The Economy of Economics. For an Axiological Reflexive Reform

Like most mature specialized and technicized (i.e. decontextualized, autonomized, reductionist and positioned) sciences, Economics has acquired a metaphysical aura of a keeper and preacher of objective, absolute and invariable truths about human actions and incentives. The resulting "epistemological blindness" conceals the inconsistence of rudimentary explanation of the development and evolution of human race and the obvious misrepresentation of human nature. The entire history proves that human actions are grounded in anything other but simple economic selfish interests. The self-controlled and self-restrained conduct necessary for long term perspective of large masses of people, the abominable genocide wars, the magnificent world wonders, could be only the creations of thymotic beings nurtured by coordination and cooperation. In a century under the auspices of ecological disaster, economic shortages and global wars, Economics could not shun the political problems of social distribution and social justice if it any worth at all. A reform for explicit incorporation and employment of political values and goals, a necessary scientific revolution, is mandatory for the progress of economic science. (C) 2014 The Authors. Published by Elsevier Ltd.