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Theoretical and Applied Economics
No. 11 / 2010 (552)

Reliable-Viable

„Fractalization, as a cognitive and supportive model for the understanding and explaining of the Economics-Politics binomial, slowly begins to reveal both the mysterious confluence between being reliable and being viable (simultaneously and non-contradictory), as well as the influence of transforming the state of rationality by levels of substantiation, meaning one represented by the mechanism of wealth and another by the level of the organism ofpower.”


Today's crisis has revealed that for economic theory, apart from its fundamental inconsistencies, living side by side with political ideologies can only spell failure. Us, the ones from the European Orient, we are somewhat entitled to declare - based on our direct experience with ideology-creating contexts - that in the Economics-Politics functional relationship the winning games are as such because ... Society loses. Sure, the economy loses first, even in both of its guises: that as a theory (Economics) and that as an activity (the economy).

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