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The Dark Places of Business Enterprise - Reinstating Social Costs in Institutional Economics (Hardcover)
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The Dark Places of Business Enterprise - Reinstating Social Costs in Institutional Economics (Hardcover)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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This book considers Thorstein Veblen's central preoccupation with
the dark places of business enterprise, an integral part of the old
institutional economics. Combining the contributions made by Karl
William Kapp and Philip Mirowski, it proposes the systematization
of an adjourned institutional theory of social costs of business
enterprise useful for the analysis of contemporary crises. The Dark
Places of Business Enterprise explores the research potential of
the theory of social costs for the analysis of actual business
behavior in the current globalized privatization regime. It begins
with a detailed outline of Veblen's critique of business enterprise
and market competition before illustrating the methodical
enrichment of this approach through Kapp's work. Finally, it
concludes by proposing the integration of the Veblenian-Kappian
approach with Mirowski's theory of markets and business doubt
manufacture. The resulting theory of social costs will shed light
on the ubiquitous business control of society under the now
dominant computer-based technological infrastructure. This
interdisciplinary foundation of the theory of social costs,
encompassing knowledge from computer science and engineering to
natural sciences, provides the tools required to analyze this great
transformation.
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