Description

Book Synopsis
Is economics a neutral scientific field, or is it riddled with eurocentric biases that stem from its origins in the development of capitalism, colonialism, and slavery?

This book makes the case that economics cannot extricate itself from its highly problematic imperial context without a rigorous process of decolonization, which must involve questioning and re-assessing the development of the field and how it came to be represented as a universal and objective science. In doing so, argue the authors, we can challenge the existing intellectual hierarchies and show that the field as it stands now has become ill-equipped to tackle the critical questions of our time, such as structural racism, environmental crisis, informal labour relations and the role of power in shaping economic outcomes. A decolonized economics can help us pioneer alternative – and better – ways of understanding economic questions by introducing key interventions by non-Western thinkers and non-eurocentric theories.

This is a critical guide for anyone intellectually curious to understand how economics can be decolonized and what can be learned from a decolonized economics.

Decolonizing Economics: An Introduction

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    A Hardback by Carolina Alves, Devika Dutt, Surbhi Kesar

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      Book details

      Publisher John Wiley and Sons Ltd
      Published 20 February 2024
      ISBN-13 9781509545476
      978-1509545476
      ISBN-10 1509545476
      Also in:
      Business, Finance & Law Economic theory and philosophy

      Description

      Book Synopsis
      Is economics a neutral scientific field, or is it riddled with eurocentric biases that stem from its origins in the development of capitalism, colonialism, and slavery?

      This book makes the case that economics cannot extricate itself from its highly problematic imperial context without a rigorous process of decolonization, which must involve questioning and re-assessing the development of the field and how it came to be represented as a universal and objective science. In doing so, argue the authors, we can challenge the existing intellectual hierarchies and show that the field as it stands now has become ill-equipped to tackle the critical questions of our time, such as structural racism, environmental crisis, informal labour relations and the role of power in shaping economic outcomes. A decolonized economics can help us pioneer alternative – and better – ways of understanding economic questions by introducing key interventions by non-Western thinkers and non-eurocentric theories.

      This is a critical guide for anyone intellectually curious to understand how economics can be decolonized and what can be learned from a decolonized economics.

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