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04-Information Sciences Letters
An International Journal
               
 
 
 
 
 
 
 
 
 
 
 
 

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Volumes > Vol. 13 > No. 3

 
   

Reflections of Political Discourse in Economic Dynamics

PP: 683-698
doi:10.18576/isl/130318
Author(s)
Dioneia Motta Monte-Serrat, Maria Vitoria Fabbio Carrocin, Carlo Cattani,
Abstract
In this study, we take an approach to the development of sustainable or consistent economic models, which is described through the interactions between political discourse and economics. We highlight the importance of language in both - political discourse and economy -, as an articulating element from real to monetary factors, and the indescribable characteristic of value, as something that is integrated into the cognitive linguistic process. We show, through a critical look at political and media discourses, that economic theories are different from practice, shedding light on scientific research into the nature of the interpretative value in economic theories. The elusive effects of language on the economy cannot be taken for granted or as ideologically static, because it is precisely the structuring principles of the cognitive linguistic process that act in the construction of information and value. The determinism arising from the legal-political discursive instance, which establishes values in advance through laws, speeches, and narratives, can serve as traps and ambushes for economic transactions. Volatility in transactions is due to the dynamic context of “real” reality rather than idealized reality and both realities can be discerned in the fundamental structure of language. Economic theories synchronized with dynamic reality can change the economic landscape in a way that directs economic models beyond theoretical knowledge. In this way they provide a synergy between theory and practice, merging them into an intuitive model like human cognition.

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