Paradoxes of Economic Theories and Politics
The article gives an overview of the evolution of economic theories, the conditions which led to the formation of their modern schools and focuses on the analysis of arising classic, neoclassic and Keynesian doctrines encouraged by the growth and development of productive forces (factors of produc...
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| Format: | Article |
| Language: | English |
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Russian Academy of Sciences, Institute of Economics of the Ural Branch
2015-06-01
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| Series: | Экономика региона |
| Subjects: | |
| Online Access: | http://economyofregion.com/archive/2015/55/2534/pdf/ |
| _version_ | 1797725219916349440 |
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| author | Ruslan Imranovich Khasbulatov |
| author_facet | Ruslan Imranovich Khasbulatov |
| author_sort | Ruslan Imranovich Khasbulatov |
| collection | DOAJ |
| description | The article gives an overview of the evolution of economic theories, the conditions which led to the formation
of their modern schools and focuses on the analysis of arising classic, neoclassic and Keynesian doctrines
encouraged by the growth and development of productive forces (factors of production), the formation
of big corporations-monopolists and technological progress. The severe global recessions (1929–1933) and
other shocks of the capitalist system brought to life the doctrinal theory, which is alternative to the classical
one. The doctrinal theory was a theoretic and methodological basis of the System for half a century, then
it was replaced by neoliberal and monetarist theories that proved to be inconsistent during the global crisis
and depression in 2008–2013. The article also touches upon the necessity to change the economic policy
of Russia — an urgent problem resulting from a policy of the Western countries trying to suffocate the country
with sanctions |
| first_indexed | 2024-03-12T10:28:01Z |
| format | Article |
| id | doaj.art-a12dc0131668465481c879626ee2d3da |
| institution | Directory Open Access Journal |
| issn | 2072-6414 2411-1406 |
| language | English |
| last_indexed | 2024-03-12T10:28:01Z |
| publishDate | 2015-06-01 |
| publisher | Russian Academy of Sciences, Institute of Economics of the Ural Branch |
| record_format | Article |
| series | Экономика региона |
| spelling | doaj.art-a12dc0131668465481c879626ee2d3da2023-09-02T09:34:04ZengRussian Academy of Sciences, Institute of Economics of the Ural BranchЭкономика региона2072-64142411-14062015-06-0120152234010.17059/2015-2-2Paradoxes of Economic Theories and PoliticsRuslan Imranovich Khasbulatov0Plekhanov Russian University of EconomicsThe article gives an overview of the evolution of economic theories, the conditions which led to the formation of their modern schools and focuses on the analysis of arising classic, neoclassic and Keynesian doctrines encouraged by the growth and development of productive forces (factors of production), the formation of big corporations-monopolists and technological progress. The severe global recessions (1929–1933) and other shocks of the capitalist system brought to life the doctrinal theory, which is alternative to the classical one. The doctrinal theory was a theoretic and methodological basis of the System for half a century, then it was replaced by neoliberal and monetarist theories that proved to be inconsistent during the global crisis and depression in 2008–2013. The article also touches upon the necessity to change the economic policy of Russia — an urgent problem resulting from a policy of the Western countries trying to suffocate the country with sanctionshttp://economyofregion.com/archive/2015/55/2534/pdf/history of economic thoughteconomic theoryeconomic policyrecessionthe Great DepressionNew Deal by F.D. Rooseveltthe Great Recession |
| spellingShingle | Ruslan Imranovich Khasbulatov Paradoxes of Economic Theories and Politics Экономика региона history of economic thought economic theory economic policy recession the Great Depression New Deal by F.D. Roosevelt the Great Recession |
| title | Paradoxes of Economic Theories and Politics |
| title_full | Paradoxes of Economic Theories and Politics |
| title_fullStr | Paradoxes of Economic Theories and Politics |
| title_full_unstemmed | Paradoxes of Economic Theories and Politics |
| title_short | Paradoxes of Economic Theories and Politics |
| title_sort | paradoxes of economic theories and politics |
| topic | history of economic thought economic theory economic policy recession the Great Depression New Deal by F.D. Roosevelt the Great Recession |
| url | http://economyofregion.com/archive/2015/55/2534/pdf/ |
| work_keys_str_mv | AT ruslanimranovichkhasbulatov paradoxesofeconomictheoriesandpolitics |