The Metaphysics and Ontology of the Economy

Ricardo Crespo

Chapter Chapter 4 in The Nature of the Economy, 2022, pp 53-75 from Springer

Abstract: Abstract This chapter sets out to answer two questions: first, what is the nature of the economy as a general reality? and, second, what are its constituents? The chapter specifically delves into the nature of the economy and only enumerates the components that will be analyzed in subsequent chapters. It takes into account the explorations into the nature of the economy undertaken by AristotleAristotle, CartwrightCartwright, N.C., LawsonLawson, T., and MäkiMäki, U., finding some general coincidences among them. The conclusion is that the economic realm consists of accidental entities or properties that cannot be separated from underlying variable structures, capacities, and institutions, or from the agents that have diverse motivations influencing economic actions. This contingent realm calls for local analyses.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-02453-5_4

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DOI: 10.1007/978-3-031-02453-5_4

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