Mapping Mainstream Economics: Genealogical Foundations of Alternativity

Mapping Mainstream Economics: Genealogical Foundations of Alternativity establishes a definition of mainstream economics and the alternatives to it through a genealogical approach, tracing the methodological development of the discipline through four major transformations. It explores the key points of departure for each transformation and discusses the relation between mainstream economics and two alternatives, ecological economics and degrowth. The book contributes to the literature on the debates around the state and nature of mainstream, alternative, and heterodox economics.

Format: Hardback
Length: 78 pages
Publication date: 27 May 2022
Publisher: Taylor & Francis Ltd

Mapping Mainstream Economics: Genealogical Foundations of Alternativity aims to establish a comprehensive definition of mainstream economics and its alternatives through a genealogical approach. By tracing the methodological development of the economic mainstream through its historical roots, the book seeks to define the mainstream independently of politically charged categories or gridlocked academic arguments between established schools of thought.

The book unfolds the evolution of the economic mainstream through four significant transformations: from political to analytical economics, the debates surrounding logical empiricist economics, the consolidation of neoclassical economics, and the recent expansion of the mainstream. Each of these stages is explored in depth, with key points of departure illuminated through the work of prominent authors of the time. By drawing on recent research from the history of economic thought and engaging in debates about the crucial role of historic concepts of economics for alternativity within the field, the book offers a practical application of the approach.

To implement the genealogical approach, the book examines the relationship between contemporary mainstream economics and two alternative perspectives: ecological economics and degrowth. It explores how these alternatives challenge and complement the mainstream, shedding light on their respective contributions to understanding economic systems and promoting sustainable development.

Furthermore, the book reflects on recent exciting developments in the discourse on alternativity and identifies some distant relatives of today's mainstream. It contributes significantly to the literature on the debates surrounding the state and nature of mainstream, alternative, and heterodox economics.

In conclusion, Mapping Mainstream Economics: Genealogical Foundations of Alternativity provides a valuable exploration of the historical roots and methodological development of mainstream economics, offering a fresh perspective on the alternatives to the mainstream. By adopting a genealogical approach, the book contributes to the ongoing debates about the state and nature of economics and promotes a more nuanced understanding of economic systems and their potential for transformation.

Weight: 320g
Dimension: 216 x 138 (mm)
ISBN-13: 9781032262192