Economics for the Common Good: Two Centuries of Economic Thought in the Humanist Tradition

Economics for the Common Good: Two Centuries of Economic Thought in the Humanist Tradition

by Mark A Lutz
     
 

This volume provides an introduction to economics in terms of human rather than material welfare. In a time of increasing marketization, declining community and growing inequality, the author argues the case for a broader, more socially sensitive and ecologically sensible economic science.

Building on a venerable social economics tradition, the book recommends

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Overview

This volume provides an introduction to economics in terms of human rather than material welfare. In a time of increasing marketization, declining community and growing inequality, the author argues the case for a broader, more socially sensitive and ecologically sensible economic science.

Building on a venerable social economics tradition, the book recommends a more rational economic order and proposes new principles of economic policy. The issues covered include:

  • The inadequacy of individualistic economics in guiding socioeconomic policy
  • A critique of economic rationality
  • A reconsideration of the modern business corporation
  • A critical look at markets as a panacea
  • The harmful effects of international competition and finance
  • Economic misconceptions about ecological constraints.

The book introduces social economic concepts and challenges the reader to look beyond the confines of mainstream economic thinking to find solutions to these and other issues.

About the Author:

The author was born in 1941 and spent his childhood in Switzerland, before enrolling in the University of California, Berkeley, where he earned a Ph.D. in economics in 1971. Ever since, he has been teaching and researching at the University of Maine, Orono.

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Product Details

ISBN-13:
9780415143127
Publisher:
Taylor & Francis
Publication date:
04/16/1999
Series:
Routledge Advances in Social Economics Series
Pages:
320
Product dimensions:
6.14(w) x 9.21(h) x 0.81(d)
Lexile:
1550L (what's this?)

Table of Contents

Preface

1. Introducing Social Economics

2. The Grandfather of Social Economics: J.C.L. Simonde de Sismondi

3. The Germination of Social Economics on British Soil

4. In Sismondi's Spirit: John A. Hobson

5. Ethics, Science and Economic Welfare

6. Tracking the Common Good

7. How Reasonable Is Economic Rationality?

8. Rethinking the Corporation?

9. Whither the Market and Globalization?

10. The Ultimate Challenge

11. Social Economics as an Alternative

Bibliography

Guide to Further Reading

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