There is a growing argument that economics can no longer provide any guiding schema for solving current management problems. Economic assumptions even destroy good and socially responsible management practice. In this paper, we analyze two reasons why standard economics can indeed be bad for managerial and political practice. One is the negative influence of wrong assumptions in economic theory...

One of the more remarkable but unobserved occurrences invariably effaced by area studies is the obvious fact that the peoples of the world outside of Euro-America have been forced to live lives comparatively by virtue of experiencing some form of colonization or subjection enforced by the specter of imperialism. This experience of living comparatively inevitably disclosed the instrumentalizing ...