Economic Theory and Social Change

Economic Theory and Social Change PDF Author: Hasse Ekstedt
Publisher: Routledge
ISBN: 1136948821
Category : Business & Economics
Languages : en
Pages : 325

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Book Description
This book is a discourse on modelling Man in a social context. Its focus is on economic main-stream theory in its capacity to handle basic problems such as uncertainty, social dynamics and ethics. The point of departure is a systematic critique of the specific methodology of economics and its axiomatic structure. The ultimate aim is to develop an economic theory for a socially sustainable society. Economic Theory and Social Change analyses the foundation of economic market theory in relation to its social implications. On rejecting the axiomatic structure of the market theory Hasse Ekstedt and Angelo Fusari analyse the concept of growth and uncertainty with respect to a more realistic modelling of man, The book also addresses central political problems and their potential solutions, including permanent unemployment, distribution of income, the interaction of real and financial growth, money and the credit system. In seeking objective values to help to obtain a socially sustainable society, the book traces a tentative revision of economic and social thought based on a deepening of some crucial features of modern economies and societies. These features include innovation, the connected flows of uncertainty, entrepreneurship, and their role in fuelling and characterizing economic growth and development. This book will be of interest to postgraduate students and researchers of Economics, particularly to those focussing on Economic Theory and Political Economy.

Economic Theory and Social Change

Economic Theory and Social Change PDF Author: Hasse Ekstedt
Publisher: Routledge
ISBN: 1136948821
Category : Business & Economics
Languages : en
Pages : 325

Get Book

Book Description
This book is a discourse on modelling Man in a social context. Its focus is on economic main-stream theory in its capacity to handle basic problems such as uncertainty, social dynamics and ethics. The point of departure is a systematic critique of the specific methodology of economics and its axiomatic structure. The ultimate aim is to develop an economic theory for a socially sustainable society. Economic Theory and Social Change analyses the foundation of economic market theory in relation to its social implications. On rejecting the axiomatic structure of the market theory Hasse Ekstedt and Angelo Fusari analyse the concept of growth and uncertainty with respect to a more realistic modelling of man, The book also addresses central political problems and their potential solutions, including permanent unemployment, distribution of income, the interaction of real and financial growth, money and the credit system. In seeking objective values to help to obtain a socially sustainable society, the book traces a tentative revision of economic and social thought based on a deepening of some crucial features of modern economies and societies. These features include innovation, the connected flows of uncertainty, entrepreneurship, and their role in fuelling and characterizing economic growth and development. This book will be of interest to postgraduate students and researchers of Economics, particularly to those focussing on Economic Theory and Political Economy.

Consequences of Social Transformation for Economic Theory

Consequences of Social Transformation for Economic Theory PDF Author: Vikas Kumar
Publisher: Springer Nature
ISBN: 3031277856
Category : Business & Economics
Languages : en
Pages : 299

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Book Description
This book presents selected papers of the Euro-Asian Symposium on Economic Theory, held by the Institute of Economics of the Ural Branch of the Russian Academy of Sciences (Ekaterinburg, Russia) on June 29-30, 2022. The conference aims to promote research and develop effective solutions to urgent challenges in economic theory in the context of stability and uncertainty. The main theme of the 2022 Conference is the "Viability of Economic Theories". The chaos of the modern world forces us to rethink many theoretical positions. Researchers are trying to overcome the contradictions between theory and empiricism through new models, mechanisms and approaches. The challenges of recent social change have led to an adjustment in the perception, interpretation, and use of many concepts, necessitating an updating of these terms. The problems and contradictions identified in the studies will help to reconcile theoretical approaches with practice. The volume covers topics such as sustainable development issues, economic shocks in the history of economic thought, modern economic concepts of identity, theory of organizations under uncertainty, review of economic theories with the "Corona crisis," models of consumer behavior, business cycles, theory of investment, issues of economic growth and market equilibrium, impact of social factors on the sustainability of the economy, etc. Moveover, the volume presents new solutions for the synthesis of mainstream and political economy ideas. These topics will be of great interest to academics, researchers and practitioners.

Economic Theory and Social Change

Economic Theory and Social Change PDF Author: Hasse Ekstedt
Publisher: Routledge
ISBN: 1136948813
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
This book is a discourse on modelling Man in a social context. Its focus is on economic main-stream theory in its capacity to handle basic problems such as uncertainty, social dynamics and ethics. The point of departure is a systematic critique of the specific methodology of economics and its axiomatic structure. The ultimate aim is to develop an economic theory for a socially sustainable society. Economic Theory and Social Change analyses the foundation of economic market theory in relation to its social implications. On rejecting the axiomatic structure of the market theory Hasse Ekstedt and Angelo Fusari analyse the concept of growth and uncertainty with respect to a more realistic modelling of man, The book also addresses central political problems and their potential solutions, including permanent unemployment, distribution of income, the interaction of real and financial growth, money and the credit system. In seeking objective values to help to obtain a socially sustainable society, the book traces a tentative revision of economic and social thought based on a deepening of some crucial features of modern economies and societies. These features include innovation, the connected flows of uncertainty, entrepreneurship, and their role in fuelling and characterizing economic growth and development. This book will be of interest to postgraduate students and researchers of Economics, particularly to those focussing on Economic Theory and Political Economy.

An Evolutionary Theory of Economic Change

An Evolutionary Theory of Economic Change PDF Author: Richard R. Nelson
Publisher: Harvard University Press
ISBN: 9780674041431
Category : Business & Economics
Languages : en
Pages : 456

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Book Description
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.

Perspectives on Activity Theory

Perspectives on Activity Theory PDF Author: Yrjö Engeström
Publisher: Cambridge University Press
ISBN: 9780521437301
Category : Psychology
Languages : en
Pages : 484

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Book Description
An international, interdisciplinary overview of research on activity theory, first published in 1999.

Indicators of Social Change

Indicators of Social Change PDF Author: Eleanor Bernert Sheldon
Publisher: Russell Sage Foundation
ISBN: 1610446917
Category : Social Science
Languages : en
Pages : 833

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Book Description
Includes many original contributions by an assembly of distinguished social scientists. They set forth the main features of a changing American society: how its organization for accomplishing major social change has evolved, and how its benefits and deficits are distributed among the various parts of the population. Theoretical developments in the social sciences and the vast impact of current events have contributed to a resurgence of interest in social change; in its causes, measurement, and possible prediction. These essays analyze what we know, and examine what we need to know in the study, prediction, and possible control of social change.

A Unified Theory of Collective Action and Social Change

A Unified Theory of Collective Action and Social Change PDF Author: Luis Medina
Publisher: University of Michigan Press
ISBN: 9780472024452
Category : Business & Economics
Languages : en
Pages : 308

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Book Description
The notion that groups form and act in ways that respond to objective, external costs and benefits has long been the key to accounting for social change processes driven by collective action. Yet this same notion seems to fall apart when we try to explain how collectivities emerge out of the choices of individuals. This book overcomes that dilemma by offering an analysis of collective action that, while rooted in individual decision making, also brings out the way in which objective costs and benefits can impede or foster social coordination. The resulting approach enables us to address the causes and consequences of collective action with the help of the tools of modern economic theory. To illustrate this, the book applies the tools it develops to the study of specific collective action problems such as clientelism, focusing on its connections with economic development and political redistribution; and wage bargaining, showing its economic determinants and its relevance for the political economy of the welfare state. "Medina's study is a great step forward in the analytics of collective action. He shows the inadequacies of currently standard models and shows that straightforward revisions reconcile rational-choice and structural viewpoints. It will influence all future work." -Kenneth Arrow, Stanford University "Olson, Schelling, and now Medina. A Unified Theory deepens our understanding of collective action and contributes to the foundations of our field. A major work." -Robert H. Bates, Harvard University "Medina thinks that the main problem of social action is not whether or not to cooperate but how to do it. To this end he has produced an imaginative approach to analyzing strategic coordination problems that produces plausible predictions in a range of circumstances." -John Ferejohn, Stanford University Luis Fernando Medina is Associate Professor in the Department of Politics at the University of Virginia.

Communication Technology and Social Change

Communication Technology and Social Change PDF Author: Carolyn A. Lin
Publisher: Routledge
ISBN: 113525124X
Category : Technology & Engineering
Languages : en
Pages : 348

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Book Description
Communication Technology and Social Change is a distinctive collection that provides current theoretical, empirical, and legal analyses for a broader understanding of the dynamic influences of communication technology on social change. With a distinguished panel of contributors, the volume presents a systematic discussion of the role communication technology plays in shaping social, political, and economic influences in society within specific domains and settings. Its integrated focus expands and complements the scope of existing literature on this subject. Each chapter is organized around a specific structure, covering: *Background—offering an introduction of relevant communication technology that outlines its technical capabilities, diffusion, and uses; *Theory—featuring a discussion of relevant theories used to study the social impacts of the communication technology in question; *Empirical Findings—providing an analysis of recent academic and relevant practical work that explains the impact of the communication technology on social change; and *Social Change Implications—proposing a summary of the real world implications for social change that stems from synthesizing the relevant theories and empirical findings presented throughout the book. Communication Technology and Social Change will serve scholars, researchers, upper-division undergraduate students, and graduate students examining the relationship between communication and technology and its implications for society.

From Modernization to Globalization

From Modernization to Globalization PDF Author: J. Timmons Roberts
Publisher: Wiley-Blackwell
ISBN: 9780631210979
Category : Political Science
Languages : en
Pages : 404

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Book Description
From Modernization to Globalization is a reference for scholars, students and development practitioners on the issues of processes of social change and development in the "Third World". It provides carefully excerpted samples from both classic and up-to-date writings in the development literature, short, insightful introductions to each section and a general introduction.

Institutions, Institutional Change and Economic Performance

Institutions, Institutional Change and Economic Performance PDF Author: Douglass C. North
Publisher: Cambridge University Press
ISBN: 9780521397346
Category : Political Science
Languages : en
Pages : 164

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Book Description
An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.