The Cult of the Market: Economic Fundamentalism and Its Discontents"'The Cult of the Market: Economic Fundamentalism and its Discontents' disputes the practical value of the shallow, all-encompassing, dogmatic, economic fundamentalism espoused by policy elites in recent public policy debates, along with their gross simplifications and sacred rules. Economics cannot provide a convincing overarching theory of government action or of social action more generally. Furthermore, mainstream economics fails to get to grips with the economic system as it actually operates. It advocates a more overtly experimental, eclectic and pragmatic approach to policy development which takes more seriously the complex, interdependent, evolving nature of society and the economy. Importantly, it is an outlook that recognises the pervasive influence of asymmetries of wealth, power and information on bargaining power and prospects throughout society. The book advocates a major reform of the teaching of economics"--Provided by publisher. |
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Page 36
... Ibid. 88 Gray 1998. Thompson 1963. http://dspace.dial.pipex.com/town/terrace/adw03/c-eight/pitt/repress.htm#comb 57 58 59 60 61 62 63 64 65 68 69 70 71 72 73 74 75 76 77 78 79 80 82 85 89 90 91 Fortunately, juries refused to find them ...
... Ibid. 88 Gray 1998. Thompson 1963. http://dspace.dial.pipex.com/town/terrace/adw03/c-eight/pitt/repress.htm#comb 57 58 59 60 61 62 63 64 65 68 69 70 71 72 73 74 75 76 77 78 79 80 82 85 89 90 91 Fortunately, juries refused to find them ...
Page 37
... Ibid. and Keynes 1926. Keynes 1926. 109 Ibid. 110 Thomson 1963. Seligman 1992, p. 116. Hobsbawm 1990. Woodham-Smith 1992, pp. 54–5. Blair 1997, cited in Kinealy 2002, p. 1. Cited at http://www.rootsweb.com/~irlker/famemig.html and again ...
... Ibid. and Keynes 1926. Keynes 1926. 109 Ibid. 110 Thomson 1963. Seligman 1992, p. 116. Hobsbawm 1990. Woodham-Smith 1992, pp. 54–5. Blair 1997, cited in Kinealy 2002, p. 1. Cited at http://www.rootsweb.com/~irlker/famemig.html and again ...
Page 69
... Ibid. and Crotty 1998. 17 Brown 1988. 18 Berger and Luckmann 1971, pp. 36, 51–2. 19 Fleck 1979, p. 42. 20 Carruthers 1990. 21 Goodman 1968. 22 Wittgenstein 1951. 23 Whorf 1967, p. 256. 24 Ibid., p. 216. 25 Wittgenstein 1978. 26 Lakoff ...
... Ibid. and Crotty 1998. 17 Brown 1988. 18 Berger and Luckmann 1971, pp. 36, 51–2. 19 Fleck 1979, p. 42. 20 Carruthers 1990. 21 Goodman 1968. 22 Wittgenstein 1951. 23 Whorf 1967, p. 256. 24 Ibid., p. 216. 25 Wittgenstein 1978. 26 Lakoff ...
Page 70
... Ibid., p. 82. 82 Ibid., p. 121. 83 Ibid., p. 130. 84 Stark 1976. Stark 1978, p. 124. Llewellyn 1931–32. Stark 1978, p. 201. Stoicism was a school of Hellenistic philosophy, founded by Zeno of Citium (333–264 BC) in Athens, which became ...
... Ibid., p. 82. 82 Ibid., p. 121. 83 Ibid., p. 130. 84 Stark 1976. Stark 1978, p. 124. Llewellyn 1931–32. Stark 1978, p. 201. Stoicism was a school of Hellenistic philosophy, founded by Zeno of Citium (333–264 BC) in Athens, which became ...
Page 71
... Ibid. 98 Emmet 1966. 92 93 94 95 96 99 toleration of the physical and sexual abuse of children by. Cited in Gerth and Mills 1954. See Dunstan 1974; Emmet 1966. Cited in Flyvbjerg 2001. Lawson 2003. Downie 1972. 104 Ibid. 105 100 101 102 ...
... Ibid. 98 Emmet 1966. 92 93 94 95 96 99 toleration of the physical and sexual abuse of children by. Cited in Gerth and Mills 1954. See Dunstan 1974; Emmet 1966. Cited in Flyvbjerg 2001. Lawson 2003. Downie 1972. 104 Ibid. 105 100 101 102 ...
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The Cult of the Market: Economic Fundamentalism and Its Discontents Lee Boldeman No preview available - 2007 |
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action activity analysis approach argues associated assumed assumptions attempt Australian authority basis become behaviour belief Chapter choices claim competition complex concept concern conduct Consequently contemporary contract course created critical culture decisions described disciplines distinction doctrine dominant economic fundamentalism economists effect empirical Enlightenment example existence experience explain fact freedom fundamental historical human idea important Importantly individual influence institutions interests involved justify knowledge language leading limited live logical mathematical means mechanical metaphor moral natural neoclassical economics normative objective organisation particular philosopher physical political positive possible practical principles problems production question rational reality reason recent reflected relationships religious result role rules scientific seen sense shared simply social society stories structure suggests tells theoretical theory things thought tradition truth undermined understanding universal values
Popular passages
Page 123 - As every individual, therefore, endeavours as much as he can both to employ his capital in the support of domestic industry, and so to direct that industry that its produce may be of the greatest value ; every individual necessarily labours to render the annual revenue of the society as great as he con.
Page 63 - In such condition there is no place for industry, because the fruit thereof is uncertain, and consequently no culture of the earth, no navigation nor use of the commodities that may be imported by sea, no commodious building, no instruments of moving and removing such things as require much force, no knowledge of the face of the earth; no account of time, no arts, no letters, no society, and, which is worst of all, continual fear and danger of violent death, and the life of man solitary, poor, nasty,...
Page 43 - Language disguises thought. So much so, that from the outward form of the clothing it is impossible to infer the form of the thought beneath it, because the outward form of the clothing is not designed to reveal the form of the body, but for entirely different purposes. The tacit conventions on which the understanding of everyday language depends are enormously complicated.
Page 42 - The Western conception of the person as a bounded, unique, more or less integrated motivational and cognitive universe, a dynamic center of awareness, emotion, judgment, and action organized into a distinctive whole and set contrastively both against other such wholes and against its social and natural background...
Page 86 - The mode of production in material life determines the general character of the social, political and spiritual processes of life. It is not the consciousness of men that determines their existence, but, on the contrary, their social existence determines their consciousness.
Page 182 - In every system of morality which I have hitherto met with, I have always remarked that the author proceeds for some time in the ordinary way of reasoning, and establishes the being of a God, or makes observations concerning human affairs ; when of a sudden I am surprised to find that instead of the usual copulations of propositions is and is not, I meet with no proposition that is not connected with an ought or an ought not.
Page 123 - By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention, v Nor is it always the worse for the society that it was no part of it.
Page 115 - The wise and virtuous man is, at all times, willing that his own private interest should be sacrificed to the public interest of his own particular order or society.
Page ix - Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back.
Page 103 - How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it except the pleasure of seeing it.