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- Publisher
- Cambridge University Press
- Copyright
- Copyright © Cambridge University Press 2015
- ISSN
- 1474-0028
- eISSN
- 0266-2671
- DOI
- 10.1017/S0266267115000012
- Publisher site
- See Article on Publisher Site
Abstract
Lisa Herzog's Inventing the Market: Smith, Hegel, and Political Theory is a book on a mission. Its aim is to persuade (liberal) political philosophers that they need to take ‘the market’ seriously and indeed are uniquely equipped to provide a much-needed philosophical and especially normative analysis of the market if only they would also take intellectual history seriously. Inventing the Market seeks to deliver on this mission by presenting a comparative interpretation of the models of market society in the works of Adam Smith (1723–1790) and Georg Wilhelm Friedrich Hegel (1770–1831), philosophers who ‘invented’ the views of the market that still form the parameters of debate for political philosophers today. After two separate chapters on Smith and Hegel, Herzog explores the relevance of Smith and Hegel for current debates in political philosophy on identity and community, desert and justice, and dimensions of freedom. She draws together the main conclusions of her study by framing them in terms of the issue of ‘the market in history’.A great merit of Inventing the Market is that it avoids polarizing issues between Smith and Hegel. It deftly traces points of similarity and continuity, as well as examining points of difference. In spite of
Journal
Economics & Philosophy – Cambridge University Press
Published: May 7, 2015