Social Economics

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Social Economics is a way of thinking about economic affairs that begins with the philosphical foundations. It begins at this level, frequently overlooked by mainstream economists, to illustrate how critical premises are in the construction of an economy and the repair of a dysfunctional economy.
Social Economics uses these premises to undertake a rich range of empirical and policy related work. Much of this work is represented in this volume, which brings together leading practioners from the field of social economics. Subjects addressed include:

• values and premises in social economics

• justice, solidarity and community

• repairing the dysfunction of capitalist economies

• the transition from command economies

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Editorial Reviews

William Waters, to whom these 13 chapters are dedicated, identifies two components of social economics as a careful description of the economy and economic policy. The third component is the philosophical premises which shape and form how economists think about economic affairs. The chapters are organized around five themes: the origins of values and premises; producing efficiently, turning a profit, and investing it; justice, solidarity, and community; repairing the dysfunction of capitalist economies; and the transition from command economies. Annotation c. by Book News, Inc., Portland, Or.
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Product Details

Table of Contents

List of contributors
Editor's preface
Introduction 1
1 Economic History as a Source of Socioeconomic Normative Value 9
2 John Stuart Mill: A Herald of Social Economics 18
3 Philosophical Foundations of Social Economics: Marx, Schumpeter, and Keynes 32
4 Gain-Seeking: The Economoral Nexus 47
5 The Investment Decision as Moral Choice: The Perspective of Centesimus Annus 59
6 Solidarity and Community in the World Economy 75
7 Self-Interest, Economic Efficiency, and the General Welfare 90
8 Doubts About Competition 109
9 Ethical Conflicts in Managing the S&L Insurance Mess 125
10 The Civil World of Business: Evolving Systems of Social Accountability 145
11 Catholic Social Doctrine and the New World Order: Does the Church Have Models? 169
12 Ethical Policy Making in the Transition Economies 178
13 Telkom Teletra: A Polish Manufacturer in Transition from State Enterprise to Private Company 191
Index 206
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