The Dark Places of Business Enterprise: Reinstating Social Costs in Institutional Economics

ISBN-13: 9781138632257 / Angielski / Twarda / 2019 / 272 str.

Pietro Frigato; Francisco Javier Santos-Arteaga

Opis

This book considers Veblen’s preoccupation with the dark places of business enterprise, an integral part of the old institutional economics. Combining contributions made by Kapp and Mirowski, it proposes the systematization of an institutional theory of social costs of business enterprise useful for the analysis of contemporary crises.

Spis treści

Acknowledgements.  Introduction: Critical institutionalism, market model failure and the business control of society through cybernetic manipulation.  1. Veblen’s dark places of business enterprise and the theory of social costs.  2. Karl William Kapp’s critical theory of social costs: Asset-specific cost-shifting, retardation of efficiency and the paradox of social control.  3. Neoclassical economics beyond externalities?: Akerlof and Shiller’s Phishing for Phools and the theory of social costs.  4. Digging into the dark places of business enterprise: Revisiting the theory of social costs in the light of Mirowski’s institutional economics of knowledge.  5. The darkest place of business enterprise: Business surveillance, the financial crisis and the swansong of the market in the information age.  Index