Challenging Economic Assumptions

Gerry McCartney and Carmel Williams

Challenging Economic Assumptions podcast is kind of self-descriptive. It is about challenging our assumed ideas and beliefs of the economic system we live with, which determines so much of our lives, our values and understanding of the world. In this series we hope to unpack some of the not-so-often questioned economic thinking that has lead us here and where we can go next. We talk to various thinkers and activists on the underlying economic assumptions that permeate our society, attempting to uncover new ways forward.

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  1. 24. Juli

    Bridget Fowler | Sociological critiques of orthodox economics, social class, and inequality

    In today’s episode Gerry is joined by Professor Bridget Fowler, Emeritus Professor of Sociology at the University of Glasgow. Professor Fowler is interested in social theory (with reference, particularly, to Marx, Bourdieu and social class) and the sociology of culture, including architecture and the obituary. At present she is finishing a book elaborating on this last article, entitled provisionally: Pierre Bourdieu: Reproduction and Social Transformation. In this episode, Bridget explores the hidden assumptions underpinning mainstream economics and challenges the idea of homo economicus, which is the rational, self-interested individual at the heart of neoclassical and neoliberal theory. Drawing on the work of Pierre Bourdieu, Émile Durkheim, Thomas Piketty and Mariana Mazzucato, the conversation examines how social class, history, culture and power shape economic behaviour in ways conventional economic models often overlook. Together, Gerry and Bridget unpack the reasons behind persistent inequalities, why wealth has become increasingly concentrated since the 1970s, and how changes to taxation, labour protections and economic policy have transformed modern societies. They also explore whether alternative economic perspectives can reshape public policy and what role social movements might play in creating more equitable futures. Whether you’re interested in economics, sociology, public policy or social justice, this episode offers a thought-provoking perspective on the ideas that shape our economies and everyday lives.   Interested in learning more? The ideas discussed in this episode draw on a rich body of work across sociology, economics and political economy. Here are some recommended starting points: Books Pierre Bourdieu – Distinction: A Social Critique of the Judgement of TastePierre Bourdieu, 2000, Pascalian Meditations, Cambridge: Polity.Pierre Bourdieu’s The State Nobility (Polity), chapter 2Thomas Piketty – Capital in the Twenty-First CenturyThomas Piketty – Capital and IdeologyMariana Mazzucato – The Value of EverythingÉmile Durkheim – The Division of Labour in Society Research and organisations Sutton Trust reports on educational inequality and social mobilityWorld Inequality Database (WID)OECD reports on inequality and social mobility This podcast is supported by University of Glasgow and the Centre for Health in All Policies Research Translation (CHiAPRT). Feel free to follow us and share our podcast online and with anyone you think will enjoy it!

  2. 20. Apr.

    Justin O'Connor | Reclaiming Culture as a Social Foundation

    In today’s episode Gerry and Carmel are joined by Professor Justin O’Connor from Adelaide University. A leading expert in cultural policy, Justin discusses the evolution of culture’s role in society, its commodification, and the importance of re-establishing culture as a foundational social good, crucial to democratic participation and to counteract rising far-right ideologies and societal polarisation. While culture is often broadly defined as the sum of our shared meanings and interactions - echoing anthropologist Edward Tylor’s notion that “culture is everything that is not nature” - Justin O’Connor focuses on a more specific understanding of “art and culture”. Through images and sounds, movements and rhythms, and poetic language, culture speaks to our place in the world. It enables collective meaning-making and communication through distinctive forms of symbolic knowledge that lie beyond purely rational discourse, offering an indispensable, if sometimes opaque, contribution to our shared social life. Justin calls for a radical repositioning of culture as a foundational element of society and a core domain of public policy, alongside health, education, social services, and basic infrastructure. Challenging reductionist views that frame culture as merely a market-driven consumer sector (the ‘cultural and creative industries industries’), a luxury, or a component of the ideological superstructure, he instead presents culture as essential to social reproduction, liveability, and citizenship. By prioritising community engagement and sustained advocacy for robust cultural policies, we can ensure that culture continues to thrive alongside economic development. Resources to explore  Justin O'Connor's Book: Culture is Not an Industry Open access papers by Justin and colleagues on Culture as Foundational here and here.  Open Access paper on Basic Income for Artists Community Wealth Building Initiatives UNESCO Cultural Policy Resources Creative Nation (Australia) Policy This podcast is supported by University of Glasgow theCentre for Health in All Policies Research Translation (CHiAPRT), and Adelaide University. Feel free to follow us and share our podcast online and with anyone you think will enjoy it. Thank you for tuning in!

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Challenging Economic Assumptions podcast is kind of self-descriptive. It is about challenging our assumed ideas and beliefs of the economic system we live with, which determines so much of our lives, our values and understanding of the world. In this series we hope to unpack some of the not-so-often questioned economic thinking that has lead us here and where we can go next. We talk to various thinkers and activists on the underlying economic assumptions that permeate our society, attempting to uncover new ways forward.