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The Perverse Economy: The Impact of Markets on People and the Environment

M. Perelman




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 | #4374067 in Books |  Palgrave Macmillan |  2003-11-15 | Original language:English | PDF # 1 |  8.50 x.63 x5.50l,.81 | File type: PDF | 217 pages

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||2 of 2 people found the following review helpful.| Good ideas, poorly expressed|By Peter Drake|I agree with Perelman's central thesis: unregulated markets do not serve workers or the environment well. The economic models used to advocate such markets are based on unreasonable assumptions, such as the assumption that everyone makes free, fully-informed, rational decisions. This book raises these issues and provides a few good hi| ||"Why do those whose work is most essential, such as farm workers, earn the least? Why are natural resources exploited in ways that do not take account of their scarcity? These are the disarmingly straightforward questions that dissident economist Michael Pere

The purpose of this book is to call for a wholesale rethinking of the way that markets treat both the labour and natural resources on which we all depend. It reveals how economic analysis justifies self-defeating policies that encourage wanton use of the environment and callous abuse of the least advantaged labourers. From Adam Smith to the present day, economic theory has short-changed the workers most crucial to the functioning of human life and offered skewed views of...

You can specify the type of files you want, for your device.The Perverse Economy: The Impact of Markets on People and the Environment   |  M. Perelman.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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