 A Plea for Unconventional EconomicsChapter 1 in Social Capital, Corporate Social Responsibility, Economic Behaviour and Performance, 2011, pp 21-41 from Palgrave Macmillan Abstract: Abstract This chapter endeavors to convince the reader that unconventional economics is helpful to better understand issues concerned with social capital, corporate social responsibility and sustainable development. I hasten to add that this does not mean that standard neoclassical economics is superfluous and a waste of effort. Quite the contrary, neoclassics is important as a background theory into which the unorthodox elements can be introduced. Thus, the basic tenet of neoclassics, the strictly individualistic approach in which individuals seek to maximize their utility and are restricted by all sorts of economic (such as income or time) and institutional (such as the organization of industry or the governance of the state) constraints, is accepted and followed. Indeed, I presume standard neoclassics to be known by the reader both with respect to its fundamental features as well as to its specific theories and results. Keywords: Corporate Social Responsibility; Public Choice; Intrinsic Motivation; Procedural Fairness; Political Unit (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30618-9_2 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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