Debating critical realism in economics

Bibliographic Data

ID4976209
AuthorsBen Fine (0000-0002-4301-0730, corresponding author)
Year2006
Volume30
Issue2
Pages121-129
Publication date2006-07-01
Open AccessYes
TypeARTICLE
VenueCapital & Class (JOURNAL)
Journal identifiersISSN: 0309-8168 • E-ISSN: 2041-0980
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/030981680608900105
OpenAlexW2073780758
LanguageEN
Citations received2
References cited8

While accepting the contribution that critical realism has made in exposing the methodological weaknesses of mainstream economics, this rejoinder to Nielsen and Morgan reasserts the need for critical realism to go much further. In particular, it highlights the need for critical realism's explicit confrontation with-and critique of-economic theory, and the need for it to construct a political economy rooted in the categories of contemporary capitalism. The paper again calls on those who espouse critical realism to undertake the important work of developing a careful exposition of the meanings of structure, relation and tendency, etc., their interrelationships and their historical and social scope and variability-and to provide an explicit account of where critical realism diverges from Marxism and Marxist political economy

Applied economics · Capitalism · Critical theory · Economics · Epistemology · Mainstream · Mainstream economics · Marxist philosophy · Neoclassical economics · Political science · Politics · Positive economics · Realism · Social science · Sociology · Economic Theory and Institutions · Economic Theory and Policy · Law · Philosophy · Political Economy and Marxism

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