Economics As A Social Science 2nd Edition Raimund Dietz by Raimund Dietz 9783658451769, 9783658451752, 3658451769, 3658451750 instant download after payment.

The aim of this book is to present an integral theory of the economy. The theory must start at the point where the economy emerges as a system: with exchange and money. Exchange is the connecting operation, money its medium.
This approach makes economic theory compatible with the social sciences. To do this, however, we must change the architecture of the theory from a subject- object dyad (utility-maximizing subject) to a subject–subject-object triad. This puts exchange and money at the center of the theory, making it possible to visualize the importance of society-forming processes for tackling the problem of scarcity.
The neoclassical approach is a purely dyadic concept. It abstracts from exchange and money and models the economy as if it were an optimization task to be carried out by a subject acting above society (an auctioneer or overall planner of society). This approach always assumes perfect information, falling—implicitly—back on the “communist fiction”. It is thus diametrically opposed to the liberal market rhetoric of neoclassical economics. It is a theory of central planning rather than a theory of the market (or social synthesis via contracts). In the social sciences, this dyadic approach led to an overestimation of the possibility of establishing a socialist order.
The triadic approach, on the other hand, is based on the fact that the economy is constituted via “relationships”, from which morphic fields emerge that provide individuals with information and orientation. Economic theory must therefore be formulated as a catallactics (the theory of exchange for money).
based on a dyadic approach, systematically ignores exchange and money.
Without exchange and money, however, there is no economy. Most of the goods surrounding us only exist because there is money. Money is responsible for the emergence, dynamism, and vitality of the modern economy. There is no functional equivalent to exchange and money.
Anyone who ignores money must fail. This is true both in…