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Humanistic Economics: The New Challenge [Hardcover]

Mark Lutz , Kenneth Lux

Price: £21.95 & FREE Delivery in the UK. Details
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Book Description

1 Mar 1988 0942850106 978-0942850109
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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Amazon.com: 5.0 out of 5 stars  1 review
1 of 2 people found the following review helpful
5.0 out of 5 stars Significant challenge to economic orthodoxy 15 July 2001
By John Ronald - Published on Amazon.com
Format:Paperback
Wonderful challenge to orthodoxy of "the dismal science" which goes beyond standard right/left ideology...though Lutz/Lux fail to acknowledge it, what they advocate essentially falls in tune with a largely forgotten 3rd way between state socialism and rabit laissez-faire econ...namely that of anarcho-syndicalism...Focusing mainly on the Basque achievements in Mondragon in Spain, the book puts forward a central thesis about local autonomy and deconstructs the dominant mythology of (Neo-)liberal economic theory. A welcome critique still relevant today despite its original publishing in 1988--worthy of space on any public library shelf despite it's apparent (but fallacious) vintage.
--JJR
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