The invisible hands

Print
Written by Gardner and Prugh

Humans differ sharply from the model of "economic man" held by early economists.  The celebrated insight of Adam Smith was that the "invisible hand" leads  self-intersted individual actions to positive collective outcomes.  This is a powerful idea, but it has overshadowed the equally important communitarian dimensions of human societies,  People are motivated not only by self-interest but by a desire to participate in a larger community.  Sustainable economics recopgizes the strong communitarian impulse of human beings.  

Gary Gardner and thomas Prugh, State of the World 2008, p.6. 

Designed by Free Joomla Templates