Economics need to change - now more than ever! With Exploring Economics, we strengthen alternative economic approaches and counter mainstream economics with a critical and pluralistic vision of economic education. We also provide background analyses on current economic debates to strengthen a critical economic discourse.
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The current juncture has exposed and magnified the several existing cracks in our social and economic system, particularly those along the lines of gender, race, caste, sexuality, religion. The Black Lives Movement that recently gained momentum is a representation of the discontent with the current unjust economic order. In this context, this book is a timely and powerful intervention that makes a case for economic reparations for the US descendants of slavery. The authors provide a detailed historical evaluation of inequality that is ‘born of slavery’, and examine the intergenerational impact of the racial hierarchy in the social and political sphere on the economic well-being of the black population in the US. They assign a monetary value to these historical injustices and make a compelling case for a reparation program for the US descendants of slavery.