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Stewardship-Based Economics

Author

Listed:
  • Raymond W Y Kao

    (Ryerson University, Canada)

Abstract

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.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Raymond W Y Kao, 2007. "Stewardship-Based Economics," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6355, August.
    • Handle: RePEc:wsi:wsbook:6355
    as

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    File URL: https://www.worldscientific.com/worldscibooks/10.1142/6355
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    Book Chapters

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    More about this item

    Keywords

    Ownership; Stewardship; Economics; Residual; Democracy; Poverty; Environmental Deterioration; Resources Drain; Distribution Versus Sharing; Globalization; Profit; Capital; Colonization;
    All these keywords.

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)

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