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The economics of utopia: a co-evolutionary model of ideas, citizenship and socio-political change

journal contribution
posted on 2024-11-02, 03:58 authored by Isabel Almudi, Francisco Fatas-Villafranca, Luis Izquierdo, Jason Potts
We propose a new history-friendly approach to evolutionary socio-economic dynamics based around competition between five 'utopias' as central ideas about which to order society: capitalism, socialism, civil liberty, nature, and nationalism. In our model, citizens contribute economic resources to support their preferred utopia, and societal dynamics are explained as a co-evolutionary process between these competing utopias. We apply the model to analyze certain aspects of socio-economic and political change in the US from the 1960s-present. We carry out a history-friendly analysis inspired by such episodes as the outbreak of civil movements in the 1970s, the rise of neo-liberalism in the 1980s, and the channels through which America has engendered an 'age of fracture'. Further applications for empirical and theoretical research are suggested.

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Related Materials

  1. 1.
    DOI - Is published in 10.1007/s00191-017-0507-7
  2. 2.
    ISSN - Is published in 09369937

Journal

Journal of Evolutionary Economics

Volume

27

Issue

4

Start page

629

End page

662

Total pages

34

Publisher

Springer

Place published

Germany

Language

English

Copyright

© Springer-Verlag Berlin Heidelberg 2017

Former Identifier

2006074726

Esploro creation date

2020-06-22

Fedora creation date

2018-09-21

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