THE MODERN-POSTMODERN DEBATE IN ECONOMICS AND BUSINESS MANAGEMENT

摘要

Modernism, the dominant approach in the physical and social sciences, is an ongoing process in a continuous state of flux. Postmodernism can be considered to be an extension of modernism. Major points of debate, such as the suspension of space and compression of time as well as the individualization of references did not come about during the last few decades but followed a much longer course of development, influencing the economic aspects all along. While seeking to envisage new theories or paradigms in the fields of economics and business, postmodernist researchers tend to introduce epistemological weaknesses in scientific research.