Challenging the notion of individual sovereignty and market neutrality, this text re-evaluates the fundamental purpose of society and economics. It argues for a renewed emphasis on collective roles in social and economic life, highlighting the lack of a natural order that benefits all. By examining influential thinkers in the evolution of economic thought, the author critiques mainstream economics, questioning its effectiveness as a guiding framework for organizing society and the economy.
"The presumed sovereignty of individuals and the facilitating powers of the markets have generated a universal and ethically neutral conception of both social and economic organisation. This ground-breaking text re-examines the purpose of society and the role of economics in it, arguing that the absence of a beneficial natural order calls for the role of the collective in social and economic life to be revisited. Drawing on some key figures marking milestones in the evolution of social and economic thinking, the author offers a critique of mainstream economics as a way of thinking and as a provider of guiding principles for economic and social organisation. Volume I introduces the reader to the emergence of natural order; considers the internal logic of economics and how it managed to be so persuasive in its recommendation for competitive interactions to govern all aspects of social life in all societies and across them; demonstrates that the economic conception of an order which solves society's economic problem is, in fact, an impossibility that turns the natural phenomenon of markets into a problem rather than an ideal; and, addresses the other apparent appeal of markets: their association with the ideas of freedom and justice. This is a bold and foundational new work that offers an original and innovative perspective on economics and its challenges, addressing core areas such as behavioural economics, evolutionary game theory and links between social sciences (anthropology, philosophy) and neurosciences." [source : 4e de couv.]
Offering a thorough introduction to the essential principles of economics, this textbook emphasizes the logical foundations of economic analysis. It equips students with the tools to apply economic theories and models to real-world scenarios, making complex concepts accessible and relevant. The content is designed to challenge and engage learners, ensuring a solid understanding of the subject matter.