 Economics for substantive democracyReview of Social Economy, 2016, vol. 74, issue 4, 369-389 Abstract: In this paper, I sustain that the discourse of economics has become one of the most substantial contributors to the erosion of the democratic ideal. The first argument used in this case against economics concerns its attempt to be considered a neo-naturalistic science; the second, the fact that economics considers democracy contradictory to the expression of its scientific rationality and; the third, the fact that economics crowds out people from decision-making processes by pushing them into the hands of experts. Because partisan political programmes have essentially become economic programmes, economics should contribute to substantive democracy. In order to do so, an alternative discourse to mainstream economics must be proposed. An economics favourable to substantive democracy should, thereby, be political rather than naturalistic, pluralist rather than monist and, instead of crowding out people from decisions processes, should aim at the co-production of economic knowledge with those concerned by the outcome of economic decisions. Date: 2016 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:rsocec:v:74:y:2016:i:4:p:369-389 Ordering information: This journal article can be ordered from DOI: 10.1080/00346764.2016.1171382 Access Statistics for this article Review of Social Economy is currently edited by Wilfred Dolfsma and John Davis More articles in Review of Social Economy from Taylor & Francis Journals |
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