Bernard Shaw e a construção da economia Fabiana
ABSTRACT In its origins, economic science was marked by an intense dialogue with other areas of knowledge. As it developed, however, the so-called “scientific” model of economics came to predominate, whose scope was characterised by a formalist methodological perspective, which restricted the audience for discussion in economics. To reach the majority of the population, economics had to adapt its methodological format, giving up its analytical refinement. The “popular” model of economics thus emerged. The aim of this article is to analyse a point of intersection between these two models in the economic formulations of the first generation of the Fabian Society, in particular, the contributions of George Bernard Shaw. Known mainly for his literary texts, Shaw also wrote the articles on economics in the influential book Fabian Essays in Socialism. The article is divided into three sections: an introduction; an exposition of Bernard Shaw’s formulations on economics in the Essays and a conclusion. The main conclusion of the paper is that, in seeking an intersection between the scientific and popular models of economics, Shaw ended up developing an eclectic formulation of economics, sometimes juxtaposing elements of both neoclassical and Marxist economics.
- Book Chapter
1
- 10.1108/s0743-41542018000036a004
- May 4, 2018
During the last decade or so, philosophers of science have shown increasing interest in scientific models and modeling. The primary impetus seems to have come from the philosophy of biology, but increasingly the philosophy of economics has been drawn into the discussion. This paper will focus on the particular subset of this literature that emphasizes the difference between a scientific model being explanatory and one that provides explanations of specific events. The main differences are in the structure of the models and the characteristics of the explanatory target. Traditionally, scientific explanations have been framed in terms of explaining particular events, but many scientific models have targets that are hypothetical patterns: “patterns of macroscopic behavior across systems that are heterogeneous at smaller scales” (Batterman & Rice, 2014, p. 349). The models with this characteristic are often highly idealized, and have complex and heterogeneous targets; such models are “central to a kind of modeling that is widely used in biology and economics” (Rohwer & Rice, 2013, p. 335). This paper has three main goals: (i) to discuss the literature on such models in the philosophy of biology, (ii) to show that certain economic phenomena possess the same degree of heterogeneity and complexity often encountered in biology (and thus, that hypothetical pattern explanations may be appropriate in certain areas of economics), and (iii) to demonstrate that Hayek’s arguments about “pattern predictions” and “explanations of the principle” are essentially arguments for the importance of this type of modeling in economics.
- Research Article
6
- 10.1353/bcs.2002.0013
- Jan 1, 2002
- Buddhist-Christian Studies
Contrary to the assertions of many contemporary economists, no economic model is value-free. Both of the major models in the world today, capitalism (or neoclassical economic theory) and Marxism (or Marxian economics), have a long history in which basic assumptions and value choices were made that govern the models. Those assumptions and value choices have deep roots in Western culture, and were certainly shaped by Christianity as it has been practiced in the West (as opposed, often, to how it should have been practiced!). But in both cases, alternative choices were possible, and, as we shall see, some opportunities were missed. However, it is not my purpose to attempt to determine to what extent Christianity can be blamed or credited with the economics we must live with today. Rather, I hope to examine economics from the perspective of my Christian faith to ask how the economic models so powerful today have missed (or worked against) crucial elements of Jewish and Christian standards of justice, and how they might be transformed to create economies that are healthier for human and natural communities, and ecologically sustainable. When Adam Smith published his Inquiry into the Nature and Causes of the Wealth ofNations in 1776, he was asking if there could be a better way to run economies than the entrenched mercantilism of his day, which operated through state monopolies to benefit an elite. He and many others in his time were frustrated with mercantilism and searching for alternatives. They never imagined that the ideas they wrote about would some day coalesce into what we now call capitalism, and succeed beyond their wildest dreams. They were just trying to make the system more open to more participation by a wider range of people. I believe that today we are in a similar situation. Capitalism has been wildly successful in its single goal: constant growth in the production of goods. From a Christian perspective, this is an ambiguous goal and in and of itself cannot be supported. In addition, capitalism also has serious negative effects on both communities and the natural environment that must be dealt with, and it has a built-in tendency to leave many people marginalized-not only unemployed and often unemployable within the capitalist market system, but even worse,
- Research Article
- 10.1287/opre.1100.0884
- Oct 1, 2010
- Operations Research
Contributors
- Book Chapter
- 10.4324/9781003178323-7
- Jun 18, 2021
Most revolutions against capitalism have occurred in ‘backward’ and Third World societies, and they have divided and disarrayed Marxisms in the West. One key reason, this paper argues, is intellectual. When, long ago, Marxists surrendered to the bourgeois challenge to Marx – neoclassical economics – developing, in place of Marx’s critical political economy, a ‘Marxist economics’, they lost touch with Marx’s analysis of capitalism as contradictory value production. That analysis could illuminate how capitalism’s contradictions drive its imperialist expansionism and how and why resistance to it must, equally necessarily, take national forms. As a result, major currents of Marxism in the West either have paid attention to imperialism and anti-imperialist resistance but without Marx’s analysis of capitalism as contradictory value production or have insisted that their (mistaken) conception of Marx’s analysis implies that capitalism has no necessary connection with imperialism. Neither tradition can actually develop Marxism to comprehend the actual historical record of revolutions since Marx’s time. Neither can inform new mobilisations against capitalism, whether in or outside its homelands. It is high time we return to Marx’s analysis of capitalism as value production and develop it.
- Research Article
8
- 10.1080/01436597.2020.1741346
- Apr 18, 2020
- Third World Quarterly
Most revolutions against capitalism have occurred in ‘backward’ and Third World societies, and they have divided and disarrayed Marxisms in the West. One key reason, this paper argues, is intellectual. When, long ago, Marxists surrendered to the bourgeois challenge to Marx – neoclassical economics – developing, in place of Marx’s critical political economy, a ‘Marxist economics’, they lost touch with Marx’s analysis of capitalism as contradictory value production. That analysis could illuminate how capitalism’s contradictions drive its imperialist expansionism and how and why resistance to it must, equally necessarily, take national forms. As a result, major currents of Marxism in the West either have paid attention to imperialism and anti-imperialist resistance but without Marx’s analysis of capitalism as contradictory value production or have insisted that their (mistaken) conception of Marx’s analysis implies that capitalism has no necessary connection with imperialism. Neither tradition can actually develop Marxism to comprehend the actual historical record of revolutions since Marx’s time. Neither can inform new mobilisations against capitalism, whether in or outside its homelands. It is high time we return to Marx’s analysis of capitalism as value production and develop it.
- Book Chapter
2
- 10.1016/b0-08-043076-7/02169-0
- Jan 1, 2001
- International Encyclopedia of Social & Behavioral Sciences
Family Theory: Feminist–Economist Critique
- Research Article
1
- 10.12737/2587-6295-2023-7-2-3-16
- Jul 31, 2023
- Journal of Political Research
The purpose of this work is the author's assessment of the measures taken by the authorities aimed at the formation of technological sovereignty as part of a new economic and political model of society. The article is based on the principles of system analysis, the methods of factor analysis and logical modeling are also used. Based on the theoretical and empirical studies conducted, it is shown that technological sovereignty is a relatively new category, the study of which should be carried out at the intersection of political and economic sciences. In economic terms, technological sovereignty is based on the ability of the state to create critical, promising technologies and organize production based on them. It is revealed that the formation of technological sovereignty requires state participation in the economy. In particular, in such areas as planning technological and industrial development, identifying priority areas of research and production and forming a list of critical technologies, financing priority areas and projects, creating institutional conditions for technological development, protecting national researchers and manufacturers, developing science and education, etc. The analysis showed that currently work has begun in the country in almost all these areas, but most often not actively enough. It is concluded that these aspects of state participation can be represented as elements of an emerging new economic model that strengthens the regulatory role of the state in the economy, while preserving the basic principles and niches for market relations.
- Research Article
- 10.1453/jel.v2i3.455
- Sep 18, 2015
Abstract. The book that consists of 240 pages including the bibliography and contains the following sections and chapters; The Foreword: This contains a few brief remarks regarding the philosophy of science and philosophy of economics. The remarks are, in principle, both relevant and appropriate in terms of the “general principles” with regard to science, the science of economics, the nature of science as well as the duties of a scientist. The author’s remarks underline that “neoclassical economics” which is widely acknowledged as the school that economics seems to represent, is, in fact, a more “ideological model” than a true scientific and realistic basis for economics and, in fact, favors the “dominant classes” in the society. Keywords. Economic growth, Economic development, Alternative growth models. JEL. F40, F43, O10, O20.
- Research Article
1
- 10.1177/0486613420967211
- Dec 22, 2020
- Review of Radical Political Economics
The Implications of the Triumph of Neoclassical Economics over Marxist Economics in China
- Book Chapter
- 10.1016/b978-0-444-70437-5.50013-1
- Jan 1, 1989
- History of Economic Theory
CHAPTER 6 - MARX'S ECONOMICS
- Research Article
3
- 10.5860/choice.45-2148
- Dec 1, 2007
- Choice Reviews Online
Presentation de l'editeur : Making World Development Work is about economic development and its relation to population, environment and resource issues in less affluent countries. These essays presented here criticize the way most large development projects are designed and conducted and are written by professionals from a broad range of disciplines involved in current development research. This book explains why overly simplistic economic models of development have led to many failures and unnecessary environmental destruction. The editors contend the preferred method of development is through a systematiic process that integrates the natural sciences with economics and one that is based on scientific method instead of ideology. Leclerc and Hall review the logical and methodological basis of neoclassical economics and its application to development. They provide a series of historical perspectives, including less developed countries that have improved successfully and others that have not been as successful. They complete the demonstration with a portfolio of current development research innovations in the social and economic sciences as well as in the natural sciences, including a new logical basis for economics called biophysical economics. Making World Development Work offers new ways to consider development including the limitations of cheap energy, environmental degradation, and human population growth as the fundamental issues for any economic model that can have any hope of working in the future
- Research Article
19
- 10.2307/1238890
- Nov 1, 1975
- American Journal of Agricultural Economics
American Journal of Agricultural EconomicsVolume 57, Issue 4 p. 701-704 Note Natural Resources and Agriculture under Capitalism: Marx's Economic Model Michael Perelman, Michael Perelman assistant professor of economics California State University-ChicoSearch for more papers by this author Michael Perelman, Michael Perelman assistant professor of economics California State University-ChicoSearch for more papers by this author First published: 01 November 1975 https://doi.org/10.2307/1238890Citations: 13AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinkedInRedditWechat Citing Literature Volume57, Issue4November 1975Pages 701-704 RelatedInformation
- Book Chapter
2
- 10.1007/978-1-349-01806-2_4
- Jan 1, 1972
Probably only a few readers were troubled by the fact that something called “economics” was discussed in Part I without any mention of Marxism. Particularly for a British or American reader, this is perfectly natural usage. But Marxism has been around for as long as neoclassical economics; in fact, Marx published major works before either Marshall or Walras. With the years Marxism has not declined but grown in the number of its adherents, and also in the number of people who call themselves both economists and Marxists and who are products of professional programs of Marxist economic education. Marxist economists do talk and write about the economy. So the question arises as to the connections between the last section’s topic and Marxist economics. Given the prevalent attitudes toward Marxism among neoclassical economists, the first order of business will be to appraise the extent to which Marxist economics can make good on its claim to being scientific. Is Marxist economics a science in Kuhn’s sense?KeywordsCapitalist SocietySocialist CountryNeoclassical EconomicClass ConflictInvisible CollegeThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
- Research Article
3
- 10.1080/01944366908977824
- Jan 1, 1969
- Journal of the American Institute of Planners
Economic growth models have been extensively used by planners studying the urban environment. Urban economies change, and these changes must be studied, evaluated, and for many purposes, forecasted. The economic model most frequently used—economic base—focuses on demand elements. Supply factors, though not ignored, have been less thoroughly studied, and little effort has been made to include them in formal models, yet technological change and its impact on urban economic structures and interurban locational elements has made the study of demand factors alone an in-sufficient basis for the analysis of long-term growth in the urban economy. It is argued that the time has come for urban model builders to change their emphasis when the focus is on urban economic growth. Some aspects of the problems involved when attempts are made to fit supply factors into these analytic structures are discussed.
- Conference Article
1
- 10.2118/218487-ms
- Apr 22, 2024
It was observed that numerous simplifications are still used in the oil and gas industry when making decisions, which can lead to erroneous decisions in complex design situations. The objective of the study is to enhance the decision-making process for one of the key design factors for water-flooding projects, namely pattern size, by using a simulation-economic-simulation approach. With the help of this approach, the best injection pattern size is chosen for use in the water-flooding design. Four reservoir simulation models of various water-flooding pattern sizes were updated with the wells, and reservoir characterization was run to obtain the production profile. Second, four economic models based on the production profiles from the dynamic models have been built to assist in decision-making for the four water-flooding pattern sizes. Thirdly, the economic model has been combined with a probabilistic simulation model based on an appropriate representation of all uncertain economic and development cost data for the four models. The optimal pattern size is then chosen using quantitative and objective analysis of all the water-flooding models to make decisions based on the economic indicators. The results from the four economic decision-making models showed that the method is suitable for use in a complex application, such as designing a water-flooding project with various pattern sizes. The Government (first party, FP) NPV and International Company (second party, SP) NPV and IRR for pattern sizes 160 acre, 260 acre, 360 acre, and 460 acres are estimated to be 4364 $MM, 109 $MM, 17%, and 3993 $MM, 400 $MM, 23.89, and 3534 $MM, 444 $MM, 26.34%, and 2910 $MM, 350 $MM, 24.89, respectively. The economic models of decision-making output are shown in Table 1. The best design of the pattern size has been selected based on the intersection point between the two curves of the NPV that gave the best profit for both parties. This work describes a new methodology for an integrated reservoir simulation, economic decision-making, and stochastic simulation model for achieving the optimum design. The proposed methodology, simulation-economic-simulation, is efficient and compatible with real-time operations, even in complex cases where the design is restrictive. This paper will learn how simulation insights help companies optimize their designs and systems, identify new innovations, and drive sustainable operations.
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