Isn’t there more to life than economics?

Yes! Human social life is more than just about economics. Human beings are a social species and throughout history people have created social institutions in order to help meet their needs and desires. To be stable and effective a society must accomplish several functions. In addition to creating economic institutions to meet material needs and desires, people have organised community institutions for addressing our cultural and spiritual needs, gender or kinship systems for satisfying our sexual needs, family relations and organising our parental functions, and political systems for mediating conflicts and creating laws.

It is important to note that the economy forms only one aspect of society, and that privileged and disadvantaged groups and hierarchies can emerge from any area of social activity whenever the burdens and benefits of social cooperation are not distributed equitably.