An Economic Turn: A Hermeneutical Reinterpretation of Political Economy with Respect to the Question of Land

An Economic Turn: A Hermeneutical Reinterpretation of Political Economy with Respect to the... © Koninklijke Brill NV, Leiden, 2011 DOI: 10.1163/221062811X594414 Research in Phenomenology 41 (2011) 297–326 brill.nl/rp R e s e a r c h i n P h e n o m e n o l o g y An Economic Turn: A Hermeneutical Reinterpretation of Political Economy with Respect to the Question of Land Todd S. Mei University of Kent Abstract The philosophy of economics has been largely guided by analytic philosophy. Even Marx has been appropriated without much scandal by economists who separate his scientific contributions from his politics. In this article, I place philosophical hermeneutics (i.e., Heidegger and Ricoeur) in dialogue with the conventional understanding of land as a factor of production. The history of political economy misunderstands land as an entity classifiable as property and capital. I argue instead that land’s ontological role, deriving from Heidegger’s concept of earth, suggests that economics needs to account for it in a new way according to David Ricardo’s notion of land rent. Keywords hermeneutics, economics, land, rent, David Ricardo This article is interdisciplinary in its scope, attempting to place in dialogue economics and the philosophical hermeneutics of Martin Heidegger and Paul Ricoeur.* The title “An Economic Turn” is http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Research in Phenomenology Brill

An Economic Turn: A Hermeneutical Reinterpretation of Political Economy with Respect to the Question of Land

Research in Phenomenology, Volume 41 (3): 297 – Jan 1, 2011

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Publisher
Brill
Copyright
© 2011 Koninklijke Brill NV, Leiden, The Netherlands
ISSN
0085-5553
eISSN
1569-1640
D.O.I.
10.1163/221062811X594414
Publisher site
See Article on Publisher Site

Abstract

© Koninklijke Brill NV, Leiden, 2011 DOI: 10.1163/221062811X594414 Research in Phenomenology 41 (2011) 297–326 brill.nl/rp R e s e a r c h i n P h e n o m e n o l o g y An Economic Turn: A Hermeneutical Reinterpretation of Political Economy with Respect to the Question of Land Todd S. Mei University of Kent Abstract The philosophy of economics has been largely guided by analytic philosophy. Even Marx has been appropriated without much scandal by economists who separate his scientific contributions from his politics. In this article, I place philosophical hermeneutics (i.e., Heidegger and Ricoeur) in dialogue with the conventional understanding of land as a factor of production. The history of political economy misunderstands land as an entity classifiable as property and capital. I argue instead that land’s ontological role, deriving from Heidegger’s concept of earth, suggests that economics needs to account for it in a new way according to David Ricardo’s notion of land rent. Keywords hermeneutics, economics, land, rent, David Ricardo This article is interdisciplinary in its scope, attempting to place in dialogue economics and the philosophical hermeneutics of Martin Heidegger and Paul Ricoeur.* The title “An Economic Turn” is

Journal

Research in PhenomenologyBrill

Published: Jan 1, 2011

Keywords: land; David Ricardo; hermeneutics; economics; rent

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