£151.23

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£151 today · previous high £151 · all-time low £132

Routledge Against Utility-Based Economics - Life-Based Approach Book

Amazon

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£151.23 £129.93 £134.58 £139.23 £143.87 £148.52 £153.17 25 July 2026 12 August 2026 31 August 2026 18 September 2026 07 October 2026
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Description

This Routledge Frontiers of Political Economy volume challenges the foundations of utility-based theory and choice-theoretic frameworks, exposing their inherent biases and limitations. The author presents a radically different theoretical approach centred on existential interpretations of scarcity, value, and self-interest. For self-conscious mortals, time represents the only true scarcity, with all other forms of scarcity being derivative. Value manifests in life itself as a knowledge extract of time embedded in commodities through direct human labour and depreciated capital during production. By structuring their preferences strategically, consumers attempt to appropriate greater value per unit of time. This philosophical and economic critique offers scholars, economists, and social scientists a compelling alternative framework for understanding consumer behaviour and economic theory beyond traditional utility-maximisation models.

Key Features

Routledge publication providing rigorous academic critique of utility-based economic theory and its methodological flaws.

Introduces life-based approach to value theory grounded in existential philosophy and time scarcity principles.

Reframes consumer behaviour analysis through labour value and capital depreciation rather than preference maximisation.

Explores the relationship between human mortality, temporal scarcity, and economic decision-making structures.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
25 June 2013
Listed Since
20 November 2012

Barcode

No barcode data available

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