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Social dualism
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In [[sociology]] and [[economics]], '''Social dualism''' is a theory developed by economist Julius Herman Boeke which characterizes a society in the economic sense by the social spirit, the organisational forms and the technique dominating it.<ref name=dual-economy>{{cite web|url=http://www.economyprofessor.com/economictheories/dual-economy-theory.php|publisher=Ec(contracted; show full)onable profit in proportion to the money paid for it whether the cattle can be made reasonably useful to their owner in his own business,whether the clothing covers, protects,warms the wearer or affects him pleasantly in any way. For it is not the use of these objects to the subject himself that gives them their worth in his eyes; it is what the community thinks of them that sets the standard.

== Criticism ==
{{POV-check|section|date=November 2013|talk=Criticism}}

The social dualism theory has been criti
cised by Benjamin Higgins on the following grounds:
# ''The Wants Are Not Limited'': If we analyse “Indonesia’s life” we do not find that the desires of the people are limited because here the values of MPC and MPM are higher. This is the reason that the government has to impose import restrictions. Moreover, whenever the harvest is good, farmers become prosperous and the demand for luxurious goods rises.
(contracted; show full)
* {{cite journal|last=Higgins|first=Benjamin|title=The 'Dualistic Theory' of Underdeveloped Areas|journal=Economic Development and Cultural Change|date=January 1956|volume=4|issue=2|pages=99-115|publisher=The University of Chicago Press|doi=10.1086/449706}}

== External links ==
* http://www.economypoint.org/d/dualism-theories.html

{{Partial Theories of Development-footer}}

[[Category:Sociological theories]]