The Economics of Values, Ideals and Organizations

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Publisher : Routledge
ISBN 13 : 1000393607
Total Pages : 115 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis The Economics of Values, Ideals and Organizations by : Luigino Bruni

Download or read book The Economics of Values, Ideals and Organizations written by Luigino Bruni and published by Routledge. This book was released on 2021-03-18 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: Values-based organizations are institutions, communities and non-governmental organizations (NGOs) which are inspired by a mission or a vocation – for these groups it is their ideals which are most important to them and economics does not have a way to incorporate that into its analysis. This book provides a short introduction to the economics of values-based organizations. The book opens with an analysis of some phenomena common to all organizations: the management of vulnerabilities in relationships and the role of incentives, especially in relation to loyalty. Turning to values-based organizations more specifically, the book explores the motivations of their members, how they retain their most motivated people, what happens when the ideals of the organization are perceived to have deteriorated, and the decisions made by those in charge, who focus on efficiency, oblivious to values and identities. The second part of the book explores the narrative dimensions of values-based organizations. "Narrative capital" is a precious resource in many of these organizations, particularly through periods of crisis and change. But problems can also be caused if the second and later generations after the foundations continue to use the original narrative without enough innovation. Finally, the book discusses the gaps – the surpluses and misalignments – between people, their ideals and the organizations and how these can be managed. The book is written for academics, students and others interested in the role of values and ideals in organizations – economists, sociologist, business scholars, theologians and philosophers.

The Economics of Values-Based Organisations

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Publisher : Routledge
ISBN 13 : 131770360X
Total Pages : 161 pages
Book Rating : 4.3/5 (177 download)

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Book Synopsis The Economics of Values-Based Organisations by : Luigino Bruni

Download or read book The Economics of Values-Based Organisations written by Luigino Bruni and published by Routledge. This book was released on 2014-08-13 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the governance of values-based organizations (VBOs), which are organizations with a mission and identity based on ideals. Examples of VBOs include non-profit organizations, charities, NGOs, environmental, educational or cultural organizations, and social enterprises. The main objective of any VBO is to evolve and grow without losing its identity, which its survival is linked to in the medium and long terms. The focus of this book is the study of the relational and motivational dynamics during identity crisis, using critical mass models and Hirschman’s "exit and voice" framework. This book analyses the dynamics that arise in VBOs when the quality of the ideal deteriorates. On the basis of Hirschman’s "exit and voice" model, it analyses the factors that lead the best members – the intrinsically motivated ones who care most about the mission and ideals of the organization – to leave if their voice is ignored. We show that the possible cumulative effects caused by the "exit" of intrinsically motivated members can lead the organization to a process of deterioration. This book offers an analysis of these phenomena, which are usually studied in sociology or political science, by using an economic approach and the language of evolutionary game theory. By combining sociological politics and economics as a theoretical tool, we create a fresh approach to explore crises in organizations.

Doing the Right Thing

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Publisher : Ubiquity Press
ISBN 13 : 190918893X
Total Pages : 267 pages
Book Rating : 4.9/5 (91 download)

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Book Synopsis Doing the Right Thing by : Arjo Klamer

Download or read book Doing the Right Thing written by Arjo Klamer and published by Ubiquity Press. This book was released on 2020-04-15 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book is for all those who are seeking a human perspective on economic and organizational processes. It lays the foundations for a value based approach to the economy. The key questions are: "What is important to you or your organization?" "What is this action or that organization good for?" The book is directed at the prevalence of instrumentalist thinking in the current economy and responds to the calls for another economy. Another economy demands another economics. The value based approach is another economics; it focuses on values and on the most important goods such as families, homes, communities, knowledge, and art. It places economic processes in their cultural context. What does it take to do the right thing, as a person, as an organization, as a society? What is the good to strive for? This book gives directions for the answers. The value based approach restores the ancient idea that quality of life and of society is what the economy is all about. It advocates shifting thefocus from quantities ("how much?") to qualities ("what is important?").

The Value of Everything

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Publisher : Penguin UK
ISBN 13 : 0241188822
Total Pages : 384 pages
Book Rating : 4.2/5 (411 download)

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Book Synopsis The Value of Everything by : Mariana Mazzucato

Download or read book The Value of Everything written by Mariana Mazzucato and published by Penguin UK. This book was released on 2018-04-26 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem hiding in plain sight. In modern capitalism, value-extraction - the siphoning off of profits, from shareholders' dividends to bankers' bonuses - is rewarded more highly than value-creation: the productive process that drives a healthy economy and society. We misidentify takers as makers, and have lost sight of what value really means. Once a central plank of economic thought, this concept of value - what it is, why it matters to us - is simply no longer discussed. Yet, argues Mariana Mazzucato in this penetrating and passionate new book, if we are to reform capitalism - to radically transform an increasingly sick system rather than continue feeding it - we urgently need to rethink where wealth comes from. Who is creating it, who is extracting it, and who is destroying it? Answers to these questions are key if we want to replace the current parasitic system with a type of capitalism that is more sustainable, more symbiotic: that works for us all. The Value of Everything will reignite a long-needed debate about the kind of world we really want to live in.

Bourgeois Equality

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Publisher : University of Chicago Press
ISBN 13 : 022652793X
Total Pages : 830 pages
Book Rating : 4.2/5 (265 download)

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Book Synopsis Bourgeois Equality by : Deirdre N. McCloskey

Download or read book Bourgeois Equality written by Deirdre N. McCloskey and published by University of Chicago Press. This book was released on 2017-10-13 with total page 830 pages. Available in PDF, EPUB and Kindle. Book excerpt: The last 200 years have witnessed a 100-fold leap in well-being. Deirdre McCloskey argues that most people today are stunningly better off than their forbearers were in 1800, and that the rest of humanity will soon be. A purely materialist, incentivist view of economic change does not explain this leap. We have now the third in McCloskey's three-volume opus about how bourgeois values transformed Europe. Volume 3 nails the case for that transfiguration, telling us how aristocratic virtues of hierarchy were replaced by bourgeois virtues (more precisely, by attitudes toward virtues) that made it possible for ordinary folk with novel ideas to change the way people, farmed, manufactured, traveled, ruled themselves, and fought. It is a dramatic story, and joins a dramatic debate opened up by Thomas Piketty in his best-selling Capital in the 21st Century. McCloskey insists that economists are far too preoccupied by capital and saving, arguing against the position (of Piketty and most others) that capital induces a tendency to get more, that money reproduces itself, that riches are created from riches. Not so, our intrepid McCloskey shows. Bill Gates and Steve Jobs, among the biggest wealth accumulators in our era, didn't get rich through the magic of compound interest on capital. They got rich through intellectual property, creating billions of dollars from virtually nothing. Capital was no more important an ingredient to the original Apple or Microsoft than cookies or cucumbers. The debate is between those who think riches are created from riches versus those who, with McCloskey, think riches are created from rags, between those who see profits as a generous return on capital, or profits coming from innovation that ultimately benefits us all.

Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions

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Author :
Publisher : Ludwig von Mises Institute
ISBN 13 : 1610164989
Total Pages : 262 pages
Book Rating : 4.6/5 (11 download)

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Book Synopsis Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions by :

Download or read book Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions written by and published by Ludwig von Mises Institute. This book was released on with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics, Values, and Organization

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Publisher : Cambridge University Press
ISBN 13 : 9780521774116
Total Pages : 564 pages
Book Rating : 4.7/5 (741 download)

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Book Synopsis Economics, Values, and Organization by : Avner Ben-Ner

Download or read book Economics, Values, and Organization written by Avner Ben-Ner and published by Cambridge University Press. This book was released on 1998 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt: A path-breaking analysis of the relationship between economic institutions and values.

The Value of Knowledge

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Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110590352
Total Pages : 261 pages
Book Rating : 4.1/5 (15 download)

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Book Synopsis The Value of Knowledge by : Timothy Powell

Download or read book The Value of Knowledge written by Timothy Powell and published by Walter de Gruyter GmbH & Co KG. This book was released on 2020-07-06 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Knowledge is an economic asset of great importance and value to the modern organization; however, it is too often not managed carefully as such. This book presents practical frameworks and methods for the knowledge professional — and his/her organization — to identify, actualize, and maximize the economic value of knowledge.

Power and Principle in the Market Place

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Publisher : Routledge
ISBN 13 : 1317076982
Total Pages : 323 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis Power and Principle in the Market Place by : Jacob Dahl Rendtorff

Download or read book Power and Principle in the Market Place written by Jacob Dahl Rendtorff and published by Routledge. This book was released on 2016-04-08 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the global financial crisis, the need to develop a new kind of economy with a closer relation between ethics and economics has become an important challenge to the international society. This book contributes to this debate by investigating different aspects of global business ethics and corporate social responsibility which are becoming more and more important in the ongoing discussions on the relation between market institutions and democratic governments. The different chapters of the book deal with fundamental philosophical issues of the ethics of the market economy, including discussions of the role of the social sciences and economics in contributing to a sustainable economics and global responsibility in the twenty-first century. In this sense, the book takes up the transnational debate on ethics and economics in order to contribute to a more balanced, fair, just and conscientious development in the world. The book starts with a European perspective on these issues, based on philosophical, sociological and economic views from Europe. These views are further developed in order to share thoughts of how to improve corporate social responsibility, welfare and justice, and the advancement of ethical principles in the international context. It is argued that in the international community, good corporate citizenship as social and environmental responsibility is realized through individual and organizational cosmopolitan responsibility for fostering the common good for humanity. The chapters of the book were originally presented at a conference in Copenhagen, organized together with the German Cultural Institute - the Goethe Institute of Copenhagen, Copenhagen Business School and Roskilde University, Denmark.

Institutions, Entrepreneurship, and Economic Performance

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Publisher : Springer
ISBN 13 : 3030133737
Total Pages : 248 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Institutions, Entrepreneurship, and Economic Performance by : David Urbano

Download or read book Institutions, Entrepreneurship, and Economic Performance written by David Urbano and published by Springer. This book was released on 2019-04-11 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using institutional economics as a theoretical framework, this book analyzes institutional environment conducive to entrepreneurial activity in order to enhance economic performance across countries. In particular, the main contributions of this book to the entrepreneurship literature are the following: • Identify past and current research about the institutional context shaping entrepreneurial activity and its effect on economic growth • Examine social progress orientation as those institutional factors that are shaping innovative entrepreneurial activity • Explore the effect of different types of entrepreneurial activities on economic growth • Examine how social progress orientation through opportunity-driven entrepreneurship affects economic development • Analyze the interrelationships between institutions, entrepreneurial activity and economic development across countries • Study how the country's institutional context influences the way in which entrepreneurial activity affects social progress Two sides of the same coin might be observed when analyzing policy aspects of those institutions affecting entrepreneurial activity. On the one hand, effective public policy to promote entrepreneurship is predicated on understanding the underlying forces as well as the consequences and impacts of entrepreneurship. On the other hand, different endeavors to promote entrepreneurial activity might have deleterious economic effects since they could actually reduce employment in the long-term. Thus, it is crucial to understand the institutional environment in which entrepreneurs are interacting and making decisions. The comprehension of these phenomena serves to move forward the theoretical, practical and policy debate on entrepreneurship as a mechanism to achieve higher economic performance.

Handbook on the Economics of Philanthropy, Reciprocity and Social Enterprise

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Publisher : Edward Elgar Publishing
ISBN 13 : 1849804745
Total Pages : 489 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Handbook on the Economics of Philanthropy, Reciprocity and Social Enterprise by : Stefano Zamagni

Download or read book Handbook on the Economics of Philanthropy, Reciprocity and Social Enterprise written by Stefano Zamagni and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent era of economic turbulence has generated a growing enthusiasm for an increase in new and original economic insights based around the concepts of reciprocity and social enterprise. This stimulating and thought-provoking Handbook not only encourages and supports this growth, but also emphasises and expands upon new topics and issues within the economics discourse. Original contributions from key international experts acknowledge and illustrate that markets and firms can be civilizing forces when and if they are understood as expressions of cooperation and civil virtues. They provide an illuminating discourse on a wide range of topics including reciprocity, gifts and the civil economy, which are especially relevant in times of crisis for financial capitalism. The Handbook questions the current phase of the market economy that arises from a state of anthropological pessimism. Such anthropological cynicism is one of the foundations of the contemporary economic system that is challenged by the contributors. This highly original and interdisciplinary Handbook will provide a fascinating read for academics, researchers and students across a wide range of fields including economics, public sector economics, public policy and social policy.

Principles of Instrumental Logic

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Publisher : SIU Press
ISBN 13 : 9780809328451
Total Pages : 212 pages
Book Rating : 4.3/5 (284 download)

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Book Synopsis Principles of Instrumental Logic by : Donald F Koch

Download or read book Principles of Instrumental Logic written by Donald F Koch and published by SIU Press. This book was released on 2008-06-30 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Dewey delivered two sets of related lectures at the University of Chicago in the fall quarter 1895 and the spring quarter 1896. Designed for graduate students, the lectures show the birth of Dewey’s instrumentalist theory of inquiry in its application to ethical and political thinking. From 1891 through 1903, Dewey attempted to develop a revolutionary experimentalist approach to ethical inquiry, designed to replace the more traditional ways of moral theorizing that relied on the fixed moral knowledge given in advance of the situations in which they were applied. In the lectures on the logic of ethics, he sets forth and defends the view that the "is" in a moral judgment such as "This is good" is a coordinating factor in an inquiry. Although the subject matter of the lectures is highly technical, its significance is paramount. It provides the key to and opens the door for a theory that preserves the difference between strictly scientific inquiry and moral inquiry even while it provides a "scientific treatment" of the latter.

Hegel, Institutions and Economics

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Publisher : Routledge
ISBN 13 : 131790754X
Total Pages : 317 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis Hegel, Institutions and Economics by : Carsten Herrmann-Pillath

Download or read book Hegel, Institutions and Economics written by Carsten Herrmann-Pillath and published by Routledge. This book was released on 2014-01-10 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hegel’s philosophy has witnessed periods of revival and oblivion, at times considered to be an unrivalled and all-embracing system of thought, but often renounced with no less ardour. This book renews the dialogue with Hegel by looking at his legacy as a source of insight and judgement that helps us rethink contemporary economics. This book focuses on a concept of institution which is equally important for Hegel's political philosophy and for economic theory to date. The key contributions of this Hegelian perspective on economics lead us to the synthesis of traditional approaches and new ideas gained in economic experiments and advanced by neuroeconomists, sociologists and cognitive scientists. The proper account of contemporary 'civil society' involves comprehending it as a historically evolving totality of individual minds, ideas and intersubjective structures that are mutually dependent, tied by recognitive relations, and assert themselves as a whole in the ongoing performative movement of 'objective spitit'. The ethics of recognition is paired with the ethics of associations that supports moral principles and gives them true, concrete universality. This unusual constellation of seemingly remote fields suggests that Hegel, read in a pragmatist mode, anticipated the new theories and philosophies of extended mind, social cognition and performativity. By providing a new conceptual apparatus and reformulating the theory of institutions in the light of this new synthesis, this book claims to give new meaning both to Hegel as interpreted from today, and to the social sciences. Seen from this perspective, such phenomena as cooperation in games, personal identity or justice in the version of Amartya Sen's 'realization-focused comparisons' are reinscribed into the logic of institutional theory. This 'Hegel' clearly goes beyond the limits of philosophical discussion and becomes a decisive reference for economists, sociologists, political scientists and other scholars who study the foundations and consequences of human sociality and try to explore and design the institutions necessary for a worthy common life.

Ideas, Interests and the Development of the European Banking Systems

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Publisher : Springer Nature
ISBN 13 : 3658305975
Total Pages : 385 pages
Book Rating : 4.6/5 (583 download)

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Book Synopsis Ideas, Interests and the Development of the European Banking Systems by : Florian Brugger

Download or read book Ideas, Interests and the Development of the European Banking Systems written by Florian Brugger and published by Springer Nature. This book was released on 2020-08-17 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the grand dynamics that drive the history of economies? The laws of supply & demand, most economists would argue. For the history of European banking, this book offers an alternative explanation: Rather than market forces, the coincidence and coalitions of charismatic ideas and powerful interests is what shaped banking in Europe! In “Ideas, Interests and the Development of the European Banking Systems”, Florian Brugger traced decisive moments in the history of the European Banking Sector: from the time of the Italian City-States to the post World War I period, he shows how coalitions of ideas and interests built the tracks along which the European Banking Sector developed. Inspired by Max Weber he argues that economic organizations and institutions, like the Banking Sector, are embedded into three fundamental orders: the economic, the cultural and the political order. Enforced and institutionalized by vested interests, ideas of the cultural order legitimate and empower interests of the economic and political order. What is more, decisive moments were frequently characterized by coalitions of ideas and interests between parties that in normal times had nothing in common or were even confronting each other in a hostile way.

The Economics of Motivation and Organization

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Publisher : Edward Elgar Publishing
ISBN 13 : 1783473061
Total Pages : 456 pages
Book Rating : 4.7/5 (834 download)

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Book Synopsis The Economics of Motivation and Organization by : Peter J Jost

Download or read book The Economics of Motivation and Organization written by Peter J Jost and published by Edward Elgar Publishing. This book was released on 2014-01-31 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this unique book, Peter-J. Jost provides a comprehensive economic-psychological approach for successfully managing employees. Based on the analysis of the employee�s individual work behavior, he illustrates that instead of treating employees as inpu

Competitiveness in the Real Economy

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Publisher : Routledge
ISBN 13 : 1317162846
Total Pages : 396 pages
Book Rating : 4.3/5 (171 download)

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Book Synopsis Competitiveness in the Real Economy by : Rui Vinhas da Silva

Download or read book Competitiveness in the Real Economy written by Rui Vinhas da Silva and published by Routledge. This book was released on 2016-05-23 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value aggregation to goods and services is unbelievably important to the balance of trade of modern nations, yet it receives minute attention by economists and policy-makers alike. In Competitiveness in the Real Economy, Rui Vinhas da Silva shows that the nature and dynamics of contemporary global competition requires a sharper focus on value aggregation. He provides a rounded, integrative and multi-disciplinary perspective linking national competitiveness, economics and management. The emphasis is on a transversal philosophy of value aggregation as a key driver of national competitiveness across sectors in the real economy and from production to the consumption of goods and services. The links between exports, inflows of foreign direct investment (FDI) and country competitiveness are examined along with the role of exports and the attraction of FDI inflows in building national GDP. The author emphasises that culture, the notion of being cosmopolitan and understanding aspirational and discriminatory consumers with high disposable income are key drivers of success in the global economy. Acknowledging that the complexity of problems comes from diversity of global actors, the author highlights the limitations of current economics in responding to contemporary challenges. His concern about the management sciences and management learning is that solutions do not lie in the formulation and prescription of universal laws, but are contextually-laden and derive from an informed intuition that is partly taught and partly experiential. The book addresses the implications of all this for how the management skills needed for competitive advantage might best be developed.

The Oxford Handbook of Human Capital

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Publisher : OUP Oxford
ISBN 13 : 0191634964
Total Pages : 718 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis The Oxford Handbook of Human Capital by : Alan Burton-Jones

Download or read book The Oxford Handbook of Human Capital written by Alan Burton-Jones and published by OUP Oxford. This book was released on 2012-05-10 with total page 718 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomic research on human capital - the stock of human capabilities and knowledge - has been extensively published but to date the literature has lacked a comprehensive analysis of human capital within the organization. The Oxford Handbook of Human Capital has been designed to fill that gap, providing an authoritative, inter-disciplinary, and up to date survey of relevant concepts, research areas, and applications. Specially commissioned contributions from over 40 authors reveal the importance of human capital for contemporary organizations, exploring its conceptual underpinnings, relevance to theories of the firm, implications for organizational effectiveness, interdependencies with other resources, and role in the future economy. Unlike neoclassical macroeconomic concepts of human capital, human capital in organizations is shown to be dynamic and heterogeneous, requiring new theories and management frameworks. The systemic role of human capital is explored, revealing it as the lynchpin of social, structural and other forms of intangible and tangible capital. Connections between human capital and organizational performance are investigated from HR management, procurement, alignment, value appropriation, and accounting perspectives. Links between micro and macro perspectives are provided through analyses of inter firm human capital mobility, national and regional human capital formation regimes and industry employment relations practices. This Handbook is designed for scholars and graduate students of organization and management theory, strategy, entrepreneurship, knowledge and intellectual capital, accounting, IT, HR, IR, economic sociology and cultural studies. For policy makers and practitioners it should provide an up to date guide to the nature and role of human capital in contemporary organizations and the roles that government, industry and other extra firm institutions can play in facilitating its development.