Stewardship-Based Economics

ISBN
9789812704795
$65.00
Author Kao, Raymond W. Y.
Format Paperback
Details
  • 8.9" x 6.2" x 0.5"
  • Active Record
  • Individual Title
  • Books
  • 2007/07
  • 218
  • Yes
  • KC RNU JPA KCM
  • Print
  • 40
Ownership-based economics has led to the rapid development and apparent universal success of the market economy. It is a system built on the deception of resource availability, ill-defined profit, and misled by the idea that an invisible hand can be an equitable system of distribution. It has resulted in a high living standard for a few select individuals, but at the expense of mankind and nature, ultimately culminating in the development of human conflict.This is a book with a blueprint for the twenty-first century, proposing a two-fold approach to easing the pressure on both the human race and the world we live in. It calls for a change of mindset from ownership to stewardship and a shift of responsibility to the corporate entities as a sub-system of the market economy.