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Definitions
Economics and Philonomics
compared

 
FOUNDING CONCEPTS
ECONOMICS
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Founding concepts
In 1971 the sociologist and criminologist, Thomas Mathiesen, introduced two concepts that could help to address serious problems by facilitating a free and unmanaged development from below:

Counteraction
A new idea, or choice of action, if it is to contribute to fundamental change, must have a 'counteractive' or 'competing' effect on what is fundamental in the existing system. A socially transforming idea must not be woven into what exists but must be 'alien to the system'. The most important thing is to avoid ideas and actions that can be absorbed by the system, such as reforms without any effect whatsoever on the basic structure or the course of development that is to be changed.

The Unfinished
For some theorists, social change is a matter of ideological discussion and the presentation of complete solutions, a question of having systematically correct opinions which can be justified in terms of a complete view of future society. This approach requires, for an acceptance in the elite's debate on social change, the
presentation of a comprehensive solution, with built-in answers to everything. The question of how elitist thought structures of this sort actually affect public opinion, is scarcely discussed. Elitist thought tends to induce passivity in the majority, thus obstructing social change. An alternative to the complete and established is something that is unfinished, but on the way always towards something new and unknown.

The dynamic, counteractive element in the unfinished resides in the fact that it represents a constant challenge that cannot be dismissed out of hand. Counteraction, and hence the transition to the unfinished, is set in motion through creating a consciousness that creates a dilemma - through the conscious experience we have to choose between a continuation of the existing order (possibly with minor changes) and a transition to something that is not known.

This presentation in support of a new science embraces these two concepts and offers a challenge to the 'science' of economics and the desirability of economic growth.
Two questions are posed:

a. Does economics provide a proper framework for solutions to major global crises, including widespread hunger, poverty, inequality, environmental destruction, dangerous resource depletion, unsustainable population increase and global warming?

b. If not, then should a new science be developed that can make just one of many contributions to reversing current trends that offer a more hopeful future and an equitable distribution of wealth globally?

Why the word PHILONOMICS?
As with the word 'economics', the word is taken from the Greek - 'Philo' meaning friendship, empathy with (note established words like 'philanthropy' (practical benevolence), 'philosophy' (love of wisdom) and 'philomath' (lover of learning). 'Nomics' has the same meaning as in economics - order, arrangement, systematized knowledge but also reflects "nomia", meaning custom or law.

PHILONOMICS
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 



PLEASE TAKE PART IN THE DEBATE AND SUBMIT YOUR IDEAS BELOW FOR THE DEVELOPMENT OF THIS NEW SCIENCE.

NOTE THAT PHILONOMICS CANNOT BE ACCEPTED AS A
DICTIONARY DEFINED WORD UNTIL IT IS FIRST WIDELY USED.

CURRENTLY IT HAS NOT BEEN ACCEPTED BY WIKIPEDIA BECAUSE
IT DOES NOT APPEAR IN A DICTIONARY.

The symbol used in the logo is the African Adinkra symbol meaning interdependence and help for one another