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Cross-Disciplinary Scientific Foundation for Sustainability Chapter j 3  41


             our discussion hits directly at the heart or core of what Western industrialized
             capitalism has become today through an in-depth analysis of the philosophical
             and historical roots of science.
                Our argument is that the objectivism paradigm in science became the
             dominant one with its theories and arguments for rationalism, empiricism, and
             ultimately quantification of social phenomena. In short, numbers without
             meaning and definition became economics. The objectivist paradigm has
             prevailed for over a century throughout other social sciences as well. The
             impact on business economics has led to a reductionist approach in theory and
             methods that dictates how economic and business analyses are conducted.
                Another paradigm that is an alternative in philosophy is subjectivism.
             Through the Lifeworld tradition, this paradigm forms the basis for qualitative
             economics. Herein emanates the focus on Lifeworld, everyday life, symbolic
             interactionism, and the use of interpretative theories and qualitative methods
             that are missing today in business economics and business studies. Moreover,
             economics becomes a science when qualitative theories, data, and methods are
             used because actors, events, groups, surroundings, and their interactions can be
             constructed into hypotheses, which are tested, described, explained, and
             analyzed. The outcome can be laws and rules used for forecast and prediction.
             In short, economics becomes a science.


             Phenomenology: The Tradition of the Lifeworld Perspective
             Central in our discussion of a new perspective on economics is phenome-
             nology. The connection of individuals in interaction is one of the cornerstones
             to understand the development of the firm. The present and past actions and
             interactions of people within any situation define an organization. As Fast
             (1993) argues, the very definition of an organization, firm, or company is the
             sum of all its past, present, and future actions interpreted by the actors and
             attached meanings. Consequently, understanding a company can be seen in the
             actors’ actions and interactions among the people who comprise it. To
             understand how organizations operate in a regional, national, or international
             context, it is critical to analyze its interactions within itself and with other
             organizations.
                Any organization can be understood through the actors who by their
             actions and knowledge create the everyday life of any firm. The actions and
             interactions exist in a context that is created by the actor through his actions.
             The action is related to the actors’ concrete understanding of the situation and
             his context of meanings (Blumer, 1969; Schutz, 1972; Mead, 1934; Brown,
             1978; Jehenson, 1978). Actors have motives and definitions of situations that
             make their social world into an inner logic.
                Knowledge can be understood as motion picture of reality: experiences and
             information are produced through actions and transformed (by interpretation
             and retrospection) to the knowledge that the actors experience as useful and
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