Ethical And Economic Social Cooperation.

 
Social cooperation to achieve the greater good is natural and ethical and the use of capital is extremely vital since it is the most limiting economic factor. There are always plenty of ideas but not enough capital to direct towards accomplishing them. Economics is the study of the best means to attain the ends which is helpful in deciding which ideas are given the capital needed to bring them to fruition.

In an ethical society the civilization is ever-advancing and this is because social cooperation is a source of both justice and unity, but not in some miraculous, instantaneous way. It comes about through the flow of knowledge and the best means for the knowledge of both the material and the ideal to flow is through an unhampered market process. It involves transformation which is also a part of the continual development of ethics over time.

Those who think that ethics is fixed and that their vision is the standard to be upheld simply ignore the dynamic processes that constitute an ever-advancing civilization. There are some certainties though and one is that ethics and economics are inseparable and when this is understood and respected social cooperation will be much more of a reality. Then the latent potentials of humankind will be brought to the surface.

 
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Self-Interest: An Unscientific Middle Ground Stance In Economics!

Contemporary economic science is exhibiting the consequences of its own deceitfulness and/or ignorance! Because "economists" pretend that ethics can be and must be dealt with separately, economic science rots at its very core!

To avoid recogniton that humans make decisions subjectively and to avoid the adoption of subjectivism as the correct scientific method for the study of human sciences, economists have devised a middle ground stance and classify humans as making decisions that are in their self interest.

This is middle ground between regarding humans as inherently selfish and simply accepting that humans act subjectively.

You may ask: "What harm is there in this?"

It disregards the human right of individuals to make decisions along the spectrum of ethics even if those decisions are not perfect and it stifles the learning process that is all a part of the unfoldment of ethics in an ever-advancing civilization.

When "economists" classify these decisions as being made in self-interest it opens Pandora's Box. First of all, the "economists" who fail to honor the subjective nature of human decision-making have their own self-interest in being the "analyst" of self-interest! In their "judgment" it might be "better" and more in line with "self-interest" if decision A were made instead of decision B. In reality these "economists" are really just interventionists not economists!

To accept that human beings have the human right to make decisions subjectively would eliminate the 'economics profession' as it now exists because interventionism by those who pretend to know what represents "self-interest" would no longer be acceptable in the scientific field of economics.

Knowledge is unique to each individual and a person at a particular time or place cannot do any better than making decisions subjectively. One thing that is certain is that everyone benefits from social cooperation and so over time all subjective decisions will be modified (learning from earlier decisions). This is the natural process of the execution and the formation and the advancement of ethics.

But contemporary "economics" in these Dark Ages of economics will remain deceitful and/or ignorant until the inseparability of ethics and economics is recognized.

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Scientism Distorts; Even Those Using The Scientific Method Of Subjectivism.

Scientism is not only a false extension (inappropriately) into a field of study (as described by Fredrick Hayek in his 1952 Counter-Revolution of Science and reprinted in volume 13 of the Collected Works) but it is also even and again more subtle in its exclusion of appropriate science into its midst! Hence, for example, we see entrenchment and stubborn resistance towards subjectivism in the human sciences. I would venture to say that an even greater harm is done (and it is even done by those who recognize subjectivism) by claiming a false separation between ethics and economics. It is a 'scientism-like' attitude towards the new scientific advancements that clearly demonstrate that ethics and economics cannot be separated. What you get when they are separated is the mess that we see all around us - unabashed interventionism by the ego-driven.

The present-day economic problems cannot be resolved without using a scientific method that recognizes the inseparability of ethics and economics!

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