2021
DOI: 10.3390/su13031468
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History, Knowledge, and Sustainable Economic Development: The Contribution of John Stuart Mill’s Grand Stage Theory

Abstract: The aim of this paper is to sketch out the idea for a grand theory in development studies as the necessary research field for fruitful historical interdisciplinary, arguing that Mill’s stage theory provides such a powerful theoretical framework able to contextualize, develop, and integrate the multiple, diverse, and middle-range contemporary strands in development studies. Second, an attempt is made to reconstitute Mill’s stages theory of economic development placing it at the center of his political economy. … Show more

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Cited by 50 publications
(25 citation statements)
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“…Visibility on the market and technology changes drive the importance of knowledge in the long-term economic growth perspective. According to Mill in Meramveliotakis and Manioudis [54], the diffusion and utilization of knowledge is essential for promoting social, political, and economic development. Utilizing knowledge is vital in directing market share and in accelerating entrepreneurial creativity.…”
Section: Discussionmentioning
confidence: 99%
“…Visibility on the market and technology changes drive the importance of knowledge in the long-term economic growth perspective. According to Mill in Meramveliotakis and Manioudis [54], the diffusion and utilization of knowledge is essential for promoting social, political, and economic development. Utilizing knowledge is vital in directing market share and in accelerating entrepreneurial creativity.…”
Section: Discussionmentioning
confidence: 99%
“…The discussion of sustainable development and how knowledge (human capital) is related to it is a vital one to have. The authors of [21] seek to introduce a comprehensive theory in development studies by utilising Mill's stage theory. The theory places a strong emphasis on how knowledge, innovation, and nature interact to generate economic change.…”
Section: Literature Review: Relevant Landscape-resource Efficiency Ma...mentioning
confidence: 99%
“…The need for historical depth in economic analysis to comprehend current events and the significance of interdisciplinary approaches that integrate different factors shaping economic development, such as economics, sociology, politics, and psychology, are emerging as two imperatives for economic science and development studies. The authors claim that Mill's theory could clarify the ways in which cultures and their economic systems have changed historically, as well as how knowledge, innovation, nature, and culture have shaped modern economies [21].…”
Section: Literature Review: Relevant Landscape-resource Efficiency Ma...mentioning
confidence: 99%
“…The regular and comprehensive communication of public health information is an important step in containing the spread of COVID-19, protecting people at risk of serious complications or death, and reducing the burden on the health system [ 1 ]. Diffusion of knowledge, especially about the COVID-19 virus, is also critical to promoting social, political, and economic development [ 2 ]. The COVID-19 pandemic created an infodemic [ 3 ], where a vast amount of information, including misinformation and disinformation, spread rapidly and impeded effective crisis management [ 4 , 5 ].…”
Section: Introductionmentioning
confidence: 99%