Intangible flow theory

Tiago Cardao-Pito

Research output: Contribution to journalArticle

7 Citations (Scopus)

Abstract

The intangible flow theory explains that flows of economic material elements (such as physical goods; or cash) are consummated by human related intangible flows (such as work flows; service flows; information flows; or communicational flows) that cannot be precisely appraised at an actual or approximate value, and have properties precluding them from being classified as assets or capitals. Therefore, although mathematical/quantitative research methodologies are very relevant for science, they are insufficient to study economy and society. Due to its prejudice against non mathematical/quantitative scientific reasoning, neo-classic economics could not be technologically prepared to reach the intangible flow dynamics of economic phenomena. Furthermore, the neo-classic solution to call people human assets or human capital, besides being ethically very questionable, offers performative non-scientific metaphors that intervene in the production of the reality they claim to represent; and sabotages the study of well delimited research questions by scientific approaches outside the realm of neoclassic economics.
LanguageEnglish
Pages328-353
Number of pages26
JournalAmerican Journal of Economics and Sociology
Volume71
Issue number2
DOIs
Publication statusPublished - Apr 2011

Fingerprint

economics
assets
sabotage
information flow
quantitative research
workflow
prejudice
human capital
metaphor
economy
Intangibles
methodology
science
Values
Economics
Assets
Society
Information flow
Quantitative research
Sabotage

Keywords

  • intangible flow
  • materiality
  • intangibility
  • human capital
  • embeddedness
  • performativity

Cite this

Cardao-Pito, Tiago. / Intangible flow theory. In: American Journal of Economics and Sociology . 2011 ; Vol. 71, No. 2. pp. 328-353.
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Intangible flow theory. / Cardao-Pito, Tiago.

In: American Journal of Economics and Sociology , Vol. 71, No. 2, 04.2011, p. 328-353.

Research output: Contribution to journalArticle

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