Civilizing the Economy: A New Economics of Provision

Civilizing the Economy: A New Economics of Provision

by Marvin T. Brown
     
 

ISBN-10: 0521152461

ISBN-13: 9780521152464

Pub. Date: 04/01/2010

Publisher: Cambridge University Press

When a handful of people thrive while whole industries implode and millions suffer, it is clear that something is wrong with our economy. The wealth of the few is disconnected from the misery of the many. In Civilizing the Economy, Marvin Brown traces the origin of this economics of dissociation to early capitalism, showing how this is illustrated in Adam Smith's…  See more details below

Overview

When a handful of people thrive while whole industries implode and millions suffer, it is clear that something is wrong with our economy. The wealth of the few is disconnected from the misery of the many. In Civilizing the Economy, Marvin Brown traces the origin of this economics of dissociation to early capitalism, showing how this is illustrated in Adam Smith's denial of the central role of slavery in wealth creation. In place of the Smithian economics of property, Brown proposes that we turn to the original meaning of economics as household management. He presents a new framework for the global economy that reframes its purpose as the making of provisions instead of the accumulation of property. This bold new vision establishes the civic sphere as the platform for organizing an inclusive economy and as a way to move toward a more just and sustainable world.

Product Details

ISBN-13:
9780521152464
Publisher:
Cambridge University Press
Publication date:
04/01/2010
Pages:
282
Product dimensions:
5.90(w) x 8.90(h) x 0.60(d)

Related Subjects

Table of Contents

List of figures

List of tables

Preface

1 Introduction: creating a just and sustainable economy 1

Part I: Creating a new economic framework 15

2 Adam Smith's silence and an economics of property 17

3 Reclaiming the notions of provision and family 34

4 Making provisions in a dangerous world 45

Part II: The civic option 57

5 From property relations to civic relations 59

6 Society, civil society, and the market 69

7 Restoring reciprocity 83

8 Civic norms and market competition 96

Part III: A civic view of labor, land, and money 107

9 Labor: employment as engagement 109

10 Land: ownership as a concession 121

11 Money: commodity or credit 130

Part IV: Civilizing economic systems 143

12 A world of systems 145

13 Imagining a stakeholder economy 159

14 The ethics of economic systems 178

15 Changing systems of provision 193

Part V: A civic agenda 207

16 The civic obligations of corporations 209

17 Creating circumstances for civic conversations 222

Appendix: Free enterprise and the economics of slavery 235

Bibliography 254

Index 262

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