The Great Recession not only shook Americans' economic faith but
also prompted powerful critiques of economic institutions. This
timely book explores three movements that gathered force after
2008: the rise of the benefit corporation, which requires social
responsibility and eschews share price as the best metric for
success; the emergence of a new group, Slow Money, that fosters
peer-to-peer investing; and the 2011 Wisconsin protests against a
bill restricting the union rights of state workers. Each case shows
how the concrete actions of a group of citizens can prompt us to
reflect on what is needed for a just and sustainable economic
system. In one case, activists raised questions about the
responsibilities of business, in the second about the significance
of local economies, and in the third about the contributions of the
public sector. Through these movements, Jane L. Collins maps a set
of cultural conversations about the types of investments and
activities that contribute to the health of the economy. Compelling
and persuasive, The Politics of Value offers a new framework for
viewing economic value, one grounded in thoughtful assessment of
the social division of labor and the relationship of the state and
the market to civil society.
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