

Democracy in the Shadow of the Market
The following presentation was prepared for a talk delivered on 16 October 2026 at the invitation of Labris Platform. The presentation treats economics as part of life and places at its centre the social relations that shape it. Drawing on examples from philosophy, literature, music, painting, cartoons and cinema, it examines how the market order has shaped the conditions of life and the scope of democracy, from the Enlightenment and industrialisation to neoliberal globalisat
Arda Tunca
Oct 181 min read


Recovering the Historical Imagination of Economics
Never has economics possessed more powerful analytical tools. Yet it has rarely faced a world changing so rapidly. Artificial intelligence is reshaping technological competition while concentrating economic power in a handful of firms. Climate change has moved from an environmental concern to a defining economic constraint. Geopolitical rivalry increasingly shapes trade, investment, industrial policy, and technological development. Global supply chains, once celebrated as sym
Arda Tunca
Jul 2811 min read


Economics, Biology, and the Limits of Physics:Rethinking Method, Ethics, and the Nature of Economic Life
Introduction Modern economics defined itself, particularly after the marginal revolution, as a value-neutral, positive science modeled on physics. Equilibrium, optimization, and productivity became its organizing principles. This methodological choice delivered analytical clarity and mathematical tractability, but it did so by abstracting from historical irreversibility, institutional change, and ecological limits. As a result, economics became increasingly incapable of addre
Arda Tunca
Jul 218 min read


Placing Life at the Center: Nancy Fraser’s Vision for 21st-Century Socialism
Beyond Capitalism’s Contradictions After interrogating the structural contradictions of capitalism, its entanglement with ecological...
Arda Tunca
May 8, 20255 min read


Beyond the Market: What Makes a Good Economist Today?
“Economists should be like dentists,” John Maynard Keynes once said , technical, precise, and practical. Yet, for all their technical...
Arda Tunca
Apr 24, 202510 min read


Beyond the Market Myth: The Institutional Logic and Contradictions of Capitalism
In prevailing economic discourse, capitalism is typically understood as a market system, a neutral mechanism through which supply meets...
Arda Tunca
Apr 22, 20258 min read









