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287 pages, Kindle Edition
Published September 14, 2017
At the heart of Ely’s economic arguments lay his understanding of social solidarity… He wrote… “Social solidarity means that our true welfare is not an individual matter purely, but likewise a social welfare… we thrive only in a commonwealth; our exaltation is the exaltation of our fellows, their elevation is our enlargement.”
Wealth is made in the interest of the commons. The economy is understood as anything but morally neutral. Six fundamental social values are held at the center of one’s economic activities—reciprocity, cooperation/collaboration, interdependence, accountability to the commons, sustainability, and the inclusion of diverse peoples and experiences.