Felicitas publica: the southern spirit of capitalism

Luigino Bruni ()

Chapter 5 in A Modern Guide to the Economics of Happiness, 2021, pp 67-94 from Edward Elgar Publishing

Abstract: The chapter presents an historical review of the evolution of economic thought, from classic economic philosophy to contemporary economics, focusing on the reasons of why and how and where the human and social dimensions of economics have been lost in this evolutionary process. Examining the crucial period in the late eighteenth century when economists such Smith and Genovesi tried to reconcile the classical tradition of Civil humanism emerging commercial society, this author analyses the impact that the hedonist approach to economics had in removing the ethical conception of happiness. In addition, it focuses on key role that leading economists had in shifting methodological thinking away from an emphasis on civil happiness.

Keywords: Economics and Finance; Sociology and Social Policy (search for similar items in EconPapers)
Date: 2021
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