“Dialectical Contradictions” in the Neoclassical Theory and Policy Regarding Market Competition: The Consumer and His Continuos Burden of Crisis

In spite of the apparent general consensus, both economic theory in abstracto and the political practice in the realm of competition are looked upon from (too) many perspectives. Far from being convergent or even complementary, the “theories” and “policies” are rather contradictory and conflicting “...

Full description

Saved in:
Bibliographic Details
Main Authors: Octavian-Dragomir Jora, Gheorghe Hurduzeu, Mihaela Iacob, Georgiana-Camelia Crețan, Raluca-Elena Hurduzeu
Format: Article
Language:English
Published: Editura ASE 2017-05-01
Series:Amfiteatru Economic
Subjects:
Online Access:http://www.amfiteatrueconomic.ro/temp/Article_2636.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849702384344760320
author Octavian-Dragomir Jora
Gheorghe Hurduzeu
Mihaela Iacob
Georgiana-Camelia Crețan
Raluca-Elena Hurduzeu
author_facet Octavian-Dragomir Jora
Gheorghe Hurduzeu
Mihaela Iacob
Georgiana-Camelia Crețan
Raluca-Elena Hurduzeu
author_sort Octavian-Dragomir Jora
collection DOAJ
description In spite of the apparent general consensus, both economic theory in abstracto and the political practice in the realm of competition are looked upon from (too) many perspectives. Far from being convergent or even complementary, the “theories” and “policies” are rather contradictory and conflicting “in” and “between” them. Nominally subsumed to the “consumer welfare”, the praise of competition and of its disciplinary power within the market economy (and twistingly even within the socialist one) has experienced between the eras of “classical” and “neoclassical” economic science a subtle transition from the paradigm of “freedom” to that of “perfection”. And the transition was accomplished with a significant risk of loss both in internal consistency and realistic adequacy, which undergo the fictional methodology as well as the mathematical formalism, endemic in the neoclassical approach. The tension inside the theorizing of competition cohabits with the one inside the policies’ camp: the regulations often seem to be at odds with the stated commitment towards the consumers (seen holistically and aggregately). Some of the real “flesh and blood” consumers become in fact passive objects of “pro-competition” coercive rearrangements of welfare in three hypostases that individuals (though unevenly) subsume: as “consumers” (of goods and services), as “competitors” (factors of production in labour markets) and as “citizens” (asymmetrically hit by the myriad of policies). This paper offers an “original recovery” of a common sense argument: after the mainstream imposition of “perfect” instead of “free” competition standard, the neoclassicism-inspired public policies end up promoting a competition climate heavily strained from both freedom and perfection.
format Article
id doaj-art-275877d31bdf4290b2df07e4520aa5cd
institution DOAJ
issn 1582-9146
2247-9104
language English
publishDate 2017-05-01
publisher Editura ASE
record_format Article
series Amfiteatru Economic
spelling doaj-art-275877d31bdf4290b2df07e4520aa5cd2025-08-20T03:17:40ZengEditura ASEAmfiteatru Economic1582-91462247-91042017-05-011945544565“Dialectical Contradictions” in the Neoclassical Theory and Policy Regarding Market Competition: The Consumer and His Continuos Burden of CrisisOctavian-Dragomir Jora0Gheorghe Hurduzeu1Mihaela Iacob2Georgiana-Camelia Crețan 3Raluca-Elena Hurduzeu 4Bucharest University of Economic StudiesThe Bucharest University of Economic Studies, RomaniaThe Bucharest University of Economic Studies, RomaniaThe Bucharest University of Economic Studies, RomaniaThe Bucharest University of Economic Studies, RomaniaIn spite of the apparent general consensus, both economic theory in abstracto and the political practice in the realm of competition are looked upon from (too) many perspectives. Far from being convergent or even complementary, the “theories” and “policies” are rather contradictory and conflicting “in” and “between” them. Nominally subsumed to the “consumer welfare”, the praise of competition and of its disciplinary power within the market economy (and twistingly even within the socialist one) has experienced between the eras of “classical” and “neoclassical” economic science a subtle transition from the paradigm of “freedom” to that of “perfection”. And the transition was accomplished with a significant risk of loss both in internal consistency and realistic adequacy, which undergo the fictional methodology as well as the mathematical formalism, endemic in the neoclassical approach. The tension inside the theorizing of competition cohabits with the one inside the policies’ camp: the regulations often seem to be at odds with the stated commitment towards the consumers (seen holistically and aggregately). Some of the real “flesh and blood” consumers become in fact passive objects of “pro-competition” coercive rearrangements of welfare in three hypostases that individuals (though unevenly) subsume: as “consumers” (of goods and services), as “competitors” (factors of production in labour markets) and as “citizens” (asymmetrically hit by the myriad of policies). This paper offers an “original recovery” of a common sense argument: after the mainstream imposition of “perfect” instead of “free” competition standard, the neoclassicism-inspired public policies end up promoting a competition climate heavily strained from both freedom and perfection.http://www.amfiteatrueconomic.ro/temp/Article_2636.pdffree competitionperfect competitionconsumerpublic policies
spellingShingle Octavian-Dragomir Jora
Gheorghe Hurduzeu
Mihaela Iacob
Georgiana-Camelia Crețan
Raluca-Elena Hurduzeu
“Dialectical Contradictions” in the Neoclassical Theory and Policy Regarding Market Competition: The Consumer and His Continuos Burden of Crisis
Amfiteatru Economic
free competition
perfect competition
consumer
public policies
title “Dialectical Contradictions” in the Neoclassical Theory and Policy Regarding Market Competition: The Consumer and His Continuos Burden of Crisis
title_full “Dialectical Contradictions” in the Neoclassical Theory and Policy Regarding Market Competition: The Consumer and His Continuos Burden of Crisis
title_fullStr “Dialectical Contradictions” in the Neoclassical Theory and Policy Regarding Market Competition: The Consumer and His Continuos Burden of Crisis
title_full_unstemmed “Dialectical Contradictions” in the Neoclassical Theory and Policy Regarding Market Competition: The Consumer and His Continuos Burden of Crisis
title_short “Dialectical Contradictions” in the Neoclassical Theory and Policy Regarding Market Competition: The Consumer and His Continuos Burden of Crisis
title_sort dialectical contradictions in the neoclassical theory and policy regarding market competition the consumer and his continuos burden of crisis
topic free competition
perfect competition
consumer
public policies
url http://www.amfiteatrueconomic.ro/temp/Article_2636.pdf
work_keys_str_mv AT octaviandragomirjora dialecticalcontradictionsintheneoclassicaltheoryandpolicyregardingmarketcompetitiontheconsumerandhiscontinuosburdenofcrisis
AT gheorghehurduzeu dialecticalcontradictionsintheneoclassicaltheoryandpolicyregardingmarketcompetitiontheconsumerandhiscontinuosburdenofcrisis
AT mihaelaiacob dialecticalcontradictionsintheneoclassicaltheoryandpolicyregardingmarketcompetitiontheconsumerandhiscontinuosburdenofcrisis
AT georgianacameliacretan dialecticalcontradictionsintheneoclassicaltheoryandpolicyregardingmarketcompetitiontheconsumerandhiscontinuosburdenofcrisis
AT ralucaelenahurduzeu dialecticalcontradictionsintheneoclassicaltheoryandpolicyregardingmarketcompetitiontheconsumerandhiscontinuosburdenofcrisis