Journal of Critical Realism in Socio-Economic (JOCRISE)
Vol. 1 No. 2 (2023): Search for the Socio-Scientific Core of Critical Realism

Critical Thinking: A Prerequisite for a New Economics Paradigm

simon mouatt (University of Chichester)



Article Info

Publish Date
16 Feb 2023

Abstract

In this paper I posit that most of the serious existential crises faced by humanity are, directly or indirectly, derived from a flawed, yet surprisingly resilient, economic philosophy. The free-market system has certainly produced some benefits, which may counterbalance some of its detrimental impact, but given the persistence of euphemistic and managed narratives in the mainstream political, academic, and media realms, most critical debate is stifled. The paper suggests that it is imperative for the extant research paradigm to be first fully critiqued, then transformed, and finally adopted by the political classes. If a new paradigm gains sufficient traction, however, it will have succeeded where the neoliberal critics of the last fifty years have failed. This paper hopes to offer people fresh insight into this hitherto insurmountable problem.

Copyrights © 2023






Journal Info

Abbrev

JOCRISE

Publisher

Subject

Religion Humanities Economics, Econometrics & Finance Social Sciences

Description

The objective of JOCRISE as a scholarly bedrock of critical thinking in socio-economic issues and problems comprises abstraction derived from the ontological premise and mapped into the continuum of the socio-economic learning system by the ontological being and becoming of logical formalism. ...