Beyond Business: The Transcendental View of Economics by Hazel Henderson

A New Economic Paradigm

In her groundbreaking book, "Beyond Business: The Transcendental View of Economics," Hazel Henderson presents a revolutionary new way of thinking about economics. She argues that the current economic system, based on the pursuit of profit and growth, is unsustainable and destructive to both people and the planet. She proposes a new economic paradigm, based on the principles of sustainability, cooperation, and compassion, that can create a more just and equitable world.

The Problems with the Current Economic System

Henderson begins by outlining the many problems with the current economic system. She shows how the pursuit of profit has led to environmental degradation, social inequality, and financial instability. She argues that the current system is based on a false dichotomy between the economy and the environment, and that we need to adopt a more holistic approach that takes into account the interconnectedness of all things.

The Transcendental View of Economics

Henderson's transcendental view of economics is based on the idea that the economy is a subsystem of a larger, interconnected web of life. She argues that we need to take into account the social, environmental, and spiritual dimensions of the economy, and that we need to develop economic policies that are in harmony with the natural world.

The Four Pillars of the Transcendental Economy

Henderson proposes four pillars of a transcendental economy:

1. Sustainability: The economy must be based on the principles of sustainability, which means that it must meet the needs of the present without compromising the ability of future generations to meet their own needs.
2. Cooperation: The economy must be based on cooperation rather than competition. We need to work together to create a more just and equitable world.
3. Compassion: The economy must be based on compassion for all living beings. We need to create an economic system that values people and the environment over profit.
4. Spirituality: The economy must be based on a spiritual foundation. We need to recognize that we are all connected to each other and to the natural world, and that we need to live in harmony with our surroundings.

The Benefits of a Transcendental Economy

Henderson argues that a transcendental economy would have many benefits, including:

• Environmental sustainability: A transcendental economy would be based on the principles of sustainability, which would help to protect the environment and ensure that future generations have access to the resources they need.
• Social justice: A transcendental economy would be based on cooperation and compassion, which would help to create a more just and equitable world.
• Economic stability: A transcendental economy would be more stable than the current economic system, which is prone to boom-and-bust cycles.
• Personal fulfillment: A transcendental economy would allow people to live more fulfilling lives, by valuing people and the environment over profit.

Conclusion

"Beyond Business: The Transcendental View of Economics" is a must-read for anyone who is interested in creating a more just, sustainable, and compassionate world. Henderson's groundbreaking book offers a new way of thinking about economics that can help us to build a better future for all.

Call to Action

If you are ready to learn more about the transcendental view of economics, I encourage you to read "Beyond Business: The Transcendental View of Economics" by Hazel Henderson. This book will change the way you think about economics, and it will inspire you to create a more just, sustainable, and compassionate world.