1993/07/01 by Patricia M. Shields · 2 citations
Economics, Econometrics and Finance · #Defense, Military, and Policy Studies
paper · doi:10.1177/0095327x9301900403
openalex publication_date 1993/07/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/22
Socioeconomics is a new, more moral economic theory developed by Amitai Etzioni. Its purpose is to replace neoclassical economics. This article advocates socioeconomics as a paradigm for military policy and begins by showing how neoclassical economics has influenced military policy. Criticisms of the neoclassical approach by military sociologists are reviewed. Socioeconomics is briefly explained, key elements of the two models are compared, and socioeconomics is applied to the military. Socioeconomics shed light on both the careerism vs. professionalism and leadership vs. management debates. Moskos's I-O model, is also an application of socioeconomics.