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2020 | OriginalPaper | Chapter

15. Saving Capitalism: Bring Empathy into Mind and Action

Author : Gary D. Lynne

Published in: Metaeconomics

Publisher: Springer International Publishing

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Abstract

Metaeconomics points to an Empathy-based, humane liberalism in the foundation of capitalism, the kind originally envisioned by Adam Smith. In light of Metaeconomics framing, the natural tendencies to Fascism must be addressed. That is, when the various bad liberalism frames come to overly influence the system, bad capitalism emerges. As soon as it arrives, Fascism again becomes popular, as well as the other “isms” at the ends of the spectrum. Metaeconomics is a direct counter to “bad-isms” of all kinds, due to being based in empirical reality and pointing to the essential need for an ethical foundation, both especially missing in Fascism. Metaeconomics holds the potential to help in saving capitalism by shifting the conversation to making it good, which keeps Fascist tendencies at bay.

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Title: Saving Capitalism: Bring Empathy into Mind and Action
Author: Gary D. Lynne
Publisher: Springer International Publishing
Book: Metaeconomics
Print ISBN: 978-3-030-50600-1

Electronic ISBN: 978-3-030-50601-8

Copyright Year: 2020
DOI: https://doi.org/10.1007/978-3-030-50601-8_15