Virtualism
A New Political Economy
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Estimated delivery time: In stock at the publisher, but not at Prospero's office. Delivery time approx. 3-5 weeks.
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Product details:
- Edition number 1
- Publisher Routledge
- Date of Publication 1 November 1998
- ISBN 9781859732373
- Binding Hardback
- No. of pages228 pages
- Size 234x156 mm
- Weight 444 g
- Language English
- Illustrations bibliography, index 0
Categories
Short description:
We live in a time of economic virtualism, whereby our lives are made to conform to the virtual reality of economic thought. Globalization, transnational capitalism, structural adjustment programmes and the decay of welfare are all signs of the growing power of economics, one of the most potent forces of recent decades.
MoreLong description:
We live in a time of economic virtualism, whereby our lives are made to conform to the virtual reality of economic thought. Globalization, transnational capitalism, structural adjustment programmes and the decay of welfare are all signs of the growing power of economics, one of the most potent forces of recent decades. In the last thirty years, economics has ceased to be just an academic discipline concerned with the study of economy, and has come to be the only legitimate way to think about all aspects of society and how we order our lives. Economic models are no longer measured against the world they seek to describe, but instead the world is measured against them, found wanting and made to conform.This profound and dangerous change in the power of abstract economics to shape the lives of people in rich and poor countries alike is the subject of this interdisciplinary study. Contributors show how economics has come to portray a virtual reality - a world that seems real but is merely a reflection of a neo-classical model - and how governments, the World Bank and the IMF combine to stamp the world with a virtual image that condemns as irrational our local social and cultural arrangements. Further, it is argued that virtualism represents the worrying emergence of new forms of abstraction in the political economy, of which economics is just one example.
MoreTable of Contents:
Introduction, 1 Abstraction in Western Economic Practice 2 The Triumph of Economics; Or, 'Rationality' Can Be Dangerous to Your Reasoning 3 Abstraction, Reality and the Gender of' Economic Man' 4 Development and Structural Adjustment 5 Cash for Quotas: Disputes over the Legitimacy of an Economic Model of Fishing in Iceland 6 The Transnational Capitalist Class 7 Virtual Capitalism: The Globalisation of Reflexive Business Knowledge Conclusion: A Theory of Virtualism
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