Theorie der Gesamtheit

English translation: theory of the economy as a whole

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Theorie der Gesamtheit
English translation:theory of the economy as a whole
Entered by: interpr8er

12:02 Sep 26, 2008
German to English translations [PRO]
Bus/Financial - Economics / Keynes
German term or phrase: Theorie der Gesamtheit
"Besteht laut Keynes der wesentliche Unterschied zwischen der Theorie des Verhaltens des Einzelnen und des wirtscahftlichen Verhaltens der Gesamtheit darin, dass be ersterer die Nachfrage des Enzelnen ein Einkommen nicht beeinflussen kann, während es nach der Theorie der Gesamtheit sehr wohl der Fall ist."

I translated: "...for the first, the indivual's demand cannot influence his income, whereas according to the Theory of the Whole, this is certainly the case." Maybe "the Economy as a Whole"?
Susan Welsh
United States
Local time: 10:51
theory of the economy as a whole
Explanation:
I agree with you: the economy as a whole: a macroeconomics related concept which fits perfectly here!

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Note added at 4 hrs (2008-09-26 16:57:14 GMT)
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http://209.85.135.104/search?q=cache:sfG84lcq7-0J:www.unipi....
Selected response from:

interpr8er
Local time: 15:51
Grading comment
Thanks for providing the reference, and thanks to you too, Helen.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1theory of totality
Helen Shiner
4theory of the economy as a whole
interpr8er


  

Answers


9 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
theory of totality


Explanation:
This would be my first instinct.

One could argue that how one conceives the relationship between the individual and society is the most fundamental decision of any social theory. This decision not only structures the manner in which theories apprehend the relationship between theory and the world (the epistemological issue), but also the ways in which the basic elements of a theory are causally related (the methodological issue). In economics, neoclassical economics is perhaps the best example of a theoretical approach that is based on what I will describe briefly below as the Cartesian totality, where parts are given independent to and prior to the social whole. Neo-Ricardian economic theory and some parts of Marxian theory, especially that approach now known as "Analytical Marxism, " are also based on the Cartesian totality. Classical Marxism and traditional Keynesian theory, as well as the older historicist economics, are examples of economic theories based on what I call the Hegelian totality, where the social whole is understood as ontologically prior to the individual agents.

http://findarticles.com/p/articles/mi_qa5437/is_199912/ai_n2...

Helen Shiner
United Kingdom
Local time: 14:51
Native speaker of: English
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  babli: agree
9 mins
  -> Thank you, babli
Login to enter a peer comment (or grade)

4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
theory of the economy as a whole


Explanation:
I agree with you: the economy as a whole: a macroeconomics related concept which fits perfectly here!

--------------------------------------------------
Note added at 4 hrs (2008-09-26 16:57:14 GMT)
--------------------------------------------------

http://209.85.135.104/search?q=cache:sfG84lcq7-0J:www.unipi....


interpr8er
Local time: 15:51
Works in field
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 4
Grading comment
Thanks for providing the reference, and thanks to you too, Helen.
Login to enter a peer comment (or grade)



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