Home  Journals  Economic Analysis: Theory and Practice  6(513) - 2021 June

Imperatives of the "Renaissance" of individualism and the formation of its new circuit in the political economy analysis

Received: 25 March 2021

Received in revised form: 13 April 2021

Accepted: 29 April 2021

Available online: 29 June 2021

Subject Heading: THEORY OF ECONOMIC ANALYSIS

JEL Classification: B41

Pages: 1066–1084

https://doi.org/10.24891/ea.20.6.1066

Subject. The article focuses on the updating of individualism as a natural ontology of modern liberal economy.
Objectives. The aim is to explore the possibility of realizing the real potential of the paradigm of individualism, which may have various forms of manifestation, and may position itself as a new, qualitatively holistic and productive "being".
Methods. The methodological perspective and the disciplinary matrix of the study are based on the use of creative potential of the dialectics of "essence and phenomenon", as well as the possibilities of logical and epistemological analysis of modern functional models of socio-economic development. I perform a content analysis of modern domestic and foreign sources of data.
Results. It is possible to verify the controversial nature of the judgment about the obsolescence of the neoliberal paradigm of methodological individualism, where it is necessary to distinguish between the dysfunctional monetary-plutocratic form of individualism and the essence of individualism as such, which contains unrealized creative potential of a possible new "being". I offer an approximate outline of the new qualitative integrity of the individualistic concept, where the spiritual-moral and value-semantic attractor becomes the "center of gravity".
Conclusions. At present, the individualism needs fundamental updating. The scientific and practical significance of the article’s provisions consists in the attempt to continue the discussion within the search for the most effective model of socio-economic development, the formation of a new subject field, and concretization of the phenomenology of methodological individualism as an ontology of modern political economy analysis.

Keywords: individualism, liberalism, neoliberalism, monetary-plutocratic form, creative form

References:

1. Polterovich V.M. [Towards a general theory of socio-economic development. Part 1. Geography, institutions, or culture?]. Voprosy Ekonomiki, 2018, no. 11, pp. 5–26. (In Russ.) URL: Link
2. Polterovich V.M. [Towards a general theory of socio-economic development. Part 2. Evolution of coordination mechanisms]. Voprosy Ekonomiki, 2018, no. 12, pp. 77–102. (In Russ.) URL: Link
3. Grigor'ev L.M., Pavlyushina V.A. [Inter-country inequality as a dynamic process and the problem of post-industrial development]. Voprosy Ekonomiki, 2018, no. 7, pp. 5–29. (In Russ.) URL: Link
4. Ershov M.V. [Ten years after the global crisis: Risks and prospects]. Voprosy Ekonomiki, 2019, no. 1, pp. 37–53. (In Russ.) URL: Link
5. Ershov M.V. [The world in 2020: New challenges expose systemic changes in the economy]. Voprosy Ekonomiki, 2020, no. 12, pp. 5–23. (In Russ.) URL: Link
6. Kapelyushnikov R.I. [The idea of secular stagnation: Three Versions]. Voprosy Ekonomiki, 2015, no. 5, pp. 104–133. (In Russ.) URL: Link
7. Buzgalin A.V. [The decline of neo-liberalism (to the 200th birth anniversary of Karl Marx)]. Voprosy Ekonomiki, 2018, no. 2, pp. 122–141. (In Russ.) URL: Link
8. Buzgalin A., Kolganov A. ["Marketocentric" Economics Is Obsolete]. Voprosy Ekonomiki, 2004, no. 3, pp. 36–49. (In Russ.) URL: Link
9. Hegel G.W.F. Nauka logiki [Wissenschaft der Logik]. Moscow, Mysl' Publ., 1971, Vol. 2, 248 p.
10. Gimpel'son V.E., Zudina A.A., Kapelyushnikov R.I. [Non-cognitive components of human capital: Evidence from Russian data]. Voprosy Ekonomiki, 2020, no. 11, pp. 5–31. (In Russ.) URL: Link
11. Kolodko G.W. [After. Economics and politics of the post-pandemic world]. Voprosy Ekonomiki, 2020, no. 5, pp. 25–44. (In Russ.) URL: Link
12. Lyubimov L.I., Ospanova A.G. [How to make an economy more complex? The determinants of complexity in historical perspective]. Voprosy Ekonomiki, 2019, no. 2, pp. 36–53. (In Russ.) URL: Link
13. Salikhov B.V., Oligova M.B. Neyavnoe znanie kak ontologiya korporativnykh innovatsii: monografiya [Implicit knowledge as an ontology of corporate innovation: a monograph]. Moscow, Kosygin University Publ., 2018, 224 p.
14. Buchanan J.M. Sochineniya [Writings]. Moscow, Taurus Al'fa Publ., 1997, 560 p.
15. Hayek F.A. Doroga k rabstvu [The Road to Serfdom]. Moscow, Astrel' Publ., 2010, 317 p.
16. Hayek F.A. Individualizm i ekonomicheskii poryadok [Individualism and Economic Order]. Moscow, Izograf Publ., 2000, 256 p.
17. Danilov-Danil'yan V. [Global Crisis as a Consequence of Structural Changes in Economy]. Voprosy Ekonomiki, 2009, no. 7, pp. 31–41. (In Russ.) URL: Link
18. Veblen T. Teoriya prazdnogo klassa [The Theory of the Leisure Class]. Moscow, Librokom Publ., 2011, 368 s.
19. Jung C.G. Ob energetike dushi [The Earth has a Soul]. Moscow, Akademicheskii proekt, 2010, 280 p.
20. Aslanov L.A. Mentalitet i vlast'. Russkaya tsivilizatsiya [Mentality and power. Russian civilization]. Book 1. Moscow, TEIS Publ., 2009, 557 p.
21. Tsaplin V.S. Razumnoe, no ne myslyashchee [Reasonable, but not thinking]. Moscow, Kraft+ Publ., 2009, 352 p.

View all articles of issue

ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

Journal current issue

Vol. 23, Iss. 3 March 2024

Archive