Basis of Conventional Economics

Samir Alamad
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Samir Alamad: Coventry University

Chapter Chapter 2 in Beyond Profit, 2024, pp 17-40 from Springer

Abstract: Abstract Our journey commences with a critical analysis of economic theories within the realms of capitalism and socialism. We delve into the reconstruction of the ethical underpinnings of private property, leading to a re-evaluation of the roles of socialism and the state. These entities, reliant on taxation and compelled membership, take on new dimensions as we unveil them as socio-psychological constructs. This realisation propels us to return to economics, advocating for a pure capitalist societal framework as an ethically guided alternative to socialism.

Keywords: Economic theory; Socialism; Capitalism; Socio-psychological constructs; Societal framework (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-031-49748-3_2

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DOI: 10.1007/978-3-031-49748-3_2

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