The Ontology of Power and Its Interpretation in the Economics

Journal Title: Бізнес Інформ - Year 2016, Vol 4, Issue

Abstract

The article is concerned with considering the ontological foundations of the modern economic theory, which determine both directly the subject area of research and the methodological approaches to its studying. Differentiation of scientific ontologies, i.e. perceptions of reality, leads to differences in explaining the large circle of issues, in particular, differences in the interpretation of the concept of power in the economic science. Studying and generalizing principles of the neoclassical mainstream together with the methodologically related directions provides characterization of the substant scientific ontology as «empirical realism». An alternative can be the ontology of «critical realism», according to which power acts as a system characteristic of economic relations, identifying the underlying trends and directions of system evolution. It has been displayed that certain provisions of the Marxism research program, such as class structure, market, social competition are consistent with the critical realism ontology and can serve as a prospect for studying the essential problems of economic development and transformation of society. In particular, they can be applied while studying the role of capital as a factor of power in the national and global competition.

Authors and Affiliations

Iurii Miriasov

Keywords

Related Articles

Innovation Activity of Industrial Enterprises: Evaluation Findings

The article is aimed at substantiation of a system of indicators for evaluation of innovation activity results, which is implemented on the example of 19 enterprises of machine-building industry of the Kharkiv region. It...

Identification of Objects of Strategic Changes in the Processes of Managing Company Adaptability

One of the most important goals of an effective company is ensuring its adaptability under conditions of the changing external and internal environment. Solution of this problem is possible under condition of formation o...

Liquidity of the Bank System of Ukraine in the Context of Economic Crisis

The article is aimed to study the level of liquidity in the bank system of Ukraine and elaborate the adequate tools to ensure its sufficient level. In the article the current state of liquidity of the bank system of Ukra...

Theoretical Aspects of Forming of Spatial Asymmetry of Placing of Labour Resources in the Economy of a Region

In the article the analysis of approaches to determination of the concept of "Spatial asymmetry" is conducted. The experience of both Ukrainian and foreign scientists is investigated. The comparison of term "asymmetry" w...

Analysis and Directions of Improving the Relationships between Participants of Customs Control

The article is aimed to study the relationships between control authorities and entities engaged in foreign economic activities in the course of customs control. As result of the analysis and systematization of scholarly...

Download PDF file
  • EP ID EP164540
  • DOI -
  • Views 98
  • Downloads 0

How To Cite

Iurii Miriasov (2016). The Ontology of Power and Its Interpretation in the Economics. Бізнес Інформ, 4(), 8-13. https://europub.co.uk./articles/-A-164540