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Social Contracts and Economic Markets (Hardcover, 1993 ed.)
Loot Price: R3,158
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Social Contracts and Economic Markets (Hardcover, 1993 ed.)
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The thesis of this book is that people enter into social contracts
because they are different from one another and have incentives to
cooperate. In economic life, people have identical
interests-namely, their own se- interests-so they have an incentive
to compete. The social worlds that we create, or map, and those
that are already mapped for us are increasingly complex, and thus
the tracking of rationality is not so straightforward, although it
is everywhere evident. In a sense, this book grew out of two
questions: Why hasn't the United States had a second revolution? Or
is the revolution yet to come? Many have discussed the current
crises that confront contemporary society, such as great economic
inequalities, poverty, the declining quality of jobs, the growing
power of corporate elites, and racial antago nisms. I attempt to
understand these problems in terms of the radical restructuring of
social life by economic and spatial forces. My specula tive thesis
is that social organizations must reinforce social contracts and
nurture the opportunities for them to be forged. However,
contemporary organizations, particularly economic ones, have
internalized the princi ples of economic markets, thereby inducing
competition and easing out cooperation. In defining social
contracts, I draw from Rousseau and also from Marx and his analysis
of use value. One hopes that new organiza tional forms based on
principles of democracy and community will evolve. In a diverse,
multicultural society, this requires great mutual understanding and
cooperation and the recognition of differences."
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