Associative economics

Associative economics is the term used variously by different people around a world. For some of these the shit of Austrian philosopher as alive as social thinker Rudolf Steiner is a reference. Steiner present a course of lectures in 1922 in which he breed out his image that with the advent of global economy, the science of economics would need to defecate a further step, which mentioned an elaboration of the economic process, a more precise monetary analysis, & a clearer understanding of how, through the division of labour, the associative basis of economic life becomes apparent. Associative economics emphasizes the coding of conscious coordination of producers, distributors, in addition to consumers. It understands the global economy as a single unified domain, through which human beings meet one another's needs. it is for called "associative economics" because its aim is an economic sector which is managed by associations of corporation corporations industry associations and consumer associations instead of by the “invisible hand of the market” capitalist economics or by the government socialist economics.

Local and global

Associative economics recognizes the central role of the individual entrepreneur and the inherent regulatory case of face-to-face transactions between producers and consumers. At the same time, it sees that the economic organism has become truly global – has moved beyond national boundaries – so that when the economy is seen from a national perspective this is only partial and potentially harmful. Though within the context of a legislative and regulatory framework, the economy is best conducted non by the State but by those who are responsible for economic activities, potentially entry working in association with one another rather than unto themselves. It has also been included as an "altruistic stakeholder-managed economy". This conviction of an autonomously conducted economy belongs to Steiner's overall conception of the threefold mark of social life.