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In considering ideology and economic activity, ideology is defined as a system of beliefs which binds people together into a social grouping. This is synonymous with religion as defined by Durkheim (1912) and, as a definition of religion, it may be too wide; but if this definition is adopted, both...
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In earlier times economists used to view the world in terms of dual economic models. For Marx the Asiatic mode of production(1) was the concept which was the counterpart of the Western feudalism from which the capitalist regime and bourgeois society emerged: Weber regarded the Confucian...
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General equilibrium theory clarifies how the social economy works. Given the complexity of the society, each general equilibrium theory model has so far dealt with only a few facets of the society. Moreover, neither trade unionists, federations of business organizations, bureaucracy, etc., nor...
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