Social-choice theory is nearly as neoliberal as public-choice theory

Evidence

87 In this regard, the nominally left-liberal tradition of “social-choice theory” (Kenneth Arrow, Amartya Sen, John Rawls) by this criterion is virtually as neoliberal as the right-wing tradition of the “public-choice theory” of Buchanan and Tullock and the Virginia School. See Amadae, Rationalizing Capitalist Democracy; Arnsperger, Critical Political Economy. — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 1865

Categorization

• XREF: Connects to the reader’s prior social-capital and rational-choice readings (Mark Granovetter; Coleman), and challenges the self-image of left-leaning formal political theory. — connects to: Public choice theory explains election-driven booms and slumps as vote maximization — Mark Blyth, Austerity: The History of a Dangerous…, 415; Public choice theory treats all policy as self-interested coalitional maneuvering — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1583

Broader Connections

• Public choice theory treats all policy as self-interested coalitional maneuvering #expands (0.80) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1583