Abstract

Nothing is wrong with economics. Sometimes, economics is better than its reputation, and in several case it has a lot to offer. What is, however, wrong, is mainstream economists’ ideological, liberalist abuse of economics. Simultaneously, economic speculation is being extended to still broader fields, where economists have no insight except an airy “economic way of thinking”. For decades we have known that the challenges of our time, global environment and global distribution, desperately require collective action, and also that this is precisely what market governance can not deliver. How market ideology could invade our collective mind so forcefully during these same decades remains a mystery.