Hanappi, Hardy (2011): Signs of reality - reality of signs. Explorations of a pending revolution in political economy.
Download (625kB) | Preview
This paper explores the interaction between the world of information processes in human society and the non-information dynamics, which the latter set out to understand. This broad topic is approached with a focus on evolutionary political economy: It turns out that progress in this scientific discipline seems to depend crucially on a methodological revolution reframing this above mentioned interplay. The paper consists of three parts. After a brief introduction, which sketches the position of the argument in the current epistemological discourse, part 1 sets out to describe the basic methodological ingredients used by evolutionary political economy to describe the ‘reality’ of socioeconomic dynamics. Part 2 jumps to the world of languages used and proposes a rather radical break with the received apparatus of analytical mathematics used so successfully in sciences studying non-living phenomena. The development of procedural simulation languages should substitute inadequate mathematical formalizations, some examples are provided. Part 3 then returns to ‘reality’ dynamics, but now incorporates the interaction with the information sphere in a small algorithmic model. This model – like the introduction - again makes visible the relationships to earlier research in the field. Instead of a conclusion – several, hopefully innovative ideas are provided in passing, throughout the paper - an epilogue is provided, which tries to indicate the implications of this methodological paper for political practice in face of the current global crisis.
|Item Type:||MPRA Paper|
|Original Title:||Signs of reality - reality of signs. Explorations of a pending revolution in political economy.|
|Keywords:||Scientific methods, evolutionary political economy, formal languages, ideology|
|Subjects:||B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches > B51 - Socialist ; Marxian ; Sraffian
B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches > B52 - Institutional ; Evolutionary
B - History of Economic Thought, Methodology, and Heterodox Approaches > B4 - Economic Methodology
|Depositing User:||Gerhard Hanappi|
|Date Deposited:||15. Jun 2011 21:45|
|Last Modified:||13. May 2015 18:51|
Colander D., 2010, The economics profession, the financial crisis, and method, Journal of Economic Methodology, Vol. 17, No. 4.
Csermely P., 2009, Weak Links. The Universal Key to the Stability of Networks and Complex Systems, Springer.
Dawkins R., 1976, The Selfish Gene, Oxford University Press.
Dawkins R., 2006, The God Delusion, Bantam Press, London.
Descartes R., 1637, Discours de la méthod, Paris.
Dopfer K., 2011, Evolution and Complexity in Economics Revisited, Papers on Economics and Evolution #1102, Max Planck Institute of Economics, Jena.
Dutt A., 2011, The role of aggregate demand in classical-Marxian models of economic growth, Cambridge Journal of Economics 2011, 35, 357–382.
Eco U., 1973, Il Segno, publisher Isedi, Milano.
Eco U., 1977, A Theory of Semiotics, Macmillan, London.
Euclid, 2300 BC, The Elements, in [David E. Joyce, ed. 1997]; available on the web: http://aleph0.clarku.edu/~djoyce/java/elements/toc.html.
Feinman R., 1985, QED – The Strange Theory of Light and Matter, Princeton University Press.
Gordon D., 1989, What Makes Epochs? A Comparative Analysis of Technological and Social Explanations of Long Economic Swings, in [Goodwin R. et al. (eds), 1989, pp. 267-304].
Goodwin R., 1955, A Model of Cyclical Growth, in [Goodwin R., 1982].
Goowin R., 1982, Essays in Economic Dynamics, Macmillan Press, London.
Goodwin R. et al. (eds.), 1989, Technological and Social Factors in Long-Term Fluctuations, Springer Verlag, New York.
Gödel K., 1931, Über formal unentscheidbare Sätze der Principia Mathematica und verwandter Systeme 1, Monatshefte für Mathematik und Physik 38, pp. 173-198.
Hanappi H., 1989, The Stages of Industrial Capitalism, in [Goodwin R. et al. (eds.), 1989, pp. 353-383].
Hanappi H., 2003, Maxwell's Demons in Brains and Politics. Formulating the evolution of needs and values as dialectics of entropy, proceedings of the EAEPE Conference 2003 in Maastricht (NL); available on the web: http://ftp.vwl.tuwien.ac.at/hanappi/Papers/Maxwell.zip.
Hanappi H., 2006, Endogenous Needs, Values and Technology. Evolutionary economic modelling to replace microeconomics and macroeconomics, paper presented at the European Association for Evolutionary Political Economy (EAEPE) Conference 2006 in Istanbul (Turkey), November 2-4, Istanbul, 2006; available as MRPA working paper no. 28880.
Hanappi H., 2009, Money, Credit, Capital, and the State. On the evolution of money and institutions, invited paper at the Verein für Socialpolitik (Ausschuss für Evolutorische Ökonomik) July 2009 in Jena. Enhanced version forthcoming in a book edited by Uwe Cantner published by Springer, 2011. Preliminary version available on the web: http://ftp.vwl.tuwien.ac.at/hanappi/Papers/Hanappi_2010f.pdf
Hanappi H., 2010, From Growth to Innovative Reproduction: A Roadmap for a European Model of Evolution, paper presented at the European Association for Evolutionary Political Economy (EAEPE) Conference 2010 in Bordeaux (France); available as MRPA working paper no. 29062.
Hanappi H., 2011, Deepening Contradictions. From a theory of Exchange Rate Exploitation to a theory of Fascism, forthcoming.
Hanappi H. & Hanappi-Egger E., 2008, The Death of the Family? Evolution of the New Deal between Biological and Social Reproduction, in: [Elsner W. & Hanappi H. (eds.), 2008, Varieties of Capitalism and New Institutional Deals, pp. 195-208].
Hardy G.H., 1940, A Mathematician’s Apology, Cambridge University Press.
Hegel G.W.F., 1807, Phänomenologie des Geistes, Verlag Ullstein (1973).
Holdcroft D. & Lewis H., 2000, Memes, Minds and Evolution, Philosophy, vol. 75, pp. 161-182, Cambridge, UK.
Keynes J.-M., 1921, A Treatise on Probability, in Collected Works, Cambridge.
Mäki U., 2011, Scientific realism as a challenge to economics (and vice versa), Journal of Economic Methodology, Vol. 18, No. 1.
Montesquieu Baron de, 1748, On the Spirit of Laws, Paris. Newell A. & Simon H., 1976, Computer Science as Empirical Inquiry: Symbols and Search, Commuications of the ACM, vol 19, no. 3 (March).
Neumann J. v. & Morgenstern O., 1943, Theory of Games and Economic Behavior, Princeton University Press.
Page S., 2007, Difference. How the power of diversity creates better groups, firms, schools, and societies, Princeton University Press, NJ.
Saussure F. de, 1915, Course in General Linguistics, Open Court, Chicago and La Salle, Illinois.
Schelling Th., 1978, Micromotives and Macrobehavior, W. W. Norton and Company.
Wittgenstein L., 1922, Tractatus logico-philosophicus, Kegan Paul, Trench, Trubner & Co., London.