Macroeconomics and Ethics: A Critical Inquiry

By Ghosh Ambar

The book presents mainstream macroeconomics in an easy-to-understand way, and elucidates why its explanations of the major macroeconomic phenomena may be unsatisfactory and incomplete. It also argues that mainstream macroeconomics seeks the perpetuation of our present poverty-ridden, highly unequal, violent and - therefore - unethical capitalist countries. Macroeconomics and Ethics is inspired by Lenin's vision of democracy in capitalist countries, Marx and Engel's concept of communism, and the fundamental precept of Marx and Engels' theory of historical materialism that economics shapes politics. The book develops alternative, plausible explanations of the macroeconomic phenomena of capitalist countries, and explains why mainstream macroeconomics is unethical. It is a serious read for senior undergraduate and graduate students of economics and for professional economists.

• Format: Hardcover
• Language: English
• ISBN: 1837113793
• ISBN13: 9781837113798
• Release Date: July 2025
• Publisher: Ethics International Press, Inc
• Length: 295 Pages