Institutions embody the “rules of the game in a society,” according to Nobel Laureate Douglas North. These humanly devised constraints shape people’s interactions – political, social and economic – and establish a stable social structure. But what if the rules are deeply unequal, devised largely by the powerful? And is stability which entrenches inequality even desirable?
Noted economist Bina Agarwal’s lecture will demonstrate how women face deep inequalities in rules and norms, which, in turn, create severe inequalities in their access to both private and public property. Based on her research, she challenges standard economic analysis to show how these inequalities undermine both economic efficiency and social justice. She also outlines pathways to change, such as by enhancing women’s bargaining power in multiple arenas: the family, community, markets, and state.
Agarwal is an award-winning author whose most recent three volume compendium, “Gender Challenges,” unravels the nature of gender inequality in multiple institutions: those governing agriculture, property, and the environment. She is professor of development economics and environment at the University of Manchester, UK. Prior to this, she was director and professor of economics at the Institute of Economic Growth at Delhi University.
6:00pm, Tuesday, October 25th
The New School
6 East 16th Street, Wolff Conference room 1103
New York, NY
Livestream - Watch online if you can't attend in person
The event is free and open to the public.
The Robert Heilbroner Memorial Lecture on the Future of Capitalism is sponsored by the Schwartz Center for Economic Policy Analysis (SCEPA).
The Robert Heilbroner Memorial Lecture on the Future of Capitalism:
The Heilbroner lecture honors the work of Robert Heilbroner, who was both a student and a professor in the economics department of The New School for Social Research. This event is dedicated to understanding questions of economic justice and how the profit-seeking activities of private firms might also serve broader social goals. To use Heilbroner’s words, “capitalism’s uniqueness in history lies in its continuously self-generated change, but it is this very dynamism that is the system’s chief enemy.”
Founded in 1919, The New School was born out of principles of academic freedom, tolerance, and experimentation. Committed to social engagement, The New School today remains in the vanguard of innovation in higher education, with more than 10,000 undergraduate and graduate students challenging the status quo in design and the social sciences, liberal arts, management, the arts, and media. The New School welcomes thousands of adult learners annually for continuing education courses and lectures, screenings, readings, and concerts. Through its online learning portals, research institutes, and international partnerships, The New School maintains a global presence. Learn more at www.newschool.edu.
When & Where
The New School
The New School is a major, degree-granting university where design and social research drive approaches to studying issues of our time. United by the core values of academic freedom, tolerance and experimentation, The New School prepares its more than 10,500 students to understand, contribute to, and succeed in a rapidly changing society, and thus make the world a better and more just place.
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