Educating Capitalists: A Rejoinder to Wright and Tsakalotos

Abstract:     
The paper takes up the basic issue, addressed by both commentators, of whether one can speak of economic performance as a general interest superseding the special interests of groups or classes. It suggests a dynamic concept of capitalist class interests that allows for a contingent, precarious, and perhaps increasingly less feasible reconciliation between general and special interests in economic performance.

Keywords: institutions, interests, preferences, equity and efficiency, functionalism

JEL Classification: P16

Accepted Paper Series