A01=Tiago Cardao-Pito
Author_Tiago Cardao-Pito
Bentham's Hedonist Utilitarianism
Bentham’s Hedonist Utilitarianism
Biophysical World
Category=JHBA
Category=KCA
Category=KCC
Category=KCD
Category=KCP
Category=KCZ
Contemporary Mainstream Economics
Contemporary Societies
economic production
Economic sociology
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
financialization
Fisher-Modigliani-Miller
Hedonist Calculus
Hedonist Markets
Hedonist Theory
Hedonist Utilitarianism
Hedonist Utility
Homo Economicus Model
human capital
Human participation
human resources
Intangible Flow
Intangible flow theory
Keynes
Mainstream Economics
Marxist economics
material flows
Monetary Flows
Monetary Societies
Monetary Technologies
Moneyed Persons
neoclassical economics
Physical Goods
political economy
Qualitative Hedonism
Quantitative Hedonism
Self-regulating Market
Smith's System
Smith’s System
Social constructivism
Societal Production
Tangible Flows
Vice Versa
Product details
- ISBN 9780367644154
- Weight: 880g
- Dimensions: 156 x 234mm
- Publication Date: 01 Aug 2022
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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The dominant economic explanations of the 20th century are not comprehensive enough to describe the complexity of economy and society and their reliance on the biosphere. Intangible Flow Theory in Economics: Human Participation in Economic and Societal Production outlines a new theory that challenges both economics and the relativism conveyed in social constructivism, poststructuralism and postmodernism. To mainstream economics and Marxism, monetary flows transform us humans into commodities. To this new theory, flows of economic elements as physical goods or money are consummated by intangible flows that cannot yet be precisely appraised at an actual or approximate value, for instance, workflows, service flows, information flows or communicational flows. The theory suggests a systematic alternative to refute the human commodity framework and interrelated conjectures (e.g. human capital, human resources, human assets). Furthermore, it exhibits that economic and societal production is fully integrated on the biosphere. Conversely, contemporary relativism argues for the end of theory development, suspension of evidence and entrenchment of knowledge validity among local systems (named as paradigms, epistemes, research programs, truth regimes or other terms). Thus, relativism tacitly supports dominant theories as the human commodity framework because it preventively sabotages the creation of new theoretical explanations. Disputing relativist theses, intangible flow theory demonstrates that innovative theoretical explanations remain possible. This book is of significant interest to students and scholars of political economy, economic sociology, organization, economics and social theory.
Tiago Cardao-Pito is an assistant professor at ISEG, Universidade de Lisboa (University of Lisbon), Portugal.
