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The Economics of Abundance: A Political Economy of Freedom, Equity, and Sustainability (Gower Green Economics and Sustainable Growth Series)


[PDF.pj64] The Economics of Abundance: A Political Economy of Freedom, Equity, and Sustainability (Gower Green Economics and Sustainable Growth Series)

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2016-03-23 2016-03-23File Name: B01DCDFCOK0 of 0 people found the following review helpful. Finally, a New ParadigmBy katy96It may be unusual for an economics book in the West to begin with a quote from the "Mahabharata", but this quote sets the tone for a book that challenges the existing economic paradigm. This is not your typical economics textbook. It is about much more than economics and is beautifully and soulfully written.According to the existing model, economics is defined as the study of allocating scarce resources to satisfy'In this wide-ranging work of pluralist and critical political economy, Wolfgang Hoeschele deploys an analysis of the manufacture of scarcity to develop a comprehensive critique of contemporary capitalist society. While building on a broad tradition of critique this book offers an original and innoNo matter how many resources we consume we never seem to have enough. The Economics of Abundance is a balanced book in which Wolfgang Hoeschele challenges why this is so. He claims that our current capitalist economy can exist only on the basis of manufactured scarcity created by 'scarcity-generating institutions', and these institutions manipulate both demand and supply of commodities. Therefore demand consistently exceeds supply, and profits and economic growth can continue - at the cost of in...

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