TWO FALLACIES IN APPROCHING THE CURRENT CRISIS Cover Image

TWO FALLACIES IN APPROCHING THE CURRENT CRISIS
TWO FALLACIES IN APPROCHING THE CURRENT CRISIS

Author(s): Alexandru Jivan
Subject(s): Economy
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: economic crises; sustainable development; immaterial economy; productivity

Summary/Abstract: Present study aims to reveal a few of the main perceptions and assumptions concerning economic activity, with implications in the nowadays’ crisis. The most important current anti-crisis views on causes of the crisis are synthesized and critically reviewed. Methodologically, their interpretation is made by the effects in practice, alleging a wide interdisciplinary approach, consistent with the requirements of the European concept of knowledge society. Thus, ideas are brought in the economic analysis in a heterodox approach, trying to go beyond certain standard economic routines and into modelling. The model comes from an approach on the material-immaterial difference and has an answer to the dilemma consumption vs. economizing. There result prerequisites for economic analysis, as well as conclusions in a pro-active approach of the matter, which are generally applicable to the crisis management at macroeconomic level, but with implications at the level of individual economic agent, too.

  • Issue Year: 2009
  • Issue No: 3
  • Page Range: 85-103
  • Page Count: 19
  • Language: English