Evolution, Economics, Social Darwinism.

Hitherto, the closest that Evolutionism has come to influencing Economic Theory has been what is sometimes called 'Social Darwinism', in which the Invisible Hand is aligned with the 'survival of the fittest' principle. Now, while neither Smith nor Darwin might approve of this hybrid, it is not inconsistent with either of their premises. For, any Economic outcome can be attributed to the Invisible Hand, and Profit can be interpreted as an indication of superior Fitness. In contrast, two modifications of classical Darwinism yields the fundaments of a different Economic model: 1. Re-conceiving Evolution as, not a means to survival, but as an end-in-itself; and, 2. Recognizing Humanity as itself as a transitional stage in the origination of a higher species, one in which, e. g. as Nietzsche sometimes proposes,is synthesized all the positive characteristics of the human race. On the basis of that concept, the aim of an Evolutionary Economic system is to promote the well-being of all members, with respect to which a Social Darwinist collective is considerably less fit.