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A Road Not Taken? A Brief History of Care in Economic Thought

John Davis

No 2019-02, Working Papers and Research from Marquette University, Center for Global and Economic Studies and Department of Economics

Abstract: Care is central to the human experience and part of the social provisioning process. Adam Smith recognized this, associating care with sympathy. Later contributions in the political economy tradition also provide scope for an analysis of care, but none as developed as Smith�s. With the emergence of the current mainstream, care is marginalized. Kenneth Boulding�s analysis provides an opportunity to interrogate care in the economy, but he fails to explicitly acknowledge care. It is left to feminist economics to highlight the centrality of care. An implication is that it challenges the conventional rubric of economic organization predicated on self-interest.

Keywords: care; Smith; feminist economics; Boulding; social provisioning (search for similar items in EconPapers)
JEL-codes: B10 B54 I00 Z00 (search for similar items in EconPapers)
Date: 2019-10
New Economics Papers: this item is included in nep-his, nep-hme, nep-hpe and nep-pke
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