Abstract
Nelson challenges the reader to consider the question “What is a market?” as a koan—an invitation for investigation. Many advocates for social justice, including many followers of wisdom traditions, call for an economy that is defined in opposition to what is assumed to be the essence of our current economic system. Believing that current economies are based on competition and globalization, for example, critics claim that the alternative must be defined by cooperation and local initiatives. But are these beliefs correct? Opening up to a recognition of the interdependent co-arising of economic relations reveals new avenues for advocating social justice.
This is a preview of subscription content, log in via an institution to check access.
References
Bratton, W. W. (2011). At the conjunction of love and money: Comment on Julie A. Nelson, does profit-seeking rule out love? Evidence (or not) from economics and law. Washington University Journal of Law and Policy, 35, 109–115.
Jones, K. (2003). The new social face of Buddhism: A call to action. Boston: Wisdom Publications.
Loy, D. R. (2008). Money, sex, war, karma: Notes for a Buddhist revolution. Boston: Wisdom Publications.
Magnuson, J. (2008). Mindful economics: How the U.S. economy works, whit it matters, and how it could be different. New York: Seven Stories Press.
Nelson, J. A. (2006). Economics for humans. Chicago: University of Chicago Press.
Nelson, J. A. (2011). The relational economy. In L. Zsolnai (Ed.), Ethical principles and economic transformation: A Buddhist approach (pp. 21–33). Dordrecht: Springer.
Nelson, J. A. (2016a). Husbandry: A (feminist) reclamation of masculine responsibility for care. Cambridge Journal of Economics, 40, 1–15.
Nelson, J. A. (2016b). Poisoning the well, or how economic theory damages moral imagination. In G. DeMartino & D. McCloskey (Eds.), The Oxford handbook of professional economic ethics (pp. 184–199). Oxford: Oxford University Press.
Norberg-Hodge, H. (2002). Buddhism in the global economy. In A. H. Badiner (Ed.), Mindfulness in the marketplace: Compassionate responses to consumerism (pp. 15–27). Berkeley: Parallax Press.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2018 The Author(s)
About this chapter
Cite this chapter
Nelson, J.A. (2018). The Koan of the Market. In: Giorgino, V., Walsh, Z. (eds) Co-Designing Economies in Transition. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-66592-4_7
Download citation
DOI: https://doi.org/10.1007/978-3-319-66592-4_7
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-66591-7
Online ISBN: 978-3-319-66592-4
eBook Packages: Economics and FinanceEconomics and Finance (R0)