Now and Then1

Abstract: Antipode was launched into the firmament of the 1970s. We might reflect upon how well the journal and its contributors fully appreciated the historical gravity and weight of what was surrounding the project to create “a radical journal of geography”. What sort of radicalism was on offer? The language was “social relevance” from “a radical (Left) political viewpoint”. In writing to celebrate Antipode's birthday, this time in another, and similar, firmament there is still the need to confront the challenge of radicalism and its meanings. Whether we agree with Perry Anderson that the last vestiges of the 1960s have been finally swept away, that the “fluent vision” of the Right has no equivalent on the Left and that embedded liberalism is now as remote as “Arian bishops”, where do radical alternatives stand in relation to the fractured hegemony of neoliberalism? At the very least the need for alternatives is more pressing than ever. David Harvey has proposed rethinking the idea of “the right to the city”. But what other rights might we rethink? I reflect upon this question by returning to the 1960s and 1970s and Marxist debates over the law, and by thinking about the possibilities offered by this Polanyian moment.     

Inter- and intraregional inequality in a spatial economy

In this paper, we develop a three-region economic geography model with workers of heterogeneous skills and mobility rates to consider how first-nature, regional differences impact both inter- and intraregional inequality. In our model, the skill premium within a region summarizes both the degree of intraregional inequality between mobile, skilled workers and immobile, unskilled workers and the interregional inequality through differences in the welfare of unskilled workers across regions. Regions with the highest skill premium have the greatest degree of intraregional inequality and provide the lowest level of welfare to unskilled workers, relative to other regions. We find that the skill premium will be higher in regions with a greater supply of unskilled labor, lower supply of housing, or are more remote. An increase in a region's housing supply or centrality will lower intraregional inequality and raise the welfare of the local, unskilled workforce. However, the magnitude of these changes are declining in the initial number of skilled workers in the region. The model is extended to consider imperfectly elastic housing supply. The larger the price elasticity of housing, the larger the range of values, such that more populated regions will host a disproportionate share of skilled workers, have lower levels of intraregional inequality, and provide higher levels of welfare for unskilled workers.     

Discourse on the Docks: Containerization and Inter-Union Work Disputes in US Ports, 1955–85

Research on labour markets has often focused on the economics of work location. Far less attention has been paid to how labour markets are constructed discursively. In this paper, I analyse how the creation of rival discourses concerning traditions of work were central elements in the efforts of two unions to structure local labour markets, in order to retain work for their members in the face of technological innovation. The struggle between the two unions centred on their abilities to construct rival discourses concerning the historical geography of work in the industry. These formed the basis for judicial interpretations concerning whether the actions of the dockers' union represented a legal work preservation action or an illegal work acquisition measure. Such interpretations shaped the subsequent evolution of work and labour markets in the industry. The ability of economic actors to shape discourse in their favour can be a powerful force in the regulation of local labour markets, and thus in the production of economic landscapes.     

KARL POLANYI AND THE REALITY OF SOCIETY

This essay reconsiders Karl Polanyi's famous thesis about the “embeddedness” of the economy through an examination of two recent books: For a New West, a collection of previously unavailable essays by Polanyi, and Fred Block and Margaret R. Somers's The Power of Market Fundamentalism: Karl Polanyi's Critique. The guiding thread of this analysis is the claim that a constant in Polanyi's thought was his belief in what he called “the reality of society,” that is, that society exists as a social fact over and above the individuals that constitute it. The essay begins by tracing Polanyi's intellectual development, drawing primarily on the essays found in For a New West. Polanyi's quest to reconcile individual freedom with social solidarity led him first, in the years between the First and Second World Wars, to embrace liberal socialism, before his readings in anthropology persuaded him that traditional economies “embed” the economy in social relations and that the nineteenth‐century liberal project of a “disembedded” economy (through the so‐called free market) is a departure from this anthropological norm. The essay then examines and questions Block and Somers's claim that Polanyi maintained that the economy is always “already embedded,” arguing notably that Polanyi believed that the advent of market society entailed an economy that was actually disembedded from social relations, not merely one that was re‐embedded in an alternative set of institutions.     

Has the euro sustainably increased home price co‐movement?

A low level of co‐movement between different euro country housing markets creates difficulties for the ECB in setting monetary policy. Such co‐movement across eurozone countries has been the subject of a number of studies, using different methodologies and finding mixed results. In this study, we use endogenous break methods to explicitly test for whether the introduction of the euro has changed home value co‐movement. We also employ informal correlation analysis. Endogenous break results indicate no sustainable increase in co‐movement attributable to the euro, whereas correlation analysis is suggestive of a decrease in synchronization since the currency's introduction.     

Opportunities and competition in thick labor markets: Evidence from plant closures

Since Marshall (1890), it has been widely held in urban economic theory that cities insure workers against the risk of unemployment by offering a larger pool of potential jobs. Using a large administrative panel data set on workers displaced as a result of plant closures, we examine whether positive effects from a higher urban job density are offset by more intense competition between workers. When controlling for the sorting of workers between regions, we find robust evidence that the effect of job competition on unemployment duration exceeds that of job opportunities in absolute value. Our results put the idea of urban risk-sharing into perspective and provide an explanation for observed longer unemployment durations in cities.     

The Precarity of Young People’s Housing Experiences in a Rural Context

Young people’s housing, economic and labour market circumstances have become increasingly insecure due to the combined effects of the 2007/2008 economic crisis, neoliberal welfare reforms, rising costs of higher education and the shortage of affordable housing. Discussions of young peoples’ experiences in these domains have largely neglected their spatial variability but evidence suggests that young people living in rural parts of the UK have distinctive experiences of housing, which are closely connected to labour markets and educational opportunities. By drawing on qualitative data from young people and housing professionals, this article explores some of these rural distinctions and frames them within theoretical debates about the ‘precariat’. It argues for a more theoretically informed and geographically nuanced understanding of contemporary housing issues as rural youth potentially face greater precarity than their urban peers.     

Geographies of temporary markets: an anatomy of the Canton Fair

While recent research on temporary clusters and temporary markets has emphasized the knowledge generation processes associated with trade fairs, little is known about the knowledge exchanges that are embedded in market relations at these events. This paper uses the case of the Canton Fair in Guangzhou, the largest trade fair in China, to illustrate that such events do not operate as a single market, but that they generate multiple dynamic market configurations, which entail different flows of knowledge, goods and people. In a typical case study, four types of market configurations are identified that simultaneously develop at this event. The findings contribute to a more comprehensive understanding of the dynamics of market relations, knowledge and transactions in temporary spatial settings.     

Russia's Energy Policy: A Divergent View

A noted American analyst of Russian, Central Asian, and Transcaucasian oil and gas industries and markets offers his own perspective on issues raised in the preceding paper on Russia's energy policy (Milov et al., 2006). While generally concurring that Russia indeed pursues an ad hoc (rather than systemic) energy policy, he expresses divergent views on the role of government-regulated versus market-based pricing in final and primary energy use, reasons for the intense flows of oil and gas to Europe, the role of pipelines in determining oil export allocations, and the contribution of regional monopolies and refining capacity to domestic oil product prices. Journal of Economic Literature, Classification Numbers: L71, O13, Q40, Q48. 20 references.     

Does size of local labour markets affect wage inequality? a rank-size rule of income distribution

The questions addressed in this paper are: (i) does wage inequalityincrease with local population size, and if so, (ii) what arepossible factors behind this increase? In a cross-section analysisof Swedish local labour markets using unique full populationdata, the article shows that urban scale, i.e. size of localpopulation, has significant positive effects on wage inequality.Testing for potential explanations, labour market diversification,human capital, migration, age structure and employment are shownto be significantly associated with inequality. Given theseeffects, the article raises the question of how to understandand incorporate scale effects into models of long-term changein wage inequality.