Penn Program on Democracy, Citizenship, and Constitutionalism 2011-2012

Penn Program on Democracy, Citizenship, and Constitutionalism 2011-2012

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Democracy, citizenship, and constitutionalism raise broad-ranging yet deeply interconnected concerns. It is difficult to pursue these concerns in all their rich interconnections due to academic specialization. Constitutionalism is a subject for lawyers; democratic institutions for political scientis…

School of Arts and Sciences


    • Jun 6, 2012 LATEST EPISODE
    • infrequent NEW EPISODES
    • 59m AVG DURATION
    • 17 EPISODES


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    Latest episodes from Penn Program on Democracy, Citizenship, and Constitutionalism 2011-2012

    Panel 1 Corporate Purpose and Social Responsibility 1_1

    Play Episode Listen Later Jun 6, 2012 68:47


    Panel 1 Corporate Purpose and Social Responsibility 1_2

    Play Episode Listen Later Jun 6, 2012 34:44


    The End of Finance: Financial Market Activism in Post-3/11 Japan Part I

    Play Episode Listen Later Apr 26, 2012 73:09


    Part One: The global financial crisis stemming from the collapse of the U.S. subprime mortgage markets has had a profound effect on financial professionals and their engagement with their financial expertise worldwide. For example, there is widespread sentiment among Japanese financial market professionals that the era of finance in which financial professionals and their expertise are highly valued has ended. On the one hand, it is clear that the kind of innovation and intellectual excitement that led to the expansion of credit derivatives is unlikely to gain momentum again in the near future. On the other hand, the current acute sense of profound uncertainty facing Japan and elsewhere seems to demand precisely the kind of technique for embracing and dealing with uncertainty that finance has long ostensibly represented. In this paper, I offer an ethnographic glimpse into this predicament confronting global financial market professionals in Japanese financial market specialists’ competing responses to the crisis of Tokyo Electric Power Company (TEPCO) in the aftermath of the nuclear power plant accident that followed the massive earthquake and tsunami of March 11, 2011. The focus of my analysis is the tension between the collective market effort to protect TEPCO and its bond holders in which TEPCO was deemed “too big to fail,” in the names of victims of the accident as well as of the Japanese financial system, and the sporadic effort to arbitrage TEPCO bonds, in the name of reforming the Japanese financial system altogether. What was striking was the way both sides shared deep skepticism about the efficacy and validity of their financial expertise and resignation that TEPCO, and the entire national economy, would certainly sink, albeit preferably slowly. The paper examines financial market professionals’ unexpected agreement to embrace the end of finance and its implications for the critique of capitalism.

    The End of Finance: Financial Market Activism in Post-3/11 Japan Part II

    Play Episode Listen Later Apr 26, 2012 42:43


    Part Two: The global financial crisis stemming from the collapse of the U.S. subprime mortgage markets has had a profound effect on financial professionals and their engagement with their financial expertise worldwide. For example, there is widespread sentiment among Japanese financial market professionals that the era of finance in which financial professionals and their expertise are highly valued has ended. On the one hand, it is clear that the kind of innovation and intellectual excitement that led to the expansion of credit derivatives is unlikely to gain momentum again in the near future. On the other hand, the current acute sense of profound uncertainty facing Japan and elsewhere seems to demand precisely the kind of technique for embracing and dealing with uncertainty that finance has long ostensibly represented. In this paper, I offer an ethnographic glimpse into this predicament confronting global financial market professionals in Japanese financial market specialists’ competing responses to the crisis of Tokyo Electric Power Company (TEPCO) in the aftermath of the nuclear power plant accident that followed the massive earthquake and tsunami of March 11, 2011. The focus of my analysis is the tension between the collective market effort to protect TEPCO and its bond holders in which TEPCO was deemed “too big to fail,” in the names of victims of the accident as well as of the Japanese financial system, and the sporadic effort to arbitrage TEPCO bonds, in the name of reforming the Japanese financial system altogether. What was striking was the way both sides shared deep skepticism about the efficacy and validity of their financial expertise and resignation that TEPCO, and the entire national economy, would certainly sink, albeit preferably slowly. The paper examines financial market professionals’ unexpected agreement to embrace the end of finance and its implications for the critique of capitalism. Part Two contains the Q&A session following the speaker and discussant.

    Ethno-Being- On the Affective Economy of Belonging Part I

    Play Episode Listen Later Mar 29, 2012 50:03


    Part One: From clay to casinos, the corporate structure is not only integrating into the cultural spheres of Native America as well as African tribes, it is being utilized with incredibly lucrative results. How does this affect culture and concepts of disenfranchisement?

    Ethno-Being- On the Affective Economy of Belonging Part II

    Play Episode Listen Later Mar 29, 2012 56:14


    Part Two: From clay to casinos, the corporate structure is not only integrating into the cultural spheres of Native America as well as African tribes, it is being utilized with incredibly lucrative results. How does this affect culture and concepts of disenfranchisement? Part Two contains the Q&A session following the speaker and discussant.

    Corporate Citizenship and Worker Voice Part I

    Play Episode Listen Later Feb 16, 2012 40:12


    Part One: Hosted by the Penn Law School, Cynthia Estland, from New York University Law, discusses the integral relation unions and worker's voice play in the modern corporate terrain.

    Corporate Citizenship and Worker Voice Part II

    Play Episode Listen Later Feb 16, 2012 77:44


    Part Two: Hosted by the Penn Law School, Cynthia Estland, from New York University Law, discusses the integral relation unions and worker's voice play in the modern corporate terrain. Part Two contains the Q&A session following the speaker and discussant.

    For-Profit Educational Corporations Part I

    Play Episode Listen Later Jan 19, 2012 55:08


    Part One: The lively round table with Jonathan Harber, CEO of SchoolNet Inc; Michael Moe, Founder of GSV Asset Management; and Peter Smith, VP of Kaplan Higher Education. How healthy is for-profit education for our future generation?

    For-Profit Educational Corporations Part II

    Play Episode Listen Later Jan 19, 2012 77:06


    Part Two: The lively round table with Jonathan Harber, CEO of SchoolNet Inc; Michael Moe, Founder of GSV Asset Management; and Peter Smith, VP of Kaplan Higher Education. How healthy is for-profit education for our future generation? Part Two contains the Q&A session following the speaker and discussant.

    Corporations and Children Part I

    Play Episode Listen Later Dec 8, 2011 46:20


    Part One: Joel Bakan, from the Law department of University of British Colombia, brings to light the dangers of growing up within the Corporate sphere.

    Corporations and Children Part II

    Play Episode Listen Later Dec 8, 2011 73:25


    Part Two: Joel Bakan, from the Law department of University of British Colombia, brings to light the dangers of growing up within the Corporate sphere. Part Two contains the Q&A session following the speaker and discussant.

    Responsibilities, Rights, and Group Agents Part I

    Play Episode Listen Later Nov 10, 2011 73:44


    Part One: Philip Pettit of Princeton University discusses and expands upon points from his work, Responsibility Incorporated.

    Responsibilities, Rights, and Group Agents Part II

    Play Episode Listen Later Nov 10, 2011 42:09


    Part Two: Philip Pettit of Princeton University discusses and expands upon points from his work, Responsibility Incorporated. Part Two contains the Q&A session following the speaker and discussant.

    The Rise and Embedding of the Corporation Part I

    Play Episode Listen Later Oct 27, 2011 30:19


    Part One: Walter Licht and Randall Collins of the University of Pennsylvania discuss the historical context and evolution of the corporation.

    The Rise and Embedding of the Corporation Part II

    Play Episode Listen Later Oct 27, 2011 79:10


    Part Two: Walter Licht and Randall Collins of the University of Pennsylvania discuss the historical context and evolution of the corporation. Part Two contains the Q&A session following the speaker and discussant.

    Opening Event: Can the For-Profit Corporation Be a Good Citizen?

    Play Episode Listen Later Sep 15, 2011 88:14


    In his first annual message to Congress in 1901, President Roosevelt proclaimed: "Great corporations exist only because they are created and safeguarded by our institutions; and it is theorefore our right and our duty to see that they work in harmony with those institutions." In the aftermath of Enron, the BP oil spill, and revelations about the role of Wall Street in the recent financial collapse, what steps can be taken to insure that for-profit business corporations act in harmony with democratic ideals of modern nations? How can we best insure that successful corporations are also good citizens?

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