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Cambridge Journal of Economics 26:81-103 (2002)
Copyright © 2002 Cambridge Political Economy Society
Article |
Modern economics: the case of the disappearing body?
Merrimack College and University of Notre Dame
Abstract
The human body is said, by critics of mainstream, modern economics, to have disappeared from economic theory over the past century. Like subjectivity, the body is thought to have been displaced through mathematical formalism. In this paper, we present the story of this purported disappearance, from the emergence of the full desiring and labouring body in Classical economics to its supposed elimination in contemporary neoclassical theory. We also present a critique of this narrative, since the story of the body's disappearance presumes a universal real body as a norm. In criticising this story for its humanism and universalism, we provide an alternative reading of contemporary neoclassical economics in which a decentred, fragmented, postmodern body (rather than no body at all) can be seen to emerge.
Key Words: Body Classical political economy Methodology Postmodernism Heterodox economics