9780230320970

An Enquiry into the Ideology and Reality of Market and Market System

by
  • ISBN13:

    9780230320970

  • ISBN10:

    023032097X

  • Format: Hardcover
  • Copyright: 2012-01-15
  • Publisher: Palgrave Macmillan

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Summary

Why do markets exist? How are they maintained? What are market systems and how are they formed? This book addresses these fundamental questions and challenges the traditional view that markets and market systems are 'natural', asserting instead that they are ideologically coloured and of dubious scientific value.

Author Biography

John Lepper challenges the traditional view that markets are costless and "natural", and asserts that markets are made and unmade artificially, often with political motivation. The application of mercantifer theory is used to solve some of the well-known difficulties that can arise when applying market to economics. It is contended that the outcomes of mercantifers are the result of forces unrelated to preferences and rational action. John Lepper is Visiting Research Fellow at Lancaster University, UK. His public and private sector experience includes advising Nomura, the Bank of New Zealand and Deputy Prime Minister of New Zealand. He was director of a private consultancy and taught at UK, New Zealand and Chinese universities.

Table of Contents

PART I: MARKET: ANATOMY OF A CONCEPT
Nature of Market
Market Politics and Social Discourse
Market and Law
Market Reality and Market Beliefs
Market as Science
Market Application 
PART II: MERCANTIFER: EXPLORATIONS OF ECONOMIC REALITY
Nature of Mercantifers
How Mercantifers Emerge and Function
Market Failure and Mercantifer Success
Mercantifer Processes
Types of Mercantifer
Trajectories and Mercantifers
Theory of Mercantifers 
PART III: SYSTEMS OF MERCANTIFERS
Mercantifer Systems
Mercantifers and Money
 
 

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