Abstract

The objective of this article is to propose what can be called a law of ontological reason in economics as opposed to the law of supply and demand. To do this, it uses a phenomenological approach that interprets economics in terms of primary ideas. To this end, it's defined the ontological reason and the space in which it is built in order to introduce the concept of demand of rights and not of consumption. In this context, the relationship that underlies an ontological reason which presupposes a different behavior from that of the law of supply and demand is then described. According to this approach, it is claimed that the latter leads to structural problems. It subordinates the general identity of a country to the interests of individuals, as it focuses on maximizing personal utility that is unrelated to the creation of the rights of men and women living in a context that contains them in a relational way.

Highlights

  • A relation that tries to describe the possibility of the economic system to achieve the ontological conditions of a community that cannot be subject to the law of supply and demand because this only explains the maximization of personal utility in conditions of fluctuations of prices and quantities based on mathematical reasoning

  • The analysis is based on the assumptions of economic phenomenology, a branch of phenomenology that studies economics in the formation of its primary ideas and, in terms of possible ontological reason, that is what is considered important for people through the relationship between noesis and noema which is always an idea, a concept to be interpreted (Vigliarolo, 2019)

  • Before exposing this, are proposed the basics of economic phenomenology, the process of reducing goods and services into primary ideas, the presence of the general and particular characteristics that make up ideas as a presupposition of the union between individual freedoms and general identity, the spaces where these priorities can be built, that is the meso-economy, where what is called a demand for rights as opposed to that of consumption is constituted

Read more

Summary

Introduction

Why in economics is the law of supply and demand considered the main if not the only existing law that defines the behavior of economic actors and goods’ value? Is it possible that this law has serious problems in itself, that is, it does not correctly describe behavior if the objective is the general identity of countries that exists as a potential ontological dimension that cannot be reduced to a sum of individual interests? why did mathematical reasoning monopolize the spaces of economic decisions? Why can there be no other motivation to act, and all of them are based primarily on positivist mathematical logic? And if so, it is possible to get out of this paradigm that leads to living everything in terms of utility, even the ideas of what is considered important and the INSIGHTS INTO REGIONAL DEVELOPMENT ISSN 2669-0195 (online) http://jssidoi.org/jesi/ 2020 Volume 2 Number 4 (December) http://doi.org/10.9770/IRD.2020.2.4(5). It studies the coherence of economic systems with respect to these ideas considered priority in human consciousness and how these can represent the structures of an ontological reason that allows the implementation of what we call the Being of societies in the world (Vigliarolo, 2019) For these reasons, economic phenomenology observes and interprets what we call the possible "ontological reason" of societies as opposed to utilitarian reason, the result of a positivist vision focused mainly on individual interest and on the mathematical logic that presupposes an increase in monetary value without limits that leaves out important questions such as: what kind of world do we want? They are common values represented by goods and services as necessary tools of social being that contain an interpretable intention and, an intelligibility of the economic system in terms of an ontological reason and of maximization of profits

The method of economic reduction in ideas
Some standard relationships
Ethical social capital
The meso-economy
The law of ontological reason
Findings
Conclusions
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.