The History of Economic Thought Working Group and East Asia Working Group of the Young Scholars Initiative is launching a webinar series that brings critical attention to the idea, practice, and evolution of capitalism. This project aims to reconnect the history of economic ideas with the world they sought to describe, reform, or transform. Capitalism is not just an economic system; it is a lived experience, a political project, and an ideological battleground.
We seek to open a conversation about capitalism as it has been theorised, imagined, and contested across historical periods and geographies. From early critiques of enclosures and slavery, to colonial accumulation and contemporary platform economies, capitalism’s forms have shifted, but its underlying logics—commodification, accumulation, exclusion—continue to shape our worlds.
This series will invite senior scholars who work across traditions—Marxist, classical, feminist, ecological, decolonial—to speak to these shifting realities. Our goal is not to arrive at a unified definition of capitalism, but to stay with its plurality. What is the nature of capitalism in our time? What kind of capitalism is being debated in different contexts? What kind of resistance does it provoke? How do economic theories shape their justification or critique?
Our approach to history foregrounds tension, silence, and the politics of knowledge. The HET WG places special emphasis on themes like decolonisation, pluralism, epistemic difference, and the often under-acknowledged intellectual contributions from the Global South. We invite our participants to think about histories of caste, race,
The History of Economic Thought Working Group and East Asia Working Group of the Young Scholars Initiative is launching a webinar series that brings critical attention to the idea, practice, and evolution of capitalism. This project aims to reconnect the history of economic ideas with the world they sought to describe, reform, or transform. Capitalism is not just an economic system; it is a lived experience, a political project, and an ideological battleground.
We seek to open a conversation about capitalism as it has been theorised, imagined, and contested across historical periods and geographies. From early critiques of enclosures and slavery, to colonial accumulation and contemporary platform economies, capitalism’s forms have shifted, but its underlying logics—commodification, accumulation, exclusion—continue to shape our worlds.
This series will invite senior scholars who work across traditions—Marxist, classical, feminist, ecological, decolonial—to speak to these shifting realities. Our goal is not to arrive at a unified definition of capitalism, but to stay with its plurality. What is the nature of capitalism in our time? What kind of capitalism is being debated in different contexts? What kind of resistance does it provoke? How do economic theories shape their justification or critique?
Our approach to history foregrounds tension, silence, and the politics of knowledge. The HET WG places special emphasis on themes like decolonisation, pluralism, epistemic difference, and the often under-acknowledged intellectual contributions from the Global South. We invite our participants to think about histories of caste, race, gender, and land, alongside more familiar categories such as markets, property, and the state.
Key areas of focus include:
- Histories of capitalism across continents: not just as diffusion from Europe, but as co-productions and frictions and histories of capitalism have their centres spreading across the globe, not only in the WEST but in the EAST too, from Malacca, Hugli, Calicut, Macao, Nagasaki, Pegu to Batavia, to name a few.
- Capitalism’s relationship with colonialism, racialisation, and dispossession
- Property regimes, financial architectures, and state-market entanglements
- Trade, Tariffs and Wars
- Debates on crisis: inflation, debt, austerity, climate collapse
- Intellectual genealogies: from Marx and Gandhi to Du Bois, Luxemburg, Fanon, and Polanyi
- The metabolism of capital and planetary boundaries
- The role of economics as a discipline in naturalising or resisting capitalist logics
This series is not an attempt to replace critique with nostalgia or celebration. Instead, we want to create a space where histories of capitalism can inform strategies for its transformation or transcendence. Theories of capitalism are not just descriptions; they are interventions. We hope to create a space where critique and imagination work in tandem.
Prof. Fabio Masini, Department of Political Science – Roma Tre University
Trump’s Challenges to the Global Order and the Making of a New Europe, Tuesday, 12 May 2026, 9:00 AM EST
The evolving shocks that hit the global economy since the covid pandemic are now being precipitated by Trump’s attacks to multilateralism, supported by an increasingly oligopolistic capitalism in key areas on the frontier of production possibilities. The support for stablecoins and the veto against the use of CBDCs is a further step in an attempt to redesign the international economy.
Europe, being among the most vulnerable continents, despite its process of economic and monetary integration, is now facing the end of its typical growth model, pursued in the last few decades, which relied on the USA for security, on Russia for low-cost energy, and on China for low-cost imports and a market for exports. These pillars are now being challenged. The European growth model needs being re-thought.
I shall highlight a few directions that the EU might embrace if it wants to resist the trend towards the increasing weaponization of the economic infrastructures and currencies, contributing to a new, less conflictual, international order. Among them: a multilayered industrial and economic policy, the focus on the production and financing of European public goods, and a greater international role of the euro.
Speaker’s Bio
Fabio Masini is Professor of Theories and History of International Political Economy and Jean Monnet Chair in European Economic Governance at the University of Roma Tre. He is the Director of the SEI Lab, Studies in the Economics of Interdependence and Secretary General of Robert Triffin International. He is also the Editor of the journal History of Economic Thought and Policy.