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The Market System
In this clear and accessible book, an eminent political scientist offers a jargon-free introduction to the market system for all readers, with or without a background in economics.
Paperback, 308 pages
Published
August 11th 2002
by Yale University Press
(first published March 11th 2001)
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While I have not finished just yet, I think this book would be good as an introductory text. There is no doubt that "market fetishism" is a serious problem and for many Lindblom will be palatable because he begins by extolling and marveling at the level of "social coordination" that the market brings to society. I'm sure people will also get the impression that we be reduced to the state of barbarians without the markets in his more transhistorical sense, but Lindblom is careful in avoiding this...more
I was surprised; I expected it to be a one-sided polemics, but mostly it freely acknowledged the market system's weaknesses. On the whole, very fair-handed. The last chapter was terrible and betrayed great failure of imagination--even the imagination to imagine that there were things that the author had failed to imagine. It also focused too much on the narrow choice "market system or something else" rather than a meaningful choice more in line with the author's point of view, something along th...more
Nov 14, 2011
!Tæmbuŝu
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