Economics Unmasked From Power and Greed to Compassion and the Common Good 1st Edition by Philip B Smith, Manfred Max Neef ISBN 1900322706 9781900322706

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ISBN 10: 1900322706 
ISBN 13: 9781900322706
Author: Philip B Smith, Manfred Max Neef

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.

Economics Unmasked From Power and Greed to Compassion and the Common Good 1st Table of contents:

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

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Philip B Smith,Manfred Max Neef,Economics Unmasked,Power,Compassion