What’s Alive for Economics?
Economics appears to be concerned by life as long as life is concerned by productivity. One can remark that the human body is an economic object since it produces wealth and value. For Marginalists, values are rooted in the body, because bodies command basic needs, and men value objects according to their needs. For the Classical school, as with Smith, Ricardo, or Marx, value is grounded in human labor, that is to say its energy expenditure, physically exploited in the mechanization of industrial process. On the contrary, Earth, for Physiocrats, is the main source of wealth as it provides the raw material of all commodities. This historical view reveals the materialist DNA of economics. In terms of ...
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