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Economic Philosophies: Liberalism, Nationalism, Socialism: Do They Still Matter?
Paperback
Series: Palgrave Studies in Classical Liberalism
ISBN13: 9783030533199
Publisher: Palgrave Macmillan
Published: May 12 2022
Pages: 264
Weight: 0.83
Height: 0.64 Width: 5.83 Depth: 8.27
Language: English
The book shows the ideological underpinning of the economist's work, and the ideological perspectives are those that have largely prevailed in the last couple of centuries: liberalism, nationalism and socialism. It is on the ground and strength of these ideologies that systems of political economy have been built. Roselli explores the connections between theory and value judgements to identify the philosophical premises behind the economic reasoning of economists as diverse as Smith, Ricardo, Marx, Pareto, Keynes, Hayek, among others.
The vicissitudes of economic nationalism, its statist and protectionist features, its decline and recent resurgence are examined, being unclear what shape it is currently taking from an economic and political viewpoint. This is particularly obscure in the case of that specific form of nationalism called populism.
The decline and fall of Marx's historical materialism cannot hide the inherent contrast of interest between the two sides of a labour contract. The lasting legacy of socialism is the enduring and multiform relevance - from a cowed labour force to environmental issues - of social themes in modern economies.
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