Cover; Contents; Introduction; 1 Economics and Economic Systems Today; 2 Capitalism's Definitionof Human Beings; 3 Competition:The Driving Force of Economics; 4 The Market Guidance of the Economy; 5 The First Concession of Market Economies; 6 Misguidance of the Markets and Crises; 7 Costs and Benefits that are not Reflected in Markets; 8 Demand and Production: The Theory and the Reality; 9 What is the Objective: Profit or Income?; 10 Foreign Trade; 11 The New Economic Design; 12 An Interrogation of Capitalism; Index.
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Professor Ertuna maintains that the capitalist economic system is far from meeting our aspirations. He says we can, and must, contribute to the development of a better world which will serve us all. With a mixture of theory and practical examples, the former member of a World Bank mission and adviser to the Turkish Prime Minister, examines markets and international trade in the era of globalization from scientific, economic, cultural, philosophical and faith-based viewpoints. He explains how the 'Science of the 21st Century' may be part of a new emergent order.