e-journal

The desocialising of economic theory

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Purpose – The paper aims to show that economic theory has become “desocialised” and separated
from social theory through the adoption of individualistic methods and neglect of social relations and
structures. It also seeks to assess the upshot of these trends, as well as the prospects for reversing them.
Design/methodology/approach – A historical overview traces how the social content of economic
theory has diminished, considering the reasons why. This leads on to a wider evaluation of what
desocialisation entails and whether economics could be done differently.
Findings – Desocialisation stems from the desire for boundaries between academic disciplines,
which drove economics towards individualism and other social sciences towards structural methods.
Such an artificial divide between economic theory and social theory is argued to be detrimental to all
the disciplines concerned.
Practical implications – Restrictions imposed by desocialised theory have practical consequences
for how we understand and model the economy. Some reforms that would loosen the restrictions so as
to promote a resocialised economics are suggested.
Originality/value – The idea of desocialisation is defined and interpreted, drawing attention to the
changing nature of economics, its isolation from other social sciences, and the possibilities for
alternative modes of economic theorising.

Keywords Economic theory, Social theory, Methodological individualism, Social structure, Duality,
Stratification

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Ketersediaan

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Informasi Detail

Judul Seri

International Journal of Social Economics

No. Panggil

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Penerbit

: Emerald Group., 2013

Deskripsi Fisik

International Journal of Social Economics Vol. 40 No. 9, 2013 pp. 809-825

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

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