Arbeitspapier

In order to stand up you must keep cycling: Change and coordination in complex evolving economies

In this work we discuss the main building blocks, achievements and challenges of an evolutionary interpretation of the relation between mechanisms of coordination and drivers of change in modern economies, seen as complex evolving systems. It is an evident stylised fact of modern economic systems that there are forces at work which keep them together and make them grow despite rapid and profound modifications of their industrial structures, social relations, techniques of production, patterns of consumption. We suggest that a fruitful interpretation of the two processes rests in what we call the "bicycle conjecture": in order to stand up you must keep cycling. However, changes and transformation are by nature "disequilibrating" forces. Thus there must be other factors which maintain relatively ordered configurations of the system and allow a broad consistency between the conditions of material reproduction (including income distributions, accumulation, available techniques) and the thread of social relations.

Sprache
Englisch

Erschienen in
Series: LEM Working Paper Series ; No. 2016/39

Klassifikation
Wirtschaft
Thema
Change
Coordination
Evolutionary Economics
Socio-Economic Systems

Ereignis
Geistige Schöpfung
(wer)
Dosi, Giovanni
Virgillito, Maria Enrica
Ereignis
Veröffentlichung
(wer)
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
(wo)
Pisa
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Dosi, Giovanni
  • Virgillito, Maria Enrica
  • Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)

Entstanden

  • 2016

Ähnliche Objekte (12)