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The Death of Homo Economicus
Book

The Death of Homo Economicus

Work, Debt and the Myth of Endless Accumulation

Pluto Press, 2017 más...


Editorial Rating

8

Qualities

  • Eye Opening
  • Bold
  • Concrete Examples

Recommendation

Peter Fleming, professor and author of The Mythology of Work, offers a sharp, articulate and authoritative critique of neoliberal economics. His tone occasionally veers into that of an angry blogger – with a few surprising expletives to match. But Fleming’s insights and startling connections lift this potential polemic to a more worthy, enduring level. His take on the “human capital theory” is fresh and compelling, as are his perceptions about the growing trends of Uberization and “quit lit.” Cynical, angry, frustrated and armed with a ton of references, Fleming convincingly smites the orthodoxy. You’ll cheer the way he points out the problems with current economic theories and their – according to Fleming – destructive applications. Although those who disagree will gain considerable information, they are likely to decry a lack of comprehensive alternatives and solutions.

Take-Aways

  • The assumption that governments must prioritize business and maximize its ability to employ people is a gospel economic tenet of Western culture.
  • Neoliberal economics created the mythical, unrealistic figure of  “homo economicus,” the rational economic man.
  • “Human capital theory” posits that education and skills are an individual’s “capital.”

About the Author

Peter Fleming is a professor of business and society at Cass Business School at City, University London. He writes for The Guardian and is the author of The Mythology of Work.


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