Page 56 - Sustainable Cities and Communities Design Handbook

Chapter 3

Cross-Disciplinary Scientific

Foundation for Sustainability:
Qualitative Economics

1
Michael Fast , Woodrow W. Clark, II 2
1 2
Aalborg University, Aalborg, Denmark; Clark Strategic Partners, Beverly Hills, CA, United
States

Chapter Outline
The Paradigm Shift: Economics as a Organizing: Dynamism of the Firm 48
Science 36 Intersubjectivity and the
Subjectivism Paradigm: Lifeworld Organizational Approach 49
Perspective and Symbolic The Actors’ Experiential Space:
Interactionism 40 Organizational Lifeworld 51
Philosophy of Science 40 Constituting of the Organizational
Phenomenology: The Tradition of Activities and of the “Firm” 52
the Lifeworld Perspective 41 The Actors’ Development
Symbolic Interactionism: In the Capability 54
Subjectivist Theoretical Paradigm 43 Organizing and the Organizational
Transformational Linguistics: Paradigm 55
Economic Rules of Formalism in Actor’s Extension of the
Business Practices 46 Experiential Space 56
Qualitative Economics: Toward a Summary 56
Science of Economics 47 References 59
Organizing: Fitting Together of Further Reading 61
Lines of Activities and Actions 48

We need to understand everyday interactions as “qualitative economics” as
they have their roots in the historical, subjectivist, and philosophical tradition.
As a starting point, we use the philosophy of science perspective and analysis.
As the 21st century moves rapidly into a new economic era, there is a need to
examine the ontological roots of economics as people, organizations,
environment, and business to understand the local and global economies of

Sustainable Cities and Communities Design Handbook. https://doi.org/10.1016/B978-0-12-813964-6.00003-3
Copyright © 2018 Elsevier Inc. All rights reserved. 33