Generated by All in One SEO v5.0.1.1, this is an llms.txt file, used by LLMs to index the site. # Ethonomics Ethics join economics ## Sitemaps - [XML Sitemap](https://ethonomics.org/sitemap.xml): Contains all public & indexable URLs for this website. ## Pages - [Home](https://ethonomics.org/) - Our work at Ethonomics is concerned with joining ethics to economic decision-making. - [Our solution](https://ethonomics.org/ethonomics-unpacked/our-solution/) - So far we have explored reasons for the social and environmental problems that the economy causes: 1. economic links have progressively stretched further and further beyond the reach of community, creating dysfunctional zones in the economy outside of proper ethical scrutiny (economic overreach); 2. the very nature of those dysfunctional zones stops behavioural solutions from - [Ethonomics condensed](https://ethonomics.org/ethonomics-condensed/) - This page gives a summary of our take on the key problems of the way in which the economy functions today, our solution, and the potential impacts of that solution. See Ethonomics unpacked for a more detailed account. The problem Our account of the problems of the function of our economy pivots upon four main ideas: - [Four key ideas](https://ethonomics.org/ethonomics-unpacked/four-key-ideas/) - We break down the problem of unethical economics using four key concepts (see the links for more detail): 1. Economic overreach - economic ties reach beyond community ties, leaving economic interactions insufficiently monitored. 2. Behaviour vs structure - because economic interactions are insufficiently monitored, problems arise for environmental and social sustainability. We distinguish between behavioural - [Big society](https://ethonomics.org/ethonomics-unpacked/four-key-ideas/big-society/) - On the economic overreach page we identified that economic ties reach beyond those of community that can supervise them. On the behaviour and structure page we identified that structural solutions to economic overreach are vital and overlooked. On the cooperatition page we identified that structural change needed to find new mechanisms for community. These should balance - [Economic overreach](https://ethonomics.org/ethonomics-unpacked/four-key-ideas/economic-overreach/) - We live in a world where (talking trends rather than specifics) the geographic span of economic connections has expanded extremely rapidly so that they have come to stretch beyond the reach of community capable of effectively moderating/ controlling them. We refer to this phenomenon as economic overreach. For example, it may not be possible to - [Race to the bottom](https://ethonomics.org/ethonomics-unpacked/four-key-ideas/cooperatition/race-to-the-bottom/) - A race to the bottom is a phrase used to describe any competition that produces emergent negative behaviour between the actors involved. Simple examples include: the tendency for consumers to buy bigger and bigger cars, to compete on safety; the tendency for states to reduce taxation for internationally mobile individuals and entities; and arms races between states, - [Alienation](https://ethonomics.org/ethonomics-unpacked/impacts/alienation/) - Marx conceived alienation (Entfremdung in German, which literally means "estrangement"), as referring to the separation of things that naturally belong together. This is equivalent to putting an antagonism between things that are properly in harmony. In the concept's most important use, it refers to the social alienation of people from aspects of their human nature. - [Cooperatition](https://ethonomics.org/ethonomics-unpacked/four-key-ideas/cooperatition/) - On the economic overreach page we identified that economic ties reach beyond those of community that can supervise them. On the behaviour and structure page we identified that structural solutions to economic overreach are vital and overlooked. We now look at what structures in society need to be adjusted to encourage ethical outcomes. Cooperatition Cooperatition describes - [Economic underpinnings](https://ethonomics.org/ethonomics-unpacked/four-key-ideas/cooperatition/economic-underpinnings/) - When a business seeks to implement an ethical change then there will be some different types of economic impact that it will experience. In summary some key elements of these delineations include: • win-win versus win-lose (i.e. whether, at the same time as ethics ‘win’, financial considerations 'lose'); • within win-lose (which implies that consumers - [Ethonomics and Development](https://ethonomics.org/ethonomics-unpacked/impacts/ethonomics-and-development/) - How ethonomics is relevant to development Achieving ethical economics in developed countries would yield: • a better environmental and social impact on the developing world; and • an improved model for developing countries to aspire to. The developed world should also seek to exploit the profound socioeconomic and cultural differences between different societies, especially developed - [Contact](https://ethonomics.org/contact/) - Please email us using the form below: • for further information; • with questions or feedback; or • with suggestions for collaborative work. Your Name (required) Your Email (required) Subject Your Message Δ - [The state and its relationship to society](https://ethonomics.org/ethonomics-unpacked/impacts/the-state-and-its-relationship-to-society/) - Note that our solution (Peopletree) would not be restricted to national boundaries. Therefore it would: • transcend the nation-state - overcoming the problems caused by competition between regulatory regimes (eg countries having environmentally lax regulation in order to attract business); and • recast community relationships from a setting in which the nation-state is heavily dominant, - [Impacts](https://ethonomics.org/ethonomics-unpacked/impacts/) - Ethonomics entails an extension of the existing field of economics so that instead of: • simply focusing on concerns predominantly based on price; • it goes further, balancing financial concerns against ethical matters. In the same way that the meaning of 'economic' has come to mean 'optimising economic factors', 'ethonomic' would thereby mean an optimal - [Behaviour and structure](https://ethonomics.org/ethonomics-unpacked/four-key-ideas/behaviour-and-structure/) - On the economic overreach page we identified that economic ties reach beyond those of community that can supervise them. We now look at how we can address this. Behaviour and structure Certain events prompt us to look inside ourselves and try to shape the way we behave collectively in the economy. For example: • global economic crises; - [Peopletree](https://ethonomics.org/ethonomics-unpacked/our-solution/peopletree/) - Information about our solution, Peopletree, may be found on its dedicated website. - [Ethonomics unpacked](https://ethonomics.org/ethonomics-unpacked/) - Capitalism It is our fundamental belief that today economic activity (on the part of businesses, consumers, investors, states etc) focuses far too much on the financial bottom line at the expense of ethical considerations. Therefore for us capitalism most usefully describes the situation where people's decision-making behaviour in the economy and society is based narrowly - [About Ethonomics](https://ethonomics.org/about-ethonomics/) - The term ethonomics refers principally to the situation where ethical and economic (i.e. financial) concerns are appropriately balanced in context. Ethonomics represents an area encompassing economics but in which the terms of reference have been widened from: • considerations only of price (and also quality, range and service); • to also include ethical issues, appropriately weighted