Philosophy Dictionary of ArgumentsHome
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| Markets: A market in economics is a physical or virtual place where buyers and sellers come together to exchange goods and services. Markets allow people to specialize in different areas of production, they provide competition, and promote innovation. See also Competition, Progress, Economy, Goods, Exchange, Trade, Innovation._____________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. | |||
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Albert O. Hirschman on Markets - Dictionary of Arguments
Brocker I 520 Markets/Hirschman: Thesis: For economic processes, not only markets but also individual, economic action (via emigration, see Terminology/Hirschman) and participatory, political action (via conflicts) play an important constructive role. (1) In other words, people leave a party, a company, a country or contradict political tendencies and thus exert a noticeable influence on economic activity. Market: Thesis: More market can be a harm. Reason: the possibility of emigration weakens the chances for success of conflicts. For example, a World Bank railway project in Nigeria in 1967: due to the lack of reliability of rail transport, the transport volume shifted more and more to road transport. If the railways had had a monopoly on transport, there might have been effective protests - conflicts. Since, despite the monopoly on rail transport, there was the easy alternative of migration to the road, these protests did not take place - migration had weakened conflict. See Competition/Hirschman. 1. Albert O. Hirschman, Exit, Voice, and Loyalty. Responses to Decline in Firms, Organizations, and States, Cambridge, Mass. 1970. Dt.: Albert O. Hirschman, Abwanderung und Widerspruch. Reaktionen auf Leistungsabfall bei Unternehmungen, Organisationen und Staaten, Tübingen 1974, p. 386 Stephan Panther, „Albert O. Hirschman, Abwanderung und Widerspruch“ in: Manfred Brocker (Hg.) Geschichte des politischen Denkens. Das 20. Jahrhundert. Frankfurt/M. 2018_____________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. |
PolHirschm I Albert O. Hirschman The Strategy of Economic Development New Haven 1958 Brocker I Manfred Brocker Geschichte des politischen Denkens. Das 20. Jahrhundert Frankfurt/M. 2018 |
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Ed. Martin Schulz, access date 2024-04-25