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P2P Book of the Day: Betterness: Economics for Humans

photo of Franco Iacomella

Franco Iacomella
19th January 2012


Book: Betterness: Economics for Humans. by Umair Haque. Harvard Business Press Books, 2011

From the publisher:

“Betterness: Economics for Humans” is a powerful call to arms for a post-capitalist economy. Umair Haque argues that just as positive psychology revolutionized our understanding of mental health by recasting the field as more than just treating mental illness, we need to rethink our economic paradigm. Why? Because business as we know it has reached a state of diminishing returns–though we work harder and harder, we never seem to get anywhere. This has led to a diminishing of the common wealth.”

“Betterness: Economics for Humans” is a powerful call to arms for a post-capitalist economy. Umair Haque argues that just as positive psychology revolutionized our understanding of mental health by recasting the field as more than just treating mental illness, we need to rethink our economic paradigm. Why? Because business as we know it has reached a state of diminishing returns–though we work harder and harder, we never seem to get anywhere. This has led to a diminishing of the common wealth: wage stagnation, widening economic inequality, the depletion of the natural world, and more. To get out of this trap, we need to rethink the future of human exchange. In short, we need to get out of business and into betterness.”

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