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For almost twenty years, the 'Free Market' has been a central feature of public debate in the West, Eastern Europe and elsewhere. In the name of the Market and its supposed benefits, governments and international agencies have imposed massive changes on peoples' lives.Curiously, scholars have paid ...

For almost twenty years, the 'Free Market' has been a central feature of public debate in the West, Eastern Europe and elsewhere. In the name of the Market and its supposed benefits, governments and international agencies have imposed massive changes on peoples' lives.Curiously, scholars have paid little attention to the ways that the idea of the Market is invoked, to what it might mean and how it is being used. This book helps correct that state of affairs. Focusing on the United States, where the Market model is strongest, authors analyze portrayals of the Market, its values and the people within it, as a way of teasing out its assumptions and contradictions. They also describe extensions and practical applications of the Market model in policy-making in the United States and in explaining how firms work, show its political strengths and conceptual limitations.In bringing rigor and sustained critical analysis to a topic of growing global significance, this truly interdisciplinary study represents a coherent and incisive contribution to anthropology, sociology, politics, history and economics, as it challenges these disciplines to come to grips with one of the most potent cultural symbols of postmodernity.

In this hard-hitting but measured and carefully reasoned book, Burke contends that the economic marketplace should be completely free from government regulation, except for third-party effects, such as the environment. No Harm illuminates the economic issues with insightful emphasis on the moral ...

In this hard-hitting but measured and carefully reasoned book, Burke contends that the economic marketplace should be completely free from government regulation, except for third-party effects, such as the environment. No Harm illuminates the economic issues with insightful emphasis on the moral dimension. Using the Principle of Mutual Benefit and the Principle of No Harm, both developed in much detail, together with an analysis of the concept of causality, Burke shows it is a requirement of justice that governments allow buyers and sellers the freedom to make whatever agreements they wish, so long as they do not harm others. The most plausible explanation for the economic problems besetting America, is that they stem from essentially the same cause as that which brought about the demise of the Soviet Union: excessive governmental intervention in economic life. The remedy prescribed from that diagnosis would be a completely free market, a laissez-faire economy, freedom of contract. But American opinion makers reject this view because of its ethical implications. No Harm makes the case that market freedom is a requirement of sound ethics. As Fred Miller responded, "Burke offers compelling arguments that the free market is not only more efficient, but is morally superior to central planning and regulation". No Harm fulfills the need to ground the free market economy in ethics and philosophy.

The three dominant forces shaping societies and economies around the world are globalization, privatization, and liberalization. Because these processes are interrelated, they must be addressed collectively. The contributors to the volume show that globalization, privatization, and liberalization ...

The three dominant forces shaping societies and economies around the world are globalization, privatization, and liberalization. Because these processes are interrelated, they must be addressed collectively. The contributors to the volume show that globalization, privatization, and liberalization are multidimensional phenomena that impact not only the economic considerations of governments, but also the sociocultural and environmental aspects of societies. The three phenomena also affect these units of analysis-- which Rao and his colleagues identify as regional, country, industrial, and organizational. The result is a cogent discussion of these powerful global forces, for the academic community, professionals in economic development, banking, finance, international investment, and global commerce.