scholarly journals Exploring the sinicization of Marx's social capital reproduction theory: review and reflection

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Xian Zhang
Keyword(s):  
Social Capital ◽  
Economic System ◽  
Practical Significance ◽  
Regulation System ◽  
Light Industry ◽  
Content Type ◽  
Chinese Characteristics ◽  
Market Economic ◽  
Reform And Opening Up ◽  
Socialist Market

PurposeKarl Marx's social capital reproduction theory is his significant contribution to economics. The purpose of this paper is to review the contributions of the exploration of Chinese economists (especially Professor Liu Guoguang) in the concretization of Marx’s social capital reproduction theory combined with socialist construction since 1949.Design/methodology/approachDuring this process, Professor Liu Guoguang, a famous Chinese Marxist economist, has made an outstanding contribution by creating a Marxist social capital reproduction model with Chinese characteristics and a distinctive Marxist economic growth model. Professor Liu's exploration is still of crucial practical significance to building a socialist market economy today.FindingsThe process and achievements in the sinicization exploration of Marx's social capital reproduction theory were reviewed. With the reform and opening up, fundamental changes have occurred in China's economic system – the centralized planned economic system has been transformed into a socialist market economic system.Originality/valueThe planned management of the national economy is replaced by a macro-regulation system characterized by gross control gradually, and the concepts of agriculture, light industry, and heavy industry, and their intercorrelation are no longer applied in theory and policy. However, the sinicization exploration of Marx's social capital reproduction theory in the older generation of Marxist economists represented by Liu is not only of historical significance but also of important practical significance.

scholarly journals The Normative Connotation and Legal Guarantee of Market Economy in China's Constitution

2020 ◽  
Vol 3 (5) ◽  
Author(s):  
Pan Jiang
Keyword(s):  
Economic Development ◽  
Economic System ◽  
Market Economy ◽  
Economic Freedom ◽  
State Agencies ◽  
Economic Equality ◽  
The Core ◽  
Market Economic

At this stage, the market economy has become an important force to promote China's economic development. Consolidating the core of market economic development, namely, economic equality and economic freedom, is an inevitable requirement for upholding and improving China's basic economic system, and it is also an important aspect of the country's strong guarantee for market economic development. Therefore, it is necessary to research the meaning of the market economy in the constitution, and at the same time clarify the constitutional norms’ obligation to guarantee the implementation of state agencies to provide adequate constitutional guarantees for the development of the market economy.

scholarly journals Friedrich A. von Hayek e il problema della solidarietà

2021 ◽  
pp. 95-118
Author(s):  
Dario Antiseri
Keyword(s):  
Social Justice ◽  
Economic System ◽  
Free Market ◽  
Trojan Horse ◽  
Political Freedom ◽  
Great Society ◽  
Market Economic ◽  
The Social

In the development of science and of a democracy, competition represents the highest form of collaboration. The same applies in the free market economic system that supports political freedom and corresponds to the most secure source of extended welfare. However, Hayek warns that The «Great Society» is seriously threatened by the comeback of the social-ism’s «tribal ethic»: «the concept of ‘social justice’ has been the Trojan horse for the entrance of the totalitarism». By saying this, he does not deny the value of solidarity. The Great Society can allow itself to help those in need, and actually it must do it. Resumen. La competizione nello sviluppo della scienza e nella vita di una democrazia costituisce la piü alta forma di collaborazione, cosí come lo é nell’economia di mercato - sistema económico che sta a base delle liberta politiche e che é la fonte maggiormente sicura del piü esteso benessere. La Grande Societá, tuttavia, é seriamente minacciata - ammonisce Hayek - dalla riaffermazione dell»’etica tribale» del socialismo: «il concertó di ‘giustizia sociale’ é stato il cavallo di Troia tramite il quale ha fatto il suo ingresso il totalitarismo». Con ció Hayek non nega affatto il valore della solidarietá, in quanto la Grande Societá puó permettersi di aiutare i piü deboli e deve farlo.

Challenges Facing Willing Firms

2020 ◽  
pp. 111-126
Author(s):  
Timothy Birabi
Keyword(s):  
Economic Growth ◽  
Economic System ◽  
Corporate Responsibility ◽  
Shareholder Value ◽  
Intangible Capital ◽  
Corporate Profit ◽  
Market Economic ◽  
Benefit Corporations ◽  
Business Approach ◽  
Profit Maximisation

There is an increasing appetite for responsibility and accountability within the current corporate, however, it is not so clear how much accountability can be given away before the conversation returns to traditional definitions of corporate profit and shareholder value. This chapter explores the fundamental challenges which firms seeking to incorporate socially accountable models into their business approach face in the current pro-market economic system. Four subthemes will be elaborated upon: corporate responsibility in the climate of intangible capital; the stakeholder-shareholder dichotomy; the [in]compatible coexistence of economic growth, innovation and public accountability; and possibilities revealed by benefit corporations. It concludes by examining ways in which both social accountability and profit maximisation might simultaneously exist through an RS approach which can work even within this current lay-out, and how this reveals the more systemic adjustments needed to support widespread change

TRANSFORMATION OF TECHNOLOGICAL POTENTIAL FOR ECONOMIC VALUE

10.12737/1482 ◽  
2013 ◽  
Vol 1 (1) ◽  
pp. 22-26
Author(s):  
Нина Моисеева ◽  
Nina Moiseeva
Keyword(s):  
Economic System ◽  
Economic Value ◽  
Value Management ◽  
Technological Potential ◽  
Market Economic ◽  
Modern Economic ◽  
Technological Opportunities ◽  
Business Relations

The article focuses on the problem of organization for business relations and increase of technological opportunities of company in market economic with using methodology of value analyses and value management. The methodical scheme of organizational characteristics and results of activities for application modern economic system are submitted in the different countries.

scholarly journals ORGANIZATIONAL AND INSTITUTIONAL ASPECTS AND PRINCIPLES OF THE SOCIAL AND LABOR RELATIONS’ CONSTRUCTION IN LARGE ECONOMIC SYSTEMS UNDER TRANSFORMATION CONDITIONS

2018 ◽  
Vol 15 (5) ◽  
pp. 800-811
Author(s):  
E. Yu. Legchilina
Keyword(s):  
Economic System ◽  
Labor Relations ◽  
Value Orientations ◽  
Economic Systems ◽  
Social Efficiency ◽  
Scientific Methods ◽  
Modern Economy ◽  
The Social ◽  
Institutional Aspects ◽  
Transformation Processes

Introduction.The paper deals with organizational and institutional aspects and principles of building social and labor relations of the large economic system. Such research is determined by the urgency and contradictory of scientific views by solving problems in the transformation processes of the social and labor relations in the modern economy.Materials and methods.Scientific materials of foreign and domestic scientists are used in the research. The author applies the system-axiological approach on the basis of the scientific methods’ combination, such as analytical, institutional and systemic. In addition, the concept of co-evolution is applied while considering organizational and institutional aspects of building social and labor relations.The organizational and institutional problems of designing a new system of social and labor relations during the transformation period are discussed in the paper.Conclusions.The author proposes four groups of principles, such as the principle of dynamic correspondence to value orientations of stakeholders and the goals of a large economic system, the principle of network based on institutional need, the principle of the balance of economic and social efficiency in the system of social and labor relations, the principle of flexibility and transformability of the social and labor relations’ system on the basis of co-evolution.Therefore.The results could serve as the conceptual basis for the design of the social and labor relations in large economic system, as well as the strategy for the socio-economic development of corporations.

scholarly journals Brotherhood dalam Dimensi Sistem Ekonomi Islam

2017 ◽  
Vol 11 (2) ◽  
pp. 499
Author(s):  
Fahrur Ulum
Keyword(s):  
Economic System ◽  
Wealth Distribution ◽  
Economic Activities ◽  
Distribution Of Wealth ◽  
Economic Man ◽  
Market Economic ◽  
Islamic Economic ◽  
Set Up

This article discusses the issue of brotherhood in Islamic economic system. The goal of Islamic economics is to create advantages (falâh}) for all economic man. To achieve this goal, Muslim economists have agreed to set up the philosophical pillars of Islamic economic system which consists of tawhîd, ‘ibâdah, khilâfah, and ukhuwwah. One of the important challenges to deal with is how to place the idea of brotherhood as a pillar of Islamic economic system that is applicable in economic activities which then lead to equal advantages. Muslim economists argue that Islamic economic system has led economic man to possess altruistic personality. This is not only related to the problem of consumption but also to that of production. In addition, the distribution of wealth specific in Islamic economic system has resulted in brotherhood. The spirit of brotherhood has inspired the effort of distributing wealth economically and non-economically towards shared advantages. Specific wealth distribution in Islamic economics is by placing human as economic being and social being alike. Therefore, brotherhood is implemented in market and non-market economic activities. The implementation of brotherhood is not only in the form of cooperative but more than that is to be oriented to efforts of empowering economic man.

scholarly journals Economic System Convergence in Globalization Era and Its Implication on Renewal and Economic Law in Indonesia

2018 ◽  
Vol 1 (1) ◽  
pp. 74
Author(s):  
Purwanto Purwanto ◽  
Charlyna S Purba
Keyword(s):  
Developing Countries ◽  
Economic System ◽  
Conflicts Of Interest ◽  
Economic Globalization ◽  
Developed Countries ◽  
Market Economies ◽  
Economic Law ◽  
Economic Concentration ◽  
Socialist Market

<p><em>Conflicts of interest between developed and developing countries can not be avoided in economic globalization. In the fight, there is domination and hegemony of economic concentration by economic actors from developed countries. The convergence of an accommodative economic system, which does not separate categorically between the capitalistic and socialist market economies, needs to be considered in the reform of Indonesian economic law.</em></p>

scholarly journals Outsourcing and outstaffing: essence and practice of implementation

2020 ◽  
pp. 242-245
Author(s):  
Nataliia Tsyganchuk ◽  
Ruslana Liashenko ◽  
Viktoriia Kaleniuk
Keyword(s):  
Economic System ◽  
Labor Relations ◽  
Legal Regulation ◽  
Optimal Form ◽  
Customer Needs ◽  
General Rules ◽  
Long Time ◽  
Business Entities ◽  
Staff Involvement

Outsourcing and outstaffing are relevant constructions in the economic system of any state, which requires proper legislativeregu lation of this issue. Their peculiarity lies in the specific forms of labor relations between customers of certain services and performers.So far, this issue is not properly regulated at the legislative level in Ukraine, as a result of which business entities are forced to turnto the general rules of law.Today, the use of outsourcing and outstaffing is quite popular in business. As a rule, such concepts are used in cases when it comesto staff involvement, in particular, in the IT sector, the provision of cleaning services, maintenance and more.The article considers the essence of outsourcing and outstaffing, as well as their legal regulation in Ukraine. Additionally, attentionis paid to the practical aspects of these categories, their main features and characteristics are identified. According to the results ofthe study, the most optimal form of staff involvement was determined. Thus, the optimal form of staff involvement follows directlyfrom the needs of the customer, because to obtain the finished result is logical to use the model of outsourcing, and for long-term performanceof certain functions – outstaffing. If the business entity needs to involve qualified specialists to perform certain functions ona permanent basis or for a long time, it is outstaffing, and if the customer needs to get a ready-made result – outsourcing.Based on the results of the study, it was concluded that the issue of outsourcing and outstaffing in Ukraine needs to be properlyregulated, which fully meets modern requirements. In order to eliminate this problem, there is a need to take the following measures:1) ratification by Ukraine of the Convention on Private Agencies of July 19, 1997; 2) making appropriate changes to the norms of theCivil and Commercial Codes of Ukraine, as well as the Labor Code of Ukraine; 3) development and adoption of the Law of Ukraine«On outsourcing and outstaffing companies».

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