The Driving Force of the Collective
Produktnummer:
18250b693a77a04399b85bb1fd9dc9b644
Autor: | Nell, Guinevere Liberty |
---|---|
Themengebiete: | complex adaptive systems complexity theory culture democratic process evolutionary economics institutional economics market process market socialism methodological individualism social norms |
Veröffentlichungsdatum: | 02.12.2016 |
EAN: | 9781137473561 |
Sprache: | Englisch |
Seitenzahl: | 294 |
Produktart: | Gebunden |
Verlag: | Palgrave Macmillan US |
Untertitel: | Post-Austrian Theory in Response to Israel Kirzner |
Produktinformationen "The Driving Force of the Collective"
This book investigates why Austrian economists fail to apply the spontaneous order framework to cooperative relationships – such as a dynamic and evolving public sector – that might complement a thriving market. In direct response to Israel Kirzner's The Driving Force of the Market, Nell challenges traditional Austrian economics by proposing "democratic process theory" as a parallel to market process theory, highlighting the possibilities for an economic organization that harnesses the power of transparent and effective democracy. Keeping in mind the central problems experienced in socialist and capitalist countries due to self-interested political and economic actors, The Driving Force of the Collective highlights the public sector advantages of allowing culture and institutions to evolve endogenously as a spontaneous public sector order.

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