ScholarWorks > HHS > Social Work > JSSW > Vol. 27 > Iss. 2 (2000)
Exploitation-The Invisible Hand Guided by a Blind Eye: Confronting a Flaw in Economic Theory
Economics is alone among the social science disciplines in failing to have a sound theory to explain behaviors when people do not act according to their self-interest, that is, with compassion. This has resulted in a fundamental flaw in economic thought. As economies have grown in scale and complexity, there has been a corresponding distancing between consumers and producers. This flaw has revealed itself through a lack of economic structures which bridge this distance, restore a level of intimacy within the economic interaction, and hence facilitate the expression of compassion.
"Exploitation-The Invisible Hand Guided by a Blind Eye: Confronting a Flaw in Economic Theory,"
The Journal of Sociology & Social Welfare: Vol. 27:
2, Article 3.
Available at: https://scholarworks.wmich.edu/jssw/vol27/iss2/3
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