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Into a New Paradigm

  • Oldrich BubakEmail author
  • Henry Jacek
Chapter
  • 84 Downloads

Abstract

The global financial system and its recent crises highlight issues inherent to traditional worldviews in the study and regulation of such systems. While many scholars have long appreciated social and other complex systems had special qualities, it is only recently that elements of a new frame of reference, the complexity paradigm, started to appear in the mainstream scholarship and practice. This chapter familiarizes the reader with complex adaptive systems—at once a concept defining the complexity paradigm and a field of inquiry facilitating it—and discusses their importance. Setting out to place the new thinking and its implications in a larger context, it charts a series of historical debates up to the present intersection. A select overview of complexity research with its questions and answers follows.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  1. 1.Department of Political ScienceMcMaster UniversityHamiltonCanada
  2. 2.Department of Political ScienceMcMaster UniversityHamiltonCanada

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