The Process Centred World View
Our discourse in social and economic thought in Chapter 1 points out that epistemological questions have played key role in the rise of revolutionary paradigms at every juncture of economic history (von Mises 1976). In this context, it can be inferred that epistemology will continue to play the distinct role in the rise of revolutionary doctrines and world view in the future as well. The new generation of social scientists confronted by a new generation of global issues that are embedded in a wide mix of ethical, institutional, political, social and economic forces impinging upon market transformation, must therefore be searching for a new epistemology in social and economic reasoning.
KeywordsInner Core World View Knowledge Flow Structural Dualism Ethical Exogeneity
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- 1.Von Mises, L. 1976. The Ultimate Foundation of Economic Science (Kansas City, Kansas: Sheed, Andrews & McMeel Inc.).Google Scholar
- 2.Among these are Immanuel Kant, Adam Smith, John Steuart Mill, John Locke, F.A. Hayek, Keynes to name a few in the socioeconomic field.Google Scholar
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