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Hermeneutics and the Heidegger = Schumpeter Theses

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  • Yuichi Shionoya

Abstract

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.

Suggested Citation

  • Yuichi Shionoya, 2010. "Hermeneutics and the Heidegger = Schumpeter Theses," 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
    DOI: 10.1111/j.1536-7150.2009.00702.x
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    References listed on IDEAS

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    1. Schumpeter, Joseph A., 1947. "The Creative Response in Economic History," The Journal of Economic History, Cambridge University Press, vol. 7(2), pages 149-159, November.
    2. Shionoya, Yuichi, 2004. "Scope and Method of Schumpeter's Universal Social Science: Economic Sociology, Instrumentalism, and Rhetoric," Journal of the History of Economic Thought, Cambridge University Press, vol. 26(3), pages 331-347, September.
    3. Shionoya,Yuichi, 1997. "Schumpeter and the Idea of Social Science," Cambridge Books, Cambridge University Press, number 9780521430340.
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