Stephen A. Marglin is Walter Barker Professor of Economics at Harvard University.
Marglin's demonstration of the relationship between mainstream
economics and the destruction of communities is seductive,
convincing, and well documented.--Danny Lang"Irish Times"
(03/24/2008)
This is an exceptionally learned, uncompromisingly contrarian
critique ofmarkets and economics by a member of the Department of
Economics at Harvard University. Stephen Marglin emphasizes the
costs of market transactions and blames economics for supplying the
associated frame of reference. "The Dismal Science" is patently the
result of a lifetime of reading and cogitating about conceptual
issues related to market exchanges and economists' approaches to
them. Some historical background is given but what is mainly
offered is extended commentary on the history of thought and on
everyday practice.--Eric Jones "EH.NET "
Stephen Marglin makes a powerful and convincing argument for how
thinking like an economist undermines community. Suddenly, the
choices of those who reject global capitalism seem far more
reasonable, because the globalization of capital brings with it the
economistic thinking that destroys local values, forcing us to
choose between material prosperity and spiritual health. Yet this
tension is made invisible by a pseudo-universal ideology about
human nature. Marglin thus provides a persuasive foundation for the
Politics of Meaning.
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