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The fallacy of the service economy

A materialist perspective

Bibliographic Data

ID23180373
AuthorsKlaus Solberg Söilen (0000-0002-2427-3148, Halmstad University, corresponding author)
Year2012
Volume24
Issue4
Pages308-319
Publication date2012-06-22
Open AccessYes
TypeARTICLE
VenueEuropean Business Review (JOURNAL)
Journal identifiersISSN: 0955-534X • E-ISSN: 1758-7107
PublisherEmerald (PUBLISHER)
DOI10.1108/09555341211242123
OpenAlexW2052663504
LanguageEN
Citations received2
References cited15

Purpose The purpose of this article, which is based in the tradition of critical theory, is to present a number of reasons for preserving a strong production economy given that the aim of the nation state is to work for improved competitive advantage. Design/methodology/approach The critical theory approach is used in this paper. Findings The paper is also an attempt to show why a majority of Western countries have defended the transformation from a predominant production economy to a service economy by explaining the shift as a result of class interests, using new class theory. It argues for why a materialist perspective in economic theory is relevant today. Research limitations/implications The Western world should focus more on the production economy and less on the service economy. Originality/value To the author's knowledge, no other paper has gathered as many arguments on the issue before.

Class (philosophy) · Class analysis · Economic system · Economics · Economy · Epistemology · Fallacy · Materialism · Microeconomics · Neoclassical economics · Originality · Perspective (graphical) · Political science · Positive economics · Production (economics) · Service (business) · Service economy · Social science · Sociology · Value (mathematics) · Value theory · Economic Theory and Institutions · Economic Theory and Policy · Law · Political Economy and Marxism

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Citations per year0.2
Citation span2016 - 2017 (2)
Highly citedNo
Open DOISci-Hub
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