Viewing the power by the dilemma of heterodox- orthodox economics

Abstract

Orthodox economics, which is meant as domination in education of economics, in politics, and in economical institution of neo-classical economics, targets power at the same time. If an idea is surrounded by its very own acknowledgement in every field of social life, it can be explained by ‘power’ statement. However, critical approaches have great influence to debate the power of orthodox economics in economical field. Because the conflict point of these two approaches start whether both are accepted to be criticised or not. The origin of this criticism is surrounded by the main reference point of political economics. The conflict reasons; consequences of orthodox-heterodox economics cannot be explained by attributing substructure of critical economics. Firstly, Michel Foucault’s ‘power’ statement should determine the route, secondly, Louis Althusser’s ‘ideology’, thirdly, Antonio Gramsci’s ‘hegemony’ concepts should determine the essence of criticise. Consequently, if economical description is changed by another view, crisis may be resolved as well.