Beschreibung The Illusion of Free Markets: Punishment and the Myth of Natural Order. It is widely believed today that the free market is the best mechanism ever invented to efficiently allocate resources in society. Just as fundamental as faith in the free market is the belief that government has a legitimate and competent role in policing and the punishment arena. This curious incendiary combination of free market efficiency and the Big Brother state has become seemingly obvious, but it hinges on the illusion of a supposedly natural order in the economic realm. The Illusion of Free Markets argues that our faith in Âfree markets has severely distorted American politics and punishment practices. Bernard Harcourt traces the birth of the idea of natural order to eighteenth-century economic thought and reveals its gradual evolution through the Chicago School of economics and ultimately into todayÂs myth of the free market. The modern category of Âliberty emerged in reaction to an earlier, integrated vision of punishment and public economy, known in the eighteenth century as Âpolice. This development shaped the dominant belief today that competitive markets are inherently efficient and should be sharply demarcated from a government-run penal sphere.This modern vision rests on a simple but devastating illusion. Superimposing the political categories of Âfreedom or Âdiscipline on forms of market organization has the unfortunate effect of obscuring rather than enlightening. It obscures by making both the free market and the prison system seem natural and necessary. In the process, it facilitated the birth of the penitentiary system in the nineteenth century and its ultimate culmination into mass incarceration today.
The Illusion of Free Markets: Punishment and the Myth of ~ The Illusion of Free Markets: Punishment and the Myth of Natural Order (English Edition) eBook: Harcourt, Bernard E.: : Kindle-Shop
The Illusion of Free Markets â Bernard E. Harcourt ~ The Illusion of Free Markets argues that our faith in âfree marketsâ has severely distorted American politics and punishment practices. Bernard Harcourt traces the birth of the idea of natural order to eighteenth-century economic thought and reveals its gradual evolution through the Chicago School of economics and ultimately into todayâs myth of the free market.
The Illusion of Free Markets: Punishment and the Myth of ~ The Illusion of Free Markets argues that our faith in âfree marketsâ has severely distorted American politics and punishment practices. Bernard Harcourt traces the birth of the idea of natural order to eighteenth-century economic thought and reveals its gradual evolution through the Chicago School of economics and ultimately into todayâs myth of the free market.
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The Great Transformation ~ Market and Man 171 15. Market and Nature 187 [vi] Contents 16. Market and Productive Organization 201 17. Self-Regulation Impaired 210 18. Disruptive Strains 218 Part Three: Transformation in Progress 19. Popular Government and Market Economy 231 20. History in the Gear of Social Change 245 21. Freedom in a Complex Society 257 NOTES ON SOURCES 1. Balance of Power as Policy, Historical Law .
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Bernard Harcourt - Wikipedia ~ Harcourt's writings focus on punishment, social control, legal and political theory, and political economy from a critical, empirical, and social theoretic perspective. In 2012, he published, The Illusion of Free Markets: Punishment and the Myth of Natural Order which explored the relationship between laissez faire and mass incarceration.
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