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In Regard to the History and Substantive Epistemology of the Categories of «Capitalism», «Liberalism», «Libertarianism»
Moroz O. V., Lohosha R. V., Semtsov V. M., Krychkovskyi V. Y., Vakar T. V.

Moroz, Oleg V. et al. (2023) “In Regard to the History and Substantive Epistemology of the Categories of «Capitalism», «Liberalism», «Libertarianism».” Business Inform 7:6–14.
https://doi.org/10.32983/2222-4459-2023-7-6-14

Section: Economic Theory

Article is written in Ukrainian
Downloads/views: 2

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UDC 330.1

Abstract:
The article is aimed at implementing the correct interpretation of the specified concepts as categories of relevant theories, taking into account the history of their origin, dialectics of content and significance for social progress. The article presents the authors’ approach to the methodology (logic of cognition) of the part of economic theory, which is historically connected with the paradigm, ideology, doctrines of capitalism, as well as the historical dynamics of the processes of formation of the economic foundations of modern post-industrial civilization from the point of view of this theory. At this, such an economic theory is studied on the basis of the concepts and categories of «economic liberalism», «capitalism», «liberalism» and «libertarianism». The key provisions of the relevant theoretical postulates and their social interpretation, together with the consequences of social development in this case, are identified. The use of this allows to clearly identify functional factors (sources) and indicators of progress and efficiency of development models in the context of the main historically known economic theories. It is substantiated that, on this basis, management of development can be justly considered through manipulation of a set of indicators and limitations within a separate, virtually an engineering task, the expediency of which is determined through the dynamics of growth of development effects according to the libertarian model. It is concluded that modern society can be defined as a civilization, where the factor of economic freedom has historically received the greatest realization. Moreover, future progress is conditioned by the extent to which economic liberalism can be deepened in the future. And, accordingly, regression is determined by the extent to which economic liberalism will be limited on the course through the multitude of formally existing alternative conceptions, the essence of which is reduced to the ideas of regulation and flirting with the masses. This development dilemma is the main trend of possible scenarios.

Keywords: economics, theory, capitalism, liberalism, libertarianism, development.

Tabl.: 4. Bibl.: 15.

Moroz Oleg V.
Lohosha Roman V. – Doctor of Sciences (Economics), Associate Professor, Head of the Department, Department of Agricultural Management and Marketing, Vinnytsia National Agrarian University (3 Soniachna Str., Vinnytsia, 21008, Ukraine)
Email: [email protected]
Semtsov Vladimir M. – Doctor of Sciences (Economics), Associate Professor, Professor, Lviv University of Business and Law (99 Kulparkіvska Str., Lviv, 79021, Ukraine)
Krychkovskyi Vadym Yu. – Director, Organik-D LLC (118 Zhovtneva Str., Sutysky, Tyvriv district, Vinnytsia region, 23320, Ukraine)
Email: [email protected]
Vakar Tetiana V. – Candidate of Sciences (Economics), Associate Professor, Department of Philosophy and Social Sciences, National Pirogov Memorial Medical University, Vinnytsya (56 Pyrohova Str., Vinnytsia, 21018, Ukraine)
Email: [email protected]

List of references in article

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Bastiat, F. The Law. Martino Fine Books, 2011.
Proudhon, P. J. What Is Property?: Or, an Inquiry Into the Principle of Right and of Government. CreateSpace Independent Publishing Platform, 2018.
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Miurei, R. Do novoi svobody. Libertarianskyi manifest [To New Freedom. The Libertarian Manifesto]. Kyiv: Instytut vilnoi ekonomiky ; Wellbooks, 2023.
Bashlakov, S., Zolotoryov, V., and Khokhlov, V. Libertarianska perspektyva. Vid postkomunizmu do vilnoho suspilstva [A Libertarian Perspective. From Post-communism to a Free Society]. Kyiv: Nika-Tsentr, 2019.
Korniichuk, L. Ya. et al. Istoriia ekonomichnykh vchen [History of Economic Thought]. Kyiv: KNEU, 2001.
Veber, M. Protestantska etyka i dukh kapitalizmu [Protestant Ethics and the Spirit of Capitalism]. Kyiv: Osnovy, 1994.
Moroz, O. O. Instytutsionalna systema ahrarnoi ekonomiky Ukrainy [Institutional System of Agrarian Economy of Ukraine]. Vinnytsia: UNIVERSUM-Vinnytsia, 2006.

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