Power and Competition View Full Text


Ontology type: schema:Chapter     


Chapter Info

DATE

1976

AUTHORS

Helmut Arndt

ABSTRACT

‘The fundamental concept in social science is Power, in the same sense in which Energy is the fundamental concept in Physics.’1 This sentence of Bertrand Russell is more true than most economists are ready to admit and perhaps also more true than Russell believed himself. He thought, in contrast to Marx, that not ‘economic self-interest could be taken as the fundamental motive in the social sciences.’2 He believed ‘that the love of power is the cause of the activities that are important in social affairs.’3 In contrast to Russell and Marx I think that power is not only a decisive motive in social science but that it is also a means to realize someone’s economic interest and that it can be used as such a means independently of the distribution of property. More... »

PAGES

33-52

Book

TITLE

Markets, corporate behaviour and the state

ISBN

978-1-4613-4378-3
978-1-4613-4376-9

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/978-1-4613-4376-9_3

DOI

http://dx.doi.org/10.1007/978-1-4613-4376-9_3

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1020552355


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