Economic paradigms, public ethics, socio-economic institutions: dynamics and relationships

Abstract

The article studies the relationship between ethics and economics in the context of current system’s functioning of the most important social institutions. The purpose of the study is to theoretically analyze the relation between the economic and ethical structure of society and to develop recommendations for the practical application of the results ща designing a strategy for the country's socio-economic development. The research is based on the principles of the systems approach, space-time analysis and the methodology of systemic socio-economic theory. The structure of economic paradigms is compared to the structure of ethical paradigms. The conclusion is made about their mutual conditionality and influence on the type of social structure. The dual nature of the relationship between economics and ethics is substantiated. This duality is manifested in the separation of the subject of economics and ethics in systemic terms: if the economic subjects are the processes aimed at mastering the forces of nature, then the subjects of ethics are the processes aimed at improving the system of intra-societal relations. Economics in society is comprehensive, while ethics has the property of widespread penetration into the consciousness of economic subjects. The economic and ethical spheres all together determine the structure and functions of socio-economic space-time. Strengthening the institution of reputation contributes to the dissemination and consolidation of traditional values and raising the ethical level of society. It is necessary to represent it in the strategy of the country's socio-economic development along with target guidelines for economic dynamics, as well as the desired state of the spiritual sphere of the population and generally accepted principles of ethical behavior. The possibilities of applying ethical principles in solving the problems of location and development of productive forces in the country are explored.