Personalist Economics: Moral Convictions, Economic Realities, and Social Action

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This text examines the nature of the worker and consumer from a personalist perspective, comparing that body of knowledge to what is received from conventional economics. A running theme throughout, is that personalist economics is attentive to both aspects of human material need, physical need and the need for work as such, in a way that does not disregard human wants. Accordingly, this book is more concerned about the philosophical base and description of the economy’s significant characteristics than social economic policy. The text explores four dimensions of particularly acute human physical need: unemployment, poverty, homelessness, and death. In addressing these four aspects of need, the book delves into the second and third domains of social economics: description of the significant characteristics of the economy, and social economic policy. It also explores two types of economic co-opreation, supra-firm alliances and inter-firm partnerships, as means for addressing certain aspects of human material need. The book concludes with a lengthy discussion of the challenges facing personalist economics in the years ahead.