Psychology Dictionary of Arguments

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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.
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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

Jürgen Habermas on Markets - Dictionary of Arguments

IV 226
Markets/Habermas: the market ensures a norm-free regulation of cooperation relationships. It belongs to the systemic mechanisms that stabilize unintended contexts of action via the functional networking of action sequences, while the mechanism of communication coordinates the action orientations of the participants.
>Communication Media/Habermas
, >Money/Habermas, >Control Media/Habermas.
Habermas thesis: this is the reason for proposing a distinction between social and system integration. The one starts with the orientations for action through which the other passes. In one case the action system is integrated by a normatively secured or communicatively achieved consensus, in the other case by the non-normative control of subjectively uncoordinated individual decisions.
>Actions/Habermas, >Action Systems/Habermas, >Action theory/Habermas, >Communicative action/Habermas, >Communication theory/Habermas,
>Communication/Habermas, >Communicative practice/Habermas,
>Communicative rationality/Habermas.
IV 247
Within the framework of state-organised societies, goods markets are created which are controlled via symbolically generalised exchange relationships, i.e. via the money medium. But this medium only creates a structure-forming effect for the social system as a whole with the separation of the economy from the state order. The result is a subsystem differentiated by the money medium, which in turn forces the state to reorganize.
>Society.
In the interrelated subsystems of the market economy and modern administration, the mechanism of the control medium, which Parsons gave the name of the symbolically generalized communication medium, finds its appropriate social structure.
>T. Parsons, >Communication media/T. Parsons.

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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.

Ha I
J. Habermas
Der philosophische Diskurs der Moderne Frankfurt 1988

Ha III
Jürgen Habermas
Theorie des kommunikativen Handelns Bd. I Frankfurt/M. 1981

Ha IV
Jürgen Habermas
Theorie des kommunikativen Handelns Bd. II Frankfurt/M. 1981


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