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The Illusion of Free Markets
by Bernard E. Harcourt
Harvard University Press, 2011
eISBN: 978-0-674-05936-8 | Paper: 978-0-674-06616-8 | Cloth: 978-0-674-05726-5
Library of Congress Classification HV9950.H393 2011
Dewey Decimal Classification 330.1553

ABOUT THIS BOOK | TOC
ABOUT THIS BOOK
Harcourt argues that the way we think about markets has distorted the way we think about criminal justice, to the detriment of both spheres. He calls to task the conceptualization of market exchange as “free” and “natural,” an idea he traces back to the 18th-century French Physiocrats, and finds reinforced in modern neoliberal theory. This “illusion” continues to contribute to the expansion of American penality, as those who bypass the natural order of the market system are subject to policing and punishment by a government whose primary purpose is to protect the unfettered operation of capitalism.

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