The illusion of free markets :: punishment and the myth of natural order /
It is widely believed today that the free market is the best mechanism ever invented to efficiently allocate resources in society. Just as fundamental as faith in the free market is the belief that government has a legitimate and competent role in policing and the punishment arena. This curious ince...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Cambridge, Mass. :
Harvard University Press,
2011.
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Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | It is widely believed today that the free market is the best mechanism ever invented to efficiently allocate resources in society. Just as fundamental as faith in the free market is the belief that government has a legitimate and competent role in policing and the punishment arena. This curious incendiary combination of free market efficiency and the Big Brother state has become seemingly obvious, but it hinges on the illusion of a supposedly natural order in the economic realm. This work argues that our faith in "free markets" has severely distorted American politics and punishment practices. The author traces the birth of the idea of natural order to eighteenth century economic thought and reveals its gradual evolution through the Chicago School of economics and ultimately into today's myth of the free market. The modern category of "liberty" emerged in reaction to an earlier, integrated vision of punishment and public economy, known in the eighteenth century as "police." This development shaped the dominant belief today that competitive markets are inherently efficient and should be sharply demarcated from a government run penal sphere. ThIs modern vision rests on a simple but devastating illusion. Superimposing the political categories of "freedom" or "discipline" on forms of market organization has the unfortunate effect of obscuring rather than enlightening. It obscures by making both the free market and the prison system seem natural and necessary. In the process, it facilitated the birth of the penitentiary system in the nineteenth century and its ultimate culmination into mass incarceration today. |
Beschreibung: | 1 online resource (328 pages) : illustrations |
Bibliographie: | Includes bibliographical references and index. |
ISBN: | 9780674059368 0674059360 |
Internformat
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245 | 1 | 4 | |a The illusion of free markets : |b punishment and the myth of natural order / |c Bernard E. Harcourt. |
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588 | 0 | |a Print version record. | |
520 | |a It is widely believed today that the free market is the best mechanism ever invented to efficiently allocate resources in society. Just as fundamental as faith in the free market is the belief that government has a legitimate and competent role in policing and the punishment arena. This curious incendiary combination of free market efficiency and the Big Brother state has become seemingly obvious, but it hinges on the illusion of a supposedly natural order in the economic realm. This work argues that our faith in "free markets" has severely distorted American politics and punishment practices. The author traces the birth of the idea of natural order to eighteenth century economic thought and reveals its gradual evolution through the Chicago School of economics and ultimately into today's myth of the free market. The modern category of "liberty" emerged in reaction to an earlier, integrated vision of punishment and public economy, known in the eighteenth century as "police." This development shaped the dominant belief today that competitive markets are inherently efficient and should be sharply demarcated from a government run penal sphere. ThIs modern vision rests on a simple but devastating illusion. Superimposing the political categories of "freedom" or "discipline" on forms of market organization has the unfortunate effect of obscuring rather than enlightening. It obscures by making both the free market and the prison system seem natural and necessary. In the process, it facilitated the birth of the penitentiary system in the nineteenth century and its ultimate culmination into mass incarceration today. | ||
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author | Harcourt, Bernard E., 1963- |
author_facet | Harcourt, Bernard E., 1963- |
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contents | The Paris Marais and the Chicago Board of Trade -- Beccaria on crime and punishment -- Policing the public economy -- The birth of natural order -- The rise of legal despotism -- Bentham's strange alchemy -- The Chicago School -- The myth of discipline -- The illusion of freedom -- The penitentiary system and mass incarceration -- Private prisons, drugs, and the welfare state -- A prolegomenon. |
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dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
format | Electronic eBook |
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publisher | Harvard University Press, |
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spelling | Harcourt, Bernard E., 1963- https://id.oclc.org/worldcat/entity/E39PBJkdfhfkTBRydCWmxRyDbd The illusion of free markets : punishment and the myth of natural order / Bernard E. Harcourt. Cambridge, Mass. : Harvard University Press, 2011. 1 online resource (328 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier Includes bibliographical references and index. The Paris Marais and the Chicago Board of Trade -- Beccaria on crime and punishment -- Policing the public economy -- The birth of natural order -- The rise of legal despotism -- Bentham's strange alchemy -- The Chicago School -- The myth of discipline -- The illusion of freedom -- The penitentiary system and mass incarceration -- Private prisons, drugs, and the welfare state -- A prolegomenon. Print version record. It is widely believed today that the free market is the best mechanism ever invented to efficiently allocate resources in society. Just as fundamental as faith in the free market is the belief that government has a legitimate and competent role in policing and the punishment arena. This curious incendiary combination of free market efficiency and the Big Brother state has become seemingly obvious, but it hinges on the illusion of a supposedly natural order in the economic realm. This work argues that our faith in "free markets" has severely distorted American politics and punishment practices. The author traces the birth of the idea of natural order to eighteenth century economic thought and reveals its gradual evolution through the Chicago School of economics and ultimately into today's myth of the free market. The modern category of "liberty" emerged in reaction to an earlier, integrated vision of punishment and public economy, known in the eighteenth century as "police." This development shaped the dominant belief today that competitive markets are inherently efficient and should be sharply demarcated from a government run penal sphere. ThIs modern vision rests on a simple but devastating illusion. Superimposing the political categories of "freedom" or "discipline" on forms of market organization has the unfortunate effect of obscuring rather than enlightening. It obscures by making both the free market and the prison system seem natural and necessary. In the process, it facilitated the birth of the penitentiary system in the nineteenth century and its ultimate culmination into mass incarceration today. Chicago Board of Trade. http://id.loc.gov/authorities/names/n78088945 Chicago Board of Trade fast Punishment United States. Free enterprise United States. Chicago school of economics. http://id.loc.gov/authorities/subjects/sh85023256 École de Chicago (Économie politique) BUSINESS & ECONOMICS Economics Theory. bisacsh BUSINESS & ECONOMICS Free Enterprise. bisacsh Chicago school of economics fast Free enterprise fast Punishment fast United States fast https://id.oclc.org/worldcat/entity/E39PBJtxgQXMWqmjMjjwXRHgrq Staat gnd Wirtschaft gnd Chicago-Schule Wirtschaftswissenschaften gnd http://d-nb.info/gnd/4127089-7 USA gnd http://d-nb.info/gnd/4078704-7 Brottspåföljder. sao Marknadsekonomi. sao Chicagoskolan (ekonomi) sao has work: The illusion of free markets (Text) https://id.oclc.org/worldcat/entity/E39PCG88BbCdXBjcfvjBd64vf3 https://id.oclc.org/worldcat/ontology/hasWork Print version: Harcourt, Bernard E., 1963- Illusion of free markets. Cambridge, Mass. : Harvard University Press, 2011 9780674057265 (DLC) 2010027060 (OCoLC)555658390 FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=361691 Volltext |
spellingShingle | Harcourt, Bernard E., 1963- The illusion of free markets : punishment and the myth of natural order / The Paris Marais and the Chicago Board of Trade -- Beccaria on crime and punishment -- Policing the public economy -- The birth of natural order -- The rise of legal despotism -- Bentham's strange alchemy -- The Chicago School -- The myth of discipline -- The illusion of freedom -- The penitentiary system and mass incarceration -- Private prisons, drugs, and the welfare state -- A prolegomenon. Chicago Board of Trade. http://id.loc.gov/authorities/names/n78088945 Chicago Board of Trade fast Punishment United States. Free enterprise United States. Chicago school of economics. http://id.loc.gov/authorities/subjects/sh85023256 École de Chicago (Économie politique) BUSINESS & ECONOMICS Economics Theory. bisacsh BUSINESS & ECONOMICS Free Enterprise. bisacsh Chicago school of economics fast Free enterprise fast Punishment fast Staat gnd Wirtschaft gnd Chicago-Schule Wirtschaftswissenschaften gnd http://d-nb.info/gnd/4127089-7 Brottspåföljder. sao Marknadsekonomi. sao Chicagoskolan (ekonomi) sao |
subject_GND | http://id.loc.gov/authorities/names/n78088945 http://id.loc.gov/authorities/subjects/sh85023256 http://d-nb.info/gnd/4127089-7 http://d-nb.info/gnd/4078704-7 |
title | The illusion of free markets : punishment and the myth of natural order / |
title_auth | The illusion of free markets : punishment and the myth of natural order / |
title_exact_search | The illusion of free markets : punishment and the myth of natural order / |
title_full | The illusion of free markets : punishment and the myth of natural order / Bernard E. Harcourt. |
title_fullStr | The illusion of free markets : punishment and the myth of natural order / Bernard E. Harcourt. |
title_full_unstemmed | The illusion of free markets : punishment and the myth of natural order / Bernard E. Harcourt. |
title_short | The illusion of free markets : |
title_sort | illusion of free markets punishment and the myth of natural order |
title_sub | punishment and the myth of natural order / |
topic | Chicago Board of Trade. http://id.loc.gov/authorities/names/n78088945 Chicago Board of Trade fast Punishment United States. Free enterprise United States. Chicago school of economics. http://id.loc.gov/authorities/subjects/sh85023256 École de Chicago (Économie politique) BUSINESS & ECONOMICS Economics Theory. bisacsh BUSINESS & ECONOMICS Free Enterprise. bisacsh Chicago school of economics fast Free enterprise fast Punishment fast Staat gnd Wirtschaft gnd Chicago-Schule Wirtschaftswissenschaften gnd http://d-nb.info/gnd/4127089-7 Brottspåföljder. sao Marknadsekonomi. sao Chicagoskolan (ekonomi) sao |
topic_facet | Chicago Board of Trade. Chicago Board of Trade Punishment United States. Free enterprise United States. Chicago school of economics. École de Chicago (Économie politique) BUSINESS & ECONOMICS Economics Theory. BUSINESS & ECONOMICS Free Enterprise. Chicago school of economics Free enterprise Punishment United States Staat Wirtschaft Chicago-Schule Wirtschaftswissenschaften USA Brottspåföljder. Marknadsekonomi. Chicagoskolan (ekonomi) |
url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=361691 |
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