By Christian Arnsperger
This booklet asks how a extra freeing economics may be built and taught. It means that if economists at the present time are eager about emancipation and empowerment, they're going to need to seriously change their belief approximately what it potential for a citizen to behave rationally in a posh society.
Read or Download Critical Political Economy: Complexity, Rationality, and the Logic of Post-Orthodox Pluralism PDF
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Additional info for Critical Political Economy: Complexity, Rationality, and the Logic of Post-Orthodox Pluralism
Example text
Such an answer, however, assumes something which, to my mind, cannot be assumed, namely that each user of a theory is always and everywhere free not to use it. This is especially inappropriate in the case of economics students. More often than not, they are in a position where what is presented by the instructor is compulsory. For instance, they may have to study models of market economies whether or not they themselves are favorable to markets. They may have to study models of wage labor even if they themselves are favorable to cooperatives or to self-employment.
Should we not see it as yet another sign of the ‘‘conservatism’’ allegedly pervading a substantial portion of mainstream economics profession, making it one of the strongholds of ‘‘anti-politics’’ about which so much has been written in recent years (see, for example, Bourdieu 1998, 2000a; Sapir 2002; or Dezalay and Garth 2002)? I don’t think this is the correct view of things. I want to suggest something different. Mainstream economists are, often unwittingly, using theoretical concepts and tools that make it impossible for them to speak coherently about the emancipation of sections of the population that are dissatisfied with the existing economy.
Moreover, there is always a substantial lag between front-line research and ground-level teaching, as well as everyday political debates. Therefore, ‘‘Economics 101’’ reasoning is still widely used both by scholars and by educated citizens (including philosophers) when they want to speak out on normative social issues such as, for instance, the optimality of taxation or the link between markets and freedoms. Although conceptually outdated on various counts, standard neoclassical economics is still heuristically influential.