THE IMPORTANCE OF HUMAN ECONOMY IN THE WORLD

Abstract

World society has been formed as a single interactive network in our time. Universal means of communication are now available to give expression to universal ideas. This essay explores the role of markets and money in the human economy. They are intrinsic to the extension of society from the local to a global level. By calling the economy human we put people first, making their thoughts, actions and lives our main concern. ‘Humanity’ is a moral quality of kindness and, since theoretical abstraction is impersonal, economic anthropology should pay attention to the personal realm of experience.