HOME	Welcome to the site of Economic Theory journal

№ 2018/2

Institutional problems of economic development

KUZMUK Svitlana H.¹

¹Yuriy Fedkovych Chernivtsi National University

The socialization of economy in the context of transformational changes in the economy

Ekon. teor. 2018; 2:41-58

https://doi.org/10.15407/etet2018.02.041

ABSTRACT ▼

The article reveals the main tendencies of modern shifts in the economic environment and the scientific reflection of such changes in the article, and proves the unpreparedness of the available scientific paradigm to explain and prevent the causes of financial turmoil because of high dynamic conditions. Also, the author describes the major megatrends of economic development and considers the process of socialization from the point of view of reorientation to a person as a social phenomenon. The basis for humanization processes in economic science is analyzed.
The article investigates theoretical etymology and practical manifestations of the process of the economy socialization (which involves humanity and possibility of self-affirmation through the possession and use of knowledge, with the scientific knowledge and specialized unique skills becoming the main source and a key factor of the development of manufacturing sector, and the key to sustainable development of non-manufacturing sector). The author describes the influence of the economy socialization on the scientific activity in the field of finance, and establishes the connection between the economy socialization and the formation of a man-centered model of economic relations.
Based on the implementation of scientific development in the social sciences regarding the importance of identifying and taking into account the personal characteristics of economic entities and their subjectivity, the author substantiates the necessity of constructing a man-centered model of economic development
The purpose of the article is to identify specific features of transformational processes in the economic environment and to prove the importance of socialization as one of the basic principles of modern scientific and practical activities using complex analysis of the views of both economics and other social sciences.
Research methods: system analysis and synthesis, grouping and typology, historical and logical methods. The article has extended theoretical basis of the investigated issue and proved that the man-centered model of economic relations is the most promising for future scientific research in finance.

Keywords: man-centered model, intellectualization, socialization, homo economicus, homo sociologicus

JEL: O 10

Article in Russian (pp. 41 - 58)	Download	Downloads :518
Article in Ukrainian (pp. 41 - 58)	Download	Downloads :268

REFERENCES ▼

1. Avtonomov, V.S. (1998). The human model in economic theory and other social sciences. Istoki – Origins, 3, 24-71 [in Russian].
2. Artomova, T.I. (2017). European values: traditional concepts in the era of global market transformations. Ekon. teor. – Economic theory, 4, 5-31. doi: https://doi.org/10.15407/etet2017.04.005">doi.org/10.15407/etet2017.04.005">https://doi.org/10.15407/etet2017.04.005 [in Russian].
3. Bazylevych, V.D. (2013). Modern Economic Theory: In Search of a New Paradigm. Visnyk KNU im. T. Shevchenka – Bulletin of Taras Shevchenko National university of Kyiv, 146, 5-7. doi: https://doi.org/10.17721/1728-2667.2013/146-5/1">doi.org/10.17721/1728-2667.2013/146-5/1">https://doi.org/10.17721/1728-2667.2013/146-5/1 [in Ukrainian].
4. Bazylevych, V.D., Ilin, V.V. (2011). Philosophy of Economics. History. Kyiv: Knowledge; Moscow: Rybari [in Russian].
5. Belik, A. (2010). Economic anthropology: the interaction of economics and culture. Ekonomicheskij zhurnal – Economic Journal, 4 (20) [in Russian].
6. Vajze, P. (1993). Homo economicus and homo sociologicus: monsters of social sciences. THESIS, 3, 115-130 [in Russian].
7. Hrytsenko, A.A. (2016). Reconstructive economic development – a new paradigm for Ukraine. Reconstructive economic development: main directions, efficiency and social justice. Kyiv [in Ukrainian].
8. Hryshkin, V.O. (2005). The Socialization of the Ukrainian Economy: Theory, Methodology, Perspectives. Dnipropetrovsk: Porohy – Thresholds [in Ukrainian].
9. Dieieva, N.M. (2002). Organizational-financial mechanism of providing state social guarantees in the region. Dnipropetrovsk: DNU [in Ukrainian].
10. Komarov, I. (2000). Intellectual capital. Personal – Personnel, 5, 54-62 [in Russian].
11. Lukyanenko, D., Kolot, A., Stolyarchuk, Ya. et al. (2013). Global economic development: trends, asymmetries, regulation. Kyiv: KNEU [in Russian].
12. Lutsenko, I.A. (2009). Socialization of the economy as a development mechanism of society. Ekonomika ta pidpryiemnytstvo – Economics and Business. Kyiv: National Economic University named after Vadym Hetman, 23, 3-9 [in Ukrainian].
13. Nebrat, V.V. (2016). Historical trajectory of development of the economy of Ukraine and the tasks of institutional reconstruction. Reconstructive economic development: main directions, efficiency and social justice. Institute for economic and forecasting. Kyiv [in Ukrainian].
14. Nikiforov, P.O., Kuzmuk, S.H. (2016). An economic man and a behavioristic concept of theoretical research in financial science. Naukovyi visnyk ChNU – Scientific herald of Chernivtsi University: Economics, 773, 3-7 [in Ukrainian].
15. Pelo, A.B. (2013). Virtualization of the world financial market as the main determinant of the development of the modern international monetary system. Teoretychni i praktychni aspekty ekonomiky ta intelektualnoi vlasnosti – Theoretical and Practical Aspects of Economics and Intellectual Property, 1, 159-163 [in Ukrainian].
16. Popadynets, O.V. (2015). Socialization of the economy as a new paradigm of economic theory. Visnyk ekonomiky transportu i promyslovosti – Bulletin of the Economy of Transport and Industry, 49, 228-231 [in Ukrainian].
17. Prigozhin, A.I. (1990). Perestroika: transient processes and mechanisms. Moscow: Nauka [in Russian].
18. Riabets, N.M., Tymkiv, I.V., Dvornyk, I.V. (2014). Features of the global economy's socialization. Investytsii: praktyka ta dosvid – Investments: practice and experience, 22, 41-44 [in Ukrainian].
19. Sakaya, T. (1999). The knowledge created value, or the history of the future. A new industrial wave in the West. Moscow: Academia [in Russian].
20. Steblianko, I.O. (2013). Socialization of the economy as a scientific concept of the genesis of the world welfare theory. Visnyk Dnipropetrovskoho universytetu – Bulletin of Dnipropetrovsk University: Economy, 21b: 7 (2), 155-159 [in Ukrainian].
21. Umantsiv, Yu.M., Miniailo, O.I., Kosyk, V.I. (2010). The mechanism of economic policy: a manual. Ivano-Frankivsk: Misto Nv–City of Nv [in Ukrainian].
22. Flekser, K.F. (1994). Enlightened society. Economy with a human face. Moscow: Mezhdunarodnye otnosheniya [in Russian].
23. Schumpeter, J. (1995). Capitalism. Socialism. Democracy. Moscow: The Economy [in Russian].
24. Baerwald, F. (1954). Some Reflections on the Economic Aspects of Depersonalization. Review of Social Economy, 12:1, 9-15. doi: https://doi.org/10.1080/00346765400000002">doi.org/10.1080/00346765400000002">https://doi.org/10.1080/00346765400000002
25. Becker, Gary S. (1997) [1993]. The Economic Way of Looking at Life. In Torsten Persson (Ed.). Nobel Lectures in Economic Sciences, 1991–1995, p. 38–58. Retrieved from chicagounbound.uchicago.edu/cgi/viewcontent.cgi?referer=&httpsredir=1&article=1509&context=law_and_economics
26. Becker, Gary S. et al. (2005). The Equilibrium Distribution of Income and the Market for Status. Journal of Political Economy, 113: 2, 282-310. doi: https://doi.org/10.1086/427463">doi.org/10.1086/427463">https://doi.org/10.1086/427463
27. Boulding, Kenneth E. (1954). The Principle of Personal Responsibility. Review of Social Economy, 12:1, 1-8. doi: https://doi.org/10.1080/00346765400000001">doi.org/10.1080/00346765400000001">https://doi.org/10.1080/00346765400000001
28. Danes, Sharon M. and Hira, Tahira K. (1987). Money Management Knowledge of College Students. Journal of Student Financial Aid, 17:1, Article 1. Retrieved from publications.nasfaa.org/jsfa/vol17/iss1/1.
29. Froehlich, Walter. (1966). The Businessman as a Person: Some Aspects of Newer Theories of the Firm. Review of Social Economy, 24:2, 122-231. doi: https://doi.org/10.1080/00346766600000019">doi.org/10.1080/00346766600000019">https://doi.org/10.1080/00346766600000019
30. Hira, T.K. (1997). Financial attitudes, beliefs and behaviors. Differences by age. Journal of Consumer Studies and Home Economics, 21, 271-290. doi: https://doi.org/10.1111/j.1470-6431.1997.tb00288.x">doi.org/10.1111/j.1470-6431.1997.tb00288.x">https://doi.org/10.1111/j.1470-6431.1997.tb00288.x
31. Mauss, M. (1924). The Gift: The Form and Reason for Exchange in Archaic Societies. Retrieved from libcom.org/files/Mauss%20-%20The%20Gift.pdf
32. O'Boyle, Edward J. (2007). Requiem for Homo Economicus. Journal of Markets & Morality, 10:2, 321-337.
33. Ong, Walter, J., S.J. (1967). In the Human Grain: Further Explorations of Contemporary Culture. New York: MacMillan.
34. Persky, Joseph. (Spring, 1995). Retrospectives: The Ethology of Homo Economicus. The Journal of Economic Perspectives, 9:2, 221-231. doi: https://doi.org/10.1257/jep.9.2.221">doi.org/10.1257/jep.9.2.221">https://doi.org/10.1257/jep.9.2.221
35. Powell, Walter W., and Kaisa Snellman (2004). The Knowledge Economy. Annual Review of Sociology, 30, 199-220. doi: https://doi.org/10.1146/annurev.soc.29.010202.100037">doi.org/10.1146/annurev.soc.29.010202.100037">https://doi.org/10.1146/annurev.soc.29.010202.100037
36. Rilling, J.K., Sanfey, A.G. et al. (November 15, 2004). Opposing BOLD responses to reciprocated and unreciprocated altruism in putative reward pathways. Neuro Report, 15:16, 2539-2543. doi: https://doi.org/10.1097/00001756-200411150-00022">doi.org/10.1097/00001756-200411150-00022">https://doi.org/10.1097/00001756-200411150-00022
37. Sahlins, M. (1972). The Original Affluent Society. Stone Age Economics.
38. Ward, S. (1974, September 1). Consumer Socialization. Journal of Consumer Research, 1:2, 1-14. doi: https://doi.org/10.1086/208584">doi.org/10.1086/208584">https://doi.org/10.1086/208584

№ 2018/2

ABSTRACT ▼

REFERENCES ▼

Сalendar of events