Socio-economics: Toward a New Synthesis (Ethical Economy Ser.)

By: Amitai Etzioni and Paul R. Lawrence

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Synopsis: This work is organized in seven sections around major themes of socio-economics. The first section outlines socio-economics in an historical perspective, drawing on the "Methodenstreit" in the German school of economics at the turn of the century. Four additional essays view economic behaviour from the perspective of psychology, sociology and values outside the realm of economics. The second section of the book explores the process of choice and goals made by the variety of economic factors, among them factors that influence choices, values and motivations outside economics. The next two sections, each containing three papers, examine executive leadership and entrepreneurship from the broader socio-economic perspective. Section five includes papers that deal with the role of institutions in the modern political economy. It develops an institutional theory of markets, firms, human values in economic behaviour and investment in ethnic goals and morality. Section six focuses on the modern corporate culture considering collective human capital. The final three papers examine the boundaries that embrace the processes and activities of firms. They consider the bonds and relationships that develop between firms and organizations in the modern political economy.