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The fallacy of the service economy: a materialist perspective

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The purpose of this article, which is based in the tradition of critical theory, is to present a
number of reasons for preserving a strong production economy given that the aim of the nation state is
to work for improved competitive advantage.
Design/methodology/approach – The critical theory approach is used in this paper.
Findings – The paper is also an attempt to show why a majority of Western countries have defended
the transformation from a predominant production economy to a service economy by explaining the
shift as a result of class interests, using new class theory. It argues for why a materialist perspective in
economic theory is relevant today.
Research limitations/implications – The Western world should focus more on the production
economy and less on the service economy.
Originality/value – To the author’s knowledge, no other paper has gathered as many arguments on
the issue before.

Keywords Service economy, Production economy, Materialist perspective, New class theory,
Gross domestic product, Geoeconomics, Economics

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Ketersediaan

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Informasi Detail

Judul Seri

European Business Review

No. Panggil

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Penerbit

: Emerald Group.,

Deskripsi Fisik

European Business Review Vol. 24 No. 4, 2012

Bahasa

English

ISBN/ISSN

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Klasifikasi

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Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

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Subjek

EKONOMI

Info Detail Spesifik

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Pernyataan Tanggungjawab

Asmawati/Syahrial

Versi lain/terkait

Lampiran Berkas

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