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Stewardship-based Economics

Author Raymond W Y Kao
Publisher World Scientific Publishing Company
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77.00 USD
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Book Details
ISBN / ASIN9812704795
ISBN-139789812704795
AvailabilityUsually ships in 24 hours
Sales Rank11,095,528
MarketplaceUnited States 🇺🇸

Description

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.