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The Driving Force

In: Global Transition

Author

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  • Graeme Donald Snooks

    (Australian National University)

Abstract

To understand strategic demand, which is the central concept in my theory of the global strategic transition (GST), we need to explore the forces driving it. This requires the development of a realistic theory of human behaviour that can explain the exploitation of strategic opportunities and, hence, the unfolding technological paradigm. The failure to analyse the driving force in society is a major weakness of orthodox economics. Neoclassical growth models are neither self-starting nor self-maintaining (Snooks 1998b: ch. 3). In these production models ‘dynamics’ can only be generated from unsystematic exogenous shocks, whereas in the dynamic-strategy model the driving force — the strategic pursuit — is endogenous.

Suggested Citation

  • Graeme Donald Snooks, 1999. "The Driving Force," Palgrave Macmillan Books, in: Global Transition, chapter 10, pages 185-201, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-98479-6_10
    DOI: 10.1057/9780333984796_10
    as

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