Economics Dictionary of Arguments

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Politics: Politics is the process of making decisions in groups. It is about how people come together to allocate resources, settle disputes, and make choices about how to live together. See also Democracy, Society.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

 
Author Concept Summary/Quotes Sources

Joseph A. Schumpeter on Politics - Dictionary of Arguments

Mause I 65
Politics/Schumpeter: Schumpeter's thesis is famous that the citizen "falls to a lower level of mental achievement as soon as he enters the political realm. He argues and analyses in a way that he would readily acknowledge as infantile within the sphere of his real interests. He's becoming primitive again." (1)
VsSchumpeter: Schumpeter still saw a lack of rationality in the ignorance of the citizens; later theorists have normatively revalued the same facts as rational ignorance.
>Rationality
, >Bounded rationality.

1. J. A. Schumpeter, Capitalism, socialism, and democracy. New York 1942. [dt. Kapitalismus, Sozialismus und Demokratie. Tübingen/ Basel 2005, S. 416.

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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

EconSchum I
Joseph A. Schumpeter
The Theory of Economic Development An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle, Cambridge/MA 1934
German Edition:
Theorie der wirtschaftlichen Entwicklung Leipzig 1912

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018


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