#markets #economics #commons #reason #highmodernism
Markets as an expression of humanity
Markets are the source of all ills in the capitalist world, right? This was my instinct before I started my MPA. Coming from a background in environmental worrying and occasional campaigning, it certainly seemed that markets were the cause of the relentless attack on the natural world and on the best attributes of people and society. After an intensive term learning about economics, in fact, after a second term letting the first one settle, I’ve come to understand markets in a different light. My sense now is that markets are simply one expression of a fundamental characteristic of humanity. Why they fail is a clue to why other aspects of our society are also not working.