Stewardship-based Economics (Repost)
Raymond W. Y. Kao, "Stewardship-based Economics"
English | 2007 | ISBN-10: 9812704795 | 232 pages | PDF | 2 MB
English | 2007 | ISBN-10: 9812704795 | 232 pages | PDF | 2 MB
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.