The Systemic Nature of the Economic Crisis

Arturo Hermann is a Senior Research Fellow at the Italian National Institute of Statistics (ISTAT), Rome, Italy.

I. The Psychoanalytic Approach and its Potential for a Better Understanding of Economic and Social Phenomena 1. The Perspective of Psychoanalysis: An Outline 2. Implications for the Study of Economic and Social Phenomena 3. Psychoanalysis and Social Change 4. Some Controversial Aspects of Psychoanalysis II. The Perspective of Institutional Economics and its Potential for a Better Understanding of Economic and Social Phenomena 5. Institutional Economics: The Historical and Theoretical Framework 6. Veblen’s Evolutionary Perspective 7. Commons’s Theory of Collective Action 8. The Decline of Institutional Economics in the post World War II Period and the New Developments of Today III. The Institutional Analysis of the Market and the Interdisciplinary Approach to Social Evolution 9. The Market in the Heterodox Perspective 10. The Role of "Materialistic" and Psychological Factors in Social Evolution IV. The Economic and Psychological Aspect s of the Crisis of Today 11. The Role of Policy Coordination in Structural Problems 12. Public Spending and Credit Creation as the Drivers of Aggregate Demand 13. Economic and Psychological Implications V. The Structural Transformation of Economic Systems and the Social and Psychological Implications 14. The Structural Tendency of Aggregate Demand To Lag Behind the Aggregate Supply of Full Employment 15. The"Affluent Society" of John Kenneth Galbraith and Its Relevance for the Problems of Today