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Shionoya on Heidegger and Schumpeter


  • Yuichi Shionoya


This paper is a part of an attempt to develop an economic philosophy of ontology based on the Continental tradition of hermeneutics. Ontology explores the meanings of entities as the objects of knowledge to posit the orientation of knowledge. Heidegger developed hermeneutical ontology, focusing on the self-understanding of "Dasein" (human beings), which consists of the "projection" of its possibilities into the future and the "thrownness" of it into the restrictions by the past history. Dealing explicitly with the pre-structure of knowledge, hermeneutics opens the perspective of knowledge much broader than permitted by the analytical tradition of philosophy. It is the contention of this paper that Schumpeter from the Austrian subjectivist circle could cope with this approach in social science by the use of the concepts of "innovation and tradition" or "creation and routine." The paper discusses the relationship between Heidegger and Schumpeter on various philosophical issues and derives what might be called the Heidegger = Schumpeter theses. Copyright © 2010 American Journal of Economics and Sociology, Inc..

Suggested Citation

  • Yuichi Shionoya, 2010. "Shionoya on Heidegger and Schumpeter," American Journal of Economics and Sociology, Wiley Blackwell, vol. 69(1), pages 188-202, January.
  • Handle: RePEc:bla:ajecsc:v:69:y:2010:i:1:p:188-202

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