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The “power-property” concept: Pro et contra

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  • D. V. Trubitsyn

Abstract

The analysis of the “power-property” concept and its critics shows that the question in issue is not the phenomenon itself but its intensity in a certain historical period in a certain country. Therefore, methods of theoretical history are necessary for positive knowledge accumulation in Eastern historical studies of problems of laissez-faire and dirigisme during the transition to modern economic growth. It enables to overcome the metaphysical character of reasoning, which is especially typical for the Marxists. Their conceptual framework, however, should not be applied by default — only as a metatheoretical basis for forthcoming research. The paper points out another range of issues related to both “materialistic” and “institutionalist” explanations of the “power-property” phenomenon; it is suggested to separate such issues as the origin of the phenomenon and its further reproduction. The argumentation is based on the data of the historiography of China, as well as on the key concepts of historical sociology relating to the studies of the cyclic dynamics of traditional societies.

Suggested Citation

  • D. V. Trubitsyn, 2022. "The “power-property” concept: Pro et contra," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 5.
  • Handle: RePEc:nos:voprec:y:2022:id:3752
    DOI: 10.32609/0042-8736-2022-5-121-135
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