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Theoretical and Applied Economics
No. 2 / 2011 (555)

The Confusion of Methods

„Wealth is an individual goal, disputed in an inter-subjective transactional context, certified by efficiency. When it turns into a political goal, wealth becomes a referendum theme resolved by the counting of votes.”

Among the most perverse forms of pragmatism, the top-down change of the order stands out from afar. In its present form, top-down change has become the natural expression of politics. The understanding of things seems to stem from reason only where reason is a means of convincing us that the explanation of the possible is the same as the possibility of antinomically defining reality.

It's in this manner that, in the preceding years of economic crisis, the themes of individualism and the market came to be comfortably tolerated as indicated by the acceptance of solutions suggested by the antinomic themes of interventionism, in order to save the market from its own excesses and to invest public funds in the resuscitation of the imminent egoism in the functioning of competitive markets. What conceals the lack of ideological coherence, as well as that of epistemic consistency, is the appeal to the Enlightenment process of offering change, originating in Aristotelian philotheistic thinking, where order is the expression of vertical dependence.

Regardless of the horizon of significances used in sustaining the motivations of political ideologies pertaining to the solutions to this crisis, the offer is ultimately identical: the individualists (in the role of market fundamentalists) cancel the public economy's debt of covering the failures of the private economy, while the interventionists (in the role of strategic planners) are adhering to cleaning the market through the temporary nationalization of losses.

We find ourselves in the exceptional circumstance of obtaining the same result through diametrically opposed methods of dealing with the problems of the economy. But the accepted result is predefined, and its consequence is the actual reformulation of the problem. In other words, the result is to the antinomic political ideologies a fixed given, the only thing left to do being the repositioning of the terms of the problem.

Changing the problem of the economy in order to reach the established result is the source of the prolonging of the crisis, and may even bring about the possibility of making it a permanent crisis. Providentially, for the demiurgic ambitions of political ideologies, the crisis saves them from allocating too large a resource for an identity of scope, after giving them the chance for cutting the costs for methodological identity to the maximum. Top-down change thus became the correct path.

It came to the point where the methods which have shaped for three centuries the mistaken path of antinomic identities, have been discarded in the wastebasket of inefficient social control. In a simple manner, political ideologies have gathered under the flag of the pragmatic principle of "the end justifies the means". After all, the direct expression of the goal of power are the methods for controlling liberty, and they - just like money - have no smell, although they can have colors, forms, and various sources. The common methodological background of political ideologies, highlighted by the crisis, needs though the reproductive framework of the crisis. If there were a premise for imagining the conclusion of the crisis, this situation can only entail for political ideologies the acceptance of some - rather derisory - costs, while expecting the inverse effects of the methods used for coming out of the crisis: the immediate spillover into another crisis.

Around the methods of the top-down change and of erasing the identity of means, which are called upon by political ideologies during a crisis, there is a stimulated silence which holds a double cause: on the one hand, the fear that in the end the presence of political ideologies in the perimeter of economicity will be shown to be unnatural, and on the other hand, the gross disparity in the means utilized for a purpose which does not belong to economicity. And this because holding political power by any means justifies the interest in the individual control of the circuits of wealth, whereas the purpose of economicity is to be a means for inter-subjectively opening access to the same circuits.

Political power wants the control of wealth, when wealth is the object of a different dispute, that of legitimacy imparted by productiveness and not one of political whims. Wealth is an individual goal disputed in an inter-subjective context certified by efficiency. When it turns into a political goal, wealth becomes a referendum theme resolved by the counting of votes.

The greatest enemy of Economics is Political Economics. The top-down management of the economy is the consequence of the universal preference for political ideologies for the crisis, as only this makes top-down change possible.


Contents

The Confusion of Methods
Marin Dinu
1

Economics of Sustainable Development. Competitiveness and Economic Growth

Dorel AILENEI · Liviu-Cosmin MOSORA

2

The Particularities of the Economic Crisis in the Knowledge-Based Society

Ion IVAN · Marius POPA · Dragoş PALAGHITA · Bogdan VINTILĂ · Mihai DOINEA

3

Adverse Selection Models with Three States of Nature

Daniela MARINESCU · Dumitru MARIN

4

Sustaining an Effective ABC-ABM System

Gary COKINS · Sorinel CĂPUŞNEANU

5

Consequences of the Budget Deficit in the Current Crisis in Romania. Implications on the Labor Market

Gabriela MOLĂNESCU · Mirela Ionela ACELEANU

6

Portfolio Risk Analysis using ARCH and GARCH Models in the Context of the Global Financial Crisis

Oana Mădălina PREDESCU · Stelian STANCU

7

Costs of Adopting a Common European Currency. Analysis in Terms of the Optimum Currency Areas Theory

Aura Gabriela SOCOL

8

The Effects of Economic Geography on Education in Romania

Jesús LÓPEZ-RODRÍGUEZ · Andres FAIÑA · Cosmin-Gabriel BOLEA

9

Statistical – Econometric Analysis of the Correlations between the Social Security Budget and the Main Macroeconomic Aggregates in Romania

Emilia ŢIŢAN · Cristina BOBOC · Simona GHIŢĂ · Daniela TODOSE

10

Effects of the Current Economic Crisis on the Fiscal Variables in EU Countries

Iulian Viorel BRAŞOVEANU · Laura Obreja BRAŞOVEANU

11

The Image of the Tourism Destination – a Supporting Element in the Development of the Regional Tourism Brand Study Case: Muntenia

Aurelia-Felicia STĂNCIOIU · Nicolae TEODORESCU · Ion PÂRGARU · Anca-Daniela VLĂDOI · Codruţa BĂLTESCU

12

Economic Crises and the Complexity of Animal Spirits Modeling

Grigore PIROŞCĂ

13

An Epistemological Perspective on the Quality of Life Concept

George ŞERBAN-OPRESCU

14

The Natural Rate of Unemployment and its Implications for Economic Policy

Monica DOBRESCU · Claudia PAICU · Silvia IACOB

15

Estimation of Inflationary Expectations and the Effectiveness of Inflation Targeting Strategy

Amalia CRISTESCU · Mădălina Ecaterina ANDREICA

16

The Impact of Investments and Gross Value Added upon Earnings

Larisa APARASCHIVEI · Maria Denisa VASILESCU · Nicolae CĂTĂNICIU