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Other schools of economic thought, such as new classical macroeconomics, [citation needed] hold that countercyclical policies may be counterproductive or destabilizing, and therefore favor a laissez-faire fiscal policy as a better method for maintaining an overall robust economy. When the government adopts a countercyclical fiscal policy in ...
Marx and Keynesians approach and apply the concept of economic crisis in distinct and opposite ways. [68] The Keynesian approach attempts to stay strictly within the economic sphere and describes 'boom' and 'bust' cycles that balance out.
G. W. Trompf describes various historic paradigms of historic recurrence, including paradigms that view types of large-scale historic phenomena variously as "cyclical"; "fluctuant"; "reciprocal"; "re-enacted"; or "revived". [14] He also notes "[t]he view proceeding from a belief in the uniformity of human nature [Trompf's emphasis]. It holds ...
Social cycle theories are among the earliest social theories in sociology.Unlike the theory of social evolutionism, which views the evolution of society and human history as progressing in some new, unique direction(s), sociological cycle theory argues that events and stages of society and history generally repeat themselves in cycles.
Cyclical fluctuations also have a profound effect on cross-national comparisons of economic growth and societal development in the medium and long run. What seemed like spectacular long-run growth may in the end turn out to be just a short run cyclical spurt after a long recession. Cycle time plays an important role.
Current Sociology is a bimonthly peer-reviewed academic journal covering the field of sociology. It is an official journal of the International Sociological Association [ 1 ] and is published on their behalf by SAGE Publications It was established in 1952.
In sociology, anomie or anomy (/ ˈ æ n ə m i /) is a social condition defined by an uprooting or breakdown of any moral values, standards or guidance for individuals to follow. [1] [2] Anomie is believed to possibly evolve from conflict of belief systems [3] and causes breakdown of social bonds between an individual and the community (both economic and primary socialization).
In sociology, rationalization is the process whereby an increasing number of social actions become based on considerations of teleological efficiency or calculation rather than on motivations derived from morality, emotion, custom, or tradition.