<i>‘At a time of deep doubt about economic orthodoxies, this is a powerful call to reclaim economics as a moral and institutional discipline—one grounded in justice, not dogma, and attuned to the lived realities of a fractured world.’</i>
- Carlos Lopes, University of Cape Town, South Africa,
<i>‘Brimming with original insights, this book helps us grapple with complex economic challenges of our times. It does not just critique the deficiencies of neoliberal economics, but elegantly lays solid foundations for a new economics grounded in ethics, social context, and real world institutions. Its new definition of economics is human-centric rather than one narrowly fixated on quantitative frames that lack context. This is an essential reading for public policy experts and development practitioners.’</i>
- Mzukisi Qobo, South Africa’s Ambassador to the World Trade Organisation, Switzerland,
<i>‘Daniel Bell announced the end of ideology, Francis Fukuyama announced the end of history - the triumph of neoliberalism and the absence of alternatives as to how a modern economy is managed. George Kararach disagrees and implores us to think beyond neoliberalism and construct a humane society. This book asks of us for the minimum: have a proper debate about the economy. It is thought provoking, questioning conventional economic wisdom and puts human development at the centre.’</i>
- Riad Sultan, University of Mauritius, Mauritius,
Exploring the societal impact of economics, Kararach sheds light on the limitations of neoliberalism and examines the effects of ethics on the evolution of alternative economic perspectives and policies. Chapters draw on detailed global case studies to present alternative proposals for a humane economy that promotes social inclusion, grounds economic theory in the social context, and integrates perspectives from the Global South. Considering how the economy can better serve society, Kararach applies heterodox methods to practical policy issues, highlighting the influence of institutional differences alongside powerful interest groups.
Interdisciplinary in scope, this book is a valuable resource for students and academics in economics, development studies, public policy, governance, philosophy and political science. Its insights will also greatly benefit policymakers and practitioners working in multilateral institutions, NGOs, UN agencies, and regional economic organizations.