Humanistic Economics: The New Challenge

Humanistic Economics: The New Challenge

Hardback

By (author) Mark Lutz, By (author) Kenneth Lux

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  • Publisher: Bootstrap Press
  • Format: Hardback | 352 pages
  • Dimensions: 159mm x 235mm x 25mm | 658g
  • Publication date: 1 March 1988
  • Publication City/Country: Croton-on-Hudson
  • ISBN 10: 0942850106
  • ISBN 13: 9780942850109

Product description

Economics has long been imprisoned by a one-dimensional view of the person and the narrow assumption of self-interest that this entails. Humanistic Economics breaks out of this paradigm by proposing an alternative framework that is no longer incompatible with actions undertaken for the sake of deeply held values, compelling reasons, and higher interests. The new theoretical foundation makes it possible to discuss in a new light questions of social institutions, such as the relationship between government and the market, as well as social policy goals like full employment, industrial democracy, and balanced international trade. Equipped with this basic insight, the authors proceed to century-old ideologies of individualist capitalism and scientific socialism.

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