Myths of the Free MarketWhat happens when the rich get far, far richer? Laissez faire has moved us from democracy to corporatism, replacing integrity and values with a focus on OC filling our bellies.OCO How about humanism, for a change? This comprehensive critique has important pra" |
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Contents
1 | |
9 | |
11 | |
Laissez Faire It Cant Possibly Work | 25 |
Decline and Disaster | 37 |
The Spawn of Laissez Faire | 53 |
Why We Fall for Laissez Faire | 69 |
The Virtual Reality of Classical Economics | 79 |
Humanism and Government | 151 |
Rejecting Liberalism | 169 |
Democracy | 185 |
Prerequisities to Functional Democracy | 207 |
The Critical Role of Education | 217 |
FINALITY? | 235 |
Denouement | 237 |
References | 249 |
A New Economic Paradigm | 99 |
Appendix | 115 |
POLITY | 121 |
Values Science Reason | 123 |
Humanism | 129 |
255 | |
259 | |
Index of US Corporations | 263 |
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Common terms and phrases
act utilitarianism Adam Smith antibiotics argued average behavior beliefs benefit capital carbon dioxide CFCs characterized citizens civil claim classical economics colloidal silver competing corporations corporatism cycles decades decline democracy democratic despite disparity drug economic growth economists effect efficient elite environment environmental equations equilibrium faire financial markets free trade funds global global warming higher human Ilya Prigogine important incentive income increase independent individuals industry inflation institutions interest investment investors labor laissez laissezfaire laws less libertarianism liberties living long-term lower maximize middle class million mixed economies monetarism moral natural nonlinear nonlinear thermodynamics notion oligopoly one’s paradigm person policies political problems productivity growth profits progressive tax protect pure free market religious responsibility rich role rule utilitarianism scientific sector short-term social society standards tax rate theory trading partners utilitarianism velocity of money wealth