Reconsidering Identity Economics : Human Well-Being and Governance, Hardback Book

Reconsidering Identity Economics : Human Well-Being and Governance Hardback


This book presents an unorthodox identity economics that approaches social identity through a non-classical psychology.

Garai applies the modern physics concept of wave-particle duality to economic psychology, finding a corresponding duality in object-oriented activity and historically generated social identity.

These two factors interconnect to create a double-storied structure of social identity and its behavioral manifestations.

The book then presents a calculation device for mediating between behavioral and identity economics.

Garai then applies all these factors to two socioeconomic systems developed during the second modernization: Bolshevik-type "socialism" and post-Bolshevik "capitalism." In this context, he examines the Eastern Bloc nomenklatura as a duality of bureaucratic and patron-client organization ("state and party") and the establishment of both today's material capitalism and its other half: human capital economics.


  • Format: Hardback
  • Pages: 172 pages, XI, 172 p.
  • Publisher: Palgrave Macmillan
  • Publication Date:
  • Category: Economic theory & philosophy
  • ISBN: 9781137525604

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