The Economics Of Values Ideals And Organizations

Author : Luigino Bruni
Publisher : Routledge
Page : 115 pages
File Size : 43,7 Mb
Release : 2021-03-18
Category : Business & Economics
ISBN : 9781000393606

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The Economics of Values, Ideals and Organizations by Luigino Bruni Pdf

Values-based organizations are institutions, communities and non-governmental organizations (NGOs) which are inspired by a mission or a vocation – for these groups it is their ideals which are most important to them and economics does not have a way to incorporate that into its analysis. This book provides a short introduction to the economics of values-based organizations. The book opens with an analysis of some phenomena common to all organizations: the management of vulnerabilities in relationships and the role of incentives, especially in relation to loyalty. Turning to values-based organizations more specifically, the book explores the motivations of their members, how they retain their most motivated people, what happens when the ideals of the organization are perceived to have deteriorated, and the decisions made by those in charge, who focus on efficiency, oblivious to values and identities. The second part of the book explores the narrative dimensions of values-based organizations. "Narrative capital" is a precious resource in many of these organizations, particularly through periods of crisis and change. But problems can also be caused if the second and later generations after the foundations continue to use the original narrative without enough innovation. Finally, the book discusses the gaps – the surpluses and misalignments – between people, their ideals and the organizations and how these can be managed. The book is written for academics, students and others interested in the role of values and ideals in organizations – economists, sociologist, business scholars, theologians and philosophers.

Author : Luigino Bruni,Alessandra Smerilli
Publisher : Routledge
Page : 163 pages
File Size : 55,6 Mb
Release : 2014-08-13
Category : Business & Economics
ISBN : 9781317703594

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The Economics of Values-Based Organisations by Luigino Bruni,Alessandra Smerilli Pdf

This book looks at the governance of values-based organizations (VBOs), which are organizations with a mission and identity based on ideals. Examples of VBOs include non-profit organizations, charities, NGOs, environmental, educational or cultural organizations, and social enterprises. The main objective of any VBO is to evolve and grow without losing its identity, which its survival is linked to in the medium and long terms. The focus of this book is the study of the relational and motivational dynamics during identity crisis, using critical mass models and Hirschman’s "exit and voice" framework. This book analyses the dynamics that arise in VBOs when the quality of the ideal deteriorates. On the basis of Hirschman’s "exit and voice" model, it analyses the factors that lead the best members – the intrinsically motivated ones who care most about the mission and ideals of the organization – to leave if their voice is ignored. We show that the possible cumulative effects caused by the "exit" of intrinsically motivated members can lead the organization to a process of deterioration. This book offers an analysis of these phenomena, which are usually studied in sociology or political science, by using an economic approach and the language of evolutionary game theory. By combining sociological politics and economics as a theoretical tool, we create a fresh approach to explore crises in organizations.

Author : Avner Ben-Ner,Louis G. Putterman
Publisher : Unknown
Page : 523 pages
File Size : 40,7 Mb
Release : 1998
Category : Business & Economics
ISBN : 0521580870

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Economics, Values, and Organization by Avner Ben-Ner,Louis G. Putterman Pdf

In this path-breaking book, economists and scholars from diverse disciplines use standard economic tools to investigate the formation and evolution of normative preferences. The fundamental premise is that an adequate understanding of how an economy and society are organized and function cannot be reached without an understanding of the formation and mutation of values and preferences that determine how we interact with others. Its chapters explore the two-way interaction between economic arrangements or institutions, and preferences, including those regarding social status, the well-being of others, and ethical principles. Contributions have been written especially for this volume and are designed to address a wide readership in economics and other disciplines. The contributors are leading scholars who draw on such fields as game theory, economic history, the economics of institutions, and experimental economics, as well as political philosophy, sociology and psychology, to establish and explore their arguments.

Author : C. Chipeta
Publisher : African Books Collective
Page : 148 pages
File Size : 44,6 Mb
Release : 2010
Category : Business & Economics
ISBN : 9789990896602

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Money and Credit in an Indigenous African Context by C. Chipeta Pdf

In the course of Africa's economic development several types of money and multiple financial systems have evolved. This book examines the opportunities created by such diversity. The book analyses the supply of commodity money and attempts to apply conventional theories of demand to this type of money; examines the relative efficiency of commodity money and flat money; explains the impact of commodity money on the economy; and it analyses theories of interest and dividend payments on savings and loans in indigenous money and capital markets. The book pays particular attention to the organisation and functioning of the institutions involved in the informal commodity and financial money, capital and insurance markets, as well as the constraints that they face. It also points out the limitations of key non-indigenous financial institutions and compares and contrasts them with indigenous financial entities. In light of those limitations, the inability of the non-indigenous financial system to fully articulate the the indigenous African financial culture and adequately address the financial needs and interests of its clients, the book proposes an alternative Pan African financial system that is pro-poor. The book draws on various studies on the subject matter of money and credit based on research done in Western, Eastern, Central and Southern Africa.

Author : Arjo Klamer
Publisher : Ubiquity Press
Page : 267 pages
File Size : 40,6 Mb
Release : 2020-04-15
Category : Social Science
ISBN : 9781909188938

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Doing the Right Thing by Arjo Klamer Pdf

"This book is for all those who are seeking a human perspective on economic and organizational processes. It lays the foundations for a value based approach to the economy. The key questions are: "What is important to you or your organization?" "What is this action or that organization good for?" The book is directed at the prevalence of instrumentalist thinking in the current economy and responds to the calls for another economy. Another economy demands another economics. The value based approach is another economics; it focuses on values and on the most important goods such as families, homes, communities, knowledge, and art. It places economic processes in their cultural context. What does it take to do the right thing, as a person, as an organization, as a society? What is the good to strive for? This book gives directions for the answers. The value based approach restores the ancient idea that quality of life and of society is what the economy is all about. It advocates shifting thefocus from quantities ("how much?") to qualities ("what is important?").

Author : Stefano Zamagni,Luigino Bruni
Publisher : Edward Elgar Publishing
Page : 489 pages
File Size : 41,7 Mb
Release : 2013-01-01
Category : Business & Economics
ISBN : 9781849804745

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Handbook on the Economics of Philanthropy, Reciprocity and Social Enterprise by Stefano Zamagni,Luigino Bruni Pdf

The recent era of economic turbulence has generated a growing enthusiasm for an increase in new and original economic insights based around the concepts of reciprocity and social enterprise. This stimulating and thought-provoking Handbook not only encourages and supports this growth, but also emphasises and expands upon new topics and issues within the economics discourse. Original contributions from key international experts acknowledge and illustrate that markets and firms can be civilizing forces when and if they are understood as expressions of cooperation and civil virtues. They provide an illuminating discourse on a wide range of topics including reciprocity, gifts and the civil economy, which are especially relevant in times of crisis for financial capitalism. The Handbook questions the current phase of the market economy that arises from a state of anthropological pessimism. Such anthropological cynicism is one of the foundations of the contemporary economic system that is challenged by the contributors. This highly original and interdisciplinary Handbook will provide a fascinating read for academics, researchers and students across a wide range of fields including economics, public sector economics, public policy and social policy.

Author : Avner Ben-Ner,Louis G. Putterman
Publisher : Unknown
Page : 523 pages
File Size : 50,7 Mb
Release : 1998
Category : Economics
ISBN : 7301092369

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Economics, Values, and Organization by Avner Ben-Ner,Louis G. Putterman Pdf

Author : N. Scott Arnold
Publisher : Oxford University Press, USA
Page : 316 pages
File Size : 53,8 Mb
Release : 1994
Category : Business & Economics
ISBN : 9780195088274

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The Philosophy and Economics of Market Socialism by N. Scott Arnold Pdf

This treatise offers a comparative evaluation of market socialism and free enterprise systems. It argues that a market socialist system would be responsible for widespread and systematic exploitation that is precluded or minimized in a free enterprise system.

Author : William G. Scott,David K. Hart
Publisher : Transaction Publishers
Page : 220 pages
File Size : 43,9 Mb
Release : 1989-01-01
Category : Business & Economics
ISBN : 1412830303

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Organizational Values in America by William G. Scott,David K. Hart Pdf

This sequel to the authors' acclaimed Organizational America reconsiders the central theme of that volume-the unprecedented growth of the modern organization in America and the replacement of American founding values by the values of the modern organization. That book warned that as the modern organization becomes the dominant social and economic reality in American life, influencing everything that individuals do on and off the job, the consequences for the future would be severe. The authors saw an America forced into a path that unimpeded could result in totalitarianism.

Author : Maria Brouwer
Publisher : Routledge
Page : 288 pages
File Size : 45,7 Mb
Release : 2012-08-21
Category : Business & Economics
ISBN : 9781136253133

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Organizations, Individualism and Economic Theory by Maria Brouwer Pdf

Most economic theory is based on the assumption that economies grow in a linear fashion. Recessions, depressions and (financial) crises are explained by policy mistakes. However, economic development has historically been uneven, and this state of affairs continues today. This book argues that twentieth century economic theory has marginalized individualism and organizational variety, and puts forward the case for a pluralist approach. This book represents a unique synthesis of business theory and economic theory, which pinpoints the problems with many current mainstream theories and sets out new agendas for research. Here, Maria Brouwer argues that market competition is not about adapting to changes from outside, but is driven by human motivation and goal directed behavior. This gives managerial skills, which do not traditionally have a significant place in mainstream economic theory, a key role. It also highlights the need for organizations that have a motivational culture and appreciate human capital. This differs from the traditional view of the firm as a production function dictated by technology. Brower argues that organizations should be depicted as voluntary associations of people that pursue goals of their own, while firms compete on markets, where relative performance determines their fate. This argument builds on older theories of innovation and market competition that live on in business school curricula, and paints a picture of an economy directed by individuals and firms. This signals a bold departure from standard economic thinking.

Author : Bryan Cheang,Tom G. Palmer
Publisher : Springer Nature
Page : 210 pages
File Size : 44,8 Mb
Release : 2023-04-29
Category : Business & Economics
ISBN : 9789819908448

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Institutions and Economic Development by Bryan Cheang,Tom G. Palmer Pdf

This book is a survey of the field of development studies from a political economy perspective. It first reviews the academic literature on development and highlights the fundamental importance of institutions and social values, over and above other alternative theories, as determinants in long-run development. In this context, the book draws from the works of Nobel Laureates Douglass North, F.A. Hayek and Elinor Ostrom, and argues that the ingredients of property rights, the rule of law, and market freedoms are essential in generating socio-economic progress. Successful reforms however are not simply a function of constructing formal institutions, but must cohere with the social values, norms, and cultural commitments of local communities. It is in this spirit that the book theorises on the oft-neglected role that political entrepreneurs play in driving endogenous institutional change. Specifically, this book integrates the theoretical discussion on market-driven development with a range of case studies from around the world, featuring the bottom-up efforts of local change agents to pursue institutional reforms and changes in social opinion.

Author : Anonim
Publisher : Ludwig von Mises Institute
Page : 262 pages
File Size : 52,9 Mb
Release : 2024-07-02
Category : Electronic
ISBN : 9781610164986

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Austrian School of Economics: A History of Its Ideas, Ambassadors, and Institutions by Anonim Pdf

Author : Avner Ben-Ner,Louis Putterman
Publisher : Cambridge University Press
Page : 564 pages
File Size : 46,9 Mb
Release : 1998
Category : Business & Economics
ISBN : 052177411X

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Economics, Values, and Organization by Avner Ben-Ner,Louis Putterman Pdf

A path-breaking analysis of the relationship between economic institutions and values.

Author : Mariana Mazzucato
Publisher : Penguin UK
Page : 384 pages
File Size : 53,6 Mb
Release : 2018-04-26
Category : Business & Economics
ISBN : 9780241188828

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The Value of Everything by Mariana Mazzucato Pdf

Who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem hiding in plain sight. In modern capitalism, value-extraction - the siphoning off of profits, from shareholders' dividends to bankers' bonuses - is rewarded more highly than value-creation: the productive process that drives a healthy economy and society. We misidentify takers as makers, and have lost sight of what value really means. Once a central plank of economic thought, this concept of value - what it is, why it matters to us - is simply no longer discussed. Yet, argues Mariana Mazzucato in this penetrating and passionate new book, if we are to reform capitalism - to radically transform an increasingly sick system rather than continue feeding it - we urgently need to rethink where wealth comes from. Who is creating it, who is extracting it, and who is destroying it? Answers to these questions are key if we want to replace the current parasitic system with a type of capitalism that is more sustainable, more symbiotic: that works for us all. The Value of Everything will reignite a long-needed debate about the kind of world we really want to live in.

Author : Ludo Cuyvers
Publisher : Routledge
Page : 322 pages
File Size : 47,5 Mb
Release : 2016-09-13
Category : Business & Economics
ISBN : 9781317381822

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The Economic Ideas of Marx's Capital by Ludo Cuyvers Pdf

Nearly two hundred years have passed since the birth of Karl Marx and continuing to this day the influence of his economic views, insights and theories can still be felt. However, since the publication of Das Kapital, the scientific community has not been sitting idle – it is time to evaluate Marx as an economist and explore what he can bring to modern economic thinking, particularly post-Keynesian economics. Starting with Marx’s schemes of reproduction, which, it is shown, are the basis of the linear model of production as used since the 1960s by Piero Sraffa, Michio Morishima and others, the book reviews and assesses Marx’s major economic theses. These include: the labour theory of value; accumulation and technical change and its impact on labour; the concept of unproductive labour; the tendential falling rate of profits; the evolution and determinants of the share of wages in national income; as well as short-run and long-run economic dynamics. The Economic Ideas of Marx's Capital updates the theses of the labour theory of value and the conditions for balanced growth using the recent scholarly literature, and also further develops issues related to Marx’s concept of productive labour. Moreover, the book analyses the intellectual relationship of Marx’s economic theory with post-Keynesian neo-Marxism, particularly in the writings of Michal Kalecki, Joan Robinson and others. By doing so, the book shows the need and possibilities of integrating major insights of Marxist and post-Keynesian theory. This volume will be of interest to those who wish to explore Marx’s economic theories through a non-ideological approach, as well as students of Marxist economics, post-Keynesian economics and the history of economic thought.