Published July 22, 2022 | Version v1
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The Classical Theory of Value: Its Price-Based and Normative Aspect

Authors/Creators

  • 1. Doctor of Economic sciences, Professor of the Department of Economy and Personnel Management, Omsk Humanitarian Academy

Description

In the context of the coronavirus pandemic, the search for ways to rebuild the economy has intensified. However, the Western mainstream turned out to be clearly unable to offer a paradigm for the development of economic knowledge adequate to the realities. A systemic crisis has developed in economic theory, today there is an almost total a critique of the mainstream that continues to define the content of textbooks. Changing the paradigm framework for the development of economic theory requires the rejection of its value-neutral interpretation, which caused an anti-ethical revolution in the last century, and the development of strategies for studying the economy as a complex system, the behavior of whose subjects is determined by their ethical attitudes.

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