• Korean journal of communication and information
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• v.45
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• pp.7-48
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• 2009

The recent crises of Marxism do not mean Marx’s crisis. Marx said that he was not a Marxist. The purposes of this essay explore (1) the modern identity of the political economy; (2) the possibilities of mutual understanding between neoclassical economics and Marxist economics; (3) problems of the political economy in media and communication industry. I have begged for analytical Marxists, because of their good fruits. They accepted the methods of modern social science and they constituted a tremendous advance in the application of the scientific methods to the study of society. In insisting on micro-foundations(methodological individualism), analytical Marxism distinguished itself from structuralism and functionalism. I appreciate that analytical Marxism has reduced a theory to practice. But the works didn’t listen to everyone(from Marxists to un-Marxists), and explain everything. Making theory with production/consumption, macro/micro, and structure/behavior is a road to the political economy in the long run. It also applies to media and communication industry. The realm of media/communication is broad, which in philosophy, humanities, politics, economics, sociology, and engineering. And media policy is more complicated by politicians who look at the same situation from different angles. By the aid of interdisciplinary research, the political economy of media/communication shall explain at full length.

• The Korean Publising Journal, Monthly
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• s.310
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• pp.20-21
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• 2001

• 사회경제평론
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• v.31 no.2
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• pp.105-126
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• 2018

In this paper, I makes some critical comments on the temporal single-system interpretation (TSSI) of Marxian value theory. The first concerns the claim that the Fundamental Marxian Theorem (FMT) holds within the TSSI under completely general conditions. Based on the idea that the nominal profit does not well fit the FMT, the TSSI proponents suggest that more relevant for proving the TSSI FMT is the real profit, defined by deflating the output prices. In contrast, I propose a more general approach where three possible concepts of profit are all considered, in which case the result is that whether the FMT holds within the TSSI is indeterminate. Second, the refutation of the Okishio theorem presented in Kliman (1996) is critically examined, focusing on the criticism raised in the literature that the Kliman model ignores the cost-reduction criterion as for the technical change and therefore cannot be considered as an internal refutation of the Okishio theorem. Drawing upon the criticism, I explicitly incorporate the cost-reduction criterion into the Kliman model and show that the continuous labor-saving technical change of the Kliman model is not necessarily cost-reducing and under certain conditions is cost-neutral or cost-raising.

• Journal of the Economic Geographical Society of Korea
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• v.24 no.1
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• pp.102-121
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• 2021

Financial geography is an evolving subdiscipline in economic geography. This paper identifies and reviews three important 'waves' constitutive of the current state of financial geography: including the 'first' wave before 1990s when finance was regarded as a byproduct of the over-accumulation process in production sphere in the Marxist geographical political economy tradition; the 'second' wave in the mid-1990s during which financial geography was firmly established as a subdiscipline, influenced by the cultural turn and poststructuralist thoughts; and the most recent 'third' wave after the 2008~2009 global financial crisis that urged financial geographers to take power and politics more seriously and 're-politicize' with the analytical ideas of governmentality and financial subjectification from a neo-Foucauldian perspective. These waves have helped financial geography become a practice-oriented academic discourse, in which different philosophical thoughts, foci of analytical level and object, renditions of the subject, perceptions of power and politics, and geographies of finance and financialization coexist and also compete and contest one another.

• Survey Research
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• v.11 no.1
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• pp.87-105
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• 2010

This study purports to empirically examine the potential effect of the level of social trust on their welfare consciousness level. Although previous studies in the field have focused on socio-economic or class-oriented variables, the accumulated results have shown that the effects were inconsistent at best in Korean context. In order to overcome the limits of theoretical assumptions from mainstream Marxists and institutionalists, this study suggests the relative autonomy of social consciousness and its independent effect on welfare consciousness. The analysis shows that both foundational variables, income levels and labor market participation, and the level of social trust have significant impacts upon the respondents' level of welfare consciousness.

• Korean journal of communication and information
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• v.41
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• pp.75-107
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• 2008

The paper aims to figure out the meaning of money in terms of communication in which we can find the specific communicative and cultural form of money. In the modern capitalist society, we cannot limit money within the economical terms - for example, store of value, medium of exchange, unit of account and means of payment - because money mediates all human activities beyond the economic boundary and conveys specific meaning in the social and the cultural area. Money can be the medium of the cultural and the communicational as well as the medium of the economic. In this respect, we've try to articulate money with linguistic or semiotic insight. Through this theoretical dialogue, we find two significations of money as a medium of communication. The first signification is meta-signification which drives the individual to the unlimited accumulation of the money. Meta-signification displace the second signification of the money that is the singular, over-determined and the mosaic significations. In this process money can be the signifier without signification. And then, money is the Master signifier which all sign should be identified imaginary. Finally, Money is not only the re-presense (Darstellung) of all sings but also the representative (Vertretung) of all signs. But this double position creates some tensions and makes master signifier of money unstable. Man's analysis of Bonapartism, which shares the linguistic or semiotic insight, shows the crack of the re-presence between the representative. Like Marx's analysis, the money has the tension between two signification which makes the room for the struggle to signify.