Reconsidering Identity Economics: Human Well-Being and Governance - Hardcover

Garai, Laszlo

 
9781137525604: Reconsidering Identity Economics: Human Well-Being and Governance

Synopsis

This book presents an unorthodox identity economics that approaches social identity through a non-classical psychology. Garai applies the modern physics concept of wave-particle duality to economic psychology, finding a corresponding duality in object-oriented activity and historically generated social identity. These two factors interconnect to create a double-storied structure of social identity and its behavioral manifestations. The book then presents a calculation device for mediating between behavioral and identity economics. Garai then applies all these factors to two socioeconomic systems developed during the second modernization: Bolshevik-type “socialism” and post-Bolshevik “capitalism.” In this context, he examines the Eastern Bloc nomenklatura as a duality of bureaucratic and patron-client organization (“state and party”) and the establishment of both today's material capitalism and its other half: human capital economics.

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About the Author

Laszlo Garai was the Founder and Head of the Departments of Economic Psychology at the University of Szeged, Hungary, and Nice University, France. He has also taught at Moscow State University, Russia, and branches of California State University at Bakersfield and San Bernardino, USA. He is the author of 21 monographs in Hungarian and Russian on economic, social, and theoretical psychology.

From the Back Cover

This book presents an unorthodox identity economics that approaches social identity through a non-classical psychology. Garai applies the modern physics concept of wave-particle duality to economic psychology, finding a corresponding duality in object-oriented activity and historically generated social identity. These two factors interconnect to create a double-storied structure of social identity and its behavioral manifestations. The book then presents a calculation device for mediating between behavioral and identity economics. Garai then applies all these factors to two socioeconomic systems developed during the second modernization: Bolshevik-type “socialism” and post-Bolshevik “capitalism.” In this context, he examines the Eastern Bloc nomenklatura as a duality of bureaucratic and patron-client organization (“state and party”) and the establishment of both today's material capitalism and its other half: human capital economics.


“Laszlo Garai'sReconsidering Identity Economics gives a new theory that intertwines people’s psychology and their economics: their psychology (and especially their identities) is the result of their economic environment; their economic environment is the result of their psychology. Garai illustrates this new view of economics and psychology with applications that are drawn from his lifelong experience and that will fascinate all readers.”
―George Akerlof, Nobel Laureate in Economics, 2001

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Other Popular Editions of the Same Title

9781349707263: Reconsidering Identity Economics: Human Well-Being and Governance

Featured Edition

ISBN 10:  1349707260 ISBN 13:  9781349707263
Publisher: Palgrave Macmillan, 2019
Softcover