In this ambitious book, the authors challenge mainstream
economic theory by reconsidering the principle of individualism as
its foundation. They refer to that version which fails to recognize
the existence of the interests of society as such, and thus
excludes the role of the state as an independent market player
seeking to realize these interests. The outcome is a new
theoretical concept called "Economic Sociodynamics." The book
reveals this concept in detail, in particular its key notions of
the sociodynamic multiplier and the rational behavior of the
state.
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