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Civilizing the Economy

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  • Brown,Marvin T.

Abstract

When a handful of people thrive while whole industries implode and millions suffer, it is clear that something is wrong with our economy. The wealth of the few is disconnected from the misery of the many. In Civilizing the Economy, Marvin Brown traces the origin of this economics of dissociation to early capitalism, showing how this is illustrated in Adam Smith's denial of the central role of slavery in wealth creation. In place of the Smithian economics of property, Brown proposes that we turn to the original meaning of economics as household management. He presents a new framework for the global economy that reframes its purpose as the making of provisions instead of the accumulation of property. This bold new vision establishes the civic sphere as the platform for organizing an inclusive economy and as a way to move toward a more just and sustainable world.

Suggested Citation

  • Brown,Marvin T., 2010. "Civilizing the Economy," Cambridge Books, Cambridge University Press, number 9780521767323.
    • Handle: RePEc:cup:cbooks:9780521767323
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    Cited by:

    1. Gaël Giraud & Myrna Wooders, 2012. "On the Simultaneous Emergence of Money and the State," Documents de travail du Centre d'Economie de la Sorbonne 12094, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    2. John C. Boik, 2016. "Optimality of Social Choice Systems: Complexity, Wisdom, and Wellbeing Centrality," Working Paper 0005, Principled Societies Project, revised Mar 2017.
    3. Joseph Petrick & Wesley Cragg & Martha Sañudo, 2011. "Business Ethics in North America: Trends and Challenges," Journal of Business Ethics, Springer, vol. 104(1), pages 51-62, April.
    4. Joseph Petrick, 2011. "Sustainable Stakeholder Capitalism: A Moral Vision of Responsible Global Financial Risk Management," Journal of Business Ethics, Springer, vol. 99(1), pages 93-109, February.
    5. Wolfgang Grassl, 2011. "Hybrid Forms of Business: The Logic of Gift in the Commercial World," Journal of Business Ethics, Springer, vol. 100(1), pages 109-123, March.
    6. Marvin T. Brown, 2012. "Adam Smith: An Enlightened Life," Review of Social Economy, Taylor & Francis Journals, vol. 70(4), pages 520-523, December.

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