
Economics Unmasked
From power and greed to compassion and the common good
- 200 pages
- English
- PDF
- Available on iOS & Android
Economics Unmasked
From power and greed to compassion and the common good
About this book
An inspiring outline of a new economics system, where justice, human dignity, compassion and reverence for life are the guiding values. The economic system under which we live not only forces the great majority of humankind to live their lives in indignity and poverty but also threatens all forms of life on Earth. Economics Unmasked presents a cogent critique of the dominant economic system, showing that the theoretical constructions of mainstream economics work mainly to bring about injustice. The merciless onslaught on the global ecosystem of recent decades, brought about by the massive increase in the production of goods and the consequent depletion of nature's reserves, is not a chance property of the economic system. It is a direct result of neoliberal economic thinking, which recognizes value only in material things. The growth obsession is not a mistaken conception that mainstream economists can unlearn, it is inherent in their view of life. But a socio-economic system based on the growth obsession can never be sustainable. This book outlines the foundations of a new economics, where we are not ruled by greed and injustice. Contrary to the absurd assumption of mainstream economists that economics is a value-free science, a new economics must make its values explicit.
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Information
Table of contents
- Front cover
- Authors' biographies
- Copyright page
- CONTENTS
- Dedication & Acknowledgements
- Preface
- Introduction: the case for a new economics
- Chapter 1: From knowledge to understanding
- Chapter 2: The function of economics in society
- Chapter 3: Keynesianism: its rise and fall
- Chapter 4: Honesty and value premises
- Chapter 5: Imitation of the exact sciences: reductionism, mathematical models and Pareto
- Chapter 6: Economic growth
- Chapter 7: Globalization
- Chapter 8: Compassion
- Chapter 9: The world on a collision course and the need for a new economics
- Chapter 10: A humane economics for the twenty-first century
- Chapter 11: The United States: an underdeveloping nation
- Chapter 12: A non-toxic teaching of economics
- Chapter 13: Implementation: from the village to a global order
- References and notes
- Index
- Back cover