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When does the pursuit of self-interest go too far, lapsing into morally unacceptable behavior? Until the unprecedented events of the recent global financial crisis economists often seemed unconcerned with this question, even suggesting that "greed is good." A closer look, however, suggests that greed and lust are generally considered good only for men, and then only outside the realm of family life. The history of Western economic ideas shows that men have given themselves more cultural permission than women for the pursuit of both economic and sexual self-interest. Feminists have long contested the boundaries of this permission, demanding more than mere freedom to act more like men. Women have gradually gained the power to revise our conceptual and moral maps and to insist on a better-and less gendered-balance between self interest and care for others.This book brings women's work, their sexuality, and their ideas into the center of the dialectic between economic history and the history of economic ideas. It describes a spiralling process of economic and cultural change in Great Britain, France, and the United States since the 18th century that shaped the evolution of patriarchal capitalism and the larger relationship between production and reproduction. This feminist reinterpretation of our past holds profound implications for today's efforts to develop a more humane and sustainable form of capitalism.
This book investigates the historical intersection of gender, morality, and economic self-interest to determine how patriarchal structures have shaped the evolution of capitalism. Nancy Folbre, a distinguished economist and professor, utilizes a historical framework spanning the 18th century to the present to analyze how cultural norms regarding greed and lust have been applied unevenly across gender lines. By examining the dialectic between production and reproduction, she argues that the traditional economic focus on self-interest has historically excluded the essential contributions of women's work and caregiving.
What You Will Find
Experts recognize this work as a significant contribution to feminist economics, noting its ability to bridge the gap between historical economic theory and contemporary social issues. Readers frequently highlight the clarity of Folbre's arguments regarding the systemic devaluation of care work within capitalist frameworks.
Page Count:
304
Publication Date:
2010-01-18
Publisher:
Oxford University Press
ISBN-10:
0199238421
ISBN-13:
9780199238422
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