Can Darwinism be “Generalized” and of what use would this be?
AbstractIt has been suggested that, by generalizing Darwinian principles, a common foundation can be derived for all scientific disciplines dealing with evolutionary processes, especially for evolutionary economics. In this paper we show, however, that the principles of such a "Generalized Darwinism" are not those that in the development of evolutionary biology have been crucial for distinguishing Darwinian from non-Darwinian approaches and, hence, cannot be considered genuinely Darwinian. Moreover, we wonder how "Generalized Darwinism" can be made fruitful for evolutionary economics given that its principles are but an abstract hull that does not suffice to explain actual evolutionary processes in the economy. To that end specific hypotheses are required which neither follow from, nor are necessarily compatible with, the suggested abstract principles. Accordingly, we find little evidence in the literature for the claim that Generalized Darwinism can enhance the explanatory power of an evolutionary approach to economics.
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Bibliographic InfoArticle provided by Springer in its journal Journal of Evolutionary Economics.
Volume (Year): 21 (2011)
Issue (Month): 4 (October)
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Web page: http://link.springer.de/link/service/journals/00191/index.htm
Other versions of this item:
- Georgy S. Levit & Uwe Hossfeld & Ulrich Witt, 2010. "Can Darwinism Be "Generalized" and of What Use Would This Be?," Papers on Economics and Evolution 2010-07, Max Planck Institute of Economics, Evolutionary Economics Group.
- B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian
- B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
- B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary
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