Person: an economic agent for the electronic age
AbstractPurpose – To demonstrate that person and the philosophy of personalism are more relevant to contemporary economic affairs than individual and the philosophy of individualism. Design/methodology/approach – This paper addresses two tasks. First, it provides a sketch of what it means to approach economic affairs from the perspective of person and personalism versus individual and individualism. Second, it traces the origins of personalist economics to Aristotle, Aquinas, and Smith, shows why personalist economics departs from mainstream economics, and how it is linked to Weber and Walras principally through Schumpeter. Findings – This paper provides a schematic showing that personalist economics originates with Aristotle, Aquinas, and Smith without embracing the individualism of the Enlightenment and a timeline that connects the three stages of human communication – oral/aural, script, and electronic – to the evolution of economics since the Enlightenment. Research limitations/implications – This paper challenges mainstream economics to consider the adequacy of individual/individualism in an age where it is self-evident that human beings are not autonomous individuals. Practical implications – The individual as the basic unit of economic analysis is a creature born of the individualism of the script stage. The person as the basic unit of economic analysis was born of the personalism of the electronic stage and, therefore, is much better suited to economic analysis in an age of economic globalization. Originality/value – The integration of work on human communication with the way in which economists should be thinking about contemporary economic affairs.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Emerald Group Publishing in its journal International Journal of Social Economics.
Volume (Year): 34 (2007)
Issue (Month): 7 (July)
Contact details of provider:
Web page: http://www.emeraldinsight.com
Postal: Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Virginia Chapman).
If references are entirely missing, you can add them using this form.