IDEAS home Printed from https://ideas.repec.org/a/sae/envira/v32y2000i7p1215-1234.html
   My bibliography  Save this article

Culture, Imaginary, and Rationality in Regional Economic Development

Author

Listed:
  • Richard Peet

    (Graduate School of Geography, Clark University, Worcester, MA 01610-1477, USA)

Abstract

This paper outlines some key terms in a cultural analysis of economic systems. During empirical research I have concluded that radical geography in the tradition of political economy must employ cultural terms such as symbol, imaginary, and rationality. These terms link the material, through experience and interpretation, to the mental—consciousness, intentionality, and rationality. I argue that culture understood as symbolic practice is compatible with historical materialism in the tradition of Gramsci, Thompson, and Williams. The paper applies cultural materialism to the explanation of economic rationalities and developmental logics by drawing on Weberian sociology. These ideas are exemplified by a brief account of the New England moral economy. The paper concludes by calling for a new type of critical inquiry called cultural economy.

Suggested Citation

  • Richard Peet, 2000. "Culture, Imaginary, and Rationality in Regional Economic Development," Environment and Planning A, , vol. 32(7), pages 1215-1234, July.
    • Handle: RePEc:sae:envira:v:32:y:2000:i:7:p:1215-1234
    DOI: 10.1068/a3250
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1068/a3250
    Download Restriction: no
    File URL: https://libkey.io/10.1068/a3250?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Shionoya,Yuichi, 1997. "Schumpeter and the Idea of Social Science," Cambridge Books, Cambridge University Press, number 9780521430340, January.
    2. Naomi R. Lamoreaux, 1994. "Insider Lending: Banks, Personal Connections, and Economic Development in Industrial New England," NBER Books, National Bureau of Economic Research, Inc, number lamo94-1.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ibrahim Ari & Muammer Koc, 2020. "Economic Growth, Public and Private Investment: A Comparative Study of China and the United States," Sustainability, MDPI, vol. 12(6), pages 1-19, March.
    2. Carolyn Cartier, 2002. "Transnational Urbanism in the Reform-era Chinese City: Landscapes from Shenzhen," Urban Studies, Urban Studies Journal Limited, vol. 39(9), pages 1513-1532, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kris James Mitchener & Matthew Jaremski, 2014. "The Evolution of Bank Supervision: Evidence from U.S. States," NBER Working Papers 20603, National Bureau of Economic Research, Inc.
    2. Joshua L. Rosenbloom, 1999. "The Challenges of Economic Maturity: New England, 1880 - 1940," NBER Historical Working Papers 0113, National Bureau of Economic Research, Inc.
    3. Jan Fagerberg, 2003. "Schumpeter and the revival of evolutionary economics: an appraisal of the literature," Journal of Evolutionary Economics, Springer, vol. 13(2), pages 125-159, April.
    4. Harald Hagemann, 2015. "Capitalist development, innovations, business cycles and unemployment: Joseph Alois Schumpeter and Emil Hans Lederer," Journal of Evolutionary Economics, Springer, vol. 25(1), pages 117-131, January.
    5. Peter Koudijs & Laura Salisbury & Gurpal Sran, 2021. "For Richer, for Poorer: Bankers' Liability and Bank Risk in New England, 1867 to 1880," Journal of Finance, American Finance Association, vol. 76(3), pages 1541-1599, June.
    6. Pranab Bardhan, 2005. "Institutions matter, but which ones?," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 13(3), pages 499-532, July.
    7. Gilles Campagnolo & Christel Vivel, 2011. "Power And Entrepreneurship In German Political Economy: The Cases Of Werner Sombart And Friedrich Von Wieser," ICER Working Papers 11-2011, ICER - International Centre for Economic Research.
    8. Hoffman, Philip T. & Postel-Vinay, Gilles & Rosenthal, Jean-Laurent, 2015. "Entry, information, and financial development: A century of competition between French banks and notaries," Explorations in Economic History, Elsevier, vol. 55(C), pages 39-57.
    9. Timothy Guinnane & Jakob Schneebacher, 2018. "Capital Structure and the Choice of Enterprise Form: theory and history," Working Papers 1061, Economic Growth Center, Yale University.
    10. Okazaki, Tetsuji & Sawada, Michiru & Yokoyama, Kazuki, 2005. "Measuring the Extent and Implications of Director Interlocking in the Prewar Japanese Banking Industry," The Journal of Economic History, Cambridge University Press, vol. 65(4), pages 1082-1115, December.
    11. Anne C. Maduka & Kevin O. Onwuka, 2013. "Financial Market Structure and Economic Growth: Evidence from Nigeria Data," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(1), pages 75-98, January.
    12. Michi Nishihara & Takashi Shibata, 2014. "Preemption, leverage, and financing constraints," Review of Financial Economics, John Wiley & Sons, vol. 23(2), pages 75-89, April.
    13. Lucarelli, Stefano & Baron, Hervé, 2014. "On Schumpeter’s 'The Past and Future of Social Sciences'. A Schumpeterian Theory of Scientific Development?," MPRA Paper 60391, University Library of Munich, Germany.
    14. Howard Bodenhorn, 2006. "Bank Chartering and Political Corruption in Antebellum New York. Free Banking as Reform," NBER Chapters, in: Corruption and Reform: Lessons from America's Economic History, pages 231-257, National Bureau of Economic Research, Inc.
    15. Guinnane, Timothy W., 2001. "Delegated Monitors, Large and Small: The Development of Germany's Banking System, 1800-1914," Center Discussion Papers 28447, Yale University, Economic Growth Center.
    16. Andreas Pyka & Uwe Cantner & Alfred Greiner & Thomas Kuhn (ed.), 2009. "Recent Advances in Neo-Schumpeterian Economics," Books, Edward Elgar Publishing, number 12982.
    17. James R. Barth & Gerard Caprio Jr. & Ross Levine, 2001. "Banking Systems around the Globe: Do Regulation and Ownership Affect Performance and Stability?," NBER Chapters, in: Prudential Supervision: What Works and What Doesn't, pages 31-96, National Bureau of Economic Research, Inc.
    18. Makler, Harry M. & Ness, Walter Jr., 2002. "How financial intermediation challenges national sovereignty in emerging markets," The Quarterly Review of Economics and Finance, Elsevier, vol. 42(5), pages 827-851.
    19. Shingo Ishiguro, 2011. "Relationships and Growth," Discussion Papers in Economics and Business 11-31-Rev, Osaka University, Graduate School of Economics, revised May 2013.
    20. Kurt Dopfer, 2012. "The origins of meso economics," Journal of Evolutionary Economics, Springer, vol. 22(1), pages 133-160, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:envira:v:32:y:2000:i:7:p:1215-1234. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.