The Continuing Relevance of the Marxist Tradition for Transcending Capitalism

2018 ◽  
pp. 792-808
Author(s):  
Erik Olin Wright
Keyword(s):  
Economic System ◽  
System Level ◽  
Human Flourishing ◽  
Economic Relations ◽  
Strategic Vision ◽  
Marxist Tradition ◽  
Collective Actor ◽  
Great Harm ◽  
Popular Mobilization

Marx’s formulation of a theory of transcending capitalism is unsatisfactory for two main reasons: 1) the dynamics of capitalism may generate great harm, but they do not, as Marx claimed, inherently make capitalism unsustainable or generate the structural foundations of a collective actor with a capacity to overthrow capitalism; 2) the vision of a system-level rupture with capitalism is not a plausible strategy replacing capitalism by a democratic-egalitarian economic system. Nevertheless, there are four central propositions anchored in the Marxist tradition that remain essential for understanding the possibility of transcending capitalism: 1) capitalism obstructs the realization of conditions for human flourishing, 2) another world is possible, 3) capitalism’s dynamics are intrinsically contradictory, 4) emancipatory transformation requires popular mobilization and struggle. These four propositions can underwrite a strategic vision of eroding the dominance of capitalism by building democratic-egalitarian economic relations within the contradictory spaces of capitalism.

scholarly journals The Continuing Relevance of the Marxist Tradition for Transcending Capitalism

2018 ◽  
Vol 16 (2) ◽  
pp. 490-500 ◽  
Author(s):  
Erik Olin Wright
Keyword(s):  
Economic System ◽  
System Level ◽  
Capitalist Class ◽  
Economic Democracy ◽  
Human Flourishing ◽  
Economic Relations ◽  
Strategic Vision ◽  
Marxist Tradition ◽  
Collective Actor ◽  
Popular Mobilization

No idea is more closely associated with Marx than the claim that the intrinsic, contradictory dynamics of capitalism ultimately lead to its self-destruction while simultaneously creating conditions favourable for a revolutionary rupture needed to create an emancipatory alternative in which the control by the capitalist class of investments and production is displaced by radical economic democracy. Marx’s formulation of a theory of transcending capitalism is unsatisfactory for two main reasons: 1) the dynamics of capitalism may generate great harms, but they do not inherently make capitalism unsustainable nor do they generate the structural foundations of a collective actor with a capacity to overthrow capitalism; 2) the vision of a system-level rupture with capitalism is not a plausible strategy replacing capitalism by a democratic-egalitarian economic system. Nevertheless, there are four central propositions anchored in the Marxist tradition that remain essential for understanding the possibility of transcending capitalism: 1. Capitalism obstructs the realization of conditions for human flourishing. 2. Another world is possible. 3. Capitalism’s dynamics are intrinsically contradictory. 4. Emancipatory transformation requires popular mobilization and struggle. These four propositions can underwrite a strategic vision of eroding the dominance of capitalism by building democratic-egalitarian economic relations within the contradictory spaces of capitalism.

scholarly journals SOSIOLOGI SPIRITUALITAS & KESALEHAN SOSIAL

Spiritualita ◽  
2020 ◽  
Vol 4 (2) ◽  
Author(s):  
Sukron Romadhon
Keyword(s):  
Economic System ◽  
Social Systems ◽  
Science And Technology ◽  
Modern Society ◽  
Economic Relations ◽  
Religious Traditions ◽  
Religious Rituals ◽  
The People ◽  
The World ◽  
New Religion

Spirituality and a new religious awakening, are seen by religious elites as a stage of religious directness in carrying out religious traditions and rituals. New civilizations can instead be a threat to conventional religious traditions and rituals. Without the willingness of religious elites to criticize and re-interpret conventional ritual traditions and patterns, the functions of the world's major religions could fade. The world's major religions are increasingly alienated from the objective world and awareness of the lives of the people and their people. It seems that there will be a new form of religion or a new religion that is completely different from the tradition of religious rituals that have been carried out by the major religions of the world. While the religious elite is still attached to classical religious interpretations. But on the other hand, the emergence of modern society, encouraging the argument of secularization is part of modernization. The values underlying socio-political and economic relations also appear to be beginning to enter an irregular stage, when viewed conventionally, the spiritulitas of global civilization, rather than lies in the format of values, traditional systems and structures or modern rationality. New civilizations in social systems and Science and Technology (SCIENCE AND TECHNOLOGY) began to be directed at a more intuitive spirituality stage. Then came the act of social piety that proved impartiality over the duafa wal mustad'afin, workers and the poor who were oppressed by the economic system. The emergence of the term left theology only wants to explain about righteousness and belief based on the ability to perform acts of liberation of the proletariat. This action is not only done after the reality of the proletariat appears, but creates a social and economic system that has impartiality towards the proletariat.Keywords: Spirituality, Secularization, Social Piety

DIGITAL TRANSFORMATION OF THE ECONOMY AND FINANCIAL SYSTEM OF RUSSIA

2021 ◽  
Vol 1 (6) ◽  
pp. 82-95
Author(s):  
А. V. ZVEREV ◽  
◽  
M. Yu. MISHINA ◽  
A. V. NOVIKOV ◽  
◽  
...  
Keyword(s):  
Economic System ◽  
Financial System ◽  
Digital Technologies ◽  
Financial Sector ◽  
Digital Transformation ◽  
Economic Relations

The article considers the theoretical aspects of the digitalization of economic relations in Russia, identifies the features of the digital transformation of the economic system and the formation of the digital state. The advanced industries and the most developed digital technologies by Russian companies are identified. The focus is on the digitalization of the financial sector: the main trends and directions of the process are identified, the level of development and implementation of financial technologies in the framework of the formation of the fintech industry is considered.

The Sovereignty of Politics

Worldview ◽  
1972 ◽  
Vol 15 (10) ◽  
pp. 13-17
Author(s):  
Gunnar Myrdal
Keyword(s):  
Nineteenth Century ◽  
Economic Theory ◽  
International Relations ◽  
Free Trade ◽  
The Political ◽  
Economic Factors ◽  
Economic Policies ◽  
Economic Relations ◽  
General Proposition ◽  
Marxist Tradition

Just so there is no misunderstanding: I do not believe economic policies can make much of a contribution to peacekeeping. During the nineteenth century and up to the present there has been a tendency to stress too much the economic factors in international relations. Liberal economic theory, from the classical writers on, is in this respect strikingly similar to what we now identify as the “Marxist” tradition. It is glibly assumed in both camps that trade is an important contributor to peaceful relations on the political level. That trade and economic relations generally worked for peace was an important corollary to the free-trade doctrine, and as a general proposition it now receives almost universal acclaim.

scholarly journals Godparents and Trading Partners: Social and Economic Relations in Peruvian Amazonia

2008 ◽  
Vol 40 (2) ◽  
pp. 303-328 ◽  
Author(s):  
EVAN KILLICK
Keyword(s):  
Economic System ◽  
Economic Relations ◽  
Trading Partners ◽  
Peruvian Amazonia

AbstractThrough an ethnographic account of contemporary relations between Ashéninka men and mestizos on the Ucayali River in Eastern Peru, this article examines how individuals use specific cultural idioms in their attempts to counteract the exploitative nature of economic relations. Specifically the article considers how the institutions of ayompari trading partners and compadrazgo (godparenthood) are used by Ashéninka and mestizo individuals respectively to understand and try to control their relationships within the local economic system of habilitación. The article concludes by noting the continued importance of these individual relationships in light of recent changes to Peru's forestry laws.

scholarly journals Managing the sustainability of economic system as the basis of investment development in Ukraine

2017 ◽  
Vol 14 (4) ◽  
pp. 50-59 ◽  
Author(s):  
Serhii Kozlovskyi ◽  
Illya Khadzhynov ◽  
Ivan Vlasenko ◽  
Liliya Marynchak
Keyword(s):  
Economic System ◽  
Economic Security ◽  
Economic Sustainability ◽  
Investment Climate ◽  
Factors Affecting ◽  
Economic Relations ◽  
Current Period ◽  
Sustainability Concept ◽  
Relationship Of ◽  
The Relationship

Nowadays, studying the categories of “economic sustainability”, “economic sustainability management” and the peculiarities of these concepts is especially relevant. Their use would provide an opportunity to ensure the sustainable and most effective functioning of the subject of economic relations in the current period of time, as well as to create a high potential for its development and ensuring the conditions for investing capital in the Ukrainian economy. All this determined the purpose of this study, which consists in the analysis of the theory and essence of the economic sustainability concept, the interpretation of the concept of “economic sustainability of the system” and the concept of “management of economic sustainability of the system”, distinguishing factors affecting the sustainability of the Ukrainian economic system, determining the relationship of economic sustainability with economic security, investing as well as forecasting the level of the Ukrainian economy sustainability based on the innovative modeling methods. The object of the research is to develop the theory of the “economic sustainability” concept and to determine the level of economic sustainability of the economy aimed at raising the investment climate in Ukraine. To ensure the development, security and investment attractiveness of the Ukrainian economy, an organizational structure of the management model for the sustainability of the Ukrainian economic system was developed using the developed economic and mathematical model.

scholarly journals The Issues of the Formation of the Common Economic Interest in the Russian Economic System

2019 ◽  
pp. 34-43
Author(s):  
Aleksej Tsikin
Keyword(s):  
Economic System ◽  
Middle Ages ◽  
Rapid Development ◽  
Environmental Safety ◽  
Economic Interest ◽  
Economic Interests ◽  
Economic Relations ◽  
The Common ◽  
Definition Of ◽  
Modern Russian

The article is devoted to studying the theory of economic interests on the basis of the retrospective analysis of the works of the main economic school representatives, modern Russian and foreign scientists. The aim of the work is to elaborate the concept of the common economic interest in the modern Russian economic system. To achieve this aim, the author conducted the development analysis of the relevant methodological approaches to the study of economic relations, identified the most relevant concepts and proposed the concept interpretations of the national economic system priorities. It is established that the evolution of the theory of economic interests is directly related to the world economy development. In the current conditions, approaches related to absolutization of state (characteristic of the Late Middle Ages) or private (used during the rapid development of the market) interests are not applicable to achieve the common economic interest. Today, the theory introduces the factors of uncertainty, limited knowledge, explores real and perceived interests, and increases the role of social security and environmental safety. The analysis carried out in the work indicates the need to include social, innovative, technological, labor, infrastructure, institutional priorities, as well as self-sufficiency of the economy in the definition of the common economic interest. The results of the work can be used in developing strategies to improve the competitiveness of the Russian economy.

The Inevitable Labor and Environmental Crises and the Need for a New Economic System

2019 ◽  
Vol 28 (3) ◽  
pp. 311-315 ◽  
Author(s):  
Trevor Zink
Keyword(s):  
Economic System ◽  
Environmental Problem ◽  
Planetary Boundaries ◽  
Human Flourishing ◽  
Industrial Activities ◽  
Human Needs ◽  
Design And Implementation ◽  
Tribal Communities ◽  
Material Sources ◽  
Basic Human Needs

Capitalism is economically stable only if new investment creates jobs at least as fast as efficiency eliminates them, and physically sustainable only if sufficient material sources and pollution sinks exist to support new investment. We are passing limits on both conditions, leading to twin problems: A labor problem, where technology may begin to eliminate more jobs than it creates; and an environmental problem, where industrial activities are breaching planetary boundaries that will limit our ability to meet basic human needs. Both problems are products of a growth-based capitalist economy and are fundamentally unsolvable within that framework. We must endeavor to replace our capitalist growth economy with a system based on human flourishing. Drawing on degrowth literature, I propose several criteria for a replacement and suggest that they are met by tribal communities. Although challenges remain in design and implementation of such systems, the alternative of inaction is untenable.

Inter-Component Relations in a Human-Centered Economy (Part 2)

2021 ◽  
Vol 27 (9) ◽  
pp. 687-696
Author(s):  
S. I. Nasyrova
Keyword(s):  
Economic Growth ◽  
Content Analysis ◽  
Economic System ◽  
Social Service ◽  
Natural Material ◽  
Scientific Methods ◽  
Economic Relations ◽  
Human Needs ◽  
Insight Into ◽  
Digital Sphere

Aim. The presented study aims to identify and describe the relations of mutual restriction between the fundamental spheres of a human-oriented economy.Tasks. The author describes problems associated with the need to study the human-oriented economy; establishes horizontal and vertical economic relations in the economic system; discovers the specific aspects of horizontal economic relations through the interaction between the spheres of a human-oriented economy; identifies normal and pathological restriction relations.Methods. This study uses scientific methods of cognition, namely content analysis and the Wuxing Pentagram.Results. Horizontal relations between the defining spheres of a human-oriented economy are determined. The resource (human needs) that ensures interaction between the spheres of the economic system under consideration is identified. Normal restriction relations are described: natural-material sphere — information-digital sphere, information-digital sphere — cognitive sphere, cognitive sphere — social-service sphere, social-service sphere — creatosphere, creatosphere — natural-material sphere. Pathological restriction relations are detected: informationdigital sphere — natural-material sphere, cognitive sphere — information-digital sphere, socialservice sphere — cognitive sphere, creatosphere — social-service sphere, natural-material sphere — creatosphere.Conclusions. Examination of restriction relations in a human-oriented economy provides insight into the directions for the regulation of the corresponding economic system, which, according to the author, will ensure not only personal, but also economic growth.

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