The Hegelian Dialectic and Evolutionary Economic Change
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Terutomo Ozawa
The Hegelian dialectic of thesis-antithesis-synthesis can provide a perspicacious framework for analyzing the evolutionary process of economic change as envisaged in many theories of growth and development from David Hume and David Ricardo to Joseph Schumpeter. An evolution of economic structure is a perpetual sequence of change with constant contradictions, self-transformation, and self-organization. The same dialectic is applied to the “flying-geese” paradigm of industrial upgrading (an emended version of Akamatsu’s original model) that explains Japan’s postwar process of structural transformation and upgrading, a process full of contradictory developments and incessant adjustments occurring at both the market (unconscious coordination) and the policy (conscious coordination) level.
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
Articles in the same Issue
- Editor's Introduction
- Editor's Introduction
- Article
- Globalization, Comparative Advantage, and Europe's Double Competitive Squeeze
- EU Enlargement and Anti-Globalization: New Paradox or Old Paradigm
- The U.S. Textile and Apparel Industry in the Age of Globalization
- Reducing the Cost of Distance: Technological Change and the Globalization of New Zealand, 1960-2000
- Impact of Globalization on International Trade between ASEAN-5 and China: Opportunities and Challenges
- The Hegelian Dialectic and Evolutionary Economic Change
Articles in the same Issue
- Editor's Introduction
- Editor's Introduction
- Article
- Globalization, Comparative Advantage, and Europe's Double Competitive Squeeze
- EU Enlargement and Anti-Globalization: New Paradox or Old Paradigm
- The U.S. Textile and Apparel Industry in the Age of Globalization
- Reducing the Cost of Distance: Technological Change and the Globalization of New Zealand, 1960-2000
- Impact of Globalization on International Trade between ASEAN-5 and China: Opportunities and Challenges
- The Hegelian Dialectic and Evolutionary Economic Change
