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: Paperback / softback
Length: 78 pages
Publication date: 29 January 2024
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 contemporary mainstream economics. It highlights the ongoing debates and discussions within the field, emphasizing the dynamic and evolving nature of economic thought.

In conclusion, Mapping Mainstream Economics: Genealogical Foundations of Alternativity makes a substantial contribution to the literature on the debates surrounding mainstream, alternative, and heterodox economics. By adopting a genealogical approach, the book provides a nuanced understanding of the historical roots and evolution of the economic mainstream, enabling readers to appreciate the diversity of economic perspectives and explore alternative approaches to economic analysis and policy.

Weight: 453g
Dimension: 216 x 138 (mm)
ISBN-13: 9781032262208