Inter-Component Relations in a Human-Centered Economy (Part 1)

2021 ◽  
Vol 27 (8) ◽  
pp. 612-621
Author(s):  
S. I. Nasyrova
Keyword(s):  
Economic System ◽  
Social Service ◽  
Natural Material ◽  
Economic Systems ◽  
Economic Relationships ◽  
Human Needs ◽  
Service Information ◽  
Economic Support ◽  
Support Relationships ◽  
Digital Sphere

Aim. The presented study aims to identify and interpret mutual support relationships between the key areas of a human-oriented economy.Tasks. The authors formulate the problems of the relevance of examining economic relationships within the framework of various economic systems; substantiate the existence of economic support relationships and restrictions in the context of a human-centered economy; identify and structure normal and pathological economic support relationships between the spheres of a  human-oriented economy.Methods. The theoretical and methodological basis of this study is based on the Wuxing Pentagram.Results. The authors present their view of economic support relationships in a human-centered economy as a result of interaction between its spheres: natural-material, social-service, information-digital, creatosphere and cognitive sphere. The resource (human needs) that ensures the interaction between the components of the economic system is identified. Normal support relationships are determined: natural-material sphere — social-service sphere; social-service sphere –information-digital sphere; information-digital sphere — creatosphere; creatosphere — cognitive sphere; cognitive sphere — natural-material sphere. Pathological support relationships are detected: social-service sphere — natural-material sphere; information-digital sphere — socialservice sphere; creatosphere — information-digital sphere; cognitive sphere — creatosphere; natural-material sphere — cognitive sphere.Conclusions. By defining and understanding inter-component support relationships in the context of a human-oriented economy, it becomes possible to determine directions for their regulation to ensure productive development of the economic system as a whole and each person in particular.

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.

The principles of duality in the light of the system economic theory

2019 ◽  
pp. 127-149
Author(s):  
George B. Kleiner
Keyword(s):  
Economic Theory ◽  
Economic System ◽  
External Environment ◽  
Black Box ◽  
Space Time ◽  
Production Cycle ◽  
Economic Systems ◽  
New Approach ◽  
Reproduction Cycle ◽  
Basic Concepts

This paper shows the diversity and significance of relations of duality among different economic systems. The composition of the principles underlying the system economic theory used for the analysis of duality in the economy is investigated. The concept of the economic system is clarified and the equivalence of three basic concepts of the economic system is shown: a) as a space-time volume (“black box”); b) as a complex of elements and connections among them; c) as a tetrad, including object, project, process and environment components. In a new way, the concept of the tetrad is revealed. The actual interpretation of the interrelationships of its components, based on the mechanisms of intersystem circulation of spatial and temporal resources and the transmission of abilities from one economic system to another, is proposed. On the basis of the obtained results, the most essential aspects of duality in the theory of economic systems are considered. It is shown that the interaction of internal content and the nearest external environment of economic systems lies in the nature of the relations of duality. A new approach to modeling the structure and to functioning of the economic system, based on the description of its activities in the form of two interconnected tetrads (the first tetrad reflects the intrasystem production cycle and the second one — the external realization-reproduction cycle) is put forward. It is shown that the concept of duality in a system economy creates prerequisites for adapting the functioning of local economic systems (objects, projects, etc.) in a market, administrative and functional environments and, as a result, harmonizing the economy as a whole.

scholarly journals Social capital in cooperatives: an evolutionary Luhmannian perspective

2021 ◽  
Author(s):  
Vladislav Valentinov ◽  
Constantine Iliopoulos
Keyword(s):  
Social Capital ◽  
Economic System ◽  
Empirical Literature ◽  
Western World ◽  
Agricultural Cooperatives ◽  
Recent Contribution ◽  
Human Needs ◽  
Self Help ◽  
Extensive Range ◽  
Broad Variety

AbstractIn a recent contribution to this journal, Deng et al. (2021) draw on an extensive range of theoretical and empirical literature to make the case for the tendency of social capital resources of agricultural cooperatives in the Western world to decline over time. The present paper revisits this argument by drawing on a Luhmannian systems-theoretic perspective that takes the capitalist economic system to be limitedly sensitive and receptive to a broad variety of human needs. Whereas many of these needs remain marginalized and neglected, some of them may be codified or translated into a profit-making calculus. Cooperatives are shown to present one of the channels through which this codification may be possible; namely, the codification effect of cooperatives enables the incorporation of a multitude of mutual self-help activities into the economic system. This incorporation gives rise to intrasystemic adjustment processes that can be considered complete when the mutual self-help activities introduced by cooperatives no longer require the cooperative form and are integrated into the activities of investor-owned firms. If this view is accepted, then declining social capital may be an indicator of the successful codification process, which helps to make the economic system less exclusionary and more sensitive to human needs.

Synergetic approach to macroeconomic studies

2021 ◽  
Vol 57 (4) ◽  
pp. 17
Author(s):  
Viacheslav Karmalita
Keyword(s):  
Economic System ◽  
Material Object ◽  
Dynamic Factor ◽  
Economic Systems ◽  
Economic Knowledge ◽  
Practical Applications ◽  
Macroeconomic Analysis ◽  
Probabilistic Description ◽  
Engineering Sciences ◽  
Parametric Description

This paper confirms the principal possibility of using synergetics in macroeconomic studies. It noted that the presence in economic systems of all science typologies requires using subjects of natural and engineering sciences for the study of economic objects as well. Ignoring this fact hinders the development of fundamental economic knowledge and, as consequence, conditions the use of metaphysical concepts in developed models. Since the above interdisciplinarity is inherent in synergetics, its applicability in macroeconomics is considered. On the example of modeling economic systems, it is demonstrated that their essence (nonlinear space-time structure) corresponds to the basic provisions of synergetics. Therefore, its tools are eligible in the tasks of macroeconomic analysis. As an example, this paper proposes the stochastic model of economic cycles explaining their phenomenon as well as providing the quantitative (parametric) description of cycles. Novelty of the model describing the cycles as random oscillations is tied to the probabilistic description of the investment function and the perception of the economic system as a material object with certain inherent properties. According to a proposed model, the income oscillations are induced by both exogenous (investment fluctuations) and endogenous (economic system elasticity) causes. The values of fluctuations of the income function around its longterm trend relate to the value of intensity of investment fluctuations as well as the gain (efficiency) of the economic system. The duration of the cycle is related to the inclusive wealth of the system and its dynamic factor, which characterizes the system’s ability to withstand investment fluctuations as well as to eliminate their consequences. Prospects of practical applications of the considered model were demonstrated on the example of cycle management.

scholarly journals COMPARISON OF ISLAMIC ECONOMY AND CONVENTIONAL ECONOMY TO PEOPLE'S INCOME GROWTH IN REDUCING POVERTY AND UNEMPLOYMENT

2020 ◽  
Vol 1 (2) ◽  
pp. 259-274
Author(s):  
Tarmizi Tarmizi
Keyword(s):  
Economic System ◽  
Economic Systems ◽  
Economic Activities ◽  
Capitalist System ◽  
The People ◽  
Socialist Economic ◽  
Islamic Economic ◽  
Islamic Faith ◽  
The Right ◽  
Socialist Economic System

Islamic economic system is built on the foundation of the Islamic faith, the faith in question is the right because it comes from Allah brought to mankind through the prophet Muhammad. The Islamic faith is a faith that satisfies reason, reassures the soul, and is in accordance with human nature. In an individual context, economic activity is based on the values of worship. The economic system known by society globally is the capitalist and socialist economic system. In the economic context, both systems have been able to increase the prosperity of the people in the country that uses both economic systems. The capitalist system is influenced by the zeal to make the most of its profits with limited resources. This capitalist venture is supported by the values of freedom to make ends meet. This freedom resulted in high competition among others in defense, while the socialist economic system had the goal of mutual prosperity. In conclusion, the Islamic economic system is a solution economic system for various problems that have arisen, while the conventional economic system is an economic system that is widely used by various countries in the world, including Indonesia. A conventional economy is an economic system that gives full freedom to everyone to carry out economic activities.

scholarly journals Income distribution in the Colombian economy from an econophysics perspective

2016 ◽  
Vol 35 (69) ◽  
pp. 691-707
Author(s):  
Hernando Quevedo Cubillos ◽  
María N. Quevedo
Keyword(s):  
Income Distribution ◽  
Economic System ◽  
Power Law ◽  
Gibbs Distribution ◽  
Economic Systems ◽  
Second Phase ◽  
Equilibrium Thermodynamic ◽  
Thermodynamic Models ◽  
Density Distributions ◽  
Pareto Distributions

Recently, in econophysics, it has been shown that it is possible to analyze economic systems as equilibrium thermodynamic models. We apply statistical thermodynamics methods to analyze income distribution in the Colombian economic system. Using the data obtained in random polls, we show that income distribution in the Colombian economic system is characterized by two specific phases. The first includes about 90% of the interviewed individuals, and is characterized by an exponential Boltzmann-Gibbs distribution. The second phase, which contains the individuals with the highest incomes, can be described by means of one or two power-law density distributions that are known as Pareto distributions.

scholarly journals Implications of market and political power interactions for growth and the business cycle

2021 ◽  
Author(s):  
Tryphon Kollintzas ◽  
Dimitris Papageorgiou ◽  
Vanghelis Vassilatos
Keyword(s):  
Public Sector ◽  
Political Parties ◽  
Business Cycle ◽  
Economic System ◽  
Market Power ◽  
Political Power ◽  
Economic Systems ◽  
Per Capita Gdp ◽  
Per Capita ◽  
The Business Cycle

In this paper, we develop a two sector DSGE model with market and political power interactions. These interactions are motivated by the politico-economic systems of several South European countries, over the last half century. In these countries the state permits the existence of industries, typically related to the extended public sector, where firms and workers employed therein have market power (insiders), unlike other firms and workers in the economy (outsiders), as insiders, that dominate the major political parties, cooperate to influence government decisions, including those that pertain to the very existence of such a politico-economic system. Consistently with stylized facts of growth and the business cycle of these countries, the model predicts: (i) large negative deviations of per capita GDP from what these countries would have been capable of, if their politico-economic system was not characterized by the above mentioned frictions; and (ii) deeper and longer recessions in response to negative shocks, as their politico-economic system reacts so as to amplify these shocks.

scholarly journals Economic impacts of craftsman statue on community based tourism development

2017 ◽  
Vol 1 (3) ◽  
pp. 59-73
Author(s):  
A.A. Gde Putra Pemayun ◽  
A.A. Istri Agung Maheswari
Keyword(s):  
Economic System ◽  
Small And Medium Enterprises ◽  
Tourism Development ◽  
Poverty Line ◽  
Market Failures ◽  
Economic Activities ◽  
Human Needs ◽  
Gary Becker ◽  
The Government ◽  
Medium Enterprises

This study examines the "Economic Impact of Craftsmen Statue on Community Base Tourism Development in Tohpati village Klungkung Bali". The core concept of economic problems is the imbalance between unlimited human needs and the means of satisfying the needs of a limited number. Economics should not be emphasized through the point, but it should be emphasized as an approach to explain human behavior (Gary Becker). The economic system is a means used to regulate all economic activities in society whether done by the government or private in order to achieve prosperity and prosperity together. The Economic system can be divided into three namely: a First capitalist economic system that is all economic activity submitted to the market. Second, the communist economic system is all things governed by the government. The third is a mixed economic system that is a combination of the two economic systems above (capitalist and communist). Indonesia should adopt a mixed economic system because firstly, Indonesia is an emerging country, where market failures often occur due to uneven information or accessibility to transportation and communication facilities. The second is that there are still many Indonesian people are below the poverty line. Thirdly most Indonesians have businesses that are still classified into small and medium enterprises that still can not compete perfectly with a bigger business.

INNOVATIZATION AS A BASIS FOR ENSURING ECONOMIC SYSTEM SECURITY

2020 ◽  
Vol 10 (8) ◽  
pp. 1569-1575
Author(s):  
V.Y. Gusarova ◽  
◽  
G.R. Murtazina ◽  
Keyword(s):  
Economic Development ◽  
Economic System ◽  
Structural Changes ◽  
Decisive Role ◽  
Holistic Approach ◽  
Economic Security ◽  
Economic Systems ◽  
External Threats ◽  
National Economic ◽  
Constituent Elements

In modern conditions, ensuring the security of economic systems is interconnected with the categories “sustainability” and “development”. Sustainability of an economic system reflects the reliability and strength of its constituent elements, the efficiency and inviolability of horizontal and vertical links within the system itself. Development is one of economic security components, since the lack of development significantly reduces the ability to resist and adapt to internal and external threats. The security of the national economic system is considered as the ability to survive and develop steadily in the conditions of turbulence and the influence of hard-to-predict factors. The success of economic development is largely determined by significant structural changes based on innovation. Consequently, dynamic innovative development must have an adequate innovative structure. “Innovatization” as an economic category is a process of accumulation, preservation, use and development of the innovative potential of the economic system’s acting entities. The economic theory of economic systems’ innovatization is one of the demanded economic paradigms of our time for most developed and developing countries of the world, including Russia. This is due to the decisive role of innovations in the development of economic systems and, as a result, this is as a source and one of the criterion indicators of economic security. The authors, using the holistic approach and the method of structural-logical decomposition in the study, revealed the content and forms of innovatization in economic development structures as a basis for ensuring economic security.

Introduction

2020 ◽  
pp. 95-97
Author(s):  
Adam Teller
Keyword(s):  
International Economic ◽  
International Trade ◽  
Eastern Europe ◽  
Economic System ◽  
Ottoman Empire ◽  
Slave Trade ◽  
Economic Systems ◽  
Jewish Women ◽  
Market Conditions ◽  
The Mediterranean

This chapter provides an overview of the Polish–Lithuanian Jews who were taken captive to be ransomed or sold into slavery. Once captured, these Jewish women and men found themselves trapped in two major international economic systems of the period. The first was the international trade in Ukrainian, Polish, Russian, and Circassian captives carried out by the Crimean Tatars with the support of the Ottoman Empire. The second economic system was piracy in the Mediterranean. Two major issues are at the heart of the discussion on the fates of these Jewish captives. The first concerns the slave trade itself and how its market conditions shaped the fate of the captured Jews. The second deals with the effort to ransom the Jewish captives from eastern Europe and is focused on the transregional Jewish philanthropic networks that raised huge sums and transported them the long distances to the slave market, examining them in terms of both their form and their function.

Sign in / Sign up

Export Citation Format

Share Document