Global finance and the German model: German corporations, market incentives, and the management of employer-sponsored pension institutions

Where there was a settled political geography of state power and responsibilities, the remarkable growth of global finance has put enormous pressure on national economic, political and social institutions. Furthermore, the looming crisis facing many continental European social security systems has raised many doubts about the long-term viability of the German model compared to its Anglo-American rivals. In this context, large German corporations have sought ways of sustaining their global competitiveness by, in part, restructuring their national and regional commitments. To illustrate, in this paper we concentrate on the nature and organization of German employer-sponsored pension institutions in relation to Anglo-American management practice. Two issues drive the analysis. One has to do with an emerging coalition between corporate management and shareholders with respect to the market value of the firm. The second issue has to do with the allocation of risk and uncertainty between the social partners when negotiating the financing and final value of promised retirement income. The institutional framework of collective decision-making common to many of Germany's largest firms is under pressure; three models of investment decision making relevant to pension assets and liabilities are used to illustrate this point. In doing so, we suggest that the German model is more fragile than commonly realized. We also suggest that Anglo-American management practices have penetrated and affected German corporate (national and regional) institutions and regulations. The social market lauded by advocates of stakeholder capitalism is changing rapidly, at least in the sphere of large firms and global finance.     

Is Fish Health Food or Poison? Farmed Fish and the Material Production of Un/Healthy Nature*

Abstract: This paper contributes to scholarship on health and environment by focusing on connections between human health and political economy of seafood. The contemporary rise of aquaculture is an effort on the part of the seafood industry to escape the contradictions of capital that create crisis in capture fisheries. Yet intensive aquaculture may also create human health problems that contribute to new crises. Aquaculture practices not only increase production of healthful fish, but also lead to fish burdened with chemical pollutants about which there are a variety of health concerns. These health concerns pose problems for producers who may not be able to sell contaminated seafood. By examining the intertwined biochemical and social processes that produce multiple natures (fish bodies, human bodies and the aquatic environment), the paper shows that concerns about health are not only an outcome of political economic processes, but are also an explanatory factor in these processes.     

‘A dog who I know quite well’: everyday relationships between children and animals

Adult discourses often represent relationships between children and animals as beneficial for children's psycho-social development or as reflecting a ‘natural’ connection between children and animals. In contrast, this paper draws on recent work in sociology and geography where human–animal relationships are seen as socially situated and where conventional constructions of the human–animal boundary are questioned. Focussing on children's own perspectives on their connections with animals, it is argued that these relationships can also be understood within the social and relational context of children's lives. It is argued that this ‘relational’ orientation to children's relationships with animals might significantly enhance our understanding of children's lives and also open up ways of thinking about the place of animals in children's (and adults') social lives.     

A company of women and men: men's recollections of childbirth in medieval England

The events that took place in medieval English birthing chambers were witnessed and assisted by a company of women. Although these events may have been isolated, they did not exist in isolation. Rather, they interacted in complex ways with the lives and activities of the men in the manor hall. This article examines those interactions as they are evidenced in proof-of-age inquests, legal documents that record the recollections of husbands, fathers, and male relatives and neighbors regarding the events surrounding the birth of an heir to crown land. It concludes that even though men rarely entered the birthing chamber, their dynastic interests and social politics routinely penetrated its walls, blurring the boundary between private and public spheres, female and male space.     

An Application of Canonical Correlation Analysis in Regional Science: TheInterrelationships Between Transport and Development in China's Zhujiang Delta

Canonical correlation analysis (CCA) has the ability to deal with two sets of multivariate variables simultaneously and to produce both structural and spatial meanings. In view of the valuable insights to be gained, in this paper I examine the potential applications of CCA in regional science by describing its algorithm in a regional or spatial context. Next, I apply CCA to explore the mutually interdependent relationship between transport and development inChina's Zhujiang Delta. The results highlight the utility of CCA in revealing the structural and spatial patterns of two dominant and four subdominant transport-development relationships in this growing region of China.     

‘Will you be my mentor?’ Feminist mentoring at mid-career for institutional change

Abstract

This collaborative paper written by mid-career and senior faculty employed in public and private institutions explores the challenges of feminist mentoring at mid-career. We engage this problematic using dialogical writing as a means to highlight our experiences and needs for mentoring, while simultaneously co-mentoring one another to protect each other from cynicism and despair. Placing these experiences and dialogues in conversation with the existing literature on mentoring, we address the ways that mentoring can both reproduce and transform the neoliberal university, while simultaneously exploring the tensions these possibilities produce in the context of mid-career feminist mentoring. We discuss particular challenges associated with mid-career mentoring, focusing primarily on our roles as feminist, anti-racist mentors to non-traditional students and junior faculty. While recognizing that there is no clear solution to the challenges of feminist mentoring and institutional change, we examine various models of mentoring, highlighting both the potential and limitations of informal mentoring in producing institutional change. Our intention is that this dialogical piece of writing allows us to support each other as we share our own reflections, while offering mentoring advice for colleagues at different career stages. While mentoring can open up the possibility for minor disruptions and is an essential coping mechanism, it is just one small part of the struggle to challenge the structural inequality of the academy.     

Privatization: Property and the Remaking of Nature–Society Relations Introduction to the Special Issue

Abstract: The Western Alaska Community Development Quota (CDQ) is an economic development program that allocates a portion of regional fisheries to groups representing poor, mostly indigenous people of western Alaska. The CDQ groups lease their quota to industrial fish firms and reinvest their revenues back into the fishery. In this way, quota becomes a form of property used for capital accumulation. The CDQ is conceptually confusing because it appears as neoliberal privatization and as redistribution motivated by social justice. Rather than choosing between these, this paper argues that quota‐as‐property brings together these seemingly opposed goals. Once the idea of property is expanded to include interdependence and reasons for property relations, it is possible to see that privatization in the CDQ embodies multiple logics without being incoherent. The paper concludes that the complex social relations of property open up space for identifying diverse practices within neoliberalism.