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The End of Individualism and the Economy - Emerging Paradigms of Connection and Community (Paperback)
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The End of Individualism and the Economy - Emerging Paradigms of Connection and Community (Paperback)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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Individualism has been one of the driving forces in the rise of
modern capitalism, and methodological individualism has been
dominant in social science for many years. In this paradigm the
economy is seen as a machine to routinize production and improve
efficiency, and the discipline of economics has come to focus on
control and automation. Recent innovations in natural and social
sciences, however, indicate a shift in thinking away from
individualism and towards interconnectedness. The End of
Individualism and the Economy: Emerging Paradigms of Connection and
Community traces the origins of "the individual" in history,
philosophy, economics, and social science. Drawing from linguistic
philosophy, there is increasing attention to language as a social
substrate for all institutions, including money and the market. One
irony is that the "individual" is a key term, related to distinct
institutions and associated expertise; that is, "the individual" is
social. The book explores the influence of individualism in the
subversion of class consciousness, the view of impersonality as a
virtue, and the rise of financialization. The founding assumption
of economics, the rational autonomous individual with exogenous
tastes, undercuts social solidarity and blocks awareness of
interconnections and interdependencies. The text looks forward and
embraces the new paradigms and alternative forms of governance,
economics, and science which can be developed based on collectives
and communities, with new values, frameworks, and world views. This
work is suitable for academics, students, scholars, and researchers
with an interest in economic and social collectives and
methodological individualism, as well as those studying the
connections between economics and other disciplines in the social
and natural sciences.
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