Social Subsistence

Abstract

Orthodox economics is built upon a microfoundation. Starting with the individual, orthodox economists construct neo-Classical microeconomics. From that base they build their macroeconomics. Unfortunately this dependence upon ‘methodological individualism’ has allowed orthodox economists to ignore factors authentically macro and independent of individual decision making. One such factor is the main theme of this book—survival conditions. A great deal of this topic is authentically macro, where the individual is a misleading or nonsensical level of abstraction.