Published in 1997, this postmodern critique provides a discourse on internal dynamics of the economics world view, suggesting for future societal wellbeing that we simply do not criticize economics but dispense it altogether. It argues that in the modern era economics have become obsolete as we live in a society riddled with corruption.
’…strongly recommended to anyone who is willing to learn that the way we are used to do economics might not represent the generally valid paradigm of economics in a culturally differentiating world of the next decades.’ Professor Dr. Wolfram Elsner, UniversitÃ¤t Bremen, Germany ’Professor Kanth has written a passionate denunciation of modern economics and its method…Kanth brings to his arguments a thorough knowledge of the context and method of economics and much else beside: their counterparts in philosophy, history, anthropology and religion. He is a most courageous person who put his career prospects at great risk because his integrity required him to follow his arguments to uncomfortable conclusions and speak out…I admire tremendously the example he has set. I urge readers to consider the arguments while they admire his conviction and courage.’ Professor G.C. Harcourt, University of Cambridge, UK ’Kanth writes with a verve that is unusual for economists, making this valuable book an enjoyable read.’ Review of Political Economy ’…a wide ranging and stimulating book…it is rare to find a book as thought-provoking…’ Alethia
1. Critical Realism: The Nouvelle Critique. 2. Against Eurocentrism: Prolegomena to Liberation. 3. Theory and Policy in ‘Development’ Studies: An Overview of the Mythology of ‘Progress. 4. Economic Theory and Arms Expenditures: A Resume of Issues. 5. Sraffa, and All That: A Retrospective on Some Foibles of the Cambridge School. 6. Why England Led the Way: Clues to a Critique of Eurocentrism. 7. The Ricardian Rigmarole: From Policy to Paradigm. 8. The Parson and the Plutocrat: Toward Restitution. 9. The Eclipse of Ricardian Ideas: A Primer on Paradigm Shift in Economics. 10. The Falling Rate of Profit: Clarifying a Conjecture. 11. The ‘Asiatic’ Mode of Production: Eclipse of a Nation. 12. The ‘Transition’ to Socialism: In Dubious Debate. 13. Beyond Marx: Contra Theses on Feuerbach. 14. Feminist Horizons: Toward Cultural Revolution.
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