Humankind is ensconced within an instinctual will and an ameliorating reason of spirituality. Economics, which is not the only concern of the human being, is directly involved with the clamour of instinctual behavior.
As a man has hunger which he sates, or sex which he sates, or the passions and desires of his place in time and space he is in all cases enslaved to these passions or impulses to action without cognitive reason. This is the world of the animal to which man can and does succumb in a decadent welter.
The only way for the individual man to come forth in strength of activity in this realm is to bring living and vital thinking to the fore in order to ameliorate this fall into crasis.
As an example , in our age it has become more difficult for the individual to eat on a regular basis and so he nourishes himself hither and thither and succumbs to the impulse of hunger in a haphazard style, thus living within his instincts (they are spiritual too) which control him and negate his freedom.
His solution ? He plans his nourishment within a regularity which is planned by him and thus comes the planned meals of 7,12,6, ....By planning his nourishment and of course following though he gains strength, a strength of living, through his reasoned and thoughtful powers. this is a picture of the individual.
He has brought fort a spiritual activity (thinking and thoughts) to his life in a creative manifestation.
First off; there is no "heaven on earth" for we are not beings of the earth but cosmic beings who, in these times, are beginning to return to our home and this is accomplished through vitalized thinking, or giving warmth to the individual thoughts of man.
And so, in economics, so long as we contend over who gets what or who to attack for more of the earth or whatever the classifications of the social scientist melds into our thought processes we are only continuing our instinctual activity and as mentioned , in this case obliquely, we enter into the realm of decadence and degeneration of humankind.
The USA is the apotheosis of the economic man and in this is our work to abridge the difficulties of the instinctual economic stylus. This will hurt some, but the idea of competition must balanced by cooperation. The individual man cannot project his own particular economic life but only through cooperation will this be accomplished for the men of the economic.
The ancient Egyptians had silos of grain for lean years and so should the economic mavens begin to bring this life (instincts) under a reasoned management of planning for the fruitful and lean years of individual men.
Economic planning is paramount but not the planning of the "winner" and "loser" but that planning that comes about through associations of men, involved in various aspects of economic life (automobiles,power, foodstuffs, etc...) who can bring forth a reasoned and ameliorating aspect to the human soul.
This does not negate the ability of the individual man to start his business and it certainly doesn't mean that all powers are given to the associations vis a vis man in a autocratic state of behavior. the economic realm falls to dyscrasia without the ability of the individual to initiate his own particular economic enterprise.
But economics is only one aspect of the realm of the human being as the legal aspect is changed into the instilling of the progress of the individual man which means this aspect of life insures that the impediments to progress of the "individual" is overcome .
The third aspect is the cultural or science, education, religion, medicine or all that to which man reaches beyond the earth as a spirit/soul being.
the three realms economic, legal, cultural in progress are divorced from each other although men can certainly obtain education and become involved in the economic aspect of life.
Our present times has the economic pervading the cultural and certainly the legal attempting to blanket the other realms to which they have no knowledge or comprehension.
It goes on and on....