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Against the new economic imperialism: some reflections.

Abstract:

Classical political economy recognised that what needed analysing, explaining, and acting on was an economic system inextricably linked to the wider political and social systems. Smith and Ricardo, as well as Marx, saw class and the distribution of income as key. Neoclassical economics replaced these social and collective categories with the individual consumer and the marginal product of labour as the fundamental analytical categories—the "political" having been discarded. Yet even one of th...

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Publisher copy:
10.1111/1536-7150.00163

Authors


Frank Wilkinson More by this author
Jonathan Michie More by this author
Christine Oughton More by this author
Journal:
American Journal of Economics and Sociology
Volume:
61
Publication date:
2002
DOI:
URN:
uuid:b86cce03-8bbd-4d29-a10f-a0632992f39d
Local pid:
oai:economics.ouls.ox.ac.uk:13839
Language:
English

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