Social Responsibility - A Non-Technological Innovation Process

Book Series: Social Responsibility Beyond Neoliberalism and Charity

Volume 1

by

Matjaž Mulej, Robert G. Dyck

eISBN: 978-1-60805-874-7, 2014
ISBN: 978-1-60805-875-4
ISSN: 2352-3336 (Print)



Indexed in: EBSCO.

Current global economic crises call for social responsibility to replace neo-liberalistic, one-sided and short-term criteria causing m...[view complete introduction]

Towards A New Economic Paradigm: The Parallel History of Economic Thought and the Way Forward

- Pp. 157-186 (30)

Gergely Toth

Abstract

Few dispute that the current socio-economic system is in troubles. Sustainable development is running high – at least at the level of lip service. But we are far from consensus in specifying why and how our current development path is unsustainable. In this chapter I argue that the world is on the edge of a radical change of values (as it happened already 4-5 times in our known history). And that the deep core of the problem is our irrational (or rationalizing) adherence to the self-oversurviving value system. I try to find this value system in the current paradigm, economism, which has passed its competence to a drammatical extent. This I consider rather a quasireligion, than a science. As an alternative I depict the recently less visible, but more than two thousand year old tradition of moral economics. Two new economic philosophies are also proposed, which are at the end.

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