Published In

Panoeconomicus

Document Type

Article

Publication Date

2016

Subjects

Evolutionary economics, Immanuel Kant (1724-1804), Institutional economics, Deception, William M. Dugger, Thorstein Veblen (1857-1929), Deception -- Philosophy

Abstract

This inquiry seeks to establish the importance of subreption as an approach to economic and social evolution that also proves integral to the tradition of radical institutionalism. We relate subreption’s etymology and appearances in Roman, Canon and Scots Law, as well as in Philosophy, to its applications found in writings advanced by Thorstein Veblen and carried on later as William Dugger details the rise of corporate hegemony. Understood as an approach derivable from selected philosophical writings of Immanuel Kant, in social science subreption is suggested to occur through the introduction of an outside value that sets off a form of institutional evolution that we characteize as an évolution noire. Considering subreption and the rise of big business, we can mark a movement away from a past governed by comparatively noble values and towards a deteriorated, debased and degraded economic and social reality overtly influenced by comparatively ignoble, pecuniary values.

Description

The article is an open access article distributed under the Creative Commons Attribution 4.0 International License (CC BY).

DOI

10.2298/PAN1604475H

Persistent Identifier

https://archives.pdx.edu/ds/psu/27942

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