Synopses & Reviews
Scarcity is the basic economic problem confronting all humanity, and humanity has struggled for centuries to overcome it. Yet, despite new ideas and new technology, little has been achieved in dealing with scarcity. Moreover, despite successes in conquering space and in developing technological innovations, humanity has failed to deal successfully with social, economic, environmental, political, and educational problems. This book analyzes these successes and failures and argues that the root of developmental problems lies in continuing human factor decay and underdevelopment. For successful economic development, every country must focus on human factor development.
Traditional books on economic development focus on items like investment, human capital acquisition, population control, foreign aid and technical assistance, international trade, and technology transfer. This book argues that the integrating core of every development program is human factor development. In the presence of human factor decay, no nation can develop, even when the necessary resources are made available.
Review
This book presents a refreshing view on economic history from the perspective of dealing with the problem of scarcity, and shows the importance of the human factor (HF) in all aspects of economic life. It is informative reading about working societies for the non-economist as well as the economist and development specialist....The book is very readable and informative. It is of significant interest to people of all disciplines, especially those interested in understanding economic development. It would be suitable as a university class textbook as well as significant reading for researchers and policy makers in corporations, government, institustions,and in non-geovernment organizations.Harold J. Harder Faculty of Business and Economics Trinity Western Univerisity
Synopsis
Scarcity is the basic economic problem confronting all humanity, and humanity has struggled for centuries to overcome it. Yet, despite new ideas and new technology, little has been achieved in dealing with scarcity. Moreover, despite successes in conquering space and in developing technological innovations, humanity has failed to deal successfully with social, economic, environmental, political, and educational problems. This book analyzes these successes and failures and argues that the root of developmental problems lies in continuing human factor decay and underdevelopment. For successful economic development, every country must focus on human factor development. Traditional books on economic development focus on items like investment, human capital acquisition, population control, foreign aid and technical assistance, international trade, and technology transfer. This book argues that the integrating core of every development program is human factor development. In the presence of human factor decay, no nation can develop, even when the necessary resources are made available.
Synopsis
Analyzing global successes and failures, this work argues for the centrality of human factor development to sustainable economic development.
Description
Includes bibliographical references (p. [219]-229) and index.
About the Author
SENYO B. S. K. ADJIBOLOSOO is Professor of Business and Economics at Trinity Western University.
Table of Contents
Preface
General Introduction
Scarcity: The Central Focus of All Human Action and Endeavor
Human Responses and Predicaments
Dealing with Scarcity: The Evolution of Ideologies of Social Order and Political Economy of Development
Conquering Scarcity the Capitalist Way: Models and Theories of Economic Growth and Development
Confronting Scarcity the Socialist Way: The Birth of Command Economic Systems and the Future of Capitalism
The Capitalist Response: New Strategies and Programs for Growth and Development
Further Human Attempts at Social Engineering and Global Development
The Evolving Electronically Wired Global Village: Its Development and Implications
The Human Plight and Predicament: Needs and Crises That Linger
Human Factor Perspectives
Human Factor Perspectives on Failing Social Institutions and Systems
The Human Factor Concept of Global Development
Achieving Global Development through Human Factor Engineering
References
Index