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Theoretical and Applied Economics
No. 12 / 2011 (565)

The Negative of the World

„Economic activity is devoid of content without the existence of the fine weave between the individual motivation for profit and the social fulfillment of the expectation ofprosperity.”


The insistent call to trust the system is different from what it is hoped: the debatable founding of conceptualization in Economics is betrayed on the principle of methodological individualism. The situation is not different from that of the Holy Office which was created to cleanse, by way of pyre, certain individuals from the persistence of their religious faith - as a social phenomenon. The theoretical scaffold of Economics, centered on the reduction of randamental behavior to a single benchmark, that of individual motivation, transforms the human actional field into a centrifuge of negative externalities.

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