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Economics Against Democracy

Author

Listed:
  • Manuel Couret Branco

    (NICPRI/University of Évora, Évora, Portugal)

Abstract

The main purpose of this paper is to demonstrate that mainstream liberal economics is intrinsically contradictory to the democratic ideal. The first stage of this demonstration concerns the deconstruction of the naturalization process of economics, in other words the process through which putative economic laws became equivalent to natural laws, which transformed economic decisions into technical issues supposedly free from democratic debate. The second stage concerns the ways in which the market has managed to legitimize its hegemony in society and the reasons why this contributes to the erosion of democracy.JEL classification: A13, B00, P10

Suggested Citation

  • Manuel Couret Branco, 2012. "Economics Against Democracy," Review of Radical Political Economics, Union for Radical Political Economics, vol. 44(1), pages 23-39, March.
    • Handle: RePEc:sae:reorpe:v:44:y:2012:i:1:p:23-39
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    Cited by:

    1. Manuel Couret Branco, 2016. "Human Rights Based Approach to Land Reform," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 6(4), pages 1222-1222.
    2. Urban Sušnik, 2016. "Janus Ante Portas," Review of Radical Political Economics, Union for Radical Political Economics, vol. 48(3), pages 417-437, September.
    3. Wensheng Xiao & Yu Tang & Bright Obuobi & Shaojian Qu & Minglan Yuan & Decai Tang, 2023. "The Influence of Rule of Law on Government’s Sustainable Economic Management: Evidence from China," Sustainability, MDPI, vol. 15(15), pages 1-23, July.

    More about this item

    Keywords

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    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • H4 - Public Economics - - Publicly Provided Goods
    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • J8 - Labor and Demographic Economics - - Labor Standards
    • K0 - Law and Economics - - General

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