Philip Roscoe: YouTube (21:46) True Cost of Economics – Is Economics a [Very Immature Dangerous] Way of Thinking?

Cultural Intelligence, Earth Intelligence, YouTube

The True Cost of Economics

Leading management thinker Philip Roscoe argues that economics is not a science, it’s a way of thinking – one that, over the course of the 20th century, has come to dominate the decision-making of both individuals and governments. Every day we make choices – where to live, what to eat, how to educate our children and care for our parents – in which the influence of economics invariably promotes self-interest over social obligations. But all of today’s big problems require collective action, so a way of thinking shaped by economic principles is a huge obstacle to change. Can we begin to think differently?