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Political Economy Now! - The Struggle for Alternative Economics at the University of Sydney (Paperback)
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Political Economy Now! - The Struggle for Alternative Economics at the University of Sydney (Paperback)
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Political Economy Now! is the story of one of the most substantial
and enduring conflicts in the history of Australian universities.
Beginning in the late 1960s, it pitted those committed to the
teaching of mainstream economics at the University of Sydney
against the proponents of an alternative program in political
economy. The dispute continued for decades until a Department of
Political Economy was established in the Faculty of Arts in
2008.Why all the fuss over the teaching of economics? Why were the
disagreements so deep and protracted? What has been at stake? Why
did dissident staff and students commit so much time and energy to
establishing and developing alternative courses and administrative
arrangements?The dispute involved substantial differences of
opinion about the nature of the curriculum, the style of teaching,
and the structures of power and decision making. Although locally
focused at the University of Sydney and at its most intense during
the 1970s and 1980s, the dispute also has wider implications for
how we understand the economic system and the role of economic
policy. It reflects a broader tension in Australian society about
what economic arrangements best serve social needs.The story of the
struggle for alternative economics told from the political
economists' perspective weaves together a general historical
narrative with illustrations and interpretations of the causes and
consequences of the conflict, and personal recollections of eleven
former student activists, all now in significant professional
positions.Political Economy Now! is a fascinating read for those
concerned about how a discipline of great social and political
significance is understood and taught to its would-be
practitioners.
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