Word: capitalist
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...decision reflects a committment shared by all but a small minority of senior faculty to defend the structure of power and privilege, both within the Economics Department and in the larger capitalist society...
...belief that personality transcends politics is tied up with the very basis of our thinking. We could no more discard that belief than we could our sexual urges. Yet that belief is as ideologically charged as, say, the belief in the inevitability of class conflict. It is essential to capitalist rhetoric. To enshrine it artistically is to vitiate the power of any contending political and moral principles. When the issues are cast in these terms, however implicitly, the motive for social change disappears. The acceptance of this principle implies that each individual can reach earthly happiness without taking political action...
...widespread acceptance of zero growth springs from the widespread depression and demoralization of capitalist society," he added...
Simply put, the Economics Department's senior faculty does not regard radical economics as a substantial field. Although senior faculty members admit that the radicals ask important questions about the capitalist system, they argue that these questions are unanswerable and outside the scope of conventional economics. Some, but not all, of the Department's senior faculty members feel that economists must focus exclusively on questions of economic performance and leave questions about the socio-political context in which economic activity takes place entirely to sociologists and political scientists...
Excluding these questions from the field of economics--supposedly for the sake of academic rigor--leaves some important questions about the capitalist system unanswered. At best it seems somewhat silly, and at worst, it is suspicious ideologically to discourage an approach--in this case an anti-capitalist one--merely because so far it has not answered the important questions it has asked...