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The Perverse Economy: The Impact of Markets on People and the Environment
     

The Perverse Economy: The Impact of Markets on People and the Environment

by M. Perelman
 

ISBN-10: 1403962715

ISBN-13: 9781403962713

Pub. Date: 01/20/2004

Publisher: Palgrave Macmillan US

The purpose of this book is to call for a wholesale rethinking of the way that markets treat both the labor and natural resources on which we all depend. It reveals how formal economic analysis justifies self-defeating policies that encourage wanton use of the environment and callous abuse of the least advantaged laborers. From Adam Smith to the present day, economic

Overview

The purpose of this book is to call for a wholesale rethinking of the way that markets treat both the labor and natural resources on which we all depend. It reveals how formal economic analysis justifies self-defeating policies that encourage wanton use of the environment and callous abuse of the least advantaged laborers. From Adam Smith to the present day, economic theory has shortchanged the workers most crucial to the functioning of human life and offered skewed views of scarcity and extraction. Michael Perelman will show how this approach has produced a discipline in which its followers' models and representations of the world around them are so removed from reality that continuing to abide by them would jeopardize both human capacities and nature itself.

Product Details

ISBN-13:
9781403962713
Publisher:
Palgrave Macmillan US
Publication date:
01/20/2004
Edition description:
2003
Pages:
217
Product dimensions:
5.51(w) x 8.50(h) x 0.02(d)

Table of Contents

Introduction1
1Adam Smith and the Farm Worker Paradox7
2Resources21
3Value79
4Patience119
5Environmental Efficiency133
6Back to the Farm Worker Paradox145
7A New Direction175
References185
Index207

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