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Titlebook: Embodiment, Political Economy and Human Flourishing; An Embodied Cognitio Frédéric Basso,Carsten Herrmann-Pillath Book 2024 The Editor(s) (

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978-3-031-54973-1The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerl
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https://doi.org/10.1007/978-3-031-54971-7neuroeconomics; economic epistemology; economic sociology; social neuroscience; philosophy of neuroscien
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https://doi.org/10.1007/978-3-322-89419-9d economic theory presents a disembodied view of human beings and the market, both of which are usually conceptualized as information processors. This book challenges the prevailing intellectual status quo in economics and its recent developments, such as behavioral economics, which maintain a princ
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https://doi.org/10.1007/978-3-322-87779-6ories, abstracted from human and social realities. Disembodiment is characterized by the use of the computer metaphor for both agents and markets defining economic action as abstract processing of information. This was underpinned by three main motivations: Achieving disciplinary autonomy from psych
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https://doi.org/10.1007/978-3-322-84042-4cognition, and action; coupling organism and environment; and overcoming the opposition between rationality and emotion. This links the theoretical and empirical literature on embodiment to economists such as Smith and Keynes. The role of metaphor, conceptual blending, language, artifacts, and habit
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https://doi.org/10.1007/978-3-322-87780-2 self-determination and flourishing; and feelings, which ground valuation as enabling reasonable action. In this chapter the person is viewed as developmentally and historically unfolding, embedded in social relations, in the Hegelian tradition. Agency is analyzed in terms of the conceptual triad of
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https://doi.org/10.1007/978-3-662-08744-2tention is that money is the medium of abstraction in the market via inward embodiment of the opportunity cost principle associated with monetary prices, and a source of assetification via outward embodiment as cognitive blending of objects and money in pricing. Using the Aoki-Bourdieu model, the ch
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https://doi.org/10.1007/978-3-540-69465-6o others and to the world. Embodied economics offers a radical and concrete utopian alternative that aims to reinvent markets as communities. This chapter develops a critical reflection on market failures and externalities as conceptualized in the standard model, and the limits of potentially embodi
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