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Inventing the Market : Smith, Hegel, and Political Theory by Lisa Herzog (2013, Hardcover)
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About this product
Product Identifiers
PublisherOxford University Press, Incorporated
ISBN-100199674175
ISBN-139780199674176
eBay Product ID (ePID)160077422
Product Key Features
Number of Pages344 Pages
LanguageEnglish
Publication NameInventing the Market : Smith, Hegel, and Political Theory
SubjectMarketing / General, Individual Philosophers, General, Political, Economics / Theory
Publication Year2013
TypeTextbook
AuthorLisa Herzog
Subject AreaPhilosophy, Political Science, Business & Economics
FormatHardcover
Dimensions
Item Height0.7 in
Item Weight17.6 Oz
Item Length9.4 in
Item Width6.4 in
Additional Product Features
Intended AudienceScholarly & Professional
LCCN2012-277495
Reviews'The author's philosophical approach, which stands in contrast to how economic theory is practised nowadays, is precisely what makes the book interesting ... Inventing the Market clearly is an excellent piece of scholarly effort as the various prizes won by Herzog for this work confirm.'--The LSE Review of Books, "The author's philosophical approach, which stands in contrast to how economic theory is practised nowadays, is precisely what makes the book interesting ...Inventing the Market clearly is an excellent piece of scholarly effort as the various prizes won by Herzog for this work confirm." --The LSE Review of Books "Throughout the book, Herzog deftly incorporates a variety of voices from contemporary political theory, sociology, and economics. Her range is quite impressive, as is her ability to bring these classic texts into discussion without compromising the quality of the historical scholarship. The analysis of Smith and Hegel is excellent throughout, and the application of the two helps us think about these old problems in new and productive ways." --Notre Dame Philosophical Reviews, The authors philosophical approach, which stands in contrast to how economic theory is practised nowadays, is precisely what makes the book interesting ... Inventing the Market clearly is an excellent piece of scholarly effort as the various prizes won by Herzog for this work confirm.
Dewey Edition23
Dewey Decimal381.01
Table Of ContentAcknowledgementsAbbreviations of Works by Adam Smith and G. W. F. Hegel1. Introduction: In Search of 'The Market'2. Smith's Construction of the Market: Nature's Wise Contrivances3. Hegel's Construction of the Market: The 'Relics of the State of Nature'4. The Self in the Market: Identity and Community5. Justice in the Market6. Freedom, Freedoms, and the Market7. The Market in HistoryBibliographyIndex
SynopsisInventing the Market explores two paradigms of the market in the thought of Adam Smith and G.W.F. Hegel, bridging the gap between economics and philosophy, it shows that both disciplines can profit from a broader, more historically situated approach to the market., Inventing the Market: Smith, Hegel, and Political Theory analyses the constructions of the market in the thought of Adam Smith and Georg Wilhelm Friedrich Hegel and discusses their relevance for contemporary political philosophy. Combining the history of ideas with systematic analysis, it contrasts Smith's view of the market as a benevolently designed 'contrivance of nature' with Hegel's view of the market as a 'relic of the state of nature.' The differences in their views of the market are then connected to four central themes of political philosophy: identity, justice, freedom, and history. The conceptualization of the labour market as an exchange of human capital or as a locus for the development of a professional identity has an impact on how one conceptualizes the relation between individual and community. Comparing Smith's and Hegel's views of the market also helps to understand how social justice can be realized through or against markets, and under what conditions it makes sense to apply a notion of desert to labour market outcomes. For both authors, markets are not only spaces of negative liberty, but are connected to other aspects of liberty, such as individual autonomy and political self-government, in subtle and complex ways. Seeing Smith's and Hegel's account of the market as historical accounts, however, reminds us that markets are no a-historical phenomena, but depend on cultural and social preconditions and on the theories that are used to describe them. The book as a whole argues for becoming more conscious of the pictures of the market that have shaped our understanding, which can open up the possibility of alternative pictures and alternative realities., Inventing the Market: Smith, Hegel, and Political Theory analyses the constructions of the market in the thought of Adam Smith and Georg Wilhelm Friedrich Hegel and discusses their relevance for contemporary political philosophy. Combining the history of ideas with systematic analysis, it contrasts Smith's view of the market as a benevolently designed "contrivance of nature" with Hegel's view of the market as a "relic of the state of nature." The differences in their views of the market are then connected to four central themes of political philosophy: identity, justice, freedom, and history. The conceptualization of the labour market as an exchange of human capital or as a locus for the development of a professional identity has an impact on how one conceptualizes the relation between individual and community. Comparing Smith's and Hegel's views of the market also helps to understand how social justice can be realized through or against markets, and under what conditions it makes sense to apply a notion of desert to labour market outcomes. For both authors, markets are not only spaces of negative liberty, but are connected to other aspects of liberty, such as individual autonomy and political self-government, in subtle and complex ways. Seeing Smith's and Hegel's account of the market as historical accounts, however, reminds us that markets are no a-historical phenomena, but depend on cultural and social preconditions and on the theories that are used to describe them. The book as a whole argues for becoming more conscious of the pictures of the market that have shaped our understanding, which can open up the possibility of alternative pictures and alternative realities.
LC Classification NumberHF1008
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