scholarly journals MISES AND HIS UNDERSTANDING OF THE CAPITALIST SYSTEM

2000 ◽  
pp. 177-191
Keyword(s):  
2018 ◽  
pp. 118-127 ◽  
Author(s):  
G. B. Kleiner

The development of the system paradigm in economic science leads to the formulation of a number of important questions to the political economy as one of the basic directions of economic theory. In this article, on the basis of system introspection, three questions are considered. The first is the relevance of the class approach to the structuring of the socio-economic space; the second is the feasibility of revising the notion of property in the modern world; the third is the validity of the notion of changing formations as the sequence of “slave-owning system — feudal system — capitalist system”. It is shown that in modern society the system approach to the structuring of socio-economic space is more relevant than the class one. Today the classical notion of “property” does not reflect the diversity of production and economic relations in society and should be replaced by the notion of “system property”, which provides a significant expansion of the concepts of “subject of property” and “object of property”. The change of social formations along with the linear component has a more influential cyclic constituent and obeys the system-wide cyclic regularity that reflects the four-cycle sequence of the dominance of one of the subsystems of the macrosystem: project, object, environment and process.


2019 ◽  
pp. 142-150
Author(s):  
Alexandеr V. Buzgalin

In the article prepared in connection with the discussion on the use of the Marxist political economy heritage and the revival of a special seminar on Marx’s “Capital”, the author shows the dialectic of the relationship between the content and the transformed forms of the modern capitalist system; the potential of “Capital” to understand the content of the modern economy, and the potential of economics to understand its forms. On this basis, the author shows which questions of our time are answered by Marxist methodology and theory, and which are not, and concludes that Marxist political economy has significant methodological potential to become an important component of the scientific and educational process in current conditions.


2018 ◽  
Vol 16 (2) ◽  
pp. 104
Author(s):  
Tesa Mellina ◽  
Mohammad Ghozali

The implementation ofthe capitalist system has eliminated the Islamic values in economic practice. After the financial crisis hit the world, the capitalist system reaped many questions and its greatnessbegins to be doubted. The capitalist system implementationprecisely creates new problems in the economy. The concept of individualism which is the main key in capitalist practice only creates economic injustice and misery of the poor. The only economic theory that is expected as a light in dealing with economic problems is an economic system that is able to create justice,the welfare of all parties and blessings both the world and the hereafter. The theory is the Islamic economics which in practice is inseparable from Islamiceconomic law. Islamic economic law that underlies the Islamic economic system is totally different from the capitalist economic system.Keywords: Islamic Economic Law; Islamic economics; Capitalist Economy


2019 ◽  
pp. 218-255
Author(s):  
T.Yu. Kobischanov

Quite often in the course of historical events, social and economic changes obscure the changes in cultural psychology of ethnic groups and their representatives. The historical science explains what happened, how and why it was happening but very rarely gives us a chance to understand what people were feeling in this respect, what processes were going on in their individual and common consciousness and in the subconscious. The drama that the Christians of the Middle East are going through, the final act of which we are probably witnessing these days, urges us to look for its roots in the distant past. The Ottoman period in the history of East Christian communities is of particular significance. The Middle East Christians got under the Turkish rule as a discriminated minority pushed out on the curb of sociopolitical life, but by the beginning of the 20th century the Christians of the Middle East as a whole, and Christian communities of Syria and Lebanon in particular, were flourishing and were perfectly well adapted to possibilities that inclusion of the Ottoman state into the world capitalist system had to offer. The upgrade of the Christians status was accompanied by gradual changes in their social psychology including self identification of the members of the Christian communities, remodelling of their behaviour patterns in everyday life and in conflict situations as well as psychology of introconfessional relations. This research is an attempt to describe and analyse this cultural and psychological transformation.Нередко в ходе исторических событий социальноэкономические изменения затмевают изменения в культурной психологии этнических групп и их представителей. Историческая наука объясняет, что произошло, как и почему это происходило, но очень редко дает нам возможность понять, что чувствовали люди в этом отношении, какие процессы происходили в их индивидуальном и общем сознании и в подсознании. Драма, которую переживают христиане Ближнего Востока, заключительный акт которой мы, вероятно, наблюдаем в эти дни, побуждает нас искать ее корни в далеком прошлом. Османский период в истории восточных христианских общин имеет особое значение. Ближневосточные христиане попали под турецкое правление как дискриминируемое меньшинство, вытесненное на обочину общественнополитической жизни, но к началу 20 века христиане Ближнего Востока в целом, и христианские общины Сирии и Ливана в частности, процветали и были прекрасно приспособлены к возможностям, которые могло предложить включение Османского государства в мировую капиталистическую систему. Обновление статуса христиан сопровождалось постепенными изменениями в их социальной психологии, включая самоидентификацию членов христианских общин, перестройку их моделей поведения в повседневной жизни и в конфликтных ситуациях, а также психологию внутриконфессиональных отношений. Это исследование является попыткой описать и проанализировать эту культурную и психологическую трансформацию.


Author(s):  
Louçã Francisco ◽  
Ash Michael

This book investigates two questions, how did finance become hegemonic in the capitalist system; and what are the social consequences of the rise of finance? We do not dwell on other topics, such as the evolution of the mode of production or the development of class conflict over the longer run. Our theme is not the genesis, history, dynamics, or contradictions of capitalism but, instead, we address the rise of financialization beginning in the last quarter of the twentieth century and continuing into the twenty-first century. Therefore, we investigate the transnationalization of the circuits and processes of capital accumulation that originated the expansion and financialization of the mechanisms of production, social reproduction, and hegemony, including the ideology, the functioning of the states, and the political decision making. We do not discuss the prevailing neoliberalism as an ideology, although we pay attention to the creation and diffusion of ideas, since we sketch an overview of the process of global restructuring of production and finance leading to the prevalence of the shadow economy....


In this chapter, Haq goes back to his 1968 presentation alleging 22 industrial family groups that had come to control a majority of industrial, banking and insurance sectors in the country. In this article, Haq explains that the study and the findings need to be viewed in the proper perspective, highlighting that the concentration of wealth was a by-product of the government policies and the primitive capitalist system in Pakistan. Haq clarifies that the slogan of the 22 families was rather taken too literally. For him, the 22 families were not the cause, but a mere symptom of the system that created them.


Author(s):  
Daniel K. Richter ◽  
Troy L. Thompson

Scholars often portray indigenous peoples' interactions with the Atlantic world in linear terms: European expansion engulfed native communities and enslaves them to a global capitalist system. The mid-eighteenth to early nineteenth centuries, however, tells a more complicated tale. By the 1750s, many native peoples had learnt from decades of experience how to engage the Atlantic world on their own varied terms, often to their own advantage. Those engagements were disrupted by the British, French, and Spanish imperial crises spawned by the Seven Years War and especially by the creole independence movements born during those crises. The process worked out differently north and south of the Rio Grande, but, throughout the Americas, the collapse of European empires severed connections that had once guaranteed indigenous autonomy. If balance was the principle of ‘modern Indian politics’, trade was its glue. Throughout the Americas, creoles who proclaimed themselves civilised arrogated to themselves the terms on which native peoples could, or could not, engage with the Atlantic world.


2006 ◽  
Vol 5 (3) ◽  
pp. 375-385 ◽  
Author(s):  
Bob Matthews ◽  
Yoonsoon Jung

This paper discusses and compares the origin and development of the health care systems of South Korea and the UK from the end of WW2 and endeavours to compare outcomes. The paper emphasises the importance of war as a stimulus to the development of national health services in both countries and argues that there is convergence between the UK's nationalised NHS and South Korea's US-modelled capitalist system. Overall, we conclude that there is a possibility not only that the financing and nature of the Korean and UK health care delivery systems may show convergence, but it is not impossible that they will ‘change places’ with the UK system dominated by private provision and South Korea's by public provision.


2021 ◽  
pp. 194277862110478
Author(s):  
Sagie Narsiah

There is little doubt that the understanding of the dynamics of capitalism has been enriched by Geography. Moreover, geographers utilizing Marxist/Marxian lenses have provided valuable insights into the spatial content of the system. Over the past two decades or so, geographers in no small way have contributed to the demystification of capitalism/capitalist development in its neoliberal incarnation – change as mirage. Furthermore, poverty, inequality, unemployment and related social ills are directly linked to the system. Indeed, they are produced by the system. In this paper, the geographical evolution of the capitalist system in South Africa is examined. Critical thinkers, among them Marxists, influenced the theorization of the relationship(s) between capitalism, apartheid, class and race. In this paper, I focus on the spatial aspects, which in my view have been neglected. I reflect on various historical periods – the apartheid era and the post-apartheid era, in particular. What is apparent is that neoliberalism in South Africa has entered a phase which I label “accumulation by corrupt means”. The class basis of this strategy is examined. Critical (Marxist) geographers are shaped by the direct experiences of material conditions. I describe my experiences in this regard.


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