Why We Need to Rethink the Idea of Corporations
Abstract: Adam Smith referred to the ‘invisible hand’ where individual agency within the market wonderfully produces a set of relations, exchanges and capacity for prosperity. Smith’s ‘invisible hand’ is at times interpreted as being confined to the actions of individual entrepreneurs and corporations, thus reducing the importance of economic agency that comes from the state, labor and consumers. Neo-liberal thinkers imagined the market to be a democratic arena in which individuals acted in ways that were part of the immutable laws of nature. A market is a system aided only by prices to efficiently co-ordinate demand and supply. But to talk of the market as a singular phenomenon is to obscure market activity that is diverse and also divided in its nature. Part of the market is the real economy related to production and building things, another is the activity of financial services and unearned income. Parts of the market are also non-monetized like voluntary labor, child rearing and so on
- Standort
-
Deutsche Nationalbibliothek Frankfurt am Main
- Umfang
-
Online-Ressource
- Sprache
-
Englisch
- Anmerkungen
-
Veröffentlichungsversion
begutachtet (peer reviewed)
In: IndraStra Global (2017) 8 ; 3
- Klassifikation
-
Wirtschaft
- Ereignis
-
Veröffentlichung
- (wo)
-
Mannheim
- (wann)
-
2017
- Urheber
-
Fakir, Saliem
- URN
-
urn:nbn:de:0168-ssoar-53089-5
- Rechteinformation
-
Open Access; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Letzte Aktualisierung
-
25.03.2025, 13:47 MEZ
Datenpartner
Deutsche Nationalbibliothek. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Beteiligte
- Fakir, Saliem
Entstanden
- 2017
Ähnliche Objekte (12)
Why We Need to Rethink the Idea of Corporations
(Why) do we need corporate taxation?
Europe for us : why we need Europe
Eventful democratization: why we need methodological pluralism
Risk communication : why we need understandable information
Why we need a canonical ecology curriculum
Why do we need longitudinal survey data?
Eventful democratization: why we need methodological pluralism
Europe for us : why we need Europe
Why we need to reinvent media - and how
Why we need more and better biodiversity aid
Why we need Cusanus : = Warum wir Cusanus brauchen
Why We Need to Rethink the Idea of Corporations
(Why) do we need corporate taxation?
Europe for us : why we need Europe
Eventful democratization: why we need methodological pluralism
Risk communication : why we need understandable information
Why we need a canonical ecology curriculum
Why do we need longitudinal survey data?
Eventful democratization: why we need methodological pluralism
Europe for us : why we need Europe
Why we need to reinvent media - and how
Why we need more and better biodiversity aid
Why we need Cusanus : = Warum wir Cusanus brauchen
Why We Need to Rethink the Idea of Corporations
(Why) do we need corporate taxation?
Europe for us : why we need Europe
Eventful democratization: why we need methodological pluralism
Risk communication : why we need understandable information
Why we need a canonical ecology curriculum
Why do we need longitudinal survey data?
Eventful democratization: why we need methodological pluralism
Europe for us : why we need Europe
Why we need to reinvent media - and how
Why we need more and better biodiversity aid