Holding a vision of a world that works for all..... "Let yourself be silently drawn by the stronger pull of what you really love." ~ Rumi
Wednesday, June 22, 2016
Carne Ross: Neo-Classical Theory vs Human Cooperation and Love
In neo-classical economic theory, it is claimed without evidence that people are basically self-seeking, that they want above all the satisfaction of their material desires: what economists call "maximising utility". The ultimate objective of mankind is economic growth, and that is maximized only through raw, and lightly regulated, competition. If the rewards of this system are spread unevenly, that is a necessary price. Others on the planet are to be regarded as either customers, competitors or factors of production. Effects upon the planet itself are mere "externalities" to the model, with no reckoning of the cost - at least for now. Nowhere in this analysis appears factors such as human cooperation, love, trust, compassion or hatred, curiosity or beauty. Nowhere appears the concept of meaning. What cannot be measured is ignored. But the trouble is that once our basic needs for shelter and food have been met, these factors may be the most important of all.
― Carne Ross, The Leaderless Revolution: How Ordinary People Will Take Power and Change Politics in the 21st Century
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