Communion and the New Words in Economics: A Book Review

In his book, Communion and the New Words in Economics, Luigino Bruni argues that the current economic system is based on a flawed understanding of human nature. He proposes a new economic model based on the principles of communion and reciprocity, which he believes will lead to a more just and sustainable society.

A New Understanding of Human Nature

Bruni begins by arguing that the current economic system is based on the assumption that humans are rational, self-interested individuals. This assumption, he argues, is simply not true. In reality, humans are social beings who are motivated by a desire for connection and community.

Bruni draws on the work of sociologists and psychologists to show that humans are hardwired for cooperation and altruism. We are more likely to be happy and successful when we are part of a community and when we are working towards common goals.

The Flaws of the Current Economic System

The current economic system, Bruni argues, is based on the principles of competition and individualism. This system has led to a number of problems, including:

• Inequality: The current economic system has led to a widening gap between the rich and the poor. This inequality is not only unjust, but it is also economically inefficient.
• Environmental destruction: The current economic system is based on the exploitation of natural resources. This exploitation has led to environmental degradation and climate change.
• Social isolation: The current economic system has led to a decline in social capital. This decline has made it more difficult for people to build strong relationships and communities.

A New Economic Model

Bruni proposes a new economic model based on the principles of communion and reciprocity. This model would be based on the following principles:

• Cooperation: The new economic model would encourage cooperation between individuals and businesses. This cooperation would be based on the recognition that we are all interdependent and that we can achieve more together than we can apart.
• Altruism: The new economic model would encourage altruism, or the desire to help others. This altruism would be based on the recognition that we are all part of a larger community and that we have a responsibility to help those in need.
• Sustainability: The new economic model would be based on the principles of sustainability. This sustainability would be based on the recognition that we need to protect the environment for future generations.

Bruni believes that this new economic model would lead to a more just, sustainable, and prosperous society. He argues that it is time for us to move beyond the old economic model and embrace a new model that is based on the true nature of human beings.

Conclusion

Communion and the New Words in Economics is a powerful and persuasive book that makes a strong case for a new economic model. Bruni's book is a must-read for anyone who is interested in creating a more just and sustainable world.

Why You Should Buy This Book

If you are looking for a book that will challenge your thinking about economics, then I highly recommend Communion and the New Words in Economics. Bruni's book is a well-researched and thought-provoking work that offers a new perspective on the economy. I believe that this book has the potential to change the way we think about economics and the way we live our lives.