Classical economists have relied on the model of physics to reach predictability, which led them to depict a “rational economic man.” Contemporary studies reveal a very different picture of our economic behavior.
Pathways to a Post-Capitalist World
Organized around exchange-value, not use-value, the capitalist system is over-productive and steadily worsening a multi-faceted ecological crisis. Is a post-growth, post-capitalist world conceivable?
The Utopian Theory of Superpower: The Official Version
Promising “democracy, development, free markets, and free trade” to the world in the wake of 9/11, the U.S. administration unwittingly made the case that market fundamentalism contradicts democracy.
Why Regenerative Economics Is the Future
Mechanistic and detached from life’s creative web of interactions, the conventional model of economic development is failing our societies on all counts. What would an organic view of the economy look like?
See the Big Picture
“All the world’s a stage,” said Shakespeare. Along with a new role for Market and State, new characters such as Household, Commons, Society, and Earth are required on stage in the 21st-century economics’ play.