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(Quasi)Scarcity and Global Hunger: A sociological critique of the scarcity postulate with an effort to synthesis

Författare och institution:
Adel Daoud (Sociologiska institutionen)
Publicerad i:
Association for Heterodox Economics 10th Annual Conference 2008, Anglia Ruskin University, Cambridge,
Konferensbidrag, refereegranskat
Sammanfattning (abstract):
The purpose of this essay is to formulate a sociological critique of the concept of scarcity in mainstream economics by synthesising necessary conceptions in the construction of a theoretical structure with greater explanatory power than the current mainstream articulation. Mainstream economics asserts the universality of scarcity (the scarcity postulate). A critical scrutiny of this assertion is conducted by discussing the empirical phenomenon of global hunger in relation to a theoretical elaboration of the concepts of scarcity and abundance. The historical origins of the scarcity postulate is traced to the work of Carl Menger (1840–1921). The concern of global hunger shows that there is abundance of food goods, but still frustration of human needs occurs. An alternative approach is developed through a theoretical synthesis of Menger, Amartya Sen and critical realism, which asserts an ontologically stratified, differentiated and geo-historically conditioned understanding of scarcity and abundance. It is proposed that this approach is more fruitful than the scarcity postulate in explaining the process and conditions of frustration and satisfaction of human needs. Merely postulating scarcity tends to veil the underlying causes of poverty in general and hunger in particular. Central implications of the new model for soci0economic analysis are considered.
Ämne (baseras på Högskoleverkets indelning av forskningsämnen):
Ekonomi och näringsliv
Ekonomi och näringsliv ->
abundance, emancipation, global hunger, human needs, mainstream economics, scarcity
Postens nummer:
Posten skapad:
2009-01-15 08:06
Posten ändrad:
2011-01-20 10:00

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