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on Heterodox Microeconomics |
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Issue of 2026–04–13
eleven papers chosen by Carlo D’Ippoliti, Università degli Studi di Roma “La Sapienza” |
| By: | Song, Xianwei (Shandong University of Finance and Economics) |
| Abstract: | In Capital, on the assumption that the values of the means of production are not transformed, Marx proves that total value equals total production price, and total surplus value equals total profit. Later, when many Marxist economists relax this assumption, they find that the two aggregate equalities no longer hold simultaneously. For more than a century, this has been one of the main problems plaguing Marxian economists. This paper shows that the reason for the problem is that the calculation ranges of the two aggregate equalities are inconsistent, that is, the calculation of total surplus value and total profit does not include all the surplus value and profit in the total value and total price. Assuming that the total exploitation rate is constant before and after the transformation, the two aggregate equalities must be valid at the same time if the calculation ranges are consistent. |
| Date: | 2026–04–03 |
| URL: | https://d.repec.org/n?u=RePEc:osf:socarx:9fmau_v1 |
| By: | Theunissen, Anne |
| Abstract: | While the relation between gender and productivity has been predominantly explored in management and organization studies literature along the rigid boundaries of the gender binary, the perspectives of transgender and gender non-conforming (TGNC) workers have received little attention. Moreover, whereas studies have illustrated how productivity is a gendered construct that favours cis-gender men over cis-gender women at work, alternative conceptualisations of productivity have rarely been explored. Aiming to come to a more flexible and gender-minority-inclusive conceptualisation of the gender/productivity relation, this study analyses 19 interviews with TGNC workers in the UK and develops an alternative notion of productivity based on Queer Theory. The findings illustrate how TGNC workers produce narratives in which they portray the lack of queer productivity in the workplace as requiring emotional and queer labour. They engage in discourses that present these forms of gendered labour as draining them from resources they could otherwise invest in their individual hegemonic productivity. Simultaneously, they portray workplaces where they are not engaging in gendered labour as environments where their individual hegemonic productivity is facilitated. This paper contributes to the literature by reconceptualising productivity as a multiplicity, and by reframing the gender/productivity relation beyond its binary frameworks of reference. It also highlights the significance of social-identity-sensitive notions of productivity, and it illuminates forms of minoritised gender inequality tied to productivity dynamics in the workplace. |
| JEL: | R14 J01 |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:ehl:lserod:137894 |
| By: | Jean-Yves Bonnefond (CRTD - Centre de recherche sur le travail et le développement - Cnam - Conservatoire National des Arts et Métiers [Cnam]); Paul Bouffartigue (LEST - Laboratoire d'Economie et de Sociologie du Travail - AMU - Aix Marseille Université - CNRS - Centre National de la Recherche Scientifique); yves Clot (CRTD - Centre de recherche sur le travail et le développement - Cnam - Conservatoire National des Arts et Métiers [Cnam]); Thomas Coutrot (IRES - Institut de recherches économiques et sociales); Sabine Fortino (CRESPPA - Centre de recherches sociologiques et politiques de Paris - UP8 - Université Paris 8 - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique); Guillaume Tiffon (CPN - Centre Pierre Naville - UEVE - Université d'Évry-Val-d'Essonne - Université Paris-Saclay); Karel Yon (IDHES - Institutions et Dynamiques Historiques de l'Économie et de la Société - UP1 - Université Paris 1 Panthéon-Sorbonne - UP8 - Université Paris 8 - UPN - Université Paris Nanterre - UEVE - Université d'Évry-Val-d'Essonne - CNRS - Centre National de la Recherche Scientifique - ENS Paris Saclay - Ecole Normale Supérieure Paris-Saclay) |
| Abstract: | Can subordination really be reduced in the workplace here and now, or is this idea simply naïve and ultimately wrong if the aim is to revolutionise the social ends of production as defined by the capitalist class structure?" A "controversy" centres on this question, which was initially formulated by Yves Clot and is principally addressed to certain types of work. It allows participants to clarify their points of view, their differences and their convergences in relation to a series of theoretical and political questions associated with approaches aimed at transforming work and the current or potential role of trade union organisations in this area. |
| Abstract: | La subordination peut-elle vraiment reculer dans le travail ici et maintenant ou n'est-ce là qu'une naïveté, finalement coupable si l'objectif reste de révolutionner les finalités sociales de la production définies par la structure de classes capitaliste ? ». C'est autour de cette question, posée initialement par Yves Clot, et adressée en particulier à certains travaux, que se déploie cette « controverse ». Elle permet aux participant·e·s de préciser leur point de vue, leurs divergences et leurs convergences, sur une série de questions théoriques et politiques associées aux démarches visant à transformer le travail et au rôle, actuel ou potentiel, des organisations syndicales en ce domaine. |
| Keywords: | occupational health, trade unionism, politics, professional relations, quality of work life, working conditions, activity clinic, relations professionnelles, syndicalisme, clinique de l’activité, santé au travail, conditions de travail, politique, qualité du travail |
| Date: | 2025–04–29 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04856943 |
| By: | Barnes, Jonathan; Perkins, Richard |
| Abstract: | The Green Climate Fund (GCF) is the principal multilateral mechanism for channelling climate finance to developing countries. This paper examines the processes through which GCF projects are developed, opening the ‘black box’ of project development to better understand the uneven production of different kinds of climate finance. Empirically, the analysis addresses a puzzle in South Africa: while the Development Bank of Southern Africa (DBSA) had secured approval for three projects by 2019, it was not until 2025 that the South African National Biodiversity Institute (SANBI) secured approval for its first project. To account for this divergence, the paper brings assembling thinking into dialogue with the concept of legitimacy. A key contribution is to introduce and operationalise the ‘legitimacy machine’ to theorise how assemblages become productive. This abstract machine transforms disparate components into sufficiently legitimate entities to advance policy objectives. Legitimacy thus acts as a mechanism for establishing and strengthening connections, unlocking relational power, and enabling the flow of authority, resources, and material effects. The paper demonstrates how the production of climate finance in South Africa reflects contrasting processes of legitimacy-making in the pursuit of heterogeneous desires. DBSA rapidly mobilised private finance by legitimating the South African economy as an investible opportunity, while shielding projects from critique through decentralised delivery. SANBI, by contrast, deliberately pursued a slower, more inclusive approach – shaped by acute scarcity of adaptation finance and the political challenge of narrowing multiple project ideas without alienating ‘deserving’ publics. Its commitment to safeguarding its own institutional legitimacy outweighed the imperative of rapid approval. These findings nuance debates on the transformational potential of the GCF and its role in the top-down financialization of recipient countries. They also underscore the need for pragmatic and differentiated approaches to supporting projects, recognising that distinct forms of multilateral finance require both rapid and patient pathways. |
| Keywords: | assemblage; climate finance; green climate fund; legitimacy; South Africa; transformation |
| JEL: | Q54 F30 |
| Date: | 2026–03–26 |
| URL: | https://d.repec.org/n?u=RePEc:ehl:lserod:137480 |
| By: | Claudius Gräbner-Radkowitsch (Department of Plural Economics, Europe University Flensburg, Germany; Institute for Comprehensive Analysis of the Economy, Johannes Kepler University Linz, Austria); David J. Petersen (Department of Plural Economics, Europe University Flensburg, Germany) |
| Abstract: | Die von Kate Raworth entwickelte Donut-Ökonomie markiert eine konzeptionelle Wende in der Klimadebatte, indem sie das Ziel eines grünen BIP-Wachstums durch ein vieldimensionales Verständnis von sozial-ökologischem Wohlstand ersetzt. Kern des Ansatzes ist das visuelle Modell einer doppelten Grenze: Ein innerer Ring definiert soziale Mindeststandards, während ein äußerer Ring die ökologischen Belastbarkeitsgrenzen des Planeten markiert. Der daraus resultierende „safe and just space“ dient als multidimensionaler Kompass für eine regenerative und distributive Wirtschaft. In der Praxis wird dieses Modell, koordiniert durch das Doughnut Economics Action Lab (DEAL), zunehmend auf kommunaler Ebene – etwa durch Instrumente wie das „City Portrait“ – zur Steuerung von Transformationsprozessen eingesetzt. Die Stärke des Konzepts liegt in seiner hohen Anschlussfähigkeit und Kommunikationskraft, doch wird kritisch angemerkt, dass die konzeptionelle Offenheit auch Risiken birgt. So können hinter einer scheinbar objektiven Indikatorik handfeste Macht- und Verteilungsfragen verschwinden, was die Gefahr einer Depolitisierung oder eines rein symbolischen „Doughnut-Washings“ befördert. Letztlich erweist sich die Donut-Ökonomie als wertvoller Orientierungsrahmen, dessen transformative Wirkung jedoch maßgeblich von der politischen Konsequenz in der lokalen Anwendung abhängt. |
| Date: | 2026–04 |
| URL: | https://d.repec.org/n?u=RePEc:ico:wpaper:179 |
| By: | Julien Kervio (CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine) |
| Abstract: | This doctoral project explores the transition from sustainable entrepreneurship to post-growth entrepreneurship. The project builds on the premise that mainstream sustainable entrepreneurship is grounded in a weak conception of sustainability-one that proves inadequate in solving growing ecological and social crises. Degrowth, by contrast, offers a strong approach to sustainability, yet its principles remain only marginally incorporated into entrepreneurial practice. The dissertation seeks to clarify the distinctions between these two perspectives, to develop a theoretical framework for translating degrowth principles into the entrepreneurial ecosystem, and to analyze the risks associated with such a transition. Adopting a constructivist epistemological stance, the study draws on a comprehensive literature review, a systemic analytical framework, and an intervention-research project carried out with LIDEV, a sustainable-entrepreneurship support organization based in Geneva. The project thus provides value both to scholars and practitioners by generating new knowledge that can enable entrepreneurs to explore pathways toward more robust forms of sustainability. |
| Abstract: | Ce projet de thèse explore la transition de l'entrepreneuriat durable vers l'entrepreneuriat post-croissance. Il part du principe que l'entrepreneuriat durable tel qu'il est couramment compris repose sur une conception fragile de la durabilité, qui s'avère insuffisante pour résoudre les crises écologiques et sociales croissantes. La décroissance, en revanche, propose une approche solide de la durabilité, mais ses principes ne sont encore que très peu intégrés dans la pratique entrepreneuriale. La thèse vise à clarifier les distinctions entre ces deux perspectives, à développer un cadre théorique permettant de transposer les principes de la décroissance dans l'écosystème entrepreneurial, et à analyser les risques associés à une telle transition. Adoptant une position épistémologique constructiviste, cette étude s'appuie sur une revue exhaustive de la littérature, un cadre analytique systémique et un projet de recherche-intervention mené en collaboration avec LIDEV, une organisation de soutien à l'entrepreneuriat durable basée à Genève. Le projet apporte ainsi une valeur ajoutée tant aux chercheurs qu'aux praticiens en générant de nouvelles connaissances susceptibles de permettre aux entrepreneurs d'explorer des voies vers des formes plus solides de durabilité. |
| Keywords: | sufficiency, planetary boundaries, degrowth, strong sustainability, sustainable entrepreneurship, durabilité forte, décroissance, limites planétaires, sobriété, Entrepreneuriat durable |
| Date: | 2026–03–24 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05574205 |
| By: | Nicolas Camilotto (Université Côte d'Azur, CNRS, GREDEG, France) |
| Abstract: | This paper provides a life-cycle analysis of the Trust Game, using its trajectory as a lens to clarify the boundaries between experimental and behavioral economics. We first trace its 1995 creation by Berg et al. as a challenge to calculative trust paradigms. A bibliometric study then maps its diffusion, revealing two divergent paths in economics: one, rooted in experimental economics, prioritizes measurement; the other, in behavioral economics, theory-testing. These paths differ in methods and validity standards, constituting an epistemic divide that illuminates the fields’ evolving relationship. |
| Keywords: | trust; trust game; experimental economics; behavioral economics |
| JEL: | B2 B4 C9 |
| Date: | 2026–03 |
| URL: | https://d.repec.org/n?u=RePEc:gre:wpaper:2026-11 |
| By: | Claudia Collodoro (Dipartimento di Politica Economica, DISCE, Università Cattolica del Sacro Cuore, Milano, Italy); Lucrezia Fanti (Dipartimento di Politica Economica, DISCE, Università Cattolica del Sacro Cuore, Milano, Italy - Instituto di Economia, Scuola Superiore Sant’Anna, Pisa, Italy); Jacopo Staccioli (Dipartimento di Politica Economica, DISCE, Università Cattolica del Sacro Cuore, Milano, Italy - Instituto di Economia, Scuola Superiore Sant’Anna, Pisa, Italy); Maria Enrica Virgillito (Dipartimento di Politica Economica, DISCE, Università Cattolica del Sacro Cuore, Milano, Italy - Instituto di Economia, Scuola Superiore Sant’Anna, Pisa, Italy) |
| Abstract: | This work provides a comprehensive large-scale analysis of artificial intelligence-based worker management (AIWM) systems from an industry-wide exposure perspective focusing on traditional industries. We begin by examining the knowledge production underlying these workforce management tools and leverage technology patent-classification to identify their dynamics and specific features. For this purpose, we use patent data retrieved from Orbis Intellectual Property covering the years 1975 to 2022, considering patents filed with both the EPO and the USPTO. Furthermore, to identify patents related to AIWM heuristics, we retrieve their full text from Google Patents and conduct a textual analysis using a dependency parsing algorithm. Finally, using the dictionary of human tasks provided by O*NET, we construct a measure of exposure to AIWM systems for individual human tasks and occupations. Linking the technological and labour market domains, we find that the professions most exposed to AIWM systems are those at the top of organisational hierarchies. |
| Keywords: | Artificial Intelligence Worker Management, Sector-level Analysis, Patenting Activity, Techno-organisational Change |
| JEL: | O14 O33 |
| Date: | 2026–01 |
| URL: | https://d.repec.org/n?u=RePEc:ctc:serie5:dipe0056 |
| By: | Saida Daly ("Department of Economics and Finance, College of Business and Economics, Qassim University, P.O. Box 6640, Buraidah 51452, Qassim, Saudi Arabia Department of Economics Faculty of Economic Sciences and Management of Mahdia, University of Monastir, Monastir 5000, Tunisia" Author-2-Name: Author-2-Workplace-Name: Author-3-Name: Author-3-Workplace-Name: Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:) |
| Abstract: | " Objective - This study investigates the role of Islamic finance and green investment in promoting sustainable development in the Gulf Cooperation Council (GCC) countries. Grounded in Shariah principles such as risk-sharing and ethical investment, Islamic finance provides a viable framework for supporting environmental transformation. Methodology/Technique – The GCC region provides a relevant context given its strong Islamic financial systems, hydrocarbon dependence, and sustainability-oriented national strategies. Using panel data from 2005 to 2022, the study employs a dynamic panel model estimated through the Generalized Method of Moments (GMM) to examine the effects of Islamic finance and green investment on CO₂ emissions per capita and renewable energy consumption, while controlling for GDP per capita, trade openness, and institutional quality. Findings – The findings indicate that Islamic finance and green investment significantly reduce emissions while promoting renewable energy adoption. Novelty – This study contributes to the literature by jointly examining their roles in shaping both environmental quality and energy transition in GCC countries, an area that remains underexplored. Type of Paper - Empirical" |
| Keywords: | Islamic finance, GCC, green investment, sustainability, SDGs, GMM estimation |
| JEL: | G21 Q43 Q56 O13 |
| Date: | 2026–03–31 |
| URL: | https://d.repec.org/n?u=RePEc:gtr:gatrjs:jfbr234 |
| By: | Patrice Laroche (CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine) |
| Abstract: | Robots, intelligence artificielle, numérique : à mesure que les technologies transforment le travail, les syndicats sont souvent présentés comme un obstacle à l'innovation. Sur quelles preuves repose cette opinion ? Et si, loin de freiner la transformation technologique, le dialogue social pouvait aussi l'accélérer… Au-delà des discours à l'emporte-pièce, les syndicats de salariés constituent-ils vraiment un frein à l'innovation technologique ? Ou sont-ils, dans certains contextes, un atout ? |
| Keywords: | Voice, AI, Robots, IA, Numérique, Dialogue social, Syndicats, Représentation |
| Date: | 2026–03–30 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05572195 |
| By: | Arabo K Ewinyu; Olwethu Shedi; Namhla Landani; Imraan Valodia (University of Witswatersrand); Anda David (AFD - Agence française de développement) |
| Keywords: | Inequality, Market concentration, Firm structure, South Africa |
| Date: | 2025–09 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05525871 |