Veblen and Instrumental Value: A Systems Theory Perspective

作者: Vladislav Valentinov

DOI: 10.2753/JEI0021-3624470304

关键词: Business firmTask (project management)Veblen goodInstitutionSystems theoryPerspective (graphical)EpistemologyValue (ethics)SociologyMeaning (existential)Neoclassical economics

摘要: This paper explores the meaning of Veblenian instrumental value from perspective two strands twentieth-century systems literature: theories Niklas Luhmann and C. West Churchman. The distinct approach to defining is in terms "generic ends life" implicated development technological knowledge. Based on Luhmann's work, argues that complexity knowledge would overburden individual human mind. Consequently, it needs be reduced through institution business firm, which shown substituting private ownership profit-seeking motivation for those segments cannot grasped by Churchman's work utilized discuss possibility attaining "sweeping-in" has been firm. sweeping-in task Deweyian "public" manifesting itself law comp...

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