|Title:||Socio-economics: the Approach of Social Systems Theory in a Forty Year Perspective|
Vol. 10, No 2, 2017
Published date: 06-2017 (print) / 06-2017 (online)
Economics & Sociology
ISSN: 2071-789X, eISSN: 2306-3459
Tom R. Burns
Université Catholique De Louvain
|Keywords:||actor-system dynamics, socio-economics, capitalism, economic inequality, conflict and instability|
|JEL classification:||A13, D63|
This article presents a social systems theoretical approach to the field of socio-economics. Drawing on actor-system dynamics, a social systems theory, developed in the 1970s, we report on how it has been applied to socio-economic questions and analyses in a series of reports and publications for the past 40+ years. Among the problems discussed are: (1) The discontents and conflicts of capitalism. (2) Economic inequality, uneven socio-economic development, conflict and instability. (3) The limits of orthodox economic theories and policies in the face of recurrent economic crises and instabilities. Introduction of the paper briefly outlines the social systems theory, actor-system dynamics (ASD). Part I discusses the continued relevance of the systems approach, possibly even more so as systemic failures have occurred in the post-Keynesian world. In Part II, we consider what next for social systems analysis and its application to socio-economic problems.
1. Althusser, L. and Balibar, E. (1970). Reading Capital. London: New Left Review.
2. Von Bertalanffy, L. (1968). General System theory: Foundations, Development, Applications. New York: George Braziller.
3. Baumgartner, T., Burns, T. R. and DeVille, P. (1979). Work, Politics, and Social Structuring under Capitalism: Impact and Limitations of Industrial Democracy Reforms Under Capitalist Relations of Production and Reproduction. In: T. R. Burns, L. E. Karlsso
4. Baumgartner, T., T. R. Burns and DeVille, P. (1977), The Oil Crisis and the Emerging World Order: The Structuring of Institutions and Rule Making in the International System. Alternatives: A Journal of World Policy, 3, 75-108.
5. Baumgartner, T., Burns, T. R. and DeVille, P. (1975). The Structuring of International Economic Relations. International Studies Quarterly, 19, 126-159.
6. Baumgartner, T., Burns, T. R. and Meeker, D. (1976). Toward a Systems Theory of Unequal Exchange, Uneven Development, and Dependency Relationships. Kybernetes, 5, 15-23.
7. Baumgartner, T., Burns, T. R. DeVille, P. (1986). The Shaping of Socio-economic Systems: The application of the theory of actor-system dynamics to conflict, social power, and institutional innovation in economic life. London/New York: Gordon and Breach.
8. Burns, T. R. (1990). Models of Social and Market Exchange: Toward a Sociological Theory of Games and Human Interaction. In: D. Calhoun, M. W. Meyer, and W. R. Scott (eds.). Structures of Power and Constraint: Essays in Honor of Peter M. Blau. New York: Ca
9. Burns, T. R., Baumgartner, T. and DeVille, P. (1985). Man, Decisions, and Society. New York/London: Gordon and Breach.
10. Burns, T. R., and DeVille, P. (2003). The three faces of the coin: A socio-economic approach to the institution of money. European Journal of Economic and Social Systems, 16(2), 149-195.
11. Burns, T. R. and DeVille, P. (2006). Dynamic Approaches in Social System Theorizing. Handbook of 21st Century Sociology. Thousand Oaks, CA: Sage.
12. Burns, T. R. and Dietz, T. (2001). Revolution: An evolutionary perspective. International Sociology, 16(4), 531-555.
13. Burns, T. R. and Flam, H. (1987). The Shaping of Social Organization: Social Rule System Theory with Applications. London: Sage.
14. Burns, T. R. and Hall, P. (2012). The Meta-power Paradigm: Impacts and Transformations of Agents, Institutions, and Social Systems – Capitalism, State, and Democracy in a Global Context. Frankfurt/NewYork/Oxford: Peter Lang.
15. Burns, T. R., Karlsson, L. and Rus, V. (eds.) (1979). Work and Power. London: Sage.
16. Burns, T. R. (in collaboration with P. DeVille and A. Martinelli) (2017). Boom and Bust Cycles in Financial Markets – Causes and Cures: Multiple Contradictory Functions of Money and Collective Action Problems. Theoretical Economics Letters, 7, 914-928.
17. Burns, T. R., Martinelli, A. and DeVille, P. (2013). A Socio-economic Systems Model of the Global Financial Crisis of 2007+: Power, Innovation, Ideology, and Design Failure. In: J. Pixley and G. Harcourt (eds.). Financial Crises and the Nature of Capitali
18. Burns, T. R. and Roszkowska, E. (2016). Rational Choice Theory: Toward a Psychological, Social, and Material Contextualization of Human Choice Behavior. Theoretical Economics Letters, 6 (April #), 195-207.
19. Carson, M., Burns, T. R., Calvo, D. (eds.) (2009). Paradigms in Public Policy: Theory and Practice of Paradigms Shifts in the EU. Frankfurt/Oxford/New York: Peter Lang.
20. DeVille, P. and Burns, T. R. (1976). Institutional Responses to Crisis in Capitalist Development. Social Praxis, 4, 5 46.
21. Dostal, E. (in collaboration with A. Cloete and G. Jaros) (2005). Biomatrix: A Systems Approach to Organizational and Societal Change. 3rd ed. Capetown: Imaging Data Solutions.
22. Forrester, J. (1961). Industrial Dynamics. Cambridge: MIT Press.
23. Forrester, J. (1968). Principles of Systems. Cambridge: MIT Press.
24. Granovetter, M. (1985). Economic action and social structure: The problem of embeddedness. American Journal of Sociology, 50, 481-510.
25. Klir, G. (1969). An Approach to General Systems Theory. New York, Van Nostrand Reinhold.
26. Luhmann, N. (1995). Social Systems. Translated by John Bednarz with Dirk Baecker. Stanford, Calif.: Stanford University Press.
27. Meadows, D. H., Meadows, D. L., Randers, J., Behren, II, W. (1974). Limits to Growth. 2nd ed. New York: Universe Books.
28. Parsons, T. (1951). The Social System. Glencoe, IL: Free Press.
29. Simon, H. A. (1969). Sciences of the Artificial. Cambridge: MIT Press.
30. Wallerstein, I. (2004). World-systems analysis. Durham, NC: Duke University Press.