Humanity and Nature in Economic Thought: Searching for the Organic Origins of the Economy

Humanity and Nature in Economic Thought: Searching for the Organic Origins of the Economy explores how organic elements, such as sensitive, cognitive, or social human qualities, have been overlooked or downplayed in mainstream histories of economic thought. The book reveals that these aspects were crucial to the economic ideas of important thinkers like Hume, Smith, Malthus, Mill, Marshall, Keynes, Hayek, and the Polanyi brothers.

Format: Paperback / softback
Length: 198 pages
Publication date: 31 May 2023
Publisher: Taylor & Francis Ltd

The book "Humanity and Nature in Economic Thought: Searching for the Organic Origins of the Economy" makes a compelling argument that mainstream histories of economic thought have overlooked or downplayed the significance of organic elements that are considered incompatible with the rational homo economicus model. The chapters within this insightful volume demonstrate that organic aspects, which refer to aspects related to sensitive, cognitive, or social human qualities, were present in the economic ideas of a diverse range of influential thinkers, including Hume, Smith, Malthus, Mill, Marshall, Keynes, Hayek, and the Polanyi brothers. Furthermore, the contributors to this thought-provoking collection reveal that these organic aspects played a crucial role in shaping the economic perspectives of these key figures.

This stimulating collection of essays will appeal to advanced students and scholars in the fields of history of economic thought, economic philosophy, heterodox economics, moral philosophy, and intellectual history. By exploring the organic origins of the economy, the book offers a fresh perspective on the development of economic ideas and sheds light on the interplay between humanity and nature in shaping economic systems.

The book's chapters explore various aspects of organic elements in economic thought, including the role of emotions, intuition, and social relationships in economic decision-making. The contributors argue that these organic aspects have been neglected or overshadowed by the dominant rationalist approach, which emphasizes individual self-interest and market mechanisms. They highlight the importance of considering the broader social and environmental implications of economic activities and the need to balance economic growth with sustainable development.

One of the key themes of the book is the influence of natural resources and the environment on economic development. The contributors argue that the extraction and exploitation of natural resources have often been driven by short-term economic gains, leading to environmental degradation and social inequalities. They advocate for a more sustainable approach to economic development that emphasizes the conservation and management of natural resources, as well as the promotion of renewable energy and sustainable agriculture.

Another important aspect of the book is the role of institutions and governance in shaping economic outcomes. The contributors argue that the dominant economic institutions, such as private corporations and central banks, have often prioritized profits over social welfare and environmental sustainability. They suggest that a more democratic and accountable governance structure is necessary to ensure that economic decisions are made in the public interest and that the benefits of economic growth are shared fairly among all members of society.

The book also explores the relationship between economic thought and other disciplines, such as philosophy, sociology, and anthropology. The contributors argue that economic ideas have been influenced by broader cultural and social norms and that a deeper understanding of these influences can help us develop more holistic and sustainable economic policies.

In conclusion, "Humanity and Nature in Economic Thought: Searching for the Organic Origins of the Economy" is a valuable contribution to the field of economic thought. By highlighting the significance of organic elements in economic ideas and advocating for a more sustainable and equitable economic system, the book offers a fresh perspective on the development of economic ideas and their impact on society. It will be of interest to advanced students and scholars in the fields of history of economic thought, economic philosophy, heterodox economics, moral philosophy, and intellectual history.

Weight: 381g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367686970