We hope you have enjoyed this Tutorial. As
stated at the outset, this is not the type of economics tutorial you will
find elsewhere on the web.
We began the tutorial with a quote from Hazel Henderson: "economics is politics in disguise". We agree with this, and have tried to demonstrate that 'economics' is a relative pseudo-science, which historically has been manipulated according to a dominant revenue economics; and that today that economics is characterized by a dated self-equilibrating model, which is of benefit primarily to financial instututions, their interests, and transnational associations.
Further, we have tried to demonstrate that there are several economic subsystems which, when taken in concert, contribute to what might be called a healthy, Systems Theory of Economics which is of benefit to all, rather than just a few. In order to work towards a Systems Theory of Economics, We maintain that monetary reform is essential. For further information pertaining to the latter, check our Tutorial/Our Bank link.
Economists have abandoned their analysis of the objective world and its political, economic, and productive relations in favor of more introverted, utilitarian and welfare-oriented norms. Mathematical 'speculations' have come to displace the once-social science of political economy.
The study of economics should foster an understanding of socio-economic relationships that inspire and lead to an engagement in social progressive activism.
We are thus urged to play a positive role in economic system reform to produce outcomes that are socially fair, and ensure that production is carried out by ecologically sustainable processes.
Of critical concern is a contemporary production and distributing system that has no mechanism that can internalize negative externalities; and therefore, apparently unstoppable, leads towards a collapsing ecology