The Discreet Charm of Economic Growth Part II The Making of an Overriding Preference eBook Robert Balthazar
Download As PDF : The Discreet Charm of Economic Growth Part II The Making of an Overriding Preference eBook Robert Balthazar 
Is economic activity the spontaneous playing out of individual preferences with respect to consumption and leisure? Or, approaching the question from a somewhat different angle, are modern societies committed to a neutral stance between these two goods? “The Discreet Charm of Economic Growth” confronts the ingenuous answers that today’s conventional wisdom has to offer. An analysis of the public debates occasioned by the recent Great Recession and its unsatisfactory aftermath stands for the point of departure of this inquiry. In search of the ideological constructs recognizable in the watermark of these discussions, Robert Balthazar first turns to a genealogical investigation within economic science and, in Part II, surveys a highly eclectic interdisciplinary discussion centered on the paramountcy of economic growth. At times ironic, oftentimes relying on contrarian insights, this inquiry attempts to seize the making of an overriding preference for economic maximalism.
The Discreet Charm of Economic Growth Part II The Making of an Overriding Preference eBook Robert Balthazar
An incredibly astute and refreshingly well written analysis of our current, post-recession, but perhaps also post-growth predicament - a must-read for everyone interested in economics, social studies and the fate of late capitalism. Although focusing mainly on the most developed economies of the West, the book succeeds in making an impressive tour de force in search of the intellectual motives and presuppositions underlying our persistent belief in the necessity and desirability of economic growth at all costs. The first part opens with a sharp dissection of the mainstream discourse on the most recent economic crisis in the US and in Europe, before diving into a genealogical attempt at examining the ambiguities inherent in major economic theories, where today's perplexities seem to originate. This second part broadens the horizon, and analyses various approaches belonging to the broad field of historical and social studies, in order to identify some of the main arguments in the debate about the societal meaning and implications of economic growth. Framed in the language of individual preferences and individual autonomy, the book shows that liberal (or "neo-classical") economic theory, far from entailing a commitment to assiduous labour and sustained activity under all circumstances, is actually compatible, or at present perhaps even demands an increase in leisure at the expense of foregone growth. It is rather social and political pressure, institutional design and an obsolete notion of morality reminiscent of Weber's Protestant Ethics that push us towards ever more consumption and labour. An unsettling conclusion with important political and intellectual implications.Product details
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The Discreet Charm of Economic Growth Part II The Making of an Overriding Preference eBook Robert Balthazar Reviews
Great book for anyone interested in heterodox economic theories. Or for anyone interested in a heterodox interpretation of otherwise quite mainstream economic theories. Very interesting account of the ties between modern economics and ideology. The historical references are most of the time edifying. I equally liked the discussion about the relationship between economics and the other social sciences. Easy to read despite what might seem to be a dry subject.
An incredibly astute and refreshingly well written analysis of our current, post-recession, but perhaps also post-growth predicament - a must-read for everyone interested in economics, social studies and the fate of late capitalism. Although focusing mainly on the most developed economies of the West, the book succeeds in making an impressive tour de force in search of the intellectual motives and presuppositions underlying our persistent belief in the necessity and desirability of economic growth at all costs. The first part opens with a sharp dissection of the mainstream discourse on the most recent economic crisis in the US and in Europe, before diving into a genealogical attempt at examining the ambiguities inherent in major economic theories, where today's perplexities seem to originate. This second part broadens the horizon, and analyses various approaches belonging to the broad field of historical and social studies, in order to identify some of the main arguments in the debate about the societal meaning and implications of economic growth. Framed in the language of individual preferences and individual autonomy, the book shows that liberal (or "neo-classical") economic theory, far from entailing a commitment to assiduous labour and sustained activity under all circumstances, is actually compatible, or at present perhaps even demands an increase in leisure at the expense of foregone growth. It is rather social and political pressure, institutional design and an obsolete notion of morality reminiscent of Weber's Protestant Ethics that push us towards ever more consumption and labour. An unsettling conclusion with important political and intellectual implications.
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