Conflict, Interdependence, and Order : An Observation for Integrating J.R. Commons' Concept of Order and Concept of Régulation
This papers' main purpose is to aim at integrating J.R. Commons' concept of order and concept of regulation. To attain it, we will take a few steps for this inivestigation as following. Firstly, we examine features of the regulation concept presented variously in different studies. Secondly, we specify those differences made to the theory of regulation by the differences between the concept of regulation as “institutional compromise” and that as “order”. Thirdly, we point out what is presently lacking in the theory of regulation, by examining closely the concept of “institution” by Commons. Lastly, we emphasis on the importance of the concept of “reasonable value” by Commons to correct the shortcomings of the regulation concept, which will be identified by re-examining the regulation concept from the evolutionary perspective. As the result, we have reached the following conclusions: First, the theory of regulation should not be preoccupied with methodological holism, but adapt the “methodological collectivism.” Next, institutional changes should be discussed from the perspective of evolutionism. The engine of evolution is the diversity of willingness of individuals. This diversity brings about stratification of individual willingness. In turn, the conflict and interdependence between them, and the formation and development of their order bring about evolution. Such a perspective from which to observe “the exercise of willingness and institutional changes due to it” is essential for integrating “economic regulation” which analyzes a historical aspect of the macro-economic structure, and “social regulation" which analyzes the social and the political simultaneously in terms of institution. Lastly, the theory of regulation should be liberated from the illusion of value neutrality.
経済学雑誌 117 (3), 97-125, 2017-02