Changing the conceptions of morality and reality associated with economics — Real-World Economics Review Blog

from Richard Norgaard Economism has been modern capitalism’s myth system, or in computer parlance, capitalism’s operating system. It has stressed utilitarian moral beliefs compatible with economic assumptions that are critical to neoclassical economic theories. These beliefs include the idea that society is simply the sum of its individuals and their desires, that people can be […]

Changing the conceptions of morality and reality associated with economics — Real-World Economics Review Blog