Octavian-Dragomir Jora

Professor, Ph.D., Habil., at the Bucharest University of Economic Studies, where he has cultivated and developed interests in comparative economic systems, critical/creative thinking, and geo-politics/geo-economics of cultures and civilisations. Dr. Jora is involved in epistemic communities – i.e., board member of the Romanian Economic Society, the Research Center in International Business and Economics, etc. Recently, he received the Woodrow Wilson Scholarship from the Romanian Cultural Institute for research conducted in Washington, D.C., United States of America. He is (co-)author of numerous scientific works (100+ titles), as well as of journalistic op-eds, essays, pamphlets (1000+ titles), his works being distinguished over time with plentiful and prestigious scholarly and mass-media awards. Also, dr. Jora is editor-in-chief of the Œconomica journal and founder editor of The Market for Ideas pop-science magazine (Curriculum Vitae)

CAPITOL LETTERS (Ep. 1): Industrial Revolutions

Industrial Revolutions (IR) are manifestations of the delightful concept of “creative destruction” (J. Schumpeter). This means destroying the useless as a force of creation for the useful, not vice versa, that is being creative in destroying. Destruction qua creation is about capitalising and making the most of resources, whereas creativity in destruction sooner resembles blunt vandalism (war, for instance, is creative in its nihilistic annihilation). Apparently, an IR is like TV: it isn’t necessary to understand how it works, what matters is to have the remote at the ready. However, some economists and historians continue to fiddle with the explanatory and predictive mechanism of a phenomenon that has already reached its fourth generation. Thus, for IR 1.0 (manufactured by the British), the main contributing factors identified were cheap energy and somewhat improved wages, coupled with metropolitan freedoms and the extortion of colonies, or perhaps the establishment of a general climate of “bourgeois equality” (D. McCloskey), where the ideas of common people could be expressed and experimented with free from the tyranny of statutes. Debates remain vivid here. More

CAPITOL LETTERS (Ep. 0): New World Orders

Octavian-Dragomir Jora

When we speak of “order” where the international system is concerned (international relations, to be precise), the discussion gives the impression of value-neutrality, in the same vein as the scientific approach to a problem. However, the minute we enclose this word in the syntagma “new world order”, there is a distinct feeling of veering into vain gossip and idle chatter. Thus, there are conspiracies, occult and confined to tenebrous spaces, away from common decency, standing opposite the rigorous, refined academic thinking that inhabits the halls of universities. Such rhetorical pedantry cannot, however, rule out the raw fact that human society, beyond the intensiveness and extensiveness of the (hierarchical and/or anarchical) relations between humans, seeks order (including “novel” and “worldly” ones), and not just any kind of order, but that order in which we are creative, proactive architects instead of passive artefacts. To this end, we employ tangible or symbolic means, be they transparent or opaque, genuine or deceitful. And politicians, who enact this (dis)order as per their (ir)responsibility, are far from being accused of a lack of ambidexterity (as they are naturally born “on the one hand… and on the other hand…” cynical calculators). More

The Earthly Algorithms of the Heavenly Affairs

Octavian-Dragomir Jora

The papal institution opens up the road to redemption for more than 1.200 million Roman-Catholics – that is for the so-called “Western Christianity” –, according to Vatican statistics. Through its doctrine of closeness to God, far and away from any canonical schisms, the Holy See inspires all Christianity, pervasively radiating to all hemispheres, over other distinct cults as well. The fact is that to be able to order the immanent chaos while indulging your mind to wander with the transcendent is a tough penance. Even if you have adhered to your faith wholeheartedly, the spiritual stakes were and are under assail by the modern-version-of-Canaan capitalist hedonism (now called insatiable consumerism), by the anti-social socialism (now dead, but still not buried), and by “welfare-warfare” statism (now, as ever, trying to divide and conquer, and command and control). The aforesaid progenitors of the human “fallen existence” have declared foreclosure on the most valuable assets of the life we lead, all except for the “perceivable physical” biases. The pitfalls looming ahead of all our mundane trespasses, entailed by the very nature of the interaction with our own kind, tarnished as that may be, are lurking as far as the eye can see, even what we now call in vernacular the supreme “consultancy” and “governance”: namely, the one covering the “salvation of our souls”. All human beings, with all their burning passions, are, since the beginning of times, fumbling in the dark to find their way to reach Him. And the mission is not easier even for His most faithful servants. As the supreme pontiffs, the Bishops of Rome, are (supposed to be). More

Faux Treaty on Witch-Hunting

Octavian-Dragomir Jora

“Russia has invaded Ukraine! Russia must be punished!” Thus goes the most commonly expressed sentiment these days, postulating an imperative that seems, however, by far easier said than done. “Economically, politically”, the speech then emphatically continues, “...and militarily” in a rather light whisper. Yet, even if we were to content ourselves with “verba” without moving further to “facta”, a heady operational riddle is evident to those who pay close attention to the words being used (said usage being, in itself, a factum as much as an intended expression of facts). Which Russia are we referring to? All of Russia? Should V.V. Putin, the “ringleader” who originated this crisis, be condemned before anything and anyone else? Should we also not punish the (active and passive) accomplices of the now infamous head of state: the apparatchiks (who fill the ranks of the country’s political leadership); the oligarchs (from the pseudo-private business); the state-serving intelligentsia (with both its academic and artistic branches)? Maybe sanction the Russian nation itself, for surely it has democratically legitimized the tyrant, either involuntarily (through ignorance) or voluntarily (through deluded conviction)? Why not the Russian culture altogether, with its departed and unborn, since the racketeers have the same unhealthy origins as the Karamazov brothers and poor Karenina? More

Long Live Europe!

Octavian-Dragomir Jora, Dumitru Miron

European Union remains one profoundly unaccomplished political project for too many reasons. Despite a continuous external growth, since the inception, and internal maturation, it was not able to fill entirely the “real estate” of the cultural habitat which – by both stretches of the mind and grace of geography – was and is considered to represent the whole (and holy) Europe: the Norwegians and the Swiss were not seduced by the “tender offer” Brussels displayed towards them, though they are solid parts of the continent’s historical trunk either in its “heroic” (the Viking expeditions by sea) or in its “settled” (Europe’s inland highly celebrated democracy) epochs. Also, EU struggles to digest and metabolise some of the Central and Eastern European new-comers, while the Western Balkans, with the residual nation-states of the ex-Yugoslavian failed multinational union, seem, with the notable exception of Croatia, so “estranged” from Europe. More

The War Economy: Of Bits and Bobs

Octavian-Dragomir Jora

There are some key assertions which are axiomatic for the pureblood moralists and demonstrable for utilitarians, such as – “war means defeat even for the victors”, “war is the health of the state”, “peace between nations is inconceivable without limiting the power of states over their own nations”, “a durable order cannot be maintained by the sword”, “in a world of free trade and democracy, there are fewer temptations for war and conquest”. These do not exclude the need for an answer to the following question: “if we are to inevitably have war, how can it be waged rationally from an economic standpoint?”. War is the supreme immorality, - indisputable when it is a war of aggression, but also when it constitutes a hasty rejoinder -, but isn’t it also an immorality, of a lower degree, when it is waged with means that delay or hinder winning it in the most efficient/efficacious way for society? More

The Road to Sibiu, the Road to Wisdom

Octavian-Dragomir Jora

2018 found Romania celebrating a century of nation-state unity. 2019 finds Romania as the home of the European unity. A freely and firmly committed community of nations is one of the most delicate enterprises of mankind, one that up to now no empire has succeeded in preserving. The nation seemed the ultimate aggregate. But ration is the ultimate aggregator. More

Obelix Runs Away from Fiscalix

Octavian-Dragomir Jora, Mihaela Iacob

The “fear” of taxation dies hard. In 2013, Gerard Depardieu became a French “tax refugee” in the Russian Federation. Half a decade since then, he became a Russian tax debtor in the Russian Federation. In 2018, he was listed in Russia’s Federal Court Marshals Service database as owing taxes in Saransk (the capital of Mordovia, somewhere in “Yevropeyskaya Rossiya”), where he was registered. More

Three Unions in a (Life)Boat

Octavian-Dragomir Jora

The unions of states, in their either federalist or inter-governmental setting, are portrayed in economics and political science literature, by certain scholars and pundits, as quasi-romantic stories and, by others, as purely-cynical undertakings: they are, for the first, expressions of common destinies, while for the second, mere cartels of political exploitation. Though, beyond charitable or circumspect translation of state gatherings, the undeniable facts are that the state, as an organization of humans, has a maximizing logic and that this logic is exercised as the monopoly of (legitimate?) violence with the privilege of (unconsented?) expropriation, by taxation, regulation and inflationary redistribution of purchasing power. The maximization logic of the state (apparatus) – rightly de-homogenized from the rest of society – leads to a triple choice: to increase domestic exploitation, to expand abroad, or both. More

“America’s Subprime-acy” in Retrospect

Octavian-Dragomir Jora

Almost ten years have passed since the first symptoms of America’s subprime crisis emerged, yet the lessons of the “age of turbulence” remained unabsorbed by the great public. People devoured semi-explanations imputing the crisis to epidemics of greed and/or stupidity, ignoring the white elephant in the room: the flawed design of the modern finance & banking system. More

Farewell, Camil!

Octavian-Dragomir Jora

I met Camil Aurelian Petrescu as if in a revelation: it was not only the scent of the novels and plays of his well-known father, which I had read long time ago, that hit me then; it was not only the scent of freedom that he brought back home from his beloved America to his beloved Romania that I inhaled then; it was simply the scent of a vividly beautiful mind and of a imperturbably good soul. More

A Kingdom in Heaven, a Serfdom on Earth

Octavian-Dragomir Jora

When states become “more sovereign” than human persons and their property rights, when the positive law outweighs the natural one, when people become peoples before being free, here is a question we might ask: will there ever be peace in a land that is so holy for so many, who, by the machinations of the politics of warmongers, arrive at hating each other with such undisguised anger? More