Civilizing the Economy

A New Economics of Provision

Business & Finance, Business Reference, Business Ethics, Nonfiction, Religion & Spirituality, Philosophy
Cover of the book Civilizing the Economy by Marvin T. Brown, Cambridge University Press
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Author: Marvin T. Brown ISBN: 9780511846717
Publisher: Cambridge University Press Publication: April 1, 2010
Imprint: Cambridge University Press Language: English
Author: Marvin T. Brown
ISBN: 9780511846717
Publisher: Cambridge University Press
Publication: April 1, 2010
Imprint: Cambridge University Press
Language: English

When a handful of people thrive while whole industries implode and millions suffer, it is clear that something is wrong with our economy. The wealth of the few is disconnected from the misery of the many. In Civilizing the Economy, Marvin Brown traces the origin of this economics of dissociation to early capitalism, showing how this is illustrated in Adam Smith's denial of the central role of slavery in wealth creation. In place of the Smithian economics of property, Brown proposes that we turn to the original meaning of economics as household management. He presents a new framework for the global economy that reframes its purpose as the making of provisions instead of the accumulation of property. This bold new vision establishes the civic sphere as the platform for organizing an inclusive economy and as a way to move toward a more just and sustainable world.

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When a handful of people thrive while whole industries implode and millions suffer, it is clear that something is wrong with our economy. The wealth of the few is disconnected from the misery of the many. In Civilizing the Economy, Marvin Brown traces the origin of this economics of dissociation to early capitalism, showing how this is illustrated in Adam Smith's denial of the central role of slavery in wealth creation. In place of the Smithian economics of property, Brown proposes that we turn to the original meaning of economics as household management. He presents a new framework for the global economy that reframes its purpose as the making of provisions instead of the accumulation of property. This bold new vision establishes the civic sphere as the platform for organizing an inclusive economy and as a way to move toward a more just and sustainable world.

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