Overview
- Focuses on a set of widely shared political and social pre-conceptions upon which economics ultimately depends
- Questions whether economic liberalism is moving towards a crisis
- Examines the metamorphosis of liberalism under the influence of nationalism and socialism
Part of the book series: Palgrave Studies in Classical Liberalism (PASTCL)
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Table of contents (6 chapters)
Keywords
About this book
The book shows the ideological underpinning of the economist’s work, and the ideological perspectives are those that have largely prevailed in the last couple of centuries: liberalism, nationalism and socialism. It is on the ground and strength of these ideologies that systems of political economy have been built. Roselli explores the connections between theory and value judgements to identify the philosophical premises behind the economic reasoning of economists as diverse as Smith, Ricardo, Marx, Pareto, Keynes, Hayek, among others.
The vicissitudes of economic nationalism, its statist and protectionist features, its decline and recent resurgence are examined, being unclear what shape it is currently taking from an economic and political viewpoint. This is particularly obscure in the case of that specific form of nationalism called populism.
The decline and fall of Marx’s historical materialism cannot hide the inherent contrast of interest between the two sides of a labour contract. The lasting legacy of socialism is the enduring and multiform relevance – from a cowed labour force to environmental issues - of social themes in modern economies.
Authors and Affiliations
About the author
Alessandro Roselli is an Honorary Fellow at Cass Business School, University of London and Senior Fellow at Buckingham University, UK. He has been A.C. Jemolo Fellow at Nuffield College, University of Oxford, UK. Previously, he worked at the Bank of Italy for 40 years. He has written extensively on economic history and financial regulation. Roselli recently co-edited The Economics of Monetary Unions: Past Experience and the Eurozone.
Bibliographic Information
Book Title: Economic Philosophies
Book Subtitle: Liberalism, Nationalism, Socialism: Do They Still Matter?
Authors: Alessandro Roselli
Series Title: Palgrave Studies in Classical Liberalism
DOI: https://doi.org/10.1007/978-3-030-53317-5
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2020
Hardcover ISBN: 978-3-030-53316-8Published: 05 December 2020
Softcover ISBN: 978-3-030-53319-9Published: 12 May 2022
eBook ISBN: 978-3-030-53317-5Published: 04 December 2020
Series ISSN: 2662-6470
Series E-ISSN: 2662-6489
Edition Number: 1
Number of Pages: XVII, 264
Number of Illustrations: 1 b/w illustrations
Topics: Heterodox Economics, Social Philosophy, Political Philosophy, History of Economic Thought/Methodology, Economic Theory/Quantitative Economics/Mathematical Methods