The Perverse Economy

The Impact of Markets on People and the Environment

  • Authors
  • Michael Perelman

Table of contents

  1. Front Matter
    Pages i-v
  2. Michael Perelman
    Pages 1-5
  3. Michael Perelman
    Pages 7-19
  4. Michael Perelman
    Pages 21-78
  5. Michael Perelman
    Pages 79-117
  6. Michael Perelman
    Pages 119-131
  7. Michael Perelman
    Pages 133-144
  8. Michael Perelman
    Pages 145-174
  9. Michael Perelman
    Pages 175-183
  10. Back Matter
    Pages 185-217

About this book


The purpose of this book is to call for a wholesale rethinking of the way that markets treat both the labour and natural resources on which we all depend. It reveals how economic analysis justifies self-defeating policies that encourage wanton use of the environment and callous abuse of the least advantaged labourers. From Adam Smith to the present day, economic theory has short-changed the workers most crucial to the functioning of human life and offered skewed views of scarcity and extraction. Perelman will show how this approach has produced a discipline in which its followers' models and representations of the world around them are so removed from reality that continuing to abide by them would jeopardize both human capabilities and nature itself.


Adam Smith economic theory efficiency environment

Bibliographic information