1st Edition

Intangible Flow Theory in Economics Human Participation in Economic and Societal Production

By Tiago Cardao-Pito Copyright 2021
334 Pages 23 B/W Illustrations
by Routledge

334 Pages 23 B/W Illustrations
by Routledge

334 Pages 23 B/W Illustrations
by Routledge

The dominant economic explanations of the 20th century are not comprehensive enough to describe the complexity of economy and society and their reliance on the biosphere. Intangible Flow Theory in Economics: Human Participation in Economic and Societal Production outlines a new theory that challenges both economics and the relativism conveyed in social constructivism, poststructuralism and... Read more

Part 1. Introduction

1. A new theory, economics and relativism

Part 2. Intangible Flow Theory

2. Introducing Intangible Flow Theory
3. Monetary flows and commodities
4. New scientific law: We humans are not commodities, assets, capital or resources
5. Operating product flows enhancing human survival and existence
6. Non-deconstructable flows and countering relativism

Part 3. Origins of the human commodity framework in mainstream economics and Marxism

7. Adam Smith’s synthesis and the human commodity framework
8. Theory of human in mainstream economics: Utilitarianism as hedonism allegedly measurable in money
9. Intangible Flow Theory is not aligned with quantitative nor qualitative utilitarianism
10. Ricardo, Malthus, and the human commodity framework into context
11. Prototypes of hedonist arguments
12. Hedonist theory of value, production and existence emerges
13. Humans, human flows and Mother Nature integrated upon the hedonist market parable
14. Human commodity framework origins and its possible elimination

Biography

Tiago Cardao-Pito is an assistant professor at ISEG, Universidade de Lisboa (University of Lisbon), Portugal.

"This book by Tiago Cardao-Pito contains many significant achievements. Most importantly, it provides a novel perspective for appreciating the reality of socioeconomic provisioning processes that has the potential to refine our ontological conceptions, without constraining established accounts."

Jakob Kapeller, Accounting, Economics and Law: A Convivium

"[T]his is a book that is impressive in the variety of topics addressed, ranging from sociology, political theory, economics, and, especially, classical philosophy and metaphysics...[T]he readership will encounter a well-grounded theoretical book that adds new complexities to the already contested economic theories on hedonism, rational choice, and, especially, the mastering of what empirical data can actually show."

Felipe Torres, economic sociology: perspectives and conversations