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Growth versus development from Schumpeter to Georgescu-Roegen

Author

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  • Alain Alcouffe

    (LIRHE - Laboratoire Interdisciplinaire de recherche sur les Ressources Humaines et l'Emploi - UT Capitole - Université Toulouse Capitole - UT - Université de Toulouse - CNRS - Centre National de la Recherche Scientifique)

  • Sylvie Ferrari

    (GREThA - Groupe de Recherche en Economie Théorique et Appliquée - UB - Université de Bordeaux - CNRS - Centre National de la Recherche Scientifique)

Abstract

Since the early 1750's economists have elaborate two approaches in order to deal with economic history: a stage theory and a theory of continuing, quantitative growth. J. Schumpeter argued forcibly in favour of the development approach while N. Georgescu-Roegen endorsed the Schumpeterian distinction and considered the stage theory as sketched in Smith or Marx. He proposed a more radical version of his own, embedded in East European history, distinguishing agrarian economies from industrial ones. The paper provides an analysis of the views of both authors on evolution by analysing others aspects such as the relationship between the qualitative change and the stationary state, the linkages between the evolution and the question of time, and the implications of the dialectical nature of the economic process from a methodological viewpoint (measurability of change, pattern of economic evolution, lessons from the flow-fund model of production) as well as the two stage theory of Nicholas Georgescu-Roegen.

Suggested Citation

  • Alain Alcouffe & Sylvie Ferrari, 2008. "Growth versus development from Schumpeter to Georgescu-Roegen," Post-Print halshs-01005389, HAL.
    • Handle: RePEc:hal:journl:halshs-01005389
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01005389
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    References listed on IDEAS

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    1. Kozo Mayumi & John M. Gowdy (ed.), 1999. "Bioeconomics and Sustainability," Books, Edward Elgar Publishing, number 1347.
    2. Christoph Heinzel, 2013. "Schumpeter and Georgescu-Roegen on the foundations of an evolutionary analysis," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 37(2), pages 251-271.
    3. Alain Alcouffe & Sylvie Ferrari & Horst Hanusch, 2004. "LES NOTES DU LIRHE " Marx, Schumpeter and Georgescu-Roegen : Three conceptions of the evolution of economic systems? "," Post-Print hal-01631546, HAL.
    4. Lozada, Gabriel A., 1995. "Georgescu-Roegen's defense of classical thermodynamics revisited," Ecological Economics, Elsevier, vol. 14(1), pages 31-44, July.
    5. John Gowdy & Susan Mesner, 1998. "The Evolution of Georgescu-Roegen's Bioeconomics," Review of Social Economy, Taylor & Francis Journals, vol. 56(2), pages 136-156.
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    Cited by:

    1. Sylvie Ferrari & Félix Garnier & Alain Alcouffe & Cécile Batisse, 2023. "L’Anthropocene Comme Rupture De L’Histoire De L’Economie," Post-Print hal-04099238, HAL.

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