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The Fallacy of the Service Economy: A Materialist Perspective
Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL).ORCID iD: 0000-0002-2427-3148
2012 (English)In: European Business Review, ISSN 0955-534X, E-ISSN 1758-7107, Vol. 24, no 4, p. 308-319Article in journal (Refereed) Published
Abstract [en]

The purpose of this article, which is tradition of critical theory, is to present a number of reasons for preserving a strong production economy given that the aim of the nation state is to work for improved competitive advantage. The critical theory approach is used in this paper. The paper is also an attempt to show why a majority of Western countries have defended the transformation from a predominant production economy to a service economy by explaining the shift as a result of class interests, using new class theory. It argues for why a materialist perspective in economic theory is relevant today. The Western world should focus more on the production economy and less on the service economy. To the author's knowledge, no other paper has gathered as many arguments on the issue before. © 2012, Emerald Group Publishing Limited

Place, publisher, year, edition, pages
Bingley: Emerald Group Publishing Limited, 2012. Vol. 24, no 4, p. 308-319
Keywords [en]
Economics, Geoeconomics, Gross domestic product, Materialist perspective, New class theory, Production economy, Service economy
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hh:diva-20082DOI: 10.1108/09555341211242123Scopus ID: 2-s2.0-84863456466OAI: oai:DiVA.org:hh-20082DiVA, id: diva2:575487
Available from: 2012-12-10 Created: 2012-12-10 Last updated: 2017-04-24Bibliographically approved

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Solberg Søilen, Klaus

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CiteExportLink to record
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Citation style
  • apa
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  • de-DE
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  • Other locale
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Output format
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  • asciidoc
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