How to transform economics? A philosophical appraisal

Ten years after the global financial crisis there is hardly any evidence that the theories, teaching and policies of mainstream economics have changed. This paper is an attempt to contribute to the greater understanding of this persistence, but also to the discussion on what the requirements are to...

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Autor principal: Deniz Kellecioglu
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Publicado: Editura ASE Bucuresti 2017
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Acceso en línea:https://doaj.org/article/0aeeabcd186a422ca8ec78aa9f15f704
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spelling oai:doaj.org-article:0aeeabcd186a422ca8ec78aa9f15f7042021-12-02T04:23:36ZHow to transform economics? A philosophical appraisal1843-22981844-8208https://doaj.org/article/0aeeabcd186a422ca8ec78aa9f15f7042017-11-01T00:00:00Z https://jpe.ro/pdf.php?id=7954 https://doaj.org/toc/1843-2298https://doaj.org/toc/1844-8208Ten years after the global financial crisis there is hardly any evidence that the theories, teaching and policies of mainstream economics have changed. This paper is an attempt to contribute to the greater understanding of this persistence, but also to the discussion on what the requirements are to materialise a transformation in economics, given the dismal outcomes in the world economy. The analytical approach of the paper is to utilise relevant philosophical accounts that point out attributes of dominant discourses, and methodological requirements to supersede an already dominant discourse. The objective is to contribute to an improved understanding of factors that obstruct or construct transformations in a knowledge field such as economics; and thereby contribute to transformation efforts, preferably for a more pluralist and emancipatory economics. Given the complexities and the tensions between different philosophical positions, the conclusions of this appraisal are summarised into five criteria that appear essential to realise a successful transformation in economics: critical juncture; dissimilarity; scholar validation; sensibility; and external power. It is suggested to revise efforts to fulfil these criteria as much, and as soon as possible, given the importance and urgency of changing the trajectory of our economies and societies.Deniz KelleciogluEditura ASE BucurestiarticlephilosophymethodologyemancipationEconomics as a scienceHB71-74DEENFRJournal of Philosophical Economics, Vol XI, Iss 1, Pp 1-26 (2017)
institution DOAJ
collection DOAJ
language DE
EN
FR
topic philosophy
methodology
emancipation
Economics as a science
HB71-74
spellingShingle philosophy
methodology
emancipation
Economics as a science
HB71-74
Deniz Kellecioglu
How to transform economics? A philosophical appraisal
description Ten years after the global financial crisis there is hardly any evidence that the theories, teaching and policies of mainstream economics have changed. This paper is an attempt to contribute to the greater understanding of this persistence, but also to the discussion on what the requirements are to materialise a transformation in economics, given the dismal outcomes in the world economy. The analytical approach of the paper is to utilise relevant philosophical accounts that point out attributes of dominant discourses, and methodological requirements to supersede an already dominant discourse. The objective is to contribute to an improved understanding of factors that obstruct or construct transformations in a knowledge field such as economics; and thereby contribute to transformation efforts, preferably for a more pluralist and emancipatory economics. Given the complexities and the tensions between different philosophical positions, the conclusions of this appraisal are summarised into five criteria that appear essential to realise a successful transformation in economics: critical juncture; dissimilarity; scholar validation; sensibility; and external power. It is suggested to revise efforts to fulfil these criteria as much, and as soon as possible, given the importance and urgency of changing the trajectory of our economies and societies.
format article
author Deniz Kellecioglu
author_facet Deniz Kellecioglu
author_sort Deniz Kellecioglu
title How to transform economics? A philosophical appraisal
title_short How to transform economics? A philosophical appraisal
title_full How to transform economics? A philosophical appraisal
title_fullStr How to transform economics? A philosophical appraisal
title_full_unstemmed How to transform economics? A philosophical appraisal
title_sort how to transform economics? a philosophical appraisal
publisher Editura ASE Bucuresti
publishDate 2017
url https://doaj.org/article/0aeeabcd186a422ca8ec78aa9f15f704
work_keys_str_mv AT denizkellecioglu howtotransformeconomicsaphilosophicalappraisal
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