Ownership-based economics has led to the rapid development and apparent universal success of the market economy. It is a system built on the deception of resource availability, ill-defined profit, and misled by the idea that an invisible hand can be an equitable system of distribution. It has resulted in a high living standard for a few select individuals, but at the expense of mankind and nature, ultimately culminating in the development of human conflict.This is a book with a blueprint for the twenty-first century, proposing a two-fold approach to easing the pressure on both the human race and the world we live in. It calls for a change of mindset from ownership to stewardship and a shift of responsibility to the corporate entities as a sub-system of the market economy.
Format: Paperback / softback
CONTRIBUTORS: Raymond W Y Kao
EAN: 9789812704795
COUNTRY: Singapore
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WEIGHT: 0 g
HEIGHT: 0 cm
PUBLISHED BY: World Scientific Publishing Co Pte Ltd
DATE PUBLISHED: 2007-05-03
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GENRE: BUSINESS & ECONOMICS / Entrepreneurship, BUSINESS & ECONOMICS / Economics / Macroeconomics, BUSINESS & ECONOMICS / Production & Operations Management
WIDTH: 0 cm
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Book Themes:
Ethics and moral philosophy