AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Unmasking Power Dynamics in Economic Narratives
The chapter challenges the notion of economics' objectivity by exploring how cultural narratives and societal inequalities shape market dynamics. It discusses the historical context of power dynamics in economics, critiquing traditional economic frameworks for overlooking these influences. Furthermore, it examines the impact of neoliberalism on competition policies and market consolidation, emphasizing the need for regulators to address broader societal impacts beyond efficiency and consumer welfare.