‘Discipline and Interference’: Ruskin's Political Economy,Natural Law,and the Moral Disorder of Victorian England

When Ruskin turned from art and architectural studies towards political economy in the late 1850s works such as Unto This Last, Munera Pulveris and Time and Tide met with negative critical reactions. In these works he attempted to restore to the language of Victorian political economy the moral content which, he argued, had been lost since the time of Adam Smith, under a cloak of misleading scientific terminology associated with utilitarian ‘orthodox political economy’. In doing so, he resorted to pre-Enlightenment sources of political and economic practice. His study of classical, Biblical, medieval and selected renaissance texts led him to gradually embrace older natural law arguments which contrasted sharply with the assumptions of post-Enlightenment positivist forms of natural law and science. These older and more organic natural law based understandings informed the principles by which he established his ideas on economics as well as his late social experiment, the Guild of St George. The charter and oath of the Guild illustrates how Ruskin's early upbringing in the Protestant Evangelical tradition was replaced by a more comprehensive natural law tradition of ethics.     

Calvin and Natural Rights

Abstract

This article applauds the recent rise of scholarly attention to studying the relation of religion to natural rights in general and Calvinism in particular. Against the strong belief in some quarters that appeals to nature, including the idea of rights, do not play a significant role in Calvin's thought, the article concurs with recent (and some not so recent) work to the contrary, arguing that such appeals do occupy an important, if ambiguous, place for Calvin. However, the article resists explaining the variations in his thought as the result of changing interpretations over time. Rather, it is contended that these matters were a source of tension throughout Calvin's career. He struggled not so much with the question of the natural knowledge of rights, but of the ability to choose to act on that knowledge. In conclusion, the article hints that Calvin's ambivalence on this issue sowed the seeds for significant divergence among his descendants.     

The Clean Energy Dilemma in Asia: Observations on Russia and China

Two American economic geographers and prominent specialists, respectively, in the energy industries and resources of Russia and related economic developments in China, evaluate and supplement the material presented in the preceding paper on the clean energy dilemma in Asia (Wilbanks, 2008). The paper covers changes in the relationship between energy consumption and economic growth globally as well as in Russia and China, Russian oil and gas exports to Asia (more specifically to China), the development of energy resources and production in China, and energy intensities in both countries.     

China's Energy Security: Challenges and Priorities

In a companion paper to the essays comparing China's and India's economic rise (Prime, 2009) as well as India's energy security (Dadwal, 2009), two specialists on China's energy industries review the country's challenges posed by the need to dramatically increase energy use in order to support economic growth while coping with pressures to reduce environmental impacts from emissions of greenhouse gases. After reviewing the current mix of fuels in the economy and discussing each major energy resource (in terms of proven reserves, production, consumption, and foreign import requirements), the authors focus on measures undertaken by the Chinese government and corporations to improve access to vital supplies. The paper covers efforts to enhance the country's energy security, which include diversifying sources of oil supply, purchasing oil and gas concessions and financing of energy infrastructure development in African and Central Asian countries, instituting reforms to encourage more efficient energy use, and developing alternative energy sources. Journal of Economic Literature, Classification Numbers: O130, P280, Q400. 7 figures, 2 tables, 82 references.     

Russia after the Global Financial Crisis

Two prominent American specialists on the Russian economy present a fundamental analysis of basic economic factors explaining how the global financial crisis has played out in Russia and its implications for the country's future. More specifically, the authors examine the consequences of Russia's dependence on and addiction to resource (oil and gas) rents and of the management system put in place under Vladimir Putin to maintain, secure, and distribute these rents. They then investigate how each of these factors has emerged from the crisis and how it might evolve in the years ahead. Focusing on the distinction between rent dependence and addiction, the authors question the conventional wisdom that diversification of Russia's economy (away from oil and gas) is a desirable objective that will render it less vulnerable to external shocks. Journal of Economic Literature, Classification Numbers: E020, F020, G010, O130. 15 figures, 44 references.     

Forging Environmentalism: Justice,Livelihood and Contested Environments. Joanne Bauer,ed.

A senior Japanese authority on the Russian economy and its energy sector addresses the country's exposure to the so-called Dutch disease, suggesting that Russia did suffer from the potentially ruinous overdependence on oil and gas exports. The author argues, however, that the symptoms of the disease were actually not severe, attributing his interpretation to: (1) drastic decline of noncompetitive domestic manufacturing industries in the 1990s, which prompted a huge inflow of imports in the 2000s, but left competitive manufacturing enterprises in a position to survive; (2) extraordinary oil price increases in the 2000s, which significantly raised household and business incomes, creating augmented demand for products of domestic origin; (3) large differences between Russian and world prices of oil and gas, which functioned as subsidies for domestic manufacturing; and (4) massive intervention in foreign exchange markets by the Central Bank of Russia, which restricted the growth of imports and thus strengthened the surviving domestic manufacturing enterprises.     

Rare Earths: Future Elements of Conflict in Asia?

Abstract

China’s sudden suspension of rare earth exports to Japan in September 2010 represented the opening of a new front in the international competition for natural resources. As the demands of the global economy change, the international demand for rare earths, which are used in a diverse range of high-tech industries, has also increased. As China is currently the largest rare earths exporter, its actions in regulating rare earths exports will directly affect the interests of other states in the supply chain. This paper therefore examines how China assumed this dominant position in the supply chain. It also looks at how major rare earths consumers such as Japan and South Korea are reducing their reliance on and vulnerability to Chinese rare earths supplies through means such as seabed exploration in disputed territories, which might contribute to geopolitical tensions and instability in the East Asian region.     

The Later Jefferson and the Problem of Natural Rights

Abstract

The late Jefferson presents a puzzle to scholars. In his last years the author of the Declaration of Independence strongly opposed the Missouri Compromise and set important precedents for the political strategy of the antebellum South. This essay argues that these problematic aspects of Jefferson's career are more closely linked to his natural rights doctrine than is generally recognized and extend tendencies already present in Jefferson's draft of the Declaration. Unlike previous scholars who explain Jefferson's problematic politics by his racism or the inherent selfishness of Lockean natural right, I argue that the core flaw in Jefferson's natural rights doctrine is the encouragement it gives to self-righteousness. Because he responded to the problem of slavery in a spirit of angry self-defense, Jefferson's understanding of natural rights blinded him to the ways in which his actions strengthened slavery and undermined his own most cherished political achievements.     

Technology,Free Labor,and Slavery: Lincoln on Discovery and Invention

Abstract

Abraham Lincoln presented a lecture in 1858–1859 on the process of “Discoveries and Invention.” In this lecture he discusses man's desire to improve his condition and the use of technology to that end. The process of discovery and invention allows man to develop that technology and alleviate his state. Education, especially literacy, allows knowledge to be passed down through time, facilitating yet further improvement. Yet, Lincoln warns that human nature can also become raw material, as seen in the institution of slavery. In light of Lincoln's more commonly known natural rights argument against slavery, this warning about human nature takes on greater significance. Coupled with an address on agriculture from 1859, Lincoln's lecture on discovery and invention attempts to illustrate the liberating power of invention and education while reminding us of the limits posed by man's natural equality.     

Humphrey and Civil Rights: The Politics of Racial Progress

Abstract

This article explores and defends Leo Strauss's interpretation of Edmund Burke's thought. Strauss argues that Burke's conservatism is rooted in the modern empiricist school of John Locke and others. Following Strauss, this article sets out to consider the suitability of these foundational principles to conservative politics. Burke wants to temper or ennoble Lockean politics by inspiring sublime attachment to the political community and its traditions, but he shies away from stating universal standards according to which the traditions of political communities ought to be judged. This respect for reason in history without moorings in transcendent standards of reason or revelation leaves his conservatism on precarious ground.