The Driving Force

Graeme Snooks

Chapter 10 in Global Transition, 1999, pp 185-201 from Palgrave Macmillan

Abstract: Abstract To understand strategic demand, which is the central concept in my theory of the global strategic transition (GST), we need to explore the forces driving it. This requires the development of a realistic theory of human behaviour that can explain the exploitation of strategic opportunities and, hence, the unfolding technological paradigm. The failure to analyse the driving force in society is a major weakness of orthodox economics. Neoclassical growth models are neither self-starting nor self-maintaining (Snooks 1998b: ch. 3). In these production models ‘dynamics’ can only be generated from unsystematic exogenous shocks, whereas in the dynamic-strategy model the driving force — the strategic pursuit — is endogenous.

Keywords: Dynamic Strategy; Centripetal Force; Concentric Sphere; Neoclassical Model; Neoclassical Growth Model (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-98479-6_10

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DOI: 10.1057/9780333984796_10

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