By Ron P. Baiman
This publication is in equivalent elements a treatise on morality and economics, a critique of neoclassical orthodoxy, a short for changing mainstream economics with an intensive political economics, and a controversy for the abandonment of neoliberal capitalism in prefer of democratic socialism. It incorporates a particular inspiration for a "demand and value" replacement to "supply and insist" research and an in-depth technical critique of either neoclassical "high thought" and "applied microeconomic research" demonstrating that those will not be merely infeasible or immoral, yet have at once contributed to public coverage mess ups. additional, the e-book means that just a ethical economics within the kind of radical political financial system can tackle the looming financial and environmental crises of today’s world.
Baiman starts off with an advent to morality and ethics in either normal sciences and in economics particularly. He then publications readers via proof of the way neoclassical economics has not just didn't stay aim and value-free, yet has turn into an ideology of apologetics retaining an immoral process. as well as breaking down real-world examples to illustrate his assertions, Baiman analyzes a theoretical Utopia layout workout. He concludes via arguing that the single kind of economics that helps generally shared human values—such as social fairness, democracy, and solidarity—is so-called "radical economics", and that each one real economics technological know-how may be directed towards reaching extra socially efficient financial job. a useful advisor to morality and economics, this e-book will entice researchers and lecturers trying to swap the way in which we expect approximately economics, coverage, and society.
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Additional resources for The Morality of Radical Economics: Ghost Curve Ideology and the Value Neutral Aspect of Neoclassical Economics
Sample text
Good question. There are, and probably always will be, differences of opinion between humans and human cultures on some values issues. However, the deeper point of this book is to argue that in cases where there are moral or religious differences but scientific clarity on values issues, social science should base its underlying morality on evidence and reason. For example, though all of the major religions and philosophical moral systems support help for the poor, the disabled, and others such as single mothers with young children who are constrained in their ability to earn an income adequate to support themselves and their families, and denounce excessive accumulation of wealth and economic oppression and exploitation of other humans for self-enrichment, this common sense moral consensus breaks down on other major political economic issues like population growth, women’s empowerment, and global warming.
Economics of the 1 %: How mainstream economics serves the rich, obscures reality and distorts policy. London: Anthem Press. Workplace Fairness. (2014). The Good, the Bad, and Walmart: The Year in Workplace Fairness. Written by Timothy Brantner with help from colleagues. php. CHAPTER 2 The Philosophy and Science of Morality Historically there have been two diametrically opposed positions on morality. Harris (2010) puts it well: [P]eople who draw their worldview from religion generally believe that moral truth exists, but only because God has woven it into the very fabric of reality; while those who lack such faith tend to think that notions of “good” and “evil” must be the products of evolutionary pressure and cultural invention.
Baiman, Ron. (1993). Connecting to the Future: Greater Access, Services, and Competition in Telecommunications, co-author with other core staff, report of the New York Telecommunications Exchange, Published by the Office of Economic Development and Department of Public Service of New York State, Dec. 1993. Baiman, Ron. (1995). Neoclassical Economics and the End of Equitable, Open, and Universal Telecommunications Services in the United States. Review of Radical Political Economics. 27(3), 95–103.