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Economic phenomenology: fundamentals, principles and definition

Author

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  • Francesco Vigliarolo

    (Catholic University of La Plata, Argentina)

Abstract

One of the tensions in economics, that has spanned the last few centuries, has undoubtedly been the dichotomy between dialectical materialism and idealism, which ended up laying the foundations between structure and superstructure, taking up the important philosophical questions faced in past centuries. This tension also ended up entering the economic visions between determinists/liberalists and interventionists, both engulfed by positivism and mathematical reason that has left out any transcendental dimension. With these assumptions, this article pretends to present the fundamentals of economic phenomenology, a branch of phenomenology that studies economics in the formation of its primary ideas in response to the economic positivism that left any transcendental dimension and questions out of the economics science, such as: what kind of society do we want? In this context, the principles of economic phenomenology take form from the relationship between subject (intention) and materiality, noesis and noema (Noesis is the intention, the subjective dimension. Noema, is the object thought in subjective terms), which always presupposes a concept, an idea that can be interpreted in everyday life. In this direction, it also proposes the presuppositions, the method, some concepts and theories of which economic phenomenology is composed. Among these, the concepts of ontological reason, Peoples rights demand, the meso-economy and the theory of wages in order to interpret the vision of life that underlies economic systems.

Suggested Citation

  • Francesco Vigliarolo, 2020. "Economic phenomenology: fundamentals, principles and definition," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 2(1), pages 418-429, March.
  • Handle: RePEc:ssi:jouird:v:2:y:2020:i:1:p:418-429
    DOI: 10.9770/ird.2020.2.1(2)
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    More about this item

    Keywords

    economics; positivism; phenomenology; theory; ontology;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • N01 - Economic History - - General - - - Development of the Discipline: Historiographical; Sources and Methods
    • P00 - Political Economy and Comparative Economic Systems - - General - - - General

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