IDEAS home Printed from https://ideas.repec.org/p/wiw/wus009/7045.html
   My bibliography  Save this paper

Substantive Economics and Avoiding False Dichotomies in Advancing Social Ecological Economics

Author

Listed:
  • Spash, Clive L.

    ()

Abstract

The proposal has been put forward that ecological economics seek to become substantive economics (Gerber and Scheidel 2018). This raises important issues about the content and direction of ecological economics. The division of economics into either substantive or formal derives from the work of Karl Polanyi. In developing his ideas Polanyi employed a definition from Menger and combined this with Tönnies theory of historical evolution. In this paper I explore why the resulting substantive vs. formal dichotomy is problematic. In particular the article exposes the way in which trying to impose this dichotomy on history of economic thought and epistemology leads to further false dichotomies. Besides Polanyi, the positions of other important thinkers informing social ecological economics (SEE) are discussed including Neurath, Kapp and Georgescu-Roegen. The aim is to clarify the future direction of ecological economics and the role, in that future, of ideas raised under the topic of substantive economics.

Suggested Citation

  • Spash, Clive L., 2019. "Substantive Economics and Avoiding False Dichotomies in Advancing Social Ecological Economics," SRE-Discussion Papers 7045, WU Vienna University of Economics and Business.
  • Handle: RePEc:wiw:wus009:7045
    as

    Download full text from publisher

    File URL: http://epub.wu.ac.at/7045/
    File Function: original version
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Aspromourgos, Tony, 1986. "On the Origins of the Term 'Neoclassical.'," Cambridge Journal of Economics, Oxford University Press, vol. 10(3), pages 265-270, September.
    2. repec:mes:jeciss:v:13:y:1979:i:2:p:317-328 is not listed on IDEAS
    3. Oskar Lange, 1937. "On the Economic Theory of Socialism: Part Two," Review of Economic Studies, Oxford University Press, vol. 4(2), pages 123-142.
    4. Clive L. Spash, 2012. "Towards the integration of social, economic and ecological knowledge," SRE-Disc sre-disc-2012_04, Institute for Multilevel Governance and Development, Department of Socioeconomics, Vienna University of Economics and Business.
    5. Clive L. Spash, 2011. "Social Ecological Economics: Understanding the Past to See the Future," American Journal of Economics and Sociology, Wiley Blackwell, vol. 70(2), pages 340-375, April.
    6. Spash, Clive L., 2013. "The shallow or the deep ecological economics movement?," Ecological Economics, Elsevier, vol. 93(C), pages 351-362.
    7. Gareth Dale, 2011. "Lineages of Embeddedness: On the Antecedents and Successors of a Polanyian Concept," American Journal of Economics and Sociology, Wiley Blackwell, vol. 70(2), pages 306-339, April.
    8. Spash, Clive L., 2012. "New foundations for ecological economics," Ecological Economics, Elsevier, vol. 77(C), pages 36-47.
    9. Adaman, Fikret & Devine, Pat, 1996. "The Economic Calculation Debate: Lessons for Socialists," Cambridge Journal of Economics, Oxford University Press, vol. 20(5), pages 523-537, September.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Substantive economics; Karl Polanyi; Formal economics; History of thought; Epistemology; Social ecological economics; Economic anthropology;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wiw:wus009:7045. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (WU Library). General contact details of provider: http://epub.wu.ac.at .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.