Daniel W. Bromley, Possessive individualism: a crisis of capitalism, Oxford University Press, 2019

Franklin Obeng-Odoom ()
Additional contact information
Franklin Obeng-Odoom: Global Development Studies and Helsinki Institute of Sustainability Science, University of Helsinki, Finland

Evolutionary and Institutional Economics Review, 2022, vol. 19, issue 2, No 11, 738 pages

Abstract: Abstract Daniel W. Bromley’s new book: Possessive Individualism: A Crisis of Capitalism (2019) must be read by all institutional and evolutionary economists. The book’s history of economic thought is occasionally imprecise and its claims do not always demonstrate its treatise, itself sometimes light on empirical evidence, but, overall, Bromley’s new theory of possessive individualism provides a forensic diagnosis. It offers new explanations for the multiple crises of both capitalism and its economic ideology: neoclassical economics. The book’s call for community building as an antidote is compelling. The resulting hypotheses/research questions, among others, whether institutionalising cooperative individualism would evolve the good society is worth investigating. Evolutionary economists have a role to play in recovering this hope and, throughout the book, Bromley shows how.

Keywords: Capitalism; Institutional economics; Political economy; Institutions; B15; P. 12; P.16 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s40844-022-00238-4 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:eaiere:v:19:y:2022:i:2:d:10.1007_s40844-022-00238-4

Ordering information: This journal article can be ordered from
https://www.springer ... theory/journal/40844

DOI: 10.1007/s40844-022-00238-4

Access Statistics for this article

Evolutionary and Institutional Economics Review is currently edited by Kiichiro Yagi, Yuji Aruka and Takahiro Fujimoto

More articles in Evolutionary and Institutional Economics Review from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().