New Routledge Book

Economics, Entrepreneurship and Utopia

The Economics of Jeremy Bentham and Robert Owen

By Estrella TrincadoManuel Santos-Redondo

© Routledge, www.routledge.com/9781138186132

198 pages | 1 B/W Illus.

——————————————————–

Description

In the early 1800s, Robert Owen was a mill owner, political figure, and an advocate for social reform, and his publications attained considerable circulation. He believed that people need good working conditions in order to be encouraged to work and motivated to learn. Despite the higher costs associated with this kind of operation, compared to the traditional ones, Owen’s management resulted in increased productivity and profit. His results caught the attention of men of wealth who were interested in social reform. In particular, at a similar time, Jeremy Bentham was developing his own theories. Owen and Bentham seemed to be based on some similar ideas that the greatest happiness creates the greatest results. Their ideas developed against the backdrop of the Industrial Revolution, and growing social and economic problems in England.

Owen and Bentham were forerunners of highly relevant current theories of economics – marginalism, entrepreneurship, personnel management, and constructivism. They were acquainted with such important authors as James Mill, Malthus, Ricardo and John Stuart Mill. However, their economic theories were ruled out by classical economists, who actively tried to silence perspectives different from the orthodoxy. This book presents an innovative study of these two social thinkers and reformers, who have rarely, if ever, been studied together. This comparative study provides new context both on the social debate taking place during the Industrial Revolution, and on the development of modern social thought, in particular, the relationship between socialism and utilitarianism.

Economics, Entrepreneurship and Utopia will be of great relevance to scholars with an interest in the history of economic ideas, the history of entrepreneurship, and social reform in both historical and contemporary contexts.

Recomendados

The Agricultural Origins of Urban Civilization

Starting Grant (StG), SH6, ERC-2012-StG Project acronym: AGRICURB Project: The Agricultural Origins of Urban Civilization Researcher (PI): Amy Marie Bogaard Host Institution (HI): The University of Oxford, United Kingdom Start

The German Historical School and European Economic Thought

Título: The German Historical School and European Economic Thought Autores: José Luis Cardoso, Michalis Psalidopoulos Editorial: Routledge Año: 2015

The Birth of Economic Rhetoric. Communication, Arts and Economic Stimulus in David Hume and Adam Smith

Author: Estrella Trincado Publisher: Palgrave Macmillan; Edición: 1st ed. 2019 This book explores and compares the works of two great economists and philosophers, David Hume and Adam Smith, considering their

Historia del pensamiento económico heterodoxo

Título: Historia del pensamiento económico heterodoxo Autor: Diego Guerrero Editorial: Trotta, 1997

Economics in the Public Sphere: USA, UK, France, Brazil and Argentina since 1945

Starting Grant (StG), SH2, ERC-2011-StG Project acronym: ECONPUBLIC Project: Economics in the Public Sphere: USA, UK, France, Brazil and Argentina since 1945 Researcher (PI): Tiago Jorge Fernandes Da Mata Host

The Economics of Cultural Transmission and Applications to Communities, Organizations and Markets

Advanced Grant (AdG), SH1, ERC-2012-ADG Project acronym: TECTACOM Project: The Economics of Cultural Transmission and Applications to Communities, Organizations and Markets Researcher (PI): Thierry Verdier Host Institution (HI): Ecole d’Economie