Abstract
In this paper, the ethical principles of M. I. Tugan-Baranovsky’s economic views and his civic activity are considered within the framework of “moral landmarks” of development. The aim of the paper is to appraise the possible application of this ethical approach in the theory and practice of modern world development. The author concludes that in the period of global economic crisis and institutional transformations this ethical method may be used for designing peaceful ways of solving conflicts based on ethical appreciation of human personality as the highest value.
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