The economy of hope

Hirokazu Miyazaki

Chapter 3 in Elgar Encyclopedia of Economic Anthropology, 2025, pp 105-108 from Edward Elgar Publishing

Abstract: How does hope enter economic anthropology? Hope has recently been introduced into economic anthropology and broader socio-economic research as an analytical tool to examine issues of scarcity, inequality, and domination in a new critical light. But what is hope? Hope as a concept has an economy of its own. Hope consists of competing components, including its opposites, such as fear and disappointment. Hope can be active or passive, good or bad, prospective or retrospective. These layers of internal tension, and the labor of ethical deliberation that hope demands, ultimately push hope into the space in between, where it serves as a virtue, an ethical anchor for discernment. The economy of hope, in this double sense, offers the possibility of re-grounding economy and economic logics in a realm of ethics.

Keywords: Scarcity; Inequality; Political economy; Monetary policy; Play; Japan (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035312566
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