The Environmental Endgame: Mainstream Economics, Ecological Disaster, and Human Survival

By Robert L. Nadeau | Go to book overview

8
AN UNNATURAL RELIGION
The Telos of the Market Consensus

Free trade is the religion of our age. With its heaven in the global economy,
free trade comes complete with comprehensive analytical and philosophical
underpinnings. But in the final analysis, free trade is less an economic strategy
than a moral degree. Although it pretends to be value-free, it is fundamentally
value-driven.

DAVID MORRIS

The eighteenth-century authors of new narratives about democratic sys- tems of government and free-market economies posited the existence of two sets of natural laws that they viewed as ontologically equivalent to the laws of Newtonian physics. They assumed that one set of natural laws governed the movement and interaction of people in political reality and that another governed the movement and interaction of people in eco- nomic reality. Virtually all of these figures firmly believed that both sets of laws originated in the perfect mind of the Creator of the mechanistic universe. But they did not assume that the two sets of laws operate in con- cert, or that the existence of democratic governments was dependent on the preexistence or simultaneous development of what the French more accurately call laissez-faire market systems.

My intent in this chapter is to demonstrate that the market or Washing- ton consensus is predicated on this assumption and functions as a quasi- religious belief system. In this belief system, the primary article of faith is that the lawful or lawlike mechanism associated with the natural laws of economics will necessarily result in a new global order in which all eco- nomies will be free-market systems and all governments will operate in accordance with the principles of democratic capitalism. Later in this chapter, we will examine the origins of the market or Washington con-

-146-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
The Environmental Endgame: Mainstream Economics, Ecological Disaster, and Human Survival
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
/ 214

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.