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Conclusion

In: Principles of Institutional and Evolutionary Political Economy

Author

Listed:
  • Phillip Anthony O’Hara

    (Global Political Economy Research Unit)

Abstract

This volume introduces the issue of institutional and evolutionary principles in two chapters, one on the history (Chap. 2 ), and a second a specific view of contemporary principles for use in this book (Chap. 3 ). The purpose of these Chaps. 2 and 3 is to outline the conceptual edifice to lay the groundwork for later chapters on the application of the principles. The main conclusions of Chaps. 2 and 3 are that there is a set of core general principles (associated with core general concepts), what we call “O’Hara’s principles of political economy”, including (1) historical specificity and evolution, (2) hegemony and uneven development, (3) heterogeneous groups and agents, (4) circular and cumulative causation, (5) contradiction, (6) uncertainty, (7) innovation, plus (8) policy and governance. Certain explicit core principles are then applied to current world problems, such as the coronacrisis (Chap. 4), climate change (Chap. 5), corruption (Chap. 6), AI-robotics (Chap. 7), policy-governance (Chap. 8), money and financial instability (Chap. 9), terrorism and the war on terrorism (Chap. 10), HIV-AIDS (Chap. 11), plus love capital and the nurturance gap (Chap. 12). This conclusion (Chap 13) is followed by a Glossary and Index.

Suggested Citation

  • Phillip Anthony O’Hara, 2022. "Conclusion," Springer Texts in Business and Economics, in: Principles of Institutional and Evolutionary Political Economy, chapter 13, pages 385-388, Springer.
    • Handle: RePEc:spr:sptchp:978-981-19-4158-0_13
    DOI: 10.1007/978-981-19-4158-0_13
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