Interpretation of "economic man" models in the context of moral development stages

Tyumen State University Herald. Social, Economic, and Law Research


Vesntik TSU. Economy (#11). 2014

Interpretation of "economic man" models in the context of moral development stages

About the author:

Natalia N. Milchakova,
Dr. Sci. (Econ.), Professor, Department of the Economic Theory and Applied Economics, Financial and Economic Institute, Tyumen State University


Modern global interaction of national economies is in a condition of high vulnerability. Capitalistic principles of the economic life organization did not provide the targeted result — "development." Today global society demonstrates the inability of existing economic models to address current social and economic problems. Analysts and practitioners around the world are searching for the optimal development model that takes into account the interests and ethics of all businesses. The era of globalization changed the idea of morality concerning identifying ways and means to achieve the goals. Hence the imperative requirement extends to rethink the ideas about the moral dimension of every social community in order to reflect its requirements of searching of value bases in common global economics. In this connection, there is a question about expediency of application of human behavior models in the classical, neoclassical, and the so-called "new economy". Analyzing the evolution of various economic theories the author focuses on ethics and questioning the relevance of the interpretation of changes in the moral character of the image of a man in a classical, neoclassical and the new economy in the context of moral development stages. The paper presents the concept and 


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