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.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Fan, C. C., & Scott, A. J. (2003). Industrial agglomeration and development: A survey of spatial economic issues in East Asia and a statistical analysis of Chinese regions. Economic Geography, 79, 295–319.
Friedman, M. R. (1984). The Tyranny of the Status Quo.
Fujita, M., Krugman, P., & Venables, A. (1999). The spatial economy: Cities, regions and international trade. MIT Press.
Hall, P. (2001). Global city-regions in the twenty-first century. In A. J. Scott (Ed.), Global City-regions: Trends, theory, policy (pp. 59–77). Oxford University Press.
Kim, S. (2002). The reconstruction of the American urban landscape in the twentieth century, NBER working paper 8857. National Bureau of Economic Research.
Kolko, G. (1967). The triumph of conservatism. University Press.
Little, I. M. D. (1982). Economic development: Theory, policy, and international relations. Basic Books.
Lucas, R. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22, 3–42.
Mises, L. v. (1966). Human action. University Press.
Mises, L. v. (1974). Profit and loss. In Planning for freedom.
Rothbard, M. N. (1970a). Man, economy and state.
Rothbard, M. N. (1977). Power and market. Kansas City.
Schumpeter, Joseph A. (1954). History of Economic Analysis. New York: Oxford University Press.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2024 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Alamad, S. (2024). Basis of Conventional Economics. In: Beyond Profit. Contributions to Economics. Springer, Cham. https://doi.org/10.1007/978-3-031-49748-3_2
Download citation
DOI: https://doi.org/10.1007/978-3-031-49748-3_2
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-031-49747-6
Online ISBN: 978-3-031-49748-3
eBook Packages: Economics and FinanceEconomics and Finance (R0)