Rival Views of Market Society [Hardcover]

A. O. Hirschman (Author)

Book Description

ISBN-10: 0670813192 | ISBN-13: 978-0670813193 | Publication Date: November 12, 1986

For close to half a century, Albert O. Hirschman has been known for his innovative, contributions to economics, the history of ideas, and the social sciences. Two essays in this collection explore new territory. The title essay distinguishes among four very different conceptions of the characteristics and dynamics of capitalist societies. A related plea for embracing complexity is made in "Against Parsimony", a wide-ranging critique of traditional economic models. In other writings Hirschman revisits his own views on economic development, the concept of interest, and the roles of "exit" and "voice" in economic and social systems.

--This text refers to the Paperback edition.

Editorial Reviews

From Publishers Weekly

Even as capitalism continually adapts, it undermines itself because its habits of relentless calculation and self-interest destroy the moral basis of society. This view, from a professor emeritus at Princeton's Institute of Advanced Study, typifies the questioning spirit of an economist/social philosopher whose scholarly essays go against the grain of much current academic thinking. Hirschman opposes the belief that "big push" industrialization is necessary to transform developing countries; he advocates the art of the possible, suggesting that unbalanced growth should be tolerated. One essay contrasts "voice" (a customer complains) with "exit" (a customer goes elsewhere), then applies these concepts to public services, city/suburb migration, divorce and adolescent rebellion. Criticizing the "rational actor" approach that glorifies the self-interested consumer, Hirschman argues that the quest for justice, community, love and salvation must be reckoned in the calculus of gain and loss.
Copyright 1986 Reed Business Information, Inc.

Review

Albert Hirschman is one of those remarkable scholars occasionally mistaken for more than one person. There is Hirschman the political theorist, best known for his classic Exit, Voice, and Loyalty. There is the Hirschman of The Passions and the Interests, the historian of ideas; and Hirschman the institutionalist, the practitioner or European reconstruction and Third World development, the adviser to foreign governments...For readers only dimly familiar with Hirschman's oeuvre, his latest collection, Rival Views of Market Society, is...a kind of reprise, a recapitulation that includes variations on earlier themes, reconsiderations, and embellishment of familiar leitmotivs, with both echoes and charming reversals...There could be no better guide toward a revived discipline of institutional political economy.
--Robert Kuttner (New Republic )

These ten essays...are vintage Hirschman--original, authoritative, and penetrating contributions to both economics and the broader social sciences...truly stunning as reflections of Hirschman's special insights and formulations, of both what has been and what yet may be. (Choice ) --This text refers to the Paperback edition.

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Product Details

• Hardcover: 197 pages
• Publisher: Viking Adult (November 12, 1986)
• Language: English
• ISBN-10: 0670813192
• ISBN-13: 978-0670813193
• Product Dimensions: 20 x 20 x 20 inches
• Shipping Weight: 14.1 ounces
• Amazon Best Sellers Rank: #1,350,082 in Books (See Top 100 in Books)

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