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Please use this identifier to cite or link to this item: http://ea.donntu.org/handle/123456789/29307

Other Titles: Institutional Theory as the Economics Mainstream: the valued Grounds of Formation
Authors: Артемова, Т.И.
Artemova, T.I.
Keywords: институциональные трансформации
общественный выбор
социально-экономический институт
политическая экономия
институциональная теория
інституційні трансформації
суспільний вибір
соціально-економічний інститут
політична економія
інституціональна теорія
institutional transformations
public choice
socio-economic institution
political economy
institutional theory
Issue Date: 2014
Publisher: ДонНТУ
Citation: Наукові праці Донецького національного технічного університету. Серія: Економічна. №1 (11) / ДВНЗ "ДонНТУ" ; редкол.: В.В. Дементьєв (голов. ред.) та ін. - Донецьк : ДВНЗ "ДонНТУ", 2014.
Abstract: Раскрывается исследовательский потенциал институциональной экономики как общего русла течения экономической мысли в контексте прояснения предпосылок равновесного корректирования институциональных трансформаций в направлении формирования общества, приемлемого для жизни. С позиций ценностной методологии выявлена природа социально-экономического института как ядра институциональной теории в широком смысле.
Description: The successful overcoming of consequences of global crisis and community development to a great extent is related to the search of adequate methodology of research of the phenomena of economic globalization. Such methodology can serve founding for the system of the state planning of institutional transformations by means of their equilibrium adjustment in the direction of forming of society acceptable to life. Problems of methodological ground, ideological providing of market transformations and programs of modernization of economy traditionally are the object of attention and active discussions of specialists. An exchange by opinions is carried out within the limits of wide circle of methodological range of problems and interdisciplinary cooperations, but mutual relations between a political economy and institutional economy even in such polyphony are distinguished by the special coloratura and sounding force. However the problem the valued grounds of unity of the research programs of political economy and institutional economy is still unsolved. The unsolved problem urgently requires clearing up of nature of economic institution. It is known that there is no unity of opinions among the representatives of traditional institutional economy concerning the borders of institutionalism as scientific direction. The reason of this is the absence of clarity in the essence of the institution concept. It, however, is not a substantial obstacle for strengthening of universal conviction in theoretical solvency and practical meaningfulness of institutional analysis of economy. Such ideas are conditioned, in particular, that institutionalism became the opponent to the traditional neoclassical paradigm dominating in scientific space. The edge of institutional criticism was directed to contents of the neoclassical price model with the purpose of exposure of his methodological insolvency because of inability to absorb economic information in all its plenitude. However such criticism has the limits. Price is a fundamental economic institute, organizing the economy in a system way. However none of influential branches of modern economic theory (including institutionalism) identifies a price as an institute, and it stipulates the limits of cognitive and methodological potential of each of scientific directions, eliminates possibility of structural (uncritical) dialogue between them, produces the general crisis of economic theory, and at the same time the crisis of economy. Overcoming of crisis and constructive update of economic paradigm is indissolubly related to forming of new theory of economic value as adequate to modern vital realities of scientific method. Realizing a similar project is possible within the framework of institutional economic theory in wide sense, which by its nature essence is a classic political economy as a mainstream of scientific thought. In an order to identify a political economy as institutional economic theory, it is important to reveal its true subject of research. This subject is an institution of price as the economic value – economic good, united in triple definiteness of marginal utility, cost and price.In such context a socio-economic institution can be examined as genetic unit (elementary formation) of the economic system, functioning on the laws of economic efficiency and social justice and providing succession of the equilibrium functioning and steady development of the economic system on micro- and macro level.
URI: http://ea.donntu.org/handle/123456789/29307
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