Jagdish Bhagwati wrote in his book In Defense Of Globalization about this garbled state of affairs: Deconstructionism … amounts to an endless horizon of meanings. … Derrida’s technique will deconstruct any political ideology, including Marxism. Typically, however, it is focused on deconstructing and devaluing capitalism rather than Marxism. … Foucault’s emphasis on discourses as instruments of power and dominance has also led to what is often described as an ‘anti-rational’ approach that challenges the legitimacy of academic disciplines, including economics, and their ability to get at the
...more
