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Economics: Economics is the study of how people make choices under scarcity. It is a social science that focuses on the production, distribution, and consumption of goods and services. Economics also studies the behavior and interactions of economic agents and how economies work. See also Economy, Markets, Trade, Exchange.
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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

Talcott Parsons on Economics - Dictionary of Arguments

Habermas IV 384
Economics/Parsons/Habermas: Parsons had the problem of integrating the most methodologically advanced social science discipline, economics, into the theory of society.(1)
At first he tried to present the exchange relationships between the four social subsystems (society, culture, personality system, behavioral system) via "markets".(2)
>Markets/Parsons
, >System/Parsons.
Habermas IV 385
Neoclassical Economics/Habermas: had conceived the economy as a system with permeable borders, which exchanges inputs from the system environment for its own outputs; it had preferably concentrated on the case of exchange between private households and companies and had analysed the relations between capital and labour from the point of view of a systemic exchange between the real variables of labour and consumer goods on the one hand, and the corresponding monetary variables, wages and private expenditure on the other.
Parsons is not interested, like economists, in the internal dynamics of the economic system, but in the relations between the economy and the other subsystems and wants to explain the non-economic parameters of the economic process.
>Systems theory.
Question: 1. What is the conceptual status of money as a medium that facilitates the internal systemic exchange between real variables such as labour and consumer goods?
2. Do the other social subsystems also regulate the exchange in their environments via similar media? (3)
>Control media, >Communication media.

1. T. Parsons/N. J. Smelser, Economy and Society, London, NY, 1956,
2. T. Parsons, Sociological Theory and Modern Society, NY 1967, S. 347ff.
3. T.Parsons, Social Systems and the Evolution of Action Theory, NY 1977, S. 128

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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.

ParCh I
Ch. Parsons
Philosophy of Mathematics in the Twentieth Century: Selected Essays Cambridge 2014

ParTa I
T. Parsons
The Structure of Social Action, Vol. 1 1967

ParTe I
Ter. Parsons
Indeterminate Identity: Metaphysics and Semantics 2000

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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Ed. Martin Schulz, access date 2024-04-16
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