An Economic Turn: A Hermeneutical Reinterpretation of Political Economy with Respect to the Question of Land
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Abstract
The philosophy of economics has been largely guided by analytic philosophy. Even Marx has been appropriated without much scandal by economists who separate his scientific contributions from his politics. In this article, I place philosophical hermeneutics (i.e., Heidegger and Ricoeur) in dialogue with the conventional understanding of land as a factor of production. The history of political economy misunderstands land as an entity classifiable as property and capital. I argue instead that land’s ontological role, deriving from Heidegger’s concept of earth, suggests that economics needs to account for it in a new way according to David Ricardo’s notion of land rent.
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An Economic Turn: A Hermeneutical Reinterpretation of Political Economy with Respect to the Question of Land
In: Research in PhenomenologySearch for other papers by Todd S. Mei in
Current site
Google Scholar
PubMed
Abstract
The philosophy of economics has been largely guided by analytic philosophy. Even Marx has been appropriated without much scandal by economists who separate his scientific contributions from his politics. In this article, I place philosophical hermeneutics (i.e., Heidegger and Ricoeur) in dialogue with the conventional understanding of land as a factor of production. The history of political economy misunderstands land as an entity classifiable as property and capital. I argue instead that land’s ontological role, deriving from Heidegger’s concept of earth, suggests that economics needs to account for it in a new way according to David Ricardo’s notion of land rent.
| All Time | Past Year | Past 30 Days | |
|---|---|---|---|
| Abstract Views | 382 | 48 | 1 |
| Full Text Views | 91 | 1 | 0 |
| PDF Views & Downloads | 65 | 5 | 0 |