Entropy, Social Entropy and Money: A Living Systems Theory Perspective

Entropy is a measure of system disorganization. This article discusses how entropy occurs and is measured in physical, biological and social systems, with particular emphasis on social systems. The role of money-information markers in the recurring organization and disorganization of social entities is identified as an important aspect of social entropy. The discussion integrates living systems theory, social entropy theory, and macro accounting theory. © 1997 by John Wiley & Sons, Ltd.