Economics and Ideology

This module contains writings in the major paradigms in social philosophy of analysis of relations among state, economy, and society, the study of which is often termed Political Economy. Through readings, lectures and discussion of original texts in political liberalism (both from the right and from the left), conservatism, Marxism, and communitarianism, we examine the fundamental assumptions on which our understanding of the economic world and our economic research are based.

Economists and social philosophers have proposed various ways of organizing an economy and formulating economic policy. Alternatives range from complete laissez faire to total government control, with most proposals falling in between these extremes with varying degrees of government intervention. This module includes but goes beyond the market/state dichotomy and looks at the role of intermediate organizations as a key to the functioning of a healthy economic society. It includes important texts of Locke, Burke, Marx and Engels, Henry George, Rawls, Nozick, McIntyre, Oakeshott, Walzer, Yates, Friedman, Okun, Reich, Schumacher, and a host of communitarian writers.

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Module Items

articles Articles
  • Students Are Leaving the Politics Out of Economics by Louis Uchitelle

  • Communist Manifesto by Friedrich Engels and Karl Marx

    The Communist Manifesto is the commonly-known name of "The Manifesto of the Communist Party" written by Karl Marx and Friederich Engles. It was published on February 21, 1848 and was commission by the Commmunist League. The Manifesto calls for a…

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  • The Commanding Heights: The Battle For The World Economy ( PBS )

    (from The history and impact of the new global economy are made clear--and compelling--in Commanding Heights: The Battle for the World Economy. This three-part, six-hour documentary does an astonishingly thorough job of dissecting and explaining macroeconomics and their current political…

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  • Map of Distribution of Economic Freedom ( The Heritage Foundation )

  • Map of Freedom 2007 ( Freedom House )

    The year 2006 saw little change in the global state of freedom in the world and the emergence of a series of worrisome trends that present potentially serious threats to the expansion of freedom in the future, Freedom House said…

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