A Dynamic Systems View of Economic and Political Theory
Abstract:Economic logic impinges on contemporary political theory through both economic reductionism and economic methodology applied to political decision–making (through game theory). The authors argue that the sort of models used are based on mechanistic and linear methodologies that have now been found wanting in physics. They further argue that complexity based self-organization methods are better suited to model the complexities of economy and polity and their interactions with the overall social system.
Document Type: Research Article
Publication date: August 1, 2007
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- Theoria is an engaged, multidisciplinary and peer-reviewed journal of social and political theory. Its purpose is to address, through scholarly debate, the many challenges posed to intellectual life by the major social, political and economic forces that shape the contemporary world. Thus it is principally concerned with questions such as how modern systems of power, processes of globalization and capitalist economic organization bear on matters such as justice, democracy and truth.
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