MYTHS OF THE POLITICAL-ECONOMIC WORLD VIEW A MYTH IS a traditional story that offers an explanation of some fact or phenomenon. Myths are neither wholly true nor wholly untrue. They may have been more true in the past than now, but people act as if they are still true, even when they no longer really believe in them. Some modem usages of the word have connotations that suggest that myths are irrelevant or wrong, but …showed first 75 words of 3692 total…

…showed last 75 words of 3692 total…property are also known to be critically important cultural components of any stable society. Important areas of human social activity (concern about the distant future; respect for land, resources, and environment; spirituality; etc.) have little to do with independent individual preferences. 52 Markets must always be held accountable to the greater social interest, something that may be forgotten by those caught up in the excitement of economic reform. 53 The greater environmental interest is no less important.