The Econocracy

After Piketty and Sachs – come another critical work that I am now reading.

As members of Rethinking Economics, an international student movement seeking to reform the discipline of economics, we are campaigning for a more pluralist, critical and participatory approach. We conduct workshops in schools, run evening crash courses for adults, and this year launched Economy, a website providing accessible economic analysis of current affairs and a platform for lively public debate. We want economists and citizens to join us in our mission to democratise economics.

econocracy

What is important in this book is the ‘expert’ voice in my profession – Design – is incrediby out of touch with the everyday voices of people. We educate people to the new ‘technical’ words, jargon, we use as an essential condition for appreciating Design (and art of course).

We have also seen the economisation of daily life, so that parts of society as diverse as the arts and healthcare now justify their value in terms of their contribution to the economy. But in this process economists have largely ignored citizens and failed to consider their right to participate in discussion and decision-making.

I am reading about economics – as someone who critiques Design as focussed upon ‘expensive stuff for rich people’ – and alongside this pondering the Designocracy that we witness now.

lamented that economists had “failed to communicate basic economic concepts to politicians, journalists and businesspeople, never mind the public

The text – quotes – are from this book-review in the Guardian.

 

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