•  
  •  
 

Abstract

Our unprecedented technological, economic, and environmental challenges call for thinking that goes beyond capitalism and socialism, both of which were developed in early industrial times. This article outlines a caring economics or partnerism that supports not only human survival but also human development. It proposes a full-spectrum economic map and economic policies needed at this time when many jobs are being replaced by automation. It looks at issues generally ignored in the conversation about a new economics, such as intra-household resource allocation, the devaluation of women and the ‘feminine,’ and the view that caring for people, starting in early childhood, is merely reproductive rather than productive work. It examines economic systems in the larger context of societies orienting to either end of the domination-partnership social scale, showing the interaction between social values and economic priorities. It describes new metrics that, unlike GDP and GNP, demonstrate the economic value of caring for people and nature, and proposes other steps toward a caring economics as the basis for a more humane and sustainable future.

Keywords

economics, children, post-industrial, caring economics, women, domination, partnership, capitalism, socialism, values, metrics, intra-household resource allocation, gender discrimination, quality of life, human infrastructure

Creative Commons License

Creative Commons Attribution-Noncommercial 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License

Publication Date

3-2-2017

Share

COinS
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.