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How to Foster Social Progress: An Ordonomic Perspective on Progressive Institutional Change

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  • Stefan Hielscher
  • Ingo Pies
  • Vladislav Valentinov

Abstract

According to the institutionalist position, institutional change is progressive to the extent that ceremonial behavioral patterns are replaced by instrumental ones. This article shows how the ordonomic research program operationalizes and explains the feasibility of progressive institutional change. The key ordonomic argument is that instrumental value is expressed in the inclusive win-win semantics that, by virtue of its very inclusiveness, is capable of transcending the win-lose semantics implicated in ceremonial value. This argument is illustrated with the European growth miracle as the prime historical example of progressive institutional change.

Suggested Citation

  • Stefan Hielscher & Ingo Pies & Vladislav Valentinov, 2012. "How to Foster Social Progress: An Ordonomic Perspective on Progressive Institutional Change," Journal of Economic Issues, Taylor & Francis Journals, vol. 46(3), pages 779-798.
  • Handle: RePEc:mes:jeciss:v:46:y:2012:i:3:p:779-798
    DOI: 10.2753/JEI0021-3624460310
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    File URL: http://hdl.handle.net/10.2753/JEI0021-3624460310
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    Citations

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    Cited by:

    1. Will, Matthias Georg & Pies, Ingo, 2014. "Discourse and regulation failures: The ambivalent influence of NGOs on political organizations," Discussion Papers 2014-2, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    2. repec:zbw:espost:170540 is not listed on IDEAS
    3. Beckmann, Markus & Pies, Ingo & von Winning, Alexandra, 2012. "Passion and compassion as strategic drivers for sustainable value creation: An ordonomic perspective on social and ecological entrepreneurship," Discussion Papers 2012-22, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    4. Pies, Ingo, 2013. "The ordonomic approach to order ethics," Discussion Papers 2013-20, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    5. Pies, Ingo, 2014. "Der ordonomische Ansatz: Eine Illustration am Beispiel des Mindestlohns," Discussion Papers 2014-17, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    6. Matthias Georg Will & Stefan Hielscher, 2014. "How do Companies Invest in Corporate Social Responsibility? An Ordonomic Contribution for Empirical CSR Research," Administrative Sciences, MDPI, Open Access Journal, vol. 4(3), pages 1-23, July.
    7. repec:zbw:espost:170726 is not listed on IDEAS
    8. Stefan Hielscher & Ingo Pies, 2016. "Emergent Social Dilemmas in Modern Society: An Institutional Economics Perspective (A comment on Valentinov and Chatalova)," Systems Research and Behavioral Science, Wiley Blackwell, vol. 33(3), pages 483-487, May.
    9. Stefan Hielscher & Matthias Georg Will, 2014. "Mental Models of Sustainability: Unearthing and Analyzing the Mental Images of Corporate Sustainability with Qualitative Empirical Research," Systems Research and Behavioral Science, Wiley Blackwell, vol. 31(6), pages 708-719, November.
    10. Valentinov, Vladislav, 2015. "From equilibrium to autopoiesis: A Luhmannian reading of Veblenian evolutionary economics," Economic Systems, Elsevier, vol. 39(1), pages 143-155.

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