Decolonizing Economics by Carolina Alves

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Product Ref. (e.g. ISBN, SKU)
9781509545483
Published:
30 May 2025
Format:
Paperback
Number of pages:
256 pages
Dimensions:
15mm
Weight:
0.680kgs
Author:
Is economics a neutral scientific field, or is it riddled with eurocentric biases that stem from its origins in the development of capitalism, colonialism, and slavery? This book makes the case that economics cannot extricate itself from its highly problematic imperial context without a rigorous process of decolonization, which must involve questioning and re-assessing the development of the field and how it came to be represented as a universal and objective science. In doing so, argue the authors, we can challenge the existing intellectual hierarchies and show that the field as it stands now has become ill-equipped to tackle the critical questions of our time, such as structural racism, environmental crisis, informal labour relations and the role of power in shaping economic outcomes.

Decolonization has long been debated across the social sciences, but the economics discipline has so far avoided such critical engagement. This book provides a much-needed intervention.

Dutt, Alves, Kesar and Kvangraven uncover the deeply Eurocentric foundations of the economics discipline that fundamentally shape how economists study the world today. These have rendered the discipline ill-equipped to tackle critical questions of our time, such as structural racism, uneven development, the climate crisis, labour relations, and how structural power shapes economic outcomes. Decolonizing economics entails challenging the norms of neutrality and objectivity that economists claim to speak from, while fostering alternative ways of understanding the economy that take seriously the problematic dynamics of structural power relations and contemporary processes of economic growth and development. Readers will come to understand the political stakes of decolonization and the wide range of scholarship that already exists that can help us grasp economics from non-Eurocentric perspectives. Through such scholarship, we can gain an enriched understanding of capitalism and its relationship to exploitation, colonialism, and racialization.

The author order is randomized. All authors contributed equally to the book.

About the Author: Devika Dutt is Lecturer in Development Economics at King's College London.Carolina Alves is Associate Professor in Economics at the Institute for Innovation and Public Purpose (IIPP) at University College London, and a Fellow in Economics at Girton College, University of Cambridge.Surbhi Kesar is Senior Lecturer in Economics at SOAS, University of London.Ingrid Harvold Kvangraven is Senior Lecturer in International Development at King's College London.

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Number of pages 256

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