Imagine a world where economic systems prioritise fairness, resource sustainability, and the well-being of all individuals. Sounds utopian, right? But this vision wasn’t just a dream for Walras; it was a carefully constructed framework grounded in rigorous thought and a strong belief in a harmonious society. His ideas challenged laissez-faire capitalism and promoted the ethical management of resources and labour. He also embraced a harmonious balance between individual freedoms and collective responsibilities. To make a long story short, we want to uncover how Walras’s 19th-century theories resonate deeply with our contemporary efforts in social work management.

Reference:

Walras, L. (2010). Studies in social economics. Routledge. https://doi.org/10.4324/9780203852309

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