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Integral Economics: Releasing the Economic Genius of Your Society

Ashgate Publishing, Nov 2010, Pages: 412


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Why on earth is economics perceived to come in only one or at best two different a-cultural if not a-moral guises? There are real, and many, alternatives to the economic mainstream. The trouble is, of course, that they are hidden from us. In Integral Economics Ronnie Lessem and Alexander Schieffer pave the way for a sustainable approach to economics, building on the richness of diverse economic approaches from all over the globe. They do so by introducing the most evolved economic perspectives and bringing them into creative dialogue to produce an integral, dynamically balanced approach. They argue that neither individual enterprises nor wider society will be transformed for the better without a new economic perspective. Here, they introduce a comprehensive framework based on the same 'Four Worlds' model that is applied to enterprise and research in their earlier works.

Given the richness of even mainstream economic theory reviewed in this book, let alone the variety of alternative approaches introduced, it is frustrating that policymakers and business practitioners are impoverished by a lack of apparent economic choice, between a seemingly failing capitalism and an already failed communism. The 'villains of the piece' in relation to this lack of choice are not so much the financial community and governments, though they do have much to answer, but the schools of economics and the business schools, that have created the very social ethos, the philosophical principles, and the mathematical models, that influence events.

Integral Economics, as a result, is partly addressed to academics and students in those very schools, who have either realized the error of their ways, or, less dramatically, are curious to explore whether our businesses and communities could be run in a different way. It will be welcomed by informed senior practitioners, eager to understand the current rethink of economic theory and practice and to discover how to position themselves, their organizations, and their society within a new framework.

About the Author:

Professor Ronnie Lessem is a graduate of Harvard Business School and the London School of Economics. He has been an adjunct professor at IMD, Lausanne and is now Director of the Trans-cultural Centre and programmes at the University of Buckingham, UK. Ronnie Lessem was the managing director of a clothing business in South Africa and he has acted as a consultant and adviser on organisational learning, knowledge creation and cross-cultural management to international companies such as the Anglian Water Group in the UK. He is currently working with Virgin Group companies. Professor Lessem has written over twenty books on subjects including organisational development, change and transformation.

Dr. Alexander Schieffer studied economics, business administration, law and social sciences at the University of St Gallen in Switzerland. He also gained a Doctorate in Leadership at St Gallen. Dr Schieffer is a member of the Society for Organisational Learning and the World Business Academy. He has published a variety of articles and books in the last ten years.

Both authors run doctoral programmes at Bethel University, USA , and Buckingham University, UK on Social and Economic Innovation, and are currently designing curricula for sustainable business and economics at Sekem's Heliopolis University in Egypt. They are co-founders of the Geneva-based TRANS4M Four World Center for Social Innovation. www.trans-4-m.com



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