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that, no doubt because Streeck is not an economist, he does not challenge the orthodox interpretations of economic history that he presents (though I don't doubt that some here will do that). However, he does challenge, very strongly, the moral and ethical transformations imposed by the colonisation of public discourse by standard economics. Hayek, who reduces the notion of social justice to a quasi-religious superstition, has triumphed... "market justice" is what we get. This notion seems to me to be both redundant (if "perfect market" outcomes are defined to be just, it's hardly worth keeping the archaic notion of justice at all) and tautological.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Fri Aug 15th, 2014 at 01:05:57 PM EST

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