The Real Wealth of Nations

The Real Wealth of Nations

Creating A Caring Economics
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Just three days after winning the U.S. presidential election, Barack Obama met with a group of high-powered economists and business leaders. One wonders what Riane Eisler, had she been in that room, would have said to the President-Elect. Eisler, an eminent social scientist and no slouch in the economics world, has been hailed as a “Great Peacemaker” for, among other things, her contention that economics needs to incorporate caring and care giving, which typical GDP (Gross Domestic Product) measurements ignore. This book outlines her disagreement with traditional economic frameworks and the “economic double standard,” and puts forward her “new economics” which is more balanced, caring and modern. This is not a book for the narrow-minded intellect. This is a treatise that challenges conventional thinking. Economists will, no doubt, find much to critique in Eisler’s take on welfare reform, household economics, “domination systems,” and national budgeting. Not to mention her frank discussion on the ways in which men’s work and women’s work have been valued dramatically differently—and you can probably predict which way that conversation goes. However, this is a thoughtful and caring approach—and perhaps Obama and other world leaders would do well to read this book. If conventional economic thinking has gotten us to where we are now, perhaps Eisler’s new perspective can pave a better way.

 

Lisa Sansom