Civilizing the Economy A New Economics of Provision

A Review of “Civilizing the Economy” in Peace Review: A Journal of Social Justice

Posted Jan 2, 2012 by Marvin Brown in Uncategorized, No Comments

A Review of “Civilizing the Economy”
by Heidi Garrett-Peltier, Political Economy Research Institute at the University of
Massachusetts, Amherst

To link to this article: http://dx.doi.org/10.1080/10402659.2011.625873

Opening Paragraph:

The economic crisis of 2008 and the great recession in which we still find
ourselves have made it abundantly clear that mainstream economic thought
needs an overhaul. The profit motive of a capitalist economy, combined with
a nearly unregulated financial sector, caused financial firms to pursue actions
that were in their own short-term interests, but which added no real value to
the economy and, in fact, undermined the very system of which they are a
part. In his newest book, Civilizing the Economy, Marvin Brown challenges
the framework of a free-market economy and offers an alternative vision for
the place and purpose of economic interactions. The economy, Brown argues,
should be based on providing for the needs and wants of humans, and we
should recognize the role of the providers themselves. Reframing the way
we speak of and view the economy would engender changes in the way we
organize firms and markets and would re-position the economy within the
social and civic sphere.

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Marvin T. Brown, Ph.D teaches business and organizational ethics at the University of San Francisco and Saybrook University in San Francisco.

This book is the culmination of 30 years of teaching and writing on business and society from a communicative perspective. Visit workingethics.com for more information.

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