014, driven in large part by investor willingness … Continue reading

Posted in Lending, Loans, P2P, Platforms | Tagged , , ,

Managers’ Self-Interest, Greed, and Altruism

We explore the potential effects of managers’ greed and altruism on their behaviors and firm outcomes. Greed represents extreme self-interest whereas altruism reflects concern for others. We argue that managerial greed leads to a focus on short-term decisions and short-term … Continue reading

Posted in Altruism, Greed, Leadership, Managers | Tagged , , ,