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Alternative Interpretation Of Economics


  • Jurij Osipov


The paper tries to explain the philosophical-economic interpretation of economics, which is very different from common beliefs found in available textbooks and other sources of academic style. The author tries to answer the question about what economics is in terms of factography, oriented toward the surrounding reality. He starts from the hypothesis that economic atitivities individually and economy as a whole are not entirely of economic nature, but only partly, to the extent to which they are connected (mediated) with prices and money. It has lead to the conclusion that modern economy is a virtual-informational game and computer magic. Virtual multiplication of fundings nullifies the value category and reduces it to the absurd multiplicative fiction. Modern economy is dominantly global, with no bottoms or boundaries. It is ruled by the montruous energy of self-will not being subjected neither to man as the subject, nor the social system. It is economics for itself, in which the economic principle serves its own interests. Therefore contemporary economics is extremely dangerous, since it unstoppable deepens and expands existential and anti-economic pit of the entire manhood.

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  • Jurij Osipov, 2011. "Alternative Interpretation Of Economics," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 7(2), pages 35-54.
  • Handle: RePEc:mje:mjejnl:v:7:y:2011:i:2:p:35-54

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