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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.
List of contents
Preface
General IntroductionScarcity: The Central Focus of All Human Action and Endeavor
Human Responses and PredicamentsDealing 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 PerspectivesHuman Factor Perspectives on Failing Social Institutions and Systems
The Human Factor Concept of Global Development
Achieving Global Development through Human Factor Engineering
References
Index
About the author
Senyo B-S. K. Adjibolosoo
