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Who cooked Adam Smith's dinner? A story about women and economics is a 2015 book by the award-winning writer and journalist Katrine Marçal that offers a critique of economics.[1][2][3][4] Marçal reveal historical neglect and underestimation of women's societal contributions and their lack of representation in the theories from within the field of economics.[5][6]
Content
Marçal's critique challenges the long-standing oversight of women's roles, particularly within the domestic sphere. She exposes how economists have consistently disregarded the intricate fabric of domestic activities that underpins society.
Economistic thinking
Marçal's notices a historical progression in how society has become more and more obsessed with economics.[7] For example, Marçal notes that Gary Beckers economistic thinking was considered taboo within the field of economics at first since it was too extreme.[8] Since Beckers definition of economics was "that it was a logic that can be applied to the whole world".[8] However, this position came to be seen as increasingly normal. Becker was subsequently awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.[8]
Neoliberal ideology
The book underscores the pervasive influence of neoliberal ideology in shaping the economic discipline. Central to Marçal's critique is the concept of the so-called "economic man," a prevailing but overly simplistic paradigm within economics. Marçal presents Keynes' usage of "economic man" as a transient construct. As she puts it: "a useful idiot" inviting reflection on the potential evolution of paradigms of resource allocation.[7] She also notes how Keynes made calculations (that later turned out to be very pessimistic since "we" are in fact richer than Keynes predicted) regarding that we would be able to stop working before 2030 and devote ourselves to "art, poetry, spiritual values, philosophy, taking pleasure in life, and admiring the 'lilies of the field'".[7]
Contemporary analysis of the relationship between society and economics
However, instead Marçal notes that society instead has regressed into a state where we rather are "more obsessed with economics than ever" with it being used to attempt to calculate the value of everything from "vanilla ice cream to the value of a human life".[7] Marçal also point out how the notion that humans are "rational individuals" that came to be commonplace within economics and then spread to wider society makes social issues invisible. She gives an example: "When we are all rational individuals, questions like race, class and sex become irrelevant. Why, we are all free. Like the woman in the Congo. She who agrees to militia men having sex with her in exchange for three tins of food. Or the woman in Chile. She who works as a fruit picker even though the exposure to pesticides will lead to nerve damage in the child she will give birth to two years later. [...] They always make the best possible decisions."[10] She also notes that "What is good for the rich and powerful is almost always 'good for the economy'.".
See also
References
- ^ Narayan, Swati (August 2019). "Book review: Katrine Marçal, Who Cooked Adam Smith's Dinner: A Story About Women and Economics". Indian Journal of Human Development. 13 (2): 233–234. doi:10.1177/0973703019874885. ISSN 0973-7030.
Marçal doesn't confine herself to only a feminist critique of economics. She challenges the very edifice of the construction of the capitalist economy which propels periodic spurts of financial crises. Her rebuke of the Chicago School of Economics' Nobel Laureate Gary Baker's controversial human development propositions and Lawrence Summers' internal memo on environmental pollution written as Chief Economist of the World Bank with their inherently racist, sexist and immoral undertones is particularly sharp to expose the moral bankruptcy of the key tenets of neoliberal economics." [...] "[...]the book is a pungent critique of economics[...]
- ^ "Katrine Kielos får Lagercrantzen". Dagens Nyheter (in Swedish). 2013-02-05. ISSN 1101-2447. Retrieved 2023-08-15.
- ^ "BBC 100 Women 2015: Who is on the list?". BBC News. 2015-11-17. Retrieved 2023-08-15.
- ^ Lowrey, Annie (2016-06-10). "'Who Cooked Adam Smith's Dinner?' by Katrine Marçal". The New York Times. ISSN 0362-4331. Retrieved 2023-08-15.
- ^ Williams, Jeremy (2017-12-13). "Book review: Who cooked Adam Smith's dinner? by Katrine Marçal". The Earthbound Report. Retrieved 2023-08-15.
- ^ "Who Cooked Adam Smith's dinner? by Katrine Marcal - book review:". The Independent. 2015-04-10. Retrieved 2023-08-15.
- ^ a b c d Marçal, Katrine (2015). Who cooked Adam Smith's dinner? a story about women and economics. Translated by Vogel, Saskia. Melbourne London: Scribe. pp. 43–46. ISBN 978-1-925106-52-7.
- ^ a b c Marçal, Katrine (2015). Who cooked Adam Smith's dinner? a story about women and economics. Translated by Vogel, Saskia. Melbourne London: Scribe. pp. 31–32. ISBN 978-1-925106-52-7.
- ^ Marçal, Katrine (2015). Who cooked Adam Smith's dinner? a story about women and economics. Translated by Vogel, Saskia. Melbourne London: Scribe. pp. 12–17. ISBN 978-1-925106-52-7.
- ^ Marçal, Katrine (2015). Who cooked Adam Smith's dinner? a story about women and economics. Translated by Vogel, Saskia. Melbourne London: Scribe. pp. 54–55. ISBN 978-1-925106-52-7.
External links
This page was last edited on 8 March 2024, at 13:08