Moral Dimension

Toward a New Economics

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Blending elements of psychology, philosophy, and sociology with economics, Etzioni presents a bold new vision of the social sciences - one which proposes that broader moral, social and political concerns modify economic behaviour and shape individual decision-making. In establishing the necessitary of moral and social considerations in economic behaviour, he provides a provocative new framework for a more comprehensive, ethical and realistic approach to the social sciences today.
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  • Free Press | 
  • 314 pages | 
  • ISBN 9780029099018 | 
  • June 1990
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Chapter 1

The New Paradigm: Underlying Themes

TOWARD A NEW SYNTHESIS

Both social scientists and intellectuals draw on overarching sets of assumptions -- or paradigms -- to organize their efforts to understand our world, the goals we pursue, the ways we choose means to advance our goals, and the ways we relate to one another as we proceed as individuals or in unison. When these paradigms are used to formulate theories and policies that are limited in their empirical and ethical scope, the study of our world suffers, and so do efforts to administer to its ills. This book argues that the neoclassical paradigm -- that of a...

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