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Cultural Materialism and Institutional Economics

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  • Jackson, William A.

Abstract

Economics and culture have usually been kept apart in academic discussion. The resulting division is damaging to economics, since important cultural questions such as the formation of preferences, the influence of ideology and the relation between the individual and society are systematically neglected. Outside economics, however, anthropologists and literary theorists have formulated a 'cultural materialism' that seeks to reintegrate culture with the material world. This paper argues that the cultural materialist perspective has strong affinities with institutional economics and can provide a framework for a more culturally sensitive approach to economic theorising.

Suggested Citation

  • Jackson, William A., 1996. "Cultural Materialism and Institutional Economics," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 54(2), pages 221-244.
    • Handle: RePEc:zbw:espost:262113
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    References listed on IDEAS

    as
    1. William A. Jackson, 1995. "Naturalism in Economics," Journal of Economic Issues, Taylor & Francis Journals, vol. 29(3), pages 761-780, September.
    2. Lawson, Tony, 1989. "Abstraction, Tendencies and Stylised Facts: A Realist Approach to Economic Analysis," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 13(1), pages 59-78, March.
    3. Rutherford,Malcolm, 1996. "Institutions in Economics," Cambridge Books, Cambridge University Press, number 9780521574471.
    4. Anne Mayhew, 1987. "The Beginnings of Institutionalism," Journal of Economic Issues, Taylor & Francis Journals, vol. 21(3), pages 971-998, September.
    5. Anne Mayhew, 1987. "Culture: Core Concept under Attack," Journal of Economic Issues, Taylor & Francis Journals, vol. 21(2), pages 586-603, June.
    6. Philip Mirowski, 1987. "The Philosophical Bases of Institutionalist Economics," Journal of Economic Issues, Taylor & Francis Journals, vol. 21(3), pages 1001-1038, September.
    7. Clive Beed, 1991. "Philosophy of Science and Contemporary Economics: An Overview," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 13(4), pages 459-494, July.
    8. William Dugger, 1990. "The New Institutionalism: New But Not Institutionalist," Journal of Economic Issues, Taylor & Francis Journals, vol. 24(2), pages 423-431, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    culture; materialism; anthropology; literary theory; institutional economics; scientific realism;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • Z10 - Other Special Topics - - Cultural Economics - - - General

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