Economics
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Possessive individualism has acquired a profound grip on contemporary political thought and action—on daily life—because it relies on a number of economic notions that now constitute our civic religion. Central concepts of that creed—efficiency, rational choice, market exchange as an arena of liberty and autonomy, consumer sovereignty, price as a measure of value, assertions of aggregate well-being—are accepted as irrefutable truths that insulate them from serious challenge. These core attributes of contemporary economics are misleading and generally false. Recent efforts to attribute civic virtues to markets are incoherent.
2008 ◽
Vol 16
(3)
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pp. 146-149
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2005 ◽
Vol 4
(3)
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pp. 141
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2021 ◽
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