{"id":95611,"date":"2023-04-19T11:38:11","date_gmt":"2023-04-19T10:38:11","guid":{"rendered":"https:\/\/www.fondazionepirelli.org\/uncategorized\/leconomia-della-mutua-assistenza\/"},"modified":"2023-04-21T15:24:03","modified_gmt":"2023-04-21T14:24:03","slug":"an-economy-based-on-mutual-assistance","status":"publish","type":"post","link":"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/an-economy-based-on-mutual-assistance\/","title":{"rendered":"An economy based on mutual assistance"},"content":{"rendered":"

The reissue of a classic of economic theory provides the chance to review market and production<\/em><\/p>\n

\u00a0<\/em><\/p>\n

The market as the expression of \u201cmutual assistance\u201d in meeting \u201creciprocal needs\u201d, with business transactions seen as relationships rather than conflicts and \u201cpublic happiness\u201d as the end goal of a (good) economy. An economy attentive to people is, basically, a civil economy. Current themes that we find \u2013 and rediscover \u2013 in an economic debate from a few centuries ago, written by eminent forerunner Antonio Genovesi, whose Lezioni di economia civile (Lessons in civil economy) have recently been reissued.<\/p>\n

Genovesi, an eclectic philosopher from Naples,\u00a0can rightly be considered one of the founders of modern economics. Forgotten by too many and for too long, Genovesi was the first, in Europe, to hold a professorship in economics (established in Naples in 1754) and his lessons have shaped this work (so much so that it is subdivided into two parts, i.e. first and second semesters).<\/p>\n

The economy is thus scrutinised and explained from a viewpoint similar, but not exactly alike, to that of pre-eminently classic economic thought such as that of Adam Smith, who wrote his The wealth of nations around the same time. The similarity lies in Genovesi sharing with Smith the same critical views of the feudal world and the conviction that the market should contribute to building a freer and more egalitarian world. Their opinions, however, differ in that while the Scottish thinker holds a pessimistic view of humanity, which he saw as moulded by individual self-interest (the common good as entrusted to the market’s \u201cinvisible hand\u201d), the Neapolitan scholar was persuaded that an individual is determined by the balance of two forces: self-interest and social support \u2013 in essence, Genovesi believed that an individual is shaped by relationships conducive to reciprocity. In other words, Smith only saw the selfish side of humanity while Genovesi saw its relational one.<\/p>\n

Lessons are based on this premise, and deal not only with market, exchanges, profits, prices and much more, but also expand to include civil life, its rules, its civil virtues, up to the definition of \u201dcommon goods\u201d as the foundation of society, and something for which the economy must strive.<\/p>\n

The reissue of Lessons, which includes a comprehensive essay by Luigino Bruni and Stefano Zamagni, allows us to appreciate, in our own era, an economic vision conceived in the 18th century yet even more relevant today. In the first pages, Genovesi writes how \u201cin an educated and polite society, studies in civil economics are useful to all social classes\u201d.<\/strong> Genovesi’s work is superb, a book to be read and reread knowing that we can all learn from him, which is indeed a great opportunity.<\/p>

Lezioni di economia civile (Lessons in civil economy)<\/strong><\/p>\n

Antonio Genovesi<\/em><\/p>\n

Vita e Pensiero, 2023<\/p>\n","protected":false},"excerpt":{"rendered":"

The reissue of a classic of economic theory provides the chance to review market and production \u00a0 The market as the expression of \u201cmutual assistance\u201d in meeting \u201creciprocal needs\u201d, with business transactions seen as relationships rather than conflicts and \u201cpublic happiness\u201d as the end goal of a (good) economy. An economy attentive to people is, […]<\/p>\n","protected":false},"author":9,"featured_media":95531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,56],"tags":[],"class_list":["post-95611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-book-reviews","category-corporate-culture"],"acf":[],"yoast_head":"\nAn economy based on mutual assistance - Fondazione Pirelli<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fondazionepirelli.org\/en\/corporate-culture\/an-economy-based-on-mutual-assistance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An economy based on mutual assistance - Fondazione Pirelli\" \/>\n<meta property=\"og:description\" content=\"The reissue of a classic of economic theory provides the chance to review market and production \u00a0 The market as the expression of \u201cmutual assistance\u201d in meeting \u201creciprocal needs\u201d, with business transactions seen as relationships rather than conflicts and \u201cpublic happiness\u201d as the end goal of a (good) economy. 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