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Economic pluralism
 
 
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Economic pluralism refers to the diversity of business types, and the economic ethos
Ethos

Ethos is a Ancient Greek word originally meaning "accustomed place" , "custom, habit", that can be translated into English language in different ways....
 that drives their activities. It recognizes and embraces diversity of economic activity to include Non-profit organization
Non-profit organization

A nonprofit organization is any organization that does not aim to make a profit, and which is not a public body....
s, Collectives, Sustainability
Sustainability

Sustainability, in a broad sense, is the ability to maintain a certain process or state. It is now most frequently used in connection with biological and human systems....
 and Cooperatives as well as orthodox economics mostly driven by profit.

Economic Pluralism is scientifically more competitive than Economic Capitalism. Economic Capitalism is based on a zero-sum game - scarce land and the proportionate labor wages (i.e.






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Economic pluralism refers to the diversity of business types, and the economic ethos
Ethos

Ethos is a Ancient Greek word originally meaning "accustomed place" , "custom, habit", that can be translated into English language in different ways....
 that drives their activities. It recognizes and embraces diversity of economic activity to include Non-profit organization
Non-profit organization

A nonprofit organization is any organization that does not aim to make a profit, and which is not a public body....
s, Collectives, Sustainability
Sustainability

Sustainability, in a broad sense, is the ability to maintain a certain process or state. It is now most frequently used in connection with biological and human systems....
 and Cooperatives as well as orthodox economics mostly driven by profit.

Economic Pluralism is scientifically more competitive than Economic Capitalism. Economic Capitalism is based on a zero-sum game - scarce land and the proportionate labor wages (i.e. food, clothing and shelter) the scarce land is able to produce. Economic Pluralism is based on a "whole is greater than the sum of the parts" game - infinite air, water, and light resources and the proportionate human innovation profits (i.e. education).

Theoretically, many different sized businesses (competitive groups) will advance economic efficiency based on increased competition. Pluralism in economics refers to the diversity of competition for scarce land resources. Diversity of size or allowing businesses groups to grow to their most competitive or natural size generates ultimate economic competition. In contrast, economic capitalism incentivizes large group size (i.e. corporations) to scale scarce land and proportionate labor.

Economic Pluralism utilizes Human Innovation to increase the economic value of the indefinite resources of Air, Water and Light, thereby lowering the expense cost of proportionate but scarce land rent and labor wages. Economic Pluralism produces renewable capital in the form of education.

See also

  • Buddhist economics
    Buddhist economics

    Buddhist economics is a set of Economics partly inspired by Buddhist beliefs that individuals ought to do good work in order to ensure proper Human development ....
  • Collective
    Collective

    A collective is a group of people who share or are motivated by at least one common issue or interest, or work together on a specific project to achieve a common objective....
  • Cooperative
    Cooperative

    A cooperative is defined by the International Co-operative Alliance Statement on the Co-operative Identity as an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled business....
  • E. F. Schumacher
    E. F. Schumacher

    Ernst Friedrich "Fritz" Schumacher was an internationally influential economic thinker with a professional background as a statistician and economist in United Kingdom....
  • Natural capital
    Natural capital

    Natural capital is the extension of the economic notion of capital to environmental goods and services. Natural capital is thus the stock of natural ecosystems that yields a flow of valuable ecosystem goods or services into the future....
  • Non-profit organization
    Non-profit organization

    A nonprofit organization is any organization that does not aim to make a profit, and which is not a public body....
  • Pluralism in economics
    Pluralism in economics

    The pluralism in economics movement is a campaign to eliminate any monism in economics, including the substantive and methodological monism that its proponents believe currently dominates mainstream academic economics....
  • Small is Beautiful
    Small Is Beautiful

    Small Is Beautiful: Economics As If People Mattered is a collection of essays by British economist E. F. Schumacher. The phrase "Small Is Beautiful" came from a phrase by his teacher Leopold Kohr....
  • Sustainable development
    Sustainable development

    Sustainable development is a pattern of resource use that aims to meet human needs while preserving the environment so that these needs can be met not only in the present, but in the indefinite future....