Indian Journal of Economics and Development

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The current Economics has failed to effectively solve the problems of the human society. An increasing gap between rich and the poor and the usurping of the fruits of development by a few people and countries, bears adequate testimony. The natural ecosystems are being exploited unsustainably and the current consumption of natural resources is exceeding the carrying capacity of the earth. It is time that a human centred and value based economic system is in place so that people are assured of the basic material needs and a dignified life. For this there have to be humanistic interventions by the State. With humanistic regulations of the market, sustainable ecosystems and sustainable societies may exist side by side.

Keywords

Dual Self, Hierarchy of Needs, Humanistic Psychology, Humanistic Economics, Sustainable Society
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