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Critical realism, Marxism and the critique of neoclassical economics

Bibliographic Data

ID3833120
AuthorsBrian O''Boyle (St Angela's College, Ireland), Brian O'Boyle (St Angela's College, Ireland,), Brian O’Boyle (corresponding author), Terrence Mcdonough (Ollscoil na Gaillimhe – University of Galway)
Year2011
Volume35
Issue1
Pages3-22
Publication date2011-02-01
Open AccessYes
TypeARTICLE
VenueCapital & Class (JOURNAL)
Journal identifiersISSN: 0309-8168 • E-ISSN: 2041-0980
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0309816810392963
OpenAlexW2033842025
LanguageEN
Citations received3
References cited20

This paper argues that while critical realist insights are important for heterodoxy, any engagement with the economic mainstream must remain faithful to Bhaskar's original formulation with its explicit focus on 'ideology critique'. The article proceeds by distinguishing Bhaskar's more Marxian-inspired realism from the broadly heterodox variety of the 'critical realism in economics' (CRE) project. It then highlights the weaknesses of the CRE critique of the economic mainstream before positing an alternative critique in terms of ideology

Applied economics · Critical realism (philosophy of perception · Economics · Epistemology · Heterodox economics · Heterodoxy · Ideology · Mainstream · Mainstream economics · Neoclassical economics · Orthodoxy · Political science · Politics · Positive economics · Realism · Sociology · Variety (cybernetics · Critical Realism in Sociology · Economic Theory and Institutions · Political Economy and Marxism · Law · Philosophy

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Citations per year0.27
Citation span2015 - 2019 (5)
Highly citedNo

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