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W. Sombart (1967)
The Quintessence of Capitalism; A Study of the History and Psychology of the Modern Business Man
H. Gossen
The Laws of Human Relations
R. Heilbroner
The Worldly Philosophers: the Lives, Times, and Ideas of the Great Economic Thinkers
Kenneth Lux (1990)
Adam Smith's mistake : how a moral philosopher invented economics & ended morality
E. Blyden
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J. Schumpeter (1943)
Capitalism, Socialism and Democracy
M. Friedman (2007)
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Larry Patriquin (2004)
The Agrarian Origins of the Industrial Revolution in EnglandReview of Radical Political Economics, 36
A. Hirschman (1977)
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S. Marglin (2010)
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R. Heilbroner, L. Thurow (1921)
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K. Polanyi, J. Stiglitz, F. Block (2001)
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J. Coleman (1990)
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R. Tawney, Charles Gore (1948)
Religion and the rise of capitalism : an historical study
T. Aquinas
Summa Theologiae
R. Heilbroner
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(1971)
Behind the Veil of Economics: Essays in the Worldly Philosophy
Purpose – This paper aims to explain how economics severed itself from the moral constraint of community and from ethics. Design/methodology/approach – The paper utilizes respected economic histories (e.g. Tawney, Polanyi, Heilbroner) and analyzes central theoretical texts of modern capitalism (e.g. Adam Smith). Findings – This paper concludes that the divorce of economics from community and ethics had historical causes, beginning with enclosure, and was then theoretically justified by the classical economics. Practical implications – The paper suggests that, if social economics wish to reconnect economics with ethics, they need first to understand and to contend with, better than they have, the enormity of the historical and theoretical forces that drove the two apart in the first place. Originality/value – While many social economists argue for the need to connect economics with ethics, few if any have offered an extended analysis of their divorce.
Humanomics – Emerald Publishing
Published: Aug 5, 2014
Keywords: Ethics; Modern capitalism; Community; Enclosure; Moral science; Social economics
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