The Age of Post-Rationality Limits of economic reasoning in the 21st
This book challenges the hegemonic view that economic calculation represents the ultimate rationality. The West legitimises its global dominance by the claim to be a rational, democratic, science-based and progressive civilisation. Yet, over the past deca
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Limits of economic reasoning in the 21st centur y
VAL COLIC-PEISKER & ADRIAN FLITNEY
The Age of Post-Rationality
Val Colic-Peisker • Adrian Flitney
The Age of Post-Rationality Limits of economic reasoning in the 21st century
Val Colic-Peisker RMIT University Melbourne, VIC, Australia
Adrian Flitney Heathmont, VIC, Australia
ISBN 978-981-10-6258-2 ISBN 978-981-10-6259-9 (eBook) https://doi.org/10.1007/978-981-10-6259-9 Library of Congress Control Number: 2017950579 © The Editor(s) (if applicable) and The Author(s) 2018 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: Pep Karsten/Getty Images Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Springer Nature Singapore Pte Ltd. The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore
To our respective surviving parents, Mr Radomir Colic and Mrs Hellgart Mahler-Flitney, a father and a mother who taught us the love of books and the value of thinking beyond the mundane.
Acknowledgements
This book was inspired by many people—not only by those who have asked and discussed similar questions to our own, including our friends, work colleagues, public commentators and authors but also those who have buttressed economic rationality as a twenty-first-century dogma by their public utterances, primarily mainstream politicians. The latter triggered many conversations from which this book emerged. Closer to home, we are particularly grateful to our friends, Dr Peter Waxman and Mr John Inverarity, whose sustained interest in advancing drafts of the book chapters provided us with valuable feedback, from broad intellectual contention to the minute editing. We also thank another couple of friends, Dr Michael Simpson and Ms Jan PrislinPlaninc, who read an earl
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