Jamal Awil

← The Morals of the Market

Bauer depicted generalised poverty as a result of the absence of an institutional structure. [fact]

Bauer depicted generalised poverty as a result of the absence of an institutional structure capable of promoting the subjective qualities the competitive market required. His remedies were not as brutal as those used by the Chicago Boys in Chile, but the aim was the same: to eradicate non-market sources of social reproduction in order to enforce submission to the market and cultivate entrepreneurial subjects.

Jessica Whyte, The Morals of the Market, loc. 408