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Greed Self Interest And The Shaping Of Economics
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Book Synopsis Greed, Self-Interest and the Shaping of Economics by : Rudi Verburg
Download or read book Greed, Self-Interest and the Shaping of Economics written by Rudi Verburg and published by Routledge. This book was released on 2018-03-15 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2008, profound questions have been asked about the driving forces and self-regulating potential of the economic system, political control and morality. With opinion turning against markets and self-interest, economists found themselves on the wrong side of the argument. This book explores how the past of economics can contribute to today’s debates. The book considers how economics took shape as philosophers probed into the viability of commercial society and its potential to generate positive-sum outcomes. It explains how dreams of affluence, morality and happiness were built upon human greed and vanity. It covers the bumpy road of the construction and reconstruction of this dream, exploring the debate on the foundations, conditions and limitations of the idea of the social utility of greed and vanity. Revisiting this debate provides a rich source of ideas in rethinking economics and the basic beliefs concerning our economic system today.
Book Synopsis Greed in the History of Political Economy by : Rudi Verburg
Download or read book Greed in the History of Political Economy written by Rudi Verburg and published by . This book was released on 2018 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Since 2008, profound questions have been asked about the driving forces and self-regulating potential of the economic system, political control and morality. With opinion turning against markets and self-interest, economists found themselves on the wrong side of the argument. This book explores how the economics of the past can contribute to todays debates.The book considers how political economy developed, as philosophers probed into the viability of commercial society and its potential to generate positive-sum outcomes. It explores how dreams of affluence, morality and happiness were built upon human greed and vanity. It presents a framework within which to contextualise present-day concerns about limits to growth, and through which we can rethink the basis of our economic system."--Provided by publisher.
Download or read book Greed written by Julian Edney and published by iUniverse. This book was released on 2005-06 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an immensely wealthy society but it is not a humane society. Greed has become a force creating precipitous inequalities, and divisions in this society now approach a kind of wealth apartheid, but greed is rarely seen as a moral wrong. This is not the first time the nation has produced huge economic inequalities. Today, as the free market continues its global advance, the values of democracy are being torn. Two ideologies popular in the era of robber barons appear to be rising again: laissez-faire and Social Darwinism. Freedom, coercion, debt, credit cards, meritocracy, sociopaths, environment and corporations are all examined. Is exploitation wrong? The free market conceals a cultural contradiction: the everyday workplace vs. democracy. How can we hope to export democracy if we don't have it? Our economic theory is antiquated and we need to step a little closer to modern reality. What motivates people in today's society: is it the pursuit of happiness, or is it surviving in an endless round of work-and-debt? Or is it the avoidance of fear? Remedies and how you can make a difference.
Book Synopsis Everyday Greed: Analysis and Appraisal by : Michael S. Pritchard
Download or read book Everyday Greed: Analysis and Appraisal written by Michael S. Pritchard and published by Springer Nature. This book was released on 2021-07-30 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection examines how greed should be understood and appraised. Roundly condemned by virtually all religions, greed receives mixed appraisals in the domains of business and economics. The volume examines these mixed appraisals and how they fare in light of their implications for greed in our everyday world. Greed in children is uniformly criticized by parents, other adults, and even children’s peers. However, in adulthood, greed is commended by some as essential to profit-seeking in business and for offering the greatest promise in promoting economic prosperity for everyone. Those who advocate a more permissive position on greed in the adult world typically concede that some constraints on greed are needed. However, the supporting literature offers little analysis of what greed is (as distinct from, for example, the effort to meet modest needs, or the pursuit of ordinary self-interested ends). It offers little clarification of what sorts of constraints on greed are needed. Nor is careful attention given to difficulties children might have in making a transition without moral loss from regarding greed as inappropriate to its later qualified acceptance. Through a secular approach, this book attempts to make significant inroads in remedying these shortcomings.
Book Synopsis Selfishness, Greed and Capitalism by : Christopher Snowdon
Download or read book Selfishness, Greed and Capitalism written by Christopher Snowdon and published by . This book was released on 2018 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This IEA publication deals head-on with a number of widely quoted myths about the market economy. In the case of the philosophical myths, such as the idea that economists believe that everybody is greedy, the author, Christopher Snowdon, carefully and entertainingly unpicks the misguided ideas that have taken hold. The author then moves on and effectively disposes of a number of economic myths using empirical evidence that is often ignored by commentators. This book is essential reading for all who wish to separate fact from fiction when it comes to understanding economic reasoning and evidence.
Book Synopsis Divine Providence in Early Modern Economic Thought by : Joost Hengstmengel
Download or read book Divine Providence in Early Modern Economic Thought written by Joost Hengstmengel and published by Routledge. This book was released on 2019-05-01 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this important volume, Joost Hengstmengel examines the doctrine of divine providence and how it served as explanation and justification in economic debates in the sixteenth, seventeenth and eighteenth centuries throughout Western Europe. The author discusses five different areas in which God was associated with the economy: international trade, division of labour, value and price, self-interest, and poverty and inequality. Ultimately, it is shown that theological ideas continued to influence economic thought beyond the Medieval period, and that the science of economics as we know it today has theological origins. Interdisciplinary in nature, this book will be of interest to advanced students and researchers in the history of economic thought, the history of theology, philosophy and intellectual history.
Download or read book Greed Is Dead written by Paul Collier and published by Penguin UK. This book was released on 2020-07-30 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two of the UK's leading economists call for an end to extreme individualism as the engine of prosperity 'provocative but thought-provoking and nuanced' Telegraph Throughout history, successful societies have created institutions which channel both competition and co-operation to achieve complex goals of general benefit. These institutions make the difference between societies that thrive and those paralyzed by discord, the difference between prosperous and poor economies. Such societies are pluralist but their pluralism is disciplined. Successful societies are also rare and fragile. We could not have built modernity without the exceptional competitive and co-operative instincts of humans, but in recent decades the balance between these instincts has become dangerously skewed: mutuality has been undermined by an extreme individualism which has weakened co-operation and polarized our politics. Collier and Kay show how a reaffirmation of the values of mutuality could refresh and restore politics, business and the environments in which people live. Politics could reverse the moves to extremism and tribalism; businesses could replace the greed that has degraded corporate culture; the communities and decaying places that are home to many could overcome despondency and again be prosperous and purposeful. As the world emerges from an unprecedented crisis we have the chance to examine society afresh and build a politics beyond individualism.
Book Synopsis Religion and the Rise of Capitalism by : Benjamin M. Friedman
Download or read book Religion and the Rise of Capitalism written by Benjamin M. Friedman and published by Vintage. This book was released on 2022-01-11 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: From one of the nation's preeminent experts on economic policy, a major reassessment of the foundations of modern economic thinking that explores the profound influence of an until-now unrecognized force—religion. "Friedman has given us an original and brilliant new perspective on the terrifying divisions of our own times. No book could be more important.” —George A. Akerlof, Nobel Laureate in Economics Critics of contemporary economics complain that belief in free markets—among economists as well as many ordinary citizens—is a form of religion. And, it turns out, that in a deeper, more historically grounded sense there is something to that idea. Contrary to the conventional historical view of economics as an entirely secular product of the Enlightenment, Benjamin M. Friedman demonstrates that religion exerted a powerful influence from the outset. Friedman makes clear how the foundational transition in thinking about what we now call economics, beginning in the eighteenth century, was decisively shaped by the hotly contended lines of religious thought within the English-speaking Protestant world. Beliefs about God-given human character, about the after-life, and about the purpose of our existence, were all under scrutiny in the world in which Adam Smith and his contemporaries lived. Friedman explores how those debates go far in explaining the puzzling behavior of so many of our fellow citizens whose views about economic policies—and whose voting behavior—seems sharply at odds with what would be to their own economic benefit. Illuminating the origins of the relationship between religious thinking and economic thinking, together with its ongoing consequences, Friedman provides invaluable insights into our current economic policy debates and demonstrates ways to shape more functional policies for all citizens.
Download or read book Greed written by Alex Brassey and published by Palgrave MacMillan. This book was released on 2009-10-15 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a provocative examination of the idea of greed from various perspectives, drawing together experts from academia, politics and business. Greed explores whether the desire for material possession in post-industrial economies is a positive or a negative phenomenon and considers the implications of greed on society and the global economy.
Book Synopsis Pathology of the Capitalist Spirit by : D. Levine
Download or read book Pathology of the Capitalist Spirit written by D. Levine and published by Springer. This book was released on 2013-04-05 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pathology of the Capitalist Spirit is about capital and about the economic system that bears its name. In this book, Levine argues that our pursuit of ever-more wealth in the form of capital expresses our dissatisfaction with the world we live in, with what we have and what we don't have. Capital embodies our hope for something different. Because capital embodies this hope, it has become desire's object. In his study of capitalism, Levine explores the meaning of capital as a social reality connected to fundamental human aspirations. The link between capital and the pursuit of a hoped-for state is especially important in light of the stubborn insistence on the part of its critics that capitalism exists to serve the material interests of those whose vocation is to own capital. This misunderstanding ignores what is essential about capital, which is its link not to interests but to hope, especially the hope that by accumulating capital the individual can achieve an attachment to the good. It is this hope that blocks tolerance of any notion that there is something unfair in the capitalist's acquisition of wealth and that fairness can be achieved through its redistribution to others. It is also this hope that animates the capitalist system as a whole. And in that sense, this hope is the spirit of capitalism. To develop this theme, Levine calls on the ideas and writings of major theorists involved with understanding modernity and capitalism: Adam Smith, Karl Marx, Max Weber, Emile Durkheim, and Joseph Schumpeter.
Book Synopsis Theology, Morality and Adam Smith by : Jordan J. Ballor
Download or read book Theology, Morality and Adam Smith written by Jordan J. Ballor and published by Routledge. This book was released on 2022-06-20 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work details the theological sources and moral significance of the life and work of the Scottish moral philosopher Adam Smith (1723–1790). The panel of contributors deepens our understanding of Adam Smith in his religious and theological context and the significance of this understanding for contemporary moral, economic, and political challenges to modern social life. The chapters cover a broad range of disciplinary and historical concerns, from Smith’s view of providence and his famous "invisible hand" to the role of self-interest and benevolence in Smith’s social and economic thought. A better appreciation for the moral and theological dimensions of Smith’s thought provides not only a better understanding of Smith’s own context and significance in the Scottish Enlightenment but also promises to assist in meeting the perennial challenges of properly connecting economic realities to moral responsibility. The book is of interest to advanced students and scholars of the history of economic thought, historical and moral theology, intellectual history, political science, and philosophy.
Download or read book Greed, Inc written by Wade Rowland and published by Arcade Publishing. This book was released on 2006 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Why do automakers sell us cars they know to be unsafe? Why do multinational drug companies advertise and promote drugs they are aware could harm us? Why is big business allowed to poison our environment - and us? Why is our food so unhealthy and obesity growing at such a disconcerting rate? Why do public companies mislead their employees and stockholders by hiding unfavorable results and, all too often, criminally falsifying figures?" "Greed, Inc. addresses head-on the pressing question of why so many major corporations have lost all sense of ethical direction, focusing totally on the bottom line, and, more egregiously, falsifying that information whenever it suits their needs or demands."--BOOK JACKET.
Download or read book Adam Smith written by Eric Schliesser and published by Oxford University Press. This book was released on 2017 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adam Smith was a famous economist and moral philosopher. This book treats Smith also as a systematic philosopher with a distinct epistemology, an original theory of the passions, and a surprising philosophy mind. The book argues that there is a close, moral connection between Smith's systematic thought and his policy recommendations.
Book Synopsis The Moral Economy by : Samuel Bowles
Download or read book The Moral Economy written by Samuel Bowles and published by Yale University Press. This book was released on 2016-05-28 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should the idea of economic man—the amoral and self-interested Homo economicus—determine how we expect people to respond to monetary rewards, punishments, and other incentives? Samuel Bowles answers with a resounding “no.” Policies that follow from this paradigm, he shows, may “crowd out” ethical and generous motives and thus backfire. But incentives per se are not really the culprit. Bowles shows that crowding out occurs when the message conveyed by fines and rewards is that self-interest is expected, that the employer thinks the workforce is lazy, or that the citizen cannot otherwise be trusted to contribute to the public good. Using historical and recent case studies as well as behavioral experiments, Bowles shows how well-designed incentives can crowd in the civic motives on which good governance depends.
Download or read book All You Can Eat written by Linda McQuaig and published by Penguin. This book was released on 2002 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Invisible Hook by : Peter Leeson
Download or read book The Invisible Hook written by Peter Leeson and published by Princeton University Press. This book was released on 2009-03-31 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pack your cutlass and blunderbuss--it's time to go a-pirating! The Invisible Hook takes readers inside the wily world of late seventeenth- and early eighteenth-century pirates. With swashbuckling irreverence and devilish wit, Peter Leeson uncovers the hidden economics behind pirates' notorious, entertaining, and sometimes downright shocking behavior. Why did pirates fly flags of Skull & Bones? Why did they create a "pirate code"? Were pirates really ferocious madmen? And what made them so successful? The Invisible Hook uses economics to examine these and other infamous aspects of piracy. Leeson argues that the pirate customs we know and love resulted from pirates responding rationally to prevailing economic conditions in the pursuit of profits. The Invisible Hook looks at legendary pirate captains like Blackbeard, Black Bart Roberts, and Calico Jack Rackam, and shows how pirates' search for plunder led them to pioneer remarkable and forward-thinking practices. Pirates understood the advantages of constitutional democracy--a model they adopted more than fifty years before the United States did so. Pirates also initiated an early system of workers' compensation, regulated drinking and smoking, and in some cases practiced racial tolerance and equality. Leeson contends that pirates exemplified the virtues of vice--their self-seeking interests generated socially desirable effects and their greedy criminality secured social order. Pirates proved that anarchy could be organized. Revealing the democratic and economic forces propelling history's most colorful criminals, The Invisible Hook establishes pirates' trailblazing relevance to the contemporary world.
Book Synopsis The Other Canon of Economics, Volume 2 by : Erik Reinert
Download or read book The Other Canon of Economics, Volume 2 written by Erik Reinert and published by Anthem Press. This book was released on 2024-02-13 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Other Canon Economics: Essays in the Theory and History of Uneven Economic Development brings together key essays on development economics from one of the most prolific and important development economists and historians of economic policy today. Erik S. Reinert argues through essays ranging from 1994 to 2020 that neo-classical economics damages developing countries, mostly via adherence to the theory of comparative advantage. Based on a long intellectual tradition, started by the Italian economists Giovanni Botero (1589) and Antonio Serra (1613), Reinert shows that the country which trades increasing returns goods – e.g. high-end manufacture – has advantages over the country which trades diminishing returns goods – e.g. commodities. This has important implications for today’s development strategies that, Reinert argues, should be seen as industrial strategies.
