Институционална еволюция на обществата към отворен достъп и пазарна размяна?
Institutional Evolution of Societies towards Open Access and Market Exchange?
Teodor Sedlarski
MPRA Paper from University Library of Munich, Germany
Abstract:
This article investigates the analytical line of reasoning in D. North’s, J. Wallis’ and B. Weingast’s research project “Violence and Social Orders”, which unifies in an institutional explanation scheme the control over violence in human societies, the equilibrium of interests among the ruling coalition that secures the peace, and the possible transition to impersonal exchange. As the market exchange isn’t a naturally given form of organizing social interaction, but requires erecting of specific institutional settings, this study demonstrates the new institutional approach to the explanation of the developments in economic history which made free markets and the democratic state organization possible during the European Renaissance. Research projects like Nort’s, Wallis’ and Weingast’s pave the way for creating a modern political economy, which - based on a contemporary analytical apparatus – synthesizes the achievements in the social sciences of the last decades with the tradition of the early economic thought.
Keywords: new economic history; institutional economics; political economy; open access societies; limited access societies; rule of law; impersonal exchange; monopoly of organized violence (search for similar items in EconPapers)
JEL-codes: A12 B23 B25 B52 O43 P16 Z10 (search for similar items in EconPapers)
Date: 2012-06
New Economics Papers: this item is included in nep-hpe
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:52427
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